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<br /> of Boraower's covenants and agreements under this Sean'itY Ins�u�ent and the Not�. For this putpose• Borrowu t � . . .. � .._.
<br /> irrevacably g�ants an d conv e y s t n t he Trustee.�n m�sq.w►1t►Power of sale.the follocving described proAectY(��� E , � . .
<br /> �L Counry.Nebraska:
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<br /> LOT FIVS (5) . IN BLOCKCN�O�y(9)N�RASRA �T'S ADDITION TO TFiE CITY ;. ` . � ,.
<br /> OF GRAND ISLl1ND. HALI. . ` �
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<br /> whiChhastheaddiesgof 1013 bTORTH GRSSN4TICH. GRAND ISLAND �,.+8+ ,,. . . _��
<br /> AddTCSS"): :;='�"�`'
<br /> j��y�a 66801 ',Z'.F Code) {"PlOpedty .M
<br /> vements nrnc or h�eaftcr erected on the property, and all easements, •;�_:��- .
<br /> 'I�Oi'iETHER WITH all the impro All L�cements and addition4 shall also be covered • _ . :"•�t=--�
<br /> appurtemnces and fawres now or hes�eaftez a�art of the propertY• �F , ` -
<br /> by ihis Seauity Instruraea�t All of the foregoing is refe�red ro w tt►i�Se�amrity Insuume�►t as the"Properc}+" N.�h�� �.
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<br /> � BORROVYER COVENAN'I'S that Borrower is l a w f u lly se i z e d of the estate heteby cnnveyed and has the right to ': :`�� , '
<br /> r giant an d conv e y t h e P r o p e T�Y�d that the Property is unencumbeted,excePt for�cumbrances of record.Borrower -.:`;�,� _ —
<br /> � waaants and w►�1 defend generally the 6tle W the Propeacy aSainst all claims and demands,su bject to any e n c u m b r a n c e s � :�� '� . _ - -
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<br /> , of record. � . ,�' .
<br /> THIS SFCLJRiT°Y INS'I'RUI�QENT combines unifa�wvenants for national use azed non-unifrnm covenants with �ti�: :;`�. ..
<br /> ns b dicaon tn consritute a imifa:m s-�aity insuument covering e�PmPe�'• 'X '} _
<br /> limited vari�lnio Y J� e� <r�e, �1�
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<br /> Borrower and Lender cove�►t and agree as foIIows: �•. ,--.
<br /> �-- �..
<br /> . UNIFpRMCOVENANTS. ' ---
<br /> ' 1.Pa�ment of Prindpa4 Interest and Late Chasge.Borrower shall PaY wh�a due the prmcipal of,azcd interest �_ .i :,. —
<br /> ht��, �a( —�__.
<br /> � on,the debt evidenced bY ihe Note and lare charges due under the Note.
<br /> . Z.Monthly Payment of Taxes.Insarance and OEher CLarges.Borrowe�sl►2;l include in each monthlY PaYmeat, �F�=..._._..
<br /> wgeth�with the princiPal and interest as set forth i�tha Note and any late charges.a sum for(a)taxes and speciai ,_ ' ��
<br /> ' asscssments levied or w 6e levied against tfte Prapeaty.@)leasehold p:��nents or�rovnd rents on the Pccperty,and(c) r�_,..��.-_�:
<br /> , premiums for insinance required undet paragtapb 4. In any Yea*in which the Lendea must pay a mortgage insu�ance '�_„�,_.
<br /> .� �'..�z--�--�-�-- --
<br /> premiu�n to the Seaetary of I�ousing and UPoan Development("Secretary"),or in any year in wttich sucd premium "'""
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<br /> aould I�ave beeri reclused if Lender still held the Security Insuumenb each monthly payment shall also include either:(i) __ : _:` _'_
<br /> nm to be paid by Lender tn the Secretary,or(u)a montt�ty charge�stead ��---
<br /> � '. a sum for the annual mortgage insurance premi �'=�---�"--__ -- -
<br /> of a mottgage insu�►ce plemium if this Securit5► Instrnment is held by the SecretarY.in a reasanable amoimt to be ''�F�fi�'
<br /> detcamined by the Secretary• F��Pi for the monthly charge by the Secretary.these items are called"Escrow Items"and _•_ • -
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<br /> the sums paid tn l.ender are cal3ed"Esaow Funds." amount not to exceed the ; ',-.----- ,.,
<br /> I.ender maY�at any time.collect and hold amaunts for Escrow It,ems in an aggregate ;;�-j.-:�:
<br /> � ma�cimwn amount tt�at may be reci�for Bonower's escrow account under the Real Estate Scttlement Procedures Act `�,��,�;.
<br /> ' of 1974, 12 U.S.C.Secdon 2601 et seq.and implementing regulations.24b��for nnanuceipated disbursements .�"�`�'=
<br /> from wne tn dme("RESPA").excePt that the cushion or reseave penn'sucd Y '.f�i����,�e�s:,.
<br /> or disb�usements before the Bormwer's payments are available in the account may not be based on amounts�r:e for the �:���` : .
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<br /> mortgage insurance prenriu.'n. '�,�� �;�:�� -
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