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201402874
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Last modified
7/20/2017 11:13:47 AM
Creation date
5/15/2014 9:15:16 AM
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DEEDS
Inst Number
201402874
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��14��574 <br /> �34'�,SUU.dI��;[b��he pa�ment�f a��other sums,w�th In�erest, advanced under paragraph S to prote�� <br /> the secur�ty af�his Security Instrument a�r other�vise due under the terms of this Secur��y �nstrunn.ent; and <br /> �c��h�p�rformance of Borrower's c��enants and agreemen�s under this Secur��y�nstrument and�he <br /> Nate. The full deb�, including amounts descr�bed in�a�7 �b}, and�c�above, if nat due ear��er, is due and <br /> payab�e�n����1�,2�$�. F�r�his purpose, Borro�ver irrev�cably gra��s and con�eys�o Trustee, in <br /> trust,wi�h pa�ver of sa1e,�h�fal�owing described property lo�ated xn �.�►.�..:L�aun�.y,NEBRAS�A: <br /> See�ega�description as Exhibit A attached hereta an� made a part hereof for a���ntents and <br /> purposes <br /> which has the address of <br /> 4�4���'IP�E�LI..,A'V�E��JE,��I�l""IPI��N,Ne�rask.a ���32,�"Proper�y Address"� <br /> T�GETH�R VL�ITH a��the improvements novv or her�after ere�ted on th�proper�y, and all easemen�s, <br /> ri�hts,appurtenances, and f��tures no�or hereaft�r a par�of tize proper�y.All replacemen�s and <br /> additio�s shall also be covered by�his Securit�Ins�rument.Al�of the farego�ng is referr�d to �n this <br /> Secur�ty Instrument as the "Property." Borro�ver understa.�ds and agrees tha�MERS hoids only l�gal�itle <br /> to th� interes�s gran�ed by Borrower in�his Security Ins�rumen�,bu�, if necessary to c�mp�y w��h la�or <br /> Cus�om, MERS �as nominee for Lender and L�nder's successors and assigns�has the right: ta exercise <br /> any or aI� �f those interests, in�luding,bu�not�imited�o,the r�ght to forec�ose and se��the Property; and <br /> ta take any ac��o�required of Lender including,but no�limited to,re�eas�ng and cance��ng th�s Secur�t� <br /> �nstrumen�. <br /> B�RR��VER��VE�IANTS tha�Borrower is IaWfully seis�d of the estate hereby con�e�ed and has the <br /> r�ght t�grant and convey the Property and�hat the Property is unencumber�d. Barro�er vvarrants and <br /> wi�I defend genera�ly t�e titl e�o�he Proper�against al� claims and demands, subj ect�o an� <br /> �ncumbran�es of re�ord. <br /> THIS SE�URZTY ZNSTRUMENT�omb�nes uniform co�enants f�r na�ional use and nor�--uniform <br /> �o�enan�s�vith lim��ed var�at�ons by jur�sdic�ion to cons��tu�e a uniform security instrumen�c��erin� <br /> r�al property. <br /> UN�F�RM C�VENANTS. Borro�ver and Lender ca�enan�an�agree as fal�aw�: <br /> 1.Paym�ent af Pr�nc�pal and Interest. Borrovver shall pa��hen du��he pr�nc�pal of,and�nterest Qn, <br /> the debt e�i de�ced by the Nate. <br /> �. Payment af Property�harges.Borrawer shall pay all praper�y charg�s cansisting of ta�es, ground <br /> rents,f�ood and ha2ard in�urance pr�m�ums,and special assessments�n a�ime�y manner,and shal� <br /> pr�vide evidence of pa}�ment to L�nder, un�ess Lender pays proper��charg�s by�vithholding funds from <br /> monthly payments due to�he Borra�ver or b�chargzng such payments ta a��ne of credit as pro��ded for <br /> in the Loan Agreement. <br /> 3. Fire,Flood and�ther Hazard Insuran�e.Borrower sha�� insure a�1 impravements on the Prop�rty, <br /> whe�her n�w in exist�nce or subsequent�y erected, agains�any hazards,casua��ies, and c�ntingenc�es, <br /> includ�ng f re. Tizis insurance shal�be maintai�ed in�he am�unts,to the ext�nt and for the periods <br /> required b� Lender or the Secretar�of H�using and Urban De�elapment�"Secretary"}. Barrovver shall <br /> a�so insure a�l imprav�men�s on the Proper�y, wheth�r naw�n e�istence or subsequen�Iy erec�ed,against <br /> lass by floads to th�ex�ent requ�red by the Secre�ary. Al� �nsurance shall be carri�d�vith compan�es <br /> approved b_y Lender. The insurance po��c�es and an_y rene�a�s sha�i be held b_y Lender and sha�� include <br /> Pa�e 2 of]� HECM First Deed 4f Tz-ust <br />
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