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<br /> ,.:�r�,;i of Borrowcr's coveuants and a�memeuGS u►�der tlnis Securlty Instrument and the Note. For tl�is purpos�� Danower
<br /> �n irrevocably grants and conveys co riie Trustee, in trust, �vid�power oi sale, the fallowli�desc:rilxd properry iocated � .
<br /> in 81w�. Caunty,Nebrasic�:
<br /> LOT 7, ALOCIC 1, CiSOAOIZ LOALI'g BIIBDMBION, CIT3C 08 tiRAND ISI.aND, HALL COIINTY.
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<br /> I THLS IS A PUI2CII]i8S Di0IJ7ZY SECDRZTY INSTRUl�NT. -��-.
<br /> TAlt STATS�SSN'PS B�IOULA f31& S�NT TO s NOR9P&8T MORTf3]►O8 INC., P.0. 80X 5137. D!3 ?'��`
<br /> i MOTATBB. IA 503065Z37
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<br /> 's:�; wluch has die address of G18 �11YT 12TH ST, OR7►!m ISL7�ND [sucei,cicy�, '_-_
<br /> �3.{ NebI881�A 68801 lZip Codel ("PiopeIty AddsCSS"�� "'�-
<br /> � TUGSTHBR WITH all tl�e improvements now or hereafter erected on the property,and all easements, - -
<br /> ' ","� appurtenanc,es and fixtures aow or hereafter a part of the property. AU replacements and adtitions s�aU also he _-__
<br /> covered by tl�is Security Insmru�ni.All of the foregoing is referred to in this Security Insuument as the"Properry. --
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<br /> —__--� �O u':�LI.'L'P.CL'L'E*:P.I`:T�!12:t Et�zto::�ez+w!s:�'u!!���LLY Q!iu?PCta??�LI?�y CAIIYPVP(I AT�(�IIAC III�1'i�ht tn
<br /> ' Srant and convey the Property�d that the Pcoperty is uue�bered. except for encumbrances of record.Hotrower �°"
<br /> ;,%�� wnrrant� and wIll defend �er.gxally the dtle to tlie Property against all claims anti deznands, subjxt to any r,•:�
<br /> . . ';,,,':tKt; encumbrances of record. `
<br /> � TFIIS SECURITY IlrTSTIt�IJMBNT combines unifocm covenants for aaacnal use and non•uniform ca��evants
<br /> � wlth limited variations by jurisdi'rction to consdtute a unifarm sec�uity instiumettt covedn�teal property. �
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<br /> � Honower aad Lender wvc�ttw2�tnd agree as follows:
<br /> UPIIFORM COVBNAIVTS.
<br /> 1. Payment of Principall, Interest and Late Ctiarge. Aanower shaU pay when due t6e pr3ncipal of, and
<br /> interest on,tLe debt evidenced�by the Note and late charges d�e under she Note.
<br />". . � 2. Monthly Paymeat aP Tcucss, Insurance and Other Charges. Borrower shall include in each monLWy
<br /> _ .�. paytuent,together with the privcipnD z�nd interest as set forth in the Note and any late chaeges, a sum for(a)taaes and
<br /> � speclnl Assessments IevIed or ¢o bs levied ag��aut the Propecty, (b) leasehold payments or ground rents on the
<br /> °' Property,aud(c)premi�nns fo�iusurance requiaed undcr paragaph 4. In any year in wbich tbe�.ender must pay a
<br /> s" mortgage insurance previlur�t�n the Secretary of Housiug and Urban Development('Secntary'), or ia any year in
<br /> :-: wtrich such premlum would ILZVe been requlred if l.ender seill beld the Secvrity Insuument, each monthly payment _
<br /> sl�all also include elther:(i)a sum for the aanual mortgage insuiunce premium to be paid bq I.endeT ro the Secretasy,
<br />_--- or(ii)a monthly cLnrge instea�of a mortgage insurance premium if this Security Insuument as hold by the Secretary, _.
<br />- ' in a masonable amount tn be determined by the Secretary. Except for the monthly charge by the Secntary,tbese '
<br /> - . . items are called'�scrow Ite�ns"and the sums paid to L.ender are called'fiscrow Funds." �=`:-
<br /> � Lender may. at any ti�ne, collect and hold amnunts for Escmw Items in rin aggregate amount not to exceed tLe �-_
<br /> „ meximum amount that may Ue requ'ved for Burmwer's escrow account under the Real Bstate S�ttlement Procedures .
<br /> Act of 1974, 12 U.S.C. Section 2601 et seq. and implementtng regularions, 24 CPR Part 3500,as tt►ey may be
<br /> aruended from time to rime("RBSPA"), except that the coshion or mserve pennitted by RBSPA fos eEnaniicipated "_
<br />� disbursements or disbursemcuts before the Bonower's payments are available in the account may nr�e �e�Sasal on
<br />_ s;..":: ,,� � ;�ounts due for the mortQa�e insurance preuuum. `;
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