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<br /> , ' � .� << FttAT�iCIS W J�JSQN JR 98—���•$�'t 101816 02/19/1998 , . �,. ' "`
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<br /> eS fo310ws: �,` .
<br /> . , . � . UMFORM CoVENANIS. Boicowet aad LPnder o�venant and ag�ee when due the prjncipal aad iatemst . _' :
<br /> _ �, - �, �yme� of PpLns[�at and IIIS�t. Boirawer s1�a11 Pi'omP�Y PaY �.. _ °t.; .
<br /> � � . . . i n d e b t e d n e s s ev's d e a c e d b y t h e N o t e a n d l a t e d r a z g e s a s p r o v i d e d i n t h e N o t e. `°, . �
<br /> �
<br /> .. . Z.Flande for Taaes ead Insusanoe. Snbjecc w applicable law or a writtea waiver by I.en�er.�ommwer shail paY to , . . .
<br /> . . Flan .
<br /> ` . Lender on ths day mon�thlY PaYmears°f PrinaPal and iaterest are payabte under the Idote.until the Note is pa�d in fiill.a . .
<br /> . � � �(�r�in'FunQs')eq�al to one-tweiftb of the yeariy taxes and assessmeats(includ'm8 coadomudum aad plaaned uaic
<br /> , ��,if a�)wluch may aaain priority aver this Deed of Tmst.and graund cents on the PmpertY.if '- ,' : .V ..
<br /> � p l n s o n�t a e]f�►of Y�Y P�'�`�`"—�"L`for harard;,+�*,•a�:=.plus one-tweltii�of yearly pmminm instalimeats , .�:u�.,'..�.. .
<br /> .. ` .. , � any� Y
<br /> , � ' for mungage ins�anfle. if a�r. all as reasonably esdmated i�tiially and from ti�ne to tmze by L e n d e r on t II e b a s i s o f - t , ,
<br /> i ,
<br /> ` . - assessments and bills and reasoffible estimates thereof. Bonower shall not be obligited w make such payments of Funds 4,.�� .
<br /> - ---- -- to Le�er w the eaEeui that Bormwer make�such paymenrs to the holder of a paor mnrtgage or deed of mast i f s u e L h o l d e r . <
<br /> ' < is an instia�ional lendgr. � �• � `
<br /> . If gonower pays Fands w Iender. the Fuuds sball be IieW in an instiauion the depasits or accoums of wluch�e , . ..
<br /> � �. �or gaarameed by a Fedeial or state ageucy('inctnding Lender if Ixnder is such an insdtution).lxnder shall apply =;�----
<br /> � : . ' the Fuads to pay said taxes.asses�meats,ins�nce Preffiums and gaound:eats.I�nder may not charge for so holding aud ;�.:'-.
<br /> � eats.
<br />- ; s � applyimg the Funds. anatyua�g said accouat or verifying and compiliag said ass�enrs an�hilts, nn2ess Leader pays � :,';��.?��`, __
<br /> �; Boimwer interest on the F�ds and a p p l i c a b2e law pe�t�Lender to make siuh a charge.Bomuwer and Lender may agree ��<< _, ,,
<br /> •��- in writing ai the time of eaecadon of this Deed of Ttust tbat�t on the Fands s6ari be paid to Bormwer.avd�ess ,,,
<br /> to Boaower
<br /> . . ' yvch agieement is made or applicable law requues snch iutecest to be paid.I.ender shall nnt be req�red PeY . _ _ �-.
<br /> � a em of the Fmuds
<br /> _ � an,y inte�est or�on the Fun�ts.Lendes shall grve w Ba�rower.witd�oui charge.an animat atxo�Fnads are _ -
<br /> � 'E shavuing credits and debits to the Funds and the pnipose for which eacb dehit w the Fimds was�¢ade- �. � ,: __
<br />- � ` • ,I p3edged as addittonal sec�itY for the sums se��are�l bY tt�is Deed of Ttust. ._ __
<br /> y le r�or w
<br />- � ' � If tbe ammmi of the Funds held by Leuder.together with the fnaue monthh►��ats of Funds P�Y� P ..__
<br /> t h e d u e dates of taaes, asse.�ments. iasu�ce P����°II°��•shall exceed the amoura requued m FaY said ,�:;--,L_
<br /> ... _ . . . .'� S . ^
<br /> ta�ces, asser,sme°'°, �P���8round Iears as tlu.y fall due.sach excess shap be.at Bomnwer's option. �:.�_•._..
