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<br /> . _. of Borrowei s oovenants and agreemenu under this Securiry Inst�t and tY.e Note. For thi�purpose, Borrower � �, ' . •
<br /> � ------ irrevocabty grants and comeys ta the Tnntce. ia uust.widt�iYer of sale.the following described property located � �_ . ,---
<br />- � ' � in Hal l County. Nebraska: � � ;. ,�
<br /> � The Northerly Forty-Nine and Two Tenths (49.2) Feet of Fractional � :
<br /> . Lo+L Eight (8), Fractional B7ock One Hurtdred One (101), Koenig's , �
<br /> - . and tdeibe's Addition and its complement, to-c�it: FractionaS Lot ' - -� �-- - �
<br /> � � Eight (8), Fractional Block One Nundred One (101), in Railroad � •
<br /> - �� Addition, both Additions to the City of Grand Island, Hall Caunty, � _ , � �:��:
<br />- Nebraska � . � � -
<br /> `S • • '
<br /> . ,:}. �
<br />_ "-� - � - � . ''_. .
<br /> � . . wiuch has the add�ss of 214 S. Elm ,6rand I sl and tsm«.c�cyt. � _ � _��
<br /> � �- Nebraska: 68801 lzip�oael ('t�roperry Aadnss°): , ._�_ �_ _E
<br /> . ' .ii , ,. ',_ .`�+:
<br /> TOGE7'HER WITH all the impmvemenu now or hereafter erected an the property. and all easetnents, . '`�' ;
<br /> _ � .:`�' appurtenances and fixtures naw or hereafter a part of the properry. All replasemcats and addirions sLail also be � .: °<Y;�•�: `.
<br /> - _.... covered hy this Securicy L�saument.All of the foiegoing is ceferred to in this�ecurity Iustr�meut as the'Fro �.- .�3 �
<br /> P�Y• :,�•'i-r.�..;
<br /> � �: =�+.^`:.
<br /> . ;,,r.;._.I .
<br /> BORROWER COVENANTS r1�Borrower is lawfiilly seized of the estate hereby conveyed and has the right to , ��.:�.�;,_,
<br /> " grant�ad convey tlze P�ogerty a�d,it�the Property is unencumhered,except for encumbcaa�es of record. Borrower ��:�.�;.
<br /> warranu and will defr�r� enera:Iy the tide to the Pro erty against all. claims and �ands. subject to any . ;�:�`,.
<br /> , g ra p i ���.��:
<br /> encumbrances of recc!�d. . f,`.;�:
<br /> � . ,� �,
<br /> TI3LS SECtJRTfY INSTRUMENT combines unifoim caF•e�ants for national use a.rsi non-uniform covenaats • . �':,�:;�i :.�;
<br /> � with l�ited variations by jurisdiaion to constitute a uniform s��:sity inswment coveri�„c�1 properry. � ; • . :�ti`j r%.�;'.
<br /> ;. . .•.lj� :M1,
<br /> ' ' ` Borrower and Ixnder coveaant and agree as follows: ' ���::'•'.;�'�'°
<br /> e'i_
<br />::i1t ' i� �
<br />. , , UNtFORM COVENANTS. -� . •• ^+�:£
<br />;�; . . ; .. :.:,
<br /> - ,'tir_�,' � 1. Peyment of Prtadpal, l�erest and Late Charge. Borrower shall pay when due the prlucipal of, and =,['-�'� °
<br /> . "i�l�;:�h' ._ ..... -�.�:Z�V/�!•.1r.fr".
<br /> � , interest on,the debt evidenced b the Note and late c es due under the Note. � :+N�'�°�
<br /> 'tK•a; Y �S .,":k,�.;�;r
<br /> Z. Mo�rthly P�ymeat of Texes, Iasmance and Other Chaiges. Borrower s6all iuciude in each montlily , . . _
<br /> �` � payment,together with the principal and interest as set forth in the Note and aay late chargea.a sum fos 4aD taaes and �'+�, :, : :'��-�
<br /> %� . special assessments levied or to be levied aga�.n the Property, (b) lease���d paymenu or gouc� c�ats on the �S�»±����.� ... •. ...
<br /> �.>:,y,.:�.. • . ._.
<br /> ;# . � Property,and(c)premiums for insurance reqvired cuider paragaph 4. In�r}�ar ia which the Lendzr mugt pay a . ,, , s�
<br /> `� � . mort�:insurance premium to tu�Secretary of Housing and�.'rban OeveIapment("S�rY"). or in any year in � ;,;.•,'.<:;�`<.:
<br /> - which such remiwn would have�. tf Lender st�1I�eld the Securi Instrunc�,eaeh monthl eat ' ' , .•' ;;`�F+t;;';`
<br /> P �� tY Y D� ,...jic�.,
<br /> • � shaall also include eitic�: (i)a sim for the ann;ut ar�ngage insurance premium.to De paid by Lender to the Secretary. •� . ��''��"'��*-
<br /> 11 . :�,:::;• .
<br /> . >r�:•:,
<br /> .. or(ii)a monthly ch�r_�c:ss�d af a mortgage insurance premium if this Sac�cy �+t+ t is held by che Secretary. "_ .�,�j;, .
<br /> . in a reasonable amou�.c�lse�ined by the Secretary. Except for the�nthly charge by the Secretary. [hese ' ;.,.;.a�;,�t:_�-�;
<br /> . items are called"Escrow Items'zas�e sums paid to Lendcr are called"Escrow Funds.' . ..,;;s;�t;;•. :.
<br /> :;`;, � Lender may,at z�y time, cciT•ct arid hotd amounts for Escrow Items in an aggregate amount not to exceed the . •
<br /> -- � maximum amount t�t�ay be required for Borrower's escrow account unC�the Real Fstate Senlement Procedures .
<br />�;�.-:� � : Act of 1974. l2 LI.�.�. Section 2601 e�seq. and implementing regulatiars, 24 CFR Part 3500. as they may be � � •.
<br /> 1�+�, ..
<br /> �t; . amended from[ime to time("RESPA"), except that the wshion or reserve permitted by RESPA for:uianticipated
<br />_=,� disbursemenu or disbwsements before the Borrower's payan�.•s are available in the acccunt may not be based on , � :
<br /> amounts due for the mortgage insurance premium.
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<br /> . ��iRlNE1 cseoa�.cr Page 7 of 8 ra��n: i"� � ';� ` �
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