|
w�x �.v��� . ... .��..
<br /> �h:- . .� �n�' .. .. � .
<br /> ... . srrM4lC.i�i.•....� , .� . . - �. ' � . . . . . .. . . ,•� '� .
<br /> �v�,M1e�_��'>,?t::n.. . . .
<br /> . ' �6- 10�� .'','�' ..
<br /> � �,QA(�)(�Q. 1 5 3 9 2 1 4 A 3 7 .
<br /> • dato of tho monthly payn�nnto,which aro roforreti to In Pura9mph 2,or chanpo th3 amount�f euch paym�fr�tn. l�ny
<br /> oxcoss praceede ovor an pm�urt requlred to pay all aututAndlnn IndoE�tccfr�toa�undor Yho No4c�and thln Sc�curit�
<br /> ' Instrument shall bn p�lcl to tho Antity lepally ontitl�id th�reto. -
<br /> 0.F�es. Lender mny colloct fs�f�gnd Ciit�r��n authorl��by the 8ecrotary. 1 -
<br /> • �.Ground�for Rea�ler�tlan�f O�obt. ,, ;.,
<br /> ' (�)C1Q4ault. Lender may,excnpt aa Ilrnited by repulatlons Issueci by the 8ecretsry{n tho ceRO ot p�ymAnt d�itutlta, � .. .
<br /> roc�ulrr�Immedletc�paymont In fiill at o►I ouma secured by thla 3ecurky Instrument II: ,
<br /> • � I (I)Bnrtower detaulti�by fulllnp to�y In tull eny monthiy pay�►ien9 reyulred by Yhla�ecurlty Ina4rurn�nt p�lar j �..''t�''.1
<br /> � to or an the ciu�dat�af th�nnxt mc��thly paymont,or ,.
<br /> (II)B�rrowQr domultn by taII1nQ,Tor a kt�rlod of thirty d�ys,to periorm any oih4r obllpatlanfl cQntalnc��i In thlsi
<br /> , _ �� Security Inatrunlant.
<br /> (tt)Seln V�'{thr�ut Crsdk AR�rr�val. Lendor ehall,if permittrtd by eppllcabie law and w!?h tha prtur a��ra�aol o}thn
<br /> Secratriry,requln�Immadinto paymnnt In iull of all the sumo aecurad by thla Sscurtty In�trument Ii:
<br /> (I)WI cr�;,ae�ot the PrC�vr�j,or a naneficlal Infereat In e trust ownln�all or pflr�af the Property,Ia�o�d or
<br /> ' cthenr�t[ie u:anaferred(r.2i��ar th�n by devise or descent)by the Borrower,and
<br /> • (II)Tha F"���:erR�j Is Rat cccupled by the purchasor or grantes as hls or her�rinalpat resldence,or tho
<br /> ',. Nurchaoer cr��rr�.ntr�4 c�uvs so occupy the Propert�l but hls or her credit hna nnt besn approvcfd In
<br /> • accordanco vrith the rac�uitamenta of the Secretary. �:�.�-
<br /> ; r (c)Nc.��1"Mlver.If airc�ametQnc�s eccu�that would permft Lender to requlre Immedinto paymont In full,but Lendor .���!!�;;;,.
<br /> „ . � does not require s�tch payme�t�,�er►der does not wahro fta rlghts wfth respect to subsequent events. __:.,::.
<br /> � ���".:?=��,..._ .
<br /> (d)Reg�slaticn�ot MPJ�►Secre2y!►y.In many circumstances regulatlons I�sued by the Secretary wll�Ilm(4 Lender e �,--
<br /> , � rlghte,�n the caQe of payment dcjisults,to require Immediate payment in full and foreclose tf notpaId. This Sec�trfty ° � .,u`_
<br /> Instrument does not author(za n�celeratl�n ar toreclosure 14 not permitted by regulatlona of tho SecrAtary. ., ��.�::--:..
<br /> (e)Mort��y�Not Iroaured. �3orrower ayrees thax should thls Securtry Instrument and tho note secured thera4 not � 'i'i^;��!*=- __
<br /> .. Y .S.r_.-_;__,. -
<br /> ' . ...�t_,_. be eligible ic+r Inaur�nce under tha Natloruil Housing Act within s o D A Y S from the dato heraaf, :. �;�.--..
<br /> r Lender muy,at lU�e�atlan anc!notwfthstarxiittg any�hing In Paregr�pfi 9,�sAufre Immediate paymenl i�iuil�i al! '��:.t!��,._�� _
<br />� , ,4, sumn secured by Ynis Security Instrument.A wrftten statemeM of any�trthorizEd agent of the Socratary datool '
<br /> '�•�t aubs�quont to s o D A Y S ftom tha date hereof,cieclbiing to insure thia Security Instrument and the 4:-��==� �~
<br /> ��y�S� y p 9 �h►• 9 9 g .�:.��e<---
<br /> ,.�„�S� rtc�4e secured thereb ,shalt be deemed conalusive roof o4 such Insll iblt Notwfthstandln the fora oln ,thls �!����'—
<br /> ����'�,�,��. opiion may nat be exerclsed by Lender when the unavallablllty of InsuranGe Is sol�y due to Lender's fellure to rem(t ��..;- _
<br /> .,._:�,,. �_-�--�_
<br /> . ti,:;��• a mortgage Inaurance premlum to the Secretary.
