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. � . ' . , . . . ;�,- <br /> .. . . � , .' . . , , , � . _ , ,�z�--. <br /> _ - -------- �----_� . . ._ ... _�._..— _.�_ � _ __��___ __ . .. . - - - -_ . __.._. . _ . , -� ----�-LL � � , - . <br /> , . . . <br /> . �a.. <br /> , .,. . f` <br /> . , '" �r <br /> .r�. <br /> t - <br /> I . . . . "�'-e- <br /> 9�� ic��'a'S ' � . E. : �, , __. <br /> of Borrower's covenants and agreemeau under this Security Insuument and the Note. For this purpose. Borrower . ' _ <br /> irrevocably granu and conveys ta tiie Trustee, in trast, with power of sale, [he following described property located f, � • .,,- <br /> 1n Hdl l Counry.Nebraska: , .� <br /> i ,. - <br /> � Lot Six (6j, Block One (1j, Elm PTace, Grand Island, Hall Connty, ' °- ;:=-- --� � _ <br /> Nebraska. ` �� � �- <br /> � ' . ,: <br /> ' : ,��- <br /> , �.,�: <br /> . .�-�,;:�,. <br /> � � . --.=.�"'.��iirdiii�'."� <br /> �� � � : -;::�:�:�,::� <br /> . ..,,.. <br /> ?-y� <br /> ;. �.. z `� <br /> - w [s�.c«r�, � � f :�':� <br /> which has ttte addmss of 1316 W. Di v i s i on,Grand I sl and <br /> • - Nebraska 68801 CL�Coae� ("Property Address ); . .' '�•�• ' _ <br /> , +� <br /> . TOGETHER WITH all [he improvemenu now or hereafter erected on the properry, and all easements, .. ._;..',��.�':'`� <br /> appurtenances and fixtures now or hereafter a parc of the properry. All replasemenu and additions shall also be � ~;= <br /> , '',`= covered by this Security Instrument. Ali of the foregoing is referred to in this Securiry Instniment as the"Properry." �� ° <br /> � BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to � , ? • <br /> - grant and co�vey the Propeny and that the Property is unencumbered,except for encumbrances of record. Borrower •,-�� �:� ' `- " <br /> warrants and will defend generally the title to the Properry against all claims and demands, subject to any � �� ' . <br /> encumbrances of record. � �,,. ' � <br /> � .w.s• '�.�._�. <br /> THIS SECURITY INSTRUMENT combines uniform wvenanu for national use and non-unifonn wvenants �;�:y � � , _ . <br /> with limited variazions by jurisdiction to constitute a uniform security instrument covering real propeny• ":�°���'. <br /> Borrower and I.ender covenant and agree as follows: f � . `1� ��. . <br /> •r R�G <br /> . UMFORM COVENANTS. - • � ��_'--- <br /> , " 1. Payment of PrIndpal, interest and Late Charge. Boaower shall pay when due the principal of, and -. ,:_ . �` �. ;�_:- <br /> ' interest an,the debt evidenced by the Note and late chazges due under the Note. ;� �"`°� <br /> .�• `'�'— <br /> 2. MontWy Payment of Taxes, Iasurance and Other Charges. Borrower shall include in each monthly _ �.;;�.;__ <br /> �' payment.together with the principal and interest as set forth in the Note and any late charges,a sum for(a)taaes and . .'���` _f��, .-.�T,,::: <br /> �r' special assessments levied or to be levied against the Properry, (b) leasehotd payments or ground rents on the <br /> ; Properry, and(c)premiums for ins�uance required under paragraph 4. In any year in which the Lender must pay a �_ <br /> mongage insurancc premium to the Secretary of Housing and Urban Development("Secretary"),or in any year in . �F~�'�--•,,..�.'�,:_.,. <br /> which such premium would have been required if Lender srill held the Security Instrument.each monthly payment � •°-�• <br /> ' shall also include either:(i)a sum for the annual mortgage iasurance premium to be paid by L.ender to the Secretary, :�X� "?�•� <br /> or(ii)a monthly charge instead of a mortgage insurance premium if this Security lnstrument is held by the Secretary, • �„�-. <br /> � , in a reasonable amount to be determined by the Secretary. Except for the montLly charge by the Secretary, these ' ������„,_ �__ <br /> . � i tems are c a l l e d"E s c r o w I t e m s"a n d t h e s u m s p a i d t o L e n d e r a r e c a l l e d"E s c r ow Funds." ; -_-=�_�-—;- <br /> � Lender may, at any time,collert and hold amounts for Fscrow Items in an aggregate amount not to exceed the _�.,_;.� <br /> . � maaimum amount that may be required for Borrower's escrow account un der t he R e a l F state Se tt lemen t P r o c e d u r e s ��.°' �� � <br /> •�_� Act of 1974, 12 U.S.C. Section 2601 et seq. and implementing regulations. 24 CFR Part 35U0, as they may be �'�"�""�-`��`''�� __ <br /> _.�..;_:..,... _ <br /> amended from time to time ("RESPA"), except that the cushion or reserve pertnitted by RESPA for unanticipated _y V�,�' _ <br /> disbursements or disbursements before the Borrower's paymenu are available in the account may not be bas�d on � � •., _ <br /> � •L-... _ . <br /> amounts due for the mortgage insurance premium. . " . 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