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<br /> ,� ' of Borrower's covenants and agreements under this Serauity Instniment and the'Note. For this purpose. arnawer , ,
<br /> � . � irrevocably gtanu and canveys to the Tcustee.in m�st, with power of sale. the following descn�bed pmpeny locaced � .
<br /> � ` .:�,.� � Hal l Counry.Nebraska: ,; ''.
<br /> � .
<br /> '�� � ' Lot Five (5) and the West One-Half (Wl/2) of Lot Four (4), Block Fourteen (14), f,'�. .
<br /> ° . Boggs and Hills Addition to the City of 6rartd Island, Hall Coenty, Nebraska. . „
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<br /> • ��� whieh bas the aedress of 1917 4lest lOth Street,Grand I sl and tsacee�.em�, �_��-
<br /> ': - � � `�; Nebraska 68803 [Z+p coael ('Property Addsess"):
<br /> �' , .� ;
<br /> � . �� TOGETHER W1TH all the improvements now or hereafter erec[ed on the pmperty. aad all easements, Y.����=:::�
<br /> � � ` ` appiutenanzes snd fixtures now or hereafter a part of the ProP�Y• All replacements and addittons sl�all aLso be �.ti,.,,., ��. �;�'`
<br /> 5 ' ,` ~.`' covered by this Security Insttume�.AU of the foregoing is referred to in this Security instruuaent as the°Property° s �
<br /> �� i BORROWER COVENANTS that Botmwes is lawfiilly seized of the estate hereby conveyed an8 has the right to ' r ,�
<br />,:: t.: � ;;":�;:;,, ::. grant and convey the Properry and that the Property is unencumbered.excePt for encumbrances of record.Bonower � � � =
<br /> aU claims and demands, subject to any ; `,, ,;:;.,,,::r. ----
<br /> • warrants and w�11 defead generally �he ade to the Properry against , --..
<br /> `••� .. � eacumbrances of recond. . ��!
<br /> `: ��'�;G
<br /> ' ` THIS SECURITX WSTRIJMENi' combines unsform covenants for national use and non-unifosm covenants =,._
<br /> Y l tY S P P�Y- . =n.--
<br /> .f � : . . .; with limited variadons b urlsdiction to consdtute a uniform securi instrument coverin real ro ._ __
<br /> � � "� Borrower and Lender covenant and agree as foltows: ' • .
<br />" • . ` UNIFORM COVENANTS. � . , w�.�'
<br /> :;,`�,_
<br /> . , ••;� . , Y: •
<br /> ' . � '}� 1. Pgymcat of Prindpal, Interest and Late Charge. Borrower shaU pay when due the princlpal of, and � , .�. . : �' �;.��-
<br /> z' , ' �� � interest on,the debt evldenced by the Note and late charges due under the Note. � �
<br /> - ' � ' 2. Mont6ly P�ymeat of Taxes, Iasurance snd Otder Charges. Borrower shall include in each monthIy . _
<br /> . ,':�� ax . ,�.
<br /> payment,together with the principal and interest a�set forth in the Note and anp late chazges,a sum for(a)taxes and
<br /> ,: . �� special assrssments levied or to be levied against the Property. (b) teasehold payments or ground rents oa the. ., .. .—�
<br /> Propeny,aud(c)Premium4 for ituurance required under ParagraPh 4. In any year ia which the Lender must pay a . . .:;:
<br /> : . mortgage inswance premium to the Secretary of Hausing and Urban Development("5ecrecasy+"), or in ffi►Y Y�� � ��•���_
<br /> wluch such premium would have been required if Lender still held the Security Instrument, each monthly payment . .
<br /> - shall�lso include either:(i)a sum for the annual mortgage insurance premiwn to be paid by Lender to the Secretary,
<br /> or(ii)a monthly chazge instead of a morcgage insurance premium if this Security Instrument is hel r by tDe Secretary. � � � ,
<br /> �a.';. ' � in a reasonabte amount to be determined by the Secretary. Except for the monthly charge by the Secretary,these :..�..�•.• .
<br /> .. ,�.,. ., •
<br /> � , items aze called'Escrow Items"and the sums paid to Lender are called"Fscrow Funds." '''�`� �
<br /> � � •• Lender may. at any time.collect and hold amounu for Escrow Items in an aggregate amount not to exceed the ��
<br /> - � '�� ma�cimum amount that may be required fes Bonower's escrow account nnder the Real Estate Seulement Procedures '
<br /> Act of 1974, 12 U.S.C. Section 2601 et seg. and implementing re�:lations, 24 CFR Part 3��, as they may be
<br /> � � amended from time to time ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated .
<br /> � ' disbursements or disbursements before the Borrower's paymenu are available in the account may not be based on • . �> '.
<br /> ''' amounu dne for the mortgage insurance premium. ��`, . •
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