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201500162 <br /> Instrument;and(c)the performance of Borrower's covenants and agreements under this Security <br /> Instrument and the Second Note. The full debt, including amounts described in(a), (b), and(c)above, if <br /> not due earlier, is due and payable on April 18,2097.For this purpose,Borrower irrevocably grants and <br /> conveys to Trustee, in trust,with power of sale,the following described property located in HALL <br /> County,NEBRASKA: <br /> See legal description as Eghibit A attached hereto and made a part hereof for all intents and <br /> purposes <br /> which has the address of <br /> 2403 W ANNA STREET, GRAND ISLAND,Nebraska 68803, ("Properly Address") <br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br /> rights,appurtenances, and fixtures now or hereafter a part of the property.All replacements and <br /> additions shall also be covered by this Security Instrument.All of the foregoing is referred to in this <br /> Security Instrument as the "Property." <br /> BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the <br /> right to grant and convey the Property and that the Property is only encumbered by a First Security <br /> Instrument given by Borrower and dated the same date as this Security Instrument("First Security <br /> Instrument"). Borrower warrants and will defend generally the title to the Property against all claims and <br /> demands,subject to any encumbrances of record. <br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br /> covenants with limited variations by jurisdiction to constitute a uniform security instrument covering <br /> real property. <br /> UNIFORM COVENANTS.Borrower and Lender covenant and agree as follows: <br /> 1.Payment of Principal and Interest.Borrower shall pay when due the principal of,and interest on, <br /> the debt evidenced by the Second Note. <br /> 2. Payment of Property Charges.Borrower shall pay all property charges consisting of taa�es,hazard <br /> insurance premiums, flood insurance premiums, ground rents,condominium fees,planned unit <br /> development fees,homeowner's association fees,and any other assessments that may be required by <br /> local or state law in a timely manner,and shall provide evidence of payment to Lender, unless Lender <br /> pays property charges by withholding funds from monthly payments due to the Borrower or by charging <br /> such payments to a line of credit as provided for in the Loan Agreement. <br /> 3. Fire,Flood and Other Hazard Insurance.Borrower shall insure all improvements on the Property, <br /> whether now in existence or subsequently erected,against any hazards,casualties, and contingencies, <br /> including fire. This insurance shall be maintained in the amounts,to the extent and for the periods <br /> required by Lender. Borrower shall also insure all improvements on the Property,whether now in <br /> existence or subsequently erected,against loss by floods to the extent required by Lender. All insurance <br /> shall be carried with companies approved by Lender. The insurance policies and any renewals shall be <br /> held by Lender and shall include loss payable clauses in favor of, and in a form acceptable to,Lender. <br /> In the event of loss,Borrower shall give Lender immediate notice by mail.Lender may make proof of <br /> loss if not made promptly by Borrower. Each insurance company concemed is hereby authorized and <br /> directed to make payment for such loss to Lender,instead of to Borrower and Lender jointly. Insurance <br /> Page 2 of 12 HECM Second Deed Of Trust—: <br />