97110951 - Laserfiche WebLink

Browse

� . .. . , ��.w . .... ��Y�1. �� . ' ��'.. `h\'l:. .I.. . - . . '. � . . ;J.P>__ _' - . 97- i10�'71 .,,FlE•RECQRDEq � .,� ,. ., ... ,�,� 9�— �s��s� �i� - '''�''� of Borrowcr's covenants and agreemcnts undcr chis Securiry Instrumen[ and the Note. For this purpose, orro er :; _ inevocably grants and conveys to the Trustee, in trust,with power of sale. the following described property located .� Hal l County, Ncbraska: y in '�;' The Snutherly Sixty-eight (68') Feet of Lots Seven (7) and Eight (6), Block FAUr (4), in Vine Hill Addition to the City of Grand Island, Hall County, ; Nebraska, EXCEPTING thedWEith�l�S�ix�1n�dkF�4),TintVine6Hi11fAddition. --�-___ said Lota Seven (7) an � �� �: S, � i� . � � "� [SItCCt.CkYL which has che address of 724 S. CUT't i S Street`z P c�' �S��Address"); �' Nebraska 68803 _ � TOGETHER WITH all the improvements now or hereafter erected on the property. and all easements, � ��,� appurtenances and fixtures now or hereafter a part of the propert��. All replacements and addiiions shall�� be � covered by this Secud[y Instrument,All of the foregoing is referred to in thls Securiry Instrument�the"Pro "- ` - BORRUWLk l:l3VEiv!►ivTS th82 EtftZO:va:is lawfi�tty seize�of the estate hereby conveyed and bas tlie d8ht to grant and convey the Property and that the Property is unencumbered,except for encumbrances af record. tsorrower . � warrants and will defend generally the title to the Property against all claims and demands, subject to any —_ encumbrances of record. � � THIS SECURITY INSTRUMENT combines uniform covenants for national use and non•uniform covenants wich limited variations by jurisdiction to constitute a uniform security instrument covering real property. Boaower and Jxnder covenant and agree as follows: UNIFQRM COVENANTS. " 1. Payment of Pr[ncipal, Interest and Late Charge. Borrower shall pay when due ttie principal of, and interest on,the debt evidenced by the Note and late charges due under the Note. 2. Monthly Payment of Taxes, Insurance and Other Char�es. Bonower shall include in each monthly �, payment,together with the principal and interest as set forth in che Note and any late charges,a ewn for(a)taxes and � special assessments levied or to be levied against the Property, (b) lcasehold payments or ground rents on the property, and(c)premiums for insurance required under pazagraph h. In any year in which the Lender must pay a � mortgage insurance premium to the Secretary of Housing and Urban Development ("Secretary"),or in any yeaz in _ ,;� which such premium would have been required if Lender still held the Security Instrument, each monthly payment — . � shall also include either: (i)a sum for the annual mortgage insurance premium to be paid by I.ender to the Secretary, — or(ii)a monthly charge instead of a mortgage insurance premium if this Securiry Instrument i� held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly chasge by 1he Secretary, these ' items are called"Escrow I[ems"and the sums paid to Lender are called "Escrow Funds." Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amaunt not to exceed the �p, maximum amount that may be required for Bonower's escrow account under the Real Estate Settlement Procedures �� Act of 1974, 12 U.S.C. Section 2601 et seq. and implemencing regulations, 24 CFR Part 3500, as they may be �«_— amended from time to time ("RESPA"), except that the cushion or reserve permitted by RFSPA for unanticipated ��-''_:- disbursements or disbursements before the Bonower's payments are available in the accowit may not be based on amounts due for the mongage insurance premium. Pape 2 0l 8 �NtI�iV �4RtNE1 tssoa�.ot � I .- _� I �-- �.1___ - -