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<br /> � ��� ��'i';';�;;,�': , e
<br /> Cov9UANTS ������ ` � ' s '�--
<br /> t, F�ymarts. Borrower agrees to make al� paY�+��nts on the securod debt W{ed firat to a Y amou�BoROwei owes anathe sscurndaeei � �.` �
<br /> paymanta Lendor rect�ives from Borrowet or far BarcoweYa benefit wi0 Ee app� . `-�;�,
<br /> _...._......,.a.,.a..ei cecond to interesi.and then to D��pDa�:�f Dart!af Prepxymont of the socured debt oxura tor any reason,it wili " �__
<br />----� ow.....o:...�•'.........r_ , ,_. .—.-- -
<br /> rtot reduce or exeuse anY��dtil:St QBY�Px ttAt�l tAB��uea oaai�v�•,�••.,�.. �`
<br /> 2 aoicns A4�ns���g n�}ybj�O�y�p�g�'9 9�stasments, and other charges attributabte w thm proDg►N wfion due and will detend tiUo "
<br /> to the O�oDe!�Y a ainsta��ctatma dXi!l�r dhfd t m bav tfie�ien��ar oa materiais o imp ove arYmainutain the p opartyass�gn any righte.ciafms or , `i::.�:
<br /> � � detenses wtucn�ortowe�ngf,N�'���IIe4rLS�paetti�es.'wh��uvvN ' . ` . _
<br /> d 3.!nt!uaneo.Borrower vrill keap tha property insured under torma eeceptabte to lender at Bonowror's exqense and for Lendei s bc+nefit. All a _
<br /> insurance poiicies ah211 include a standazd mort age ciaus»inlawr of lsnder.Lender witt ba named as iosa DBYee or as the insure0 on any such __
<br /> or tothe eeured dabt�IfuLenda peQu�'�res�mortgaBe Ansurance,Bo ower agrees to mairttainnsuch Insuranee for as�ong as Lende�r rneWlres�roperty . . : , _.
<br /> - 4.PmFafii:Borrower wiU keeP tha Draper¢y ir�good candition a�make a:l repatra reasonabty necessarv f- - � — - .
<br /> � 5,Exp�nsq.Bprrqwer agre9s to pay a�l Lender's expnnses.induding reasonaWe attomaYS'fees,i f Barrowe r b r e a k s a n y c o v e n a n t s m t h i s d e e d ; • . �=
<br /> � of trust or in any obGgation sacured by ihis daed of tsust•Bottower wili paY�sse nmounts to Lender as pro�ided in Covenant 9 ot this deed o}
<br /> lrust . - . �
<br /> 6.Pdnr S�rJtY!t►ar�sts.u��ess Borrovrer frtst oDtains LenGar's written consen�Bono�ver wiU not mako or permit any changes m any prior
<br /> - � � SepiMy i�terests.Banower wiil partorm all o!6aROwer's oDli9ations under any prior mortgage, deed of trust or other seauttlr agreemenL ` � `` _
<br /> . 1 � induding Borrowers covenanis to make paymenta whan due. :.'.�., �
<br /> o��,��n wrtting B ower may6eoi�[acteand�r��intthe e�ins ese lo g as�owe��s��n def uk�If�BoROwe1r defaudtts. Lender�lenders _K.�-��.
<br /> I •
<br /> agent,or a court appo�Med recsiver may take possession and manage the propertY and collect the rents.Any rents Lertder collects shall be
<br /> applied first to the costs of managin�the property, inciuding court oosffi o�a�nts o the secu�r d debt as provided�n Covenant�any other , -`•`:�-^-•�.�;:..
<br /> � � necessarY relatod axAenses.The remaimng emouM of rents will ihen appiy p Nm� _. . ''�4 ' •r'--''
<br /> ".. <_,. �
<br /> ����;�u,•ta:pe,�d�h�tt Q�vdopmsnb.Bonower agrees to comply witt+the provisions of nny lease it this dtsed of trust is on " -F-�_
<br /> � a feasahotd.!f�ia deed of aus2 is on a unit in a condommium or a pianned unit devts�opmer�t.Bcnowcr�vill perform all of Barrower's duties •=��� ' --_-�
<br /> '�n��y under the covec�r+.s.Wae���•��eSu��°�°f the condaminium or ptannsd unit davelopmert. • _, .�����-�
<br /> •,-.!�t:: .
<br /> ��.�ag�;��{�y{�cm fur Bcrrowor. If Bortov�[er tails tope rtorm any of Borrower's duties under thls deed of trust, Lender may Y; ' �'
<br /> �,�•,r•�the d�,�eq er caase t_s-em to be performed.Lendar may sign Borrowera name or paY any amount ff nacessary for pertormanee.If any ' ���__
<br /> c��::.vction v�'�'a propeRy is discorninued or not carried on in a reasonable manner,Lender may do whateve►is netessarll to protect Lender's �.,,,_��_;•
<br /> ;�_
<br /> _ . s�;s-ty irRe[eet ir the property.This may ind¢de campleti�g tha eonstruetion. � � -- ----_--� --
<br /> -'����---�• � '"_.:.�
<br /> LassCer's f�'t;u^�'t:9erform wilt not preclude Lender 6om euerdsing any of its other rights undar the law or this deed of tnut. •� . }rN
<br /> . ;.if:�_._
<br /> A.-�amnuras rcu3 by Lender to protect Lender'a securitY interest wdll be secured by this deod of uust.Such amou�ts wiil be due on demand �• .
