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<br /> . ' FHYL FiORAK 200709 01/30/1997 ` . ` }.".�_ g 2
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<br /> 'i UNiFOitM CovEivaN7's. Hormwer an�Lender covenani aud agree as follows: � .� ° ' . ' . ��; :"_'
<br /> 1. Paym�,t of �at�pal snsl Ins�+e�t. Barmwer shali P�mP�Y �Y when due �e principal ansl intsresc ; -
<br /> ins�btedness erridenced bp tht Nou aud la3e chazges as pravided in the Note. '` `,.� 1
<br /> a. Fands fax aaa�and Ias�asnc�. Subject to aggllcable law or a wrIaen waiver by Ixnder,Boirower shall pay ta i, n
<br /> . L�ead�on tht day mondilY Pa3mu�s pf princ[pal and jntsrest ane payable uoder the Nae.until she Note is paid in fiil1.a � ' , :. 1
<br /> ! sam(hznin'Funds')ecgnal to oae�twxlf�of the yearly taaes and�..r.�TMpms C�ncluding oondominium sud planned uuit ' .
<br /> .� � develapment a�nts.if aay)which maY att�in Priority over dus Deeti of Trus�t.and 8mund ienrs on tl�e Property.if : ; • •ii�`..
<br /> ! �Y•Plns ono-twelfth of yeady premium insta��*�*!�for ha7ard insviance.Pius oae-twelfth of yearly pisminm insrallmeuts . '
<br /> • ' for mortgage ins�a�e. if aay. all as ceasan�ably estimatrd initially and from time to time by Lender on the bas�s of _ . .,�''<
<br /> : i assessn�ents and bills and reasonable essimates thereof. Horrovrzr shall nnt be obligated to make sach payments of Funds �� . ,,:�-
<br /> • l W I,ender to the eatent that Borrower makes sach pay�nts to the holder of a prior murtgage or deed of erust if such holder r. . , , - � . -
<br /> � � is an iIIStimEional tender. .
<br /> If Botmwer pays Fnnds to Le�er, the Fuads shall be held in an iastitution ths degosus or accounts of which are � . . �;
<br /> , insated or guuanteed by a Fe�eral or state agenc3►('wctuding Ixnder if Lender is sacii an institntion). I�uder shall agply , . . . ' '
<br /> � the F�ds m pay said taaes.assessmants.ins�nrance pre*�!i and gcoaad rents.L�ender may not charge for so hnlding and , < .
<br /> aPFt9�8 the Funds. analyang said acxovnt or vezifying and compiling said assessme�and bills. nnless Lender�ays . . . .
<br /> � Bormwer iniensc on the Fuads and applicable law peuuits Iinder w make sach a charge.Bormwer and I.ender may agree , ,-Y=:. , �
<br /> . in wrtti�►g ai the dme of execntion of this Dced of Tcast that insemst on the�unds shall be paid to Bormwer,wd wzless ' • . � ,�
<br /> sach agreement is made or applicable law ra�ires such interest ro be paid,L�der shail not be requtred w pay Boaower , ".: �--.'•�
<br /> ..• t interest or on the Funds. Lender shall e w Borrower.�rithout cl�aege.an a�ual accanntiRg af the Funds • '"�""�� "
<br /> anY eamin8s giv : ;.�:=: ..>. .
<br /> shovving aedits and debits to the F�nds and the puipose for�v6ich each debit w the Fm�ds was m�e. 17ie Fuads are • �. , _
<br /> �ledged ns��!airi��ty for tbe sums secuied 6y this Deed of Tsnst. ',•' • �. ,
<br /> .. �.y_...; �.
<br /> , If the a�ount of c�t.Fands held by I.ender. togetl�er with the futare me+��+��»+�n?�of Fnuals gayable prior to .
<br /> ' : ' •,:c��rr�:..
<br /> . the due daies of taxes.asses�ents,insuraIICe preminms and gronnd rents,sDrall exceed the amount reqnired w pay said ' : �;.+e�°
<br /> .. �[� 9CCP�:C -irt¢� incrrAnrn�y�t,;����p�IC7115 8S i���1C� S4C�L CI(CC83 S�l�� 2� BOIGDWCI�S 0�3tlOL. _.._:. '��� �,.
