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<br /> � � _. ..__ ._ . • � . . . .. . 10Q60fl Ai/2T/1997 �< ' • ,'�, - � _ `�"
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<br /> . . "OUAD34T.IIPS VAR(iAS SRA&A16 Y�'iett�es ��w Y -` ,. . -
<br /> as follows ����� f " � . . . . .
<br /> [JMFORM Cov�NaNTS. Boarovrer an3d Lender coveaant and a�ree a! an�d uue� . ` T'�
<br /> 1. Psymt� of Prluctpal s�nd Int�. Hotrowez s]ta11 PmmP�Y PaY when dns the giiucip � . . • ,.
<br /> imlebtedne�evidenced by the Note a n d l ace c h a r g e s a s P m v i d e d in�he Note. .�; '
<br /> t
<br /> � 2.Ftra�s fox Tau�s a a�Ynsurance. Sab.leci w aPPUcable law or a written waiver by Ler,�tr. �onow�er shull pay to .
<br /> • ' 1 I.ender on t�e 8ay monahly paymenis of PriadPai aud int�arest aze paYable under the Not�.unail th°Note is p a i d i n f u l l,a : -
<br /> � � sum(he�n�Fnnds')eqnal to o�-twYlah of the YrariY mxes�ass��s(��S oo�ominium and pfaaned unit � . ':,
<br /> .. develop�eem assessm�ts.if anY)wiuch�ay astain piioriry over this Dced of Tznst.and gro�d rents oa ths PropertY.if � , " .. ` '.,e-
<br /> °t tus one-tweifth of yearty plemium instalim�ts
<br /> � . any,Plus one-twelfth of Y�IY P����x�rd�.p on the basis of ` �
<br /> ' - for mortgage insmance, if any, all as reESOaab1Y estimated initially not be ab� �t make such payments of Funds E� . ,
<br /> ��a a s i b i i i s a�x l r e a s n m b l e�t i m�t e s t h e i e a f. �the�o s 2 d l r of a prior mortgage or deed of trost i f s u c h ho l der ` - - �- - -
<br /> � - to Ix�nder to the extent tt�t Bwmwer makgs such PaY� � . : .
<br /> is an institutional lender. f • �
<br /> . i If Bottower pays Funds to Len�er, the Fnnds shall be held in an insdtution the dtposits or accouats of�vhich are ' , -... _ -
<br /> .� insured or gutuanteed by a Fedsral or state ag�►(incl�Gn8lsnder if Lender is snch an insdtution). Lender sball aFply •. , -
<br /> u u .p.�,;,�and Smuud rents.I.ender may anc charge for so hold'ang and . � -
<br /> �; ths Fnnds to paY said ta�ces.assPssme++�.insazance P ������ �b�s,nnless I.ender pays .. _ ' _
<br /> . � applying She �auds, walY�inB said account or veiifqing _, _;°.�
<br /> .�..••.
<br /> �` ! Boaow�c in�s�t on the Funds and applicable law permits Lender to make sucl�a�8e.Boaower aad Leader map agree �-�.
<br /> . . � ia wrinag at the timc of eaecudon of thas Daed of Trast that inteiest on the Funds small tse paid to Boaowtr.and unless : �,,,;.,��.
<br /> �s made or applicable law�eqnires snch inter�st m be paid. Lender shall nnt be reqiriced to FaY Boaower �_-�.G-
<br /> , �a��• e to Boaower.without charge,an an�nal accountm8 of tbx FumLs ;��„�-,-=
<br /> � � �r inteiest or eami�u�s on the Funds. Lender sball gie ..�,�_'.'� --
<br /> � � showing cre�"' aud d,.�r:�to the Fnnds and the Pm�Fose for cuhi�each debit w the Fumds aras made. The Fands aze -.:__
<br /> .,�.,__..
<br /> � pledged es�"'� i. for the Sums sec�d by this Deed of Tzust. �nnailmenrc pf Fmld.s payeble pIIOS to �. � •..,�:�
<br /> If the�aF��held by Lender.wgett�r wlth the fadue monthly' oo a said ' . . � : ;..�_�
<br /> . the dne dai�s of�es,as�nts,i�-�P����°��' �esceed the su�onru r� P Y .,�_';:�.��.
<br /> . taxes, a�. �Premiu�a�i ground renrs as theY fa11 du�. such e�ccess shall be, at Borrower's opdon, f•,.
