|
__:_.::sa;::�;�3e , . .T-� .c. z4;._.. �. _
<br /> �, — �__ —��;`—. ._ - , —�� — '=� - ., _— _ _,—.
<br /> f A� ' � _ �. T~�. . . • - c-� � , _
<br /> ` y - . J . . ` . ' ` i�• c • �� '_. "� Y. �L r. . , <«'� . _
<br /> __� - _ - ." ' , ' 'G '' `< L �"C�" ... ..c..__ �....:�` •_t"'c..._.v_.."'"" .... .�.....�' . . __ .. ., •` _.�-. , _ ..
<br /> . ( 4 � _ .�..�.1����
<br /> . 1 c' ' G"
<br />_ .. . • .�I `� �, � '
<br /> �
<br />. . ' . . . . . .c: . • . .
<br /> '`: ' dreumstanses.Bomaewer shall aot oommit�►aste or destr�r,daffiage or suDsta.atialty cbaage the Property or alloar the ' ��
<br /> '... . Property co detectorat�reasonabte wear and tear exoepud t eader may inspecc the Prnperty iI the Propeny is�caa� � � �
<br /> � . , ar a ban d u n e A or t he t oan i s l n d e f a W� L e n Q e r m a y t a k c r e a s o n a 6 l e a c t l o n t o pmtect and preseive such vacant or+ , : :�.
<br /> r � . : abaadoned Propeny. Borrawer sLaIl also be in default itBomavvcr.dnriag the loan applicaflon prnoess.gave materlaliy ` `: ` , ` . .
<br /> � ,t� false or inaa�iate information or statements to Lender(vr�to psrn+Ide Len+der wlth anq matetial informattoa�'� , . �` .
<br /> `,:: . .. .
<br /> - ` .,. . in aonn�xion wIW�he loan evidenaed by ihe Not�inrludin�but not timit�d co.represeatatlons ooaoerning Bormwer's+° < < �`
<br /> h
<br /> � oaupan��r of t�te Property as a prlac�pal resZQeno�If Ws SeWrlty Instrnnmeat is oa a leaseflotd,Bonawer shall comply� � '�r �,
<br /> ie
<br /> .. < : .:^:� w I c L t h e p t o v L�i o a s o f t h e s l e a� 1f Boma�ver a a(uires fee titte m the Prv perty.the leasehoW�nd tee Btte shail aot� .
<br /> . ' be merged unless Lender agcees tn the merger ia wrltinp,, �<. °
<br /> < _ --, b Qon�anna�a 'I7�e pmoeeds of anq award or claim for damages.direct or aonseqnential,in conner�fon with� .
<br /> -i --, •-4 A��-�. su�aandemaation or other ta�ag af any pa�t of ths Ptogeaty.or for waweyaace ia plaoe of conQemnation,are h�reby
<br /> u �
<br /> � - a�igae�and sLall be patd to L�ender tn the eatent of the fiill amount of the indebtedness tbat remains unpaid under � �
<br />_ ` . . � the Note and this Secority InstramenL I�nder shaU aPPtS+such prooeeds to the reduc.tton of the indebtedness aadet � ,�:'; . r:�� :._,
<br /> � � the Note and this SeivrIty Iasuament,Hrst w any delinqueat amannts applied in tlte order provided in paragraph 3, , :.°.< � :�t
<br /> -. , and then tn prepayment,of p�nsipaL AflY aPDli�ation of the pmaeeds to the prladpal shall not e�uend oi postpone , _.•` `.
