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s 2012047�9 which cur�nUy has the address of 7 0 7 S BLAINE GRAND ISLAND IC��I , Nebraska �Strect� 6 8 8 0 3 (" Roperty Address'"): �7rp Codc� TOGETI WITH all the improvements now or he�after emcted on the propert,y, and all easements, rights, appwterances and rents (subject however to fhe rights and authorities given herein to Lender to collect and apply such �nts), all of which shall be deemed to be and mmain a part of the property covered by this Deed of Trush, and all of the foregoing, together with said prope�ty (or the leasehold estate if this Deed of Tnist is on a leasehold) are hereinafter referted to as tl�e "Propert,y: ' TO SEC[JRE to Lender the �epayment of the indebtedness evidenced by Borrower s note dated January 9, 2012 and extensions and ►Enewals thereof (herein "Note"), in the principal sum of U.S. $ 16, 57 8. 0 0, with interest thereon, pr+nviding for monthly installments of principal and interest, witn the balance of the indebtedness, if not soonerpaid, due and payable on January 13, 2027 ; the payment of all other sums, with interest the�eon, advanced in accordance herewith to protect tl�e sccwity of this Deed of Trust; and the performance of the covenants and agrecments of Bo�mwerhe�in contained. BORROWF.I2 COVENANTS that Boimweris lawfully seised of the estate heneby conveyed and has the right to grant and convey the Pmperty, and that the Prope�ty is unencumbered, except for encumbrances of reco�. Bo�rower covenanis that Borrower warrants and will defend generall}� the dtle to the Property against all claims and demands, subject to encumbrances of recotrl. UNIFORM COVENANTS. Borrowerand Lendercovenant and agree as follows: 1. Payment of Principal and Interest. Borrower shall promptly pay when due the principal and interest indebtedness evidenced by the Note and late chaiges as provided in the Note. 2. Funds for Taxes and Insurance. Subject to applicable law ora written waiverby Lender, Bo►rower shall pay to Lender on the day monthly payments of principal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one-twelfth of the yearl,y taxes and assessments (including condominium and planned unit developmer�t assessmenis, if any) which may attain priority over this Deed of Tnis� and ground rents on the Prope►iy, if any, plus one-rivelfth of yearly premium installmenis for hazar�d insurance, plus one-twelffh of yeady premium installments for mo�tgage incurance, if any, all as tEasonably estlmated initially and from time to time by Lenderon the basis of assessmenis and bills and reasonable esdmates thereof. Borrower shall not be obligated to make such payments of F�nds to Lender to the extent that Borrower makes such payments to the holder of a prior mortgage or deed of hvst if such holderis an institutional lender. If Borrower pays Funds to I.ender, the Funds shall be held in an institution the deposits or accounls of which are insured or guatanteed by a federal or state agency (including Lender if Lenderis such an instilution). Lender shall apply �►e Flunds to pay said taxes, assessments, insurance premiums and ground ►Ynis. Lender may not charge forso holding and applying the Funds, analyzing said account orverifying and compiling said assessmenis and bills, unless Lenderpays Borrowerinterest on the Funds and applicable law pe�mits Lender NEBItASKA SECOND MORTGAGE DEED OF TRUSP NEBRASKA ITEM 4641L2 (W2771) 1000772442 GreatDas`� (Page 2 0/ 9)