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<br /> of Homowtr's covenants and egrecmcnis under this Sacuriry Inshnimu►t end thc Note. Nor thi� pu�pose.Borrowcr `
<br /> Imavacably grants end conveys to tho Trustoe,in trust,with powa of sale,ihe foDowing describ�d propaty bcated in
<br /> �tA�,L Counry.Ncbreska:
<br /> LOT TEN (10) AND THE SOU'i'HERLY TWO (2) FEET OF LAT IQINE (9) , =N SLOCR
<br /> TIiIRTSEN (13), IN 47�ST PARK ADDITION TO THE CITY OF CiRAND I6LAND,
<br /> HALL COUNTY, NEBRASKA
<br /> whichhastheoddressof 1003 N HANCOCK, GRAND ISLANIJ [Sueet,CityJ.
<br /> Nebms�a 68803 [?.tpcoael ("P[�q�ertyAddtess");
<br /> '�OGETI�R WITH all the Lnprovements naw a hereafter erocta! on the propetty, and all eascu�ents,
<br /> aFy,�and fixnucs aow oc hae�after a part of the propezty.All nplecements aad addidoro sl�ll al�o be�ovesed
<br /> by this Securiry Instrumea�AU of the foregoing is referred w in this Securlcy Insttumei►t as thc "Property..
<br /> HORROWER COVENANPS that Bomowu is lawfully scized of the estata hereby convcyed and has ihe right to
<br /> grant and convey�hc Propaty and that the Property is wia►cumbaed.except for encumb�anca of rocord Bcxrowu
<br /> warrants and will defend guMratly the Htle to d�e Propaty e8ainst ell claims end demands.subjat ta any encumbrences
<br /> of raord
<br /> TFIIS SECURITY INSTRUMENT combines uniform covenants for naHonal use and�wn-uaifrxm wvenants with
<br /> IitnIted vuiatbns by jorisdicdon w consdptoe a u�form socurlty insnument coverltt8�F�rtY•
<br /> Bqrower and Lender cove�ant and egrree as follows:
<br /> LINIFORM COVFNANTS.
<br /> i.Paneat of Ptiacip�l,Interest aod Late C6arge.Bomnwa shall pay when due the princIpel of. and intaest
<br /> oa,tbe debt evidenced by the Note end late charges dua under the Note.
<br /> Z.Moathb PaTment o�Taxes�Inaurance and Ot6er C6ar�a.Borrowe.�shat�inclnde in acl�monthlY paymeat,
<br /> LngW�er with the principal and inoerest a�set fath in the Nau;and any late ct�arges�a sum fa(s)taxes �nd spxi�l
<br /> �semaus levied a to be leviod eg�nst the Pro�xsty,(1�)ka.sehold payma�ts or groucid rents on tbe Pra�erty� suid(c)
<br /> pcomiums fa inwrance roquired unda paragraph 4. �any year in which the I.ender must pay a mortg�ge insurmce
<br /> • premium to the Saxetary of HousLig and Uzban Devetopment("Socretery").a in eny year in which auch premiiun
<br /> would t�ve t►oa►roquiced if Lenda still hek!tt�e Security Instrumen�each monthlY P�Y�nt shaU aIso i�lude eitba:(i)
<br /> ' a sum fa the annwl moctgage insarance pmmium to be paid by Lenda to the Socretary,or(ii)a momhly chs�ge inst�ead
<br /> of a mortgagt utau�at�ce pro.miwn i.°this�ecurity Instrument is held by thc Sc�c:iacy.In a r��at3ic afnour:t to bc -
<br /> � de4�mined by tLe Seccetary. Except for the monthly charge by the Secr�etaxy,these itea�s are call� "Escmw]tema"and
<br /> the sums paid to Lender are called"Escrow Ft�nds.��
<br /> L.aider may.at any dme.colkct end hold amounts for Escrow Items in an aggcegate�nt aot ta excead tho
<br /> mvcimum amount that may be required for Barowu's escrow account under tho Rexl Estata Seulernent ProceCures Act
<br /> _ of 1974,12 U.S.G Sxtion 2601 et seq.and implementing reguladons,24 CFR Part 3500, as�hey may be aznaidod
<br /> ; from time to dme("RESPA").except that the cushion or reserve permi�oed by RESPA for w�anucipaoed disbiusements
<br /> a disbursements befae the Barower's payments ace available in the account may noc be basecl on amounts due fa the
<br /> eooctgage insurance pnmium.
<br /> _ �IR(N�lY{041.ot P.ptz ot� muNU:
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