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<br /> ' of Borrower s wveaants and agreements under thiS Secarity Instnunent and the Note. For this purpose, Borrower � • ,. � � --�`'
<br />_ irrevoably gcanu and conveys ta the Trustee,in imst, with poaer of sale,the following descn'bed property located in < < , ` _ —'
<br /> �,LL County.Nebraska: � . `• r
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<br /> LOT TEN (10) , BLOCK ELEVEN (11) , PACKER AND BARR'S ADDITION, CITY � ' � '
<br /> OF GRAND ISLAND, IiALL COUNTY, NEBRASKA '
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<br /> which has the address of 2022 WEST FOIIRTH, GRAND ZSLAND [Sueet,Ciry1, ` .': � •
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<br /> � Nebraska 68803 [ZipCodel ("ProPeatY Addtess'7; . ' ;• `"" ,,� ..
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<br /> `{ TOGETHER WITH all the impmvements now or hereafter e�ected on the pmperty, and aSl easements. , . ;_ �.,��.:���. -,..�'
<br /> 1 app�utenances and fixUUes now or haeafter a part of the property.All replacements and additions shall also be covered `f. •,�
<br /> �"► by this Security Iasuumeat All of the foregoing is refeared w in this Ser,�rity Insvument as the"Property" � ,'�s;.:
<br /> BORROWER C�OVENAIVTS that Bomower is lawfully seized of the estate hereby canveyed and has the right w �,�.�
<br /> ,� t an d w n v e t h e P r o a n d t h a t t h e P r o i s u n e n c u m b e r e x t f o r e a c u m b r a n c e s o f r e c o r d B o r r o w e r �... � �
<br /> 8� Y P�Y i�Y �• �P �-��,
<br /> w�rants and will defend generally the titte to the Property against all ctsims and demands,subject to any encumb:ances , • `
<br /> of record. �- :� ��v .
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<br /> THIS SECURITY INSTRUMENT combines unifom�covenants for national use and non-uniform covenants with �f'r".
<br /> limited variarions by jwrisdiction to consdwte a uniform security insuuinent coverumg real pmperty. . . • � -: � '' �
<br /> Bomower and Lender coveaant and agree as follows: � . ._ �'`• `
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<br /> Ul�lli'Vl�lYl{rOYGl�1t1lV1J. ,L r �j`�- �
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<br /> 1.Payment of Principal,Intemst and Late Charge.Sosrower shall pay when due the principal of,and'ueterest � .'��.; -
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<br /> on,the debt evidenced by the Note and late charges due under the Note. ,,;.;��,� �; ,.,, _.
<br /> �.Monthly P9�yment of Taxes,Insurance aad Otder Charges.Borrowea shall include in each monthly paymeat, �
<br /> togethea with the principal and inteaest as set forth in ihe Nota and any late charges,a sum for(a) taxes and�pecial . . - . .,
<br /> assessments levied or w be levied ag inct the Fropaty,(b)leasehold payments or gcound rents on the Property.and(c) ���� ��
<br /> remiums for msviance uired nnder h 4. In an �. � �~� ��'�`-�
<br /> p req paragrap y year in which the Lender mast pay a mortgage u�surance •.;,,�r-,,�;��.-
<br /> premium w the Secretary of Housing and Urban Devetopment("Secretary"j,or in any year in which such premium - —
<br /> would have been required if LendQr sii!!tseld the Securir;Ia..,c*-um:ast,each monthlY Pa3rsntx�t sl�a�i also inciude eiiher.(i} . .----_: -��r-�`�—
<br /> a sum for the annual mortgage insurance premium to be paid by Lender tn the Secretary.or(ii)a monthly charge instead '� � . "
<br /> of a mortgage instuance premium if this Security Ins�wneat is held by the Secretary,in a reasonable amount to be �": `
<br /> 1 detertnined by the Secretary. Excepi for the monthly charge�y the Secretary.these items are called"Escrow Items"and � _._`�°•� "•
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<br /> � the sums gaid to Lea�dea�e called"Escrow Funds." ---;;�-:��—
<br /> Lender may.ai any�mme.collect and hold amounts far Escrow Items in an aggregate amount not to exceed the
<br /> maaunum amoant fliat may be required for Bocrower's escrow account under the Real Estate Settlement Procedures Act • f������
<br /> of 1974. 12 U.S.C.Secdon 2601 et seq.and implementiing regWadons.24 CFR Part 3500.as they may be amended °� ' •`-`
<br /> from tirat w lime("RESPA").except thai the cushion or reseave permiued by RFSPA for unandcipated disb�usements . ' , -
<br /> or disbuiseanenis before the Borrower's payments aze available in the account may not be based on amounts due for the . , _
<br /> mortgage insurance premium. .
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