|
.,��,
<br /> �� • -=:�t-°t=-_
<br /> --;= - -_.
<br /> -:-�.: :
<br /> � _.�:�..�
<br /> '4' r,4ti••.�+��+:a a.:...A����.�s-a. —.
<br /> ' ' 96� .. �OQ99ti � '.
<br /> � - � LOANNO. 1 53s� 14353
<br /> � dt►ta of the morithly paymants,whlch ate ref�red to in Paragraph 2, or chanfle the amaunt oE suc:h pay�n�ntn. �n�� �
<br /> exea�prxaeds a�ar an a�►ount raquired to pay ail outstandfnp irxiebtednass unctar th�Nui4 arxi thls S�curity
<br /> InSis umen.stiail ba paki to tha ent�y la�atly snt�t�i ther�to. �
<br /> � e.F�as. Lerxie�may cdlect teas and char�es aushatzed by the Secretary. b�
<br /> � Q.Grouncl�for Acc�l�ratlon of Dabt. r�-�
<br /> (�)Oahutt. Lender may,except as Ilmited by regt�lations issued by the Secretary In the case of paym�nt cP�aults, � �
<br /> � requlte Immedlate payment in full of all sums secured by th(s Security instrument ff: �y
<br /> (1)Barrower dotaults by falling to pay in fuU any monthly payment n3quired by thls Security inatrument pdur �
<br /> . to w on the due date of the nexi monthtY I�Ymeni,or t;,-=
<br />. j (n;Eorcower defautts by taiilnfl,for a period of thtrty�iays�to pe�fotm any other obiiqations contpGic�d ki tltt� �-_-
<br /> 1 ;.�;,�rfry Instn�ment. -
<br /> (h)at�Ge'ii,�'}eut Crrldit Ap�xoval. Lender shall,f#permitted by appli�able�law and with th��xlor apprqval o�tha
<br /> ;� 'Sectc��.r�utre immedlate payment In full of all the sums st�cured by thiS Security lnsirument H:
<br /> �� �� (i)A11 or part d the Proporty,or a beneficlaf Inierest In a trust owning a11 or part of fhe Praperty.l�saki ec
<br /> oiharvvlsa transferred(Whar than by devise or desceni)by the Borrower,and
<br /> (li)Tha Propeityr Is not occupled by the purchaser or qra�tee es his or her principal residanaa,cr the
<br /> purchaser or grantee does so accupy the Property but h!s or her credlt has�ot bean apptovqd in
<br />: accordance w�h the requlrements of the Secretary.
<br /> � • (c)No W�tvK.if clrcumstances xcur that woufd pennft l.ender to requtre immediate payme�t I�full,but l.snder
<br /> : daes not�equlre such payments,Lende�does not waNe fte riqhts wah respe�t to subsequeni everus.
<br /> � (d)R�pulatlons of HUD S�ct�4ry.In many ctrcurnstancas rapulatbns Issued by the Secretary wii111mft Lender's
<br /> ° tiqhts,��the case W payment detauits,to�equlre immedtate paymenl tn tWl and toreclose M notpaki.Thla Securit�t
<br /> Instrument does not authotize acceletatlon or toreciasure B not pem�tted by�reyulatlons d tha Se�retary.
<br /> � '� (�)I�Aortpsp�Not Insund. Bonower agrees that should thls SecuHry Insirument and the note seau�ed the�eby not
<br /> ' be ell�ib�e for Insurance under the National Housing At:t wfthtn e o o�►r s fram tha da4e hered. R-�
<br /> . lender may,at�soption and notwithstandlnQ an�Rhing tn Pa�agtaph 9,requlre ImmedlAte paymant fn full af d! ��'r��
<br />� sums secured by thls Security Instrumant.A wrltton statement of any autha�ized agent�thQ 3ecr�ry dated �`"
<br /> subseque�t to s o D A Y S from th�date hereof,decllnir�g to{nsure thls Secu�ity►In:►tn�mer►t and the -
<br /> � note secured thereb��,shall be deemed conclush�e proof of such tnell�lyR3ry.Atotwithstanding th�forqgdng.this � Ky.
