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<br /> �% '��ld a�� � �� �Vi47�� LO�NO. 1 5 3 9 2 2 4 5 8 5 ��`:�":.i:..•�.:,,; .�,
<br /> !3E-RECaRD�6 � .
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<br /> � � 1.Rayrtt��61 Prin�lp�t,irtier�st a�L�te CharOe. �orrawer sh�ll pay vuhen dtca the principal of.and ir��rest en. . ., •. .::. ., _--
<br /> the deb:sv'�a��t by t�i�aie a�xi�c�r��dt�s undsr the�lote. -��,�",
<br />`-�� t . . - - _
<br /> 2.t,�or�3f�ty Payments of Yascea.ln�urance.��d Othar Char$�a. 8acraw2r sh�!!Indude tn each moMhfy a
<br /> . paymeM,tegether yrfth the princ{p�I arrd(nierest&s sst 4orth in thm Not�and arry tate chargos,a sum faf(a)tex�s and . • � __
<br /> speclal assessmerrts levled or to�e tsvted agalast tne Prop�rty.(b)leasehald PaYn►erit9 or grounsl res�ts on tha � . . _--
<br /> Praparty.and(c)premlums for insurance requtred under Paragra�h 4.In any yaar tn whtch ths Lender must pay a � . , . _
<br /> mottgage tnsurance premfum to the Sectetary af Houslrtg a�i Urban D�velaPment('Secretaryf),or in arry year tn whlch , . , ` �=r..
<br />--� suchpr�mium would have been requir�s!N Lsridar stUl h€�d tha S�c�s�ty instrumer�t.each m�r►thiy PaYment shafi also .`.,:..-_;_ ;-�-. . --_ ---
<br /> includa e�her.(�a sum for tha annual mortgage insurent�prenlium to be pald by Lender to the Sscref�ry,or(i�a '
<br /> -.� mor►thly charye instsa�af a�aRgag�Inautan�p s e m[u m�t i h l s S e c�r t't y I n s t n�m e�I s h a l d b y t h e S e c e e t a r y,i n a `" : _ ,_ � _ —
<br /> ' i reasott�bie amoutrt to be determ(ned by tha Secretary. Euce�t iar the monthly chargs by the Sec�etary,�hese t2ems � ;` <'-, .
<br />�= .� are e�lled°Escrav�Items°and the sums p�td to Lender are called°�scrow Funds.° 8�������� _ _` . .' � ;
<br /> Lender may,at any Ume,cdtect and hoid amourrts for Escrow le�rr►s Ir+an aggregat - .-. -.-
<br /> ma�dmum amouM thad may be r eq u l r e d t c r B w r o ti v e r s e s c r a w a c c n u s�'t u�der the Rea3 EstaYe Settlement Proc�ures
<br /> Ad of 1974.12 U.S.C.$F601 ei seq.and tmpleme�ing regulattons.24 CFR Part 3500.as they may be amanded from � �,� ,�
<br /> ttme to tlms('AESPA',except that the cushfon ar resesve perm f t t e d by R E S P A t o r u n a r R i d p a t e d d i s b u r s e m e rt t s cr _ �
<br /> � disl�w5emertts i�eiare the Borrav�s�oaymerds are avail�ble tn the aa:ouni may n a t b e has a t l o n a m o u r�t s d u s f o r t t i a � . `--�_*���' . a
<br /> martgaga inaurance premtum. _ � --
<br /> If the amouens held by L�er for Escrow lterns�cceed the amourrts pertnitted to be held by RESPA,Lertder shall � �--
<br /> dea!with the excess tunds as�qttired by RE�i'� (f tha amourtts of funds held by Lender at any time are not suiitciertt �: �.,�'�;'� '1L°=- '�'�
<br /> topay the Escravs►ltems whan du�.L�r�der m�►r,c.�y the�arrower and re9ulre Borrower to make�p the shortage or . ��''�� `�
<br />- deftcfency es permftted try RE8P0. ;��� : ' -
<br /> TPte Escrow Funds are ple�gc�d as add�tair°��;s..�auity�afl sums setxtred hy th[s Securfry Instrument. If�wrower . ..--�_�.� '
<br /> tenders to Lender the full y ��t dr atl s�s,r��.�arra��cc�s sccourrt shall be cred�ed with tho balarECe�emainfng �,` , ;.=--� .�. _
<br /> �� for atl I n s t a l lment�ems(a�(b j a n d(c)a n d a�rn e rt g a 3 Q i s�s u r a n c e p r e m i u m i n s t a J i m e n t t h a t Lertder has nat bac:ome : �-.�,��,.-;-_
<br /> ::;: oWf�ted to pay to th�Secretary.zrad Lender shall promptSy refund arry excass funds to Bo�ouwar. le+�mediateiy Pdor to >- ,,'i-
<br /> a toredosure saie of the Property�v�s ac quts�ton by Le�c-s,Borrower's accourt shall be cxed��atry batance :•'.�;;':
<br /> remaining for all tnstallments ier�(a).(t�).and(c)• � ����,.�,. .
