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<br /> � . r of Barrawer's covenants and agreements under this Seciuity Inst�ument and ihe Note. For tlus Pwpose, Borrower � .
<br /> irrevocably granu and conveys to ths Tcustee,in trust,with powe�of sale,the foAowing dessxibed property located in .,
<br /> HALL County,Nebraska: • ' �.
<br /> LOT TPN (10), BLOCK SEVENTY FOIIR (74) IN WHEELBR & BENNETT'S THIRD . ,
<br /> - ADDITION TO THE CITY OF GRAND ISI,AND, HAIS, COUNTY, NEHRASRA , . ._ '
<br /> � � � •, -..��•'-
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<br /> which has the ad�s of 109 WE3T 14TS STR88T, GR1lND ISLAND [Sneet,Ciryl� . '���� `'=
<br /> � NebIasl[a 6 8 S 01 [7.ip Code� ("Pi0pedly Address"); � . �
<br /> � 'POGETE�R WITH all the improvements now or hereaft�r erected on the property, a�d all easemeats. , . �.�(�.
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<br /> � � appiutenances and fvcwres aow or hereafr�r a part af the property.All replacements and additions st�all also bs covered � `
<br /> " by this Seauity Tnsu�ment All of the foregoing is referred to in this Security In.sm�meat as the"Pinpercy." .'���T��.
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<br />. , . BORROWER COVENANfS that Borrower is lawfiilly seized of the estate heaeby conveyed and has the right tn t � _
<br /> gnat and convey the Property and Wat the Property is unencambemd,eacept for encumbrauces of record Borrowa . - ,;M�°;�`
<br /> . waaants and will defend generally the title w the Property against all claims and demands,subject to any encumbrances ,�.. ,,._-' "
<br /> of record. ll ":�T', ',�, -
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<br /> �_ THIS SECURITY INSTRiJMENT combines unifora►coveaants for national use and non-nniform covenants with � ,,,�,�, -
<br /> limited variarions by,{urisdiction to wnstiwte a uniform secarity insmunent cove�ing real propeny.
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<br /> � Borrowea and Lender covea�ant and agree as follows: •, .�� ,;� . ",
<br /> IJNIFORNi C��'E[VANTS. � i
<br /> ;�.
<br /> - 1.Payment of Prinapal,Interest and Late Charge.Bocrowea shall pay when due the principal of,and interest
<br /> � -
<br /> : � - an,the debt evidenced by the Note and late charges due under the Note. _ :�
<br /> . 2.Monthly Payment ot Taxes,Insarance and Other Ch ��"'
<br /> argcs.Borrower shall include in each montbly payment, ,:�r�
<br /> mgetbea with the principal and interest as set forth in the Note and any laie charges,a sum far(a)taxes and special �
<br /> � assessments Ievied or w be levied againsc the Property,(b)leasehold payments or groimd rents on tt�e Ptape�ty,and(c) •`�"=`"-*.-�--
<br /> � premaums for insurance required undea paragaph 4. In any year in wtuch the Lendet most pay a mortgage ins�uance �. -_.` _•----- �' '
<br /> p�em:r..m to the Secxetary of Housing and Urban Developme�t("Sec�retary"),or in any y�ar in which such premium _
<br /> ' wo�id have been requued if Lender saU held the Security Instrament,each monthly payme�t shaU aLso include either.(i) ��'��'
<br /> `�.�..;_=-_:_�.,.,.
<br /> , a smm fm the annaal mortgage�sivancx premium w be paid by Lender w the Secretary,or(ii)a montWy eharge instead — - --
<br /> of a mortgage ins�ance premium if this Security Instrument is held by the Secretary, in a reasonable amount w be "'�'?"��
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<br /> . determined by the Secretazy. Faccept for the monthly charge by the Secretary,these items a�e called"Escrow Items"and � •..�L��..--•
<br /> the sums paid to Lendea are called"F,s�row Funds." °--_. ... -- -
<br /> Lendea may.at any tirne,callect and hold amounts for Escrow Items in an aggregate amount not to eaceed thz . —.
<br /> maximum amount that may be reqnired for Borrower's escrow account under the Raa�ll Fstate Settlement Procediues Act ::�:�-�y�;.�_
<br />- of 19T4. 12 U.S.C.Secdon 2601 et seg.and implementing regulations,24 CFR Part 3500,as they may be amended .r,;�,��;.�;�;�r-
<br /> from dme to dme("RESPA").except that the cushion or reserve peamitted by RESPA for iu�anticipated disbursements ;�;�.,.;,. , , -
<br /> or disbursemenis before the Borrouer's payments are available in the accotmt may not be based on amounts due for the � �
<br /> �G��_:'. -
<br /> mortgage insurance premium. • �x�
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