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<br /> ��i of Borrower's covenants and agrcemenu under this Secauity Instrument and the Note. For this purpose.Borrower , . , .• , �
<br /> irrevacably grants and conveys w the Tnistee.in aust,with power of sale,the following described property lacated . �
<br />__ in HALL County,Nebra.�lca: _ - -_
<br /> LOT SEVE�� (7), BLIICK T�lQ (2), IN THE FIRSS ADDITION TO THE VILLAGE OF CAIRO, _____ _ __ . �`
<br /> i HALL COUNTY, N�BRASKA. �. . � _ .
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<br /> whic]ihastheaddressoY�;l S ALEXANDRIA ST�EET,CAIR� «�'n`�� ,;:''-*..��*�±��'.
<br /> Nebta,ka �8824 Iz;�coae� (•Propercy A�3..*�ess°): `��',��s _.
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<br /> �. . TOGETAE�t WIT� all thP is:�mveme�ta now or her�i't� erected ¢�n the property, and all easements. ,��;:f., . � � :_-
<br /> �^•' appnrteaances a n d f i x t u r e s now oT��after a art of the pru�y. Ail m�lzr�ments and addit3ons shall aLso be -- . '-;_ . �
<br /> 7 p di ' .,i.,,,..�_
<br /> "�' wvered by this Secariry rn�c„nr.en�..�of the foregoing is referra3 z�in this S�uity Insnua�eat as the"ProP�Y-" •' "'��.�°�:.:�
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<br /> BORROWER CO�AN'FS that Borrower is��wfully seized of the est4t�e�ereby conveyed and ha5�ine�ght to � �
<br /> • grant and convey the Fr�y and that the Property is unencnmbered,exce�3°`�encambrances of iecor�Brczrower • ��' -
<br /> wauants and will defead generali} -�e tifle to the Proper4;% .r,g�ss a1 W�ms and demands, subject to any - ,•��' °";.'�
<br /> encaimbrances of record. ,< ,"�';
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<br /> THIS SEC[1RTH'1F�.'a5'fRIIMF.NT combines�orm cc��xi�..�^.� fc*r�ia;�al use and noa-aniform exivenamts �: ��-
<br />. :Fa �� ��. fllF.
<br /> with limited variatioas'v�}�.uisdicxion to cflnstitute a.::iform secs:5 iasts���,-,�vering real propercy. •`` .t' -- ,
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<br /> Boaower and I.ender covenant a�d agree as follows: s::'�; ir._:
<br /> '4�, LJNM�3iM COVENANTS. ' '`�t��i.:' -•-.
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<br /> l. Paymeat o�P YrIn�sipal, Interest and Lale Char{{e. Bonawer s6a!i _.ay whea dne the princ��.a& ef, and ' ,.��,i�. �'•�'
<br /> interest on,the debt evldeared by the Note and late charges due uader the Ncti_ �t.'° �''"�;
<br /> 2. F��vv�dhly Fayment of Tes�s, Insmunce and Otther O.�zges. Borrower shall include in eac� monthiy , ''�'�:.'�;`_.
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<br />:. paya►ent,:3geiher wfth the priacipal aad iaterest as set forth in th�?�,�te and a�r lat�e charges.a saun for(a)taxes and -• ;+�°:; ���.:x:
<br /> ' special ��sments levied or to be levIed a the Pro em.. �b) leasehold aymenis or d �nts on tha �"�" � '=
<br /> 8� P �' P �� .�:,.a��:--
<br /> . - Property,and(c)P�iu for insurance mquired under paragraph g. In z::g�ear in which the I�er must pay a � .,°— __ -- -
<br /> mortgage insnranoe F�sium to the S�cretary of Housing�d Urban Deve'.�,v.�t("Secretary"),or in any year in ':�_•` . ;.` ::=�
<br /> .;, which sir.�pzemium would have bee�n�quixed if I.ender st�71�,yd the Sec�*��Iasnumenb eacL montiily payment � r. �_ =-
<br /> i' ` shall al�e�i�:iude either:(i)a sum fa��e annual mortg�ge ins�u�rr�premium to be paid by Lender to the Secretary,
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<br /> r or fii)a�.�ur.�ly charge instead of a mortgage insuiar�e preatiu�L thIs Sewrity Iasavment is held by the Secretary, �t.y:�• ,�,o�;���� --
<br /> + .. in a rea�onabie amo�mt to be determined by the�:etary. Except for the monrhly charge by the S�c_r,these 5.,,�.r,;.----___- .—__ T-
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<br /> �_ items aze called"Escmw Items"�d the svms p2id ta Ixader are called"Ecctow Funds.' , . _$',:
<br />. Lea3�z may, at auy time.wllect and hold amounts for Escrmw Items in an aggregate amount not to exceed the _ � "
<br /> maximum amount thu may be required for Borrower's escrocr su:�nnt uader the Real Fstate Settlement Procednres .�',~, -�'...�_
<br /> Act of 1974, 12 U.S.C. Section 2601 et seg. and imylemend�� -egulations, 24 CFR Part 3500, as they may ir� �� ,
<br /> � amended&om dme to time('RESPA"), except that ttee cush:,e�ar reserve permitted by ItESFA for unandcipated .. r_,,..; ,,,. . . � ��•�
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<br /> disbu:sements or disbursements before the BoaowePs payments are available in the account may noi be based on �;,,,.±�;,�����,�-� J__...�
<br /> amouats due for the mortgage insuraace premium. "�`�`• .
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