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<br /> . , k . IJNiFORM COVENAIV'i'S.Borrov.•er and Lendcr co�enant and agrcc as follows: gs� ����� , � . . , , . -
<br /> , � l. Pe�r.nt of PrEncipal aud IaYeress.Hortower sha11 prompUy pay�vhcn due ihe principal and ibterest indebt�dnec4 cv�denced by - ' -
<br /> . tho Nott and late ch.rges as provided in the Note. . .,.` °t
<br /> �"4 2. FaQZts far 4asea and Iosurcnce.Snbject to appliu�bte lativ or s�vciutn�vaiver by Lender,Barto��er shall pay ro Lender on the s �. � ,
<br /> • day monthly pay�ents of prinsipal arcd interest ure payable undcr the Note. until the Note is paid in futf,u sutn Iherein"Funds")equai to ono- _ ' ., . �
<br /> � tvreltth of the yeariy ta+ces and�sessmeau(inc[uding condominium und plaor.�d unit devetapmcal a;scss�nenes. if bny), which may attain . � ���� . _
<br /> � priarity over this Qecd of Tnist.and gmund rents on the Ptoperty.if any,ptus onr-ttiretfth ot yearly premium installmatu for ha�sud inswance. � , •
<br /> ° plus one-tuclfth of yearly premium installments for mortgagc insurance,if any,all aa re�sonably estim�ted inilialiv and from time ro time by . • �
<br /> � Lcnder on the basis of assessments and bills and reaaoiv�ble estimates thcrcaf.Qorrower shatl not be obligatcd to make svch paymenu of Funds •
<br /> to I.ender ro the extait that Bonow��r makes such paymenu m the holder of a prior mortgage or deed of trust if such holder is�a institutionai • �°�• ' �
<br /> � � Icndes. �
<br /> �` ; " ... :
<br />_--� ff Bom�wcr p:�ys Funds to l,e7dcr,tl:e Punds shalt tre hcid'us an institutioa the deposits or accouats of which are insl�red ot guaranteed -----__.__ -_
<br /> by a Faierul or stnte agency(including Leader if l.ender is such an institutioN. Lender sh211 a�piy the Funds w pay said taxes,acsessments. }:�
<br /> � �R����ce premiums anG gound renu.Ler.der may not chuge for so holding and apptying the Funds, malyting said accouat or verifying and �`i: � _
<br /> .� � rnmpiling said�sses.nnenu and bills,urtlsss 4ender pays Bormwer interest on the Fun3s and applicablc law pertniu Lcnder to make such a
<br /> charge.Borrox�er and Lenda may agnc in wriring at the time of�cecotion of U�is Deed of'frust that interest on the Funds shall be paid to ,:�. _ .,
<br />. � Borrower,and unless such agr�n�st is m2dx or agplitable!aw requires such intesest to b�p�id,Lxndashall not be required W pay Bo�tower . �:;���t°-
<br /> � aay interest or ramings on the Funds.Lend,.shJl give to Borro��.s.«•ithaut charga an annutil acco:�nang of the Funds showin�credits and •�'�.•"�'-;� '
<br /> �' '4 debits to the Funds and the pwpose far�vhich each debit to the Funds was mxds.Ihe Funds are piedged as additional security for the sums .�-�. e"Y � �
<br /> �.;r,i��;� - . -
<br /> .. searred by this Deed of Treut. �.'.:t"`�-=`
<br /> • if the amount of the Funds held by Lender,together�vith the futum montNy installmenu of Funds a abie rior to the due dates of "`a' �
<br /> P Y P ��._;,:.. �,yr:,:
<br /> ���
<br /> taxes,assessmenis.iaswanse premiums and ground renu,shall exceed the amount requimd w pay said mxes.ass�:ents.insurance premiums :� •;"���, ,sn.�. ;.��y.
<br /> -FI n+�.r++,.: .
<br /> �':' artd ground rents as they fall due,such excess shall be,at Borrowes's optioa either promptfy repaid to Borrower a�credited to Borrower on •��:;:y:; ., .. . �.
<br /> , monthty ir�stallraentv of Funds.[f tha amount of We Funds held by Lender shall not 6e sufTicieut to pay ta�ces,a._���ts,insus�ce Prem�ums ..'��Z�,��`�•°����^
<br /> �i; and ground rents as c4�ey fall due,Bnrrower shall pay ta I.ender any amount nece�CUy to make up the deficieac?��i�c-�or mare paymeuts as �.���f n
<br /> LeuQeT may requite. � � .
