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<br /> ' . ��_ ��� 100776 03/19/1997 ,' ` ' `_-
<br /> � G80FF W YOIING DONNA M YOU1�iCi `
<br /> � � UNIFORI►i COVENANTS. Horrower and I«nder coveaanc and agree as foAawswh�n due the principa! an� interest � _ ' •
<br /> j 1. peymer�i of Priadpal and Iaterest. Borrower shall PmmP�Y P Y ; --
<br /> �1 indebtedness evidenced by the Note and late char8es a5 Pmvided in the Note. � �_.,
<br /> , 2. F�m�s ior Taxes and Insurance. Snb,ject to apPUcable law or a wriuen araiver by Lender.Borrower shall pay co
<br /> � Lender on the day moat6ly payments of princiPal agd interest are p3yabte under thr Note. uniil the Note is paid in full.a j,. , , :
<br /> sum(herein 'Funds") e9aal to one-twelfth of the yearly[axes and assessments(including condominium aud planned unit �
<br /> :�J development asses�nents.if any)wtuch may attain priority over this Deed of Trust,and gmund renu on the PropectY.if � : • ,
<br /> i any,plus one-nvelfth of yearly premium installments for h�rd insivance,plus one-twelfth of yearly premium i��attmet±r� i ,
<br /> I
<br /> '� for mnrtgage insurance. if any. all as reasonably estimated iniaaUy and from time to time by Lender on the basis af , .
<br /> assessments and bills and reasonable esdmates thereof. Borrower shall�t be obligated to make sut:h payments of Funds
<br /> 4. 1 to Lender to the extent thac Bormwer makes such payments to the halder of a prior mnrtgage or deed of[r�st if suc6 holder � _ _ -
<br /> I is an institutional lender. ' ' ,
<br /> If Horrower pays Funds to I.ender. the Funds shall be held in an in�titudon tne depos�u or accowus of which are „ . -
<br /> • � insured or gua:anteed by a Federal or state agencY(includin8 Lender if Ixnder is sach an inssituaon). Leuder shall aPP1Y . � � -
<br /> the Funds ta paY said taxes.assessm�nss.iusurance Premiums and Sro�nd nms.Lender tnay nat chaYge for so ha�lding and - ,�'.
<br /> applying the Funds, analyimg said account or verifying and compiling said acs�nt�and bilts. untess Irender paYs ' . - �
<br /> Borrower interest on th�Fnnds aud applicable law germics Lender to make smcfl a charge.H�rmwer and I.ender may agree . , �,-
<br /> in writing at the time of exetarion of chis Deed of Tmst that inierest on the Funsts sha11 he paid to Boiro�e a and�ess • • —
<br /> such agreement is m a d e or applicable law t e�u i r e s such interest to be paid.Lender shall not be re9uired of the Funds '' :'-
<br /> any intetesc or earnings on the Funds. L,ender sha118ive to Borrower,without charge,an annual accountin8 : ' ..�'�
<br /> 8
<br /> showing crediu and debit�to die Fnnds and the pucpose for which each debit to the Funds was made. The Funds are , " .�„���
<br /> - pledged as addiuonal se�uic3+fir the sums secured by this Deesi of Tr�sc. ,. `
<br /> If the amount of[he Fwnds held by Leuder.wgether with the fuuue monthly instaUments of Fuads payab�e prio�a » ..�:�.��::-
<br /> th�due dates of taxes. assessments, insuiance pnmiums and Sraund rents.shall exceed the amnunt reqwred PaY
<br /> • rexes. a5sessments. insurance premiums aad grouad rents as they fall dne. such excess shall be. at Borrower's option, � ' �-_r-_-='�_ _-_--
<br /> either proffipdy repaid w Hormwer or credited to Borrower ou monthly installmeuts of Funds. If the amount of the Funds �:�.ti, �-
<br /> ' held by Lender shall nnt be sufficieni to pay taxes. assessmenu. insara�e P����°und rents as they faU due. � , , T; �;
<br /> � -
<br /> to Lender any amoant necessaTY to make aP the deficiency in one or more payments as L.ender may � .����
<br /> BoTrawer shall pay s .
<br /> . �. f �� � �:`:.�
<br /> in full of all sums secured bY this De�d of Tmst,Ixnder shall pmmptly refimd w Honower any Funds �-�; , . —
<br />� UP�n�Y�t h 17 hereof the Pmperty is sfl(d or the ProPertY is otherarise acquired by I.ender,Lender . � }�
<br /> . held by Lender. If under paragrap or its acquisidon by Lender. anY Funds held hy . . ��.'.;-1:, .—
<br /> shall apply, no later than immediately prior to the sale of the Pro�ertY x t '
<br /> (,ender at t�e dm�of application as a credit againsc the sums secur'..�by�his Deed of Trust. �v�b Lender unde�the - • !
<br /> 3.Appiication oP Paymeuts. Unless applicable law pmvides otheiwise.all payments y ., ti —
<br /> Note and paraBraPhs 1 a�d 2 hereof shall be applied by L�ender firsc in payment of amoums PaYable to I,ender by Borrower .
