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<br /> � � � � � � � 9�° $�►���o _. ::
<br /> � ' TO SECURE to I.ender the repayment of the indebtedaess evidenced by Borrower's note dated � • .
<br /> _ � .. ` � JANUARY 6, 1998 and extensions aad reaev,rals thereof(herein'Note"). -- �
<br />---- —• ----�-'` i in tiie priacipal sam of U.S.a 14,180.00 ,with interest thereon,provlding for _ ,.. , `
<br /> � ��� monthty instaltmenss af priadpal and interest,with the balance of the iadebiedacss,if not saoner patd,due aad payable
<br /> `• 1 on JANOARY 12, 2018 ;the payment of ail other sums,wtth interest thereon,advanced
<br /> `• in ar�cardanoe herewith to protect che securiry of this Deed of Trnst;and the performance of the wvenants and , .
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<br /> _ .; ; ag�cements of Borrower flerela ooatained.
<br /> . Borrawer oavenants that Borrawer is lawfiilly scised of the estate hereby oomeye�and has the right to gant and .
<br /> � � convey the Property,and that the Property is uaencun►bered,except for encumbraaces of recard Borrowet covenants
<br /> � ' that Borrmwer wariants and wU defeud generalty We title to the Propetty against all claims aud demands,subject to ; . ,
<br /> - :�,� •. ' encumbrances of reoord.
<br /> �- - - -- � LTNIFORM COVENANIS. Borrower and Lender oovenant and agree as foIiaws: --_- - _
<br />_ , , � L payme�of prmc�al aad Tntea�t Borrower shall prompttS+ PaY when due the principal aad interest . .
<br /> - '� ' indebtednc�s evideaced by the Note and late chazges as provtded in We Note. .• ,
<br /> . ; Z Famis for 1�s and Insa�no� Subject w appli�ble law or a writtea waiver by I.ender,Borrower shall pay �, ` ,
<br /> ' • � f to Le�der on the day moathlq payinents of piiacipal and interest are payabte�der the Note,untll the Note is paid r ,�::._ . �.
<br /> ;.; �
<br /> ." .�.j m futl,a sum{herela°Fnnds7 eqaal to oae-twelfth of the yearly taxes and assessments(inciuding condominium aad • .
<br />�`� , , ( ; ; p]anned anit devetopment assessments.if any)which may attain priority over this Deed of TnLSt and gronnd rent5 on . ..
<br /> ' . ",.+ the Properry,if aay,Plus oaertwelfth of yearly premiam installments for ha7ard insnranve,plus ane-ta+elfth af yearly , •:�' y
<br /> �: ...
<br /> , . . �°� premium iastallments for mortgage insivanc�if aa3'.all as reasonablq estimated initially aad from time to tiate by ',�;:_-_;�_
<br />:�, . , • ��� Lender on the basis of assessmeats and b�71s and reasonable estimates Wereo� Borrower shall not be obHgated to `�,';��.
<br /> �-:, , � make snch paqments of Funds to L.ender to the eatent that Bormwer makes such payments to the Holder of a prior _•�.,L::-°
<br /> j' . ' _ < � mortgage or deed of m�st if snch holder is an institationalleader. ° � '
<br /> ?' If Borrawer pays Fnnds to Lender,the Fands shall be hctd in an instimtion the deposits or aocouuts of which are •: ; �:.• -.:
<br /> �; .
<br /> insar e d or guaran t e e d by a F e d e r a l o r s r a t e a g e u e Y(l a c l u d i n g L e n d e r i f L e n d e r i s such an institution} Lender shall �; ..�=-_
<br /> fi�` . _:._j aPP19 the Funds to pay said taxe.s.assc�ents�insurance Preminms aad ground rents. Lender may not charge for so _ .,. ` �:;�-
<br /> i holsi4n and a the Funds,analydt►g saId account or verIfying and comp�ing said assessments and bi7Ls,untess --�:�s��
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<br /> ''- ' Len�er pays Borrower interest on the Funds and applicable laar permits Leader w make sach a charg� Borrower and " ':}�.:=�,
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<br /> `�� � Lender maJr agree in writing at the time of esecutian of this Deed of'IYust that iaterest on the Funds shall De paid :��•;,:,,:`�-
<br />�,-� to Borrower,aad unless snch agreement is made or appHcabte law requires such interest to be aid,Lender shall not ; •� �
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<br /> 1 - . - be reqaired to pay Borrower a�r interest ar eamiagS on the Funds. Lender sball giae to Borrower,without charge, - ";':�.:,;;
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<br /> `� � � an annnal acconnting of the Fuads showing credits aad debits to the Fands sud the purpose for whicfl each debit to , ,h;
<br />'.?'F � the Fands was made. The Fnnds are gtedged as additional secarity for the sums secared bp tbis Deed of'IYust. ..�,._.� •
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<br /> ; If We anaount of the Funds held by Lender,together wiW the fnture monthty installments of Fnuds payable prior �.:-.r A =