<br /> �r wi11 bear interest irom tlrs date of the payment urtti)paid in iv11 at the inYerest rate m effect o�the secured de0t. • �". `,•:.--_
<br /> a_;,.r: � ..•
<br /> .. . '.�.Cofak�nd Aee�NnBc�r- �f Borrowar taits�oin onee e°�a Ba o"t'�1euosiie�ee`m�ae�eterate eM�a matuB►M of tha secured de6t�d f,`� -.�• , x�w.�T.• --
<br /> � r ebGgation snaued by this�'of trust w enY P S 8 r U�;a law. :�.' �l
<br /> :`�•,', demand immediate paymant a'�3 rnay invoke the DoWe►of sale and any other remesiss pesmi.��Y aAD� _ ' � ' ;t�, �
<br /> ;�ri?�-. ' . ::' -
<br /> -��,..�i, . 11,Roqu�st tar NoYlu of 0�4wIL It is hereby requested that copies of the rtcacea of defau'.whd s�s tc s�t to eaeh person who ia a party ' !ry
<br />:i{�;.� hereto,at the aCdress of each such person,as set forth herem. ........ �� � i� �
<br /> ��•�' 3a.Powar of Sal�.lf the lcn�a:'irnokos the powur of sala,the Trustee shaA fast tewrd�n w¢c��of ihe register of QF3ds of each cousrty : _
<br /> �. ... � . , ,<'� .�
<br /> uiiherein tt�e trtsst PioPeRY ar ssnH 0a►t or parcet thereof is situated a natice of default car.�•crr-•A tAe infotmation requirsd tVi 1aw•1he Truatee ��y,.. ,�t. `,�. :.
<br /> s.*.a`.1 atso mai!ceples nf Uie Asi�ye of detautt to the Bortowflr, to each parson who is a Caty hereto,a�d to other persr�Es Ds�o�t�in any ��'��' �"" � �s�� �'
<br /> aDD��cabto larr. Not Iesa than a�a month afte►the Trustee racorda the nottce of Gefault,ar two months if the trust Rc�'v�tU ,. �,, -
<br /> .;k••w ��.:-
<br /> 5�aorporated ci2�J ar vi��age and is used in tarmieg operations canied on by the�.utor,the Trostee shall 8ive Dublic notice e`sale to tfie pessons u
<br /> nnd in ths ma:mzr prescribed hv aDpPtieabte law.Trustee.without demand cn. Gartower.shnll�sre 1 eS paP�e sa es as iequi e by appl+cae 1�w. . ..�';�.�;- ' �"""
<br /> 6:dder.If required by the Ferm Homestead Paotectlon Act,Trustee ehalt offcr�`a proyerty' • �>I���' �
<br /> .,t,'.,::.,-�.i-
<br /> Yeustoe may postpane sate of eit or a�y pareel ot the property by Dublie annc.�r+cement at the time and D�ace of any praviously schaduta3 sala -. ; ''. i{�f}37;,� `-'.
<br /> F.rander or ita dasiynee may p�cchase the properly at any sale. 3 r� °
<br /> The recitials contained in
<br /> Upan reeeipt of paymerrt of 44�a�rice bid,Trustee shatl deliver to t h0 purc haser T ro s t e e's d��conva y ing the propertY• �:;. �Ti�
<br /> ' . T r u a t e e's d e e d Shall be�peUmo f 0��o f t he�e lee i�u d i n g,E u�ta o i e(m�I t e d�to�n r e s a o n a:.',aT T s te e a'sa f e o s�t easonabe attomey/s8fees end
<br /> _-- following ordar. la1 t xP = � ,
<br /> reinstatement fees;(b)to all sums secured by thfa deed of truat,and lc)Use baiar�w,ii any,to ths panone Ie,�,AII�/N(�11N8d t0 f6C8 IV8 IT. —
<br /> • �.��..r ��v ..
<br /> 19,foradpsttro.At LenQer's option,this deed ot trust may bo toreclosed in the manner provlde by app1:c�C,ia law for forecfosure of mo�s:l,�es ��+��
<br /> on teal property �' - f..
<br /> ta.kue�ctlon•Lender may e�r the property to inspect it if Lender gives 6ortovrer notice belorehand.The notice must siate the reasonabto � _ —
<br /> �:ss for Lenders inspectlon_
<br /> � � �y,Condmm�an.Bortowes aasi gos to Lertdar the proeeeda of any award or ctalm tor damage�s connected wlth a eossdemr,ation or ott+er taktng � '�.
