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�� 1 �0 � 3�'7 performance of Borrower's covenants and agreements under this Security Insttument 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 Hall County, Nebraska: See Atta.ched legal. Parcel ID Number: which has the address of 2516 Cochin ST [Street], GRAND ISLAND [City], Nebraska 68801 [Zip Code] ("Properly 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 properly. All replacements and additions sha.11 also be covered by this Securi�.y Insttyuument. All of the foregoing is referred to in this Security Instrument as the "Properiy." BORROWER COVENANTS that Bonower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Properly a,nd tha.t the Properiy is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Properiy aga.inst all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited va.riations by jurisdiction to constitute a uniform security instntment covering real property. Borrower and Lender covenant and a.gree as follows: UNIFORM COVENANTS. 1. Payment of Principal, lnterest and Late Charges. 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 Ta�ces, 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 Property, (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 been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Secretary, or (u) a monthly charge instead of a mortgage insurance premium if this Security Insttument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly charge by the Secretary, these items are called "Escrow Items" a.nd the sums paid to Lender are ca.11ed "Escrow Funds." Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed the maximum a.mount that may be required for Borrower's escrow account under the Rea1 Estate Settlement Procedures Act of 19'74, 12 U.S.C. Section 2601 et seq. a.nd implementing regulations, 24 CFR Part 3500, as they may be amended from time to time ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated disbursements or disbursements before the Bonower's paymenls are available in the account may not be based on amounts due for the mortgage insurance premium. HcFC-oo�o3 FHA Deed of Truat-NE VMP� Wotters Kluwer Financial Services 207205294.1.1.233&J20120129Y e�`� ` ��+Zs'"�� Revfaed 4l96 01/12 Page 2 oi 10 7 8'