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<br /> of Borrower's covenants and agreements under this Security Instrument and the Note. For this pucpase, Borrower , � 4 ` ,�..,
<br /> irrevocably grants and conveys to the Trustee. in uust�with puwer of sale, the foAowing described property located � ` �
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<br />'`��� � HALL County.Nebraska: - --- -.- - -
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<br />.' .� THE NORTHERLY 44 FEET OF LOT 8, BLOCK 133, UNIQN PI�CIFIC RAILI�AY COS SECOtiD '��� . " . � • • --
<br /> ADDITI�N, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br />• which has the address of$12 N VINE STREET,GRAND ISLAND �sr�r,ciryl, ���,.. "����"^ ��-�r�
<br /> Nebrdska 68801 tzip ccae) ("Rnpeny Address°); :.::�'�'�''"`�
<br /> TUGETHF.R WITH all the improvements now or hereafter erected on the p�perty, and all easements, '���� ` }� �•,�` `���.
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<br /> appurtenances and fixtums now or hereaftet a part of the pmperty. Ali replacements and additians shall also be :�,�,� _
<br /> �. covered by this Se�auity Insuument.All of the fo:egoing is referred to in this Secnrity Instmment as t�"ProPertY•" - �,,.,;;„��:..,;�r
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<br /> •��� BO R R O W E R C O V�N A N T S t h a t B o r r a w e r i s l a w f i il ly se i z e d o f t he e s t a t e he r e by c��vey e d a n d h a s t he d g ht to - - -..:;; . • `.'
<br /> ' grant and convey the Property a�that the Property is imeacumbered,except for en *+�,:. ces of record.Borrower "? ;:� '
<br /> , wanants and wIll defend ge��y the tide to the Pro�Erty against all claims �c1 demands, subject to any �- `=!; E
<br /> encumbrauces of record.
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<br /> THiS SECURITY INSfRITMENT combines uniform covenants fo7�ona1 ase and non-uniform covenaats �
<br /> _ arith limited variatlons by jurisdic�tion w constitute a uniform sPCUrity instroment wver;q�real property. ',i;(;
<br /> , �arrower and L,ender cover.�i and agree as follows: _i+i'; �,
<br /> .. -�- -
<br /> '(JNIFORM COVENANTS. `�.�_
<br /> � i. P�ymeat of Fr3ncipa9, Iuteres4 and Late Cbaige. Borrower shall pny wls�n due the principal o€. a,d --����_ •r; . }:,-
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<br /> i n t e�2 on,t he d e bt e v l d e n c e d b y t�e Note an d l a u charges due ander the Note. - -
<br /> � 2. Monthtq Ygymeat of M�xe9, Insurance aad Other Chazges. Borrower s�aU include in eac� monthly • =�"¢�;"'
<br /> • Payment,together aith the pria�ipal and interest as set fonh ia tke Note and airy late charges.a sum for(a)taxes and
<br /> . ' special assessmeass ievied or to be levied against the Property, (b) leasehold payments or grouad rents on the '•-�_,,�;:,,��,r�_:.:�-;,
<br /> Property, eIId(C)pr�mn�ma for insurtmre requlred under paragra�h 4. In any year In w4�ich the Leader must pay a . .. �',
<br />-> mortgage insuraace pr�,,minm to tJ�e Secretary of Housing and Utban Development('�esretary'),or in any year ir►
<br />;..,: : which snch premiam woutd hare been reyuired if Lender still held the Securlty Instmmant,each month}y paymrnt <::--�--'-r""�''"-�'� �
<br /> shall also incla8e eithes:(i)a sum for the annu�mortgage insurance premium m be paid by Lendes to the Socretary, _ ..._-
<br /> • or(i7 a monthly charge instead of a mortgage insurance premium lf this Secu:iry Insuument is held�y€he Secretar,r. - ., . •R---
<br /> ia a reasonable amount w be de:�railned by the Secretary. Except for the montbYy charge by tho Secretary, �uese . �,�.�:_�'�
<br />: � i.ems�called'Escrow Items"aad the snms paid to Lender are called"Pscrow Funds.' .;.�-'----- ,�,�.-
<br /> L.ender may,at arry time,wllect aad hold amounts for Fscrow Itema in an aggie,�,e amotmt not to exceed the • °""���
<br /> maximum amount that ma be ... .,�;_�: ;r�� �-
<br /> . Y �Nired for Borrower's escrow acoount under the Rea1 Fstate Settlement Praceduces :,:•ti ....�r�
<br /> Act of 1974, 12 U.S.C. S�ction 2601 et seq. and implementing regulations. 24 CFR Part 3500, as they may be ;.,':.,.��----i1==—=
<br />• amended from time to Wne("R�SPA"), eacept that the cushion or resen+e pem�r.zd Q�y RF.SpA for�anandcipated ';�� ��i
<br /> : dlsbursements or diabursements before the Borrower's paymsnts are ava3lable in t�E a�unt may not be based oa ;�:,�,,_ __
<br /> . amouats due for the mortgaga irasiazace premium. ,:•'-,` ---�:,.-�*-.�---_
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