<br /> ��.7� 10.Rein�tatomeM. Borrower has a right to bo relnstated if Lendar has requlred Immedlate payment In full bacause `
<br /> .�9�`.:_ of Borrower's fallure to pay an amount due undor the Note or thls Seeurity Instrument.Yhls right applles even efter ;�
<br /> �• � ��`�5!�. foreclosure proceedings are Instftutod.To reinstate tne�ecumy insirumeni,BoROwer c��iaii ieinin�ii�a iii���p su���a�! - -��-----.�;
<br />- • ��"'�`� amounts required to bring Borrower's account current InclurJing,to the extent they are obllgatlons of Dorrower undor �,, ,�•ti
<br /> this 3ecurity Instrument,foreclosura costs and reasanabto and customary attomeys'foes and expensea properiy >�' "
<br /> � assoclated wfth the foreclosure procaeding.Upon relnstatemerrt by Borrawer,thls Securfry Inatrum�nt sr9d the
<br />;�` � obligatlons that It secures shall remaln In c�ffect as ff Lendar had not roqulred immedlate payment(n tull.Hawever,
<br />� �� Lender is not requir�eti to permR relnstatoment ff:(f)Lender has accopted relnsWtemont aftsrthe commencemont of
<br /> :• ' foreclosure�roceedinga wi�hin two years Immedlately preceding the commencement of a current forgclosure
<br /> ' -�°������, proceeding,(Iq refnstetoment wlll rsclude foreciosure on dlHerent grounds tn the f�t�eo,or(ilq relnstatemeM wUl
<br /> �_±a_;fi'� ..,,,;: .
<br />_�-��.:� �. adversety�ifect the prlority of the ten created by thls Security Inst�ument.
<br /> �T'��� ���� ' 11.Bortovrer Not Roteased;Forb�tnncs bY Lenda'No�t M We lvsr. E x t�ns lon a f t he t ime o f payrr�on t o r
<br />-�'�`�`�'" "�. mod�ica4lon of am�rtiz�tlon of the suma sec:ured by thls Securlty Instrument granted by Lender to any successor In
<br />?5�"M1'.
<br /> �:'.'�;����V„, IMerest of Hurrower shali not operate to retease the llablliry ot the orlginal 8orrower or Bonower's sixcessor In tnterest. _ .
<br />�`.d���:;r�:�:.n Lender shall not be requlrod to commence proc e e d►ngs aga lns t any auccessor I n I n t e r e s t or retuse to extend time 4or -----
<br />���.;:=�r%,.`�!9�� payment or otherwise modHy emortlzatton of the sums s�cure�l by this Security Instniment by reason ofi any demand ___--
<br /> W�=�-:`�u?'�"�`=�7 made by the original Borrower or Borrower's succossore in Intarest.Any torboarance by Lender In exercising eny right _ -
<br /> _,,,—n�;b;;��� or remedy shall nat ba a wahrer of or prectude the exercise ot any right or remedy.
<br />;�,..�= 12.Succsssors and Assf�ns Bound;Jx�lnt�nd Ssv�ni l.i�bil�y;Co-Si�ners. The covenants ond agreemente of
<br />_��.°E��� tMs 5acurity Inetn�meM ehail bTnd and benefit the successore and asalgns of Lender and Bor�'ower,subJect to the
<br /> �� `�`�'� provlslons of Paragraph 9.b.Boraa�ver's covenanta and agreerr�enta shal!be jolnt end several.Any Borrower who
<br />,.:,:.,_,� .�r,s, --
<br /> ==-'r'-'��`�;� casigns thls Seaurity Instrumoni but doos not oxec u te t he No te:(a)Is co-s l�Nn g t h i s S e c u r t t y I n s t r u m e r ti t o M y t o -
<br />���!�4:� mort�ge,QraM and canvey tha�Borrov�or's Interest U the Proparty undar the tertns at this Securfty Inatrumer�t;t3�)la
<br /> ""�'a`�.�N� not personally obik�at�c1 to pay tho sums secured by this Security Instn�t�erot;and(o)agreea that Lender end ar�y other
<br /> �.'w �• Borrower may ag�4��xtend,modtfy,forbear ar make any accommodatlons wfth rec�a�d to the terms of this 9ecurfty
<br />�-�;.;,;:�r.. Instrument or the Noi��without tb�4 Borrower's conseM. „�
<br /> -�""�.`��,�;" � 1aJ.NotlCe�. Any notice to�10rr�wer rovided tar In t�a1s Securtty Instrument shall be gh�en by delivering ft ot by —�;,;<<:. �_.
