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<br /> 7��AAI�� LOAN NO. 1 5 3 9 2 1 6 5 9 8 ` � , �,+�4!_
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<br /> � limited variaUens by jurisdiction to constitute a untform security insWmer►Y covering real property � . , • _
<br /> UNIFOfiM COVENAM'S.Borrower and Lender covenant and agree as follows: � '�`
<br /> � 1.Payrrt&nt o!Princi�al and Interest;IPrepaymer�t and Late Charges. Bonower shall prompUy pay when due ? ` �:—
<br /> ;i the prtncipa!of and lnterest on the deb4 evidenced by the Note and any prepaymeM and late charges due under the i '�`_-
<br />, I No2e. ; . -a
<br /> � 2 Furada tor Taxe�and Insur�nce. SubJect to appltcable faw orto a written waiver by Lender,Borrower shail pay : ��;"`°
<br /> j to Lender on the day monthly payments are due under tha Note,uMil the Note is�said in full,a sum(°Funds°)for.(a) � � �
<br />= yearly taxes and assessments vrhtch may attain prioriiy over this Securiiy InsYrument as a lien on the Property;(b)y�dy � t . _ ...
<br /> Isasehol�i payments or grourtd reMS on the Property,ff any;(c)yearly hazard or property insurance premlums;(d) �
<br /> ; year{y flood insurance premturns, if any;(e)yeady mortgage Ir►suranca premiums,'rf any;and(fl any sums payable by ' ., �
<br /> Borrowar to Lender,in accordance with the provtsions of paragraph 8,in ltev af the paymsnt of morcgage insurance � '
<br /> � premiums.These ftems are catted°Escrow Items.°Lendar may,at any time,cotiect and hold Funds in an amount noi to �. �' -� �""
<br /> e�cceed the maxlmum amount a lender for a federally related mortgage loan may require for Borrowar's escrow account
<br /> under the fede►al Real Estate Settlement Procedures Act of 1974 as amended from time to time,l2 U.S.C. §2601 et - , • •:
<br /> seq.(°RESPA7,unless another law that applies to the Funds sets a lesser amourrt.!f so,Lender may,at any time,collect t � •` ; ,�;:�
<br /> and hold Funds in an amount noi to exceed the lesser arnount i.ender may estimate the amourrt of Funds dus an the , . • .
<br /> basls of currerrt data and reasonable estimates of expenditures of tuture Escrow Items or otherwise in accordance with . ; - . ;�.��:
<br /> applicabte law. .:��+!��
<br /> 7,";.._
<br /> The Funds shail be h�1d in an instltution whore deposits are insured by a federal agency,instrumernality,or entiry � '��i!<<.� —
<br /> (including Lender,if Lender is such an insbwtlon)o�in any Federal Home Loan Bank.Lender shalt apply the Fun�s to � �. `,�;��..;:>,`.y
<br /> , �say the Escrow Itsms. Lender may not chazge Borrower for holding and applying the Funds,annualfy artalyz[rtg�.++a ' �.+�:�-;-:
<br /> escrow accou�,or v�ritying t(rte Escrow Items,unless Lender p�ys Borrower frrterest o�the Funds art�appiiaxy?��taw � � � � �`'�;�,`;�'',
<br /> � permits LerMer to m�i6�such a charga Howevar,Lender may require Borrower to pay a one-41me charge for an - ;`�f��;�_�.:_---_
<br /> independee�t rea!es���tax reporting service used by Lender tn connectton wlth this loan,unless appticabie lavt . . .. F .� .�P-�;;,,--
<br /> � provides oiherwisa Unless an agresmeM is made or app!t�t.�law requires iMerest to be patd,Lender shall ncrt Le �-� �.'��:�e_�:_
<br /> require�tv pay Borrower any trrterest or eamings on ths Fu^�.Borrower and Lender may agree in writing,hav��,rar, `
<br /> that in!*;.-:2st shall be pald on the Funds.Len�ler shall give t�i��rrower,without charge,an annual accounUng at�r9 � • ��
<br /> � Funds,showing credits and debits to the Furt�and the purpose for whfch each debit to the Funds was made.The �F�'^=f�"s ::'�'
<br /> Funds are tedged as additional security for«LF,sums secured b this Security Instrument � � �'''*��� <•,�_-:__
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<br /> ' If t�e Funds held by Lender Exvcc�i the amounts permitted to ba hetd by appIicable IG�v,Len�cr s:�all account to • . '���""
<br /> xo
<br /> Borra�r.ar for the excess Funds in��rdance with the requfrements of appiicabie law.►i�e amau:�of the Funds held � , ��',��'���' ��'
<br /> by Lender at any tlme is noi suftic;ar�t to pay the Escrow items when due,Lender may so notffy Baz-ower in writing, __ '; �'
<br />� and,In such case Borrower shali pay to Lender the amowit necessary to make up the deflciency.�3�rawar shail make . ,. :'�'`
<br /> . up the deftclency in no more than tweNe moMhly payments,at Lender's sole d(scretion. � -��.��°;��:��.�_
<br /> � Upon payment fn fuli af all sums secured by this Security Instn�mer�t,Lender shall prompUy re:'�.and to Barrower any • � '� ���'���
<br /> Fun�s held by Lender.If,under paragraph 21,Lender shall acqutra or sell the Propetty,Lender,prfor to the acqu:sitlon �� .
