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<br /> _; � �RAYN:OND 0 HBINN�IIQ3 BBSSIB L HBIIKBUQi Z06675 O1/06/1997 � �'�`V
<br /> ,Y � ' Utv�oRNd COVENANTS. Borrower and I.ender covenant and agree as folYows: ��� ����� _ .. : <'��-_
<br /> a e f . '
<br /> , � 1. Payy��t of Prins[pal an� Iai�t. Boirou�r shall prompfly pay when due the piiacip�l �nd inte�sc t .
<br /> ia�ebtedaess evide�ed by the Note and late c6arges as provided in the Note. � '
<br /> , �<r;,� ���
<br /> � Z.F��for Taaes and Yasarance. Subjxt to apglicable law or a vrriccen waiver by Lxnder.Botrowes st�alt pay m . . . ..
<br /> Lender oa the day monthly payments of piincipal and inaerest ate payable under the Note.nntil du Note is paid in fWl. a ` . � ` ``��
<br /> . ' �
<br /> ! s u m(h�in 'F o r�s°)e�a l t o o n e-t w e l ft h o f t h c y e a r l y t a x e s a u d a�a e u r s C w cl u d i a g candom3nium and ptanned:mit _ . _ _._�.�
<br /> .� � developmeu!asse.ssmenfs.if az►Y)which may attaia priority wer this Deed of Tt�st.and gra�nd tents on the Property. if • . . �
<br /> ents I
<br /> - any.pIus one-twelfth of ye2Tly premium+sct�Rm4nts foz h8zard insvtance.plus on�twelfth of yeatiy pre�ium ins[allmentc 1 .� ` . ' .
<br /> 4
<br /> gag if any. all as ceasonably es�mated initially and from dme to time by L�d�r on the basis of , ��7��
<br /> fOL lIlOII 2 inrnasrrn� � ' - _
<br /> a.�,s�°ss�p^m and hills anal reasos�ble e�timates shereof. Boprawxr s6a11�t be obligated m m2ke such payments of FunsJs . ��-
<br /> to Lend�r to ths eatent that Boirowee m�kes such payments to the holder of a prior mortgage or dced of tmst if such hold�r � : � 1� =
<br /> �-- is an iastitario�al tender. `.-.-.F-� -� --:- —=
<br /> , If 8onower pays Funds to I�ender. LIIC F�DdS S63I1�£I1Cid lII 8II I11Siltt11i4II f�1C d2pOS11S OY aCC6UIItS Of WtIICIl� , ' `-� �
<br /> insured�r auaranteed by a Federal or state aSencY(iuciuding Ix�der if Lens�eer is such an institntion).iend�r shall applv � `��-
<br /> 1tC�1�TnP �,;.� � rents.Lender may not cUarge for so holding and � ' ' -!1��,.�
<br /> the Funds to pay s�id taaes.asscssments.i p �aad gronud _ . : .:�.:�..�., �
<br />� �' applping t�e Fu�s. analYz�ng said axauni or vetifying and coasp�ing said ass�ats and biUs. unless Ixnder pa3�s . �'��.''�`�°.�--
<br /> .;;;_>`_
<br /> ' Bott�v�er interest on the Fu�s and agplicable law pe�its I.endes w ma�e sucb a cbarge.Borrower and Lender may agree . ..:��.�;-�.-
<br /> er , �
<br /> in writ�ag at the time of eaecadon of this Deed of Trast t�at iute�cst on the Fmbds sT�ll be paid to Bo�ower,and un9e.ss , ` . •. .
<br /> � _n:-,,... � _
<br /> ' soch agreemeut is made or appl�Cable law requites sach interest to be paid.Lend�er shall�t be�quiied to PaY Baaower , .. . ,�,�
<br /> aay intenst or e�mings on the Fmuis. Lender shall give w Boaower.widiout c�harge,an ananal aocaanting of the Faads . . ���:�'-'�__-
<br /> � showing c�edits and d�blts m t�2 Funds and the pnrpose for whic�►each debit to the F�Ts was made. The Fands arc . x=�;=='��-=.,°--
<br /> �. . ..•.
