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<br /> of Borrower's covenents und agreementa under this Secuctty Instrument and the 1Vot��or W�ow�po3e;�6rrower `
<br /> inevocably graats and conveya to the Truatee.ia vuet,witd power of sale,the gollowin�deacribed property locuted —
<br /> iu HALL County,Nebraske: �
<br /> PARCEL 1: L07 ONE (1), MARLO SUBDIVISION, IN THE CITY 0� GRANO ISLAND, HALL ��
<br /> COUNTY, NEBRASKA. PARCEL 2: THE NORTHERLY ONE HUNOREO SEVENTY FIyE ANO FOUR
<br /> TENTHS F�ET (175.4') OF �OT TWENTY FIUE �25) AND 7HE NORTHERLY ONE HUNDRED
<br /> SEVENTY FIYE AND FOUR T�N'tNS FEET (175.4 ) OF THE EASTERLY THREE FEET (3'j OF
<br /> LOT TWENTY SIX (24) IN GEER SUBOIVISION OF LOTS SIX (6), SEVEN (7) AND EIGHT -
<br /> �8 OF GARRETf'S SUBDIYISION OF PART OF THE EAST HALF (E 1/2) OF SECTION NINE -
<br /> 9;, TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9j WEST OF THE 6TH P.M., IN THE
<br /> CI7Y QF GRAND ISLAND, HAIL COUNTY, NEBRASKA. .
<br /> which has the address of 535 EAST CAPITAL AVENUE,GRAND ISLAND (stiea,cicyl,
<br /> Nebraska 66�01 tz�p c.«tel ("PmperiY Address"): .
<br /> TppgTHgit WITH all tho improvements aow or hen�fter ereczcd oa the property, aad all easements,
<br /> appurtena�ce,y and finiutrs now ur hereafter a paut of the property. All n,'Placemeats and addItions shall�iso be =
<br /> covered bY this Securtty Instmmrau.All of the faregoiag is refemed to in this Secutiry Insuvmant as the"Property."
<br /> $flRROWER COVENANTS Rhat�orcower�S lawfully seiz�d of the estate hereby conveyed aad has the rlght to
<br /> gctwt anr]coavey the Prnperty and that the Property is uaeacumberad.e�Pt for eacumbranaa oi reoord. Bort�wer
<br /> .. warrants and will defend generaUy the dtle to the Pmperty aga[nst ell claims and demands. subject w any
<br /> � • encuanbrances of mcard.
<br /> THIS SECURTPY INSfRUMENT combiaes unifartn covPnants for naHonal use and non-vniform covtnanta
<br /> . rr�lh l�r�t vartations by jurisdicdon to constitute a uniform serurlry insuument coveriag reat property. .
<br /> � Bomower aad Lender covenaat and agree as follows: �
<br /> �. , ' UNIFORM COVENANTS. .. �
<br /> � ��: �; R:I'i�3'm�t of Frincipal,Imteres� aad Late CLarge. Boirower shall pay ahen due the prEudpsi'1 of. amtl•� ,.
<br />_ • � {n�t un,the deht gvideaced by,the�Intc and iace cbargea d�sz nader the Nou.
<br /> '� � � 2. Monthly Y"sdy�ent of Taxea. I��,+•,r�r.�d ��r�hatgcs. Borrower ahall taclude in each monthty
<br /> ''.,';'�••,'`. � payt�ent.together tva2�thc priaciPal aad ino�c�s set fonh i�i'the Nou and 0ay late charges,a sum for(a)taxes and
<br /> • ' ., � apeclel assessments Ievial or w be levied agriinst the Propeny. (b) leaaeliold paymenta or gcound rarts on the
<br /> proP�rtY�and(c)Premfams for insurance required nnder parag�aph 4. In any yeat In v�hicd�the L�ender must pay a,:;.
<br /> mprtgage insurauoe premium to the Secretery of Honsing and U�aa Development('9ecsei�ty").or in aay Ycar In �
<br /> , whirh such premium would have been required if Leader stW ILeld the Secudty Insttuma�t,each monthlY P�
<br /> shaU aico include either: (i)a sum for the annu�t,mortgage insmaace premium to be paid bY unda ta�the�rde�►•
<br /> ar(ii)a monthiy cbarge instead of a mortgage inst�rance premium if this Sxurity Insuumeat Is beld lfy.4�te�S�ry.
<br /> in a reasonable amount to be determiaed by th�.�ecretary. Bxcept for tha monflily cb�ge by the S�as}r. thcse
<br /> ;um,qAre caUed'Escruw Itcros"aud the sums paid to Txnder�re called"Escrow Fuada.' -�� '
<br /> Y,ender may,at any time, wllect end hold amounts for Esctow Ctems in an aggtegat�amoum aot W exaetd the �'
<br /> _� maximum amount�that maY be raluind for Boi'e+a�nrer's escrow aa;ount uuder the Real Bstate Seulemant Pcoadures
<br /> Act of 1974. 12 U.S.C. Section 2601 et seq. �d implemeadng ngutadons. 24 CFR Patt 3500. as they may be
<br /> amended trom tlme to time("RESPA"). except•that the cushion or t�eserve pernttual by RBSPA for uaandc�pated
<br /> djsbucsements or disbursements befpre the Borrower's payments are available in the aocount may not be bascd on
<br /> amouWs due for the mortgage insusa�ice prenaium.
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