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<br /> ' TWZLA M SB1�NIi�N RAYMOPID K SSANIAN Q��'��j�(}SQ7 211404 03/25/1997 � ' _-_
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<br /> �. � 9.Cond�nnatiQn.The proceeds of any award or claim for damagzs.di�:ct or wnsequenrial.in co�on with any �i. . '�:
<br /> ' �ondemnatian or oth�r taking of the Property, or pai't rhereuf, or for conveyam-c in lieu af condemnation. are hereby , � .
<br /> � assigned aad shall be paid to Lender.subjax m the[emis af any mortgage.de:d of mut ar othcr security agreement with a ' ; . . . _ ` < -�'�_
<br /> lien which 6as priority over this Deed of Tnut. ,
<br /> 10. Borrower Not Released; Forbear�nce By Lend,er Not a Walver. Factension of che dwe far payment or , ..'�'�
<br /> modification af amortiradon of the sums scxured by this Drxd af T:ust gran.ed by Lender co any successor ia interest uf `_
<br /> � Borsower shall nnt operate to release, in aay manner. the liability of�he ori�.nnal�urrower a�nd Borrower's successors in , . . � `
<br /> interest. Lender sha11 not be required�n commence proceedings agaiast su�h sua:essor or refuse w extend rime for payment � . .
<br /> � ; ar othenvise modify amortirdtion of the sums secund by this Dced of Tmst bq reason af any demand made by the original i • •. ` .
<br /> tBorrower and Borrovrrer's successors in imerest. Any forbearancx by lxnder n exercisin�any right or remedy herewtder. ,. . —
<br /> i or otherwise afforded by applicable law,shall aot 6e a waiver of or precludr dir r.xerc�ise of any such ri�ht or remedy. �
<br /> � i l.Suocessors and Assigns Bound;Jaini sued Sev�ral Uabil[Yy:Co-siq¢�ers. The covenants and agreemrnts herein , • •�:. '.
<br /> contained shall bind.and the rights hereunder shall imue to.the rns�ra.�tive�u�cess4rs and assigns of Ixnder and Borrawec. i c -- - . ----_-_.
<br /> . subject to the provisiQns of paragraph 16 herec+f. All covenanu and agre�en�:ents of Borrower shall be joint and several. � . . �
<br /> Any Borrower who co-signs this Deed of Tnut.but does not eAecute the Notr, (a)is co-signing this Deed of Tnist only[o � : ;
<br /> � g�ant and comrey that Bormwer's i�enst in the Properry to Tnutee under the terms of this Dced of Trust. (b) is not i - • _ _
<br /> ' personally liable on the Note or under this Deed of Trust,and lc)a�ees ti�u Lender and any other Borrower hereunder , ... _ . : ,. .
<br /> " ; may agree to extend.modify.forbeac.or make any other acconimfldations witn regard w the terms of dus Deed of Trust or �.� . ". `
<br /> ' • the Note,without d�at Borrower's co�ent and without releasing that BorrowCr or modifyiug this Deed of TnLSt as to that �
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<br /> Borrower's interesc in the Property. , . � �`-
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<br /> 12. Notice. Except for any nntice required under applicable law ta be given in another manner. (a) any norice to _�,r��Y,�
<br /> . Borrower pmvided for in this Deed of TnLSt shall be given by dtlivering it or by mailing such aotice by c:ertified mail . •- -•--�•
<br /> . .
<br /> � addressed to Borrower at the Propecty Address or at such other address as Bc�rrower may desip�ate by nodce to I.ender ac . ;;^.,,_' •
<br /> � provided herein.and(b)any natice to Lender shaU be given by certi8ed mai. to Lender's address stated herein or w such . ;
<br /> oeher address as l.ender may designate by notice to Borrower as provided 6eiein.Any notice pmvided for in dus Deeit of . :��j� Y�.,,;;�.
<br /> �,; � Ttust shall be deemed to have been given to Borrower or Ixnder when given iu the manner designated herein. ` •���-
<br /> YC'�
<br /> 13.Caverning Law;Severability.The state and local lavrs applicable to this Dee�of Tms[shali be the laws of the . :_��•�
<br /> " � j j u r i s d i c t i o n i n w l ri c h t h e P r o p e r ry i s l o c a t e d. The fa�oin g senteace shall nat limit the ap�licability of Federal law to this .,� � ,�„T
<br /> i mvision or clause of this Deed of Tmst or the Note conflicts with licable l aw. ��� `�'�
<br /> . j Deed of Tntst. ln the event that any p aPP :_:�_r -�_�:.
<br /> - such conflict shall not affect other pravisions of dus Deed of Trust or the Note wirich can be given effect without the .;$.�
<br /> � con8icting provision,and to this end the provisions of this Deed of Trust and the Note are declared to be sevetable. As :' +=
<br /> • • used herein. "cosrs". "expenses"a n d "attorneys' fees" i n c i u d e a ll s u m s[o t t.e e x t e n t not prnhibited b Y a p Plicable law or ,�. ��-�
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<br /> . limited herein.
<br /> 14. Boesower's Copy. Borrower shall be furnished a conformed copy :f t6e Note and of this Dced of Trusq ac the � ��:�
<br /> . � time of exetution or after recordadon hereof. �
<br /> � 1.5. Rehabi4:�3aUon I.oan Agreesaem. Borrower sl�all fu16ll all of Borrower's obligarions under any home F�.;,1_.�,
<br /> rehabilitadon. impsovement, repair or other loan agreement w6ich Borrower�nters into with Lender. Lender.at Lendearny ".r ,_-
<br /> opaon, may req�r�Be�rower to execute and deliver to L.ender, in a form acceptable to L.ender, an assignment
<br /> . ;,; rights.claims or defenses which Bonower may have against parties who supply labor.materials or services in connecdon :¢!4i..
