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� .. �..`— _ ._ . .. _, . � •` � . . `". � t. ; � `. ..' . ,. ' . . ` '..� � �'4_' <, , � ��_. --� <br /> . �� , � < i��1ft <br /> , • g�o �itD�)?�� � ,.. �; q�:�. <br /> ; ; . . � .=- <br /> ; . �� <br /> � , - <br /> � BURROWER AND I.E�IDCR AGREE AS FOLGOWS: ; , ° , i, <br /> ' 1. Borrowcr shall pay whcn due,the principal and interest as provided in said Note. � , . . -�-�� <br /> 2. All payments received by Lender shall be fust applied to advances which may have ,. . '_—� <br /> � been made by Lender and then to interest due and last to pnncipal due. � • . . , <br /> � - 3. Borrawer shall gay all general real estate taxes and special assessments against the I._ _ : �� �' ����` <br /> _<<.,.,�..=:_ <br /> property before the same become delinquent. � � <br /> . 4. Borrower shall keep the improvements on said premises insured against loss by fire " ; '. ','���_ <br /> � and hazards included with the term"extended coverage"for their insurable value and policies for ``�"'���: <br /> .� the same shall include a standard mortgage clause showing Lender herein. In event of loss, , ; ? � ��� . <br /> Lender ma make roof of loss if not rom tl made b Borrower. Insurance roceeds shall be �'�' ��Y <br /> � Y P P P Y Y p . , �:�''�•: <br /> applied to restorarion or repair of the groperty damaged,unless both parties otherwise agree, �' ' .t; - __ <br /> except if reswration or repair is not econamically feasible or Lender's security is not lessened, ' _ <br /> � c otkerwise said proceeds shall be paid on the debt herein,whether or not then du�. � 9��_-�-.. <br /> � --- <br /> Unless Lender and Borrower otherwise agree in writing,any payments or proceeds&om ` � ���-::�z�- <br /> insurance shall not extend or postpone the due date of the monthly payments provided in said � "_°;;�-��.:: <br /> instrument of indebtedness,or change the amount of the payments. '' <br /> ���'�--- <br /> 5. Upon request of Borrower,Lender may,at its optian,make additional and future "_:_�2 <br /> advances and readvances to Bonower. Such advances and readvances,with interest thereon, . ---�.�� <br /> shall be secured by this Deed of Trust. At no time shall the principal amount of the indebtedness - „�-_ <br /> secured by tlus Deed of Tntst,not including sums advanced to protect the security of t}us Deed `=� . ���fi-.- <br /> of Trust,exceed the original principal amount stated herein,or$200,000.00,whichever is ' � ''" �•'.. <br /> greater. _�. *, � <br /> . �9• _ <br /> - S _;-,:. <br /> v . � ti'. <br /> 6. If Boaower fails to perform the covenan.ts and agreements herein contained,Lender _ - ;�`;�� �` <br /> ' may do and pay for whatever is necessary to protect t he v a lue o f t he prope r ty and I.ender's ri g hts <br /> in the property,including the paying of any sum secured by a lien which has priority over this �S ''.� <br /> Deed of Tnist,appearing in Court,paying reasonable attorney fees and entering the property w � � !�' ! - <br /> make repairs. Any amount disbursed by Lender under this paragraph shall become an additional -=��� . `3e " — <br /> - debt of Boaower secured by this Deed of Tnist,w bear interest from the date of disbursement ��.�,_ � '� {� �_ <br /> '.� . <br /> and said amount,together v�nth the then unpaid principal amount,shall bear interest at the highest :�.-.�5:; � ,;�__ - <br /> lawful rate until refunded by Borrower. — <-��- <br /> � �,. . ..�..,�.. <br /> �;',�y�', <br /> M��«- <br /> 7. The proceeds of a condemnation award are hereby assigned and shall be paid to ��¢_-• �:'�-•`�:.�_ <br /> Lender and shall be applied w the sums secured by this Deed of Trust,whether or not then due, '�'""'"`� � '� <br /> -�_ .-- <br /> . with any excess to be paid w Horrower. • =-�_�-�=��-�----- <br /> 8. Any extensions or modifieations of the loan granted by Lender W any successor in _���� <br /> ;:=.z-�, ,_ <br /> � interest of Borrower shall not operate to release the liabiliry of the original Borrower or �z. <br /> ,; �, .���. <br /> Borrower's succ,�ssors in interest. Any forbearance by Lender in exercising any right or remedy .:�-*� ,.�- ; �_- <br /> � shall not be a waiver of or preclude the exercise of any risht or remedy. _�"'���"` <br /> � � � ";{�;�r�. <br /> 9. Any norice to Borrower provided for in this Deed of Trust shall be given by delivering ''�"�'�"`' — <br /> � it or mailing it by first class mail unless Nebraska Law requires use of another method,at the ��±�'.•�;�;;,;. <br /> Boaowet's last known address. . ;�`- <br /> � 10. This Deed of Trust and the Debt which it secures shall be govemed by Nebraska ' �: . �. � .. <br /> . I Law. . <br /> � ,,.•. . <br /> � ; 11. Lender shall give notice to Borrower following Borcower's breach of any covenant or � � �:�- <br /> � � agreement in this Deed of Trust and the Debt which it secures. The notice shall specify(a)the ' <br /> � default,(6)the action required to cure the default,(c)a date not less than ten(]0)days from the , . <br /> date the notice is given to Baaower by which the default must be cured,and(d)that failwe to � <br /> � � � cure the default on or before the date specified in the notice may result in acceleration of the sum . • . _ <br /> secured by this Deed of Trust and sale of the property pursuant to the power of sale herein . __ <br /> �; granted. The notice shall further inform Borrower of the right to reinstate,after acceleration,and � <br /> the right to bring a court action to assert the nonexistence of a default or any ottter defense of ' — <br /> � Borcower to acceleration and sale. If default is not cured,on or before the date specified in the � . <br /> notice,Lender,at its option may require immediate payment in full of all sums secured by this . � <br /> � Deed of Trust without further demand and may invvke the power of sale and any other remedies � . <br /> , � permitted by Nebraska Law. Lender shall be entitled to collect all expenses incurred in pursuing . . � $ � <br /> ' the remedies provided in this paragaph or otherwise taken to protect its interest in collateral � �.- <br /> � '•; described in this Deed of Trnst or enfotce any provisions hereof,including but not limited to � <br /> reasonable attorney fees and costs of title evidence. i " � <br /> � _ <br /> ; ', � <br /> , <br /> ! 2 . ,� � <br /> --- , <br /> ,, : . - --- -- �....� <br /> • .�-. <br /> . � ��' <br /> ' �� - -.r � . - . <br /> _ '_ 1 � �— . - ='-'-Ls;=_ -'— -T-'� • � . . , . --. , — "—_ -,"--- ' _ '— ' — - . .�1c� —_--• -' ' . <br /> _, _. ._ .. .. <br /> .. <br /> '. .. . .„ _,. .� <br /> • • � : � • � . ' '4 .. . ' i. • . ' • •(• � ' . <br /> �. . . <br /> � .. .•• � <br /> . <br /> . .. � � . , . . : _ . . <br />