|
,. ,
<br /> t ' , . ..,.
<br /> �KE�: ' - • •-
<br /> .JNr�IJ., / ,. , /i�.�;. - .
<br /> � -•4T(1{:•(i. " i . - , ..tl}�[��p��p l' l .r .-
<br /> .. ti+�'.4�Ml1lr.. ., .. ' . , . •` „ _ __
<br /> _ • _ , . �.� . 'i:. 't' '_
<br />� . ' - �i�! - ' ' - .�i:����� �
<br /> .. � ' . ';14i{'��r.
<br /> !i � �y
<br /> . „ . . . � � . i _-�(��L'
<br /> I -. . .. - . .. . '
<br /> � , �� �'49��� LOAN NO. 1 s s s z i s 4 o e
<br /> . All Insurance pollcles and renewnle shell be accept�ble to Lender and shail Include a standard mortgage clause.
<br /> Lender ehall have the rlght to hdd the policles anti renewals.If Lender requlres,Borrower shall pramptly give to I.ender
<br /> sll rece(pts of pald premlums and renewal notices.In the event of loss,Bcarrower shall flIve prompt notice to the
<br /> Insurence carrl�r and Lender.Lender may►nake proot of losa H no3 made promptly by Borrower. .
<br /> '. Unieas Lender and Borrower atherwlae agree In wr(tlnp,Ineurance praceeds ahall tre ep�lled to restoratlon or repaIr
<br /> of the Proporly damaged,ff the restoratlon or repalr Is economlcally feasible and Lender's securlty Is not lessened.Ii the
<br /> � -��' restaratlon nr repalr is noi econcmlcally feasible or Lender's securfty woutd be lessened,the Inaurance proceeds shall
<br /> �� �"° be applled to the sums secured by thls Security Instrument,whother or not then due,wtth any excess pald to Borrower.
<br /> If Bortanner abandons the Property,or doea nat answer wlihin 30 days a notice from Lender that the Insurance carrior
<br /> ha�o(fored to sottio a clatm,then Lender may coflect the Insurance proceeds.Lender may use the procseds to repalr
<br /> , or restore tho Praperry or ta pay sums secured by thts Security Instrument,whether or not t;ien due,The 30�day perlod -
<br /> � wIA beAlnwhen the notice Is given. ��,.,;.•..•���."
<br /> ^ Unleas Lender and Borrower qtherwise agree In uuritir��,any eppllcatlon of proce�as to prtncipal shall nat extend or ����� {�-�
<br /> .�� postpone the duo date of the monthlyp�yments reterred to In pawag�phs 1 And 2 or change the amount of the '�<<�� '�:�`�-=°
<br /> payments. If under paragraph 21 the Property�s acqulrod by Londer,Borrower's right to sny Inawtance pollcies and ' �r=-'���.o-
<br /> „ �; � . proceeda rnsulting irom damage to the Property prior to the acqulsitinn shell pass to Lender to th�e extent of the sums �"��_,
<br /> secured by this Sec�rity Inatrument Immedlatcl rior to the ac ulsitlon. u�- -
<br /> � � E Y P q ��:•
<br /> e.Occupsnoy�Rresenntlon�M�intenencs and Pratsction of the Property;Borrnwer's Loan Appll�tlom, �' �??-:�___
<br /> y q ' Leaseholds. Borrawer shall occu �'������
<br /> py,estsblish,and use the Rroperty as�orrower's principal�esidence wfthln sbcty days ,:.;,,�•.
<br /> ' �fter the execution of thls Securlty I nstrument and shall continue to accupy the Property as Borrower's principal �-^`_�
<br /> ,ti . residence for at least one year after the date of ocr,upancy,unloss Lendor otherwlse agrees In wr3Ying,whlch conaent
<br /> „ � shall not be unreasonably wfthheld,or unl�ss extenuating clrcumstances exist which are beyond Borrower's control. _.�:_
<br />. �� . .� �orrower shall not destroy,demage or impair the Property,allow the Property to deteriorate,or commit waste on the
<br /> Property.Barrower shall be In default if any forteRure actlon ar praceeding,whether civ(I or crimlreal,Is begun that In —
<br /> Lender's good fafth judgment could result In tortelture af the Property or othervvise materially Impa�rthe ilen created by
<br /> thla Security Instrument or Lsnder'r�securfty Interost.Borrower may cura such a default and relnstate,as provlded In �
<br /> � paragraph 18,by causing the actlon or proceeding to be dlsmissed wfth a ruling that,in Lender's good falth —
<br /> , determinatlon,(arecludes forfefture of the Borrowe�'s(ntorast In the Property or other materlal Impairment of the Ilen
<br /> created 6y this Security Instrument or I.ender's security IntArACt.Anrr�war a�a11 J��nw��.�afa��r f}anrinwar,�i�i��nn thg
<br /> laan appllcation procesa,gave materlally false or Inaccurate tniormation or statemente to Lender(orfalled to provido
<br /> '++•.t, Lender wfth any materlal Informatlon)In connectlon wfth the loan evidenced hy the Nate,including,but not Ilmfted to,
<br /> r�,;�.;,. representations cor+ceming Borrowor's occup�ncy of the Property aa n principal resldence.If thls 3ec�rtty Inatrumant is
<br /> . on a leasehold, Borrower shall compiy wfth all the provlslons of tho lease. If�or�ower acquires tee tftle to the P�operty,
<br />_, . , the leasehoid and the fee tkle shall not merga unless Lender agree�to the merger In wriiing.
