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��14�1353 and agreements. Far th�s purpose, Borrower irre�ocably grants and conveys to Trus�ee, in trust, with power of sa�e, the foll�wing described property �ocated in HALL �ounty, Nebraska: SEE L�AL L�ES�RIP�I'I�11T ATT A�ID MAI�E A PART H�F`�F AS E�HIBIT 'fA" . A.P.N. : 44��81�75 � � which has the address af 7�1 �nT 1 S T S T �Street] GRAND I SLAND , Nebraska �8 S�1 �"Property Address"}: ��,� [Zip Cvde] T�GETHER WITH all the impro�ements now or hereafter erected an the praperty, and all easements, appurtenances, and fixtures novv or hereafter a part af the property. A�l replacements and addi�ions sha�l also be ca�ered by this Security Instrument. Al1 of the foregoing is referred�o in�his Secur�ty Instrument as the"Proper�y." Borrower understands and agrees that MERS ho�ds only legal title tv the interests granted by Borrower in this Security Instrument; bu�, if necessary to camply with law or custom, MERS�as nflminee for Lender and Lender's successors and assigns}has the right: to exercis�any or all of thase i�terests, including, but n�t�imited�o, the righti to forec�ose and seil the Proper�y; and to take any action required af Lender including, but not limited ta, releasing or cance�ing this Security �ns�rument. BQRR�WER��VENANTS that BorrovWer is lawfuily seised of the estate hereby con�eyed and has�he right ta grant and con�ey�he Froperty and that the Property is unencumbered, except for encumbrances of record. Barrvwer vWarrants and wi�l defend generally �he title �fl the Proper�y agains� all claims and demands, subject to any encumbrances of record. TH�S SE�URITY INSTRLIMENT combines uniform coWenants for natiQnal use and non-uniform co�enants wi�th limited �ariations by jurisdiction to consti�ute a uniform security instrument�o�ering real property. U NIFDRAA CDVE NANTS. BorrQwer and Lender co�enant and agree as follows: 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when du� the principal of, and interest on, the deh�e�idenced by the Nate and�ate charges due under the Note. 2. Manthly Payment of Taxes, Insurance, and �ther Charges. Borrvwer shall include in each monthly payment, tage�her with the principal and interest as set forth in the No�e and any la�e charges, a sum for�a}taxes and special assessmen�s le�ied or ta b� le�ied against the Froperty, �b} leasehoid payments ar ground rents �n �he Pr�perty, and�c}premiums for insurance required under paragraph 4. In any year in which the Lender must pay a m�rtgage insurance prernium to the Secretary af Housing and Urban De�e�opment�"Secretary"}, nr in any year in which such premium would have been required�f Lender still held the Se�ur��ty Instrument, each monthly paymen� sha��also include either: �i}a sum for the annual mortgage insuran�e premium to be paid by Lender to the Secre�ary, ar�ii}a monthly charge inst�ad of a mortgage insurance prem ium if this Security Instrument is held by the Secre�ary, in a reasanable amount to be determined by the Secretary. Except for the mvnthly charge by the Secretary,these items are ca��ed"EsCrow Items" and the sums pa�d t� Lender are called"Escrow Funds." Lender may, at any time, collect and ho�d amounts for Escrow Items in an aggregate amount not to exceed the maximum amount�hat may be required for Borrawer's escrow accaunt under the Real Estate Settlement Procedures Act af 1974, ��U.S.�. �2��I et seg. and implementing regulations, 24 CFR Part 35U�, as th�y may be amended FHA NESRASKA L7EED�F TR�ST - MERS D�acll►��Ic N ED4TZ.FHA �714 31�� 9e � Qf � w ww.docrrragic.corrr