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<br /> J�' ��Q�G:� aoo�i� O1/31/2997 r. � . , �L _.
<br /> DOU(3LA6 A BBRI+I� (� . —
<br /> � . UNtFORM CovENwNTS. Borrower and Lender covenant aud agtee as foII�when due the prin:.ipal and iaterest -- -- - - - .� �.
<br /> � 1. AOymeat o4 PcInslPsl and I�erest. Borrower shall DromPttY PaY . . �
<br /> . � indebtedness evid�nced by the Note and late c.haxSes as Fmvided in the Noce. ' .. —
<br /> .,�;.
<br /> � 2.Ftmds for Tea�s an��as�ncanoe- Sabject to apglicable law ar a wriaen waiver by Lender.Borrower sball pay to ..--
<br /> ` of risir.ipal and interest are payable under the Note.until the Note is paid in full.a . �
<br />. ixnder on the day montWy PaSm��s P � condominium and planned unit . , ._:
<br /> • snm(hetein'Funds')�to one-twelftl�of the qearlY ta�ces and assessments(� �S �rents on th�Pmperty.if : . . , '..'�,
<br /> � developmeat acs�ments. if anY) wIrich may auain priority over this Deed of Tmst.and 8� remium iastallments � � ' '
<br /> ' aay.plus one-twelftb of yearly premiwm insraWnents for ha7ard'ans�uance.Plus one-twelflh of yearlY P f
<br /> •, � for moagage �. if any. all as reawnably esamaced imuallY aud fivm ame to dme by Leader on�Obasis�f '
<br /> assessmenis aBtl bills and teasonable esdmates thereof. �s to the holder of prior mu�gage oT�deed of pm�st�such holder ; � ._-
<br /> ' ; w Lensier w the exte�that Boriower makes suct►PaYa� � .a--�-
<br /> is an institarional tender. � � ��
<br /> ' If Boaower gays Fnnds to I.ender. the Funds shall be held in an iastia�Eion the deposits or accauuts of which are �; . . .
<br />� ' ia�d oI gaatanteed by a Ftderal or state agency('�aclndin8 Lender if Lender is such an institnuon}.L.ender shall apP1Y ; ,
<br /> ' � the Fmods to pay said taxes,assessmems.insarance Premi�►s and 8�nnd cents. L�er may not charge for so holding a� '
<br /> � said account or verifyin8 and comPilinB soid assessments and bills. unless Lender pays f • .
<br /> i
<br /> 1, applying the Funds. analY�ng hcable law permits Lender ro m�ke sach a charSe.Barrower and Ixnder may aScee . .
<br /> BQavwer interest on the Funds and aPP� d w Bnrmwer.antl anless .
<br /> in w�aung az th�ti�of execuuon of this Deed of Tcast t�t���aid eLende s't�31 n�ot b�e required to pay Boaowex � ,.:':-`,:.� . ,
<br /> w a yRCh i�t�t P '
<br /> � � sas�a�eemsni is made or applicable law requues of the Funds Y ` ':.`;::: .
<br /> an interest or eamings on the Funds. Ixndet sha11 Sn'e m Boicower.without charge. an an�at accountin8 f. . ;:°;z;:;` . ::*.:�`:'
<br /> y se for wbich each debit to tl�e Fnnds was mad�. The Funds ane �°.,`. �
<br /> ' sho�ving crediss a�d debits to the Funds and the puipo
<br /> p2�,,s�d as a�iti��al secn�itY fir the sa�ms secared b9 t�s Deed of Tmst. le �or to ' •
<br />� i with the faUUe momhly i�stallments of Funds P�Y� F - . ;'�:�-
<br /> • . I�[3�e amount of the Fm�s held by Yxnde+r, �S sud 8mnnd renLS� shall exceed the amoant re�aired m PaY�d •< � ' ���: _
<br /> � the dne dates of ta�ces, ass�en�s�i�uance P��' ��� such acc�st�all be. at Boirower's option. , :._.
