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� � ��14�4553 <br /> protect the security of t��is Security Instrument or oth�rwise due under th�terms�f this Se�urity <br /> Instru��nent;and�c�the performance of Borrower's covenan�s and agreements under�his Securxty <br /> Znstrument and the Second Note.The fu��debt,including amounts describ�d�n�a}, �b}, and�c�above,if <br /> not due ear�ier,is due and pa�able on Ju�y 5,21�1.F�r this purpose,Borrv�er�rrevocabXy grants and <br /> con�eys ta Trustee, in trust,�vitl�power af sa�e,the fo�lov�zng described proper�y located in HAI�L <br /> C�unty,NEBRAS�A: � <br /> See�egal description as Exhibit A attached hereta and made a part hereaf for a�x intents and <br /> pu rposes � <br /> . wh7cl�has t��e address af <br /> 311 PI�C]EASA.NT DRIVE,GRAND ISLAND,Nebra�ka G8S�1,�"Pr�perty Addr�ss"� <br /> . , <br /> T�GETHER�LIIIITH a�l the improvemerits now or�ereafter erected�n the proper�y,and a�I easements, <br /> r�ghts, appur�enances, and fi�tures zao�or hereafter a par�of the proper�y.AlI replaceYnents and <br /> . additions sha1�also he cover�d b�this Security Instrument. A11❑f the foregoin�is referred�o in this <br /> Security �ns�rument as the "Proper�y." � <br /> B�RR��ER��VENANTS t��at Borrower is�awfu�ly se�zed of the estate hereby conv�yed and has th� <br /> r�ght to grant and con�ey the Pr�perty and that the Praper�y�s anly encumbered by a F�rst Security � <br /> �nstrui�nent given by B�rr�wer�and dated the same date as this Security Instrument�"First Security <br /> �nstrument"}. Borrower v�arrants and wi1X defend genera�Iy the title t��he Property aga�nst all cla�ms aatad <br /> demands, sub�ect to any encumbrances of recard. <br /> ; . <br /> THIS SE�UR�TY�NSTRLTMENT c�mbines unifarm cov�nants f.or nat�o�.a�us�and non--uniform <br /> co�enants with�iln�ted var�ations by jurisdic�ian to constxtute a uniform secur�ty xnstrument covering <br /> � real prope�-t�y. . <br /> UN�F�RM C�VENANTS.Borrower and Lender co�enant and agree as fo�lows: <br /> 1.Payment of Principal and Interest.Borrovwer sha1�pa�when due the przncipa�of,and interest on, <br /> . ., the debt evi denced by the 5 econd Note. <br /> � 2.Payment of Property Charges.Borr�v�er shall pay al�pr�per�y charges cons�sting of taxes,graund <br /> r�nts,flaod and hazard insurance premxums,and special as�essments�n a tzmely manner, and sha�1 <br /> .provide evidence af payment to Lend�r,un�ess Lender pays prop�r�y charg�s by withha�ding funds fronn � <br /> monthly payments due ta the Bar.rower or by chaxging,such payments to a line af credit as provided for <br /> in the Loan Agreement.Lender may require Borrower to pay specifzed property charges directly to t11e <br /> par�y ov�ed payx�nent even though Lender pays ather property charges as prov�ded in this Paragraph. <br /> 3..�'ire,�'Yood and�ther�Hazard Insurance.Borrovver sha���nsure a11 improvernents�n the Property, <br /> whether naw��e��stence or su�sequently ere�ted,aga�nst any hazaxds,casualt�es,and cantingencies, . <br /> inc�uding fire.This insu.rance shall be ma�ntained in the a�noun�s,to�he ext�nt and for the per�ods <br /> required by Lender.Bnrrovv�r shal�als�insure al�xmprave�nents�n the Proper�y,whether nov�in <br /> exi�tence or subsequently erected, agains�loss by f�oads ta the extent required hy Lender.The insurance <br /> policies and any renewals shal�be held by Len�ler and sha�I inc�ude loss payabl�clauses xn favor�f,and <br /> in a f�rm acceptable to,Lender. <br /> , In t�e��ent of Ioss,B�rr�v�er sha�1 give Lender immediate notxce by Ynai1.L�nder may make praof of <br /> Ioss if not made promp�ly b,y BorrovWer. Each insuran�e company cor�cerned xs hereby authorized and <br /> :� <br /> � <br /> , <br /> r <br /> ,� ., Pag� 2 of 1 I HC�M Secvnd Deed 4f Trust <br />