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<br /> ° UNIFORM COVENANTS-Borrowet and Lender coverant and agree�h�°du`the rinci al and intuest indebtcdness evidcnccd by . � -
<br /> 1. P�ylrieat of Pri�C€p81�d I�t¢fe�f.E3o1IOwCT shttll p7olsJPUY P Y p P r ' �, ��
<br /> � the Note nnd late charges ns pmvided in the Notc. , •. , �.
<br /> 2. Funda far Tm:es and lnsunece.Subject to applicable law or a«rtten waivcr by Lender,Borrower shali pay to Lender on the r ��
<br /> I day monthiy paymmes of princ�pal and intsrest are psyahle ueder the Note,until[he rote is paid in fulL a sum(hcrcin°Funds"1 equal to onc- � ,., __
<br /> ` ',i rivelfth of th:yeatly taxcs und asscssmeats(including r.ondominium nnd planned unit dsvelopmcn�iu�r►stsitlments for Rarrrdmnsumnce.n � ^' '' �
<br /> f ftOf1t over this Deed of Trust,und ground rents on thc Prupe�ty.iP anY•Plus o�se-nr•;.Ifth of ya+rly p t 3 � , f
<br /> . P Y , '' °
<br />. plus ono-nveltih of yearly prerttium installmcnts for mortgagc insurance.�f nnY•al��s�easonably estimated irtitiall7r nnd from time tu tscne by . ,f. .�
<br /> ' Lcudcr on the 6a�is of�issessmcnu nnd bills nnd reasan�l��timates thcnrof.Bortu�ver shall not be obligated tcs make such paymenu of Funds
<br /> . ro Lender t�the extent that tiorrower makes such paymencs to the holder of a prior mortgage or deed of trust if�uch boldcr is an i�utitutianal .
<br /> - icnder. __�; �_- -_•�
<br /> If Borrower pays Fands to l.ender,ths Funds shall be held in on institution the deposits ar accounts oi which aze insured or guaranteed , ,
<br /> �� by n Fcderal or state agency(�nctuding Lendec if Lender is such an institution).Lender shall appiy the Funds to pay said taxes.asses�►►enu. ` , f r`�,'�:
<br />�,'. �(` _ '
<br /> insurance premiums and ground renu.l.ender may not cdarge for so holding and t►pplying the Funds.analyung said account or veritying and ...;.i:rj:;
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<br />.� eompiling said asses9nents and bills,u�►less Leader pays Borrower interest on the Funds ond applicabls law permits Lendet to malce such a • +__�__
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<br /> chsrga Bortowu and Lender may ugee���ting at the Ume of cxecution of this Dced of Trust that intetat on the Funds shal�be paid to .
<br /> Borcower.and tmtess such aBreement is mude or applicable iaw requias suc6 interest to bc paid,Lender shall not be requiced ta puy Borrower __ �`t
<br /> any inteiest ot eamings on the Funds.Lender shall give to Borrower,without churge,an eanaal accounting of the Funds showing credits a�d , ..-`i�
<br /> debits to the Funds nnd the purpose for which each debit to the Funds was made.The Funds nre pledged as additional security for the sums _ � �,
<br /> securcd by this Dced of T►ust. le nor w the due dates of ,�_ ;�-�'
<br /> If the amount of the Funds held by Lender.together with the future monthly installmenis of Fuads payab p' 1' .-
<br /> . taxes,asses�nmts.insutance premiums and ground reats,shall acced the amount required m pay said taxes.azs�.vnents.in..°urancc premiums ,�:�.
<br /> . and gronnd rents as they fa11 dae,such excess shall b�,at Borrowets option.either promptIy repaid w Borrower or credited to Borrower on ; � ;�^A-�1.. -.