<br /> ttae dne date of tlta monthlY PaYments,whict�are referred to ia P�B�Ph Z,or change ffie amount af such paymenis. . �
<br /> � . � ��` Ai►y escess pmoee�s over an amount reyutred to pay all awstanding indebtedness under the Note and th�s SecvrIty '�. +. :.�.•� ';���.__
<br /> . Insu�ment shall be paid to the entity tegally entit�e4 thereto. . ; .:�
<br /> � � 7. t'ba�grs m Bomo�t aud�otecxiun of ie�d�'s Iiig�tsta th$pmp�ty. Borrower sbafl pay all gavernmental "�•:
<br /> .. � . .� : or mnnidpai cbarges.Bnes and impositIons that are aat iadaded In PatagzaPh 2 Bouower shall pay these obligat[ons — _-
<br /> • ..�� on ttme directiy to the enrity whf�is owed the payment If failnre to pay wonld advezsely affect Leadcr's intetest in ' :`
<br /> . . a the Property.opon Lcnder's reqnest Borrower sl�aall pmmptty fnmish to Lender reoeipts evidendng these payments. . . . `. x�_
<br /> _ ' ;�� If Borrowsr f�ils to tpake tliese gayments or We payments reqnired bY P��PH Z.os faUs to peifarm a�►other � .. �. �__
<br />- . �� �l oavenants aad agceements onntaine4 ia t�s Searlty Inmoment,or there ts a legal pmcee.dtng ttiat may signiHcantry � _ �. �'��_
<br />=('` affect Leader's rlghts in the Property(sach as a pmoe�ding in 6ankrapto�,Wr wndemnatIon or to enfoire laws or � ::,�
<br />:r.. •. . c�-� . _
<br /> �..' " ,."_�' regnlatlons},then Lender may do and pay whatever is necessary topmtect thevaIue ofthePropertyaad Lende�s r�ght� � _ _ :;.��;, .
<br /> , ia the Property.iaciudiag payment of taxes.ha�ard insutanoe attd oti�er items suenttoned in patagraph 2. . -_'°-
<br /> . ' � ,.��.,�� AnY amaants disbnrsed bq Lender nnder this pata�raph shall become an additIonal debt of Somawer and be � . . ��.'�'-_{
<br />_�_;s . , ..; secaued 6y this Secarity Insuumen� 'I7cese amonnu shall bear interest from the date of d9sburseat�nt at the Note rate. � � �:;,•;;�
<br /> _ . _,,. . and at We option of Lender sLalI be immedtately due aud payabte. @� • , � �''-3,.a,
<br /> . , . Borrower shall promptly d�scharge a�r lien which has prlorIry over tbis Sewrlry Iastrument�mIe�Borrawer.(a) ( �� ,�:=`'
<br /> . • � � a�rees ia wrIting to the paymeat of the obligatton secnted by the lien in a maaaer aaceptab2e to Leuder,=b)�ntests � � : -_-=-_ _
<br /> - , �n gooa ratm�ne�ea by►.or defendsagainstenforcemeat ofthe Ika ia.Zeg�lPraceedin8�which In the Lender's opialon � . .:�` _-__�_
<br />_ . ' opetate m prevent the enforcement of the lien;or(c)se�oures from the holder of the lieu an agreement sads�factary � : _
<br /> %�: � � w Leuder subordinattng the lien w this SecarIry Instmment 1f Lender detesmines that airy part of the Propeny�S � ,^�� � _
<br /> � sabject to a Iienwhisl�may attain p�torIty over tbis Securiry Insuumenb 1�nder may give Borrowera aodce identIfqing • . _.r- -
<br /> . �, . . � the 1ien, Borrovuer sha11 satisfy the Hen or take oae or more of the acxlons set forth abov8 a t t h t n 1 0 d a y s o f t h e g i v i n g � . ""�s��'�"
<br /> � of aottce. ���'�'
<br /> �r� . � . .. 8 Fe� Lender may aollect fees and charges anthorized by tlte 3etxetary. �''�-
<br /> . � (im�ds fo�Acaele�ation oY Debt , . ��--=
<br /> . . (a) DeSaall. Lender may.excePt as limited by regulations L�saed by the Secretary in We case of payment ' -°y'`_
<br /> defaults.require immediate payment in full of all snms seaued b this Securlry Insuoment i� '. �'
<br /> (i) Borra�+er defantts try failing w pay in full any monthlp paYment required bp Wis Secaiity Insuuinent . . _--�-'
<br /> , prIor to or on the dne date of the neat monWty paymeat,or • � "�`e=
<br /> � . (i� Bom�wer defantts by failing,for a per�od of thirty days,to perfarm a�r other obligadons contaiaed :. :��a_
<br /> � iII t1lLS SP.CIliIty IOSUUTA�IIL , °==
<br /> � � Sa]e Withoni(aredit Leader shall,if ermitted a licab2e law inclnQln sectton 341 d of - '�'�
<br /> -. . �) �PP�- P bY PP ( g ( ) ... . , - _
<br /> � " ' ' the Ciam-5�ticrmain Deposiwry Instimtions Act of 1982,!2 U.S.G 1701j-3(d))and wIth the prtor approval , . ...
