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<br /> of Borrower's covenants aad agreements under this Security InsaumQnt and the Note. For this gurpose, Borrower -
<br /> `°`:F�T:-
<br />- irrzvoaabiy grants and conveys to the Trnstee, in tnut, with power of sale,the following describ C p��'N�� • ; • =�-�_
<br />'' ;� HALL :��",`�.
<br /> � LOTS 13 AND 14, SASS SUBDIVISIOf�, CITY OF GRAND ISLAND, HALL COUNTY, :� Y.-_= :
<br /> s NEBRASKA. J`���'�
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<br /> ,� wluchhastheadd►�sof3403 E SEEOLIS�� ��t?!.E ,GRAND ISLAND tsaa�.cicyl, ;,,�' 1�,�._ ':iT�
<br />,: � Nebraska 68801 tzi�coay (•Progcrt�c-�dress"); " ----a ,:,, :-
<br /> a�3 �.i+ easems*�ts, y � �'.-_�
<br /> :� TQC'sE1�3i �� a!t t�e impmvemenu now as 1�'.�.�er es�..��ed on the �r�ercy, .,_;.,
<br /> } aPP�'�oes and fiou�.�res �:� .•:hereafter a part of n�e;ar�'�tY• Allyreplaceme�aa�additions shall also �E _ _ -.
<br />; �1•� coverea b y 4bis Se�iip l,�.s.�-�-�t.All of the foregoumg�s�,:�:..d to in this Security Insnromeni as the"Property.° � 4� :
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<br /> B O R R O W fi R��D V E N A N T S t h a t B o r a a v��i s l a w f�9 y s�...z d of t".��•ate her e b y conveyed�1�the right w �_'�'r
<br /> grant ancl coLVey t�:Property�d*.hat the�is�ac�'�red,�csr�t for enc�3r�:r�mf xv�car,d.Bormwer -
<br /> sn'�'ect to `
<br /> warrs�ts and wt71 defend gc��ie.y the tit'.e to the ��a against a:l ciaims amfl �!.,�ds. 3 �3+ - �� #�,7�
<br /> • " : , �,�� ;
<br /> encnmhrances of record. . � �,,y .
<br /> unifo:m wvenaats for nasional use and noa-ttt�iform coveaants % 4�'� '" ��
<br />' TI�S SECURITY INST'RUMENT co�ab�s �:�,. :``'�•-_�_,�
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<br /> �:�,: arith limited varlations by jur�sdlcxlon w wnstitnte a uniform seauiry insuument covering real property. • . �?� � -
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<br /> Barmwer and Lender covenant and agree as follows: - . ,,;f;. � -
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<br /> IIMFORMCOVENANTS. ' - "`'�"�
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<br /> 1. Yayment oi Prindpal. Iateaest aad I.ate Chaige. Bortower ahaU pay when due the principal of, and :.���;.__
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<br /> intenst oa.the debt evldenced by the Note and late charges due under the Note. : �-�,-;., . ..;:�s_.__.
<br /> 2. Monthly Pgymeat o!Taxes. Insusance aad Other C1�rBe9. Borrower shall iaclude ia each mnathly �� ,-_
<br />� payment,together with the princIpal and interesi as set foitb in the Note and any laze charges.a sum for(a)taxes aad ' _._-�-�
<br />. special assessments levied or to be levied a�ainst the Property. (b) leasehold payments or ground rents on the �.;� -_.�- .
<br /> . progertyr�and(c)premiams for iasurance mquired nader paragaaph 4. 1a aay year ia whlch th$Lender must pay a �ee��=.:-:�•.
<br />: - martga,ge insnranoe premium to the Secretary of Housing and IIrban Development('Secr�tazy').or ia any year in ���°--.
<br /> wlush su�premium would have been required if I.ender stiU held the Securiry Iasc:ument.each monthly payment �-�:_:�•'° �,��
<br /> sba]3 atso include either:(i)a sum for the anaual mortgage insuraace premium w be paid by Lender to the Secretary. �- _ __--
<br /> .,.'.�� or(li)a monthly charge instead of a mortgage�n��*�++�premium if ihis Sec�rlty Insunment is held by the Secretary, -- — -•-
<br /> � in a reasonable amount to be determined by the Secretary. Except for the monUily charge hy the Secretaay+.these �_.__
<br /> itemg a�called'Bscrow Itema"aud the sums paid to Lender are called'Fscmw Funds." •.:-•�:;-'•,
<br /> Lender may�at any time,collect an�hold amounts for Escrow Items in aa aggregate amouat not to excad the '�'�
<br /> �um amouat that may be raquired for Borrower's escmw aceount under the Real Estate 5ettlement Procalures
<br /> Act of 1974. 12 IJ.S.C. Seetien?.601 a seq. and implementing regulaaons, 24 CFR Part 3500, as they may be
<br /> amended fmm time to time("RESPA'), exsept that the auhion or re��permitted by RESPA for uaanticipated -- : ��;� • :_
<br /> • disbunsemsnts or disbursemeats 1�efore the Borrower's payments are avai�le ia the a�ovat may not be base�on , ����.;�;..
<br /> a�avunts due for the mortgage�css�uance premium. '
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