201207362 - Laserfiche WebLink

Browse

20�2073Gti is evidenced by Bonower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on 0 c t o b e r 1. 2 0 42 . This S�urity Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modificaiions of the Note; (b) the payment of all other sums, with interest, advanced under paragraph '� to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agr�ments under this Security Instrument and the Note. For tlus purpose, Borrower irrevocably grants and conveys to the Tru�stee, in mist, with power of sale, the following described property located in H d 11 County, Nebraska: Lot Forty (40). Buenavista Subdivision, an Addition to the City of Grand Island. Hall County, Nebraska. Parcel iD Nuenber:4000271QU wflich, has the ad� of 4I9 Qodge St [StreetJ Grand I s� ana [City], Nebraska 68801 [Zip CodeJ ("Property Addre�.s"�; 'I'E�'sETHER WI'Fi� ail the it�provea�ents now or hereafter erected on the property, and aIl easements, appurtenances and fixtures new or heaeafter a part of the property. All replacements and ad�itions shall also be covered by this Security Instrument. AII of the foregoing is referreci to in this Security Instrument as the »� � BORROWER COVENANTS that Borrower is lawfally seized of the estate hereby conveyed and has the right to grant and convey the Property asd that the Froperty is uneucumbered, except for encumbrances of record. Borrower wa�rrannts an� �+iil defend gener�ttly the title to the Property against all claims and demands, subject to any encumbrances of record. T�TIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variarions by aurisdiction to consritute a uniform security insmiment covering real property. Uniform Covenants. Bonower and Lender covenant and agree as follows: 1. Payment of Principal, Interest and Late Charge. Bonower shall pay when due the principal of, and inteFest on, the debt evidenced by the Note and late chazges due under the Note. 2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) tases and special assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretazy of Housing and Urban Deve�opment ("Secretary"), or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual FHA Deed of Trust-NE 4/96 VMP � VMP4RINE) (1109) Wolters Kluwer Financial Services Page 2 of 10