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<br /> " of Triut is oa a unit in a coadominium or a planned unit de,relopment, Borrower shall perform all of Borrower s
<br /> , � .. � obligations �nder the declaratioa or covenants creatmg or goveming the condominium or planned unit development, i� ' ` i
<br /> .� , - �< the by-laws and regulations of the condomiuium or planned unit development, and oonstitueat dacumsnu.
<br /> If Borrower fails to perfocm the ooveaants and agree�menu �°nm'� ��'S
<br /> . : 7. Fcateaion oi I.�dea's See�ty►. m .
<br />_ . .--` ---= ti i}eed af Trust,ar if aay actioa or proceeding is commenced whi�roateriaUy affects Lender's interest in the Prope�tY. ---
<br /> ^ ` � then Lender. az Lender's option, aPon norice to Bo:rower.maY m�ce s�tch appearances. disbu�se su�#,�,i,:�2�ing - ,
<br /> . ' reasonable a.ttomeys' fces. and take such acdon as is necessazY to protect l�der's interesc. If I.ender rtquired
<br /> . � ' mortgage insurance as a con d i t i a a o f m a k i n S t h e loan secuTed b y this Deed of Tr�ut,Borrower shall�ay tlie premiums . . ,
<br /> f , `� mquind to maintain such insnrance in effecz uatil such dme as the requirement for such insuraace [erminaces in �. , .
<br /> T � � ' accordance with Borrower's and Lender's written agreemen[ or applicable ta�v. �
<br /> . t h 7.witD interest thereon, u the Note rate, shall � . ..� . :
<br /> - — = Any amoants disbutsed by Lender pursuant co this paragtap .. _�._ __. ., :
<br /> = f become additianal indebtedness of Borrower secuced by[his Dced of Tnisc. Unless Bom�wer and 1.ender agree to � _
<br />_ . . _ � �L�. .��.
<br /> o t h e r t e t m s o f p a}r m e n t, such amounu sha11 be gayable upon notice from Lender to Borrower tequesting payment ; , '
<br /> � •� .� thereof. Not6ing wntained in this paraSraPh 7 shall require L�der to incur an}►racPeuse o r t a k e a n y a c t i o n h e r e u n d e r. • ; .
<br /> g, Im�ecxiun Leuder may make or cause to be a�ade reasonable entries �����nable�f use�oereefo . • .
<br /> . provided that Lender shall give Borrower aotice prior to any such inspection sP fN 8 K!. : •• -
<br /> = related to Lender s uueiest in the Properry.
<br />�`t' • 9. Cond�on- 'i�e proceeds of any aaard or ciaim for darnages.direci or consequential, in connection aith ,:yi.
<br /> - . an}r condewnation or other taking of the PropertY, or part thereof, or for conveyance in lieu of condemnation, are = "Y�.�
<br /> __ • � hereby assignecl and shall be paid to Lender, sub3ect to the terms of azry martgage, deed of trust or other securiry - -
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<br /> . � ,. agreement witb a lien which has priority over this Deed of Ttust. , ��
<br /> I0. Bmmwer Nat �eased: F°�°C �i► �� �t a Waiver. F.xteasioa of the ame for paymeat or `; f
<br /> : �. - � modification of amostization of the sums secured by th�s Deed of Trust graated by Lender to any saccessarBorra� . . ; .'�`
<br />_ ` . ` • .. � of Bomnwer shall cwt operate to release, in auy+ manner, tbc liab�ity of the original Borcower and :;..