<br /> under paaa.�raph Z hereof.then to int..�est payable on the Note.arsl tben to the principal of the Note. �� �
<br /> 4.Ptaor 16+iortga�es and Deec��of Trust:Ch�r�es►Lieas. Boaower shall perfoim al�l of Bo:rower's obligations .. �� .';s
<br /> Pi '�. � � a� �
<br /> under any mortgage. deed of tr�st or other secarity agreement with a lien which has Prio�'tY over this Deed of TnLSt. ',•�'�� ;; _ �_
<br /> includin$Bonower's cavenants to malce payments when due. Bouower shall pay oz cause to be Paid a11 taxes.a�s�� �-� _
<br /> and other cvacges. 5nes and im�posidons attn'bntable w the Prnperty which maY auain a priority over this Deed of Tnist. ^�" �`
<br /> ST r �'r"�-
<br /> � and leasehold payments or ground rents.if any. _°�'t- ''!•� `
<br /> ' S. Ha�rd Ias�uance. Borrower sball keep the improvements now existinS or hereafter erected on the PropertY ,�:'4=�
<br /> �• r-:.f�r�=-�
<br /> � insured againsc toss by fire.ha7ards included within the urm'excended coveTage',and sach other ha7ards as Lender may -_.;r- ��_,_
<br /> require and in such amnants and for such periods as Lender may require. �r,'��:�s;•" �--.-
<br /> • :.�;......-
<br /> � .��,���proyiding the�nsurance shaU be chosen by Bomower subject W appmval by Lender;Provided. •.'���`
<br /> that such approval shall uot be uareasonably withheld. All iasurance policies and renecvals thereof shall be in a form �'�,,�"^
<br /> clause in favor of and in a form z.sseptable to Ixnder. I.ender _"�j
<br /> � a c c e ptable w Lender and shall inclu�.a standard mortgage :` �••: . •,:,._-�"�""?
<br /> ` shall have the right to hold the policies and renew a l s t h e:eo f,s�.'�j e c t t o t h e t e z m s o f a n y�n i a g a g e,d e e d of tiust or other ��',-v„�,.{.�,..:'�%•;. �:
<br /> securiry agreement with a lien which has priority over this A�of Tmst. �•;c.•;-::�`'.._,
<br /> In the event of loss.Borrower shaU give P��t notice to the insvrance carrier and I.ender. Le°der may a�ake proof ; .. •� �� �'
<br /> � of loss if not made pmmptly by Borrower.
<br /> If[�:Property is abandoned by Borrower.or if Borrower fails to respond to Lendea aithin 30 days from the date ..,.,,, . . ,�_
<br /> no�ice is mailed by Lender to Boa�weT that the insluance raaier offers to s�ttle a claim for in.su�a�e benefis.Lender is � '..qa�... �
<br /> � authorized w collect aad apply the insu�ance P��at Lender's opdon either to r�esroiation or repair of the Property or � .. -
<br /> to the sums secvred by this Dced of Trust. . —
<br /> 6. �MESEt�atlOn iIla M�infRr:�nce of P�+uaeriy, Leasehoidg: CondomW�s; Planaed Unit Developmeats. .
<br /> Borrower sball keep the Property i�600d rePair and s�a°t�°mmit waste or permit impaiiment or deterioradoa of tye . , --
<br /> pro�ny�nd s�all comply wlth the provisioas of any lease if tbis Deed of T:ust is an a leasehold.If this De.ed of'f�i is .
<br /> on a nnit in a condomiaium or a planned unit devetopment.Bosoa+er sh�ll gerfomn all of Borrower's obliganons wuder the �"'
<br /> declaradon or covena�ts creating or gaveming the condominium or plaaned e�.Y:t development.the by-laRS and�eguladons ,�,
<br /> of the co�dominium or plswned uai�development.aad constituent documents- '�.
<br /> 7. �rotedion of l.ender's�ty. If Borrower fails to perfo:m the covenants 2^.�agrcements co�� ��
<br /> . . Dced of Trust.or if any action ar�u8 is wmmenced wluch materially affects LeBd,.'r's interest ia the Property,tdaen . ..
<br /> Lender. at Lend�r's option, upon noaice to Borrower, may make such appearances. disbutse such sums. inclnding . �_
<br /> reasonable attorneys' fees.and cake such acaon as is necessa�Y�protect Le�ler's incerest. If Lender required mortgage . .
<br />' insurance as a condition of making the loan secured by this DeecD of Tcust. B�rrower shall PaY the premiums requited to �� .
<br /> maintain such insurance in effect untii such time as the t�equirement for such insutance tetminates in accordance with . . . �-,
<br /> � Borrower's and Ixnder's writtee�agreement or applicable law. �7. ���e���a,at the Note:ate. shall become �
<br /> i Any amounts disbursed by Lender pursvant to this paragrap =
<br /> addidonal indebtedness of Borrower secured by this Deed of Trus� Ualess Bonower and Lender agree to other terms of ..
<br /> � PaY��• su+�h amounts shall be payable upon noiice from Leader to Boaower requesting payment tl�ereof. Nothing ^_.
<br /> contained in this pazagraph 7 sball re9uire Lender to incur aay e�cpease or take aay acdon heteunder.
<br /> 8. Iaspection. Lender may make or cause to be made reasonable enaries upon and inspections of the PropertY. -----
<br /> , provided that Lender shall give Borrov�er notice prior to any such inspection specifying reasonab2e cause therefor related to � . : �_
<br /> � � 1.�nAer'c inter�st in the Property. k . • _ �
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<br /> ' Page 2 of 5 4. ��
<br /> } Nebmska 26876-3 I1/96 Original(Recorded) Gopy(Hranch) Copy(Cuetomer) i, - � "
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