<br /> 7.P�olectlon oi Lentior's Rl�ht�in the Prop�rty. If Borrower falls tn perform the covenants and agreementa
<br /> . contalned In this 3ecurtty Instrument,or thera is s legal proceeding that may signfftcantly affect Londer's righto in 4he
<br /> � � � Perg�u ationsu then Lender m�a�ng��n�nkruptcy,probate,for condemnatlon or forfefture or to eniorce lawa or
<br /> ) y pay for whatever Is necessary to protec:t the value of the Property and Lender's
<br /> "'` � � ' ►ights In the Property.Lender's actlona may Include paytng any sums secured by a Ilen whlch has pdority over thls
<br /> _ � � 3ecurity Instrumeni,appea�ing In court,paying reasonable attomeys'feea and entering on tho Property to make
<br /> - ���% repalrs. Although Lender may take actlan under thl�par��ruph 7,Lender does nnt hsve to do so. -
<br /> �.�-�:�• �
<br /> :=s���••'���s` Any amuunts dlsbursed by Lander under this parugraph 7 shall become sdditlonal dobt of Barrower secured by
<br /> '�- �°_����'� thls Security InstNmeM.Untess Borrowor and Lender agreo to other terms of payment,these amounts shall bear
<br /> ��= �-'`°'=' Intere�t from zhe date of disburoemeM at the Note rate and shall be paynbte,with[nterest,upon notice from Lender to
<br /> -;:��:�._:_ .
<br /> -- -:-.•,� �3oROwerrequestin�payment. �`—
<br /> -�� v�`� 8.Mortg��0 Insunnce. If Lereder requlred murtgage Insurane�as a conditlon of making th� loan secured by this
<br /> .�'..;�;.�,M,.;.° Securfty Instrument,Borrower shatl pay the premlums requlred to malntafn the mortgage Insurance In eNect.If,for any — _
<br /> -_--: •�,�;: reasor+. the mort�age Insurence coverage required by Lender lapses or ceases to be In effect, Borrower shall pay the
<br /> ��',' ` pr�mlurns�equfred to obtaln coverage substaMlally equivalent to tlie mo►t
<br /> '�"''=�°-- gage tnsu�ance provlausly ln eifect,at a cost
<br /> ',T�_,,.- substantially oquhralent to the cost ta Borrower of the mortgage Insurance previously In e fftct,irorn an aftemate
<br /> ,;;_�..��'� , mo►tgage Insurer approved by L9ncler.If substantiaily equlvaleM mortgage insuranco cr,verage Is not avaUable,
<br /> � . . ;.,� Bor►ower ehail pay to lsnder each month a sum equal io one-twelfth of the yeady mortgage Iresurance premlum baing
<br /> .�.�r���.;�. pald by Borrower when the Insurance coveiage lapsed or ceased to be in effect.Lender wllt acce t,use and retain these
<br /> "��,`:�'•"�" menteas a losa reserve in Ileu of mort
<br /> , gw-•�� , paY gago insurance.Loss reserve paymenta niay no longer regulred,at the
<br /> _: �•• � optlon of lencior,H mortgage fnsuranco covorage(in the amount and fior the periods that Lsnder requirea)provlded by
<br /> . � ;' an insurer approvad by Lender agatn becornes avallshle and Is obtalned. Borrower shall pay tho premiums required to
<br /> malntaln mortgage Insuranoe In effec,K,or to provide a loss reserve,untll the tequirement for mortgage Insurance ends = —
<br /> � Ir��ccordance with any writton agreemet�t between Borrawer and Lender or appllcable law. -__--
<br /> , } 8. I�tpectian. Lendor or fts ageM may make reasonabie entries upon and inspactions ot the Property. Lender w•'-�•�T--2_
<br /> �;�;.r,,,, _---
<br /> ,:� shali glve Benmwrer notice at the time oi or prbr to an inspectlon specHying reasonable causo!o�the inspection. ''' " � --
<br /> ��� ,�'�,—_
<br /> ? ._�,:����_,"
<br /> ' r.,7 iyo.'.-
<br /> _ ,_^�1�Y��`.
<br /> .}.L7..�,_:,.
<br /> „ k NEBqASKA-SINC�LE FAMILY-FNMA/FHLMC UNIFORM INSTRUMENT FORM 3D2e 4/9D •�: �r
<br /> ,r"-'�� ISC/CMDTNE//0792/3028(�90)•L PACiE90�6 ` _r,•.;::�'-
<br /> _ —
<br /> -
<br /> ___ - _ �
<br /> —�-�,r=..
<br /> ------•--�-- —.__..------� � �
<br /> ...-- ------ ,.---�.: �.�-..............,_..._. �_--.,.
<br /> . • • y
<br /> .: �� 'Z - � . . - , .. . . .�`� .. � - _ . . ��
<br /> _ , , , r
<br /> :
<br /> ; i..
<br /> �_. . � _ . .._.. .
<br />
|