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<br /> of Bonov�rer's ccsvenants and agreemeau under thi�Security Instrument and t1rK Note. Far this purpose. Borrower � � : . '` � -
<br />�. irrevacably grants and convegs to the Trustee, in trwt, with power of sale, the followiag desc:ribed property located � - •
<br />-- in aALL Counry.Nebraska: � '
<br /> ' - — - -- -
<br />' LOT BIPTEF,D4 (15), VILL7� MAR D$E SUSDIVISIOId. ' : .
<br /> t3RAA1D ZSLAND. HALL COIINfiY. tiSHItA9RA. � °• � ., �
<br /> • ��- , . ,- .��_-..-:
<br /> ` �.. ..:�:�,�;
<br /> *SLE AIlJQSTABLB RATS AZDBR � '-
<br />� THZS IS A PDRCHR88 MONLY SBCQRITSI INSTRIID�NiT. _:-_,`_ ?�_
<br /> :. ;.-
<br />, TA8 STATED�7TS SHOIILD B8 38NT TOs NOR�PSST MORTC�At3B IN�.. P.O. BOE � -.�_�Y" �
<br /> 5137, D88 BSOIDtEB. IA 503065137 `��--�``—
<br /> . , ��
<br /> .. 205 tTZLY.A MAPt DBf3. (iRADiD I3LAND [SUee4�tYl, . . -���
<br /> which bas the address of `--;. ' _.-..;__
<br /> . Nelsmska 68801 [ZiP Codel ("�I�nY Address"); : -�; - ;
<br /> • ��.�--=.
<br /> TOGETHER VVITH aU the improvements now or hereafter erECtetl on the propercy. and all easements. w�---�-�y�"'r"'"'-"�"`°''
<br /> ..�:.—
<br /> apPurtenances and fixtures now or hereafter a part af the pmperty. Alt replacements and additions st�all atso be Y.. �
<br /> . covered by this Sec�rity Insuament Atl of the foregoing is referred to in dris Security Inspniment as the"Praperty." ,.. • • ,.
<br /> +i�F... ,_ ,.^"-'�. ,
<br /> - BORROWER COVENANTS d�at Bomower is lawCuUy seized of the estate hereby comeyed aatl has the right to Y�_, .�,-- �.;;�:,;_ .
<br /> grani and comey the Property and that the Pcoperty is unencambe�ed.excePt for encumbrances of record. Borrower - -
<br /> � warrants and arill defend generally the tide to the Property against all claims and demands, subject to any �':..' 7 :: . `
<br /> - eIICURtIbldriCes ef tECOTd. •r�'���
<br /> TFIIS SE�zJRiTY INSTRUMENT combines aniform wvena� for nadonal use and nnn�iform covenants � � - .
<br /> :�r'��a�:�,.
<br /> ' with limited variadons by juiisdicdon to constitute a uniform secUrity instrument covering real pr��erty. ,.;,;.�.,�s
<br /> . "•-r'�: �• �,-�' , _
<br /> ' Borrower and Lender covenant and agrece as follows:
<br /> � •.. .#t ��
<br /> UIJIFORM COVENANTS. : • •• . .� � ..
<br /> ' 1. Paymiz�nt of Principal, Interest and Late Charge. Borro��r shall pay ahen due the principal of, and =� '.' �r>> � �
<br /> 4••
<br /> interest on,the debt evidenced bq the Note and late charges due un.der the Note. ��'� ---
<br /> 2. Monthiy Paymeent of Tases, Insm'ance and Other Chargcg. Borrower shall include in each monthly - �i=
<br /> payment.wgether with the principal and interest as set forth in the Note and any late charges.a sum for(a)taxes and •_:�_ .
<br /> speci�l assess��ts levied or to be levied a ainsc the Pro leasehold a ents or und rents an the - --_ �`°"�'.
<br /> g penY, (b? P Ym Si0 ����.
<br /> Property,and C�)Premiums for insviance required under paragraph 4. In any year in which the Lender mast pay a =-- •�-
<br /> , mortgage imsurance premi�m to the Secretary of Housing and Urban Development("Secretary"),or in any year in
<br /> cv�:ich such p�wm3:�have been requirecl if Lender stiU held the Secarity Insutmment, each monthIy payment - - '•_-__,"_
<br /> s:�all also include either. (i)a sum for the anmial mortgz.�e insutance premium to be paid by Lender to 4he Secretary, �;__ _
<br /> or �i a monstily charge instead of a mortgage incg+��premium if this Sec.vriry Instrument is held by the Secretary. "`�_'��`-
<br /> �••� �,��.-��
<br /> in a reasonable amount to be determined bq the Secretary. Except for the monthly charge by tbe Se�retary, these �� _ -
<br /> items are called"Bscrow.Items"and the sums paid to Lender are called"Escrow Punds." , „��
<br /> , Lender may,at any time. wllect and hold amouess for Escrow Items in an aggregace amount not to exceed the .�---- _ �
<br /> . m�imnm araount t1�at may be reqaired for Borrowei s escrow acconnt under the Real Estate Seulement Pro c e�iures �g �';.:
<br /> -- , �!�+l�!*:,i.a.: .
<br /> Act of 1974. 12 U.S.C. Section 2601 et seq. and implemendng reguladons, 24 CFR Part 3500, as they may be }��*-""��-=:_�:.-,,,�.-r
<br /> ''fl� '.�: ���.�...,:.?�h•.'
<br /> ' amended from time to time("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated _
<br /> • � disbursements or disbucsements before ihe Borrower's payments a�e available im the account may not be based on ._Y � ��,��.�
<br /> � amonnts due for the mortgage insurance premium• '�''.._ '�`'`�
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