<br /> � p+��a�g�r���;pg ttfe p�CSerty,5uch procee�9 wifl be apphed as p►ovlded in Covenant 1.Ttiia assignment is subjeat to tha terms at u-v priot '" . _� __
<br /> � serutity egrc-mFn.. _
<br /> �.��_:
<br /> ;S,yyiiwr.By�exercising a� -A me�available to Lender,Lender does not gtve u any rigt+ts to later use any other remeQy.By not exe�cisln8 � �� _�.
<br /> � any reMedy upon BoROwer's�e.auR,Lender does not wxive epY rlqht to latet eronsPder the�artt a defauR if it hapyens again. I (�����: •�
<br /> ,��, 17,Johri�nd Smra1 U� .� Co-si�»rs% Succ�ston and�alsflyres Bnund.All dutles undet this deed of trust are jolnt and soveral. Any _��'�,,:,:"�;.�
<br />.�.,.. �, sy
<br /> Bonower w1�o ea�signs thi� deod of trust tus Qooa not eo-siyn ths underlvin�debt Insdument(s) doas ao onty to gra�t and convey Mat �..._�,��
<br /> :;::t�A�... _.
<br /> „� 'Y�/��' Borrower's interest in the property to the Tr,�st�under the te�ma of thia deeQ o trust.In additton,such a Borrower agreea that the Lende►an
<br />`�'�i'.1;;'�; an other Borrawar unEer thla deed of vust may extend,modl�or make any other chanpes in the urm�of ffils Qeea of bust o�the secured ,.,=;;�
<br /> de�t wKhout tne�Borrowore aonsorrt and without�eleasing that onower hom the terms of thls deed of trust.
<br /> TM duties and beneflts at tl.�w Gaed of vust shell bind and bertaAt the suceessaro nnd asstgn�of Lender and Borrower• �rr���e,%'�.:—.-.
<br /> ' 18.Not1c�.Untess otherwi�e required by Iaw,any�rotice to Borrovrer shall be glven by detivering it or by,maiflng it by certiQe�mail addresaeA to �4�.`
<br /> i;;; • Bonower et the praperty address or any othor aQdress that Bortowe►haa g:ven to Lendor.Borrowor witl glve eny notica to Lander by certifled
<br /> ma0 to Lendere address on page 1 of thts deed of trust,or to any other ad�osa which Lender has designatod.Any other notiee to Lender shalt ��?n;
<br /> be sem to LenQer's address as stated on page 1 of thls dead of ws4. °
<br /> ,. ..�a?.�a.`'_»
<br /> � y Any notlee shall be deemad ta hsve been glvon to 8ortower or Lender whe�glven in the mannor stated ebovo. ,.� , —
<br /> 18.Tnnsf�r of tM Propsvc,v o�s a�nMNal Int�rrst In th�Bnrtoww.tt all or any part ot 4ho prope�ty or eny intereat i� c is sofd or Vonsterted , .
<br /> �+�`� without Lender's prtor wn'r:en consent, Lendot may demond Immadlate payment ot the secured dobt. Leador may as� demand (mmediate ,� ' � [�•
<br />' �'�`�'• payment if the Boaower is�at a naturel psrson and a bon0ticiel intorost tn tho 8onower Is sotd or treosterred. Howevor, Lendor may not �� .,; :.,. , .
<br />'.'+�,�?' � domand paym-ent In the abovu situations if it Is prohibited by faderal law as of the daie of thls deed of trust. • ��Ss��.�;�.-
<br /> ' ._r'• 7,r.:�
<br /> ��t,,
<br /> ' 2p,q�eonvv,y�rfeo.When t�+e obtlgation secured by this dead of trust has boen patd and londor has no further obtlgatbn to make eSvances ' ,'�;��t;��, :
<br /> undor the instrumerrte or�roements secured by thia do�9 04 trust, tho 7rustee shalf upon written requost by the Lendar,rewnvey the uust —
<br /> property.The Lender shat eliver to the Borrower,ar to Ba�rawePa suceessor In intorost,the bust deed and the noto or other evidonco ot the �.-
<br /> . - obligation so satisfied.Bca�awor shetl paY any reCCndation casts. � ,
<br />. :;�.•'.. 21. Sueeessor TrustN. Lentler, at Le�d�bte law�endethen,by fl1inQ th�suD tmnion of trustoo for reeord+n the off:co of tha goglsteiof deeds � —
<br /> substitu6on of trustee as required by app p � . • —
<br /> succeod to allihe poweh dutlea euthortry a d titlo of tho Trustoe named�n ho deed of bvst and of anV succossorYtrvstoe of ffie property,ehall F
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<br /> ----.. ..:i RaNYFRS SYSTEMS.07C..5T.CIOUD.!dN 68307 tl$04397-43611 FORNI OCP-MtO-NE 8/19l91 _� . • ''' .: .
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