<br /> with improvements made co[he Property. � :`:: -
<br /> - ` � 16.Tra��r of the Prnperty or a Beneftdallnterest in Bomnwer. If aU or any part of the Propen7+or any interest � � .
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<br /> -. � in it is sold or uansfernd(or if a beneficial incerest in Borrower is sold c�r aansfetred and Borrower is not a nauual '�t�,.. �
<br /> • ; tn full of all svm5 � r�-i�:.�-�-�-'
<br /> . person)without Lender's prior written consent. l.ender may.at its option.require i m m e d i a t e p a y m e n c' '�-- . �
<br /> .;, � secured by this Deed of Tn�s[. However, this option shall not be exercised ry Lender if exercise is prohibited by federal - . , t
<br /> law as of the date of this Deed of Tcust. , - _��-
<br /> � If Lender exencises this opdon. Lender shall give Borrower uouce of acceleration.The nodce shall provide a period � -
<br /> of uot less than 30 days from the date the nodce is delivered or mailed within which Borrower must pay all sums s�ured .�.-.;,':'-.-- _
<br /> , by this Deed of TnLSt. If Borrower fails to pay these sums prior to the expiration of this period. 1.ender maY im'oge ai►Y '_;_�•�
<br /> remedies pemriued by this Deed of Tn�st withwt fiuther norice or demand on Borrower. `�rt - �v ''
<br /> � NON-UtVIFORM COVENANTS. Borrower and Lendor fiuther covenant aad agree as follows: - �,���`� - .-
<br /> 17. Acceleration; Remedles. Except ag provlded in para�aPh 16 hereof, vpon Borrower's breach of any . :-.�•-��-•-�
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<br /> covenstnt or�geeameat of�orrower in thls Bead of TrvSt, inclaidiag Borrow+er's failure to �ay,by a6e end of 10 �, , __, �T:,_
<br /> calendar days after they ere due,any s�s secured by thfs Deed ot�'rust,Leader prior to ac,eeleration shaU give .�� _
<br /> notice to Borrower as provided in para�raph 12 hereof spectfying: (1)the br�ac� (Z) t6e actton requlred to aue .
<br /> suc6 breach;(3)a date,not les�than ZO days from the date t�e noiice t�maited to Bor�rower,by whicla sucb Dreach . � ' ' '�""
<br /> must be curedi and(4)that fall�are to cure such breas�on or bePore the date spedfled in the notice way rasWt in ��`
<br /> � accet�ation of the swns secwred by thts�eed of Trust and sale of the Property. The no�tice shall ilurther lnform � �
<br />� Borrower oP the rtght to reinstate after acceteration and the rtg6!to briag a cowt actlon to as.�4 the noneRistence of
<br /> . _ a default or any other defense of Borrower to accelwatton and sale.If the bresc6 is not cured on or befom the�ate •. _
<br /> specified ln the notice,Len�er,at Lender's option,may declare all of thr sums secwr�vl by ttils Deed of Tnsst to be • , .. �
<br /> , tmmedlateiy due aad payabte w[thout further demand and may involce tde power of sale and any olhEr r¢medles .
<br /> � .i permitted by appllcabie taw. I.ender shall be entitled to collect sU reasonabie costs and expenses lncurred In • �.
<br /> . .� Pwrsul�the r�+edtes provlded in thi9 paragraPh 17,inciuding,6ut not limited to,reasoaabte attorneys'Pees.
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<br /> IP the power of sale ls involced,Tnstee shall record a nottce of default in each county In wi�1c6 the ProPeitY or �
<br /> � sar�e part th�reof 1s toca4ed and shall mai! copies at such notice in the manner prescr�bed by appiicable law to . �, �''
<br /> • 1'�rrower and to the atlxr pe�sons presaribed by ap�"�rable law.After the lapse of suc6 time as may be reqnired by -_-
<br /> . � appllcable law,Trustee shall glve pub"cz matice of sale to the pelsom and in the�+A�n�*prestdbed by appllceble , - --�
<br /> ; Iaw.Trustee,w[t6out demand on Borrower,shatl sell the Froperty at pubtic auciion to the Wg6est bidder at the time �:,._
<br /> ! end place and ander the terms designated in the notice of sale in one or more paroels and tn such order as Tnstee . ---
<br /> , cnay detp,imine,'I'rustee way postpone sale of all or any parcel of the Property by pubiic anaouncement at the time �i� .
<br /> � and place of any previously scheduled sale.l.ender or Lender's de5lgneP may purchase the Property at any sale. , �_
<br /> � �Jpon receipt of payment of the prlce bid,Trustee sh�ll dellver to the purchaser 7'n�ssee's deed rnnveytng the : �
<br /> � property sold.The r+edtaLs in the Tn�stee's dced shall be prima fs�cte evidence of tke truth of the statements made � � . -
<br /> therein.Tn�stee shall apply the proceeds of the sate in t�e foUowing ordes:(a)to all reasoaable costs and expeoses of � .
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<br /> i the sale,induding,but not Iimited to,Trustee's fees aduaily incurred of not more than S°6 of the�sale prioe, . � �_
<br /> � ; reasonable attorneys' fees and costs of title evidence; (b) to NI sinns sbcured by this Daed of Trust: and (c) the ( .
<br /> i excess,if any,to the persfln a�petsons l e g a l ly e n t i t t e d t h e r e to. 4 �"_ �
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<br /> 1 Nebraska 26876-3 11�9e Origiaol(ROCOrded) Copy(Hraneh) Cepy(Cuatflmor� page 3�t5
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