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201205725
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Last modified
9/10/2012 2:44:49 PM
Creation date
7/13/2012 10:26:44 AM
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DEEDS
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201205725
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, <br />�. <br />� C�RD�D �0�20572� <br />� <br />�� 120 � 3�'7 <br />performance of Borrower's covena.nts and agreements under this Security Inst�vment and the Note. For <br />this purpose, Borrower irrevocably grants and conveys to the Trustee, in lrust, with power of sale, the <br />following described property located in Hall County, Nebraska: See Attached legal. <br />Parcel ID Number: which has the address of 2516 <br />Cochin ST [Street], GRAND ISLAND [City], Nebraska 68801 [Zip Code] ("Property Address"); <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances and fixtures now or hereafter a part of the properiy. All replacements and add.itions shall <br />also be covered by tlus Securiiy Inshument. All of the foregoing is referred to in this Security Instntment <br />as the "Properly." <br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has <br />the right to grant and convey the Properiy and that the Property is unencumbered, except for encu.mbrances <br />of record. Borrower warrants and will defend generally the title to the Properiy against all claims and <br />demands, subject to any encumbrances of record. <br />THI5 SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />covenants with limited variafions by jurisdiction to constitute a uniform security instrument covering <br />real property. <br />Borrower and Lender covenant a.nd agree as follows: <br />UNIFORM COVENANTS. <br />1. Payment of Principal, Interest and Late Charges. Borrower shall pay when due the principal <br />of, and interest on, the debt evidenced by the Note a.nd late charges due under the Note. <br />2. Monthly Payment of Ta�ces, Insurance and Other Charges. Borrower shall include in each <br />monthly payment, together with the principal and interest as set forth in the Note and any late charges, <br />a sum for (a) taxes and special assessments levied or to be levied against the Properiy, (b) leasehold <br />payments or ground rents on the Property, and (c) premiums for insurance required under Paragraph 4. <br />In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing <br />and Urban Development ("Secretary"), or in any year in which such premium would have been required <br />if Lender still held the Security Insttument, each monthly payment shall also include either: (i) a sum <br />for the annual mortgage insurance premium to be paid by Lender to the Secretary, or (u) a monthly charge <br />instead of a mortgage insura.nce premium if this Security Instrument is held by the Secretary, in a <br />reasonable amount to be determined by the Secretary. Except for the monthly chaxge by the Secretary, <br />these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." <br />Lender may, at any time, collect and hold amounts for Escrow Items in a.n aggregate amount not to exceed <br />the maximum amount that may be required for Borrower's escrow account under the Real Estate Settlement <br />Procedures Act of 1974, 12 U.S.C. Section 2601 et seq. and implementing regulations, 24 CFR Part <br />3500, as they may be amended from time to time ("RESPA"}, except tha.t the cusluon or reserve permitted <br />by RESPA for unanticipated disbursements or disbursements before the Bonower's payments are available <br />in the account may not be based on amounts due for the mortgage insurance premium. <br />HcFC-oo�os <br />FHA Deed ot Truat-NE <br />VMP� <br />Wolters KluwerFinarxial Servicea <br />Revfsad 4/96 <br />�� o � � L_� ov�a <br />201205294.1.72336-J20120129Y ` .Nti� Pe z or �o <br />7 8' <br />
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