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<br /> 'SHAWAI FRY JBNNIFBR FRY �$��1►1139 101782 02/10/1998 � . ,:;
<br /> UMPORM CoVENANTS. Borrower and I.ender covenaat and agree as foilows: „ �
<br /> 1. Paymeat of PrindpAl and Iatere�t. Horrower shall prompdy pay wh�n due the principal and interest �^
<br /> indebtedness evidenced by the Note and late charges as provided in the Note. �
<br /> 2. Ft�n�tor TaxRS and Ia9ueaace. Subject ro appllcable law or a written waiver by Lender,Borrower shall pay to �
<br /> Lender on the day raonthly payments of principal and Interest s,re payable under the Nute,undl the Nate is paid in fi�ll, a :�,;—
<br /> sum(herein 'Funds") equal to one-twelfth of the yearly taxes and assessments(including condominium and planned uait � ';�y
<br /> development agsessments, if xny)which may attain priorIty over this Deed of Trust,and grouad rentx on the Praperty, If „ `�'"'"
<br /> any,plus oae-twelfth of yearly premium installments for hazard insurance,plus one-twelfch of yearly premluui inscallments ,
<br /> for mortgage ic�sunwce, if any, all as reasowtbly esdmated initlally and from dme to dme by Lender on the ba�is of , _'���
<br /> • assessments and btUs aad reasanable esdmates thereof. Horrower shall not be obligated to malce such payment�of Funds �
<br /> ' to Ixnder to the exteni tLat Borrower makes such paymeats to the holder af a prior mortgage or deed of trust if such holder �.
<br /> � Is an instltudonal tender. _r�'
<br /> i If Borrower pays Fund.g to Lender, the Funds shall be held in an insdtudon the deposits or accounts of whicb are
<br /> , insiued or gusranteed by a Federal or state agency(including Lender if Lender is such an Insdtudon). I.ender shall apply .'=`
<br /> ..:r. __
<br /> � the Funds to pay said taxes.assessments.insumnce premiums and ground rents. Lender may not chuge for so holding and ._:a-- .. _
<br /> � applying the Funds, aaaty7ing said account or vedfyiag and compiling said assessments and bills, unless lxnder pays ,.,.
<br /> ' Borrower intenst on the Funds and appHcable laev permits I.ender to m�lce such a charge.9orrower and I.ender may agree ��
<br /> � ia wridng at the dme of execudon of shis Deed of Trust that interest on the Funds shall be paid to Borrower,and unless =_
<br /> ' such agreement is a�ade or applicable law requires such interest to be paid, I.ender shall not be reqtured ta pay Banower _'—`
<br /> any interest or eacaings on the Funds. Lender shaU give to Borrower�wlthout charge. an annual accounting of the Funds � �"`
<br /> showing credits and debits to the Funds and the pucpose for whtcb each debit to the Funds was made. The Funds are _
<br /> pledged as addidonal security for the sums secured by this Deed of Tnist. . __
<br /> If the amount of the Funds hcld by Lender, together wIth the future monthly installments of Fumis payable prior to =- _
<br /> � the due dates of taxes. assessments. insura�ce premiums and ground rents, sball exceed the amount required to pay said � �__��.
<br /> • taxes. assesstnents, insnrance premiums and ground rents as they faU due. such excess sGall be.at Borrower's apdon. '-M-
<br /> either prompdy rep�id to Borrower or credited to Borrower on mond�ly instaUments of Funds. If the a�ount of the Funds �°,:}`:;-
<br /> `�. held by Lender shaU aot be sufticient to pay taxes. assessments,insurance premiums aad ground rettts as Wey fall due. •":,;;_
<br /> Borrower shall pay to I.eader any amount necessary to make up the deficiency in one or more paymeats as Lender may ::��r���_.:=
<br /> re4�ire• ,�;��■��i
<br /> �� Upon payment in fuU of all sums secured by thts Deed of Tiust, I.ender shall prompdy refunci ro Borrower any Funds ,;��
<br /> held by Lender. If under paragraph 17 hereof the Property is sold or the Praperty is otherwise acquired by L.ender.I.ender :j�°_
<br /> _ � ���„ � �s � ���lia�eiy pdor to the sale of the Property or its acquisldon by Lemler. any Funds held by ;
<br /> Lender at the dme of applicadon us a credit against the sums secured by this Deed o�Trust. �-���
<br /> 3.AppUeAtioa of Payiaeuta. Unless applicable law provides atherwlse,all paymeats received by Lender under the -'�����:r
<br /> • Note aad paragraphs 1 and 2 hereof shall be applied by Lender first in paycnent of amounts payable to Lender by Bonower i "-
<br /> ti under parxgraph 2 hereof.then to interest payable on the Note, and thea co the principal of the Note. "4'?