<br /> 3.Appap�tian ot Rayrrtenta. G�i RaYmentss under Par��hs 1 and 2 shall be a�9cr�by Lender as fala�nc� ';�,yl �.� ��.�
<br /> � FlRSY.to the mertgage irtsurance premium to be patd bY Lender to the Secre�s��r to the mar�thly chasga Qesj 4fr� --...;_,-. °..�.-
<br />� Secrotary t���e mornhiy mortgage insurance premium- W�-"���"��� � '
<br /> ' E D to�.�y E�ces,speciai assessrrt�s.leasehotd paymerits or ground rerns,and flre,flood and other E� • �"-
<br /> insttrarcca p�miu�ns,as required• •.�� P'-"�''
<br /> . ,�.,..,.. � � . :
<br /> _ - D�]E�,W Irsisrest dus under the�lote:
<br /> FQUAZH,to a�no�Zation ot the princ(pal df 3he Note: y""�"`�� � t :��`�
<br /> M �.:� , ..
<br /> - FI�I;to�a�arges due under the Na�. ����j�__;:.-_
<br /> � 4.Fire,Flaa�9 trr�l0titer t¢s�trd Instu��aa. Bor�ower shall insute afl tmpravements on the�aperty.wnomer -- • t: �,
<br /> now In extstana�or s�sequemiy erected.agatnsY anY hazards,casualtles�and corRingencles.inc��ding flre�far whtch F.�;�,�; -°'�
<br /> Le�tde�reqt�tES bss�r,..rtce.This(atisusance s h a f f b e m a i r�t�e d I n t h e a m o u M s a n d f or the p erlods that Lender r e yulres. . :���� �
<br /> .'�:.., Borrowar shaii�:so�°:s�aD U�'a+�ements on ths PropeRy.whether naw(n existence ur subsequer+tiy erected. ; . ;(,; _ �:-.
<br /> against loss by 4a�d�to't�e extctrt required by the Secretary.A!1 insurance s h a f i b e���d w i t h compan i a s a p p r o v e d +
<br /> by Lender.The insurance pollcles and any��waia shall be held by Lender and sha11�s�tude loss payablo dauses In _ •_ :.��� `�1.:.
<br /> _'aa..�,. ,' y .�� �
<br /> favor of,and In a farm acceptable 40,Lendsr. '?. � �� ' �
<br />. In the overtt of loss,Bomcwer shall ghre U,�der immediate nottce by ma0.Lrender may make�of loss if not :� ����� ���.';;
<br /> � made promptly by Borrower.Esch insuranc0 camparry ccncemed ts hereby autharfzed and dfrected to ma3ce paymer�i .� ���-
<br /> for such toss dirsctly to Lender.Instead of to Borrower and to Lender toimiy.AII ar any►part af thg in�urence procaeds � ;. ` ,�_
<br /> may be appiled by Lender.at fts optlon.efther(a)to the reducttan ot tf�e[ndebtedness ueider t�e�Sote and thts Security _ ,�;_._:=��_
<br /> Insirument,ftr�t to any delt ertt amowds eppited in the order in Paragraph 3�and then to prepayrt�t of(xlnctpal.or �-��..
