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<br /> �.. -�� of Borrowcr's coveuants nnd agreemeT�`��in t�rust�with power of s�lc,l thefoUowing dcscri�ed propery locateci .�
<br /> .:s�+�''�� inovacably grants and conveys to th Caunty,Ncbraska: �+
<br /> w..,�"�rb�''p in HALL :;,
<br /> ��� � LOT THREE (3), BLOCK TWENTY SEVEP� (27), ORIGINAL TOWN, NOW CITY OF GRAND
<br /> �- �� ISLANq, HALL COUNTY, N�BRASKA ��
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<br />::w, 4,,,' wh�rh has the address of 409 EAST 5TN STREET,GRAND ISLA Ad�g���
<br />- w,'�:,-. Nebrnska 68801 (z;p coae� ("PropertY
<br />;:,,•�'�.,,�s•tl:�. , and all easements,
<br /> �'��"��� TOGBTHER j1VITH all xhc impmvements now or herdafter erected on the property G_
<br /> � k;. �ppurteAaaces snd fiatures now or hereafter a part of the property. All replacements and additions shall also be
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<br />:�`:?�" covered by this Security lnstruuient.All of the foregoing ia refoned to in this Security 1nstrun►ent as th�'ProPertY."
<br /> �� ��r rh� nnuR�wBR COVENANTS that Borcower is lawfully seized of the estate hereby conveyod and has the right to
<br /> :,;��':�•,�...�j�.f grant and coavey tiio Property and that the Property is unencumociai.axc.."'pi f�r°.a�,.�*a—"rra of record.Borrawer
<br /> ' '��` .3 Warcants and wlll defend Qenerally the tide ro the Property against all clalms end demands, subject to any
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<br />��=°J:�'��•, encumbrances of recozd.
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<br /> _���"°`" THIS SECURITY INSTRUMENT combine.g unlfurm co�enant� for uationul use and non-uni�orm covenants
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<br /> - �=;�:r�; with limiud variadona by jurisdictlon to constitute a uniforai securiry inatrument covering property.
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<br /> _.--__,_- Borrower and Lender cavenu►t end agrce as follows:
<br /> ` '"'m�� UIJIFORM COVENANTS.
<br />_-_=�_�_�,v_
<br /> ��""�� 1. Psyment oi Princ9�i, Interest end Late Cbarge. Borrower shall pay when due the principal of, and
<br /> � 9nterest on,the debt evidenced by the Note and late charges due under the Note.
<br /> __ j2. Mont6ly PaYment oi Taxes, Insarance ana O�her Char��es. Borrower ahall include in each monthly
<br /> '� payment. together with the principal and interest as set forth in the Note and any late charg�.g. a sum for(a)taaes and
<br /> —_.—=i spccial assessments levied or to be levied agains� the ProPeny. ro) l�ehold payments or ground rents on the
<br /> � Praperty.end (o)Pnmiwns for insurancc recluired wider paragraph 4. In aay year �t a+hich the Lender must pay a
<br /> —:� mortgage Insurance Pr�mium to the Secntary of Housing and Urban Development ('Secretary'), or in any year in
<br /> ' wlilch such premiwn would have beea r�quired tf I.ender sciU held the Securiry Inscnunent, each moathly payment
<br /> - ' shall also include either: (1)s sum for the annuaf mortgago insurance Ptemtum to be p a i d by Lender to the Secretary,
<br /> �= or(ii)a monttily charge Instcad of a mortgage insurance pnwium if tlils Securiry Instcument is held by the 5ecretary,
<br /> - ia a ceasonable amount w be determiaed by the Secretary. Sxcept for the monthly chuge by the Seacetary, chose
<br /> �,_��� items are called"Escrow Items"and the sums paid to Lender are calle�"Fscrow'Fundg•�ate amotmt not to excx�d the
<br /> � i.ender may. at any time,collect and hold amouuts for Escrow Items in�►ag�g
<br /> _---�� maximum iunount that may be recluired for Borrower's esctow acsaunt under th�R P p�35�e��n�e�'°��
<br /> -- -- "'��� Act of 1974. 12 U.S.C. Section 2601 et s@q. and lmplementing regulattons, +
<br /> =��;%��.�' "� ��mended from time to time("RESPA"). except that the cushion or resecve permitted by RFSPA for unanticipated
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<br /> -%��;';. d3sbursements or disbursements before the Bonower's payments are available in the account may not be b:ue on
<br /> _ , �.•:s'�.:� e insurance remium.
<br /> � -,�•..,;>�,,,, > amounts due for the mort�ag P
<br /> :it`:��.,r�:":- Pep�2 ot 8 in�t4b:���f
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