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2 0�20000� BORROWER, in consideration of the indebtedness herein r�ited and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following descn'bed property located in the Couuty of Hal l , State of Nebraska: LOT 15, KENTISH HILLS SUBDIVISION, CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA Parcel ID Number: which has the address of 3015 GLADSTONE CIR [Street] GRAND ISLAND [City], Nebraska 68803 [ZIP Code] (herein "Properiy Address"); TOGETI�R with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and rents (subject however to the rights and authorides given herein to I.ender to collect and apply such rents), all of wluch shall be deemed to he and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property (or the leasehold estate if this De� of Trust is on a lea�hold) are hereinafter referred to as the "Properly"; TO SECURE to Lender the repayment of the indebtedness evidenced by Bonower's note dated December 14, 2011 and extensions and renewals thereof (herein "Note"), in the principal sum of U.S. $ 35 . 200 . 00 , with interest thereon, providing for monthly �'�t i lm ents of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on January 1, 2022 ; the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of Trust; and the performance of the covenants and agreements of Borrower herein contained. Bonower covenants that Borrower is lawfiilly seised of the estate hereby conveyed and has the right to grant and convey the Properiy, and that the Property is unencumbered, except for encumbrances of record. Borrower covenants that Borrower warrants and will defend generally the tifle to the ProPerty against all claims and demands, subj�t to encumbrances of record. Uniform Covenants. Borrower and I.ender covenant and agree as follows: 1. Payment of Principal and Interest. Borrower shall promptly pay when due the principal and interest indebtedness evidenced by the Note and late charges as provided in the Note. 2. Funds for Taxes and Insurance. Subject to applicable law or a written waiver by Lender, Borrower shall pay to Lender on the day monthly payments of primcipal and interest aze payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one-twelfth of the yearly taxes and assessments (including condominium and planned unit development assessments, if any) wluch may auain priority over this Deed of Tiust, and ground rents on the Properly, if any, plus one-twelfth of yearly premium in� la lm e.�r� for hazard insurance, plus one-twelfth of yearly premium installments for mortgage insurance, if any, all as reasonably estimated initially and from rime to time by Lender on the basis of �ts and 141158 Sacond Mongage-NE 1/B0 Amended 7104 VMP � VMP761NE1111051 Wolters Kluwar Financial Servicea Page 2 of 8