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<br /> _ . �`4 'i'O SECURE to L�der the repayment of the indebtedness evideaced bY Borrower's note dated � ..
<br /> 19 98 and e�ans and teaewals theceof(herein "Note?. _ _ ,., <
<br /> . , : _�4�, Jp�NUAAY 13. 60,200.00 ,with inte�est the�on. pmviding for . ..'. �.:: ;": .
<br /> :. � in the prfaciPal sum of U.S.S .,� .t� f,�
<br /> . `: , � monthly installaaeats of prin+eipai an+�interest,with the balanoe of the indebtedness, if not suoner paid.due and paYable _U ,: '
<br /> . _ � on JR1�TiJARY 20. 2023 :the payment of all otha sums.with iatere.st therean. advsmoed .
<br /> in atoordauce hecewith tn pmtect the sewrtty of this Deed of Tmst; ancb the pezformance of the coveaants and .
<br /> ". ` agteements of Bor�ower herein cuneained. ' `
<br /> ' Boicowea cov�ants that Bo;rawer is lawfallY seised of the�tate hereby oonveyed and has the right w 8rant and . ,._`'`
<br /> �.. convey the Property. and that the ProPe�tY is unenaunbeced, exoept fpr earumb�all laim4 and�demands, subj�w . � �
<br /> ;�;.�--^` that Ba:rower warrants aud will def�d geaerally the title to the pro ert}► ag m4 �. , ° '`
<br /> �,.
<br /> – - - .- ensumbrances af record. as foltows: �
<br /> _ � � UNIFORM COVEIVA1�iTS. Borrower and La►der covenant and� when due the prbmcipal and interest - .,
<br /> � ° 1. Paymeai of P�1 a� i�uieesi. Horrower shall gmmptlY PaY '. � ..
<br /> . � ' � � indebtednc�s evidenced by the Note and late charBes as provided in the Note. ..�`.:`..:' ":�.'_-
<br /> .. `, ' �!� 2 Pamds for Taaes�d�. �I� �aPPlicable law or a arittea waiver by L�der. Boaower shall pay ;';:`s< . :' . ,.,
<br />- . I•. w Ixader un the day moathly payments of piinci�al and interest are payable under the Note,uaW the Nate is paid - :t.,,:., •.,.,..
<br /> � : in fuli,a svm(hecem "Funds')ecNa1 w on�-twelfth of the yearly taxes and assessm�ts (including coadominium aad -_--
<br /> und rents on `��' .', __
<br /> ; . planned unit devetopment assessments, if any)wluc�►may auain priority over this Deed of Trast and gm ''.'��o �:-
<br /> � the Property, if anY,PIus onatwelfth of yearly pn�anwn msta� for ba�ard insurance. Ptas on�ta+ei8h of yearly +-.
<br /> � �. �'�
<br /> -, . p�ium installments for mortgage insarance. if enY,aU as reasonably estimated initially and from time w time bY ., r �,�
<br /> an
<br />''� ' - Ixnder on the 6asis of asses.�-un.�ts aad 5�1s aad t�sonabte estimat� thaeof. Borrower shall�not�tder lof�'or . . � --
<br /> . ' make su�h gaS+ments of Fw�ds to Lender to the extenc that b,:rmv�er makes sach paYm�s : . . �
<br /> `,, mongage os dee�of uust if such hotder is an insuduional lend�. , . �`;,-.--
<br /> . .',� If Bonower pays Fun�s to Lender, the Funds si�a11 be held in an institution tfle d�osits or acaoimts of whtch are ., _-
<br />:;�. . , � ::�r• � inrdud'ni� Leader if Lender is sach an instiwtion). Leider shall .`. ;,
<br /> . insured or guarantee� by a F e d e i a l or s t a t e a�� p�� ��und rents. Ixader may not c�arge for so -
<br />,..;,,. : ''.t..,.. ar _ �ir—_
<br />;� apply the Funds ta pay sdid taxes,assessmeuts, a��,n�,� aad b�71s.unless � �,,;
<br /> >�:. . hotding and a�ip13►jng the Funds,analyzing sa:ai aawunt or verifying and+�saPilinS sa�d .•- r'�
<br /> e. Boimwer and ';�`�
<br /> .:,,.f.;.'� Lender pays Bormwer iaterest on the Fusds and applicable Iaw permits Ixnder w make such a c.har8 ,,:..� ' �,:�;.
<br /> ! t :,1 y.
<br /> . ;�..;;,,: i.ender maY agree in writiug at the time of execntion of this Deed of Trust tliat interest on the Fuads shall b�pa�d ,
<br /> - to Bonower, and unless such agr��enl is wade or appllcable law requites suc�Interest to be psid,Leader shall not ���
<br /> ve to Boaower. arithont cbarge. `�
<br />`:.� ' . - be co PaY Borcower any inter� or eamiags on the Funds. Lender shaU gi ..r.>�.;,�_
<br />�M,�; ' ` . �� of the Funds showtag credits and debits to the Funds and the pu�wse for wl�£ch eacb debit to �: "• . »��;_
<br /> . . an annual accarmting �. .. ..�,r r_
<br /> the Funds was made. The Funds ace pledged as additional secuiitY for she sums secured by this Deed of T:ast. ,,< ` ;i�..