<br />� � • ='..;-�� either grompdy�epaid to Boao�rer or credited co Boaoveer o�monthly installments of F�mds. lf the am�ount of the FaIIds �`..:,� -_� ----
<br /> -
<br /> . � fleld by I.ender shatl nnt be sa�ciens co pa9 r�es.assessments,iasaranre Pre�ittms and gr�und���Y fall due, - .i�
<br /> °} Bomower sball pay to Lender anY�au�n�e�s�9 t°�9P the defciency in one or mo:e paymems as Lender may _-- -�___-
<br /> �,-��
<br /> � � �°�' d refund taBosmwer any Fuuds ��
<br />_ " .` '� ': Upon payment ia fall of aII sams secared by tfis Deed of Trast.l�nder shsU�thecwise acquired by L.endes.l.ender _ .-��_- .v
<br /> � held hy Lender.ff tmder paragraph 1?hereof the Pmpexty is soW or the Propercy' , i^�
<br /> � . _ �. shail agply,un later than immedacelY Pnor w che sale of the ProgertY o�Its acqmsiaon iry Lender.an3►Fnnds hetd by
<br />: �. :; ��::�;��
<br /> '" ,'' i.endei at t6e time of appl'ICarirru es 8 Credtt ag2inst the svmS SeCU[ed bY tbis Deed of Tn�st. "��;r�`
<br /> � ` 3.Applic�ti�of Paymeats. QWess appliqble law pnnvtdes othen�rise.a11 PaYments
<br /> zeceived by Ixnder nnder the ��_�
<br /> �i „;"''•�' � .' .�; 1 and 2 hereof shall be applted by Lender fust in payment of amuunts PaYable to I.ender by Bormwer . :,_�
<br /> . � - Nate aud paiagzapbs , , . ' _�._
<br /> � • :;� � �`:•;.' i m d e r p a:a g i a p h 2 hereof,then to intemst paYable on the Note,and then w the principal of the Note. . ;:;�"��
<br /> %•.� ��
<br /> . . . ' 4.Felor Moitgages and D�S of Trmt; Char��si ��. ��w��P�orm a1i of Hoirawer's o b l i g a dons 3;�'+`-
<br /> , ",,r;
<br /> ' . . andec anY mortgage,deed of uvst or oiher socarlty agreement wlih a lien wvich bas psorltp over this Deed of Tcast, :::. _
<br /> �.
<br /> � ,' � . inclnd"ing Boaawer's covenants to make payments when dae.Borrower shall pay or caase to be pa�d all taxes,assessmeats ,_,c,
<br /> + aud oiher cLarges,fines and imposdons attributable ta tbe Property which may aua�a a psiority over this De�d of Tiast, ��.�f�_;
<br /> ,�:.:•;
<br /> . � • � aad leasehold payments or gmund rents.if anY• . `%�`-
<br /> � S. Baaard Insarance. Borcoarer sSaU keep the unProvements now existin�or hereafter erectea oa the Property+ • ::�.".:
<br /> � ,� �,�
<br /> � ' . �= ins�ed against loss by fire.haTards inclnded within the teim'extended coverage".and sach other La7atds as Lender may „. • ��-_
<br /> . � . requi�e anA in sach amnunts and for suct►pesiods as Lender may reqnire. I�nder; ded. ., .' �.'�"--
<br /> '17ie insuraace cariier pmvidinS the iamraace shall be chosen by Bosrower sabject to agpmval bY P� , �.0�-
<br /> : � �•�
<br /> Y_
<br />',' � � • tbat snch appmval sbaU not be uaseasunably withheld All i�uance policies and renewals thereof sbaU be in a form ''; . -^ __
<br /> -. � , accepta6le w 1 ender anil shall inclade a stasrdard mortgage claase in favoz of and in a form acceptabte to Lender. Lenaer .