<br /> (b}to the restoratton or rep�a�r of the damag�S properry.Arry apptication of the proceeds to the pr(nCip81 Sfi�Btl n02 �: �� i.=-•
<br /> � � e�G e n d o r p o s t�w n e t h e d u e d a i e of the�om��p a y m ents whlch are ref�nod to in Paragraph 2.or change the amount � ,�
<br /> � of such paymeMS,qny excess(nsurance proceeds over an amount required to pay a1�o u t s t a n d ing i n de b t e dnes.a u n der � �,.�_
<br /> ms cuote ana th�se«,rfty►c�s�ars�ceM snall be�afa to me e�icy regat�y eMruea thereco. �-,�'=- _-
<br /> {�af �,�;����#�
<br /> .,,.`, lo the event of fo�ec(as�rre akt�is Securityy Insirument w other transfer d ti�e to the Property that eoNr�gui�hes the ,,^ y T,-•.
<br /> tndebUedness,atl dght,titla and interest d Ec�*sa�wer Tn and to insurance policies In torce sfial!pass to the r. ����--��,�''±".
<br /> ■�_ �-=,s.•
<br /> � '' �.Occ��nc�a lraes�vdlon�Malmtan��s�nd Protectlon of ths Prepsriy;BoROwer's losn ia�tion: - -:--,m;,,�::,
<br /> • �r..
<br /> L�ase�akl�. Bort�+r�ar shall occupy.esta�slL�[s„�nd use the PropeRy as Barrower's princ(Qai resL�x;co wfthin ye -,�
<br /> � a[t�r L�execution of this Security Inswm�t cut shali cartinue to occupy the Proparty aa Borra�'s princfpal .-*w-��'�::
<br /> resld�o for at teast one year after the date a!acculoartcir.uniess the Se�cretarY determtnes thts�-��rement�a�use • --.
<br /> � undue hards�tp for Barrowor.or untess e�enuattng c{rcuma�ances e�dat wf�ich ar�f�nd eor�e�°s co�a��rawa� "�"�"}"".`=
<br /> �_._
<br />� Ehaf!notf(y L.enders of arry extenuattng c trarnt.,�'ances.Q c�c�n rer s h a t l n o t c o m 7 n f�w�,.�a o r d e�',� 'c.a�a g a o� ,.�--,---.,_ _,:
<br /> � subsiantialiy change the Property or eltew trnm PrapeR�l t�aleterlorate.reasonabte we�and tear m�pted.Lender may •. r,.T,
<br /> ' . Inspect the Property i}the Property is va�tir abandQerr�or the toan Is In defatdt Er:nderma�f tricr�resso���n ..- . _ ,<�;��
<br /> to protect and preseave such vr��or aba,�cned Pro��,r.Borrower s h a 1 1 a tso�a fre��u i 4 U�o t r o u u o r. � ',y�"�
<br /> ;«;;.;�:��;,�t:s::°.
<br /> ' loan spplk�tion process,gave e�:ariatty talsa or tnaccuraie tntortnatlon or stateme�tr9 Lender(or 1aAed ta��v1de . ...r►°,~.:. , -
<br /> . LeMter with any materiat tntort�n)tn canrtectlon wSth the loan e�vldenced by the I�at�.(nclsiding.put not 11mit�d to. �'�'_�_"�_��',�':
<br /> h ���' 9- ;
<br /> � . represer�tatlons conceming Borte�wer's o�xu�ancy af the Ftoperty as a princi p a l residence.tf th�s Security InsUUmenY(s ,,� ���t
<br />�- ' on a leasehdd.�oPrawet shall compty wlth Yhe Islons of the lease.f�Borrower ecqutres tee�Qo to the Property,the `�
<br /> � leasehatd and tee tttle shall not he merged unle�Lender agrees to the�erger In wrfting. .�-'�'-�.�'r_ � �.?�t���r:.�.
