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<br /> � of Borrower's covenants and agreements under this Security Insuumant and the Note. For this pucpose, Bortower •• • �'�_
<br /> '.,� irrevocably�ntc and conveys to the Trustee, in[rust,with power of sale,the following described pmperty located . . _
<br /> ,� , in HALL Coanry,N�braska: . ,
<br /> � L6T SIX (6), IN BLOCK FIVE (5), WIEBE'S ADDITION TO THE CITY OF GRAND ISLAND, , . •_
<br />=-_ ' HALL COUldTY, NEBRRSKA � . -
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<br /> -hi.h ha9 d.•addnss of 616 W JOHN STREET,GRAND ISLAND �s��,ctcyl, . °"�"°'�"_Y-
<br /> Nebtaska 68801 (zip coael ('Property Address'): �'v
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<br /> : TpGE'I�iEdt WITH all the improvemenu naw or hereafter ereaed on the property, and all easemtuts, � -�_
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<br /> , appurtenaaces and futures now or hereafter a part of the pmpeny. All replacements and additions shall also be � � ;;�-`':
<br /> . covered by this Securlty Insaument.All of the foregoing is refernd to in this Security Instrument as the'Property." _.. __ �
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<br /> BORROWEtt COVENANTS that Bo�sower is lawfiilly seized of ihe estate hereby coaveyed and has the right to ..
<br /> gr�t aad convey the Property and tLat the Property is unencumbered,exvept for encumbrances of record.Bflrrower ' : .�. •�`.. �.'w'
<br /> ` warraats and will defead generally the ade to the Property against all claims and demands. subject to any ` � -
<br /> ' encambrances of record. '�
<br /> 'I'HIS SECURITY INSTRUMENT combines uniforin covenants for national use and non-uniform wvenants
<br /> . with limited variation�by jurisdiction to o¢��iute a wvfarm sccurity instcument mveriag real proPQn3'• -.- -- - -
<br /> Borrower and Lender covenant and a�a;.as foAows: �.� �,`''
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<br /> � UMFORM COVENANTS. :``:�. F, .
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<br /> 1. P�ymen4 ot Prindpal, Iaterest and Late Cimige. Bonower shall pay when due the priacipal oft, �d ,��! _ iE ;:
<br /> � interest on,the debi evidenced by the Note and late charges due under the Note. �� � +'
<br /> ` 2. 1lqoathty Poymeat of Taxe9, Ia-smance and Other Charges. �orruwer sLall include in eacJ� monthly '�:� � .'
<br /> . .�.. _ - ,,� :..-
<br /> payment,wgether cvlth the psi�cipal and interest as set far�Ei in the Note and any late charges.a sum for(a)taices-�d -�--�
<br /> s�e,cial assessments levied or to be levied against the L�nperty, (b) leasehold paymeats ar ground rents c�che _��= :,•.-��'
<br /> Property.aad(c)Premiums for insurance required uader paragcaph 4. In any year in which ihe I.ender mus3 Fay a � -..�+:g�'r,. _
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<br /> � mortgage insu�na prtminm to the Secxet.�y of Hovsing aad U:ban Development( Seccetary ). or in aay year in �:*�A,
<br /> which such premium would have been re��ired if Lender still held the Sea�eity Instrument,each monthly payment y�-��---'Q�_-_
<br /> �all also include eIther.(i)a sum for the annual mort�ag�insurance premium tu be paid by LEnder to the Secs�►, '� -,.-� —____
<br /> or(ii)a montiily charge instead of a mortgage in��*�s=Fy-�mium if this Security Inst�ument is Lald by the Secretary. �:�,�Y � 11`—=;�i
<br /> in a reasonable amount w be determined by the Secretary. Except far the manthly cbarge by the Secretary. these .,;�L�,;�,��..-_��- ,
<br /> � items are called'Esctaw Items'and the sums paid to Lewder are called'Escrow Funds.' '. .�`.:.�-.�;s,•x=;,;,�::
<br /> � I.ender may,ai a�►time,collect aad hold amaunta for Fscrow Items in an aggregate amonnt noi to exceed the -- �g-; ,'�
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<br /> . � u�axiffium am�unt that may be required for Borrower's escrow account uader the Real Estate Settlement Froctdure� ��
<br /> � Act of 1974, 12 U.S.C. Section 2601 et seg. and implemeating regulations. 24 CFR Part 3500.as they �y be ''��:.
<br /> . amended from time to time("RESPA'). except that the cushlon or reserve permitted by RESPA for una:.�pated f;.��a�. '.. ...
<br /> �. disbutsementa or disbucsements before We Boaower's payments are availab2e in the account may not be based on `�°�"'�',��'
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<br /> asnouats due fos the mortgage insurance premium. ��`� ..:.:
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