<br /> U n �ment in full of all sums seared h tfiis Decd nf Tn�n.Lcnder SftaU rnm t refund m Borror.�zny Funds held by Lender_ •. - ""�ef�`_
<br /> T F� �: Y P P t3' _ . t.�_�. ,.e_- jt_-
<br /> If�er paragaph 17 hereof the Property is sold or the Property is othenvise acquired by Lender,L�rr shaQ apply,na Is:er t6an imm�diately <<••: ,
<br /> �?f� �, . --��^
<br /> priirr w the sale of the Property or es acquisiao�n by Lender,any Funds held by Lendcr at the timo of applipxion a4 a credit a�*st the s�uns • � � ,ti�Q.. ; `'
<br /> . sea�d by this�eed nf Tnut • —
<br /> , 3. A�g�tatlon os L•b�m�nts. Ualess applicable law provides otherwise. all payments received by ��det under the Note and , : `,;f;;„:.
<br /> patagraphs 1 and 2 hereof shall bc opplied by Lender fcrst in payment of amounts payable to Lertder by Horrowe-�"nas paragraph 2 hereo�then •z�. �:�t.�.'-
<br /> to urt�s4 payabie on the Note,and then to the prinsipal of the Note.
<br /> ��a
<br /> � 4. Prtor Mortguges xad Deids of Tras�Charges:Lieo�.Borro�ver shall perform ali of Ba�mwei's ce:`r.s5�ns��aen mortgage, ���+i� ,,_ . :� ., _;
<br /> d�csf trust or otha sceurity agrcement with a Gen which has priority oser this Reed of Tn�st, inctuding Eac:�ti•efs�r Enm�to make ;•�'�r` ,. .. .�,y: ..
<br /> pa}armu when due.Borrowes sha�J pay or cause to be paid all taxes.assessments aed other charges,fines an�i;,�.si�otss�.t+ibac�nle to t�e �,;�;> ,'�_
<br /> " Pnrparf whics rJyy attain a priority over this Dced of Trust,anal leasehold paymenu or ground rents,if any. .�; � ,' � .�:;•.
<br /> � 5. H�rt lnsnranca Bortower shall keep the improvements notv pcisting or haeaRer erected on�t.�raperty insus��;ainst lo�: �,�aa; '!.
<br /> I��� � Isy�a�'�a�uds sncluda_'withm�.`ra i�m"extended coverage".and surh ot�her hazards a�Lender may require aad in such aznouQ�:�s�fa such . • ,..'�>::
<br />_;;:%:. Fcro�Ss as Ler.dzc:nsy�.;uire. . �.���"a�"
<br /> c '' ',•
<br /> _:.'';;,: The ins,.�cix carrier prav[ding the insurance sha11 be chos�by Bartower subjectto ap�-al by Lender;provided,that such appm��sl �"��.�;,:�..,, r :; .
<br /> ' F.�. :< :t�
<br /> :: s 6 a�1 n o t 6 e u n r�;u�a b�•w i t h h e l d A l l'm s v r a n e e policics und renewals thaeof shall be in a forta acceptabte to Leader und shall inclu3e n !y';'�
<br />�,:,j;l y,' standard mongag�:c�use in favor of and ia a form acceptabte to Lendec[.eader shall have the right w hotd the policies and renewats thereo� � � ;
<br /> �;:,.�';� subject tn the terms of any mortgag�dCed of trust or other security ageement�ri1h a lien w6ich has priority over lhis Ueed oFTn�st. '�' '+!f'%;,�`
<br /> ` In the event of loss,Borrower shall give prompt notice to the insurance camer and Lender.Lender may make praof of toss if not made � '�
<br /> : �-.:
<br /> promptty by Borro�ver. '
<br /> If ffie Property is abandoned by Borrower,or if Borrower feils ta rapond to Lendu�vithin 30 days from the date nodce is mailed hy ,}, ��
<br /> �`.; Lender to Bomnwer thai the insurance carrier offers to seitle a elaim for insurana benefits, Lender is authorized to collect and apply the _:-.-:i,�_���.;_-..
<br /> insviance proceeds at Lendds option eith�to restaration or repair of the Property or to the sums secured by this Deed of Trust. �����,�£.
