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<br /> ' of Bonower's covciu�nts aad ugreemenuc under this Secudty Instrument and the Note. For this purpose, Borrowcr ��
<br /> � irrevacnbly gmnts and conveys w the Trustee.in trust.with power of sale,the follawin�described property located
<br /> in Hdl l County,Nebraska: "
<br /> The Easterly One-Half (EI/2? of Lot Five (5) and the Easterly One-Half (E1/2) �}u
<br /> ., . �;-
<br /> ..-.,,. of the Southerly �eventpen (S17) fe�t of Lot Three (3), Block Twenty-One (21),
<br /> -���^ Scarff's Addition to West Latvn to the City of Gra�d Island, Hall County,
<br /> "� Ne�raska. � � '
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<br /> � w�lch eas shc ad�s of 2404 �1est 26th Street,Gra�� I sl and �Streec.Clry�, �:
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<br /> „ " Nebraska 68803 [x�a coac� ("Properry Address"):
<br /> ,� TOCiETHER WITH all t�e improvements now or hereafter erected on the progerty. and all eas�ments, ``�:
<br /> � apgurtenances end fixtures now or hereatter a part of the pmperty. All replucements and additions shali also be _
<br /> ;� covered by this S�curlry Iustrument.Ap of the foregoing is referred to W this Securlry Inscrument as the"Property."
<br /> - BORROWER COVENANTS that Borrower Is lawfully seir.ed of the estau:hereby conveyed and has the right to _'
<br /> � grant aud coavoy the Property and that the Prnperty is unencumbered,except for encumbrances of recard. Borrower `�"
<br /> wa�rants aad wlll defead genenslly the tide to the Praperty against all claims and demAnds, subject to any
<br /> " encumbraace.s of record. : �--
<br /> . �.z�' THIS SECURITY SNSTRUMfiNT combines uniform covenants for nationnl usf und uan-uaiforcn covenunts r��___
<br /> ••`�° wIW limited variusiaas by�ur�satccion co consdcuce a uniform securicy insuwacut cvvcriag ieni�,i��ou'. = _
<br />;� .� � Bomower�nd I(.Fader covenant and agree as follows: �':•:
<br /> . UNPFORM COVENANTS.
<br /> �� 1. Paymcat ai Pe�[ncips3l, Bntemst and Lote Chs�rge. Borrower sha11 pay when due the principal of, and --
<br /> interest on,the debt evidenced by the Note and late charges due uader the Note. ="—
<br /> , � . 2. A�Ionthly 1Pa3v�neat of T�ces, Insnrnnce nnd Other Chae�eg. Borrower shall iaciude in each moathly �`
<br /> payment. together with thc priuctpal ead interest as set forth in the Note and any late chazges.a sum for(a)taxes and �"--
<br /> special assessraents lovied or to be levied a�ainst the Property. (b) IeuseuolQ puyments or ground rents oa the �.:...
<br /> ; Property, and(c)premiums for insucance requirEd under parugrapb 4. In aay year in which the L.ender mu.�t puy n �-
<br /> • mortgage insuranr.e�m�mium to We Secret�uy of Housing and Urban Bmrelopment("Secrewry"),or ia eay year in =
<br /> -" � which such premiiun would have been requirett if Ixnder still held the Secudty Instnunent,each mnuthly payment
<br />°-"� ' " � shall atso include alther:(i)a sum for the ennual mortgage insurance premiuui to be paid by Lender to the Secretary. `
<br /> """' � �,;� or(�i:lt a monthly charge L�stead o.�t a mortgage insuraace premium if thia Secudty Insteu�ent is held by the Secretary, `-.`
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<br /> �.5„��+ in z rmsonable amuunt to be determined by the Scer�etary. B�ca:pt for tha taonthly c�+�rgP by the Secretary.Wese �-:
<br /> °�`'' iterns are calle�"Eset�w Items`and the sums patd to Lettder are callod'Fs�.�row Fuads."
<br /> :�• -
<br />_„ . I,ender may,at any time.oollett and uofd amouats for Fscrow Items In aa aggregate nmount aot t�exceed the j���:-�
<br /> .`. maaimum amount that may be required for Borrower•s escrow axount under the Real Estate Settlement Procedures ��.-.'
<br /> -� � �� ACt Of 1974. 12 U.S.0 Secilon 2601 et seq. tutd impletnentln� rr�ulations, 24 CFR Part 3500, es they rt+ay be �-_-,_
<br />- `g`' t ' �. ;�nnenilxd Lum time to time t'R£$PA°).exupt that the cushion or scscrve pecmitted by RESPA for unaattcipated t
<br /> � -� �'�� disbwsements or disburseaeenta before the Borrower's payments are availuble in the a,�oount may nat be based an `�,=-
<br /> . �:�""��� amounts due�ar the mortgage insurance premium.
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