|
,�{� 1-
<br /> r�Y�i' ,
<br /> 'tiTl .. ' - .. . • .., �
<br /> o .
<br /> • HI Mk �
<br /> ' 4'j��f�•_� ••yl�w+ " . • ..
<br /> • � . � . � .�c. ..
<br /> . ,. � .,�rrri�:•.+�rSw,-_ �
<br /> _t -
<br /> , �;�P.�;y;:�:,.n-_
<br /> , ��^�• -,,. -- _
<br /> • wt.
<br /> . , . ., . :!�-.
<br /> 7l T'r� ��d'r . . . -;;�--.
<br /> ��� .�:��_--
<br /> 7. Prot�otion of L�nd�r's S�aurky. If Borrower feila to parform the covenante and egreements contalne I thle Deed o r e, If ;�'`�, '°
<br /> • any actlon or procead�ng ie commonced which materinlly effects Lender'a Interast in the Property,thon Lendst,at Lender'a option,upon notice -;��<:�-
<br /> to Borrower, may make euch oppearenCea,disburse such sums, including rensonebie ettorneys' fees, and take such eatlon as ia neceaeery to y.: �t�.�
<br /> proteot Lender'n Interest. If Lendor requlted mortyage Inaurance aa a conditlon o}making the loan eeaured by tNe Deed of Truat,Borrower ahell . �,�_ _
<br /> .ri-MtA .�•:=�_-.
<br /> � pay the premlums requlred t�rafntafn auch Ineurance In effect until auch time as tho requirement for such ineurence terminetea in accordanco , •��,,,"„ `
<br /> wr wfth Barrower's and Lender's written agreement or appliceble law. ' -�r•��'�`�-
<br /> � Any emounts dlnburaed by Lender pureuant to this perapraph 7, wlth ir.terest thereon, at the Note rate, shall become additlonal � :.f�'-_—
<br /> indebtedness of Borrower eecured by this Deed of Trust. Unlesa Borrowar and Lendnr agree to other terma of payment,such amountn shall be .�.0=---
<br /> peyable upon notice from Lender to Borrower requesting paymont thereo4. Nothing contained in this peragraph 7 ehall require Lender to incu► •""%°^-
<br /> any expenae or take any action hereunder. -_- _
<br /> ' � S. Insp�otion. Lender mey make or cause to be mado reasonable entfles upon and inspections of the Property,provided that Lender �=�m
<br /> � �hali give Borrower notice prior to any such fnspection specifying reasonable cauae therefor related to Lender's inte�est in the Property, '=-5;
<br /> ,i;�. .
<br /> 9. Cond�mnatlon. The proceeds of any award or clalm for damages, dlrect or consequentlal,in connaction with any condemnation or '° �
<br /> � other teking of the Property, or part thereof,or for conveyance in Ifeu of condsmnatlan,are hereby assipned end aF�ell be paid to Lender,sub�act '`°°
<br /> !l� to the terma oi eny mortgage,deed of trust or other securfty agroement with a Iien which has a priodty over thla Deed of Trust. :������-
<br /> � _ ;,-nrmc+��
<br /> y. 10. Borrow�r Not Rd�and:For6ar�nw By Lmd�r Not a Waiv�r. Extenslon of the time tor payment or modiflcatlon of amortizatbn , __ _
<br /> ;�_ ot the aume secured by this Deed of Trust granted by Lender to any successor in intereet of Borrower shaY not operate to reieaea, in eny _____
<br /> , menner, the Ilabllity of the aripinal Borrowar ond Borrower's auccessora in interest. Lender shall not be reqdred to commence prceeedMgs -- � _
<br /> Ageinat such auccessor or refuse to eMend time for payment or otherwise modlfy amortiiation of the euma securod by thts Oeed of Trunt by ��a�
<br /> reason of any demand mada by the original Borrower and Borrower's succesaors in Intereat. Any torbeerance by Lender fn exercising any rlght ���Ey-
<br /> or remedy hereunder,or otherwiae afforded by applicable law,sheil not be a weiver of or preclude the exercise of any euch right or remedy. __�*-�
<br /> � 11. Suce��son and Asdpn� Bound;Jotnt�nd S�verat Llabllity;Co-Sipnera. The covenenta and agreaments heroin contalnad ehaii I'c.;�.
<br /> bind, and the rights hereunder shaU inure to, the respectivo succesaora and esaigna of Lender and Borrower, aubJect to the provlalona of .---_
<br /> peragraph 18 hereof. All covenants and agreements of Borrower shall be Joint and several. Any Borrower who co-signs this Deed of Trust,but •`-Iw"*v"�°-
<br /> � does not execute the Note, (a)is co•signing this Deed of Truat only to grant and convey that Borrower's Intereat in the Property to Truatee unde� �
<br /> the terma of thla Deed of Truat, lbl is not peraonally liable on the Note or under thie Deed of Trust, and (c) egreea that Lender and any othe� �.
