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<br /> ' ���n�� 1Q078� 03/19/1997 ., . _
<br /> QiBRYL R SUl+A�RS JOS P SIIi�+1'iNBRS � , -
<br /> t UNiFORM CoVENANI'S. Bonower and I.ender covenant an+d agree as follou�s: .� < < :.
<br /> � Horrower shall PromP�Y PaY when dne the pnIIS�Fa1 aud mte�K . . . _
<br /> � 1. Paym�ai of T�riud�al aad Inter�est• , _s
<br /> �. es as provided in the Note. � � —
<br /> indebtedness evidenced by the Note and late charg �le law or a wriaen�vaiver by Leader.Horrower shall PaY to • r „
<br /> 1 2.Fund�for Tases aad In�mrance. Subjecx to aPP le under the Note.wuil the Note is paid in full.a . :�s
<br /> ' L.ender on ths day tnont�lY PaYme��°f P�iP�and interest are payab • " , . ; • .,_�
<br /> • m one-twelfth of the Year1Y t�es and assessmems(i�cluding condominium and pZanned uuit ` t '
<br /> sum(I�e�ein"Funds ) equal riori over tivs Deed of Trusc. a�ground rencs on the PropertY. if , . .
<br /> develapment assc�sme'nts.if anry)which may at�P n' lus one-nuelfth of yearly premium instatlu�ents � .,
<br /> ' any,plus one-twelfth of yearty premium�n�—_ra nn far ba7ard insurance•�m time to time by Ixnder on the basis of
<br /> ; for mortgage insuiance. if any. all as reasonably esdmated initiallY a� �m�lte such paYments of Funds ' . • . _.
<br /> 1 �sessmeats an�d biUs and reasanable estimates thereof. �s to the h�lder of a prior uzortgage or deed of misc if such holder � �:_�
<br /> . ; to Lender w the extent that Borrower makes such paYme .-. __ .-. _._ . _
<br /> "� is an institutional lender. or accounts of which are , , .
<br /> , If Borrower pays Funds to Lender.tine Fun�.s�ng I.ender if Lender is such an�'�nsn�'on). I.ender shall aPP1Y t.. , �
<br /> � insu�ed or bY a Fedeial or state aBencY(' �. Lend�c may noi char8e for so holding and _ _`
<br /> � ;�p�,��� I .
<br /> ' .: �; che Fw�ds to gay said taxes.ass s.�►��or verifyin8 and c��Piling said assessments and hills. unless I.ender pays .. .--- - _ -, --
<br /> . .j aPP1Y�8 � Funds. analyimg � : :::'�;
<br /> I Horrower inserest on the Funds and aPPlicxble law permits Lender to ma�ce such a charge.Borrower and I.ender maY ab'�
<br /> .. �,:.; ,.,,_
<br /> . � in writin8 at the time of execuaon of diis Deed of Trust tbat interest on thz Funds s'hall be gaid to Borro�er.B�� � . _
<br /> such agceement is made or applicahle law requues s�ch interest w be paid.Lender shall not be require� of the Funds � ,.�,.:`:�",�
<br /> any interest or eaminSs on the Funds. Lender shall Sive to Boirower.withont c,�arSe,a����0�� . ".;�
<br /> : � ...,._,,.s,
<br /> showing credits and debits co die Fnads and the puipose for which each debit w the Fwuds was made. The Funds are � a. .
<br /> I .;s,�. ;���
<br /> � pledged as a�ditional secvrity for the suuos secured by ttds Dee�of Tiast. ��,,p.,.�of Funds PaYa�le Prior to : ' -�,.�h�-�—,
<br /> � s,;,z
<br /> If the anaouni of the Funds held by I.ender. together with the futute mnathl9.°.....�'"� �i.;s..�:ri�
<br /> rems.shall e�RC�ed the amount reqnired t°PaY sa�d �.'M'.-
<br /> � d�e due dates of taaes. assessments. 'n��rs�n_c�Plemtums at�d grou�d b�. at Borrower's opaon. ` • ' ,g;;,� :•��. .
<br /> - . and ground ients as the9 fall due. sath eacess shall <,-__�:=,�
<br /> taxes. a.5secs�e�'r�, insurance Premia�s of Funds. If the amaunt of the Funds . , ---. �..:=�.•
<br /> aid w Horrovrer or credited to Borcower on montlilY in�1� .. '"�°�,
<br /> either promPdY� �emiums and gmvnd rents as tbeY fa11 due. '�j��r.� ,'
<br /> held by Lender sball not be sufficienc to pay raaes. c�o make�sh��d�efia n�cY�one or more payments as Ixnder maY .. �`•�`_— ,
<br /> ' Barrower shall PaY to L.e n der a ay a m o u�t n e c e s s az Y •''��.�,�. �
<br /> .}
<br /> '. require. refand to Borcower any Funds �, • ..
<br /> L1pon payment in full of all sums secured bY this Deed of Trust,Lentler shall�o�th �erwise accl�ired bY L.e�er,Lender . ;ti
<br />• held by Lxnder.I f u n der para S r a Ph 17 heieof the ProPertY is sold or the ProPertY� Funds held by ' +. .
<br /> shall apply, no later tban immediatelY Prior to the sale of the Properiy or its ac,ciuisiuon by Le�,r.any
<br /> Lender at the time of application as a credit against the sums secured by this Deed of Ttust. �ve�l by Lender uuder the � '��
<br /> • '. 3. Applir�tton of Paymenis. Unless applicable law pmvides otheiwise,o�unts payable to Ixnder by Borrower • .`� _
<br /> . Note and paraBraFhs 1 and 2 hereof shall be applied by I.ender�then to�the piinciFal of the Note. .
