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201202731 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 M8y 1, 2042 . This Security Instrument s�ures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications 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 Borrower's covenants and agreements under this Secutity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in H a 11 County, Nebraska: Lot Eight (8), in Block Five (5), in Dodd and Marshall's Addition to the Town of Wood River, Hall County. Nebraska. Parcel ID Num6er:400179210 wluch has the address of I315 Marshal i St [StreetJ Wood Ri ver [CiryJ, Nebraska 68883 [Zip Code] ("ProlxrtY Actdr�s"); TOGETHER WI7'H aIl the 'rmprovements uow or hereafter erected on the pmperty, and all easements, appurtenanc� aIId fiartures now or hereafter a part of the property. All replacements and additions sha11 also be covered by this Security Instrunzent. AtI 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 ttiat the Property is unencumbered, except for encumbrances of r�ord. Borrower warrants a�cd wi11 defend generally the title to the Property agaiast atI claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Uniform Covenants. Bonower 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 chazges due under the Note. 2. Monthly Payment of Taxes, Insurance 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 Properry, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year 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 b�n required if Lender still held the S�urity Instrument, each monthly payment shall also include either: (i) a sum for the annual FHA Deed of Trust-NE 4/96 VMP � VMP4RINE) (7109) Wolters Kluwer Finandal Servic� Page 2 of 10