<br />`%��-� either PmmPt1Y r�id w Boirower�r�edited to Boaawer on m�atLlq installments of F�.s. If the amo�i of the Funds • . ��
<br />. ,� held by Lender s6a1�n.at be suffici�w pay taaes.assessmen„��suiance p�miams and gaaund rents as they fail ctne, : ��
<br /> s6a1 �/
<br />� � Borrowez ai,a1l pay w as:dei auy amnani necessary to make u�dx defici�cg in one or mnre payments as i.,;w;tr may ' '" .` �--
<br /> ' �`+Y. �si �/�s
<br /> ': �. �•.����!t t. _��� `'�''
<br /> " Upon payment in full of ail sums secured bq d�is Deed of Tr�w"t,Le�ader shall gmmpSy refimd w 8omnwer any�wffis � �-� : ` �`"�
<br />;�`'':..� heYd by Ixffier. If rmder ptuagraph 1T hemof the Pmpecty is sold or the Property is oWx�w3se acqaired bY Lender.Le�ader . � �� ¢ ' =.
<br />;.:::.� . ��' :z .!. � .
<br /> � - sbalD agp29. no later t�aa imm�iately Frlor to the sale of the Progerty or its acqnisidon bp I.ender, aa9 Funds held by �.;;., .
<br /> Ixndea ai t�ttme of�on as a credit againss tbe svms seciued bq Wis�Q of Tmst. •";. •
<br /> '-�'�' rLe:� ; �
<br /> 3.Appllc�atian�21I�pm�. Unless applarable law pmvides othecwjse.all papmenYS received by L�cler m�der the �
<br />;..j':;:% Note assd ga�agrlgbs 1 a�d 2 h�g�111 be applir�by Lender first in payment of amonnts paYable w Leadrr bq Borrourer ;:;�`�' i j _
<br /> •,.%.'}. pader par�ph 2 he�eo�dien w i�payable on the Note.and then w the pr�ncipal of t�Alote. ` -�;..� - �'�'
<br /> � 4. Prlor Mortg�es and Dee�of Tras� ChurS�; I1eav. Hoirower shall perfarm all of Baaower's obligadons � Y�•� ' -;� : -.
<br /> . ;, a�er anq mortgage. deed of unst or other secarity a�nt with a lieu which I�as p�Iority rner tbis�ead of Tzast. �'''=:.�', .. -�•: --
<br /> inclndi�ng Boauvicer's coveaaats w Ynake paym�nts vrhen due.Boaawer shall pay or canse to be paid all�ces.asse�enis - �:,,:.: ;���.�f • ,
<br /> and other c�r�ea.fines and imposidoag atm'b u t a b te w t h e P m p e rt y w h i c h maY a t t a i n a p�io ri t y ov e r t h i s D e e d of T m s t, -:t i
<br /> � and le�sehold paymenis or giaand rents,if azry• e. ���
<br /> � S. Hazard Ia�nm'ance. Bouower sball lceep the improvementq aow e�sdng oi hereafter erected on the Pmperty „��,,� •.,,�;
<br /> ' • insuied ag�iast loss by Sie.ha�rds includrd wItbin the term'eatende�coverdge'.and sach ot6er ha�ds as I.ender mey
<br /> zeqrdre ana in sucn amonnts�a for sach pedoas as r.ander may reqaire. -�.�;_�-�..
<br /> '�� The insaran�ee cau�er providing tt�e insamnc�e sha11 be chosen by Bataower subjea to agpraval by Lender:Pmvjded. �;.,�. - :
<br /> ' d1�t SIiC�t Sppmval sh911 110t bC uui�3SOnSbly Wi�hheld. All i�-ca�nce pp1ICIC8 3nd ICt1eW3�.4�hCICOf Sh811 be 3II 8 t'OIIri �. s
<br /> �:,.
<br /> : . acceptablo ta Lcnder and s6�ll inci�a standard mortgage clawe in favor of a�in a fmm acoCptable w I�nder. Ixadea °•�.a���,,.-
<br /> shall I�ave the ri�t to hnfd the poHcies and reaewals theleof,subJax to the tetms of any mortgage.deed of uast or otmer .:�r.'�'�����::_---.