<br /> If ths amount o f t h e F u n d s h etd b y Lender, togethtr wtth the fumre monthly i�llmeuts of Fmtds payabte pilor ,, �,'...,
<br /> to We due dates of taxes,assessmeats, insurance Pse�iw� and gcound rents,shaU exceed the amount r e q u i r e�d t o P a Y ,� _.---
<br /> , . ,�,,,,
<br /> • 8L BOI[l1WCI'8 ,r. `
<br /> � . .�� said caxes. assesstnen[s, �nsvrance Premiums and ground rents as they fall due. such excess shaU be, _
<br />`;: atd to Borrower or credited to Borrower on monthly installments of Fimds. If the amuunt :-y
<br /> opiioa,elther prompdy rep ---�
<br /> �.,� -:_ . of the Funds held by L,enda shall not be sufficient to pay taxes,assessments. insuraucc premi u m s a n d g r o n n d r e n i s : . ,;:`,.�•
<br /> ` as they fall due, Barrower shall pay to IRndec any amount necessazY to Ardke up t6e defidency ia one or more . � �_- `_
<br /> � ;
<br /> :__ � .. . �..
<br /> � Paymenis as Lender may require• tefcmd w Borrower �Y ;: "
<br /> .,,r, . tTpon paymeut in fuli of aU sum4 secured by t6is Dced of Tr�st, L�dec sLa11 promPtiY ,�
<br />->�'�;�� - .. _ Fnuds h e l d by l.cnder. If uader pazaBraP� 1T ttemof thc PcopettY is sold or the Property is othezaise acquired by __�-:_;.-:��-:
<br /> �':�� .' ' • Lender, Lender sha11 appty.a.o later than itmnediately prior to the sale of the Property or its acquis i tion by I.eader, : _ .
<br /> ''` � licatioa as a credit against the sou�s secured by this Deed of'IYnst.
<br /> ; . aay Fonds hetd by Lender at t h e time°f aP P ��te law mvides othera►ise, aU Payments received by I.ender uader ' � `�
<br />-_ 3. Appllr�ioa of Paym�s. Untess 8PP 1Ied p Lender first ia payment of amntints payable to Leader by, . -_'_=
<br /> •�. • :�. . We Note and paragraPhs 1 aad 2 hereof shall be aPP �Y �'���.---.-
<br /> ``�.� . • Borrower under paragraph 2 hereof. thea to lnterest payable on the Note, attd then w the princaPal of the Note.
<br /> : 4. Ptior MottpSRg � Deeds of'I'ias�� 13ena. Boirowes shall perfom► all of�Trower's obligations .
<br /> ' under any tnortF,age, dexd of tn�st or other security agreement wit�a lien which has priorlty over this Deed of Trast, '
<br /> • including Bonower's coveaants to malce payments when due. Borrower shall pay or cause to be paid aU e� ' `
<br /> es,fines and impositions atm'butable co tDe Pcoperty whtch may attain a priority
<br /> � • . : � � assessments and oWer charg . . .
<br />-,. �.. � � ' .. IIeed of Tzust.and leasehold payments or gcound reats. if any. ;
<br /> 5. Hazazd lnsaraace- Borrower shall keeQ the impmveraents now ealsting or hereafter ere�ed on the Property
<br /> . . , ,. insured against loss by 8rc.�azards included withia the cerm "extended coverage",and sucb d t h e r hazards as Lender ,
<br /> - may r e q u i r e a n d i n s u c h a m o u n t s a ad for sush periods as Leader may reiNlre• . ;
<br /> �. . , The�nsurance carrier provIding the insurance shall be chosen by Borrower subje�t to approv a l b y L ea d e r;p r o v l d e d, '
<br /> � . : . , that such approval shall not be unmasonably wlthheld. AU lasivance Qolicies and renewals thereof shall be in a form .
<br /> � � acceptabte to Lender and sball inctude a standazd mortgage clause in favor of and ln a for� acceptable to Lender. .
<br /> . Lender shall have the right to ho2d tt►ea�;en hi bdhas priority over th sbDeed of Tnut. of any mortgzge. deeA of . -
<br /> • . � trust or other securicy agrecment w�th
<br /> In the event of loss.Bonower shall give prompt notice to the insurance catrier and 1.ender. Lender may make .
<br />_ . � praof of loss lf not made psomPUY by Borro�ver. •
<br /> � lf the Property ls abandoned by Borrower, or if Borrower fails to respond to I.ender wittin 30 days from th�a i .
<br /> notice is mailed bY 1.ender to Borrower that tice insurance camer offers to seitle a claim for insurance beuefits,
<br /> :;.. � : � is authorized to callect and apP1Y the insurance pI°ceeds at Lender's option either to restoration or repair of the . .
<br /> . � property or to the sums secured by this Deed of Tcust. pl� UIIit Qevelopm�ta. . ..
<br /> of 1�as�hoIds% C°nd�lni°ms;
<br /> . � 6. Presen►aslon and Maindeaaaoe ��S►� �
<br />: ' Bonower shall keep the Property in gaod repair and shall not commit waste or permit impaitment or deterIoradon
<br />- _— of the Property aud shall complY with the provisions of any lease if this Ueed of Tn�st is on a leasehold. lf this Deed
<br /> . • � 11T�RN1 INStBUE�ffiNP Form 3t37.8 � .
<br /> �'.- • - NEgRASK/4S8CUND MOATGAt3E-1/80-f�A7i�
<br /> . .I Yage 2 ot 5
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