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<br /> ". . ` f y--' of,Borrower's covenauts and agrcements under this Securiry Instrument aud the Note. For this purpose, Boaower �
<br /> `�. -. '`".� • irrevocably grants and conveys to the Tiustee, in trust,with power of sale, the following described prope�ty located -. .
<br /> �'`-'t`;=.:=,- � HI1LL Connry.Nebraska: ;. < < -
<br /> �� f �- . L�T SEVEN (7), BLOCK FIFTEEN (15), UNIVERSITY PLACE, GRANO �SLAND, HALL COUNTY,
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<br /> ' �� which has the address of 2120 NORTH HOWARD AVENUE,GRAND ISLAND Isu��,c�cy�, •� ' -
<br />�:;��:a'' Neb�aska 68803 IZ�P Code� ('Property Address"): � . �; ' —
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<br /> � � TOGETFIEIi W1TH all the impmvements now or hereafter erected on the properry, and all easements.
<br /> ` '� appurtenances and fixhues now or hereafter a part of the property. All replacemenu and additions shall also be ' � �-
<br /> ��, '. . . .' ,� . covered by tbis Security Instiument.All of the forcgoing is referred w in this Security Insdumeat as the"Property.' ' � _
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<br />�`��'. .. " . BORROWER COVENANTS that Borrower is lawfally seized of the estate hereby conveyed and has the right to - . ° � _-
<br /> � " � grant aad wnvey the Properry and tbat the Property is unencum6ered,except for encumbrances of record.Borrower • •• 4 "� _
<br /> �` , warrams �d w11 defead generally the ride to the Property against all claims aad demands, subject to any � . _
<br /> �'� . ` encumbrances of record. -—
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<br /> '�;` ' ' � THIS SECURiTY INSTRUMENT combines uniform coveaaats for nationai use aad non-uniform covenauu • "''��'.:.:
<br /> �' • with limited variations lby jurisdiction to constitate a uniform security instruaaent covering real property. �• _
<br /> 4.. . . : . Boirower and Lender coveaant aad agree as foltows: , . , �-
<br /> ���• ,
<br />'2ti;� . ,. UN�ORM COVENANTS. . -_
<br /> �; _:_ . -- ----- . .-
<br /> l. Pepment oY Principal, Interest and Late Cha�ge. Bonower shall pay when due the principal of, and � �` �`�;_
<br /> ' interest on,the debt evidenced by We Note and late charges due under the Note. ' '� .
<br /> � 2. 14dontWy &`ayment of Taxes, Insuiance and Other C6arges. Borrower shall include in each monchty � , . ��
<br /> ;��..,� . . • � paymeat,together with the principal and interest as se[fonh ia che Note and any late charges,a sum for(a)taxes and �� ;' �"�"
<br /> ;.�•�;:� � special assessmenis levied or to be tevied against the Property, (b) teasehotd paymenu or ground rents on the .';�`"" �>---
<br /> �; ';. • Property.and(c)premiuma for insurance required under paragraph 4. In any year in which the Lender must pay a ��•�f•� _-=
<br /> i���- . mortgage ins�raace premium to 1he Secretary of Housing aad Urbaa Development("Secretary'). or in an �
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