<br /> _-:�s;t�;�� -----
<br /> �:;;��.�,,,. , rr�ailing R by first class mall unless appllct� e law requires use of another methai.The notice shall be dirocted to the ����•�-�
<br /> �.�a.:.� -• ��:T —- --
<br /> ,,, ,;,., .,�,, � Prape�ty Address or any other addr�esa Borra�rer deslgnatos by notice to Lender.Any notice to Lendar sR�til be givere
<br /> ` : °-f- �• by flret class maN to�.arxier's addr�ss at�ted O��reln or eny address Lander deslgnates by nottca to Borrower.Any notice =____-- —_
<br /> pravlded for In thls��curity Inst��mam e?�al3�D deemod to havo baen gEvon to Borrawer ar Lendar vV�on gNen as � � ---•�::
<br /> '" . ' ..�r � provkied In this paragraph. �. .��<> � °_
<br /> 14.Govemir�Law;Sev�@�1�t3gr. This Securfry Instrumont shrill be flavemod by Fedors�l law and the law o?the �� s,s.,?,:
<br /> , � � lurisdktlan In whlch the Property Is tocated.In the evern that any provision or clause ot thls Security In�tn�ment or zhe ;' ���,y,'; � `*�
<br /> Note conflicts with eppifcable law,suah conftk:i shall not c�ffoct othor provisio�o c�f thls Secufity Ins4�um�ant or the Nate '� �r� �� �
<br /> � � wNlch et3n be given effect wfthout tho c�nfllc4�r�c�provislon.To thts end tho provislon3 of thl�Secur�rt�EnstNmont and the �'•� �`�`�"
<br /> �' � Note are declared to bo severable. � `
<br /> ...;� ,�r��- +
<br /> - , ' 1li.BorrowK's Copy. Boe�ower shr�ll be given one c�siomrx�d copy of thls Secu�(ty Inotrurrn3rn.
<br /> ..�;.-�� : ��.
<br /> mrx d
<br /> � i �...�.;,� . .
<br /> . ..
<br /> td.Ass{�nrtk�t oi R�Ms. Borrower uncondftionally assigns and transfers to Lende�ell the reMs and revenues of `�x-r-�. '=•
<br /> :;: :,. 4.:;;._.:.
<br /> _--. .-�!16'_"�_r i rnA p�nnRrtv,enrraNar euthorixes Lender or Lerxier's ageMa to collect the rents and r�nrenues and hereby directs each �� '•�>�='�� •
<br /> �}„�„__ _ � ..H�.,,.._ ,,,-,�.,-. -
<br /> tenarn af the Property to p�y the reRts to Lender ot LendOr's ag�ntn.However,prior to Lerxfers�otico to�rorrcwsr oT -_-- __-��--R,��
<br /> ��. • ~ Borrower's bresch df any covenant or agreement in the Security Inotniment,Dorrower shall cdlect and recehre ull rents . . „ . -_ .
<br /> . � ' and revenues of the PropeRy as trustee for the beneflt ot Lender and Borrawer.Thls aosignment of�ents constkutes en
<br /> - sbsolute asslgnment and not en assignmen4 for additio�al security onfy. .
<br /> (�Lc3ndor glves notice of breach to Borcower.�a)ail rents recehred by Borrowor shall bo held tt}�Borvowe�as trustee ,
<br /> for benc�fit nf l.errder nMy,to be appllod to titc3 sums secured by the Security Inst►ument;(b)Lendar shall be entitleti to ,
<br /> � � " cdlect and recetve all et the reMs of tha�roperty;and(c)esch tenant of the Property shalt pay ali ronts due and unpald •
<br /> to Londer or Lender's agent on Lender's written demand to th�tenarK. '
<br /> _ � - - L'or:�r:ar tis:.ai�xMutcd�ny p�ar a°..s:gamars*.r!*.hs r�►M�srK!ha�n�+.end�r�11 nnt nnrfnnn pny A�4 that would _ � ,
<br /> prevent Londer irom exercasing Ets riflhts under this Paregraph 16.
<br /> • Lender shall not be requ{reti to o�e�upon,take conird of or malntaln the Property before or after gNing notice of .-
<br /> txeach to Bortower.Nowever,Lender or a judlcta�ly eppolMed receNer may do so at any timo there is e breach.Any � '„
<br /> applloatlon of rerrts shail not cure or walve any defaWt or trnralkiate any othcar►ight or remady of Lender.Thfs
<br /> � asslgnment of renta of the Property shall termi:�ate when the deWt securod by the Security InsttumoM Is pak!in full.
<br /> FFi*REBRASKA DEE.D OF TRUST 6��s
<br /> ISC/FMDTNE//06'91/(5�95)•L PAG�90F4�
<br /> .} .
<br />
|