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<br />� � � of Horrowea's covenants and agreemer�ts under this Security Instrument and the Note. For this purpase. Borrower ' . ' -�
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<br /> � irrevocably grants and conveys w the Trustee,in uust,with power of sale,the following desrribed propercy located in < � -
<br />� -;-� x�.L County,Nebraska: - ; -- �—.'`�-
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<br /> , ; LOT TF1St3TY-FIVS {25), POTASH SUBDIVISION, HALL COIINTY. NEBRASKA. � .
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<br /> w6iCh has the address of 4035 REED ROAD, GRAND ISLAIJV [Sveei,CiLy), - �.�'• _
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<br /> Nebta41c3 68803 [�P��1 �°�P�YAddress"). - '_�'..��..r=-
<br /> 'P(3GETI�R WITH all the improvemenis now or hereafter erected on the property, and all easements, ' . -��--`
<br /> � appurtenances and fxwres now or heaeafter a part of tdie propescy.All replacements and additions shall also be covereA • . - ` '•"—
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<br /> by thi4 Security Insuument All of the foregoing is referred to in this Security Insuument as the"Propeaty." �,.�. :„. �,z���
<br /> BORROWEEt COVENArITS that Borrower is lawfully sei7,ed of the estare hereby conveyed and has the right to `.�.'' � + "-'� i'`� ,��
<br /> .. grant and convey the Pcopeaty and thai the Property is unencumbeaed,e�ccept for encum biances o f recor d Bonower .,.. .sa ' ��� ��. `
<br /> wanants and will defend geaezally the tide to the Property against all c}eims and demands.subject w any es�cumbrances . - ,; '�:,u. —
<br />' of record. `.`<: �;'
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<br /> . THIS SECIJRITY INSTRUNIEN'T combines uniform covenants for national use and aon-unifonn covenants with �,} �.�
<br /> � limited variations by jurisdiction w consaiwte a unifoan sec�uiry instrument cov�ing real pmperty. , ?s .::
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<br /> - Borrowea and Lender covenant and agree as follows: . �' "
<br /> _. LJNIFORM COVENANTS. _' f� � -
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<br /> 1.Payment of Prindpal,Interest and Late Charge.Bonower shall pay when due the principal of,and inte�est � , rE;.,. _�':
<br /> '"' on.the debi evidenced by the Note and late charges due under the Note. ` - ' � ��"�-
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<br /> . Z.MontWy Paymeat o!Taxes,Iagarance aad Other Charges.Borrower shall include in each monttily payment, , ;,�,,,,,. ,��--
<br /> wgedier with the priacipal and interest as set forth in the Note and any late charges,a sum for(a) taxes and special :.��':s �
<br /> '� assessments levied or w be levied against the Property,(b)leasehold payme�nts or ground rents on the Propeaty.and(c) �, �—
<br /> �re�airuns e9 P�S►�D Y Y��which the Lendea mnst a a mo 4�_.:i - ' ��
<br /> for insinance r uaed ander h 4. Ia an D Y rtBaSe insv�ce �.,,�, f' ��
<br /> �ranium to the Secaetary of Housing and Urban Dcvelopment("Secretary"),or in any year in which such premimn ��--y �:'°•-
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<br /> . would have been required if Lender still held the Secarity In.s�ment,each monthly gayment shall aLso indude eithea:(� �• •--�•--��__
<br /> � a sum for the annual mortgage:nsutsnce prcmium to be paid by Lender to the Secn�iary,or(u)a monthiy charge instead ` �-
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