<br /> � ��..-_� �,:
<br /> sec�city agreeme�with a 3�en w1�ch has prIority over tbis Deed of 7mst. � • ->:�... , r
<br /> In the eveni of i�uss.Borrower sLall give pmmpi nodce to t�iasvtamce carrier and I.eader.Len�der map make Pnnof .. _.-.���` ,--
<br /> � of loss if mt mada pm�pdy bq$o:rower. �,.�;�:.,��:�r.•i��'; ;
<br /> If the Pmperty is abandoned by�oaower. or if Botrowea fa�s to respond to Lender wlthin 30 daYs from the clate _- . -:'`':`.�._.�,: .�i.
<br /> nodce is m�ailed by Le�ader to Boa�wer that t�e 9��TM�*!�cairier offers to sersEe a claim for insurance be�efits,Len�der is . --
<br /> B
<br /> � autharizod to coltsct and apply the insntance pr�cceeds at Lender's option either to r�sWration or repa�r of the Pmperty or . -. • ���:`
<br /> to the s�s secure�by tLis Deed of Trust. �
<br /> 6. �reservatlon and � of Propertyi I.eas�8oi�i Condomini�st � Udt Deseiopmeots. •- __��,�:,���.:_� �
<br /> � Borrower sd�all tcoep the Praperty in good repair aud shall not oommit waste or peimit irap3itmeat or deteso:adon of the ,--:;.;,�:---
<br /> � property and sh�ll comply with me provisions of any lease if this Deed of Trast is on a leasehold.If this Dee�uf Trus�is •
<br /> � . on a unit ia a conc4�minium or a planned nnit develapment.Borrower shall pecform all of Borrower's obligadons under the �
<br /> declaradon ar cavs�ls creadn8 oI 8ov�min�t7�condom�niu�or planued u�.t developme�.the hy-ta�vs and regulat�ons . �
<br /> • of the om.n�n�ni�or planned unit develo�ment.and consti�.�t da�amaents. � .
<br /> 9.�tectlon o!Lmder's Sea�ity. If Botrower fau7s tD psrfotm t�e cavenams s�d agreements contained iYa et�3ss �:':1,;
<br />� Dced of nast,ar if suy acdon or procading ia commeaced w�ich materiaHly affects Lender's inurest in the Pmperty,da� . . .. � �,�
<br /> Lender. at L,eader's opdon. upon natice to Borrowor, may make such appeazances. disbmse sayc�� �ms. i�tud�n8 .
<br /> neasonable aunmeys' fees.and talce sucb a.ction as is necessary to protect Lender's intsiest. If Leader�uiiecl mortBage � o.,-
<br /> insuza;��av a con�itioa of matdng the toaa sec�ued by this Deed of Tnut.Borrower shall pay the p�reqa�ired to •
<br /> n�aintain such insurance in effect undl snch dme as the re�uirement for snch iasvrance terminates in accordance vr►sL .: .
<br /> Bom�wer's and Lender's�nitten agreement or appllcable law. • '�.' `�� .. .--
<br /> I�ny amounts disbursed by Lender gmsua�to this puagnpb 7.wIth in2erest chereon.at the Note rate.s6all become . . ---
<br /> additioml indsbtedness of Bosrower secvred by this Deed of Tcust. UNess Borrower and Lender agrae co other terms of . : � ��,°.
<br /> • paym+e9� such affiounts shall be payable upon nodce from Lender to Borrower requestin8 PaYment thereof. Nothing • . .
<br />- • co�ir,ed in tflis paragisph 7 shall requim I.ender to in+etu any expense or take a�r actioa heieunder.
<br /> 8. Tnspeetlan. Lender may make o: cause to be mads masonable entries upan and inspections of the Pmperty. °
<br /> pmvided that I.ender shall give Borrow�r notice prior to azry such inspection specifying reaso�ble cause therefor related to f � �!
<br /> , Lentter's intcr�t m the Pcuperty. � -- ----� ' �`.
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<br /> NeDraska 2687Cf3 11/96 Origiaal(Recorded) Copy(Bsaach) Copy(Cuatomes) page 2 ots "'"`-'
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