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<br />� intcrcst.Lcndcr shall not be requimd to commence proccediogs�gainst such successar or ccfuu to extcud timc for paymcat ar othcn�ise madif}� , ;,. �,
<br /> < nmortitanon of thc sums securcd by this viced o�f Tnut bi'�on of any demand made by tho origma!Borro�''��'B�hal notube�va u ' ` � �
<br /> . . intEn,st.Any forbearance by Lcndcr in cxercisin any riglu or rem�v3y hcr�undcr.or othcrn�sc alFordcd by cipp� • l � .
<br /> ; of or predude thc cxcresse of nny such right or mmedy nu heaein watained shall _ � _ �
<br /> 11. Suceeesoro ead R.esFg:rs P�,o�d:daiat oud Scve�i L:ablflty:��!s�"-re,The covenants and rr�seeme � . .,>ae.F .
<br /> bind. nnd the ri�hts hereunder shall inure to,the mspeetive succcssors and assi�u of Lcnder and Boao��er,subjea w the pmvissons of � ``
<br /> �� . �'���
<br /> � � P�+S�Ph I6 hercof.All covenan�and ugreements of 8ortocrer shall be joins and seveml.As�y Bo�sower�vho co-signs this DeedT��der .. . � • _-
<br /> d o e s n o t e x e c u t e t h e N o t e.(a)i s c o-si g ni q g this IIecd of Tnut onty tn gant ared wnvey that Borrotvcr's intesest in tkc�Le�5�e r and a�►Y uthrr ` , "
<br /> tho tertns of this Qeed of Tnsst.lb)is not personaliy IiaD[s on the Note or under t h i s D e e d o f T n i s t,a n d(c)a g r e e s }
<br /> Horro�r•er he,�eunder may agree s co���t aztd aithoat celeasinS tt�at Borto er o modif}+int8 this Oced o�Irun as to that�f B rrower's interest in -.------ -- - -_
<br /> _ the IVote without tnat Borrow�
<br /> , the ProPerty licable Ia�v to be given in another manner.(a1 anY nouce to Borrowa provided ' ' _ �--
<br /> � t2. NotIce.Except for any nodce tequired under app� ���` • • .. __ ...,..
<br /> for in this Deed of Trost shal1 be given by deliv u i ng it or by mailin g such notice by certified mail addre�ed to 6orro+Yer at tt►e Pr°Fert}'Aad�
<br /> or at such othcr address as BoTrower maY designate by notice to Landcr as provided herein, and�b)a.�y notice to Lender shall be 8►vcm by :'�r`.: _
<br /> certified mail to Lendet's address s�+ted herein or to such other address u Leflder mny designate by notice to Bonower as provided herein-AaY ,• •�. �' ��
<br /> t ..:- _.
<br /> �••,��� notice provided for in this Deed of Tnut shall be deemed to have been given to Borrower er[.ender when given in the manner design2ted herein- ....�-_.
<br /> .;. 13. Goveming Law:�vernbiljtY.The state and tocal laws applicable ta this Deed of 7'nut shaU be the laws of the j�aisdiction in . ( _ ���,�,4,��
<br /> which the Ptoperiy is located.The foregoiag senten�sha11 not limit ttie app4icability of Fecleral law to this Aeed of Tn�st.In the event that su►y . . ^±`�,_ ,=-.�.,
<br /> �::{_:,,_
<br /> � provision or clause of this Deed of Tms�or the Note conflicts with apPGcable law,such conflict sha11 not aitect oth�r provisions of this Deed of Jy�
<br /> • Tnut or the Note which can be givrn effed without the coaflicting provision,and to this end the provisions of this Deed of Trust and the Note �_
<br /> are dect�ed to be seve�able.As used herein,"custs"."exP�"a°d°att°mey�fees"iaclude all svms to the extent not proiu'bited 6Y upPlicable °�".',�
<br /> '�a:� wl�, � ����.
<br />� law or limited herein. of the Note and of this Deed of Trust at tt►e tnne of exeartinn :�,�•"� �'�'
<br /> �'�' 14. Borrower's Copy.Borrower sha116e fumished a conformed copy ,�..:"
<br /> ,,`�;``:: orafterruordationhaeo£ :;,:� - --_�—:
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<br /> --,,`sjl' 15. Ltebabilitation I.oan A$reement Bortower sha11 fo1811 all of Borrower's obligations cwd:r any home �io�o o —
<br /> impravemeut,re.Pair.or other loan agreemeni which Botrowa aitets iato wilh Lender. L.cnder,at l.enders�on. maY�4� �:l`-�;=_� . .
