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<br /> � of Borrowcr's covcnu�ts and n�rcemcnts under ihis Socurity Instrumcnt nnd thc Note. For this purposc, Borrowcr . .�_
<br /> � Irrevc�eAbly gmnts uttd comeys to the Trustee,in trust,wi��pnwee�f sa1e,the Collowing desceibed pcop:xty lacuted in
<br /> . � H1u.L Counry,NcUraskn: • ,
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<br /> � � � LOT THRfib (3) , HLOCK 3IX (6) , IN MORRIS rOURTH ADDITION TO THE CxTY _
<br /> OF dRAND ISLAND. HALI.� COUNTY, IJ�BRASKA..
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<br /> � whiCh haS thr,BddfCS3 of 3x1 F� 20TH STRFBT, (�RP.ND ISLA2�?D �Stnet,ciryj, • �`"-- _
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<br /> ' Nebr�ica eeeol l�pcoao) ("PmpenyAddress"); � ,._.
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<br /> �'� 'POGfi'i�R WITH all the improvements now or hem,after c�tcd on die property, and all ez5ements, . �,�.;�:;;,,�„�
<br /> ' ap�urtenances and i"ixdues no�v an c�rcafter a part of the property.All re;�i�cements and addiaons shall also be covered �� �-
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<br /> , by this Security[nstrumr,�t Ali of tha foregoing is referred to in this Security Instrumeat as Ihe"Prope�ty." -�:s' r����
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<br /> ���•; BORROWER COVENANfS that Borrower is lawfully seized of the estate hereby conveyed and has the right w �.'�k;-. '`i�''
<br /> • grant and convey the Prope�ty and that the Property is unencumbered,eacept for encumbrances of rccord. Borrower ,f
<br /> „ ,� wa�rant�and will defend generally the title to the Property against all cla�ms and demends,subje�t to any encumbrances ��
<br /> of recacd.
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<br /> THIS SECURI'TY IIVSTRLJM1�4�'iTV'f wmbines uniform�venan�s for nutional use and non-uniform covenants with
<br /> , �, limited variadons by.jurisdicaon to consdwte a uniform security instnunent covering real propecty. <
<br /> , � , Borrower and Lender wvcnant and agroe as follows: -
<br /> �"'.�'� i1NTF(3RM COVBNANTS. ';?
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<br /> . ,�:::,��'� ' 1.�ayment ot Principai,Inttrest�nd l.ate Charge.Borrower shall pay when due the principal of,and int,erest •t:.�;
<br /> on,the debt evidenced by the Nou and late cbarges due under the Notc.
<br /> ' � 2.Moathly Payn�ent of Taxes,Insurnnrc and Ot6er Clsprges.Bonower sliall include in each manthly paymcnt, �--
<br /> . togelher with the principal and interest as set fonh in the Note and any late charges,a sum for(a)taxes snd special
<br /> � esscssments levied or to be Ievied against the Propeity,(6)leasehold payments or gxound rents on thc Pr�apeny,and(c) ��-
<br /> . .. � premiums for insurance required under paragraph 4. In any year in which the Lender must pay a mortgsge insurano�
<br /> � � pmmium oo the Secnetary of Housing and Urban Development("Secretary"),or in eny year in which such pcemivm _
<br /> ` �! • would have b�n required if L.ender sdll held tfie 5�,curity Instrument,�+ch monthly puyment shall also include either:(i)
<br />•°�� �,;:,`:� a sum for the annual mortRage ia�surance premium w be paid by I.ende�to the Secretary,or(ii)a monihly cherge i�stead `
<br /> . .`:.•��� af a mongage insurance pmandvm if this Security Instrumrait is held by the Sacretacy. in a reasonable emount tm�x
<br /> � ���� determined by the Secxetary. iEYCcept for the montlily charge by the Secretary,these items are called"Escmw Items"and ����_
<br /> -. .. . , • the sums paid w Lender are c�lted"Escrow Funds." =—_ ---- —
<br /> '_'� Lender may,at any time. collect und hold amoun�c for F�crow Items in an aggregate simotu�t nat to exceed th� �
<br />,__r; ... ' , maximuen amount that may be required for Borrower's escrow account under tht Real Estate Settlement Procedures Act __- _
<br /> -" �: of 1974, 12 T.J�.S.C. Section 2frfl1 et seq.and implemcndng regulations,24 CFR F'art 3500. as they may be amendal ____ ----- -
<br /> " �� from pme w time("RBSPA",�,�except that the cushion or reserve permitted by RESPA for unanticipated disburscments =a ��- ___
<br /> or disbursements before the Botrower's payments are av�ltible in the account may not be based on amounts due for the ��� �
<br />-- _ '• . : F.� mortgage insurance premium. ���+`P��=-
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