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� 2� 1 ��3357 � ► � L�T SEVENTEEN �17}, BLOCK TWENTY THREE �Z3}, CQLLEGE ADDITI�N TQ WEST LAWN, IN THE CITY UF�RAND ISLAND,HALL C�UNTY,NEBRASKA Tax Farcel No.4U0035235 which has the addr�ss of,Z108 N GRAND ISLAND AVE,�RAND ISLAND,NEBRASKA G88U3(herein "Property Address"}; � T�GETHER W ITH all the impro�ements now or hereafter ere�ted an the property,and al!easements, appurtenances and fixtures naw or hereafter a part of the property.All replaeements and additions sha11 also be co�ered by this Security Instrument. All af the faregoing, is referred ta in this 5ecuri�y Instrument as the "Properiy." B�RR��VER��vENANTS that Borrower is lawfully seised of�he estate hereby can�eyed and has the right to grant and con�ey the Property,and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject ta encumbrances of record. THIS SE�URITY INSTRUMENT combines unifarm co�enants for nationa� use and non-unifflrm co�enants with limited �ariatians by jurisdiction to consti�ute a uniform security instrument co�ering real property. UNIF�RM C�VENANTS.Borrower and Lender co�enant and agree as follows: 1. Payrnent of Prin�Ypal. Borrower shall pay when due the principal of the debt e�idenced by the Note. 2. Borrower Not Released; Forbearance By Lender Not a Wai�er. Extension of the time of payment ❑f the sums secured by this Security Instrument granted by Lender to any successor in fnterest of B�rrower shall not operate to release�he ��ability of the original Borrower or Borrower's suc�essor in interest. Lender shall not he required to commence proceeding5 against any successor in interest or refuse ta extend time far payment or otherwise modify amor�ization nf the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Bvrrawer's successors in interest.Any forbearance by Lender in exercising any right or remedy shall nat be a wai�er of or preclude the exercise of any right or remedy. 3. Su�cessors and Assigns Bound; �oint and Se►veral LYability; �o�signers, The co�enants and agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrawer. Sorrower's co�enants and agreements shall be joint and se�eral. Any Borrower who co-signs this Security Ynstrument but d�es nat execute the Note: (a}is co-sign�ng this Security Instrument only to mortgage, grant and con�ey that Borrower's interest in the Property under the terms of this Security Instrument; (b} is not personally obligated to pay the sums secured by this Security Instrum�nt; and �c} agrees that Lender and any other Borrower may agree to ext�nd, modify,forbear or make any accommodations with regard to the term of this Security Instrument or the Note without that Borrower's consent. 4. Nofices. Any notice t� Borrflwer pro�ided for in �his Securi�y Ins�rument shalt be gi�en by deli�ering it or by mailing it by first class mail unless applicable law requires use of another method. The notice sha�l be directed to the Property Address or any other address Barrower designates by notice to Lender. Any notic� to Lender shall be gi�en by firs�class mai 1 to: Department of Housing and Urban De�elopment, Attention: Single Family Notes Branch,451 Se�enth 5treet S�V,Washington,DC 2�4]�or any address Lender designates by notice to Borrower.Any no�ice pro�ided for in thrs Security Instrument shall be deemed to-ha�e heen gi�en ta Borrovrter or Lender when gi�en as pro�ided in this paragraph. 5. Go�erning Law; SeWerabiiity. This Security Instrument shall be g��erned by Federal taw and the law of the jurisdretion in which the Properky is located. In the e�ent that any provision or clause of�hrs Security Instrumen�or the Note conflicts with applicable law, such conflict shall not affect other pro�isions of HUD-HAMP t��52�15 356 990ZZ0510b Page