<br /> 1 1 an Funds hetd b Lender at 4fie time of a uisitlon or sale as a credft againsa tha . ' ��; %� � ---
<br /> or safe of the Property,shal app y y y �q � �a�
<br /> • sums s8cureti by this Securfty Instrument � . ��,- ::Y�
<br /> � 3.Application ot Paymenla. Unless appticabte law provides othe�+nriss,alt paymerrts recehred by Lender urnier -.- .�--- �'' � �,�
<br /> paragraphs 1 and 2 shall be appited:ftrst,to any prepaymern charges due under the Note;second.to amourtts�ayable °• � .� . �,Y�� ""��'~` "
<br /> .;� under parasuaph 2;thtrd,to intetest due;fouTtt►,to pdncipal dae;and last,to arry late charges due under the Note. � � •��
<br /> =�..`:.:=_'��.,
<br /> { 4.Charges;Uens. Bortower shali pay all taxes,assessmerrts,charges,flnes and ImposiUons attributabte to the ��� ' �"�'�"''y"
<br /> '� Propat3y which may atdatn pdority over this Security Instniment,and leasehold payments or ground rents,if any. '�.�`+�'%�:�; r
<br /> � �-�'�".>' ::—
<br /> BoROwer shaii pay these obligations in t�e manner provfded in paragraph 2,or if not paid in that manner,Borrower shall . '�';`�'` ��
<br /> � �:.
<br /> pay them on time di�acUy to the person owed paymern.Borrower shall prompUy tumish to Lender all notices of � � „-;�
<br /> amour�ts to be pai�cvnder thls paragraph.If BoROwer makes these payments directly,Borrawar shali prompUy fumish to �� ��^'��
<br /> 1` �'li�
<br /> Ler►d�rec�ipts evldencing the paymenis. � ��
<br /> Bar��aer shall promptly discharge any Ilen which has�a�ac�:ny over thls Security Instrument unless Borrowe�(a) �����.___ �-'-�-
<br /> , agrer�icc zvr(ting to the paymertt of the obtigatton secured by the lien in a manner acceptable to Lender,(b)corct�ts in ,,�:;;�"���...�,;...
<br /> good faith the lien by,or detends against enforcemeni of the lien in,legal praceedings whlch in the Lendet's opinton � , .� :..,;.: '° .
<br /> •� operate to preverit the enforoemem of the Ben;or(c)secures irom the holder of the fien an agreemerrt satistactory to ,7—�
<br /> Lender subordinatin g the lien to this Security Instrument.lf Lender determines that any paR of tho Property is sub�ect to • �: •,�i!�:�•
<br /> a lien whlch ma attatn rlor over this Secur Instrument,Lender ma y give Borrower a notice ident In the Ilen. . " a f:.� `.:'' , �
<br /> Y P �Y �Y ih► 9 ,: �'E,�,•
<br /> � Borratiar shall sati the Ilen or t�ke one or mora of the acitons set torth above withtn 10 da s of the ivin of noilce. _ '�'���' ' ��
<br /> �.�•:.
<br /> sfy Y S 9 :: ,• ww. '_�--
<br /> • 5.Hazard or Property Insurnce. Borrowar shall keep the Improvements rtow existin�or h��iter erected on the . � �' � � ' ;:'°'�`
<br /> Property insured ag�fnst loss by�ire,hazards inciuded within the term°�nded coverage and 2.-r�other harards, '.��s,�„�.-,�;;;.;`,
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<br /> including ftoods or fi:sflding,for vsrhlch Lender requires insurance.Thls ia�,:rance shall be mairtained in the amounts and . '�� _
<br /> � tor the pertods th2t�nder reqtis�. The tnsurance carrier�rdvlding tha insurance s?�dl be chosen by BoITOwer subJect • ��` �.:
<br /> to Lender's approval which sh�[z irt�ot be unreasonabiy wltRte��. If Borrower tails to rr.�iniain coverage described above, -;:' . ' _
<br /> Lendes may,s�Lenders option,cbiafn coverage to protees�ender's rights in the Prc��rty in accordance with � ���??���� . ,� —
<br /> para9raPfi 7. � •
<br /> � � NSBAASKA-SINGLE FAA!liLY-FNMA/FHLMC UHIFORM INSTRU{AENT FOAM 30289/90 ! .�,:. . _ � ..
<br /> ISC/CMOTNE//0792/391BI9�90)-L PA3£2 OF 8 i : �• '' ' ---
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