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2012003�0 is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on�R�Y O1, 2027 , This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modif'ications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect"the security of this Security Instrument; and (c) the performance of $orrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described properiy located in HALL County, Nebraska: SEE LEGAL DESCRIPTION ATTAC�D HERETO AND MADE A PART HEREOF The South Eighty-two and Five Tenths (82.5) feet of Fractional Lot Five (5), in Fractional Block One Hundred Seventeen (117), of Railroad Addition to the City of Grand Island, Nebraska, and its complement Fractional Lot Five (5) in Fractional Block One Hundred Seventeen (117) in Koenig and Wiebe's Addition to the City of Grand Island, Hall County, Nebraska. TAX STATEMENTS SHOULD SE SENT T0: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARR, NJ 071014701 Parcel ID Number: 400081830 which has the address of 924 W 1ST ST GRAND ISLAND [CityJ, Nebra.ska 68801 [Zip Code] [StreetJ ("Property Address"); TOGETFIIIt WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the properiy. All replacements and additions sha11 also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the �� BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURTTY INSTRiTMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real properiy. Uniform Covenants. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late charges due under the Note. 2. Monthly Payment of Texes, (nsurance and Other Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to be levied against the Progerty, (b) leasehold payments or ground rents on the Property, and (c) pFem��m� for �n��*ansp required under paragraph 4. In any yeaz in which the Lender must pay a mortgage insurance premium to the Secretary of Housing and Urban Development ("Secretary"), or in any year in which such premium would have bEen required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual FHA Deed of Tnmt-NE VMP � Wultere Kluwer Flrmrrolel Sarvlaes 4/88 VMP4RINE) 111061.00 Page 2 of 10