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<br /> of Borrower's covenanis and agrecmcnts wder this Sccurity Inswmcnt and the IYotc. For �his purpose, Borrawu
<br /> ircevocahly grants and comcys to tfie Trustee, in wst,with power of sale,the following descrilxd pttipeny located in
<br /> t�,L Caunty,Nebra�{cs►:
<br /> THE EASTERLY ONE HAI,F OF TfiE WESTfiRLY ONE H}1LF OF TH� NORTHERLY ONE
<br /> unT•F (Sl/2Wl/2Nl/2) OF BIACIC TEN (].0) IN WS�iDOLPH'S ADDITIAN TO THE
<br /> CITY OF GRAND ISLAND , HALL COUNTX, NEBl2.A5KA
<br /> which has tho addre.s�of 1115 WB9T JOHN STREET, �RAND ISLAND IStreet,City),
<br /> Nebntica 6A801 �7.ip Cod�J ("PIO�e'.Ry Acid(CSS");
<br /> TOOBTHHR WITH al! the impr�vdnenla now or Ixreatter uectod on the property. �nd all easertknu,
<br /> �pputlen�nces and fixwra now or hae�ftet�p�tt of tho prop�ty.AU repi�cemenv And addidons stiall al�o be covued
<br /> by thla Socurity InatrumanG All of the(ae�oing Is re[arod w In this Securlry Instrumcnt a9 the"Property."
<br /> BORROWP.R COVfi�1AM'S th�t Bartowa i�lawfully iciiod of the cstate haeby convoyod and ha�the right to
<br /> gant and cex�voy tha Pruperty md tluu ttto Property is unencumbered,eaceept for encumbrances of record. Borrower
<br /> w�rrmtn�nd w1U defend gener�lly tho UQe w tha Proputy egainst dl claims and demands,subjoct to any encumbrances
<br /> of record.
<br /> THIS SECl1FtTfY 1NSTRUN�'sN'f cambines uniform covenants for nationel uae snd no�•unifam covenantv with
<br /> limitod variadons by juri.sdiction to constiwb a uniform socuriry instrument covering real property.
<br /> 8:,��.,w��J.��a cavtx�t a��.:,falla•��:
<br /> iJNI�ORM COVENAN'fS.
<br /> 1.Pa�ent o�Prl�cipAl,Interat a�d Late CM�r`e.Bomowe.�shall pay when due the principal of,and intertst
<br /> on.the deDt evidea�ced by ihe Note and lotes charges Aue undu the nwLc.
<br /> Z.Montbl�Payoe�t of'f�uces,Iaeuronce and OtYer CYar�s.?Bcxrowa shell include in each mon�hly payment,
<br />. togeTher wltt� nhhe principAl and intcrest as set fath in the NWC and any late charges,a sum fa Ca)taxw ond spocial
<br /> acs�ssmeats levied a to be lcviod ageinst the Property.(b)lesschold payments or ground rents on the Propaty�end(c)
<br /> pcemiums for insnrtmce roquired unda paragraph 4. Ie a+�y ycar in which the I.ender must pay a mortgago ituwiance
<br /> pnemium W the Socrdary of Housing u�d Urben Develapment("Se,ctetary").cx i�my year in which such premium
<br /> would have been rcquirod if LuMv srill held the Sxuriry Tnstmmrnt,c�eh monthlY paYmec►t shall elso include eithex:(i)
<br /> u sum fa the annual mor�go insurance pranium to be paid by L,endcr in thC Se+.retarY�or(ii)a monthly chargc instead
<br /> of a mottgage insur�premium if this Socuriry Instrument is helcl by tht Sacretary. in a reasonablo �urwunt b be
<br /> detaminod by the SaretaiY• Bxcept fa the monthly charge by the 5ecrefary,tl�esc items are callod "Escrow Itams"and
<br /> the wms paid w I.erxlar�re�alled"Escrow FLnda."
<br /> Lend�r may. at any dme,coUect u�d hol�(amounts for Escmw.lums in en aggregate amount not to exceod tha
<br /> mnximam amaunt thwt�ruy be roquircA for Bot�bwer's qcrow�ccaunt under the Iteal Estato�t Procedures Act
<br /> oi 1974� l2 LJ.S.C.Section 2601 et nq. aed impbmenting regulations,2A CFR Part 3500, av they mny be u�ndod
<br /> fram timo w tunc("RESPA"),eac:ept ihat�hc cushion ar rc.wave pamituQ by RESPA for w�andcipoted diaborsanents
<br /> or disbursemenis betae �he Barower's payments are availabk in Ihc�ccount may not be based on amounte due for the
<br /> mortgage insurance pre�mium.
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