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201204820 <br />is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for <br />monthly payments, with the full debt, if not paid earlier, due and payable on �Y Ol , 2042 . This <br />Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all <br />renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced <br />under paragraph 7 to protect the security of this Security Instru,ment; and (c} the performance of Borrower's <br />covenants and agreements under this Security Ins�tvment and the Note. For this purpose, Borrower irrevocably <br />grants and conveys to the Tntstee, in tru5�t, with power of sale, the following described property located in <br />srnr•L County, Nebraska: <br />LOT TWO HUNDRED TWENTY ONE (221) IN WEST LAWN, AN ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COtJNTY, NEBRASKA. <br />THIS IS A PUItCHASE MONEY SECURITY INSTRUMENT. <br />TAX STATEMENTS SHOULD BE SENT TO: WELLS FARGO HOME MORTGAGE, P.O. BOX 11758, <br />NEWARR, NJ 071014758 <br />Parcel ID Number: <br />which has the address of 2022 W 14T8 ST [Stf-eetJ <br />GRA1�ID ISLAND �CityJ, Nebraska 68803 [Zip CodeJ <br />("Property Address"); <br />TOGETI�R WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is refened to in this Secutity Instrument as the <br />��p <br />BORROWER COVENAN'f5 that Borrower is lawfully seized of the estate hereby conveyed and has the right to <br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />any encumbrances of record. <br />THI5 SECLJRITY IN5TRUMENT combines uniform covenants for national use and non-uniform covenants with <br />limited variations by jurisdiction to constitute a uuiform security instrument covering real property. <br />Uniform CovenBnts.Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal,lnterest and Late Charge. Borrower shall pay when due the principal of, and <br />interest on, the debt evidenced by the Note and late charges due under the Note. <br />2. Monthly Payment of Taxes, Insuranceand Other Charges.Borrower shall include in each monthly <br />payment, together with the principal and interest as set forth in the Note and any late charges, a swn for <br />(a} taxes and special assessments levied or to be levied against the Propetty, (b) leasehold payments or <br />ground rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year in <br />which the Lender must pay a mortgage insurance premium to the Secretary of Housing and Urban <br />Development ("Secretary"), or in any year in which such premium would have been required if Lender still <br />held the Security Insttument, each monthly payment shall also include either: (i) a sum for the annual <br />FHA Deed of Trust NE 4 � <br />VMP � VMP4R(NE) (1105).QO <br />Wolteia Kluwer Flnancial Servicea Page 2 oi 10 <br />