<br /> -; , optian may not be exercised by Lender when the unavaUabYity a4 I�sttranae is sdely dua to Lender's failure to remmit
<br /> e
<br />�, a mortgage insurance premium to the Secretary. '-
<br /> , 10.Reinstatemern. BoROwer has a right to be retnstated ff Lende�has raqulred immedlate paymeM in full because �, '
<br />� , o f B o r rowe r's t a Uure to pay an amoun t due u n det t he No te or t h i s S e curity InSn�men t.T h l s�ig h t appi l a s e v e n a i t e r ��
<br /> foredosure prxeedinQs are instituted.To retnstatQ She Securiry Instrument�Eu�rower shall tender tn a lump sum all
<br /> amounts required to bring Borrower's accouM cttRe!^i induding,to the extentthey arQ abtigations of Bom�av►er under �
<br /> ; �s;.:� this Securtty Instrument,foreclosure ca�s and re3sonabte and cusiomary attomeys'fees a�ex�uas P�P�Y
<br /> • ��; assoclated with the foreclosure proceedin�.flya��r�einstatemeM by Borrower,this Securit�f�.si�r.cment and the _�
<br /> �`��::� obil9ations that it secures shall remairt�n effer�as iF Lender had not�equired immediate pa}�ment k�fc�l.However,
<br /> �,
<br /> .�:'.}��. Lender is not required to pem�it�etnstatemer,t iF:�}Lender has accepted reinstatement afte�tha comrn�ncemerd of _
<br /> �,� foredosure proceedings within two years imme�f�ae�p�receding the commencement ef a c�Rern faedosi:re
<br /> 7� �'� proceeding,(in retnstatement wUl preclude fwecEa�ure on different grounds in the future,ar(w)reinstatemeM wii!
<br /> �_' adversely aifect the priority of the Oen created by tE�is Security Instrument
<br /> � 11.�ar+ow�r Not RN�as�d;ForbMr�nce Q�►L�ncfer Not a Waiv�. E�dtenston a the time ot payment or �_
<br />' � , modificatlon of amortizatbn of the sums securect by this SecurEty Instrument graMed by Lende�to any sucaessor in __-
<br />=* inierest of Borrower shatl rx�t operate to release the�iabUfty of the original Borra++�r or Borrower's success�ar tn Ir�erest
<br />:r, Lende�shall not bs requtred to commence proceedings against any successor E�Enierest or refuse to extec�d time for --
<br /> payment or othervvise modffy amortlzatlon of the sums secured by thls Secutity Instrume�t by reason of any demand
<br />:�;.� made by the origlnal Borrower or Borrciwer's successors in interest.Any forbeetrance by Lendet irt exerclsinp any ripht
<br />' ` or remedy sfiall not be e wafver of or{�ra�S;r�e tEse exercise of any right or r e r n e dy. - -
<br /> � 12 Succasaors�nd Assf�ns Bos�i;Jeirtt a�nd Several Lla�Ii ,Co-Si�n�rs. The cavenarus and ayreemer�s� _
<br /> s
<br /> this Seeurlty Instrument shaU bind and benefit the s�ccessors and ns of Lender and Borrower�subjeci to the
<br /> provislons of Paragraph 9.b.Borrower's covenarts and agreements shall be Joint and several.Any Bonro�er who
<br /> co-signs this Securiry Instrument but does�ot exocute the Note:(a)Is co-slgntng this Secttrity Insiniment only to
<br /> mortga�e,grant arxl comiey that BoReyu"er's interest tn the Property under the terms of thts Secu�ity Insi�ument;(b)is
<br /> not pe�sonally obitgated ta pay the sars�s sec�red by this Se�u�ity InsuumeM;and (c)agrees that Lender and any other "�
<br /> BoROwer may agree to extend,modify,forbear ar make any accotnmodailons v�th re�ard to the tecros af th�s Security =�::.
<br /> InstrumeM or the Note w�thout that BoROwer's Cc�nsent. �r�:;�-.