<br /> du
<br /> either pto�y n�aid to Boaower or cres3ited to�^�wer on moIIthly installments of Fnnds. L+�e au�onnt of tLe Frmds ,_ ��;��--
<br /> .. held by I.e�der sball not be sa�icieni to pay taaes.�essme�uts► Insaiance Premi��nd�tents as 1heY fall dne, .. .'�
<br /> . Boaower�:aa11 PaY w Lender a�r amouna nece.ssaiF ta�nP the deficlenc9 in one or mar�pal�mer�s,�Iender maY .
<br /> .�.
<br /> ' r�• ae�to Boaower any Fan�s . "�=. . . � =
<br /> Upm tgIIvment in full of all sam4 secared by this Deed of Trast,Lender shall�mP���by I.epder.Lcn�r� �•, .." J.``�
<br /> . ' held by L e�er.if mx1Fr patagraph 17 hereof the Propecty is sold oI the Property ,. . `�,n �,�: _
<br /> ,� �. .
<br /> rior to the�of the PmPenY or its acqaisitioa bY Lender.aay�-�ds hetd� ,. �
<br />: �s s�a11 aPNY+ nn later t�a�iately p �Dee�ef 1'cusc. �`• �
<br /> ,� '�:' �
<br /> Lender at the time of ag�,T��sion as a credit against dr�snms secared bp �, :;; <.. �.•`:,��,•:
<br />, �,+;: . 3.App ll t x�t t o n o f�y m e u t e. U�1�a p p2icable law pmvIdes othe�rIse,aU PaYments�ceived by I�r ander ths ' �.;,�' ;"` � `• ;�� ..
<br /> 1 a n d 2 h e r e�f s�1 1 b e a g p l i e d b y Lender fust in payment of amunnts g•ag�►b32 to L e a d e r b Y Bomow e s '.�°.���'�i�,
<br /> "�.��';� Note�ad para�Pbs of tfL.2��te. , `•�'g"�; —
<br /> �``"� ' 2 Lenaf.then to intecess Fa9able on the Notc,aad then to the Princ�pal � �t�� � -,�,�
<br /> °�r��� �e�. B o u a w er sball p e�f o m n aIt of Botrow:s s obl�� �
<br /> . 4.Prlor Mort�ag�and Dee�o Y T r�s ti ��3
<br /> -- rmder an y monSaSe, dee�of tcast or ot�er seca�."9 ��nt with a l�en which La�prloiIty over this�of Tmst, :.`: �=f�.A;,-�"'
<br />� ' inciuding Baaowes's covenants w make Qayments�dne.Boaower shall paq or cause to b e pstid all taxes,asse�nss .,;�.; .
<br /> dons atm'bgtable w the P�upeTay'which may auain a piianty aver tl�is Deed of T�nst. �o ��—
<br /> � �;: ;���,s=
<br /> and other cbar8es.fins �P°� ' .
<br /> and teauhold PaYments°r Sro�����Y� ,�� �� now eaistin8 or hereafter eioct�d on the Pcopeit9� •�;., ,:��i�.'�:.
<br /> :���:��
<br /> . S.H�ard�m�auce. Bortower sLall c�.-�P�' y %: . .��';.�,. �:
<br /> t�rds included w3tY��;term'extended coveiage",and sucb other hazards as L,euder ma •;.;, � -
<br /> . �� insured against toss bq fine. .>{�, :',.:'` ,��"`_
<br /> ' t:,`c;� and in s¢ch amoanrs s n d f or such pedods as I.e�des may reqaire. rovided. �' "'°a�-
<br />�� `;r':•�; � mvi t,..'�°.insviance sball be chosen by Bormwer sa'bject t���1 by Leader;p _ . ;�.'.� �-
<br /> i;�:�.. T'he ins�ance c�ai�r F dia8 ' � ., � �.s.�..: _
<br /> :"° ' that saoh aPPraval si�all mt be anreaso�ably w:t�etd. All insurance Pullcies and renew�;t�ereof shall be in a fom --- - -
<br /> �. �:�• acceptable w I�ender and shall include a standand��a8e clause in favos of aud in a form axePtable W Lendes. I.ender
<br /> �u.i._.`-�-�=
<br /> � shall bave the right t�hold the policies and�•s d�ereof,svb}ea to the tem�s of az►y mortgaSe,deed of avst or ather �.' ,--.