<br /> monthly instaltmeuu of Funds.If the aznount of the Funds held by l.ender shell not be s+�flicient to pay taxe�asse���.���P�� ��z' --s�m_m�*_-.~�'_
<br /> _e � aad ground cents as they fall due.Borrower shail pay to Lender any amount aeassary to mske np the deQaettcy in ane or more paya►eats as e `••. ... <,
<br /> I.eader may req►um. .. :
<br /> Upon payment in full of ell sua�v sec�d by this Qeec1 of Tmst,I.eader shail promptly reflu►d to Aotmwer any Fuads held by I.ender- I . '.�:._--:
<br /> � If under para�aph 17 hereof the Property is sold or the Prope�ty is otherwise acquiced by Lenc4zr.Lcnder shatl apply.no later thaz�immedtatety a.:
<br /> 9' .4:t�-_
<br /> prior to the sala of the Property or its acquisition by Lender.any Funds held by Leader at the time of application as a credit aSainst the surt�s ��-�' `
<br /> secured by t�is Dce�of Tw^t. ���ved b Lender under the Note and t-�
<br /> 3. Appllcatton oi Paymaats.Unless applicabte law provid�s otherwise, a11 PaYm y :.- ,
<br /> fvs 1 and Z hereof shali be applied by Lender fim in payment of amounts paYable ta Lender by Barrower under paragiaph 2 heceo�t�m _ �� ..,''F---.;
<br /> r`� �,.�.
<br /> ;. eo inteRSt payable on the Note,and then to the principal of the Note.
<br /> ' � . 4. Prior Mortg�ges and DeeOs otTras�C6arges;Lleus.Boaow�shall pe�form all of Botrowe�s obligations under any mort�eae, ��'=
<br /> deed of trust or other sectuity aP�ezment with a lien which has priority over this Deed of TnuK, inctuding Hortowds covenants co a�4e T,, ' , • �:
<br /> :�,3.:
<br /> : • pay:uents when due.�oaower shall pay or cause to�,paid a11 taxes.ass��tg and othe,r charg�6�s and impositions uttn'buta4te to r.ts ��,�.�.�,��''
<br /> property which may attain a pnority over dus Ueed of Tnist,and leasedold pawmcnts ot groanA tents. et►F- '��:;�'
<br /> 5. Ha�rd Insuraaca Borrower shall keep the impmvements now rxis[ing on c�Teafter erectee on the Property insuced a��:^ }oss •., . . �" ti
<br /> � � uire and ia such emounts and for so� +;�"�:'-,•
<br /> • by fire,ha�ards included within the term extectded coveraga'.and such other hamrds as I.e�nder may req ,. •�:.�';�',1�'`
<br /> .� periods as Lender may require. ;� .•: z'""�" i 1
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<br /> 'ft�e ins�uance carrier providIng the insurance shail be chosen by Born►wer subject tn approval by Lender,pcovide$t�t suGh aPProval � 5 . •..:
<br /> �. s h a l i not be unreasoaabl y withhetd All insurance po licies an d ren e w a l s t h e r e o f s h a l l b e i n a f o r m a c c e p t e b l e w I.e nder and shal!:ar.Cnde a .;i f:
<br /> � sianQard mortgege clause in favor of and in a form accep t a b la to L e n der.I.e n de r s b a 1 1 h a v e t h e ri g h t t o h o l d t h e p o l i c i e s a n d r e n e w a's�ereo�
<br /> , sub ject to the tenns of any mortgage,deed of wst or other secudry agmxment with a lien which has priority over this Deed of Tmst.
<br /> -, In tLe event of toss,Borrower shall give prompt no t ice to t he i n s u r a n c e c a rt i e r a n d L e n d e c I.e n d e r m a y make proof of loss if not made -
<br /> promptty isg Soirawer. ' - �`
<br /> � �,:���' )t the pmperty is a°oazanned by Borrower,or if Boaower fails to respond to Lender withia 30 days from the date notice is m�`ia3 by ,;.,�r,��
<br /> :,,�,i•���� ;'•;�•:. •:•,:;.-.
