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<br /> 97-� �n4o46
<br /> of Ii�rrower'g covenauts and egreements under this Sccurlty Instrumcnt and the Note. For this putnose, Bottowcr
<br /> trnvocably grants and conveys to the Trustee� in trust,with pawcr of sale, the following described propercy locateJ
<br /> in Hal l County,Nebraska:
<br /> The North Ten �eet (1�°) mf Lot �ighty-Nine (89) ar�d a�� a� �.mR
<br /> Nine�.� (90), HawthQrne P�a��e, City of Gran�l Island, Ha�l Count�,
<br /> Nebraska.
<br /> whlch has thc add�ess of 948 S. Oak Street,Grand I sl and tsa��.c�ty�.
<br /> Nebraska 68801 (z�p codG] ("�oP�n�'�»�ess");
<br /> 'i'Q4ETH�2 �tiVITH all the imp:ovemants now or henafter erected on the property, ar�ci a•l] �asements, -_
<br /> a}�urtenencps and flamres now or h�naRer a,�art of t2ic pmpeny. All rcplacements and additions shnDl �lso�a�
<br /> covered by th�s Security Instrument. All of the for�going ns re�'�tttd to in this Secur�ty Instrumcut as tt�e "Pr�ape�rt�'.`
<br /> BORROWE�2 CAVBNANTS that Bortower ie lawfully szlaed of t�de•estate h�reby con�eped fincl hns t3i�ri�l tn
<br /> grxnt aad ennvcy�Ge Property and thAt the!'hropecty ia nnenc:�tpb�resl, ctcapt for encumbranc�s mf p�ecord. �L17dON•�r
<br /> • warranta an,c► will dofend gent7aUy the title to tbe F�rnpnrty s�ai�s7 nJl t9:►its�s a�d dez�san�Js� g�+bjc�x an uny
<br /> .�..�::.^.:�:sc�r;.g r�.r�,
<br /> fiN1i5 SECTJ�td�'Y INSTRUMENT combinea uniform.^.oveaant� for national use and �oa-uniform cuvenents
<br /> � with limited vacintions by Juriedictioa to canstltute a untfarm sceur[ty instry�ment covedng real property.
<br /> .f Horrower u�d Londer covcneat and egree es fallowa:
<br /> a UNIFORM COVENANTS.
<br /> ,_� i. P�yme�t o�Prlac(pd, Iata�ad and I.�te Ghwr�e. Borrower sh�ll pay when due the principal of. wd
<br /> [ntec�est on,the deM evidencod by the Note�nd lue chargea due under the Notc.
<br /> ,:j 2. MaNWy Prymeat ot '�axa� ln�uronce aad Otha'Ch�r�a�. Borrower ah�il include in e�ch monthly
<br /> � payment,co;,ether with the principal�r�d Intereat u sec fotth€n the Note�rd�ny lue cbu�ea,a sum for(e)uxa�nd
<br /> .� apecW u�asmaiu levled or to be levfod �gdnst the Pcopecty. (b) le�aehold paymeap or �round renu on tl�e
<br /> pmperty,u�d(c)Prcmlunu for(nsuraaa required under p�ragt�pd 4. In any year in which the Leader cuwt{xy a
<br /> � mattQste insuranoe pcemium to tt►e Secntuy of Housing u►d ilrb�n Dcvclopment("Secretary'), or in auy year in
<br /> whirh such premium would h�ve ban roquirod if Le,ader sti11 h�1d the Security Insuumeat, each monthly payment
<br /> # sh�ll alw iaclude etther. (i)a sum for the�nnual mongage insuruxe pnmium to be p�id by Lender to the Soc�+etay.
<br /> }, ar(ii)a monthly charge iiutead of a moctgxge insurance pnmium if this Secudry Instiument[s held by the Sacretuy,
<br /> t in�t+ea�onsble unount to be cktermined by the Socntuy. Except for the monthly chuge by the Secretary, theae
<br /> � iums are cslled'Facrow iterns"u�d tLe eums p�iG to Lender are called"F.scrow Funds."
<br /> iI�eoder m�y��t any time, collect aod hold amounts for Escrow Items in aa aggre�ue�nt not m xxacd d�e
<br /> muiaWm aan�wnt thet may be required for Borrower's exrow account uader the Ral Estue Settlement Prooeduree
<br /> � Act of 197�1, 12 U.S.C. Section 2601 d seq. and implemcnting n�:uluioas. 24 CPR Put 3500, as they �sy be
<br /> amended frnm time ro tim�e('RFSPA'), except that th�cushion or nserva pecmittod by RFSPA for unanticipated
<br /> � dlsbursements or disMussments before [he Borrower's payments ur, avaitable in the account may not be bued on
<br /> � amornta duc for tfie mortg�ge insurance pr�miurn.
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