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201000586
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1/27/2010 4:52:26 PM
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1/27/2010 4:52:26 PM
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DEEDS
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201000586
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2Q1ooo5ss <br />0116650185 <br />and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. <br />The full. debt, including amounts described in (a), (b), and (c) above, if not due earlier, is due and payable on <br />APRIL 28, 2089 Far this purpose, Borrower irrevocably grants and conveys to Trustee, in <br />trust, with power of sale, the following described property located in HALL County <br />Nebraska: <br />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF; <br />which has the address of 1008 S STUHR ROAD , <br />[Street] <br />GRAND ISLAND ,NEBRASKA 6880] ("Property Address"); <br />[City] [State] [Zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />rights, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall <br />also be covered by this Security Instrument. All of the foregoing is referred to in this Security instrument as <br />the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the <br />right to grant and convey the Property and that the Property is unencumbered. Borrower warrants and will defend <br />generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real <br />property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal and Interest. Borrower shall pay when due the principal of, and interest <br />on, the debt evidenced by the Note. <br />2. Payment of Property Charges. Borrower shall pay all property charges consisting of taxes, <br />ground rents, flood and hazard insurance premiums, and special assessments in a timely manner, and shall <br />provide evidence of payment to Lender, unless Lender pays property charges by withholding funds from <br />monthly payments due to the Borrower or by charging such payments to a line of credit as provided for in the <br />Loan Agreement. <br />3. Fire, Flood and Other Hazard Insurance. Borrower shall. insure all improvements on the <br />Property, whether now in existence or subsequently erected, against any hazards, casualties, and contingencies, <br />including fire. This insurance shall be maintained in the amounts, to the extent and for the periods required by <br />Lender or the Secretary of Housing and Urban Development ("Secretary"). Borrower shall also insure all <br />improvements on the Property, whether now in existence or subsequently erected, against loss by floods to the <br />extent required by the Secretary. All insurance shall be carried with companies approved by Lender. The <br />insurance policies and any renewals shall be held by Lender and shall include loss payable clauses in favor <br />of, and in a form acceptable to, Lender. <br />First American Loan Production Services Nebraska HELM Security Instrument <br />02008 First American Real Estate Solutions LLC <br />FALPS# NEHECM 1 SiF-2 Rev. 03-14-09 Page 2 <br />
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