<br /> �r�3;a; �nder to Borrower that e��rbrusr.�ce�c,rsier offers to settle a cleim far insusana'�en�ts,Lender is s..-�thorized to colteet sud a�ly Qhe - '��,L,.re
<br /> . insutance procceds at[.md��'��:�s�:r eni�sr r�aestoiatIon or ropair of the Property or w tho sams secured��c.is Deed of Tnut �r»x-�,�,n:s,�sv'�-
<br /> :, 6, presenraYinrc,sud!^.�:n[xflIIace of Property:d.easehaid�Coudominiums:�1Anaed Unit Developments.Borrower shatl keep �"'i�.,�_, � ���s�{:ti�s,_
<br /> y �„"',-• !x
<br /> � � - the Property in good repair end shull not commit wasrr: ar pamft impairment or ddedyration of the Property m�d sdall comply with the - ---
<br /> WAS '—�
<br /> � provisions c9.s,�y tease if this Deed of Trust is on a teasch.olii.Itthis B�ed of Tsust is on e�.°.'sn a condoaunium or a plar.?�3�it deveiopment, • -
<br /> . g�ren:��ivd1,perform all of Boaowefs obligattons undxr the deciatatian or covenants cresting or goveming the condom-:uium or planned unit �+u .
<br /> decdupmrsstl�e by-Iaws and ngutations of the condomi�um or planned unit developmeat,and constituent documents. -
<br /> � 'f: �rotectiaa of Lender'e Secarity.If BorroR�r fails to perform the covenants end agreemrnts rnntatned in this Deed of Tr�w,or if ' . • " �r
<br /> auy uaiva or proceeding is wmmenced wfiich materiuliy ah'facts Lendee's intere3t in the Praperty,then Lender,at Lende�'s opHon,upon�•�te to �.�--�...�.:�-;a:::.;.�
<br /> � l�wrcwer..rsuy make such appearancesr.dis6urse such sums,includ'wg ceasonable attomeys'fee.q,end take such accion as is necessary to protect �_.�,�_��.__
<br /> �f, _�., Lendrfs imi�rst.If Lender required mortgage insuranco av e condition of makin�the{oan secured by this Aeed of Tn�st,Borrower shzlb pay the -�:.
<br /> ••,i; ptemiuns��aar',�red to mstintetn such insutunce in effect until such time as the cequirement far auch i�.�snce terminates in accord�ae wit6 ; _
<br /> • BorrowePs;���lxndefs wdtten ageement or applicable law. s�k'�=.;`-�:
<br /> Any amovnts disbursed by Lender pursutmt to this parsgraph T,with interest thcrcon. at the Tlote rate.shn0 become a�:^�mal �;L�:—
<br /> ' indebte3ness of Boaower secured by this Deed of Trust.Ua�less Bocmwer and Lendez agee to other terms of paymen�such emnunu shail be __
<br /> �s�abte u�en notice from Lender to Bonower requesHng payment thereof.�icthing cac.:ir.r°-d in lhis psua8raph 7 shall reqnire Lender to incur
<br /> t •.
<br /> ,my ex��e�7 take any action hereunder. T`;
<br /> i3. Iaepectioa.Lender may meke or cause to be made reasar..able cntries upon and inspections of the Pcoperty,ptovided t}tAt]�smder .:_+'0�"
<br /> ' � siiall glve Boaower nodce prlor to any such inspution specifj�ing reosona7>1e cause therefor retated to Lenders interest in the Property. � _
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<br /> 9. Condemnation.'Ihe proceeds of uny awatd or claim for damages,direct orconsequential.in connection v'3 nny eondemnation or s . '"'�y},� �
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<br /> . � • other taking of the Properry.or part them.of,or for conveyunce in lieu of condemnaQan.are hercAY assiP>"ed and shall be tud to Lender,subject ,,,�.3, .
<br /> to the teims of any mortguge,deed of Wst or other security ssgleement with a lien which has prioriry over this Deed of Trusc. ^ �
<br /> � � f0. Borsower Nat Reteesed: Forbarence By Leader Not a Waiver. Extension of the time for payment or modification of :__ _:�...,,.,_ .
<br /> � • amortization of the sums secured by this Deed otTrust granted by Lender to any successor in inierest of Bortower shall not operate to release,in ::•,�;i:�;:
<br /> any manner,the liabiiity of the original Borrower and Botrowefs successors in �.f��.�...
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<br /> � ��"�� NEBAlASKA-SECOND MORTGAGE-1/80 FNR�CAlFHLMC UNIFOR;�'�I�STFtUMEN raoc 2 of 4 Form 3828 � "
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