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<br /> ` 98-��.js�s2 .
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<br /> ••-^� of Borrowcr's covenants and agrecmcnts undcr this Sccurity Instrumcnt and ihc Notc. For this purposc, Borrowcr _
<br /> . •*, I irrevocably granis and convcys to thc Trustce,in trust, with powcr of salc,the following dcscribed property located in -
<br /> Hp,I,L County,Ncbraskn: '�'�;��'
<br /> LOT FIVE (5) , IN SLOCK TWENTY-TWO (22) , IN RUSSEL WHEELER'S ADDITION . � —°
<br /> � TO THE CITY OF CaRAND ISLAND, HALL COUNTY, NEBRASKA • `�,r�.;i:_�=
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<br /> � which has the address of 623 WE3T i1TH, C3RAND ISLAND (S�rocc,ciry�, -
<br /> Ncbraska 6 s e o i [zip coac� ("Property Address"); _
<br /> �, TOC,fiTE�R WITH all the improvements now or hercaftcr erected on the property, and all casements, ,::: �
<br /> appurtensatces and fixdues now or hereafter a part of the property.All replacements and additions shaU also be covered :.,
<br /> by this Securiry InsuumenG All of the foregoing is refcaed to in this Security Instrument as the"Property." ��°�
<br /> � BORROWER COVENANT'S that Borrower is lawfully seized of the cstate hcreby conveycd and has the dght to _— -
<br /> - - � gnu�t ar�d u,ayay ihe Fra�ty and that ttte Progert;is ssnen�um�red,exc�p� f�r encumbrances of record.Borrower '_-�=- _
<br /> warrants and will defend generally the tide to the Property against all claIms and demands,subject to any encumbrances ��_•��;—
<br /> � of record. - -"—
<br /> • =�:,as.:
<br /> ,.. TEIIS SECURITY INSTRUMENT combines uniform covcnants for naaonal use and non-nniform covenants with �._
<br /> limited variations by jurisdiction to constiWte a uniform security instrument covering real property. ��-
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<br /> �• Borrower and Lcnder covenant and agrec es follows: ; �'
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<br /> �•• UNIFORM COVENANTS.
<br /> �. -
<br /> y• 1.Payment ot Principal,Interest and Late C6arge.Bonower shall pay when due the principal of,and interest _—
<br /> �� on,the debt evidenced by the Note and late charges due under thc Note. _
<br /> 3• 2.Monthly Payment o!Taxes,Insurance pnd Other Charges.Borrower shall include in each monthly payment,
<br /> togethar with the principal and interest as set forth in the Note and any late charges,a sum for(a)taxes and special �_
<br /> � ,y assessments levied or to bc levied against the Property,(b)leasehold payments or ground rents on thc Property,and(c) �_
<br /> ' premiums for insurance mquireti under pazugraph 4. In any year in which the Lender must pay a mortgage insurance
<br /> �• i premium to the Secretary of Housing and Urban Development ("Secretary").or in eny year in which such premium ��`�-
<br /> would have been required if Lender sdll held the Security Insttument,each monthly payment shall a�so include either.(i)
<br /> ' �� a sum for the annual mortgage ins�rance premium to bci paid by L.ender to the Secretary,or(u)a monthly chatge instead -=��_�
<br /> ' of a mortgage insurance premium if this Security Instrument is held by the Secretary, in a reasonable amount to be :
<br /> deu:rmined by the Secretary. Except for the monthly charge by the Secretary,these items are caUed"Fscrow Items"and ._��:.�
<br /> thc sums paid to Lender are caUed"Escrow Funds." �
<br /> ' Lender may,at any ume,collect and hold nmounts for Escrow Items in an aggresate amount not to excced the �^:'
<br /> � maximum amount that may be required for Borrower's escrow account under the Real Estate Seulement Proccdures Hct
<br /> ' of 1974, 12 U.S.C.Secdon 2601 et seq.and implementing regulauons,24 CFR Part 3500,as they may be amended � ` • � ::`�.
<br /> from time to time("RESPA"),except that the cushion or reserve permitted by RESPA for unanticipated disbursemenis ":t:: '` ` "
<br /> or disbursements before the Borcower's payments are available in ihe account may not be based on amounts due for the ��� .._ � +�-. ��
<br /> mo�gagc insurancc prcmium. , �.'��`'"�`'
<br /> �•4R(NE)198ost.o� Page 2 0�e imuaia�_� '
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