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<br /> . ��+r of Borrower'�covenants and ogreemen�s under �hls Security Instnimrnt and tho Note. For chis purpose, Bc�rrawer �,�. ��_.
<br /> ' irrevocably grants and conveys to the 7'rustee, in tnut, wich power af aale,the following described property Iceated ���.,t s:;_.�':�:_W`
<br /> County,NebraskA: ;����� —
<br /> �� i� Hall =�,:��-�:,�•-� - -
<br /> ' � Lot One Hundred Thirty-three (133) in West Lawn, an Addition ^-=-_"�_- - --
<br /> , to the City of Grand Island, Hal l County, Nebraska . �'�_�
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<br /> which has che address of 1608 Grand I sl and Avenue,Grand I s l and u .�
<br /> Nebraska 58803 �Zip Code) ('Propesry Address'); __
<br /> � TOGETHER WITH all thc improvea�ems now or hereaftcr ecected on We property. and all easements, --- _-
<br /> '�� appurteaanas and fixtures aow or herea8er a part of the property A11 replacemeats and addidons shall also be
<br /> � covered by this Security Instnunep�• All of the forcgoing is nfernd tola this Security inscruznent as the"Property."
<br /> _--...__,_ BORROWER COVENANTS that Borrower is iawfuliy seiud oit�e ptai�h�rt�.:,.avs�ed sstd tsas ih�right ro F,�.;._
<br />- grutt and coavey the Propeny and that the Property is uaencumbered�eaaPt for encumbrances of record. Borrower =-
<br /> wurants and will defead generally the ude to the Property agafnst all claim� and demands, subject to aqy v
<br /> .� encumbrances of rocord.
<br /> � THIS SECURITY INSTRUM�NT combines uniform covenants for national use and non-uniform sroveaants
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<br />��; ;. with limitod variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />=� • , . gorrower and L.ender covenaat and agrx ac follows: :�-•
<br />- , � UNIFORM COVENANTS.
<br />'•�.` ��. • •� 1, payment of Princip�l. Iatenst and Late Charge. Borrower sh�ll pay when due the principal of, aad
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<br />- n. ;.. interest on,ihe debt eviden�ced by che Note and late charges due an er e ote.
<br /> j:�-r:R:�� 2. Monthly 1"a3�me� ot Ta.rPS+ Insura°�e and Other C6uges. F3orrower shall include in epch montWy -
<br /> ;r=sa;�;;.ti pay��,together with We principal aud interest as set forth ia the Note and any late charges,a sum for(a)texes and ..
<br /> �'.i -;'• ��"' Special asseumeata levied or to be levied agunst the Ptoperty. @) lasehold payments or ground rents on the
<br /> -', ' - property, and(c)premiums for insucance raiufred under paragraph 4. la any year in which the Lender must pay a _
<br />=-` �• mortgage insurance pnmium to the Secntary of Housing and Urbm Development("Secntuy"). or in aay year in _
<br />_.,s,H;,��c,:. Wh;��ucb premium would have been requind if Lender stil�6eld�he Sxuriry Inst:vment,each montWy payment _-_
<br />— .:._a.';,...' shall also incluQ�eiffier: (i)a sum fnr the annual morcgage insurance premium to be paid by Lender to the Secrecary. �"
<br />;,;,:��"`'` or(ii)a monthly charge instead of a mortgage insureace pnmium ift6is Sxuriry Instrument is held by We Secretary. _
<br />�`�,�,,._.,, :. in a reasonsble amauut to be deteruilned by t�e Sxntary. Except for tha monthty chazge by the Secntary. these `
<br />" "'"�`d� '�° items are called'Escrow Itemg"aad the swns paid to Lender are callcd "fiscrow Fuads.' �_
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<br /> `°" '' I,eader may,at any time. collect and hold aawuncs for Fscrcaw[tems in an aggnga[e amount not to exceed the .r _ _
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<br /> maximum amount that may be required for sorrower's escrow account under the Real Estate Settlement Procedures _ ,;,
<br /> Act of 1974, IZ U.S.C. Section 2601 et seq.amid implementIng ttguletions, 24 CFR Part 3500. as they maY be —'-7_4��u-�.
<br />� amended from time to time ("RESPA"). except that thc cushioa orreserve permitted by RESPA for unaaticipatod ��_;:
<br />� dlsbursements or disbursements before the Bottmwer's paymenu ace available in the account may not be based on '.,.:������;
<br /> ' amounts due for the mortgage insurance pre�nium. '������"`•�,::::
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