<br /> iBECS. a�• �e Dlemiums a�d��' Ie�ss as they ', � ,.; _�.T.`G_�
<br /> �� either pmmptly repatd to Boaower or ccedit�l yo Boaower on mont�lg ns�allments of Funds. I��amonnt�O y�� . .. ,�, =
<br /> held by Lender shall not be suffieient to pay taxes.ass��,�Premiums and�� �e� •__
<br /> ��t w make uP the dz�iri�cy i��or mo:e payments as Lender may ::;, �• -
<br /> � �j Hoirower sball pay w Lender auy �-�' .;,U; -. `�
<br /> , Iequire, b dris Deed of Tmst,I�-°r sbali prflmPdY refand w Borrower any F�ds ;':�stk;;;:.• .s'.�; �" `�
<br /> ; ;: ppon papment in full of all sums seruced Y
<br /> h 17 henof the ProPert9 is sold or rhe FnoPercY is arherwise acqmred bY Lend�r.I.ender � � . �
<br /> held by Lc�der.If under paraS�P �mrds held by �.,':' �: ,
<br /> • sha11 aPP1Y, no latec than immediatelY Prior to the sale of the PropertY or its acqui�ition by Exnder. auy
<br /> b this Deed of Tius� �;'':°,��' '� —
<br /> Lea�der ai the dme of applicattoa as a c�edic againsc the sums secared Y G�.;,;t�}: : ; r� •
<br /> Lead roceived by I.eu�der wader the � ,� �:
<br /> � 3.Appllc�tlon of Papa►�s. Untess applicable law provides othecwise.all Payme�s �';,if�•`..:��i, •, ' � �
<br /> nt of amowats paYable w Lender by Boaower `t, � �
<br /> . ' `! —
<br /> � : � Note and p a r a 8 s a Pl�s 1 and 2 hereof shall be applied by�Nlxuder���p ri�ip a l of the Note. . �;;�,;. ;._
<br /> � ..r.',� u n d e r pua g r a F�2 h e r e o f 4 t h e n t o i n t e r e s c P a�fi l e o : —
<br /> �,'� and Deeds of'fira�t; C4a�'�es� Li�s. S��wer st�ll perform a!fl o f Boaawer's o b li g a d o a s / � `. ;;��( ';
<br /> b. PcLoT Ndart�ges ut with a lien which�priority over this Deed of Tn�s� .:: .'.. .���c.;:-.;- .
<br /> , - ��r a�y m u rt g a ge. deed of avst or othtr secutity aBreeme ';;,�y�;..:,''." ;,=`',t" �
<br /> .I•,;� incindin8 Borrower's covenants to make AaYments when dne. Boaower sbsill pay o7�to b e p a i d a U taxes.asse.s�weats .,; : '�'�; —
<br /> fines and imposidons attn'butable to the PraPert3►which may aaain a p�aority over this Deed of Tcast. ;.,
<br /> . �c and other eba�ges, . ;" `:�
<br /> nts or nnd rents.if anJ►• t+�x_�,_,-��-�
<br /> � . ,;� and leaseho2d PaY� �Borrower sball kQep t�e�Pi'�rements now existin8 or here�er eiected on the Propert� �. �. .�•.�:
<br /> s.sazua r�wrance. ��.,.;K
<br /> �. �nsured againsc lass by fue,UaTards included wi t h i n t h e t e i m°e x t e n d e d c ov e i a ge".a�such other ha�rds as Lender may . ��`._—-
<br /> require aad ia such amouats and for such�lnsuiaace sba11 be chosef n by Hoimwer subject to appraval by Lender;pmvided. .
<br />. � � The iasuiance c�rcier providin8 the lictes and renewals thereof shaU be in a foim .���
<br /> ' � that such aPPmva1 shall aot be anreasoaably withheld. All iasvr�xe Po le to Ixnder. 1.ender __ —..
<br /> � accsptable w Lender and shail inctnde a staudard mongage clause nm�vor of and in a fonn acaptab , � ,�", .
