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20�2031��a is evidenced by Borrower's note dated the same date as this Security Instnunent ("Note"), which provides for monthly paytnents, with the full debt, if not paid earlier, due and payable on 1KP,Y O1, 2042 . This Security Instrument secures 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 Instntment; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants attd conveys to the Trustee, in trust, with power of sale, the following described property located in HALL County, Nebraska: THE WESTERLY SIX (6) FEET OF LOT SEVENTEEN (17) AND ALL OF LOT SIXTEEN (16), EXCEPT THE WESTERLY THREE (3) E'EET, BLOCR TEN (10), PAItKHILL THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, AALL COUNTY, NEBRASRA. THIS IS A PURCFiASE MONEY SECURITY INSTAUMENT. TAX STATEMENTS SHOULD BE SENT T0: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARK, NJ 071014701 Parcel ID Number4o007�451 which has the address of 2510 W PHOENIX AVE [StreetJ GRAND ISLAND �CityJ, Nebraska 68803 [Zip CodeJ ("Property Address"); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the property. Al) replacements and additions shall also be covered by this Security Instnunent. All of the foregoittg is referred to in this Security Instnunent 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 SECURIT'Y INSTRUMENf 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,lnterest 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 Taxes, Insuranceand 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 Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required uttder 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 been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the attnual FHA Deed of Trust-NE 4/98 VMP � VMP4R(NE) (1105).00 Wolters Kluwer Financial Servicea Paga 2 of 10