201005159 - Laserfiche WebLink

Browse

201005159 with power of sale, the folbwirrg described properly bcated in HILL County, Nebraska: s~ Amara which has the address of 312 ~ 16TH ST ct~-wa 7[s1.a-rm ,~ 68t3o1 ("Property Address"); [C~h~l [~~l CAP ~1 TQGETHER WITH all the lmprovtaments r,Inw ar ht~reafter erected on the property, and aH ealsements, rights, appurtenances, and fipctures now or hereafter a part of the property. Ail replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Bt]RROWERCOVENANTS that Borrower is lawfully seized of the estate hereby aorweyed and has the right to grant and convey the Property and that the Property is only encumbered by a First Security Instrument given by Borrower and dated the same date as this Security Instrument ("first Security tnstrumeni"). $ormwer wam3nts and will defend generally the title to the Property against all claims and demands, subject io any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants far nat;ana! use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFQFtM COVENANTS. Borrower anal Ltsndsr covenant and agr~ae as flolbws: 1. Payment of Prlncipaland Interest. Bomawer shall pay when due the principal of, and interest on, the debt evidenced by the Set~ond Nate. 2. Payment of Property Charges. Borrower shall pay all property charges consisting of taxes, ground rents, flood and hazard insurance premiums, and special assessments in a timely manner, and shall provide evidence of payment to Lender, unless Lender pays property charges by withholding funds from monthly payments due to the Harrower or ~y charging such payments to a line of credit as provided #or in the Loan Agreement_ Lender may require Borrower to pay specified property charges direcfly to the party owed payment even though Lender pays other property charges as provided in this Paragraph. 3. Fire, Flood and Other Hazard Insurance. Borrower shall insure all improvements an the Property, whether now In existence or subsequently erected, against any hazards, casualties, and contingencies, including fire. This insurance shat! be maintained in the amounts, to the extent and far the periods required by Lender. Borrower shall also insure all improvements on the Property, whether now in existence ar subsequently erected, against bss by floods to the extent required by Lender. The insurance policies and any renewals shall be held by Lender and shall include lass payable clauses in favor of, and in a form acceptable to, Lender_ In the event of loss, Borrower shall give Lender immediate notice by mail. Lender may make proof of loss if not made promptly by 8arrower. Each insurance company cona:emed is hereby authorized and directed to make payment for such lass to Lender instead of to Borrower and Lender jointly. Insurance proceeds sha11 be applied to restoration or repair of the damaged Property, if the restoration or repair is economically feasible and Lenderas Fist Amsricsn Lc+en Productlon servlws hN6raka HF~M 8acond sacurfty Inetrurrlent {a 2DOE first Arrtsrkan Reel Estate Sdutlms LLC FALPti* UBOR OIR)B NMFL ~YB6DBNE Oae Id' t~GNE P"iM ~