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<br /> I '�ROY WAMPOLB 1006A5 02/06/1997 "
<br /> UtViPORM COVENANTS. Bonower aUd l.ender covcnant and ageee as f�llaws: Q ',Q a��� � �
<br /> 1. Paymeut of Princlpal pnd lntereat. eorrower sl�ll pramptly pay when due T�if��nclpal and Interest �
<br /> iadebtedness evldenced by the Note uud late charges as pravided in d�e Note. ,' ��'
<br /> 2. Fluzdt[or Taxa a�d l�urance. S�ibject ro uppUcable law or a wrltten wAiver by l.ettder. Uorrower sh�ll pay to ' ,-
<br /> Lendar on the cis�y nuinthly payasents of pr[nsipal nnd inrerest are paynble under the Note,unt�l the Note Is paid in futl,n -�
<br /> , sum(henln "Punds') equxl to one-twelfth of d�e yearly taxes ond assess�eats(Including condomiaium and planned unit
<br /> . � develop:nens asse�smeats, if ony)whlch tnay attaln pdarfty over tLis Deed of Trust,uui ground rents an the Pmperry, if _
<br /> any,plus one•twelfth of yrarly premium Iiutallmeuts for ha�ard iasurance. plus one-twe[fth of yearly prenilun�iascallmencs . -
<br /> far mastg��e In.�utncc, if any, all as reasonably esdmuted lnid�lly and from time to time by L.endsr on�hc basis of �
<br /> a�ssessuneuts aad bills and ceasoaable cstimates thereof. Horrower shall not be obligated to�alcc s�ch payments of Funds ,
<br /> to Lender to the exteat that Borrower makes such paynients to the holder of a pdor mortgage or deed of t�ust tf such holder
<br /> is au iRSdtutioaal lender. , . •
<br /> if Borrower pays Funds to Leader, ttie Funds shall be held ip an insdtudon the deposits or nccounes of which are �
<br /> €nsured or guArnnteaD by a Federal or state agency(including L.ender if Lender is such an insdmdon). Lender shall agply -
<br /> the Funds to p1y s�id taxes,assessments,insurance premlums and graund rents. Lender rnay not charge for so holdtng and '
<br /> applying the Fu�ods, analyzing sald account or verIfying and compiling slid assessments and bills,unless Ixnder pays ,.,.,.,,.,�
<br /> � Horcowerinterest on the Fands aad applIcable law permit.Leuder ro make such a charge.Borrower end Lender aaxy Agrce '��x��--��•� _
<br /> im writing et the dme of eaei:udon of this De�d of Trust that i�teresc ua rthe Funds shaU be paid to Boirower,and wiless •:� z_�_��^-='
<br /> sucb agrawent is made or applicable law requims such Inrerest to be paid,Lender shall not be required to pay Borrower • ;_��*���
<br /> any intettst or esuul�8s cu the Funds. l.ender shall give to IIo�rower.without sharge, 3n annual acco,•n�of the Funds `-�� _
<br /> showiag credlts and debits to the Funds and the puipose for wblch each debit to the Funds was made. 'I'he Funds are � �;�.�:��_
<br /> pledged as addition�l securIty for the sums secund by thls Dad of rnut. — __
<br /> � ��:____ �
<br /> If the amount of the Funds held by Lender, together with tho future u►�ntbly installmeuts of Funds payable prior to i�,,.� .
<br /> � the due dates of tues,assessments, Insurance premiums and�cound ients,sl�ell exc,eed the amount requir�ed to pay said ' '�
<br /> taxes, assessmenta, Insurance premiums and ground rents as they fall due, sush excess shall be. at Bomower's opdou. � �'�
<br /> ei¢her pmmptly rep�id ro Borrower or credited to Borrower on monthly installments of Funds. lf the anwunt af the Funds `r.��;.
<br /> '� held by I.ender shtll aot be suf�ctent to pay taxes.Asse�sments.liLSU[BaCC pICm�UIILS Sud$i0und IORtB 0.4 thCy f811 d11e. .�r�=";=.• X
<br /> .. Horrower shall p�y to Lender any xmount necessaiy to make up the d�ficiency in one or more paym�enrs as 1.ender may '.-. :^. •
<br /> . requit�e. �
<br /> 2 Upon paymnent in full of all sums secumd by this Deed of Tcust, I.ender shall pmmpdy refund to Ho[rower any Funds �.
<br /> __-_: -__ �
<br /> held by Cender. If unckr paragt�ph 17 nereoi we i•mpetty is sotd or ciie rropccsy W uii.c�w�x�wy.:l,�iri=-•"d�z,I.t'�.'�".z —' --—
<br /> s�ll apply. no luter tlun immediauly prior to the sAle of the Property or its acquisidon by Lender, auy Puads 6eld by �
<br /> LeMer u the tiine of�pplicuEon as a crecUt against the sums secured by this Deed of Tcust. .
<br /> • 3.ApplleaRlon of Aayments. Unless applicable law provides oiherwIse,all payments received by Le�er under the �;� '
<br /> � Note and pangraphs 1 and 2 heceof shall be Applied by Lend�r fust in payment of amounts payuble ro Leader by Borrovrer •
<br /> � �der puAgraph 2 hereof.then to lnterest payable on the Note, and then to the princip�l of the Note.
<br /> ti 4.Pri�r Mat� �nd Dee� of Tn�st; Cl�ar�es; La�. Borrawer s1uU perform all of Borrower's oBligadons �� -
<br /> �•, under auy awrtgage, deed of uust or other security agrament wIth a lien which has pdortry over tbia Dad of'l�ust.