<br />� � secarlty agreeme�vdth a lien wWc6 has pIIOrity over this DePd of TrasG ,�,�,�,,,...�:n�
<br /> In t�event of toss.Eom�wer shall give pmmpt notice to the insuiance cauiec aad Lender. Leader may m�lce proof ` �-.-�--,�.�.
<br /> of lass if mt made pmmp8y bq Boaower. `` ' ' -
<br /> ' If the Pmpert9 is abandoaed by Bo:mwer. or if Bom�wer faiLs to resPord to Lender wi�i�a 30 days from the date `':"� :„`��:.�.�
<br /> ' � mtice�S mailed bY LemW=r to Boaower that the insurdnce carrier offers to s�".�.�°.a claim for insurance benefits.Lender is �:�=,{�,�
<br />. . anthotiud to col�oct anfl apPly the i�umnce Pmcceds at L.ender's option ei��w reswrarion or rep�ir of the Property oz _ T_,: ".. -•. _ _
<br /> . t o t h e s v o m s s e c u r e d b y this Deed of uc�. "��..: ~�,-.� ::���
<br /> I�aed Untt Devdopmeute. , ,:.,-, .
<br /> - - 6. Fresesvatlon and Maint�ta�ce of Pt�np�tyi �ldsi C on d o m i n lums3 -��.,•�tw:�.rr..•..e..
<br /> BornoweQ st�111�aP the PmpertY in S��F�a�d s1�ll aot commit wasse or permit imgurment o:deterio�ation of the " :.
<br /> '�^.,=`-�,�.r,.,. .,�....,
<br /> • property and sball comply arith the pmvlsions oY a�yy leasc if this Deed of Te�is on a lqsehold if this Dud of Tnut is c.�w: ,.., .:.. :. '.,
<br /> � on a unit ia a oondominium or a planne�unit development,Borrower sball perform all of Boirowor's��nons ander the .. .�.: _
<br /> �� declaraflon or cavenants creadng or�veming the condominium or planned nnit dwelopmens,[he by-laws and regulasions '_���.-i.,,,.
<br /> of the cor.�^�ium or planned ao;t L�':'�elapsaent.a�ad consdtnent docaments. �ats conmined ia� '>`.i; ". -
<br /> ' 7.Proteaion ot Lmder's Sati�1tY• If E�DZSawer fails to peiform the covenants ar.�a�ree . .
<br /> . Dee�of Ttust.or if any zcdoa or praceedinS is commenced which materIally affects Lender's intenst in the Property.t4en • .
<br /> • � Lender, at I.ender's opdon, upoa a,odce to Boirower. may make such appeazances. distru�se such sums. inetadin8 �
<br /> . reasonabie attomeys' fas.and rek.�ch action ns is necessazY to Pmtect Lender's interest.If Ixnder required moagage ,�, , i�
<br /> ins�uance as a condidon of malriEg d�n.low secured by this IIeed of Tzust. Boirower shall pay the premiums reguired to . ' . ;
<br /> ' � SlIC21�DSIlI811u% �e�CCL L'III'� SI1C�1 �° 8$�1C ICQIIII��f02 SI1C21 inen*unra�CIIIpI1atC3 lII SCCOId8i1CL' WIf�1 ' . —.
<br /> Borrower's and Lender's written agreEment oz��cable law. 7.with intetest thereon,at the Note¢za:.shall become
<br /> � ' Any amounts dis'�.used by I.er..�er pars�iant to this pasagrapi� . .�
<br /> addidon�l indebtedness of�orra��secure�by this Deed of Tmst. Unless Borrower��p a8���f �6� . . � �
<br /> . payment� such amonnts sbali t� �ble ugon naflce from Lender to Boaower aYme� : �___
<br /> eonrained in this pam�Ph 7 s�ai�s��-e Ixnder to incur a�ry expense or take any action heceunder. `..,-
<br /> 8. pnspectlo�. �:.�er may mak�e or cease to be made reasonable entries upon and insAecaons of the Property, . --
<br /> provided that Lend��all give Boaower notice prior to any such inspection specifyin8 reasonaisle cause therefoT related to f
<br /> L _� .�.... . . — -
<br />•' �-- - � L.ender's iateresc in tl:e ProperaY• �` , ; -� �—.
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<br /> � Nebroska]b8763 11�96 O�'���al(Rocorde�) Capy(Sranch) Copy(Customer)
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