<br /> Borrower hereunder may egree to extend,modify,forbeer,or maY.e eny other accommodatlons with regard to the terms of this Deed ot Trust or ��,
<br /> � the Note,without that Borrower's conaent and wfthout releasing that borrower or modifyfng this Deed of Truat as to that Borrower's intereat in �•_
<br /> tM Property.
<br /> £---
<br /> �.
<br /> 12. NoUa�. Except for any notice required under applicable law to be given in another menrier, (al any not�e to Borrower provided fo►
<br /> tn this Doed of Trost ahall be glven by delivering it or by malifng auch notice by certifled mall addresaed to Borrower at the Proparty Addreas or =
<br /> at such other address es Borrower may deaignate by notice to Lender as provided herein,and Ib)eny notice to lender shali be given by cerUfied — ----
<br /> mall to Lender's address atated herein or to auch other address ea Lender may deaignete by notice to Borrawer as provided herein. Any notlae �
<br /> provided for in thla Deed of Trust ahall be deemed to have been given to Borrower or Lender when pivon in the manner deslpneted he►ein.
<br /> 13. Qov�rninp Law;6�v�►�bilky. The etate end locel lawa appllcebie to thia Deed of Truat shall be the lawa ot the Jurledictlon i� —
<br /> which the property is loceted. The foregoing sentence shall nat Ilmit the applicaWUty of federei law to this Dead of Truat. In the event thet eny
<br /> provislon or cleuae of thle Dee�i of Truat or the Note conflicts with applicable law,such conftict ahali not aftect o3her provisions of thle Deed of �+`
<br /> 7ruat or the Note whiah can be piven effeo4 without the conflicting provision, and to this end the provialona of thia Deed ot Trust and tho Note �
<br /> are declered to be severable. As used hereln, 'costa,' "expenaes" and'attorneys' feea' include all suma to tho extent not prohlbited by _
<br /> applicable law or Iimited herein, _
<br /> 14. Bortow�r'a Copy. Borrower ahail be turnlahed e conformed copy of the Note and this Daed of Truat at the ttme of executfon or
<br /> aher recordetion hereof.
<br /> 16. R�h�bilttaUon Losn Apnem�nt. Borrower shall fuifill all ot Dorrower's obligatlons under any home rehabllitetlon, Improvement, �
<br /> repair, or other loen agreement which Borrqwer enters Into with Lender. Lender, at Lender's option, may requlre Borrower to execute and �:�
<br /> deliver to Lender,In a tarm acceptable to Lender,as assignment of any rights,claims or defenses which Borrower may heve againat parties who _
<br /> .,� supply tabor,materiels or serv�es in connection wlth improvements mede to the property. _
<br /> � .'��_
<br /> 18. Tr�nst�r of th�Prapsrty or s B�n�flcial int�n�t(n Borrowe. If all or any part of the Property or eny interest in it Is sold or
<br /> tronsferred lor if e beneflclai intorest in Borrower Is sold or transferred and Borrower la not a netural peraonl without Lendet's prlor written
<br /> � consent,Lender mey, et Its optlon,require Immediata payment in full of all aums secured by this Deed of Trust. However,thla option shaA not �'__"
<br /> be exercised by Lender If exercise is prohibited by federal law ae of the date of thla Deed of Trust. �_=-
<br /> ,� If Lender exercises thla option,Lender ehall give Borrower notice of ecceleration. The notice ahall provlde a perbd of not lesa then 30
<br /> � deys}rom the date the notice is delivered or mafled wfthin which Borrower must pay all aums secured by thls Deed of Trust. If Borrower falla to �"`
<br /> poy these suma prlor to the explration of thia period, Lender mey fnvoke any remedies permitted by this Deed of Trust without further notfee or
<br /> � demend on Borrower.
<br /> � ,. '%fi•
<br /> . .r.n''.:
<br /> �-.p.. .:�t .'.ti^
<br /> j App�l 00108•98•0006 '`�"'�x.�E'�4L``. y � .
<br /> ' •�r;�.,?
<br /> IInitial :�` ,� Initfals:�� Initials: Initials:
<br /> � NEBRASKA•Second Mort4age- 1/80-FNMA/FHLMC UNIFORM INS7RUMENT •Form 3828 IPage 3 ot 6)
<br /> � Mnnagement Systema Development, Inc.1800)984•6080 Loan£nergirer!"' HNE DEED Copyright Ic) 1994
<br /> I
<br /> 1
<br /> - - ---.-_-- --._--.
<br /> �
<br /> �_ _ _ _ _
<br />
|