<br /> " ��' incfudivg Hotrower's wvewtnta to make payments when due.Bosower shall pay or cause to be paid All uxes,�ssessn�ents ,
<br /> � ' and other cLu�es,fines a�impasidons attributable to the Properry which may amiin a priorIry ovez thia Dad of Tmsc,
<br /> • �, aad le�sehold psyment�or gr�ound rents.if any. �� , _�°
<br /> s.g�arrl i�uurtoce, Iforrower shall kecp the impmvements uow exisdng or heceafter erated on the Property __
<br /> �,` ^ ' und such other La�uds as I.ender may
<br /> :�t;;� insured�gainsc lass by 6re,huuds i�luded wlthin the term extended coverage , `�,3g
<br /> ;�' nquIne�nd in such a�wunts and for such perlods�s Lender may requin.
<br /> Tbe insuranee curlt:pmviding the insvrauce shall be chosen by Borrower subject to appm�vs1 by I.ender; provided. __
<br /> �2ut such spprov�l styll not be unreasonably withheld. All insurance pollcies and e�enewals thereof s6�1 be un a form �
<br /> acc�ptsble to Leader�nd suall iaclode a standard mort8age clause in fevor of and in a fotm acceptable to Lender. Lender _ _ ___
<br /> stnll have tix right to hold the policies and renewals tlienof, subject ro the terms of any mnrtgage,deed of m�st or other __ -
<br /> . ' � ��{ty�g���wlth a lien which L�s p�iodty over ttus Deed of Taust. `_�
<br />--� In the event of loss. Borrower shall give prompt nodce to the intiucance caaier and I.ender. Lencler may make proof �..._______
<br /> • i of l�ss if not made pmmptly by Hasower. � ,°
<br /> `� if the Pn►perty is abando�d by Borrower. or if IIomnwer fuils to napond to l.ender within 30 d�ys from the date ' "'�"'"=�
<br /> , • ,. �i pei^�r=- �— .
<br /> �•�;' nodce is mailttl by Lender to B�rrower that the insurance carrier offers to settle a clsim for iasurance beneflts. I.end�r is ;�'.%�.��•
<br /> �,a � .�,�.---��.
<br /> C`�� authoriuA to collect and� 1 the iativrAnce proceods at Lender's o doa either to nstoradon or rep�ir of the Propercy or ..��.;,,,. ,•,�-•-}.
<br /> ..�� �PP Y p � r`���
<br /> . :�j; to the smss salued by this Deed of Tiust. �"� .. '"'.
<br /> ;::,.,. ,-T•
<br /> 6.PreBerr�don and Motntmancs of P.roperty I.e�sehol�sj Condanini�mms; Plsnned UNt Dievdopmasta. '"�,'��j'''''`-
<br /> � ' 1 w j.�t�C ijfl.,....
<br /> • ��`P.°'d�''s;`'"t
<br /> �� Botrowtr slull kap tl�cc Proporty in Bood mPair and shall not commit waste or permit impaimsent or deteriornx�oa of tho :,��.; .
<br /> �' Proporty and stnaA camply wlth tht pmvisions of any lease if this Desd of T►vst is on a leasehol.d.If tbis Dad of TnLCt is ,
<br /> �''�� on 4 unit in a candominium or u glanned unit develogment,Bonower shall perform all of Bonower's obUgadons under the • • ,
<br /> � dxlara8oa or covenants crenting or governing the coadominium or pl�unit development,tlie by-laws and regulations • •
<br /> of thc condominium or plant�ed unit develop�ment.and constituent documents.
<br /> � 7.Protet�ion of I.ender's Secwr(ty. If Aorrower fails to perfarm the covennr►ts and agreements contained in this �
<br /> ' Dad of Tnut, ar if any acdon or proceeding is commenced which materially aft'ects Lender's int�rest in the Property,then ..
<br />- _ —.— t�nder.at Le�er's ondon. naan nodce to Borrower, may m�ice such appearwces, clisburse such sums. i�luding ��. ,
<br /> _ _ _-- _
<br />_ - zraso�nble attorays'feGV,ancl talce such acdaa as ts messary to pmtect Lender's interest. If I.eader requiren mongage ., :
<br /> iasurai►ce as a candidoa of making the loan securrd by tWs Deed of Trvst, Borrower slWl pay t�e pnmiums requind to •
<br /> mainta[n such incur�nce ia effxt undl such dme as the requirement fnr such ins�ua�e terminates {n accordance with ' '
<br /> Horrower's uxl Leadec's written aEreement or applicable lew. '
<br /> ,. Any �wmoun�s disbuzsed by Lcnder pursvant to this paragraph 7.with interest therec,n. at the Note rate,shall become
<br /> addition�l i�debttdness of Horrower socu*rd by this Deed of Tnut. Unless Horrower aud Lcnder ag�ra to other terms of
<br /> • paym�ent, such emovnts shnll be payable upon nodce from I.end�r to Borrower requesdng payntent thereof. Nothing •
<br /> - contained in this p�t�gr�pv 7 st�ll requirt Lender co incur any expense or take any actioU hereunder. �
<br /> 8.Impection. Itinder may malce ur cause to be made reasonable entries u}wn and 'uu-pectionc of the Pcoperty,
<br /> = provided that Lender shall give Barr�wer nodce prior to any such inspection specifying nssovaUle cause therefor relatcd to
<br /> Ltnder's intercst iu tbe Property.
<br /> : � Ncbrsek�2G976-3 II/96 Original(Rocord�d) Copy(Hranch) Copy(Cuatomexl P,yc2ots ' ,
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