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<br /> af Qorrawcr's covenants und agrcements under this Securiry Insirument and the Note. For this purposc, Barruwer
<br /> irrevori y grants and conveys to the Trustee, in trust, witl�power of sule, :he fc�ilowing described property located
<br /> �,���� y ebrasku: —
<br /> ��ftACTIONA� l.G'T 8, IN FRACTIqNAL B1.OGK 10, OF CHARLE;3 WASS`'{�� �
<br /> ,....• ...�v ,�r �onwtn T�I 4NEl_ HALL C�UNTY. N�DRE�gl:la e =
<br /> HUU 1 i l IJ1V i u �nt� �.a� � �+� •�• •� • ,
<br /> ANU FRA�1IGNAL LOT B IN F�tACTIUNR� BLOGK 2, ELM PLACE ADDI7IQN
<br /> 'f0 fWE CI'f�f 0!= f3RA1VD Y5LAN0, WALL COUNTY, NE9RA91CA.
<br /> TH18 I6 A FIJkGHAG� MONEY SECURITY IN6 IRU�'iE(�i. "
<br /> �AX 5'fAf�M�.Nf� SHOULD BE SENT f0: NORWEST MORTdAOE INC. � P.O. BOX
<br /> 513%� DE� MLIINE�� TA SO�Ob3137
<br /> which ttas the a dr.s• f 1410 WE�T KDEN IO ST� CiRAt�U I SLAND � �s«���,ci�1,
<br /> Nebraska ����� IziNCodc) ("Property Address"):
<br /> TOGETHER W1TH all the improvemcnts now or hereafter erected on the property, and all easements,
<br /> nppurtenances and fixtures now or hereaftcr u par� of the property. All replacements und additions shall also be
<br /> covcred by this Secudty Instrument.All of ihe foregoing is referred to in this Security Instrument as the"Property."
<br /> BORROWLR COVENANTS that Burrowcr is lawfully seixed of the eswtc hcreby conveyed nnd hns the right to
<br /> grant and convey the Propeny and that the Property is unencumbered, except for encumbrances of record. Ba:rower
<br /> wurrunts and will defend generally the title to the Propeny aguinst nll claims and demands, subject to any
<br /> encumbeances of record.
<br /> 7fHlS SECURITY IIVSTRUMENT combines uniform covenants for nntional use and non-uniforni cc�venants
<br /> .�.�e�l�mired vnriations by iurisdiction to constitute a uniform security instrument covering real propeny.
<br /> Bon�wer and Lcnder covenant and agree as follows:
<br /> UNi�ORM C.OVENANTS.
<br /> 1. Payment of Princfpal, Interest and Late Charge. Borrower shall pay when due the principal of, nnd
<br /> interest on,tl�e debt cvidenced by the Note and late char�es due undcr the Note.
<br /> 2. Monthly �'ay�nent of Tax�, Insurance and Other Charges� Borrower shall include in each monthly
<br /> payment.together with the principal and interest as set forth in the Note and nny late charges,n sum for(a)taxes and
<br /> special assessments levied or to be levied asainst the Property, (b) leusehold payments or ground ren�s on the
<br /> Pruperty, and(c) premiums for insurance required under paragraph 4. Tn any ycar in which the L.ender must pay a
<br /> mortgage insurartcc premium to the Secreiary of Housing and Urban Development ("Secretury"), or in any yeur in
<br /> which such premium would huve been reyuired if Lcndcr still he(d thc Security Instrument, cach monthly pa}�ment
<br /> st�ull atso include cither: (i)a sum for thc anm�al mortbage insurance premium to bc paid by Uender to the Secrctary.
<br /> or(ii)a montlily charge enstcad of a mortgage insurance premium if this Security Inscrument is held by the Secretary,
<br /> in a reasonable amount to be determincd by the Secretary. Except for the monthly charge by the SccreWry. these
<br /> items are called"Escrow Items"and the sums p9id to Lender nre called "Bscrow Funds."
<br /> Lender may. at nny time,collect and hold amounts for Escrow Ytems in an aggregnte amount not to exeeed the
<br /> m,^.��s„��n,�n�nnnr�hat may bc re4uired for Borrower's escrow account under the Real Estate Settlement Procedures
<br /> Act of 1974, 12 U.S.C. Section 260t et seq. and implementing regulntions, za e:NK �arc 3500. as they u�uy 'vz
<br /> amended from time to time ("RESPA"), except that the cushion or reserve perniitted by RESPA for unanticipatod
<br /> disbursen�ents or disbursements beforc the$onower's payments arc available in the account may not bc based on
<br /> a��ub�.��for the murt�age insurance prcmium. NEF2-�OtJ95-2
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