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<br /> ,,,,,;,,�,r�++F' of Borrower'g covenants and agreements under this Security Instrument and the Note. For this purpose,Bonower __
<br /> �� ,.,�„�..►.=++�1� irrevocably grants and conveys to the Trustee, in trust,with power of sale, the following described property located
<br /> � • in HALL County,Nebra.�ka:
<br /> L07S THREE (3j ANQ FOUR (4), BLOCK FIVE (5), IP� THE FOURTH AODITION TO THE
<br /> VILLAGE OF CAIRO, HALL COUNTY, NEBRASKA.
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<br /> ' :�. which has the address of 506 SOUTH SUEZ STRE ET, CAI RO Isn�ec.c�tyJ,
<br /> Nebraska 68824 Izipcodc� ("Property Address");
<br /> �, TOGETHER WITH all the improvemepts naw or hereafter erected on the property, and all easements,
<br /> , appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br /> � ` covered by this Securlty Instrument.All of the foregoing is refened to in this Securiry Ins[rument as the"Property."
<br /> � BORROWER COVENANTS that Bonower is lawfully seized of the estate hereby conveyed and has�he right to
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<br />--- - - �;, grant and convey the Properiy a��d d�at ttie Frop2rty is uncncumhcrcd,cxcept For cr.csmbrasices of recor�.Borrower .
<br /> warrants and will defend generally the titie to the Property against all claIms and demands, subjat to any
<br /> encumbrances of record.
<br /> THIS SBCURITY INSTRUMENT combines uniform covenants for national use and non-uniforrn covenants
<br /> with limited varlations by judsdictton to constitute a uniform security instrument covering real properry. _
<br /> ° . Barrower and Len�er covenant and agree as follows: �
<br /> ' UNIFORM COVENANTS. -
<br />, � , 1. Payment of Pr(nctpal, Interest and I.Ate Cherge. Borrowcr shall pay when duc the principal of, and �
<br /> • interest on,the debt evidcnccd by the I�ote and latc charses due under die Notc. _
<br /> - � 2. Monthly Payment ot Taxes. Insurance smd Other Charges. Borrower shall include in each monthly
<br /> : ,. ,� " . payment.together with the principal and intcrest as se[fonh in thc Note and any late charges.a sum for (n)taxes and _
<br /> .. . apecial assessments levied or to be levied against the Property, (b) lcasehold payments or ground rents on thc =.
<br /> " Property,and(c) premiums for insurance required under paragrapli 4. In any year in which�he L,ender must pay a �_ _.
<br /> mortgage insurance premium ro the Secretary of Houstng and Urban Development("Secretary"), or in any yeaz in -
<br />_ which such pmmium would have been required if I.ender still held the Security Instrument. cach monthly payment —�:
<br /> � sh:ill also[uclude either:(i) a sum for the annual mongage insurance premium to be paid by L.ender to the Secretary, �'' _
<br />"- ��• or (ii)a monthly r,harge instead of a mortga�e insurance premium if this Security Instrument is held by the Secretary, --
<br /> • in a reasonable amount to be determined by the Secretary. Exeept for thc month:y charge by the Secreiary, these �-:
<br />� items ure called"Escrow Items'and the sums paid to Lender are called"Escrow Funda." �'"�
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<br /> _ Lender may. at any time,collect and hold amounts(or Escrow ]tems in un aggregAte amount no[to exceui the �
<br /> maximum amount that may bc requircd for Bonower's escrow account under the Real Estate Scttlemcnt Procedures ••
<br /> Act of 1974, 12 U.S.C. Scction 2601 et seq. and implcmenting rcgulations, 24 CFR Part 3500, as they may bc: �iF:,,.
<br />� I amendcd from time to time ('RESPA"), except that thc cushion or rescrvc permiucd by RESPA for unanticipated ;;�;;
<br /> � disbursements or disburscments before the Borrower's payrncnts are nvailablc in the account may not be based on
<br />— I amounts duc for thc mottgagc insurancc prcmium. �
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