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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 March 1, 2044 . 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 Instrument; and (c) the performance of Borrower's
<br />covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably
<br />grants and conveys to the Trustee, in trust, with power of sale, the following described property located in
<br />HALL County, Nebraska:
<br />Fractional Lot Five (5), in Fractional Block Seventeen (17), in Charles
<br />Wasmer's Addition to the City of Grand Island, Hall County, Nebraska; Wasmer's
<br />Third Addition to the City of Grand Island, Hall County, Nebraska and Wasmer's
<br />Annex to First Addition, to the City of Grand Island, Hall County, Nebraska,
<br />also Fractional Lot Five (5), in Fractional Block Ten (10), in Woodbine
<br />Addition to the City of Grand Island, Hall County, Nebraska and Fractional
<br />Block Eighteen (18), in Morrill's Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />Parcel ID Number: 400108100
<br />which has the address of 2023 W Koenig St
<br />Grand Isl and [City], Nebraska 68803 [Zip Code]
<br />( "Property Address ");
<br />TOGETHER 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 referred to in this Security Instrument as the
<br />"Property
<br />1
<br />BORROWER COVENANTS 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 />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />Uniform Covenants. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest 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, Insurance and 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 sum for
<br />(a) taxes and special assessments levied or to be levied against the Property, (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 Instrument, each monthly payment shall also include either: (i) a sum for the annual
<br />FHA Deed of Trust-NE
<br />VMP Q
<br />Wolters Kluwer Financial Services
<br />201400938
<br />[Street]
<br />0451400231
<br />4196
<br />VMP4RINE) 11302)
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