<br /> sball Lave the right to hold the policIes and renew�ls thereof.snbjecc zo the terms of suy mortgage,deed of trust oi other �� ,Y'�-,.�_-:
<br /> .t`., r i�':".M,�„'r
<br /> �; �ity agrcement arith a lien which bas priority over this Dced of TiasG �r may make pmof _
<br /> Borrower shali give pmmpt notite w the insivance caaier and I�ender• '''` r• �
<br /> � In the event of loss. , �
<br /> .• �'�<� of loss if mt made prampUY bY Botmv�a. nd to I�ender within 30 days from the date .....
<br /> if Boirower�c�respo ;�..
<br /> .� ! If the Prop�nY�abandoned by l�uwer.or . .:
<br /> .. �_
<br /> � notice is mailed by I.ender to Borrower tt�at the insurance caider o��s to settle a clsim for ins�uance benefits•Lender is ..'';�. �
<br /> � a���o collect and apPly the ir�sarance Proceeds a�Lender's opdon either to restozadon or cepair of the PmpertY at
<br /> .. ' to the sumo�?rurerllry thia Deed of Ttust. . .
<br /> L�seh�:�; Con�amintumv: Plsnned Unit Devdopme�s-
<br /> ',��,; 6. Prasarvatloa sns!Mai�eaance of Proptttyi t ��or deterloiadon of dse
<br /> . . Bo:rower sl�ll keeP the Pr°PenY in good rePair and shail not cam�:t araste or petmi imP . �
<br /> wlth the pmvisions of any lease if this Deed of T:astIm all of Boirower s obl�iSas�ons nnder�:e . � .•
<br /> _ property and sball comP�Y —
<br /> : on a unit in a wndominium or a pl8nned unit d�elo�pnmed�um o=P�P�O�'-a dt.welopment,the by-laas a�r:gnlations —.-
<br /> ' decluation or coveflants c�iylg os Savemm8 •
<br /> �. �:�: ,;; of the co�a�ninm or planned urit�:u�opmens.and consdtuent doccannents. �nts contaiioed in�b.:s �. .
<br /> � 7. Aotedion of Lender's Se�. If Bormwer fails to perform the cwenants aa�l�
<br /> � Deed of Tiast.or if a�r aaioa or pmcee',.:ng is commenced which mate•riaUY agfe�Lender's'�^senst in t�e Pmpert3+.c�.� . :. ���:
<br /> ,�� � Lender. at Iinder's opdon. upon notice to Bam�wer. maY make snch a�. disbutse such �►ms. includin8
<br /> mortgage
<br /> reasonable auomeys' foes.and take such acdon as is t�ssuY to Pmtect Lender's inte�est. If Lender —
<br /> � � ;��ce as a conditfon of makin8 t�.e loan secured by this Deed of Tzast.Bomower shaU pay the pnmiwms requwted to —
<br /> maintain such insurance in effect ur.3i1 such time as the requirement for such insurance terminates in accordance with .
<br /> a�•
<br /> Boaowu's and Leudrr's written agreement oz applicable law. .
<br /> pny�disbursed by l.ender puisuar►t to this paragraPh 7.with interest thereon.at the Note rate.shall become .
<br /> � additional indebtedness of Borrower secured by this Deed of Tiusc. Unless Borrower ancl I.endsa a�th ore�o¢I N thin�
<br /> � paymen� sac6 amounts shall be payable upon notice from Lender to Borrower requesdng P Y�
<br /> contalned in tbis para�aph 7 sha11 require Lender co incar any expense or take any acdon hereunder.
<br /> � � S. Inspee�ton. Ixnder may make or cause to be made reasonablaon tries �n��caue therefor re�lated to �
<br /> ' provided that Lender sha11 Sive Borrower notice prior ro any such insPec' spe�� 8
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<br /> I.ender's iuic�est ia itte Prog°-nY• � . --
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<br /> Pnge 2 of 5 � ��
<br /> Nebtaske 26876-3 11/96 �ig�al(Recorded) COpy(Hr3nCh) Copy(Cuetome�c) . . _- , ���
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