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<br /> of 8orro�ver's c�vr.�.:ats�d ugr�menu uader this S�cvriry Insuuwent and the Note. For this purtsose, Borrower �:-
<br /> irrcvacably grcints aad�nt��r�s to�e Truste�,in tr�t.with pocver of sale,the followiag desrnbrd property locazed =:
<br /> County.Nebraska: �'
<br /> , � HALL �
<br /> THE EASTERlY 21 FEET OF LOT 4 AtiD THE NESTERLY 40 FE�T 0� LOT 5, BLQCK 1,
<br /> . - �lFSTERHOFF'S Fat�S� �lJBDIVISIOy, CITY Of G�AND ISLANO, HALL COUNTY, NEBRASKA. �
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<br /> � z which has the addte�af 31�1 GJ�57S IDE STREET,GRAND ISLAND �II1�'��'n'�' _
<br /> Nebraska 68�03 t�r c�l (°PropertY Address'); _
<br /> . . � TaGBTHBR 11VIT.tY all tb.e improve�ee*� �w or hereaP.er erected c� the property, and ali easements, -
<br />:�s�',t..' urtenances aa3�now or hereafter��:.s�:��f the progerty. All �al.m�eats aad additions sA�":also ba {-:
<br /> '�`��� � co�ered by this S�r�ris.y Ii�e�t.Al2 of f=y rn.�:=:�g u referred to in th�-w^�a�::iy Instrumeat as the°L�.rty° _
<br /> BORROWBR C��I�tAN'P�iivv_�omou�r�:avrfnlly s�vsy of the estate hereby cxr�+�w_3 and has cae right to �
<br /> � ' '� `� grant aud canv�the Prop�cty aa�ci�.�:�e Pncir:�^'�%s une�:a�nlb�red,except for encua�L-r.sm�.s of reoorti. Borrower _
<br /> �---�._.. w�nts aad w�l defe,ad $ener-�y the titl� •:L: ,:�: Proge^-� against all claims a^_w d'r�ands. subje�t to any
<br /> • encumbrances of ma�crl. _
<br /> .�'� . 'T�IIS SECiJRT:Y IPtSTRU1�2II'a'T combines uniform c�.-,r.�ants for r�i.:�l us��.��unifc_��venants
<br /> ' t� ^a constttute a uaitbrm srjaau�v insuu��t cvve'rcl,;�erL�'s�rtS'•
<br /> :;. . , �. . with 1i�i.�3.v�i�.tinms lr�j,arisdi�r:m�- u. uu
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<br /> � .,,.;. %`�,:,;y --;aaa agree as fonows:
<br /> ,r,";,,r.' f•�-�, $,-r��r aa�LEr�r Covenn..
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<br /> _��,t`,.. 4, � UNIFOP.M C6gl6?�;�NTS.
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<br /> __'•--�`�.`�`� • y 1. Paym�►t oY P[�.nciga7. Iai�.n�st rand Late Cha�e. Boaower shall pay ahea due the princ�pal of. and
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<br /> _ � - .r �• interest on,the debt eviti�uce�by the Note aad late charges due�mder the Note.
<br /> ,.;;.`�:.,``�,:'` ` 2. Montbfy F�zna6at oi 9'�es. Insma�x aad Other C6arges. 8orrower shall inslude in each monthly
<br /> �-;;, puyment,tog°..shra w3ih ttte principal and interest as set forth in the Note aad any late charges,a sum for(a)taaes and
<br /> __ , . spe�€al asressEn�cs lcviad or to b2 levied agalnst the Pcoperty. (b) leasehold paymenU os grouad rents on t6e
<br /> �,_,:� propert�,,aad(e)P��miums for iasurance requimd under paragraph 4. In any year in which tha Lea�er must pay a
<br /> �tz'-;�. �;�,. mortgag�insurua�p�ium to the Suretary of Hou33ing and IIrban Development('SecntarY�).or in any year ia
<br /> ,.�._....
<br /> -=.-=���- •• which suc�pt�mium W�u1d have been nqutred iY LEttder stlll hsld the Security Insuument,each mon y paymeae
<br /> --"'__`_;'�,__ � shall also ia��udo eith�:!,i)a sum for the�nual mortgage insurance premium co be paid by LeIIder to the Secr�tary.
<br /> --___.._ or(ii)a mnnt�Sy ch��instead of a mo�tgage insuranoe Preminm if this S�urity i�`en,n,t.±+io held by the Suretary.
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<br /> 1=;.-,� in ss reason�ln��w1 m be determin�bY the SecretaiY. Except for the montlily charge by the Secretary. these
<br /> - .°-,` ". items ars caUod'�ac:mtiv Item,'a.urt che swns gaid to Lsader are called"Fserow Fuuds.•
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<br /> _ ,_�;_� :. Leader mz-3��s3 aa1'Rime,colleai aad hold amouats foi Escmw Items in an aggregate amouat aot to�xceed the
<br /> =Y;.:'•°t�• ed for Borrower's escmw accavnt under the Real Fstate Settlemrnt Proadures
<br /> :�,�'r�� m�imum ara�uut Q�C�amy be requir
<br /> '�� • Act of 1974, 12 L[.S.G. Section 2601 et seq. and implemensing tegulations. ?A CFR Pazt 3500, as tiin}►a�ay be
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<br /> -`,�;,_�7; �,e�l from Hm�ta time("RESPA').except that the cushion or resetve peanitted by RESPA for ananticipaud
<br /> =�°�""'175)7°"`� dis�:a s�m:,nts or d'ubu�r�ments �efore the Boaowar's paym�ars az�available in the acconnt may not be based on
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<br /> ^�'�,�r:� amo�:�s du:far thB m�rtg�ge insuraacepremium. .
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