<br /> � pledged as zddidm�A�ity fur the svm�sacoted by this Deed of Tcnst. ,�:.�;-.�
<br /> If the amomrt og¢�Funds h�ld by Lender. rogether wlth the faaue monthly insiallment,of Fnnds payable prior to . , ��.�r�
<br /> ` Y-ur, �-
<br /> tbe dne dates of taae�, as�u�,ia�urance Premi�s�F,�O°�rents, shsll eac.eed the amnuni reguiced w p�y said ;; r:z�. ��:,
<br /> . '��M^�,;F.,.°--
<br /> '` �� �� �nsarance pa�ms and�nd ieut�a��ty fall dne, sach exr.ess shall be. at Borrowtr s ogteon, • ,,.:,,,;,;:�
<br /> r;_.�.n
<br /> _ ei3Ler gromptly r�.id to Boaower or credii��d ta Baaawer on monthlq in�llmems of Fnnds. If the amwunt of¢���tts ._ - `., •
<br /> ��r.� �
<br /> hCld by LC�ldET 51,`��r4 not b�SvffIC[E�i W p3y tas�s.2SSes�E�GSs inenr�x�n p�iums 3nd gmII�d zesLS as they f3ll due, - -
<br /> � ���
<br /> amo�t neo�alY co make aP the deficiency in one or moie pay�as Leffier Y
<br /> Boaowta shall���s I.ender aay :,�;;t�•.�, _-ir.�-r�,,,•;.
<br /> ,... ;:;�.
<br /> .. recl�e• �l,� ����
<br /> .... UPon gaYun',ni in fall of atl sums secartd by tt�s Deed of Trast.Lender s1taU pmmpSy refand to Boaawer any Funds :;,� �`, �`�'.. �
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<br /> . hetd I�ender.��r aragragS�17 hereof the Pmperty is sol+d or th�Ps�agenY is othetwise acquired by I.ender.I.ender ;;�� ` �
<br /> �Y p 4 ry` ".
<br /> s�ll a�ply, no➢��aa imm�t;ar,�ty priur q the sale of the Pmpertp ar u's acquisidon bq Lender.aaY Fands Yield by =:�.c_ 's ,:
<br /> ;���•..
<br /> ' Lender at thc t�mz�u�p4ita��ra as a credit�sr�st the sams secated lry dri�1�of Tzast. ' '�";' ��. ,_;.. -r�.�, `,�� -
<br /> '� r�:: . � � _
<br /> f .,�,{`t',�,f�ti^'�Y':•;SS�r'>; t :`'`-.
<br /> ". 3.Appllratioa a�I'ap��. Unless applIc�ble law gzs�vides othezwise,ali Fagm�us �'to Lend�r&s�a2t ��� ,�� r ,i ,
<br /> 1 and 2 hecebf sball be appfied by Le�'xr fiist in paymeflt of arauu.tm�Pa9ab �'.`.• '• ; � .:��-�:>�.
<br /> . Na��3 pazapapl�s • , , , .
<br /> �I P�S�Dh 2 Leieo�then w i t u e r e s t p a y a b le on t b e No t e,a n d t h e n w t h e p ri n c i p a r i o�e h e Note. �,`r•� '�.:�?,;,;•.:�
<br /> .3, �i ;:
<br /> . 4. Pdor Mort�es and Deeds of Z� C�vr� Leu9.Bosmw�ra s�ll perf�ffi all of�oaower's obligatians u . s,�:,.��: :"4 .
<br /> �r��. if.�'�'t��
<br /> under si►y mortgage, deed of t:ust or ot��city agieement with a iir.w�ic�bas p�oaty m�t�ls Deed of Tnast, ,. ������4<<w.�,''''�:�
<br /> � .
<br /> -- ' inciudi�g Bonuwer's cavenants w make gapmen�s whcn dne.Boisower s1�:1L�aq er s�w be paid all tues.ass� .,f .�
<br /> . . and othez c�arges,fines atW impostuoas attn'barable w the Pmpert9 v,rhIch�ay�tt�iII.��niuriry wer this Deed of Tsast, � • :..< "
<br /> .# '���r,
<br /> : and leasehol�payments or Smand rents+if wY• ��''!C�.
<br /> • S. Hsu�ard I�ace. Boarowet sball keep the impmvem�nrs nn�c-�isemg or beceafter enct�d on the Pmperty .- .. y. ::'___.-
<br /> ' insvted ag�inst�hy fire.haruds iacIaded within tt�e teffi'extended �._ e',and snch other Laz9rds as Ixnder may ��__:,�-��
<br /> .� � reqnire wZ:n sach amaw�su aad f;,r sacD peziods as Lender m�y m�aire. �. --- - -- _,_:
<br /> w
<br /> • The Iasu�nce canier providin�the ins��e sba31 be chosen by Bonrower sabjea w appmval by Lender:Pravided. ' . "s.----_�---= •
<br /> y+ -.-.. --�-. ,.�:.=::_�.
<br /> tbat sadi appmval sLall not be�onably witW�eld. All insuianse policIes and renew�ls thercof sLall be ia a form
<br /> ��'- .�°
<br /> � acapptble 2o I.tnder a�sball inctnde a sta�dard murtgag+e clsuse in favor of and in a foffi acce�hle to Itnder. I.ender �._ ^_�,.,�.—
<br />. stull bave the r}ght w hold the polides aad��aL�tLereoL sabjecc to cire te�s of any�8e,d�d of uast or WLer - - - � .,: ,...�
<br /> � sa�ity agnxment with s�ien which bas�*.�r3ver this Dced of Ttust :.:
<br /> ' ia the evtat of lo�.Boao�er shatl���roa�t mtice to the ins�us�e cucier and Isvder. Len,der m�y m�Ice proof � .,��.�.��,.r,:.
