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<br /> 97-- i04369
<br /> of Barowu's wve�su►ts xncl e�'ceme��is undcr this Security Inswment and th� Note.For thls purposz.Borrowu
<br /> unvocably grants su�d conveys to d�a'IYustce,in trust,with powes of sab.tha foUawing described �oProP�y N be roslca.�
<br /> HALI,
<br /> x,OT TWO (2) , IN BIACK ONS (1) � IN (3EI,BBRTS ADDIT:CON TO THE CITY OF
<br /> GRAND ISLAND� HAI,I, COUNTY, NFiBRASICA
<br /> Wh1Cf1hS9thCedd[+CS4Of 1007 ViEST 13TH, ORAND ISLAND [5trcet,City],
<br /> Nebr�slca 68eoi (zipcoael ("Pr�YAddre�,,'):
<br /> .''�'Lr;':ZP'P_ `.'.�lTH t�1! ihe �m�vemcnts ao�v or ha+�atter erocted on it►e pro(x,rty. and all tasemrntst,
<br /> epp�utas�nces�nd fixwms now or t�enaftar a pazt of tl�e proputy.AU replacc�ea►ts r�d edditions shail d90 be cova�od
<br /> by this Secucity InsttumenG All of the foregoing is refarod co in this Secu�ity In.wurna►t ag the"Projxity"
<br /> BORROWER COVHNANTS that Borrower is lawfully seiud of the estate fxnby conv�yed and has the right to
<br /> grant and convoy tho Pmpaty and thAt tho P,ropaty is unrncumbaod.eaccept for aicumbrnnces of rocord.Bortower
<br /> warr�nts end wfll defaxl genaally the dde to tha Pcopacy eBainst all cleims and demuida,aubjcct to aay encumbrences
<br /> � of recard.
<br /> TfIIS SBC[JIt1TY INSTRLTIv�NT combines uniform covenencs fa nadoml use and nnn-uniforn►covenanis with
<br /> limiied v�rinsions by jwri�tliction w consdtuu a un�foan security insm�mait covai�eg real propatY•
<br /> � Barowa and Lender covenant and agroe as follows:
<br /> ' UNIPURM COVBNAN'PS.
<br /> • 1.Pqme�t of Principab Interest�ud l.ate Ch�rga Bomower shall pay wtirn due the principal of.and inierest
<br /> � on,the debt evidenced by ihe Not�o and latc charges due undu the Note.
<br /> �.1Nonthly Pqment of'TAx�a,Inaurana and Other Char�es.Bormwa stuU inclaile in each montld9l�Ymen6
<br /> Wge,tha with the principal and intaest es set forth in the Noto and any Iste ctiarges. a sum for(a)tuxes oncl special
<br /> assessments kvial or w be kvlod against the ProputY,(b)Izasehold payments or g�ound rerns on the Prnpaty,end(c)
<br /> pnmiume for iasurance re4uirod undu P�6�Ph 4. In any year in which thc Lender must pay a matgage insucanca
<br /> premivm to the Saxetsry of Housing end Urba�►Devebpm.ent ("Secretery").or in any yar in which such pranium
<br /> yvpu�li fiave ban requlrod if Lendu still h�W the Security Iastrwncnt,each monthiy paymau shall also inaludc eitMx:(i)
<br /> a sum fa the tnnual mortBaSe insurance premium w be paid by Lendef to the Secrwry.or(ii)a monthly cherge instead
<br /> � of�manBaRe insacanc�Pcemium if this Sacurity Insbrument is held by the Soc.raary,in a reasonabk amount to be
<br /> . det�minod by the Socretary. Bxcept for the monthly charge by the Secretary.thesc items are called"E�c�+ow Items"and
<br /> the sums paid W Lender are callod"Bscmw Funds.°
<br /> Lender may�et any time,colloct and hold amounu for Escrow Items in an eg�cgnte amount not co eacoai the
<br /> ma�cimnm amount that may be ro4uirod for Boiroatr's escrow account undar the Real Estate Setilemeat Procr.d�nes Act
<br /> � of 1974,12 U.S.C.Secdon 2601 er seq. and impk,�nrnting rcguladons,24 CFR Part 3500,ac thoy may be ama�ded ,
<br /> • fwm tim�ta wne("RESPA"),eacept that the cuRhion or�vs�xve permiued by RESPA for unanticipetcd disbursements
<br /> � oI disburs��ents before the Bcvrower's payments are available in�he account may not be based on su►wunu duo for the
<br /> martgago instuanca premium.
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