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<br /> of Bonower's covenants end egreements under this Securi�y Instrunnent end Uic Nate. For this puipase, Barrower __; ._
<br /> irrevocably gmnts and conveys to the Trustee,in trust,with power of sale.the follawing described property located in :�,�
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<br /> HpI,L County,Nebraska: . -}- :
<br /> LOT 3EVEN (7), IN BLOCIL ELEVEN (11), IN ASHTON PLACE, AN ADDITION TO . ' --
<br /> THE CITY OF (3RAND I9LAND, HALL COUNTY, NEBRASKA ..'•`,'�"�,'--
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<br /> which has the address of 2501 WEST DIVISION, (3R.AND ISL}1ND [Strcet,City], '
<br /> Nebreslce 68803 (Zipcoeel (��ProPeatYAddress"); �y _
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<br /> 'POdgTHHR WITH all the improvements now or hereafter erected on the property, and aU easements, :�:� ��°'�—'
<br /> aPpurtenances and fixhires now or hereafter a part of the property.R�ll nplacements and ndditions shall �also ba covered ,.�,
<br /> by this Seciuity Inshumen�All of the foregoing is referred co iu this Security lnstrument aa the"Property. +� .
<br /> � BORROWER COVHNAN'T5 that Borrower is Iawtully seized of the estate hereby convey�d and has the right to �
<br /> grant and convey the Property and that the Prope�ty is unencumbered,eacept for encumbmnces of recard. Borrower �?;�
<br /> wnn�anu and will defend Aenecally the dtle to the Property egainst all cleims end demands,subject w eny encumbrances �.
<br /> of record. ' _-
<br /> THIS SECURITY IN�TRUMENT combines unlfonn covenants for national use and non-uniform covenants with ,�.:
<br /> Wnited varladons by jurisdiction to consHtute a unifoim sc�curiry lnstrument covering real property �� '�.
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<br />• � Borrower and I.ender covenant and agrce as follows: -
<br />- UNIFORM COVSNAN'f5. � _
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<br />• 1.Payment ot Princip�l,Interess and Lote Charga Bomower shell pay when due the principal of,a�d interest
<br /> "' ' on.the debt evidenced by the Note and lau chnrges due under U�e Note. �_
<br />_� 2.Monthly Pwy�ent of Taaes,Insurance nnd Ot6er Charges.Borrower shall lnclude in each monthly payment, �•_
<br /> �' � togethu with the principal and interest as set forth in tha Note and any lace charges,a sum for(a)taaes and speclal `r��°
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<br />- � assessments lavled or to be levied against the Property.(b)leasehold paynecnts or ground rents on the Property,end(c)
<br />_ - preaniums for insurnnce roquired►mde�'Pa�ggraPh 4. In eny year ln which the Lender must pay a moRtgage Insurance �'
<br />�'��-` +'� prcmium to the Seaetary of Housi��g and Urban Development("Secntary"),or in eny year in which such pre�nium E'-=—
<br /> �� would have been required if Lender still held the Security Instiument,each monthly payment shull also includa either:(i) �;-
<br /> -- --- g���f�.rh�annnal mc►rtgage insutance ptemium to be patd by Lender W thC Sec[etaty,or(ii)a monthly charge inst�ead � _
<br /> . . af a mortgage insura�ca premium if this Security Instrument is held by th�Secretary,in a masonable arnonnt w be � _
<br /> , � detuminod by the Secretary. ExcePt for the manthly charge by the Secretary.these itcros ere callod"Fscrow Items"and �
<br /> - the sums paid W Lender are ca(led"Ssctow Funds.° '':-.
<br /> V� '�"'` I,ender may.et any ame, collect and hold amaunts for Bscrow Items in an aggcegate amount not W exa�ed the ��
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<br /> .,�.;-.:" maaimum amount that may be required for IIorrower's escrow account unde,r the Real Bstate Scttlemcnt Procedures Act �
<br />—` `'"' � of 1974� 12 U.S.C.Secdon 2601 et seq.and implementing�eguladons,?A CFR Pctrt 3500,as they may be amcnded --
<br /> - f"�.'� from dmo co time("RFSPA"),eacept that the cushion or rese�ve pe�miued by 1tESPA for unanticipated disbursemenss _
<br /> �� or dlsbursements befoc►:the Borrower's payments ere availabk in the account may not be based on amounts due for the -____ -
<br /> — � mortgage insurance premium. °--------- —-
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