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<br /> .'.j. : . �d conveys to T�ue.ia uust.witb power of�eale.the follawing descn'bed prapeny Iocated in .. .
<br /> .. . . . �11 'Oountyr.State oY Nebraska: 'r�.:
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<br /> • �'�' -? t��e s���r�omm�nty�nawn as: i420 Coventry P1 ace. Grand isl and. NE 68801•OOOQ � � � _-�
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<br /> s • • ' ��RagertY AddTess�)• •
<br /> `-�' •���. - ' TaCE�'$ER with all the.tmp:ovemeats now ar hecea8er erected oi►ths pmperty.aad a31 essements.rlghte..� �.
<br /> �'�:'�:::-�`�` aad�ats.a11 of whird�sl�aD be deemed to be ar.��a part ofthe propesty cavered Dy�Ls Seca�ity Iasnr�nt. All uf the
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<br /> - fo�c�ng, wget�r with sarh P�P�Y Eor tbe ieasehold estat�if this Secudty Iastmmeut is on a Ieascd�otd)are calted the,
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<br /> � �'`�:"�.-�.. Bortower cuve�uts that Bott�v�er is tawfully seised of the estaae II�reDy couveyed and�has the right w mnstgage,
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<br />:-..�;.,:�:_.�,, .:�:�; � gr�c and c�avey tbe Prap�ty. and that the Propeny is �m,�a�nbered. exoePt for encumbranoes of recard. Bo:mwer .
<br /> -• �' waisants aad covenants tLat Bflrrawer wID defend g;e�eraUY the tit2e to the Pcapest�t against ali ctaims and demands.aubjetx ta
<br />- `�. �: � ''� encumb�of�ecoid.Et�mnwcc futtbes warrams.ieP�eseais and coveoants as follows: � --
<br /> '.: �: � :�• .,� � . wh�dne the tIucipal and intezest iadebtedaes4
<br /> ti�;�;: ..,.,..� ' =_ i. P9�yment oY Yeiarlpat ant}�Iadc�t.Eoaawer shaU pmmpttg Pa3► P '
<br />=�r;,,�y� ,:�r ;,..: rz am�ali otl�cl�rges evtdenced 1sy the I+tote.
<br />� r .r 2. . �nds!or T�and�sace.If nqu�red by L�nder.aad snbjert to applicaD7�law,Botmwer shall pay t0 I�nder -
<br /> - � on the day mo�hlY Paymeats ace due�mder tE�e Note,untit the Note is paid in�n1I.a s�m(°Fonds°j for.fa3 Y�Y�� ._
<br /> ;�,.�r�. • asse��*,:a w b i c�may a�ain priority over 0is 8e�a�rity I a s a u m e n t as a t�:a an t h e P i o p e a y:N)Y e a r l y l e a s�h o l d p a y m e n t a o r
<br /> � ,,`,t'Y, graamd r�on the Pmgerry.if anY:(�)Y�Y ha7at+d at propertY�s�ce p�a�ms:(�Yea�y Sood insura�oe piemiam8 • �"'
<br /> . .,� ':" if 7�ese iums are called °�ccow Items.'�l�eader�ay, ai aay �-�
<br /> ' �� i�aay:amd(e)Y�dY most�age insarance p�. an3►• . _..
<br /> : ,��'�,`�..� '�� �'�� ti�;aa1I�t and hold Fuads in aa.mmount aot to e�e4�e maximum�a leader far a�feGe�y�lased ma�s8�ge toaa E
<br /> � : s;td� may aeqnina for Bon�wer's�cmac accaunt under the federal Real Fstate Setttement Prooeducea Act of 1974,as amended from t ,`
<br /> '.:��,�,''"''��, time to time.l2 U.S.C.S�ccion Z601 d seq.('RESPAq.un2ess aaatber law tbat appltes to the Funds sc,ta a Iesser am+n�mt. If F�',
<br /> : . � -,:y�':.. sa,Leander may.ffi aaY time.collea and ho2d�uads in an amount not to exceed the lesser amonnt. I.ender may estimate the �_ , _
<br /> '' ,.',:� atnount of Funds dne on the hasa�of auc�nt data aad reasonable astimaus oY expend�tuures of�ature Pscmw Items or�etwise �.�_
<br /> �_ �;;f i�arpsd�ca with agy'►2ica6Ie;a�r. . �° _�..:
<br /> � �, The Faads sha11 be 1}e1Q in an institut�an whose deposits are insnred by a fec2�f ageacy.iasaameatalit3►,�endty � -.
<br /> �� "';' mcludfug Y�endear,if Lender is sach�aa�on)or ia may Federal Rarae�oan B�k. L�eRder shaU agply ihe Ftmds to P�Y
<br /> � . ` r�� � C eRder . �"�--
<br /> ' ' �'�, t�e�row It�.'t x u d e s may+aa t�a t g e�r mwer f o r h o 3 d i n a a d t h e F u n d a. a n n u a l I y a n a t y�a g t h e e s c r o w . �--_
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<br /> �.,. .. ac�a„t,a:verDfyiag ths Bscmw Items.aNess Lender paqs Borrower laterest an the Fucdu mid app}icabbe law pes�ts Lender � �"':�:;
<br /> F..�.�� : � �.:� .ta m�ee such a cbarge. Howeve�I.ender maY re�Nina Boirawer to pay a one-ti�ae�g�for an independent real estats cax �'=`-
<br />'�� � • ,:;.� s�pordag seivIae ased isy L�eudEr in conriecdan cvith tbis laa�aa2ess applit�bte Iaw prav43es athetwIse. Uni�ss aa agnement `=::
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<br /> �.''� : '�:s:� is made or applicab2e law ieqaines�iaterest tv�e pald.LRnder shall not be reqa�rod w�ay Botmwer suy Inteaest or e a t W n i g s cn �::._'_
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<br /> E ����, , tite Funds. Borrower anA txnder may agree in writing.however.that�st shall be paid on the Ftimds. Lender shall give
<br /> t � c��ower,wirhout charge.��aaaaal anoonutta8 of tha Funds.sbov��redits aad�its to�e F�mds aad the pmpose for ��' _
<br /> � • . ., �� � e�t eac�debit to the Faads�made. The Funds ere pledgod as ad�onal securi3y,for a11 sums seaued by tPr�Seautty �.:^:::.
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<br /> ` �f the F�mes he18 by Lender exceed the amounts permttted w Ea�held by applicable law.3�ender sHall�sa�unt to �
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<br /> �'� Bamower for the excess FaBds tn acoorQance with the requiremtpts of a;�Ql�cable law. If*he am�of the Funds held by E:.�:�:`
<br /> : �at any time is not suS'utent to pay the Bscs�w Items wh�dae..Lender maY so noitt�r Bora��er!n writing,aad.la. � �}�
<br /> � . ...' su^�§.e�$ Bomawer s�ll Pay to l.�ader the amount necessac�► to make up the defr�Y. Bomower sball� qp the �-_
<br />��`'.-;__..:_;�.. ,` ;�,r deficleacy in uv m�re than taelve moatLlY Paymeats.at Le�dter's sole discret�on. � � � �"�
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