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- - - <br /> - 2U � 4i��089 <br /> Trustee, in trust, with power of sale, the following described property located in HALL County, <br /> i Nebraska: <br /> See Exhibit"A" attached hereto and made a part hereof. <br /> Tax ID#400069652 <br /> i which has the address of: 411 NORTH RUBY AVENUE GRAND ISLAND, NE 68803 <br /> ("Property Address"); <br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br /> easements, appurtenances and fixtures now or hereafter a part of the property. All <br /> replacements and additions shall also be covered by this Security Instrument. All of the <br /> foregoing is referred to in this Security Instrument as the"Property". <br /> BORROWER COVENANTS that Borrawer is lawfully seized of the estate hereby conveyed and <br />' has the ri ht to rant and conve the Pro ert and that the Pro e is unencumbered exce t <br /> 9 9 Y p Y P rtY , P <br /> for encumbrances of record. Borrower warrants and will defend generally the title to the <br /> Property against all claims and demands, subject to any encumbrances ot record. <br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />� covenants with iimited variations by jurisdiction to constitute a uniform security instrument <br /> covering real property. <br /> UNIFORM COVENANTS. Borrower and Lender covenant and a ree as follows: <br /> 9 <br /> 1. Pavment of PrinciqaL <br /> Borrower shall pay when due the principal of the debt evidenced by the Note. <br /> 2. Borrower Not Released: Forbearance Bv Lender Not a Waiver. <br /> Extension of the time of payment of the sums secured by this Security Instrument <br />, granted by Lender to any successor in interest of Borrower shall not operate to <br /> release the liability of the original Borrower or Borrower's successor in interest. <br /> Lender shall not be required to commence proceedings against any successor in <br /> interest or refuse to extend time for payment or otherwise modify amortization of the <br /> sums secured by this Security Instrument by reason of any demand made by the <br /> original Borrower or Borrower's successors in interest. Any forbearance by Lender in <br /> exercising any right or remedy shall not be a waiver of or preclude the exercise of <br /> any right or remedy. <br /> 3. Successors and Assiqns Bound: Joint and Several Liabilitv: Co-siqners. <br />' The covenants and agreements of this Security Instrument shall bind and benefit the <br /> successors and assigns of Lender and Borrower. Borrower's covenants and <br /> Page 2 of the Subordinate Deed of Trust Borrower Initial Lines <br />� � <br /> *Please add the appropriate number of initial lines for each signatory over 4 <br /> I,� <br />