<br /> , . g ee
<br /> "'�:5� ex�te and deliver to Lender,ia a form ar.ceptable to Lettder,an assi&oment af az►y rig6is.claims or defenses wt''ch Botrower may havc against �`F.q`y
<br /> µy.',
<br /> '.>��'; parties who suPPIY labor,materials or setvices in conne�tion with unprovemwts made to the Propaty ,�any ipte�st in it is sold or --:`���"
<br /> ,: ^`� .:.,� ..;�:,._::
<br /> 16. Trunsfer of the Property or a Beneficiallnterest in Borrower.If all or any part of the P���''-
<br /> ` `� nansf'erred(or if a beneficial intecest in Bo�rower is sotd or uansferred end Borrower is not o natu�al pe�s��l�ithout Lendds prior arinen ��.,•� ' ^ .. ...
<br /> ire immediate a ent in full of all svms secum.cl by tlils Deed of Trust Nowever,this option sha11 not , ' y}...,.-���-,��.
<br /> - wnsen i,Lendcr m a Y.at its opdan.re�N P 7� ,•.°� ,
<br /> ° .-,
<br /> be exercised by 1.ender if exercise is,�rolubited by fedeial Lzw as of the date of this Deed of Trust •: .--
<br /> � 1f Lender exercises this c;�on.Leader shall give Borrower notice of acceleradon.T6e notice shaU provide a peziod of aot less thsn 30 �-`fr�;.;. - .;.�p.
<br /> all sums secured by t6is Deed of Tiust if Boaower fails to �; . �'�
<br /> � `t���i- da s from the date t�e nouce is delivered or mail�within whIch Boirower must paY .'�,kf,7,..' ' :: _..
<br /> t�t�y�'i� y zc to the expiration of this p�,od.Lender may invoke any ranedies permitted by this Deed.�:f.1'n�st without funJ:er notice or :;`�,�. .
<br />,.:,.k„YO,., pay these smns� , `� :� _
<br /> �j�; demand on Bor�wer ; ` ''�
<br /> �:• �. NON-L'P(ffORM COVENANTS.Bw•mwer and Lenda`�.�t5er covanant and agee a9 foUows: ,�� � y
<br /> 17. Aceete�tioa;Remedies. Fxcept as Provided in�gaph 16 hereof,apon Bo�rowefs breach c°say coven�t ar agreeme°t of :�U.,•..•, t' �
<br /> . , A�2n due an sums seaued by this Deed of Tns Lender p-�:s to acceleratioa u . ;..�
<br /> '�� Borrower in this Deed of Trust,includi�g the vsti��s to p�3' n Y 1 ffie breach;(2)the acaon r��to cuie ssch breach;(3)a `- �'..;}�.
<br />. ;:�`'F, sball give notice to Borcower as provided in p�aph 12 hereof spocifyi g.( ) . , --- yi�..: :>_.
<br /> :f:;;�� which snch breac6 must be c�.'-.and(4)that faiture to care�a7c •�
<br />-:-��;�_� date,not less than 10 days from the date tRe natice is mailed to Borrower.by
<br /> '' "fi� breach oa or before the date specified fn the notice may result in acceletution of the swns secaued by this D�.af Tnsst attd sale of the PmFetPsi..
<br /> -*ower of the ri t to reinstate nfter ecceletadon and the right to bring a co�s action tv agseR the aonexisteer� . : ���,
<br /> The natice shall fu�her infoim Ba. 8h ��t':�
<br /> � of a default or any othu defense c.%9msower to�cce�e��°n and sale.If the breach is not cure3 on or before ilte date specifted in the aotict, ,�� +y^v •
<br /> , :;� Lender.at LRndefs optto0.maY declare all of t�e sums secureA by this Deed o�f i nut toLend sf�atl ba en��.n col�lect all hceasonab coel �a � �_' _
<br /> � .,;;:f��} and may iavoke t'�s power of sale and any oth�r�edies permitted bY aPP _
<br /> h 17.includin but not limited to,re�su-�:�:s attomeYs'fees. ,.:,��,-,.�.
<br /> •.•. expa�ses incum�in pu�suing tha remedies prcti;3:A in t6is parage'ap & .._.
