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<br /> .:��.,:� of Borrower's covennnts and agrcements under this Security Instrument and the Note. Fcr this pu►p�se,Borrower �
<br />- irrevacably grants and wnveys to the Trustee, in trust,wlth power of sale, the following d:scribed property locAted
<br />_� � in HALL Counry,Nebn�skn: :
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<br /> ��F�'� LOT THREE (3), B�OCK TEN (10), GILBERT'S ADDITION, C1TY OF GRAND ISLRND, __
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<br /> HALL COUfdTY, fd�6l2ASkA -
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<br />- which has the address of 1013 WEST 11TH Sl'REET,GRAND ISLAND ls�ei,cicyl,
<br />�_ • � Nebraska 68801 (Zip Codej ("Property Address");
<br /> �,� '�• � TQGETHEP. 1MTH all the improvements now or hercafter erected on the properry. and all easementa, c_
<br /> '�.. ,,,,,,-. ?�' appurtenances and fixteues now or hemafter a part of tli;, property. All replacements and udditioas shall also be
<br />�:�,��..,,`.�r; covered by this Securiry Instmment. AU of the foregoing Is referred to in this Security Insuumcnt as the"Properry.'
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<br /> K�``=" °`~�:' BORROWER COVENANTS that Borrowet is lawfully seized of the estate hereby c�uveyed and has ide rlght to -
<br />�„;=„€�� , . grant and eoavey the Ycoperry and tnae[he rropecry is unencuu�i,CCCU�ax��,t f�i�cum�r^•a�of ruor3.L'^:sc:Lu
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<br /> -�<.,:.,:,.;,�y o � warrants and will defend generally the dde to the Property against all claims and demands, subjxt to any
<br />�'--"��•� encumbrances of rccord.
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<br />`��`�j' THIS SBCURITY INSTRUMBNT combines uniform covenants for aational use and aon-unnfform covtnanta
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<br /> ___._._ ;,�, �vith limited variations by jurlsdictton ro constitute a uniform securlty instrument covering real property.
<br /> _��.��r� $orrower and Lender covenant and agree t�s follows:
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<br /> ___=�•:v.�t;�: UNIFORM COVENANTS.
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<br />-�-�,� 1. Payment of Principal, Interest end I.ate Chsuge. Borrower shall pay when due the principal of, and
<br /> --- � interest on.the debt evideaced by the Note and late charges due under the Note.
<br /> -� x. Monthly Paymeut of Taxes, Insiu�snce and Ottier Charges. Borrower shall include in each monttily
<br /> = paymQnt,together with tho principal und intemst as set forth in the Note and any late charges,a sum for(e)taxes and
<br /> - ___ spxial assessmente levied or to be levled against the Property. (b) leaschold paymeats or ground nats on the
<br /> -"�- Ptoperty, and(c)premivais for insurance required under paragraph 4. In any year in which the Lendex must pay a
<br /> mortgage insurance premium to the Socretary of Housing and Urbaa Development("Secrctery'), or in►any year in
<br />�,,z_;;:� which such premium would have b�eu requirad if Lender still held the Security Instruinent, each montbly payment
<br />— —=-= shall also include either:(i)a sum for the annual mortgage insurance premium to be paid by Lender to the Secretnry,
<br /> �''' or(ii)a monthty charge lnstead of a mortgage insurance premium if this Security Instrument is held by tlu Secretary,
<br /> ____��=;,� in a xeasonable amount to be determined by the 5ecretary. Except for the monttily charge by the Secntary,thae
<br /> _-- items aze callyd"Escrow Items"and the sums paid to Lender are called"L?scrow Funds."
<br /> - •��� Lender may, at az►y time.collect and hold amounts for Escrow Items in an aggregate amount not to excced the
<br /> ------�� maximum auiount that may be requ'ued for Borrower's escrow account under the Rcul Estate Settlement Procedures
<br /> -� �_�'� Act of 1974, 12 U.S.C. Section 2601 ei seq. and implementing regulatioas. 24 CFR Part 3500, as they may be _
<br /> =-At��� ` amended from time to time ("RESPA'), except that the cushion or recerve permitted by RESPA for unandcipated
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<br /> disbursements or disbursementx beforc the Borrower s payments are available in the account may not be basec�on
<br /> �,;;��`�-,�.; amouttts due for the mortgage insuranc�premium. --
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