<br /> , .���i� � ,;;•,
<br /> • under para�ph 2 hereof,then to inierest payable on the Note, ��of goaower's obligadons • ' �
<br /> ' 4. Pr6or M�rt�and Deedg of't'�t3 C1�ar�est Ideas. Borrower s1�a11 perfo ;
<br /> ' _ d�d of ansc or other security agreement with a lien which has prioaty over this Deed of Truss. �' `�d ' ._�
<br /> . u n d e r a n y m o r t g a S e. w h en d ue.B o s r o w e r s t�a l l p a y o r c a u s e t o b e p a i d all taxes,a�en� ..,t ,: ��~9 '�.
<br /> ' including Bormwer's covenants w make payments wluch may aaain a priority over this Deed of Trnst. � �,�x •Y:.i�
<br /> and other charges. Snes and imposidons aun'butable to t�e PmpenY 4; -- _-_-
<br /> � ' and leasehold payments or ground mnts,if any. or hereaRer er�on che Property ,. .�;_
<br /> . 5. H�rd Ias�n�ance. Boaower shaU keeP the imProvemeass now existiing ,
<br /> is g
<br /> �
<br /> • ��ag�Y loss by 5re.hazards included within ths term'extended coverage".and such other harrrds as Lender maY �. =
<br /> � �
<br /> . re�uire and in such amnunts and far snch pe�iods as Lender may cequire. l mval by Lender:Pmvided. •`�_,:.:
<br /> The insatance camer providing the insurance shail be chosen by Bonower sub'ett to aPF be in a form „ `_
<br /> �nce oHcies and rensw� ��Of shall :::�_.���1-
<br /> � that sach aPProval shaU not be unreasflffibly wiehheld. All P table to I.eader. I.ender . ��-
<br /> .�_.;,.�':,.•E�'=-= �° .
<br /> acceptable w 1.ender and sLall include a standard mortgage clause ia favor of and in a fo ��ge.�of uust or other ��
<br /> : shall have the cight to hold the policies and renewals thereof,subject w the tecros of a�r �-.;:, <
<br /> '� °�� _
<br /> : securitS+a8reement with a lien which has priority over this Deed of Trast. . .. ::;;�.-
<br />" � � In the event of loss. Borrower shall give Prom�t nouce co the msurance camer and I.ender. I.ender may make proof � :�s'
<br /> � I of loss if not made pmmptly by Borrower. ����r��30 days&om the date '"��. —
<br /> . � If the Propertl'is abandoned by Borrower.or if Borrower fails to respo . =. .� ..�
<br /> ' .�.N�'�''�'
<br /> notice is m�iled by Lender to Bonower Wat the insuiance�i s opeti n e ther to rcestoradon o�r�obe��OPert9 or . •
<br /> � authori7ed to collect and apPty the insurance proceeds ., .
<br /> • to the sums sec�ued bY this Deed of Tmst. »; Condominiams; P�am►ed Unit Developmeats. �
<br /> 6. PreServatton and Nlainteasnce of Propeityt 1� t airment or dete:ioradon of the ' �. �.,.
<br /> Bonoaer sLall keep the PropertY in Bood�Pair and sball not commit waste or pecmi imp :.
<br /> '. p��y���omply with the provisions of any lease if this Deed of Tinst is on a lezsehold.ff this Deed of Tmst is ��
<br /> ' � on a nnit in a cflndominium or a planned unit development.Borrower sl�all parform all of Borrower's obligadons under the ___
<br /> s su
<br /> declaia6on or covenants creating o:goveming the condominium or planned unit development.the by-laws and reguladons i=.
<br /> . of the condominium or planned unit development.and consdtucnt dflcumenis.
<br /> 7. Protection of Leuder's Sa�'�t9• If Borrower fails to perform the covenants and agreements contained in tbis
<br /> ` Deed of Tmst,or if any action or pmceedin8 is commenced w�cb��y����e�sburse such sums��°�8 ..
<br /> L.ender. at Lender's option. upon uotice to Boaower. may make sach appearances• `
<br /> � reasoffible aaorneys' fees.and take such action as is necessazY to Protece Ixnd�'s interest. If I.ender recluired mortgage ,
<br /> �n5urance as a condition of making the loan secumd by tiris De�of Tcnst, Bo�ower shaU PaY the Pie����to _
<br /> maintain such insurance in effect unnl such time as the requirement for such inc�rance tEIII11nSt2S !ri SCCOILI3IICC Wltll . . �
<br />. . , Borrower's and Lender's written agreement or applicable law. �'
<br /> � Iwy amaunts disbursed by Lender pursuant to this paraSraPh 7.with interest theieon.at the Note rate.shall become �
<br /> ; additional indebtedness of Boirower secured by this Deed of Ttuse. Unless Borrower am!Lender agree �� Notl�in�
<br /> ': payment. such amo�mts s3�all be Payable upon nnace from Leader to Hotrower requesdn8 PaY� . __
<br /> contained in this paraB�apb 7 s��l��ndet to incur any expense or take any acdon hereunder�o� of the PropenY• �
<br /> �a �..
<br /> : 8 ��{ap. L�nder may n�ake or cause to be made reasonable enuies uponr��1 b� u�e therefor related to
<br /> � provided tbat I�ndet shall Si�e Borrower notice prior to any such inspecdon specifying �.�
<br /> . Ls�ndei s int:resi'+_n the Property. � . ..
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<br /> ; Pane 2 oY 5 �. �•_
<br /> � Ncbraska 268�6-3 11l96 Origiaal(Recorded) Copy t8raach) Copy(��tom�r) i -
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