<br /> If Lender invakes the power of sale,Lender shall execute or cause Trustee to execuce a written nc:cx of the occnrrenoe of an er•asc ct• X_�..:'
<br /> ' d�'anit and oY Lendets elccdon w cause t1n proPertY to be soid and shall cause such notfice to be recorded in each couetY in which the Pcay+."r�+ � = .� _ . ...., .
<br /> o:some part Wcreof is located.Lender or Tnutee shall mail c�pies of such notice in the manner ptescribed bY aDVJicabte la:�_��vsteo sha11 give '� �.� : `�-•..�.
<br /> ,' . public notice of sale to the persons and in the m�ner pres�ribed by applicable law.Afta the tapse of such�.:-e as may be req-.�ired by applicable <;--_z �� ��__-
<br /> ."�'fi,�= ---
<br /> tow,TnuteF without demand on Borrower.�^�f sell the Pcoperty at public auction to the highest bidder cfi daa time and ne sal of all dor ny =--"'�"""�.��.
<br /> � tenns designated in the notice of sale in one or r,:n parcels and in such order as Tmstee may determine.Tr�s may p stp �_�_:�: : �;
<br /> parcel of the Property by public announce�:�:Pt the time and place of any pxevionsly scheduled sz:. 2ender or Lendei's designee mrsY : �;'` • .
<br /> ce..�
<br /> •�;� . ': ,.:.
<br /> . purchase the Pcope�ty at any scle. '•." � ��;�'-�
<br /> Tn�stee shall del�ver t�Gce purciu.s�Trastee's d:e�o5nveying the Property sn sotd��::out any cavenant or watranty.expressed or .�. : . • . �:,_
<br /> imDlied.TAs ro..''stals in the Trustee's deed�h::r be prima fz.~ie evidencc of the wth of the st�:.°ti�r�a�c therein.'Tcustee shall apply thc
<br /> proceeds of thE sale in the following ord�:(a?�-w!�onab]e costs and exPen.Tes of the sal�including,b:s:�a�t limited to,reason�ble Tnistee's —,-
<br /> and s�ttomeys fees and costs of title evidencc;�6?to all r.0 sxund by this Deed of Tms��nd(c)tfie acc�s,if any.to the person or persons ,..cs. :.v, ^..���
<br /> t�t — � i �"��'�<< •_ •
<br /> . t,.�alty eatided thereto. °�'. .. . . •.
<br /> ' r' 18� Borrower'e Rigbt to Relnstate.Notwiths�nding I.eade�'s acceleration of Czs sums seaucd by this Deed of Tn�st due to .Y�,...,`-:+i` .:
<br /> Borrowe�s bseach,Bono�'i+er shut�ha�`e the ripht to have any procadings begun by Lendes to c�force this Deed of Tru..�C.'�cuntinued at eny .,,,T.�,ri�.
<br />� �. dme prior to the earl(er to accur of(i)the fiRh day before sale of the Pcoperty pursuant to the pazer of sa!e cc°-�ined tn tt:s EDeed of Tnut or(ii) ; +-i M�.,�r:�F T';• � •
<br /> Jywrr�-
<br /> cmtry of a judgment enforcing th�s Deed of Tn�st if'.(o)Bonower pays Lender all sums which a•ould be t�:n t::e undet this Deed of Tnut and ��.�m-
<br /> the Note had no acceleration aecused:(b)Bomower cures all breacha of any other covenants or n�eemen�of Boaower contained in this Deed . �,,,_. -.
<br /> ' of Tn�sx(c)Boaower pays all reusonable expenses incuaed tsy Lend�r and Tnutee in enfo►�cit�g�e hY17 hereofain�ad ng,but not 1 mi�1 ���� �^-•,
<br /> ' contalned in ihis Deed of Tn�st.and in enforcing Lender's and Tnutee's remedies ns provided in pamgrup .,,,:;:;. � �.
<br /> to,res�sonable ariomeyd fce�and(d)Bortower to!<cs such nction as Lender may reasonably require to assure thut the lien of this Deed of Trusl,
<br /> . ' Lender's intcrest in ti�e Property and Botrowefs obligation to pay the sums secured by this Deed of Trust shall continue unimpa'sred•Upon snch �'��'``�
<br /> ' , payment and cure by Bm�rower,this Deed of Trust and the obligations sccured hereby shall remtun in full force end effect as if no accelersrtrtion - �
<br /> hadaecurrcd. ' �.'
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<br /> NEBRASKA-SECOND MORTGAGE-1�80 FRIMAlFBrILMC UNIFORM LNSTRUMEN Page 3 of 4 Form 3828 • —
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