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<br /> this �auci�rae, D�+rro�crs irrevocably �;rant and couvey tn Trustee, in p•ust, with power of ,; ,
<br /> - salc, tbcr� g�1���wimB dcscrib�d property :
<br /> � L.ot Two (2), Al��k Elnvnn (11), Charles Wasmer's Addition, ��,�:;,�
<br /> � Graad Islan�, Hall Cou�►RCy, Nebrasica ___`''_`.
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<br />__ 'The rnailin� address of tl�e b�rr�o^i�ers is 1507 W. Division, Grartd Rslancl, Ne'brasBca, ��,-�
<br /> 68801. __
<br /> _ �_
<br />'w TOG�T�'1BR WITH all tt►e impmvements now or hr.reafter erected an the property, =-
<br />_� a�c� a�D e��cements, rights, appurtenanr.e.9, rents, and fixn�res hereafter a part of the property. �
<br /> = AIQ r��l�ce�r.ents and additions shall also be covered by thirt Security Instrument. All of the �===
<br />� f�r�p,oi��a i� referred to in this Security InRtrumc:nt aa the "Property".
<br /> � �ORROWERS COVENANT that f3orrrnvcrs are inwfully seised of the estate hereby
<br />'� conveycd a�id have the right ro grant nnd convey d�e P�•oj�nrty and that the Property is ..-__._
<br /> � unencumlrered, except for encumbrances of r�:cord. f3orrowers warrant and will defend
<br /> � general6y t6�e title to the Pcopeery again�t all claiins and d�:mands, subject to any
<br />.�� ene�tmlrrances of recorci.
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<br />-� CO�ENANTS. Borrowers and I.,ender covenant and agres as follvws: —
<br />-' 1. Faymenc of PrincipAl and Intet�est; Prepayment and I..�te Charg�s. Bonowers shall =
<br />= �trmm�t8y�ay when duc the princiPal of the debt evidenccd by the Note and any prepayment ____
<br />'� anc� lute charges due under the Notc. ��
<br />.- E,_-
<br />� 2. Funds for Taxe�an�i Insiu•ancc. All real estate taxes and insurance shall be paid F��``
<br /> '� �r�
<br />__ �y B�er�wers when due. �����-
<br /> ��--
<br />.� �;�Y.
<br /> � 3. Ch�rg�s; Liens. BorroH•eis shall pay all taxes, assessments, charges, �nes, and ��: .
<br /> i�n Tosito�ns attributable to the Pro crt which ma attai» riorit over this Security ''�
<br /> ,� I P' Y Y h Y .l;.,
<br /> Inntruinent, and leasehold payments or�rvund re�nts, if any. Borrowers slhall promptly �.��:,
<br /> .� furniuli to L.ender all nutices of a�nounts ro be paid under this paragraph and Bonowers shall ��
<br />= pti^emptay�fucnish to L,ender receipts evidencin� the payments.
<br /> .,� Buirmwers shall pr��ptly discharge any lien �vhich has priority over this Security
<br /> "� Iar�u�u�ttent (�xcluding any first de�d af trust) unless Borrowers: (a) agree in writin� to the
<br />!_� payment of the obligation secured bry t�e lien in a manner acceptable ta Lender; (b) contest
<br /> .� in �;c�od� fait�� the lien by, �r defen� against enforcement of the lien in, legal proceedings
<br /> � wtticlz iu tfie Lendcr's opie�ian operatc to ���event the enf�rcement of the lien or forfeieure of
<br /> �� any�r�u-t of tlie Properry; or (c) secure fro�n the holder of the lien an agreement satisfactory
<br /> � to L�:itd�:r s�aUordinatin� the lien to this Security Insn�unu:nt. If Lender detecmines that any
<br /> � �art of the Proiierty is subject to a lien which tnay attain nriority over this Security
<br /> � Instrumenc, Lender may give Borrowers a noticc icientifying the lien. Bo**o�vers shall satisfy i
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