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<br /> �' �`� of BomawdA covenants and agreemeats under tLis SeGUiry Iast�nent and the Note. For this pnipose.B�rmg►et f
<br /> ,,� irrevocabty gtants ancl oonveys to the'�'tastee.in ttust,with pawer of sale.the follaa+tag dest�sed prapert3r 1� � -�- -:'..
<br /> ` :I in Hall Countl+ Neb:aska: �
<br /> , �.: �� , �:.
<br /> . `,, ,.�.'� Lots Nine (9) and 'fen (10), excepting the trtester'iy One Hundred Seventy . Six _-
<br /> ; ..s,.�- .� feet (176') in Blo�tc One (i), ECsehler Place, an Additian to the City of &rand _ _.� _
<br /> , � � Island, Nall County, Nebraska. • � _- ___
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<br /> � - - wuicb�aas t�e adet�ss of 620 E. Groff,Grand Isi and .. . . tsaea.��c�r1, . �. .�
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<br /> �.� � NCu�.�aa �8DV1 [�COdC� i °"�Y�•7�TPSS��+ . -�tr��i
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<br /> -_.,��' TOfiETE�R WYPH a1! the impmvements now or �er+�.�r erected on the pmPeny►, auA all easements. .,�;�e�'f� �9�:_
<br /> �� � �ppurtenances aad fjunres now ar he�eafier a part of the pra�°. All rept�^�,•a and additians�ahall also 6e , - -
<br /> ' � : '° ' covered'by this Se�uiiry Iast�tem.A11 of the foregoing is referred to sn tHis SecurIty Ins�t aa the"PraP�Y•� :- ��3---
<br /> � �F; .1:��-i��..
<br /> ' � �ORROWER COVENANTS that Boaower is lawfully seized of the e.atate hereby conveyed and has t&e rl8tit W . ;•y��;;,._
<br /> ?,,. � .', graut and eoavery the pmpeny arcd that the PmpertY is nneneumbeced.excePt for ettcumbranees of c�ord.l6eaoiver �;_�`,
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<br /> - .. . v�arraats �3 .will defend g�erally the titie w We Prapeny aaainst al� claims and demands, subjec¢ ¢o•anyr :..�,-
<br /> ' encumbr�o�s of cecord. - • . _ �.
<br /> � <' ' THIS SF.eURiTY�1STRUMENT combines uniform cavea�s for ffitionat use and nog-uaifoua covepants ��.-�t' ::'� .__
<br /> ;;:1; � • �ith limited variatians by�n�psdictian w wnstitute a imiform sec.tuiry msmime�z caverjmg real P�P�Y• .':;,: ��,,:^ --
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<br /> • � Bormwer m�d E.end�cavenant and agree as follaws:, �� _
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<br /> �• �� LTNIFORM COVENANfS. � .,.��•�:r`i= '_--
<br /> . '�_
<br /> , .. . ' i. Phyment of Ptindpal. Interest aad I�te Clsarge. Bonower sball pay when dae the prindpal of, and ,.: r� �. --
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<br /> . ; interest on,thc debt evidenced iry the Note antl iate charges due nnder the Note. .�`;,,:.;:. �: -
<br /> .;.,,, „ .: 2. Moathty �aymemt oY Taaes. Tu.�uaace aad Other �batges. Borra�r sball include in eacd� montiily ��� ,
<br /> � �. . Payu�nt.wgether with the principal a n d i n t e r e s t as set fo n L i a t he No t e m d e n y l a t e c h a r g e s,a s a m f o r(a)t a x e s a a d _ 1 r ' -
<br /> . speclal asse.asments levied or to be levied agaiast the Property. (b) leasehold paymeats or graund rents oa the �i , �:,.
<br /> ' � Ptopeny,and(c)premiums for insur�ce required under paragrapb 4. fn�y year ia wh�ch ihe Lend�must pay a .
<br /> _ ' .. , '' ' ,_ �ortgage insurance pmsc*:r.im to the Sesretary►of Hn�.sing aad Urban Deve2opment("Seccetary").or in any year in - J
<br /> � . . , � which sucL premiwn would have been required if i�ader still fleld the Securiry Lnsuument,e�ach montht3►payment ' _""
<br /> ,�;;3 �' —
<br />- � � � , ' ahall also inclade either: (i)a sum for the annual mortgage iasurance premium to be paid by l.ender to the Secretary, ��,;,:�...._��.:_,
<br /> '. . � or(ii)a montbly chazge instead of a mortgage lnsurauce premium if ttus Securlty�tnsuument is held by the Secretary. . _ � . '`t:�t.;;. = :�a=;;-
<br /> . in a�easanable amount co be determined by the Secretary. Ea�cept for the monthly char8e by the Secretary.these . .
<br /> �. � items at�e called'Escrow Items"and the sums paid to Lender are cal2ed"Esccow Funds." . .
<br /> � �� Leader may,at any.dme,collect and hold amounts for Escrow Items ln an ag,�regate amount not to exceed the �
<br /> ,►:�. �' ... . maximu�a�o�m[tBat may be required for Borrower's escrow�unt under tbe Reai Estate Settlement Procedure,4 , � �
<br /> � � . Act of 1�9'lZ, 12 U.S.C. Section 2601 et seg. and implementing s�gulatlons. 1A CFR P2rt 35Q0, as they may be �
<br /> ' "� : � � amende8 from dme to time("Yi�SPA'), except that the cusLion or reserve permitte0 by RESPA for unanticipazed .�� �
<br /> � � • disbursements or disbtusements before the Borrower's payments are available�n the accuunt may not be based on :�"• . �
<br /> . .. : amonnts due for the mortgage insurance premivm. � ,��`��.` . ., , �. �
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