<br /> ' of loss if nat uud�e promptlY by 13�tena�er. `�� :' ,:�•,�., ,. i-
<br /> ' If the Pmpec4y is�andoned bq Baar-�:c�, ar if Bonowep fe�s tfl�ond to t.ec�er witLin 30 days fmm the date . _�
<br /> ' .�� aodce is m�e�!by Lender m Hoaower C:su�insaiance canier offr,s a�seuie a ctaim for iasuiance bene8ts,Lender is '..�.. .. r:���
<br /> �• ��lA.'-'*'#If•�ll.}G?1�t-
<br /> nn�thnrized m collect and apgty dr�*n�•*�„��mceeds at Lender's aption eitber to restoiadon oi iepair of the Pmperty or �-...
<br /> . ��_:
<br />' w�ie sams secated by tbis�9�T:ast. �yap �r
<br /> .�'"" . °`.*�' .�;�u-
<br /> 6. �l+l�Yi�IOD 8II{1 ���pB�C Of PI�OpEtty's Lf�S!'�01�4i �1�'s PIinDEI� �TO�t DEPdti0�1F�• .'!�*iy±�s, "��_-�
<br /> � B�uuwu s�11 kap ths Pmperty�n 8��P�wd sh�ll nat co�it wasre or pe�it impaum�nt or c7etsziotadon o�tLe �"°10�''`��'.�','_"'
<br /> �sre
<br /> .. Proptrty and shall comp3y with the pmvLc.a�of a�r lease if this Deed of Tmst is on a leasebntd.If this Dced of Trust i3 "'"`�-":;`-.:....;,�•`� -- .,.
<br /> -a'r'!a�'� '�.
<br /> � oa a umt in a candominium or a planaed u�t developmeas.Bo:iawcr shall pedorm a11 of Bo:mwer's obligations uuslet tfie ":...�P�"��
<br /> declaradon or cav�cmati�8 ar Sm+em�n8 the condomi�am or planned unic develapmeat.tL�t by-laas and reg�7�cs - �;,.,�,;,,.,�_;„_.__
<br /> of tue cond�minium or plauced unit development.aad consdtuent documenrs. ...:•.�M,:-.,,.._`-=�-
<br /> �.*..r...,:.,..,.,.:j
<br /> 9.Ptoteetian of Leuder's SecaultY• lf Borrower fails to perform the coveaants and agreements contained in th� • :" �`�"
<br /> ' Deed of Ttast.oz ff a�aedon or prooeeding is commencQd whicl�m�iatiy affoccs Ltnder's inte�t in the Progeny.t�ea . �. `'... :'. .�—
<br /> a5t
<br /> . Lender, at Lender's opdon. upon nodce to Bom�wer. may maYe s�ch app�ances. disbuise such sams. ircladin8 '-�_.°��-,.�-
<br /> rezson�ble attorneys' fees.and tatce snch acdon as is aeezssuy m protect I.e�ea's intemst.ff I�ader requi�e0�ortS18e . _ --
<br /> � insamnoe as a co�idon of making the loan s�aced by thjs Deed of Tmst. Boaower shall pay the preminms�red to :
<br /> ..,�;r�sorh imsata�e in effect natil s�uh time as the requirement for such iasviance re..�±.+��� in a000idance witb . . _
<br /> . . Bormwer's aad Leader's written agreement or appllcab2e lzw. . � •
<br />. .. Acry amounts disbnised by I.rnder purs�nt to this paragraph 7.with interest thezeon.at the Note rate.shaU become -� •: � *`-_
<br /> ' sddidonai inde�tedress of Boaower secured 6y this Deed of Tiast. Unless Boaower a�Lender a�ee o0 other terms of ,
<br /> WYmen� stach amoants shall be payable upon mtice from Le�der to Boitower zeqnesting paYm�t thereof. Nothing . . '
<br /> �on�ined in tGis patageaph?shall requize lender w incur aay expense or tatie anS+astion heren�rler. .. . � � . • __
<br />� 8. Iaspecttan. Lender may make or caase to be made reuc�nabte ennies upon and inspecdoas of the Property. , o
<br /> pmvided�::L.enider s�12 give E�zzower nosice prioi to azry sach ins�ecdon specifyin8 reasflaable caiue cherefe•re�ated t� . • , �.-.;.•
<br /> � Lend�t's interest in the Property .� . � �
<br /> � �
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<br /> Nebrasta 268�63 11l46 Originsl(laacorde8) Ccpy(araachl copy Icuatomes) e,�a ors . � � �--
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