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<br /> ;';�� 1' of Barrowcr's covcnanis and agrcements undcr this Sccuriry Instrument and the Note. For this pucpose. Borrower =-
<br /> „�.�' irrevocnbly gmnts and convcys to the Trustce,in trust,with power of sale. thc foUowing descrlberl property located in
<br /> HAI.L County,Nebraska:
<br />___:`�r� �
<br /> ' LOT SIX (6) ]�1ND THE WESTERLY SE�)EN (7) FEET OF IAT FIVE (5) , ALT, IN
<br /> :.��•_ BLOCK SEVEN (7) , MORRIB FIFTH ADDITION TO THE CITY OF ORANA ISLAND,
<br /> -- HALL COUNTY. NEBRASKA
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<br /> � whkh haa ihc address of 403 EA3T 18TH STREET, dRAND ISLAND �Street,City],
<br /> -- Ncbraska s seo i [7.ip CodoJ ("Prapcny Address");
<br /> � TOOETH&R WITH all iho improvcmcnt� now on c�rcaftcr crcct�xl on thc propaty, and all cascmcnts, �
<br /> appurtcnancc.g and fixturca naw on c�r�:aftcr a pazt of�hc propccty.All rcplaccmcnis and uddidons shaU also bc covaed
<br /> --- by this Sxudty Instrumcnt.All of tho farcgaing iA rafcrtcd w in U�is Sccurlty Insuument as iha°Property."
<br /> BORROWBR COVENANTS that Borrowcr is Iswfully iaai�.cd of tha csratc hcrcby convcyod and hag Iha right to
<br /> � grant and convcy thc Property and that thc Property is uncncumbcrcd,cxccpt for encumbronccs of rocord. Borrowcr
<br /> werrents and wfll dcfend gcncrally 1ha dtic to Ihc Property ageinst all claims and dcmands.subjcct to any cncumbranccs
<br /> of rccord.
<br /> THIS SECURITY INSTRUMSNT combincs uniform covcnants for nadonal usc and non•uniform covcnants with
<br /> limtted variadons by Jurlsdicdon to consdwte a uniform sc:curlty instrument coverfng real properiy.
<br /> Homowu and Lc,�du iwvc��wit s�id ega�ts as f�ltau�:
<br /> UNIFORM COVENANTS.
<br /> — i.PAyment ot Prtncip�tl�Interest And LAte Ch�rge.Borrower shall pay when duc the principal of,and interest
<br /> on,thc debt nvidenced by the Note and late cherges due under the Note.
<br /> 2.Monthly PAyment ot TAaces�Insurance and Other Chstrqes.Borrower shall inclade jn esch manthly payment,
<br /> together with the princtpal and interest as set forth in ihe Nou and any late charges,a sum foc(a)taxes and special
<br /> asscssments levkd or to 6e lcvied against the Propercy,(b)lcasehold paymenis or ground rents on the Property.and(c)
<br /> premiums for insurance required under paragraph 4. In any year{n which the Lcr►der must pay a mortgage insurance
<br /> pmanium w the Secreiary of Honsing and Urban Development("Secretary"),or in any year in which such premium
<br /> would have been required if Lendcr stW held the Sesurity Instrument,each monthly paymcnt shall also include either:(i)
<br /> a sum for tha annual mortgage insurence premium w be paid by I.ender to tho Secrctary,or(u)a monihly charge instead
<br /> of a mortgage insurance premium if this Securlry Instrument is held by thc Secretary. in a reasonable amount to txs
<br /> determined by the Secrctary. Except for thc monthly charge by the Secretary,these items are called"Bscrow Items"and
<br /> the sums paid to I.ender Are called"Escrow Funds."
<br /> Lender may,at any dme,colloct and hold amounts for Escrow Items in an aggregate amount not to exceed the
<br /> maxlmum amount that may be rcquired for Borrower's c�crow account under thc Real Es�te Seulement 1'rocedures Act
<br /> af 1974� 12 U.S.C. Section 2601 et seq.and implemcnting rcguladons,24 CFR Part 3500. as they may be amended
<br /> from time W tIme("RESPA"),cxcept that the cushion or reservc perm�tted by RESPA for unanHcipated disbursements
<br /> or disburscments before the Borrower's payments are available in the account may not be based on amounts due for the
<br /> ---�- mortgage insurance premlum.
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