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<br /> � � �� of Borrower's covenanta und i►greementa uader this Securiry Inauument and the Note. For this purpose, Borrower
<br /> . -: � Irrcvocably granta aud canveys to the Trustes,ia tn�st. v�Ith pa�ver of sale,the followfn�descdbed progerty located -
<br /> .. . _�� in gALL Coita�y.Nebrasku:
<br /> _._ � � LOT 4 AND THS 2JORaIi 90 888T OH LOT S• SLOCIC 4. 1'�IRD 1lDDITION TO TF� V�LLAf�� 68
<br /> _` -�;s" CAIRA. AALL C01TN'l'Y• N88RASRA.
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<br />-`�`! "'�' TAX 9TATffi�SNTS SHO�LD 8� EEDST TO: NORBA38T MORTOAOS IPTC.• 8.0. SOX 5137. D8$
<br />��:�=�� MOIN88, IA 50306513?
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<br /> `.:°;:- which has the addnsa of 507 S Noas�► ��, cnx�ao [s�ecr,c►cyl.
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<br />''Y• a Nebraska 68834 [Zip�al ("Property Address");
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<br /> - - 'TapgTHER WITH ali the impmvements aow or hereafter erected on the prnperty. and aU easements.
<br /> ,*:•:}�� appurtenances and fixtures now or hereafter a part of the property. A1l replscements and additions shall elso be
<br /> —�-,��� covered by tWs Security Insuument.AU of the foregoing is referred to in tWa Securlty Insm�ment as the°Property"
<br /> m ���4.� � BORROWER COVENANTS that Borrower ia lawfnlly sei•r�ed of the egtate hereby convey�ct and has the right to
<br />'�=`• grant and convey the Property and that the Property is unencumbered.except for encumbrances of rerord.Bflrrower
<br /> '�`' �warrants aad will defond generally the title to the Property against all cIaims and �lemands, subjoct to any
<br /> �_-=� ' encnmbrances of record.
<br /> THIS SECURITY IIQSTRUMENT combiaes uniform covenants ror nationai use and aon-uniform covcnanis
<br /> -j�� wiit►IImited veriationa by Jurtsflictioa w conatitute a uaiform aecurlty insm�ment coverlag real property.
<br /> Aorrower and Leader covenant and�as foAows:
<br /> ___ — UNIFORM COVENANTS.
<br /> -°„;,;�i� . . ' 1. Paymeat of Fr�nsipai, Interest aad Late Charge. Eoirower shaU pay when due the prittcipal of. and
<br /> -,;;;;:`:i� interest on.the debt evidenced by the Nota and lute charges due under the Note.
<br /> :"",;'� 2. Moathly Paymeut oP Taxes, Eusurance and Other Charges. Barrower sha1Q incldde in each �omt�t�►
<br /> _ paya�ent.together wItb the principal and interest as set forth in the Note and any late charges. a sum for(a)taxes and
<br /> spectal assessmenta levted or to be levled against the Property. (b) leasehold payments or ground reats on the
<br /> Pcopeity.aad(c)premiuma for insurance requlred under paragraph 4. Ia enyr year in which the L�ender must pay a
<br /> mortga�e insurance premium co the Secretaty of Housin$aa�i Urban Dcvelopment('Secretary'),or in any year.ia
<br /> which such premium would have been required if LQnde=stlll held the SecurIty Ins�ument. each monthlY P��
<br /> shall ats�iaclude either:(i)a sum for the anuual mortgage insuraace premium te be paid by I.eader to the Secr�etary,
<br /> or(ii)a monthiy c�arge instead of a imortgage Insureace premium if this Security Iasuument is held by the Secretary.
<br /> — in a ressonable amount to be determined by the Secretary. Except.for the moathly charge by the Secretacy,these
<br /> - ` items are called"Escrow Items"and the sums paid w Lender are cailed"Escrow Funds."
<br /> �'.r� �Lender may�at eny time..collect and hold amounts for Escrow Items ia an aggtegato amount not to ea�ceal.the
<br /> maximum amouat that may be required for Borrower's esaow axount uuder the Real Estate Settlement Proadures
<br /> � . Act of 1974. 12 U.5.C. Section 2601 et seq. and implemeating cegulations. ?� CFR Part 3500.as they may be
<br /> • � amended from time to time("RESPA'), exoept that the cushioa or reserve permitted by RESPA for unaaticipated
<br /> _ disbursemenis or diebursements before the Borrower's payments are avaitable ia the account may not be based on
<br /> amounts due for the mortgage insurance premitwi•
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