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<br /> � of 9orrower's covenants and sgroements undcr this Securiry Inatcument and thc Note.For this purpose. Bonowu ( �
<br /> ,,;,..,.+�+�+' located in .-
<br /> �,...-.�� Irrevocably grants and conveys to the Trustee,in trust,with PoWer of sale,the foAowing described County,Nebraska:
<br /> HAt�L
<br /> � THE SOUTH FIF�'Y FB�T EIOHT INCHES l50'B") OF THE NORTH ONE HUNDRBD � °
<br /> � � PLEAS$pNTB OMB9LTSDIVISION3IN11THEFCIT1f OFS�RANDFISLAND.CHALL CO9UNTYIN
<br /> , NBHRAS:fA.
<br /> ` '' which ha9 the address of 1207 SOUTH LINCOLN, CiRAND ISLAND (Sueec,cityl, �,-
<br /> ' Tj���g 68801 lZip Codel (���P�Y AddtCS9"): E.
<br /> :__
<br /> � 'I�Gg'�R WITH all the improvemenu now or hereafter erected on the property, and aU easements, �
<br /> ` � appurt�ea�ances and fixtures now or heieaiter a gact of the property.All replacements and addipons shaU also be covered -.
<br /> ` by this Security Instrume,�►�All of We fongoing is nferred to in ihis Security Insuument as the"PropertY:' �._
<br /> � BORROWSR COV6NANT5 that 6orrower is lawfully seized of d�e estate hereby conveyed aad has the right to = -
<br /> ---_-- �r a�t �.�nvey the P,roperty and that the Property is�nencumbered,exceP�for ericumbrances of record Borrower ---
<br /> , . waRants and will defend generally ihe tit�e tn the Propeny aBait►st all claims and aemands�subjoct tv a��y eacumhr�usc� _
<br />_. ���s af record.
<br /> .. TEIIS SfiCURITY INSTRUNIEN'i'combines unifarm covenants for nadonal ose and non-uniform covenants with
<br /> - limited variauons by jurisdictlon w wnsdtute a uaiform securlty instnmsent covering real p�operty.
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<br />" ' Barowu and Lender covenant and agra as follows:
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<br />%' �> y UNIFORM COVENANTS.
<br /> f:,�. t��.
<br />�;;s; • 1.1'ay�eat of Principal,Interest and Late C6arga Socrowu shall pay when due the principal of.aad interest
<br />''•'' -- on.the debt evidenced by the Note and late charges due under t1�c Note.
<br /> '3d`'itl,•�"�� . 2.Monthl Pa eat ot T�xes,Inwrance and Ot6er Ciurges.Borrower shall include in each monthlY paYment,
<br />�-•s:._�.'�t: i 7 Ym
<br /> ����� wg e t h u with the p r i nci p a i end inun.st�s sec fonh in the Note and any late charges,a sum for(a) ta�ces and spe�cial
<br />�i;�`�"°''"z' assessmenu kvied or w be kvkd against the Property,(b)leasehold payments or ground rents on the Pc�paiy,and(c)
<br /> - ���R�� . 4. In anY Year in which tbe L.ender must pay a moctgage ins�aacice
<br />-,•���`�,. �, ptemiums fa iasurance requind undei paragraph
<br />��? �. ..," piein{um tn the Secretaty of HousLtg and Urban Dcvelopment(••Secretary,°)�or in s�ny year in which such prcmium
<br />=- • would have boen requirod if Lender sti116e1d the Seciuity Instrumeat,each monthlY 1�Yment shail also include eithv:(i)
<br />- -- a sum fa the annual mostgaige insaeance premium to be paid bY L,encler to t1u Secreu�ry,or(u)a monthly charge instead
<br />-;�:_�;:��-r`'. of a mongage insurance premium if this Security Insaument is held by the Secretary�in a reaconable amount w be —
<br />�::•:h,�_ determincd by the Secretary. Excepc for the monthly charge by the Secretary,these items are callod"Bscrow Items"and
<br />,.,;�..� .. the sums paid to l.endu are called"Escrow Funds."
<br />=- `� Lenda may.at any timme,collect and hold amounts for Escrow Items in an ag�egate amount not to excced thc _
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<br />.- • �����Q�nt that may be required tor Barower's escrow aocount under the Real Esmte Settlement Pmced�ues Act �._
<br /> - of 1974. 12 U.S.C.Section 2G01 �t seq,and implementin8 regulations,24 CFR Part 3500,as they may be amendod �_
<br /> from tune w dmc("RESPA").ea�cept that the cushion or reserve pemiittcd by RESPA for unanticipated disbursements =-
<br /> or disbursements before the Boerower's payments are ava9lable in the account may not be based on amounts due for the
<br /> . mortgage insurance premium•
<br /> a�p.s o�e i��nais: -��-:i-�-.
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