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, , • • 201007$34 <br />with power of sala. the folbwing d�cribed property loc�ted in �7►r.L <br />County, Nebreska: <br />: �rv: -:i:a� <br />WhiCh ha3 th9 qddreSS Of 3111 N 1P�:STSID� ST <br />[Sh+eatj <br />� iara►� , � s�eo3 ("Property Address")� <br />t�+ril C�l Caa �l <br />T�GETHER WITH ap tha improvements now or her�fter eracted on the Prop�ly, and ail <br />easements. ri9hts. aPPurtananoes, ar►d fncfur� now or here�ftc�r a part of the Properly. All <br />replaoBmerrts and additians shall al�o be cnvered by tMis 5ecurity Instrument. All of the fnregoirig is <br />ref�rred to in this Security Instrument as the "Property." <br />BQRRQWERCOVENANTS that 8amawer � I�wfully seized ofi the estate hereby oorweyed and <br />has the ripht b grar�t and oorney the Property and that the Property k oMy encumber+�d by a Ffrst <br />Security Instrurnent given by Bormwer and dated the sam� date as this Security Instrument ("First <br />5acurity Instrumer�t"}. Borrower wamants arx,1 wiU deferid gerterally the title ta th� Property agair�t <br />ait daims and demands, s �n any er�cumbrances oi reoorcl. <br />THIS SECURITY iN5 �ENT aombines uniform ooveriar�ts Tnr rmtianel use snd nor�unifqrm <br />aovenants with limited variations by jurisdidion to oanstitute a uniiurm security instrument covering <br />real Pro� <br />UNI ORM C�VENANTS. Borrower and Lender vpvenant and a�ree as fpNaws: <br />1. Payment af Principaland Ir�nst. Borrower sF�rli pay whQn du� the prirx�pel of, and irrterest <br />on, the debt evidenced by the Seoond Note. <br />�. Paymont of Property Cha�ges. Bort+�wer shall pay aN prop�iy diarges cxyr�sisting of taxes, <br />graund ren�, fbad and F�azard ir�surance premlums, and spet�al asses�ments � a t&nely manner, <br />a�d shaN provide �riderxs of p�yment to Lender, unlas� Lender pays property char�es by <br />wlthhoidirig iunds fmm monthly qeyments due ta the Banower or by c�ar+�ing auch payments to a <br />line of cr�dit as provided for M the Loan Apreement. L�der may require 8omawer to pay specified <br />P�P�Y ��'fes dlrectly �p the perty awed paymer�t even though Lend� pays other prnperty <br />ct�r�es as provided in this Pa raph. <br />3. Fir�, Flood and Othsr I�r+d Inwranas, Barrower shall Msure all improvemenrts on the <br />Prope�ty, whether now [n e�dst�ce or subsequentty er�cted, against any fiazs�tds, cesu�lties, and <br />aor�tingencies. indudin� fire. Th� insurance shall be rrwin#a�ed � the amounts� �o the e�cterrt and <br />for the perivds r��red by �er�der. Borrower shall �Iso insure all improvemeMs on the Properly, <br />whether now in ewstenoe or su6�equantly erected, �einst bss by floods ia the extent required by <br />Lender. 1"t�e tnsurance ppNdes and any re�uvals st�ll 6e held by L.end� and shaN incktde bss <br />peyabie deuses in favor of, and In a 1�arm acaeptable fio, Lender. <br />In the eveM of bss, Borrower shall pive Lender immediate notloe hy maU. Lender may make <br />proof of bss ff not made premPtlY bY Borrower. Each insurance aampeny �med is hereby <br />suthorized and direded � make payment fivr sud� bss ta Lender instead af to Bomower and l.ender <br />joiMly. Insuranae proceeds shap be a �p1ied to r�tnration or repair af #h$ dama�ed Prvperty, if ;the <br />re��oration or repair is eoonomice�y feasi6le and Lender's <br />FNst Mterlcan Wrrt Produclion Senioes Nalxaoks HECM Af�M 8ncond Saa�ufh► {ra�trur�nt <br />Q 20QB F�t Atriaican R�eal Esmte SduUans LLC <br />FALP3 # 881fQ : OZIq9 Pape 2 <br />NNUFL �914NE (G�LNk7 . <br />