<br /> .°��,;.� shail have the right to ho2d the pollcles and zenewats thereof.sabject w the terms of a�+mortgage.deed of tiast or other
<br /> seturlry agreement w�th a lien which has p:iority ove:this De�l of Tzust. • � ..
<br /> � � • In the event of loss,Borrawer shaU give Prompt noflcc to the insura�e carrter and Lender. Le,ider may�Ice praof ,:
<br /> � �• of loss if nnt saade pmmpdy by Boaower. �• •
<br /> ' . : If the Pc�@ecty is abandoned by Barrower.or if Borrower fails to respond to lxndes wtthia 30 days from the date •, ��' ` .
<br /> . . . ao@ce�S m3ited by Lender to Borrower tl�at the iasvrance catrier offers to setde a claim for iasatauce benefits.Lender is .
<br /> ' a ,
<br /> � �i antharized W collect and aPPly the inswance proceeds at Lender's option eIther w reswiation or repair of the Property os _ . � .�
<br /> ' � � � to the sarns secured bY this Deed of Tn�st. -
<br /> " ' : � � 6. Pe+eservatian and Malntenaars of Peopertyt Leaseholds3 Coadomi�al�si Planned Uuit Deve�opments. ,
<br /> ���� Boirower stiail keep the Pmperty 1n 800e rePair aud shall not wmmit waste os Dermit impainment ondeteiiomtiob of the
<br /> � . �i p�ny���ompty wltb tt►e pmvisions of any tease if this Deed of TnLSt is on a leasohold.If tbis Deed of Tmst is
<br /> � ' on a ualt in a condominium or a plaaned wuit develop�en��omswer sha11 peifoim all of Borrower's obligadons under the
<br /> � • s declaradon or eovenants creadng or goveming the condominium or plaaned unit develapment,the by-laws and regulaflons - � : ..
<br />- of the wndominium or pinnaed nnit development.and constituent documents. :
<br /> 9. Ptctestioa of[.�der's Security. If Borrower fails to perfoim the covenants and agceements contained ia t�
<br /> Deed of Tn�st.or if a�+acdon or proceediag is commencxd which ma�erialty affects lxnder's interest in ths ProP�Iuding ' `
<br />- � , .� l.ender, at Lender's optton. upon nodce to Borrower. may make sucb appearances. disburse such sams. '
<br /> reasonable attoraeys' fees. and take such acdon as is necessary to protect Leuder's interest. If Lender req�ired mortgaSe
<br /> Insu�aace as a condidon of ma�ing the loan secured by this Deed of Tn�st,Eosower shail pay the premiums required to
<br /> maintaia such insuraace in effect until such dme as the requirement for s�ch imvrance terminates in accordance with
<br /> ' � Bonower's and Lender's written agreemeni or applicable law. b�.��interest thereon.at the NoEe rate.sbaU become �
<br /> � Any amounts disbursed by Lender ptusuant to tWs ParagraD �
<br /> ��� addidonal indebteduess of Borrower secured by this Deed of Trust. Unless Borrovrer and Lender agree to other termc of ;
<br /> " ''' . � p$y�ent� su�h amoums s1�11 be payable upon nodce from Lender to Borrower requesdng payment thereof. Nothing �'
<br /> contained in thls paragraPb�shall re9wre Le°der to incur any expense or take any acdon herennder. .
<br /> �, I�spectloa. Lender may make or cause to be made reasonabie enuies upon and inspecdons of the Praperty. .
<br /> '. pmvFded that Lender shall give Borrower aodce prior ta any such inspection sper.�fying reasonable canse thetefor related to . •
<br /> l.ender's interest in the ProPerty. ' ` .
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<br /> � � Nebraska 26876� 1�98 drigiaal(A6COrded) COpy lHraaCh) Copy(Cuatomer) Page 2 of 3
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