<br /> 81ilST SUCII SRCCCSSOf OT iCft158 LO " v,.'f:
<br /> successozs ia interest. l.ender sLall not be re�ired to wmsnence pmceedin&s ag ,,s. �
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<br /> � ' � extend time for payraent or otherarise modify amorti�atioa of the sums secured by tiris Deed of Trust by reason of any ^ _
<br /> __ . . demand made by the original Bormwer and Borrower's successou�ble tlarw,shallynotl bee sIIwaiver of oer preclude the �`
<br /> - � any right or reraedy hereunder, or otherwise afforded by app� ,,,:,�__�=
<br /> I exe:cise of any such right or remedy. �e�venants and agreements herein ��.:--
<br /> ;_ . �': i 11. Saooes�ois aad As�3gns Eaimd:Joint and Several I3ab�itY�Co-siS�- . . ,-__-�::
<br /> '?' contained shall bind. and the rights hereunder shall imue to.the respective sucressors and assigns of I.euder and : __
<br /> ' Borrower,subject to t h e pmvisions of paragraph 16 hereaf. All cuvenants and agreemenu of Borrower sha116e joint f• ;.': --
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<br /> •. . and sev e r a l. A ny B onower who co-signs this Deed of Trast,but does not execute the Note.(a) is co-signing thts Deed ; �` �
<br />���, '' of Tnist only to gant and coavey that Bormwer's interest in tt►e Property to Tn�stee under the terms of this D e e d o f ,: . J _
<br /> ' T n u t, (b)i s n o t p e r s o n a l l y liable on[he Note or under thiis Deed of Tnut,and(a)agees that Lender and auy+other �"�'r;., . _
<br /> �.Y Bonower hercuader may agree to extend,madify forbear,or matse any other accammodarioas wi t h re8ar d to t h e t e rn�s . ����:
<br /> ,;� . ' :, of tiiis Deed of Trust or the Note without that Bocmwer's cansens and arithout releasing that Bosower or modifying _
<br /> . _ this Deed of Trust as to that Bonower's interest in the Properry. � . �
<br /> - �-- 12. Notioe. Eacept for any notice required uader applicable law to be given in another maimer, (a) auy notice �"";,`,
<br /> ;"•� � ' to Borrower provided for in this Deed of Trust shall be given by delivering it or by mailinS sach aotice by certified ::
<br /> ' mail addressed to Borrower at the Propercy Address or at such other address as Bonavuer may desi�nate by notice to � :..,^�4
<br /> Lender as provided herein, and @) anY aotice to Lender shall be given by certified mail to I.ender's address stated ,;
<br /> � herein or to such other address as Lender may designate by notice to Borrower as prnvided here�n. Any notice ''-��
<br /> ��; ' provided for in this Deed of Tiust shall be dee�sd to have been given to Borrower or LRnder whers given in the .�,e.
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<br /> manner designated herem.
<br /> : , f3. �g 1aw+Se�►erab�tY• The state and local laws applicable to this Deed of Tnist licab�lie of F�eral ��''� �:•Y
<br /> '��,� . . the jurisdiction in which the Property is tacated. The foregoing sentence shall not timit the aPP tY
<br /> � law to this Deed of'Crust. In the event that any provision or clause of this DeEd of Trust or the Note wnflicts with ;
<br /> .s"' � applicable law,such contlict shall not affect other provisions of this Deed of Trust or the Note which can b$given . � _ .
<br /> effect without the conflic[ing provision,and ta thss cad the provis�ons of this Deed of Trust and the Note are declared __
<br /> � to be severable. As used herein, "cosu',"expenses"and"attomeys' fecs°include all suws to the extent not prohibited
<br /> �� by applicable 1aw or limited herein. - � ,
<br /> 14. Bormwer's C.opy- 8orrower shall be fumished a confarmed copY of the Note and of this Deed of Tn�st at the
<br /> time of execution or after recordation hereof. , � �
<br /> � 15. Rebab�itaflon Loaa a�e�t• BoTrower shall futfill all of Borrower's obligations under any home ,s,
<br /> `. 4 rehabilitation. improvement. repair. or other loan agreement which Sorrowet enters into with Ixnder. I.ender, at
<br /> � Lender's option,may require Borrower to execute and deliver to Lender, in a form acceptable to Lender, an assigament
<br /> � ` of any rights,claims or defenses which Borrower may have against parties who supply labor. material� or services in
<br /> . ' � connection with improvements made to the Property.
<br /> � 16. T�sYer ot the Ymperiy or a Beneficial Interest in Bormac�. If a11 or any part of the Property or any interest
<br /> i in it is sold or ttansferred (or if a beneficial interest in Bonower is sold or transferred and Borrower is not a natural
<br /> . , • j person) without Le sdeDr��sdpoY Trust te Howevert�t6is�option�shall no tbe�e erceised by I�.e dert if eae ci et s prohib ied'
<br /> ' sums secured by th
<br /> by Federal law as of thc date of this Deed of Trust.
<br /> if Lendcr exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a
<br /> � � , period of not tess than 30 days from the date the notice is delivered or mailed within which Borrower must pay alt .
<br /> sums secured by this Deed of Trust. If Boaower fails to pay these sums prior to the expiration of this period, Lcnder
<br /> - , � may invokc any remedies permittcd by this Deed of Trust without furcher notice or demand on Borrower. •
<br /> � . NEBRASKA-SECOND :OIORTGAGE•1�80-FNMA/FHLMC UNIpORM31�fSTRUMENT
<br /> Form 3828
<br /> - • n,�u�++�n s,�rc�n.�� �ecm es¢ise� g
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