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��14��575 <br /> �he securi�y of�his Security Ins�rument ar otherwise due under�he terms of this S�curity �nstrumen�; and <br /> �c�the perfarmance of Barr�vver's covenants and agreerne�ts under this Security �n��rumen�and the <br /> Second Note. The fu��debt, inc�uding amaunts describ�d in[a�, �b},and�c�above, if not due ear�i�r, is <br /> due and payable�� Jui� 16,�D��. For this purpose, B�rrower irrevaca��y grants and con�eys ta <br /> Trustee, in trust, with povver of sale,the foll�w�ng d�scribed praper�y located in H��I1�ounty, <br /> NEBRASKA: <br /> See�ega�descriptian as Exhibit A attached hereto and �nade a part hereof for a�l intents and <br /> purposes <br /> whi�h has the addr�ss of <br /> 444�A�IP�E��A����E,I���IP�.A�.�,Ne�braska f��3�, ("Praperty Address") <br /> TDGETHER�]I��TH aI��he improvements now or her�after erected or��he proper�y,and a�� easements� <br /> rights,appur�enances, and f xtures novW or hereafter a par�of th��roper�y. All replacemen�s and <br /> add�tions sha1�also be co�ered by th�s Secur��y Znstrument. AIl af the foregoing�s referred�a in this <br /> Security Instrum�nt as�he"Proper�y." <br /> B�RR�'L'�ER��VENANTS that Borrovver�s lawfully se�2ed�f th�estate hereby�onveyed and has the <br /> right to gran�and canv�y th�Proper�y an��hat�he Proper�y is only encumber�d�y a First Security <br /> Ins�rument gi�v�n�y Borrower and dated�he same date as this Secur��y �nstrument�"Firs�Security <br /> Xnstrument"). B�rro�er warran�s and�v�il defend generall�the����e to�h�Pro�erty against a�� c�aims and <br /> demands, subj ect t�any encumbrances af record. <br /> THIS SE�LIR�TY�NSTRUMENT�ombines uniform co�enants for nationa� us�and non-un�form <br /> ca�enan�s with l�mi�ed�ar�ations by jurisdiction ta constxtute a uniform s�curi�y �nstrument c��ering <br /> rea�property. <br /> UN�F�RM ��V�NANTS.Borrovver and Lend�r co�enant and agr�e as fallaws: <br /> 1.Payment of Pr�n�ipa�and Intere�t. Borrower shall pa}�when due the principai of,and interest an, <br /> the debt e�iden�ed by the Second Note. <br /> �. Pa�ment of Property Charges.Borrov�er s�a�� pay al�praper��charges consisting of�axes,ground <br /> ren�s, flood and hazard insurance premiums, and speciai ass�ssment�in a tirne�y manner, and shal� <br /> pravid�e��dence of paym�nt�o Lender, unless Lender�a�s proper��charges hy withhold�ng funds from <br /> mon�hly paymen��due to the Borravver�r by charg�ng such pa�ments�o a l�ne of credi�as prov�ded for <br /> in the L�an Agreement. Lender may require Borrovver to pay specified praper�y charges directly to�he <br /> party owed paymen�even though Lender pays other proper�y charg�s as pro��d�d in th�s Paragraph. <br /> 3. F�re,F��od and Uther Hazard Insurance. Barrower shall insure al� improvements on�he Praper�y, <br /> whe�her naw in existence or subseauentl�erec�ed, aga�nst any hazards, casualties,and con�ing�ncies, <br /> �n��ud�ng fire. This insurance shall be ma�ntained in the amaunts,to�he e�tent and for the periads <br /> requ�red by Lender. Borrovver shai l also insure al� improvements an th�Proper�y,whether naw�n <br /> existence ar subsequently erected, agains���ss by f�oods t�the e�tent requir�d by Lender. The�nsurance <br /> poi�cies and any ren�wa�s sha�t be he�d by Lender and shall include loss payable c�auses in favor af, and <br /> �n a form acceptable to, Lender. <br /> In the e�ent of�oss, Borr�wer shal� gi�e Lender immedia�e notice by mail. Lender may make proof of <br /> Ioss�f no�made promp�ly b.y Borraw�r. Each insurance c�mpan_y�oncerned is hereb_y au�horized and <br /> Pab� 2 of 11 HECM Second Deed Qf Trust <br />