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<br /> of Bomo�+rer's cavenonts and sgreemEnta under this S�curity Instrument and the Nate. For this puigo:e. Borrower
<br /> imevar.ubly Bmnts und conveys to the Tcustee.in trust,with power of sale. the following descdbed property lar.�ted `
<br /> � in Hall cour�:y. Nebeaska:
<br /> � • • The Southerly Sixty-eight and One Half (68 1/2) feet of Lot One (1), B�acOc
<br /> �.-- Thirt�en (13). Gilbert's Addition in the City of Grand Island, Hall Co�;nty,
<br /> .���� �' N�brasica. '
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<br /> � � �. ° which bas the addrresss of 1216 N Cl arlc,Grand I sl and tsum, cm�.
<br /> J Nebraska 68801 [Z�p Coael ("�penY Address'):
<br /> . ,�
<br /> � ' _� TOt3E1'HER WiTH ell the improvements aaw or hereafter enxted on the property, and �ll easen�sents.
<br /> •. �i �. appurtenaztces aad fiaturea no�v or hereafter a part of the property. All replacements and addltions shall elso be `°
<br /> ,�.' cavered by this Securlty Insuumeat. All of the foregoing is referred to in tt►is Seauriry Instnuneni ns the'Fr+operty.'
<br /> '' BORR�WER COVENANTS that Borrower is lawfully scized of the estate hereby conveyed and has thedght to
<br /> ;; � �` grnut and convey the Property and Wat tbe Property is unencumbered. eacept for encuaabrnnces of rerqrd. Horno�ver
<br /> ' �IP' w-urante and will defend generaUy the tide to the Property against all claims and deraands, subj��c c� any ��•
<br /> ~ ' encmnbrances of�cord. �
<br /> � 1'�!� SE�IJI+_ITY IN�'!'rr[�Ntant� ���!►�n�s�i�iferm cnvennnts for national use and non-�nlfocm eovenents '
<br /> • � with llmited veriations by judsdIction ro conatitute a uniforw seaurity instrument covering real pr�nperty.
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<br /> .'>'.' Barrower aad Lender covenaut and agree as foUowa:
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<br /> • � ' UNIF�RM COV6NANTS. �'r�`
<br /> _, � 1. Payment oP Frinclpal, Interc�t and I.nte C6arge. Borrower shall pay when dus the princIpal of. ead �•-'..-.
<br /> • taterest on. the debi evideaced by the Nate nnd lute charges due under the Note. ���I�_
<br /> � 2. Mont6ly P�yment of Taxes� Insnruace aad Other Churges. Eomower shall include in enc� montiily [; ��•
<br />- - payment,together wtth the principal aad interest as set forth in tttc N�te and aay late cherges.a sum for(a)taxes and �`�'-
<br /> sjsecial agsessmants levied or to be lavied against the Pmperty, (b) leasehold payments or g�rAUnd rnte on the
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<br /> Property,and(c)pnemiums for insurauce required under paragxaph a. In any year in wbich the Lender must pay a ����;
<br />�,;_.�";•5':,. . mortgttge incw�nce premtum to the Secretary of Housing and Urban Developtnent('�ecretary'). or in any year in ----
<br />.�. ,,.,.,,.•�.. ' . which such gremium would 6ave been nequired if Lender xtW held the Securlry lnstrwnent.each monthly p�ent
<br /> __:.w- •� .d shalt also iaclude eittter: (i)a swn for the ennual iuortgege insuranco premium tco be paid by Gender to ihe �►, �.-�"
<br /> � � r � ar(ii)a monthly charIIe instead of a mortIIage insurance premium if this Securiry Instcuraent is held by the Saretery.
<br />- �.;;. ,: la a ceasonable umount to be determiaed by the Secretary. Fa�oept for the monthly charge by the S�c�etacy, these _
<br />' ' " ' +" {tems nre caped"Escrow Items"and the sums paid to Lender nre called `Fscrow Funds." .=�-
<br />;.��' ' � ` Lender msry.at any tiace. oollect and hold amounta for Fsssmw Items in an aggreBate a�nount nnt w eueed�he �,�;
<br />_• • ��s m t u imum amount t hat a�ay b e req u i r e d far Bormwer•s escrow account uuder ttie Real Estate Seulement 1Prooaelure� �!`�.
<br /> •„ ��
<br /> - - • � Act of 1974, !2 U.S.C. S�cti�n ?,fi01 et seq. end implementing reguletians. 24 CFR Part 3500. e�they maybe �''-`
<br /> �,- �''�`�.. .'�::i azaeaded firom Nme to titne i'�PA"). except t�ai the sushion or reserve permitted by RESPA for uaandcigate� ��';--
<br />•t ;- , °',�� disburs�ments or disbursements before t�e Bflmower's payments are available in the socount may not be based on _;,
<br />` . .��' ":�'` Amounts due for the mortgnge iasurance premium. ��
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