<br /> _ . _ G. Prescrvsitioa and MaintenIInce of Prop�riy:l.easeholds;Coedomtniams;PI=nned Unit Developmenb.Borrower sha[I keep �-:
<br /> � - the Property in good repair ae:r�all not wmmit waste or pq�na impaitment or deteriara�.�.of the Property and shall wmply with the ��#*"�.*.: ••-
<br /> �n
<br /> � ptr;•�ri:ji�ns ofuay lease if thls Lla�aw��f T�ust is on a leasehold if th:r 'C�d ofTrusc is on a unit ir,^:t w;,ndominium or a planned unit devetopment, f �`:
<br /> L�u^�mer shall p:rfiarm ell of Hmrowefs obllgatlans under the dec;�aon or coven3nts crptir.�,3 ar.�ovaning the condominium or planned unit `�� .,��
<br /> :;�;�` davelapment,ths':sl�aws and regulations of the condomin9um or planned unadevelopment,and wnstituent dacuments. y'"�'=�
<br /> �`f 7. Protectloa of Lender'a Secadty.lf Borrower fails to perfonn t�c co�enants and ageements cont,ir.��in thfis Deed of'frust,or it � .+e,�i; :
<br /> .a�
<br /> . a:y aaron or proceeding is commenced which materialty aft'ecPS Lenders interut in the Property,then Lender,u:Tlende�s op�ion,upon nodee to
<br /> �.r�nwer.may make such appe�aaces,disburse such sums,including reasonable attomey�fees,and take such action a9 is necessary to protect ��'�'�,
<br /> ' �.�uuJa's lnterest If Lender requirerl mortgage insurnnce av a conZ�on of making the loan sewred by this Qced of Trust,Borrower shall pay the
<br /> "' pt:miums required to maintnin such insurance in etfect until su�.time as tfie requirement for such iasurence tertninutes in accordance wetb - •... T
<br /> °��� Saaowefs and Lendefs written agreement or ayplirubl:law. �"
<br /> , • My amounts disbursed by Lender pirsuanl w this paragmph 9,with intc�est thereon, at t�e Note rate, shall become addidonal F _,*���'�.,. '
<br /> i.-�5�tedness oF Bortower secured by this Deed of Trust Unless Goaowcr and l.ender agree to other terms of Qaymenl,sncb amouats s h a l l b t ��::::"�` �°��`
<br /> � ps�able upon notice froro Lender to Borrower requesting pay:nc�:r,edereof.Nothiag wntained in this paragreph 7 shall require Lender to incut • �
<br /> � any expense or take any acGon hereuslder. `'
<br /> ti 8. C�a;�doa.Lender may make or cause ta be made reasonabl=cnuics upon and inspectiore of the Property,provided that Lender •
<br /> shall give Bas�����as r.,ot2ee prior to any suc6 inspectio�specifying reasonabfe cac:c t�srefor rolated to Ltnder's ir.ten�ct in the Property. �f'
<br /> "' ,��1' 9. Q'i:mctmryaatioa.The proceeds of any awurd or elaim for dcmages.S-*��or coniequ.ntiat,in conmx:�:��with any condemnation or ,%�
<br /> �t_7 G:�fiHt NaC.T.7,.,CP::�x=�r�perty,or pzA the�eof,or for conveyance in lieu of condcmnanon,aro haa by assign e d an d s:•rr�.l be pai d to Len der.su bj e c t �-' � � � -�`�P�'�---
<br /> t{:..;,.^it::; .
<br /> �'� :a+f:�c 0�^ro cf:..•:;,�ortgage,du:d of truvi or oth¢r sccurity agcement tivith a lien which has grio rin�avcr thls Aeed of Trust �}r+rd�,�� �
<br /> ,„, .; �,.:� u.•
<br /> ",;� 10.�+-�-awer Not Refensedt ForUearancc By l.endcv Not a 1YAivCt ExtGZ<ir.��..j r,ne time for poymcnt or mo di f ica don o f • v t��, ,��1 .. _.
<br /> �::%;� amonizatica c;�w•�:s�rns secured by this Deed of Trust grnnted by Lender to any sucoessor in::�:r.rrst of Bmro�ver shall not ops�,.��e to release.in ,t,,.�: : , .
<br /> any manner.t".e liidnJ'�ty of ths original Borror�er and Borrower's successors in
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<br /> . "� N�B�0.5KA-SECOND MORTGAGE-1I80 FNIVIA/FIILMC lJ1�dIFORM 11�1STRUMEl�1 Page 2 of 4 Furm 3f328 -- - -� '.- � _ r
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