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<br /> of Borrowcr's covenants and egramcnts undcr this Security Instrumcnt end the Nota For this purpose, Borrowu :,r,,
<br /> �� irrcvocably grants and conveys to thc Trustae,in trust,with power of sale,the following describcd propercy locnted in ;=�
<br /> HAt,x, County,Ncbraska: _
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<br /> • THE NORTHERLY SIXTY-TWO AND TWO-TENTHS (62.2) FEET OF LOT FOUR (A) IN ' -
<br /> . SLOCK ONE ftUNDRED TWENTY-NINE (129) , IN UNION PACIFIC RAILWAY
<br /> ' COMPANY'S SBCOND ADDITION TO THE CITY QF aRAND I3LAND, HALL COUNTY, �- "-
<br /> NEBRASKA.
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<br /> - whiCh beS the eddICS3 of 721 N KIMBALL ST, C3RAND ISLAND [Street,City]. _
<br /> _�'�: . �. � Nebraslca 6aeo1 lzipcoael C'PropertyAddnss"): • :-
<br />_-s�,...::�,� 'POGETI�R WITH aU the improvements now or hereafter erocted on the property, and all ease�nents. �`
<br />=;;N,���,,; ' Appurtenancrs end Fucwres now or hueafter a part of the prope�ty.AU r�placements and addidons shall aLso be wvered �
<br />-�;�;,:,-:;�,�,.' by this Security Insuumei►�All of the foregoing is nferred to in ihis Sxurity Instrumentas the"Property:'
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<br />�?��r�T�; ,. BORROWER COVENANTS that Borrower is lawfully seiud of the estate hereby conveyed and has the dght to
<br /> _;��;�'s'�'�i., ' grant and convey the Property and that tbe Pcoperty u unencumbered, except for encurcimances oi ncorci.. Bvc�vwcr
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<br /> -_��;�,w. ' warrants and will defend generaUy the ade to the Pcoperty egainst all claims end demands, subjact to any encumbrences
<br /> F,�:��"'s�:,�1 of record
<br />—��""— THIS SfiCURITY INSTRUMfiNf wmbines uniform covenants for narional use and non-uniform covenants with
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<br /> -�..''.�' limited variations by judsdicdon w wnsdmte a uniform security instrument covering real property.
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<br /> �� Borrowar and LeMkr covenant and egree ag foAows:
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<br /> -�_�`..� UN�ORM COVENANI'S.
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<br /> ���� 1.Payment of Principal,Intereat and LAte C6arge.Borrower shall pay when due the piincipal of,and intuest
<br />��°��� on,the debt evidencod by the Note and late charges due under the Not�.
<br /> ------- 2.Mont6ly Pay�ent of Taxe�Insurnnce And Other Ch�rgd.Borrower shall include in ach monthly payment,
<br />:`''�'i°"g'a'g"' ' together with the principsl and lnterest a4 set forth in the Note and any late charges.a sum for(a) te�ces and special
<br />�"""�'°'�'—� a4se.csments kvied a w be kvied egainst the Proputy,(b)Ieasehold payments or ground rents on the I'roperty,and(c)
<br /> _E'��-� :' premiums for insurance requirod under pa�agraph 4. In any y�ar in which the Lendu must pay a mortgage insur�u�ce -
<br /> --� pranium to the Secreta�y of Housing and Urban Development("Saaretary"),or in any year in which such prunium
<br />;;;�`"'°� would have been roqui�ed if Lendu still held the Security Instrumei►t,each monthly payrt�nt shall tlso include either:(i)
<br />��=^-�-- a sum for the annual mortgage insurence pre,mIum to be paid by Lenda t,o the Secrelary,or(ii)a monthly cbarge insuad
<br />�T�YY�i� of a matgage insurance premium if this Security Instnunent is held by the Secretary,in a reasonable amount to be
<br /> �-�"' determined by the Socretary. fixcept for the monthly charge by the Secreta�y,these items are called"Escrow Items"and
<br />�.�.�-� the sums paid to Le,ndec are called"Escrow Funds." _
<br /> -"II"�-' Lender may,at any time,collect and hold amounts for Escrow Itert►s in an aggregate amount not to excoed the -
<br />_�_.�,�� maximum amount that may be rcquired for Borrowa's escrow eccount under the Real Estau Seukment Procaiures Act _�_.
<br /> --••=�v'r' of 1974. 12 U.S.C. Sxtion 2601 et seq. and implementing regulations, 24 CFR Part 3500, as ihey may be amended �-
<br /> -��':.}:5;�`.� fiom time to time("RESPA"),except that the cushiAn or reserve permival by RESPA for unanticipated disbursements [
<br /> �;�,-�i=�;";,' or disbarsements befoce the Borrower's payments are available in the account may not be based on amounts duc for the ��"_
<br />--_: moctgege insurance premi�am. "' -
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