<br /> •.r�.., . , �-
<br /> a.Ch�rges to Borrower and Pro4ection of Lende�s Rf�hts in the Property. BoROwer s�u14�ray all gauc�:merttal .�.,..,� . : -
<br />- or municipat charges,flnes and Impostzlona 4hat�re nat tnduded tn Paragrapl�2.Borrawer shal!pay these a�sit�ion� .;:;�;,�,:,. � ,�'�.
<br /> on time directly to the entny whlch la owed thepayment.It ta�ure to�y ti�vu1�adversety affeci Lender's Irt��t::n tho '_ "'�`�'��:'�`""' •.
<br /> Properry.upon Lendet's request Borrower shaU promp t l y f u m i s h to O.r e�e t t e c e(p t s e v k i e n�R g 3 t�.�s e pa y m e r n a _ ..._. _ - .:_
<br /> . (f B o R O w e r f a Y s t o m a k e t h e s e p a y m e��t e o r t h e p a y ments r e quired�y Para g r a ph 2,arfaA9 to patform�rry other .. �,,,,,,;10��
<br /> cavenarrts and agreemeMa contained tn thts Secur►�y Insbument,or there is a le�,�t p:oceeding Yrtat may si g n ff it�niiy ��;�.,;:,.;� ;.�
<br /> � a ft e c t L e n d e P a d g M s i n t h e P ro p e R y(s u c h a s a p r o c e e d i n g t n b a n k�u p tc y,for cccx��mnatlon or to enforce laws ot :`�T.,����:�,.�.._-.:
<br /> reg�dattons),then Lender may do a n d paywhatever Is necessary to pratect the v�a'�a of tha Property and L�ndar's '•'��'••-•� „ . _ �
<br /> ..,..�
<br /> �ights tn the Property,Incfuding paymeni of taxes.hazard tnsurartce and osher Items meritioned tn Paragraph 2. "'�':°...:��� -
<br /> My amouMe disbursed by Lertder under thls Paragraph shall beccirte an additlona!de4Yt of Bor�awar and be �
<br /> . secured by this Security InsWme►�4.These amounts shall bear tnterost fi�em tha date af disbursemerti,at the Note rate, � . •
<br /> • and at theoption ot Lender,stiall be trnmedtaiely due andpayable. . �
<br /> � . 7,Cor�de�n�A,. proceeds of eny award or ciaim for d�mages,dirsct or consequsritlal,in conne�tian wRh ,. _ : _ ___
<br /> t a1,
<br /> .. atry cor�demnatlon or oUie�tng ot any paR of the Froperty,or for comrayance in place of condemnatlon,are herepy �� . : � � � ��
<br /> � . a s si gned and shall be p aid to Lender to the extern of the futl amourit of the trsdeMedness that remalns unpatd under the . _-
<br /> Note and this Securiry InsUumaM.Lender shallapply such proceada to the r e c iu c t ion o t t he i n ds b i e dness u n o fer t he • -a
<br /> Nate and thts Secur�y insmiment,flrst to any delinqueM amaunts applied In tha oNer providetf in Paragraph 3,and , r'
<br /> then to prepaymerR of principal.Any appllcaUon o!the ptoceeds to the principal shall noi extend or postpone the due • • . . � ��
<br />'------ --=--��.----_-,-_-,_�_
<br /> , - FNA NEBRAS�(A OEH41 AF 7RUST S��' �. � , � .'
<br /> ' 7 {�SC/FMDTNE//0691/(S9�•L PA6E 2 OF 4 . �
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