<br />:_ , t3.Natica. My notice to Borrower pro�f�ed for in thts Security Instrumem shaU be g�ven by delivering(t or by --
<br /> � maUing�by flrsi dass mail unless app�icabie taw requires use of another method.The notice shall be directed to the =-
<br />'. "�' Property Address or any other address Bocrower designates by notice to Lender.Any rscsci�ce to l.ender shall be gNen -
<br />;' � �, by first dass maq to Lende�s address stated herei�or any address Lender designates by nctice to 6cxrower.Any noUCe �_-
<br />. � provided fot in this Security Instnuneru shai!be deemed W have been given to Bcmo�re�or�ender wt�given as _
<br /> provlded in thls paragraph. —
<br /> "�` 14.Govsmin�Law;Sevsrabtit�P_ This Security Inst�ument shall be goveme�by Fer9eral law and the I�w of the --
<br />` r jurlsdictlon in which the Property is locaed.tn the ever�t that any rovisbn or cta�se oF 2t�s Security Instrument or the �=-
<br /> �; Note conflicts w�h appitcabte taw,such conflict shalt not affect�r provistons of this Secur�y tnstnunent or the Note �"
<br /> whfch can be given eHec�+�ithout the cor�lictin�provlsIon.To ihis end the provislons of this Securiry InsUUment and the �t�_..
<br /> , (Vote are doclared to be severable. 3��
<br /> __-_ 15.Borrow�ar's Copy. Bo�rowet shal!be givan one cor�formed capy of thls Secwity tnstrumeM. �,._
<br /> 1a Ass{�nRt�M of RNtt�. Borrower uncondftionaliy assl�ns and t�nsfers to Lender all the reMs and revenues of -
<br /> _ the Property.Borrower authorizes Lender or Lenders age�s to collect the rents and revenuea and hereby directa each
<br /> � tenaM of the Property to pay the rents to Lender or Le�er's agants.However,prior to Lender's notice to Borrowe�of
<br /> BoROwer's breach of any covenaM or agreemeM In the SecuNty Instrumeni,Borrower shail cdlect and recelve all rents ,.
<br /> and reve�s�es of the Property as tnutae for the beneHt o#Lerxler and Borrower.TFus assl�nment of rer�ts constkutes an
<br /> abso(ute asslgnmerrt and not an asslgnment for add�ional sectuky only. �=
<br /> If Lender gives notice of breach to Borrower.(a)ait rer�ts received by Borrower shall be held by Borrower as trustee
<br />' for benefit of Lender only,to be apptled to the sums secured by the Security InstrumeM; (b)Lender shaU be enii�ed to t':=-
<br /> � cdiect and recehre all of the rents of the Property;and (c)each tenant of the Property shall pay all rents due arxl unpaki �.-
<br /> to Lender w Lender's ag,eni on Lenders wrrtten demand to the tenant. ,K
<br /> , Borrower has not executed any prior asstgr�ment of the rents and has not and wiU rtoi perForm anyr act that wouid �i�
<br /> pre�vent L e n der ftom exer c i s tng R s c i c�t s u r x t e r t l�s�s Paragra p h 16. ��__.
<br /> ' �"' Lende�shall not be required to c-?i:er�cporn,t�;ce contrd of or maintaln the Properry be#are or aRer givtng noUce af
<br /> breach to Borrower.However,Lender or a jud(c(a![�appointed receiver may do so at any time there is a breach.Any ��
<br /> applkation of renis shall not cure or walve any defauft or Invalldate any other right or remedy of�ender.This ;_�,-
<br /> assignment of rents of the Property shal!terminate when the debi secured by the Security Instrument is paid in full. �:.:
<br /> . FHA NEBRASKA DEED OF TRUST 5/05
<br /> ISC/FMDTNE//0691/(r95)•L PAG�7��
<br /> ,�! '! t�{,.
<br /> �t•
<br /> �----- ---- ....---- --------•----•-�-- - - --
<br /> -- -�------- ....----------
<br /> ----- . . .___.._�_ �.�
<br /> .�a,�::n -
<br />
|