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<br /> � • . of Borrowrer's covenants and agreem..°ats under t1�is Seturiry lnsuument and the Note. For this purpose. Borrower
<br /> ' , ' , irre�,ocably gran►ts aad wnveys co the TnuteE, in tmst,�vith gawer of sale,the�follovring descnbed progErty lorated �'�
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<br /> ' in 8 Hal l County,Nebr�ska:
<br /> � � Lot Tvrelve (12), �lack Six (6j, Koehler Place, an Additian to the City of Grand
<br /> , • • Island, Hall County, Nebraska. . ��
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<br /> � �• � Nebraska 68$OI Ctip Cadel �'�P�Y Address");
<br /> TQ�EfHER W1TH all the uaprovemenu now or hereafter erect�cl on ths grapemr, an� aII easements.
<br /> '' � aPpmtena3ces and fixtures uow 9r hereafter a part of the p�:,eny. All replacements�:--.�c4itions shall also be
<br /> � *�# covered by this Security Insuument.All of the foregoing is ceferred to in this Security L-L�r-�s as t�:"Properiy.•
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<br /> • BORROWER COVENANTS that Borrower is lawfiilly seiz�of th��^:hereby conveye3 und Uas�e ri�c to
<br /> � ' . grant aad convey the Property and that t�e Pragc-ct� s unencuml�ered,ex-''�:;.r eacumbrances af recacd.. Borro:r�r
<br /> � �. •i warrants and will defend generally the dtle to �. Prepam� again_�t :r1� •:�airas aad dEmands, subject to an.y
<br /> � eacumbrances of record.
<br /> , - -- '. '1'HIS SECURITY IIdSTRUMFNT combines wiifbrr� �ceaanu f��c.�ional u�and non-unifortn coveu3nts
<br />: , � arith limited variations by jwisdictlon to consritute a uniform securiry instr�t covering real PropertY•
<br /> " �a�rowes aad L�ader cflveaant and agree as fc::ows:
<br /> "��`.. UNIFORM COVENANTS.
<br /> �°` � :•' , ; 1. Pnyment a� Prtadpal, Interes! and L:..'.e Charge. Borroner �� pay wben due the priacigal of. �
<br /> -;=.r�':,=,:° ' interest on,thr del.�t��idenced by ttte Note and Cat2 rl�arges due under the i�r:r�:.
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<br /> ��.:�.s:. :�•, .1, '� 2. Moathly F'r',#�ent of Taxes, Insurn�c� aad Othrar Chargr�. .�'.�.�rower sh�ll include in c� a��1�1y
<br /> -"';�f«: i�f 1`� p�n:„�gether with ttte principal and interast as set fonh in the Nate aad any late charQes,a sum for(a)taxe�ar,d -
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<br /> ',•,�';'��'� sper:�L :;ssessmeau levied or to be levizd against the Property, (b) leasehold payment� or g,mund rents ar th�
<br /> ;;,f,.., ` � } Progertg+.and(c)Premiums for insurauce required under paragrapb 4. In.�y year in whlch the Leader must gay a
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<br /> ;;'r"'�. �:' . mortgag�e insuraace gremium to the Secretary of Housing and Urban Be��-�n�mEat('Secretary'),or us a�r ycaz in
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<br /> ,.:r�,z-_���--- wluch such premium would have been re�uired if LEnder stili held the�c�sity Insuument.eash mnathlY P3Y�r.cnt
<br /> �"';:;;�'�,��� shall also iaclude either.(i)a sum for the annual mortgage insurance premium to be paid by Leader to the S�tas��,
<br /> ="'�='=�-•—' or(ii)a monthly charge instead of a mortgage insurance pre�mi�un if chis Security Instniment is held by the Secr�eury,
<br /> =�=-�- — in a r�asonable azaount to be determined by the Secretary. Faccegt for the monshly charge by the Sect�etary. tY�e
<br /> "�� items are aUed"Escrow Items'and the sums paid to Leader a�called"�scmtiv Funds.'
<br /> -.�';;;,��?�� L�nder may,ai any time.collect and hold amounts for Escrow Items in an aggregute amount nat co eaoeed the
<br /> _ ��:"�.:;� maximum ataaunt that may be require�for Borrower's escrow account under the Real Estate Seuiemena Pcace�:�.-es
<br /> �j`�� Act of 1974, 12 U.S.C. Sectian 2601 et seq. and implementing regulations. 24 CFR Fart 3500. as they rcay be
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<br /> __��� aarended ftom time to tuae('1�ESPp+ ),except ihat the cu�rir�or reserve permitted by RESPA for�i�i
<br /> � disbvrsemenu or disbu�semenu before the Eorrowcr's pay�..��s ase a���ii�hle in[he aocount may nai be basc�a�
<br /> ^�='_'"�"�'`. � ameuats due for the mortgage insuraaoe premaum. .
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