<br /> "��> `' to We due dates of tases�assessments.insusance premiums and grouad rents,shall e�ceed the amonnt rcqnired to pay � �. �t:>;�:
<br /> -=- - - -� said tages.assessmenu,insuraace premtums and gcound rents as the�r fall due,such exrRSS shall Ue,at Borrowe�s .: - =`--,_-
<br /> � , opHon,either prompily repaid to Borrower or credited to Borrower on monthly instaWaenis of Funds. If the amonnt . ; �:.��
<br /> ::`� � '.� of the Fnnds held by Lender shaU aoi be snffiatent to pay t�es,assessments,insuiance premiums and ground rents __. .:
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<br />_:� '; � as they fall due,Borrower shall pay to L.ender any amount necetsary to matce ap the deScfeacy in oae or more �T"- �
<br /> `.' payments as Lender may require. : . , `�'.'�T'�
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<br /> � Upon payment in full of all sums secured by thLs Deed of Trust,Lender shall promptly refund to Borrawer a�► • ',�•.�":,
<br /> � Fnnds held by Lender. If under paragraph 1T hereof We Properry is sotd or the Property is otheiwise acquired by -
<br /> . , Lender,Lender shall apply,no later than immediateiy prIor to the sale of the Property or its acquisitIon lry Lender, � -� ' � �;�
<br /> ' � az�y Fnnds held by Lender at the time of app}Ication as a credit against the snms secured by this Deed of Trast �'��` '.• i.�_:
<br /> � �. A,gplication af Papmenss. Untess applIcable law provides othemrlse.ail paymeats received by Leader nader . "`'� .. ;`:
<br /> -;,��`, . • the Note and paragraphs 1 and 2 hereof shall be applied by Lender fust in payment of amounts payabte to Lender by � ���
<br /> Borrower uader paragraph 2 hereo�then to lnterest payab2e on We Note.aad then w the princIpal of the Note. . �.r`.:::
<br /> ��: . . 4. Piior Mortpg�s and Deeds oi'Itrast;Chargcs;Idens. Borrower shall perform all of Bornswer's obligaflons --
<br />: � � • , undar any mongage,deed of trust or other secvdty agreement with a Hen ahich has prIority over this Deed of Trast, , •
<br /> _:�� � ' ' including Borrower's cavenants to make paymenu when due. Borrower shaU pay or cause to be paid all taxes, �
<br /> � , ' assessments and other charges,5nes and impositIons attrlbutable to the Property which may attain a prIortty over this .
<br /> � . Deed of Trust,and leasehold paymenu or grouad rents,if any. . � � :
<br /> � S, H�d Insatano�. Borrower shaU keep the improvements now adsting or hereafter erected on the Property
<br /> . insured against loss by&e,ha�ards Included wIthin the term"extendeA coverage',and such other hazards as Lender
<br /> :' �, may require and In such amounis aa0 for such periods as Lender may require. �
<br /> � ' The insurance carrier provlding the insurance shall be chosen by Borrower snbject to approval by Lender,pravided, .
<br /> • that such approval shaU not be onreasonably withheld. All insurance pollcIes and renewals thereof shall be in a form :
<br /> . ; � acceptab2e to Lender aad shall include a standard mortgage clanse in favor of aad in a form soceptable to Lender. . .
<br /> • . Lender shaU have the right co hold the policies and renewals thereof,subject to the terms of any mortgage,deed of
<br /> � trast or other security agreement wlt6 a Uen which has prIority over this Deed of Tnis�
<br /> =' ' • ' In the event of loss.Borrawer shall give prompt notice to the insurance carrler and Lender. Lender may make
<br /> �''<;, proof of loss if aot made promptly by Borrower.
<br /> � .,',. lf the Property is abandoned by Borrower.or If Bonower faits to respond to Leader wlth9n 30 days from the date �
<br /> - . notIce is mailed by Lender to Borrower that the insurance carrier offers to settle a claim for insurance benefits,Leader
<br /> _ is authorized to collect and apply the insurance proceeds at Lender's option either to restoration ot repair of the � � �
<br /> - c. � Property or to ttte sums secnred by Ihls Deed of TnLSt �f
<br /> 6. Pt�eservation aad Maintenaaoe of Froperty, Leaseholds; CondomiNoms; Planued Unit Develnpments. I .. .
<br /> • � Borrower shall kecp the Property in good repair and shall not commit waste or permit impairment or detertoratlon ; ' .
<br /> . � of the Propeny and shall compty wlth the provisions of aay lease if this Deed of Trust Ls on a leasehold. If thls Deed '
<br /> Nf�SRASKA SECOND MOI2T(iAGE-1l80-hTIMA/FFD1ViC UNIhiOREA IIVSIRUMFlJI' �� � •
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