<br /> ��� 4. Prior Mort�a�es and Deeds of Trtut; ChwrQes; Uens. Borrower shall perform all of Borrower's obligadons ��-'
<br /> s` under �ny wortgnge. dced of tNSt or other securlty agreement with a lien which hes prIorlty over this Deed of Tiust. <; '�'`
<br /> ' including Borrower's ccwenants to make paymcnts whoa due.Borrower shall pay or cause to be paid all taxes.assessments _
<br /> r and other chuges,fines and imposidons atuibutable to the Propercy which may attain a pdorIty over this Deed of Trust, �+-----_---
<br /> • and leasehold pAyments or ground nats.if any. ==- -- �
<br /> '. S. A�rd Imur�nce. Borrower sbaU keep the improvements now existing or hereafter erxtetl on the Pruperty E�'°—"—''
<br /> insuned againct loss by fire.hazards included within the term"extended wverage".and such other haTards as Lender u�ay _ _
<br /> require and in such araonats and for such periods as I.ender may require. �
<br /> � The iasurance carrier providing the insurance shall be chosen by Bomower subject to upproval by Lender; provided. __�—
<br /> tbat such stpptoval sball not be wueasonably withheld. All insurance policies and nnewals thereof shall be In a form
<br /> ' acceputble to Lender and shall include a scandard mortgage clause in favor of and in a form accept�ble to Lender. Lender --
<br /> � shAll have the right to hold the pol�cies and renewals thereof, subject to the tern�s of any mortgage,deed of tn�st�r other ___
<br /> ' sectuity agceement wlth a lien whtch has priority over this Deed of Trust. •� _-____—._ _
<br /> In tlie event of loss,Borrower shall give prompt nodce to the insucance carrier and Lender. Lender may malce proof ,__
<br /> of loss if not wade prompdy by Borrower. - -''�'�'�°='`�'
<br /> S�� r
<br /> If the Properry is abandoned by Borrower. or if Borrower fails co respond to I.ender wIthiu 30 days from the date -�'; � :
<br /> 1 notice is tnailed by Lender to Borrower that the insurance carrier offers to settle a claim for iasurance benefits. Lender is �' i ��,;�t-.
<br /> authorized w collect and apply the insurauce proceeds at Lender's option eit6er to restoradon or repair of the Property or =.� .-°'�ti:';'•
<br /> ' to t�a sums secu.recl by this Deed of Trust. � ��`� r
<br /> { 6. Preservatton and Malntenance of Property; I.easeholdg; Condomialums; Pfarmed UNt Developments. �� �'��;:�
<br /> � IIorrower sh�ll keep the Properry in good repair and shall not commit waste or permlt tmpairment or deterioradon of the • - • • '
<br /> ! Propecty and shall comply with the provisions of any le�se if this Deed of Tn�st is on a leasehold.If this Deed of Trust is
<br /> on a unit in a condominium or a planned unit development,Borrower sball perform all of Borrower's obligadons under the
<br /> � declaratton or covenants creating or governing the condomiaium or planned unit development.the by-laurs a��d regulations
<br /> ' of the wudominium or planned unit development.and consatuent documents. �
<br /> ; 7. Protectioa of Lender's Security. If Aorrower fails to perform the covenants and Agreements contained in this
<br /> Deed of Tn�st,or if any acdon or proceeding is commenced wtuch materially affects Lender's intemst in the Properry,then �
<br /> � Lender, at Lender's opdon, upan notice to Borrower. may malce such appearances, disburse such sums. including �
<br /> reasonable attomeys' fees. and talce such acrion as ts necessary to protect Leuder's interest. If Lender required mortgage
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<br /> maintain such insurance in effect until such ame as che requireaient for such insurance terminates in accordance with i
<br /> Borcower's and Lender's written agreement or applicable law. �
<br /> Any amouuts disbursed by Lender pursuant to this paragraph 7, with interest thereon, at the Note rate, shall become
<br /> addidonal indebtedness of Borrower secured by this Deed of T:ust. Ualess Borrvwer and Lxader agree ro other tern�s c�f
<br /> payment, such amounts stiall be payable upon notice froni ixader to Bormwer requesdng payment therec�f. Nothing i
<br /> contained in ttus paragraph 7 shall requim Lender ro incur any eapense or take any acdon hereunder. �
<br /> 8. Inspection. Ixader may make or cause to be made reasonable enuies upon and inspc�tiuns of die Prupetty, �
<br /> provided that lxnder shall give Borrower notice prior ta any such inspctitiun specifying reasonable cause therefor relared to �
<br /> Lender's iaterest in the Property.
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<br /> Nchraskn 2687b�4 tiva Origindl(Recorded) Copy(eranchl Copy(Cuetomer) P.��:c 2��t 5
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