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8- i0 05 Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust,wit' -i-c ^er of sale, the following described prope-rty located in. HAI,,, County, Nc`braslca: IM 5 IN F12ALMI CAL HUXX 132 IN UMC H 1PAIC MC . RAY C a'APANY' S SFMW AMMC N M THE C ETY OF W" Tom, kL~3,L C 1ChT1`Y, *3MAMM. which has the address of r 0a E STH S`1' T Mreat. Citnl. Nebraska 6880: [Zip Code] ("Property Address TOGETHER WITI-I all the improvements now or hereafter erected on the property, and all casements, appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the Property." 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 encumbranc°a of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encurnbrmcos of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with lirmiited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrower and Lender covenant and agree as follows: UNIFORM COVENANTS. 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 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 %wessments, levied or to be levied against the Property, (b) leasehold payments or groun' rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year in which the Lender most 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 (ii) a monthly charge instead of a mortgage insurance premium if this Security. Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. 3xcept for the monthiy charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." Lender may, at any time, collect and hold amounts for Et;crow Items in an aggregate amount not to exceed th.c mzximurn arnount that may be required for Borrower's escrow account under the Real Estate Settlement I'racec ores Act of 1974, 12 U.S.C. Section 2601 et seq, and implementing regula.tiors, 24 CFR Part 3500, as they may be amended from time to time ("RE-SPA"), except that the cushion or reserve permitted by RESPA for unanticipated disbursements or disbursements before the Borrower's payments are available in the account may not be based on amounts due for the mortgage insurance premium. (=-WHE) =04L01 1 r,y* a of 0 Inltlslr: C1 CA `i 1.