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<br /> ,�{ oY Bormwer's covenanta and agreementa uader thia Suuriry Iasstumeat end tho Note. For this purpose. Bomower -
<br /> '� irrevacably grants aad conveys to tho Tc�atee,ip trust. whh power of sale.the following descdbed pmperty located L
<br />;_-�_-�:�µ ln HALL Couuty.IVebraske:
<br /> � THE NORTHERLY SEVENTY THREE (73) FEET OF LOT ONE (1), IN BLOCK FIVE (5),
<br /> .� ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br />=n;=•=� which has the address of 622 NORTH KIMBALL STREET,GRAND ISLAM1SD Is�+.cuy�,
<br /> �c Nebraska 6$801 lZ�p coael ('�P�rtY Addnss")t
<br /> .'-w�a� TOG�THBR WITH a11 the improvements novs+ or hereafter erected on the property. and sU easements,
<br /> - appurtenances and fi�ttt�res now or hereafter a part of the pmperty.All replacements and additiona shaU also be
<br />��'�-� covered by this Security instrument.All of the fo:+egoing is referred to in Wis Securlty Instrument aa the"Property.'
<br />--�`=s� BORROWER COVBNANTS that Borcower is lawfuUy seiaed of the eatate hereby coaveyed and hos We right to
<br /> v„��� grant and convey the Property and that the Proparty�s uaencumber�ed,excepi for encumbrancas of reeard.Bosrawer
<br /> - warrants end wlll defend geneialiy the title ta the Pmperty agalnst a11 claims aad demru�ds. subject to any
<br /> -= - enrumbrauas of reoord.
<br /> '" - THI3 SErURITY IIdS'!'RII�_EAT�'!'�mbla!�►�miform oovenanta for natioual use and aon-w►iforia covenanta ,
<br />--_- wlth limited varlations by jurlsdialon to consfltute a untform sxurIty Ias4cument covering reat prol�rtY• �
<br /> �-- Bottower aad Lender covenant and agree as foUowa: �
<br /> .. UMFORM COVBNANTS. �
<br /> -��_ l:Paquteut of Pirindpo�l� Im4ercgt ond I.ate CLarga Bomower ahali pay ahen due the prinaipai oP. and
<br /> = interest op��the de6t avidenocd by the Nou aad lata cLarges duo under the Note. � - .
<br /> 2. MontWy Pnymmt of Teses. Ia�urancx amd Olh� Charges. Bornower ahall iaclude in each mont4ly .
<br /> — pay�ment,together with We prIncipal and iatereat as set forth ia the Note aad auy►lau churges.�s sum for(a).tai�es ond'� .
<br /> — _ speclal assessments levted or W be levied agaiast the Property. N) leasehold payabeats or ground=�nts na�the
<br /> ProPertY.aad<c)Pnmiums for insurance roquired under paragrap�4. In anpr year In which the Lender�mu�t pa,Y a
<br /> - mortgage insurancs premium to the$pcc+etnry of Housing and Uiban Developmeas('Sxreuuy").or in mly year ia '
<br /> which such premium would havc:beci►re4uired if Leader stW held the SxurIry Insuutt�ent�each monthly Payment ' .
<br /> shall also iacl�de eirher:ti)a sum fo�r{he azwual naortgage iasurucce premium w be paid by Lender to tho�5xretary,
<br /> or(ii)a monthly charge instead of a mortge�e iusucuaoe premium If this Seautty Insavm�nt is held by the Secretary,
<br /> ia a reasonable amousit.w be detcrmicsd by the.Seatetaty. Bxcept for the mottthly cbarge by the Secretary. thae -
<br /> -�— Iums are cailed'Bscrow items"and the sums paid to L,atd�r are called"Escrow Fuads."
<br /> -T-`- - i,ender may�at eny dme,collect and hold a�nouuta for Esc3row Items ia an aggeegau amount aot co exceed the ,
<br /> � noaximum amonnt Ehat may be requtc�d for Bomawet's escmw acoount undor the Real Pstate Settlemeut.#�racedums .. .
<br /> Act of 1974, 12 U.S.C. Sxtion 2601 a seq. and implemendng :egulationa. Z4 CFR Pert 3500. ag tT�ey"�may be
<br /> amendtd fmm dma to time("RESPA'),eauxpt that the cushion or resecv�:p�ttmittal by RBSPA for uu�aatdpaud
<br /> -:_-_�;� disbursements or disbursements before the Borroaer's paymeats a�e availabte in the a000unt may aot�bie:.fiased on ' , .
<br /> = amounta due for the mortgage insuraace premtnm. . '
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