<br /> ' of the Secretary,require immediate payment in fnll of sU sums seaued by this Secarity Instinment i� � .
<br /> ;`-�. .� (i) All or part of the Propersy,ora beneSdal interest in a trust aamingall or part oYthe Property,is sold
<br /> � ,1 or othera+lse uansfeaed(other than by devise or descent),and . : �
<br /> � (i� The Property is not occnpied by th�e pnrchaser or grantee as Lis or her principat reslQenoe,or the
<br /> i .
<br /> � � purchaser or grantee does so occapy the Property, but h�s or her credit bas not been apprwed in , .
<br /> . , � accotdanoe wlth the reqnirements of the Secretary. : '' �.
<br /> (e) No Wad+�d if circnmstances occur that woutd pemcit Leader to requlre immeAiate payment in full,bnt ;
<br /> . i Lender does not reqnire such payments,Leader does not waive its rights wiW respeat to subsequent events. :;;'
<br /> .,. ; l (dj Regaiativas of HUD Scvaetazy. In many clrcumstances regulatlons issued by the Secretary will limit
<br /> � :� � LendePs rights.ln We case of payment defanits,to require immediate payment in fuU and foreclose if not paia . . .
<br /> . • � � This Secarity Instrument daes not authorize acceleration or forectosure�f not permitted�y aegalations of the �
<br /> Secretaty. ��• �
<br /> '' ? (e) Murtg�ge Not Insurea. Borrawer agrees that if ttds Sec�rity Instrument and the Note are not determined .
<br /> to be eligtb2e for insuiance ua8er the Nattonal Housiag Act within 60 DAYS from the ' .. �
<br /> ', � � date hereo�LenQer may,at its option requlre immed9ate payment ln full ot all sums secured by this Securlry
<br /> � Instrumen� A wrltten statement of any authorized ageat of the Secretary dated subsequent to � ,,.�
<br /> � . 60 DAYS ftom the date hereof,decUning to�tsure this SecurIty Instrument and the Note�shall be �
<br /> ,. deemed conclusive praof of such inellglblllty. Norivltbstanding the foregoing,th�s option may not be exercised
<br /> � . ' by Lender when ihe unavailability of insurance is solely due to Lender's failure to remit a mortgage lnsurance
<br /> premlum to the Secretary. � : •
<br /> . � � ,
<br /> , .
<br /> ! N�RASKA�FHA DFED OF 7Ri1ST �b f : •
<br /> ,.:'� . ' i n���s�u�s�ceoo�eav�wx Page 3 of h � . .
<br /> . t'' j .
<br /> . � � . .; k .
<br />_ : �.��
<br /> 1' '_ _.._.._..... ,. . ..._ ::� . _ . . . , _ ..,. .. � . ....a.� ,... .. !•�e ., �,.��.��:,,., , ..,... . _.._ . . .a `, _ �: .P� . _. __._r4.,,, • . . , i ��_. ,?..._t.i4.f_:I_�'.i��'���-. -r--.
<br />
|