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��14��7 the terms of�h�s Secur�ty��.strumen�; and(��the performance of Borrawer's covenants and agreeme�.ts under�his Securzty rnstrumen�and the No�e. The fu11 debt,�nc�uding amaunts described�n[a},�b},ar�d (c� abave, if not due earlier, is due and payab�e on March 31,�lUl. Far�his purpos�,Borrov�er irrev�cal��y grants and conveys�Q Trustee, in�rus�,wi�h p�wer�f sa1e,the following described praperCy �ocat�d in HALL County,NEBRAS�A: See�egal description as�xhib�t A attached hereto and made a part hereaf for all intents and purposes which has the address of 717 E 13TI3 STR�ET,GRAND ISLAND,Nebraska f88U1, �"Proper�y Address"� T�GrETHER W7TH a��the improvements now or h�reafter erec�ed fln the propert�y,and al�easements, rights, appur�enances, and fixtures now or hereafter a par�of�h�propertyo A11 replacemen�s and add�tions sha��also be co�ered by�h�s Secur�ty�nstrument.A1I af�he faregoing is referred to in this Securi�y �ns�rument as�he "Property." Borravver under�tar�ds and agrees that MERS holds only�ega1 ti�1e �o�he interests gran�ed by Borro�ver in�his Secur�ty�ns�rum.�nt,but, if necessary t�c�mply with�av�r or custom, MERS �as nam�nee for Lender and Lender's successors and ass�gns�has�he righ�: �o exer�ise any or all of thase in�erests,includ�ng,bu�not Iim�ted�o,the right to foreclas�and sell th�Proper�}�;and to�ake any act�on required of Lender�nclud�n�,but no�1i7mit�d to,releas�ng and cance��ng this Security Ins�ru�ment. B�RR��TVER.C�VENANTS that Borrflv�rer is lawfu�l� seised of the estate hereby canveyed and has the right t�grant and con�ey the Property ar�d that the Proper�y is unencumbered.Sorro�er warrants and wil�defend general�y�he t�t1e to the Pr�per�y agains�a�1 claims and demands, su�jec�t�any encumbrances of record. TH�S SECUR�TY INSTRUMENT��mbin�s uniform co�enan�s for natzonal use and n�n-un�form covenants w��h�imited�ariatians by jurisdict�on�o cons�itute a un�form securit� instrument co�ering real property. UN�F�RM��VENANTS.Borrow�r and Lender covenant and agree as folla�rs: 1. Payment of Pr�n�ipa�and Interest.Borrov�er sha��pay v�hen due�h�princ�pal ofy�.Il�111t�r�5��1� the debt ev�idenced by�he Na�e. 2. Payment of Property�harges.Borro�ver sha��pay a�l property charges consist�ng of taxes,ground rents,flood and hazard insurance premiums, and specia�assessmen�s in a timely maraner, and sha�� pravide e��dence�f payment�o Lender, uniess Lender pa�s pr�pert�charges by v��thho�d�ng funds fram mont�Iy paymen�s due to�he Borrov�er or by charging such payments to a��ne of cr�dit as provided for in�he Laan Agre�mente 3. Fire,F�oad and�ther Hazard Insurance.Borrov��r sha�l �nsure all�mpr��emen�s on�he Property, v�hether now in ex�stence or subsequen��y er�ct�d, aga�nst any hazards,�asua��ies,and con��ngencies, including f re. This insurance�hall be mainta�ned in the amounts,��he ex�ent and far�he periods required by Lender or�he Secretary of Housing ar�.d Urban Deveiopmen�("Secretary"}. Borrower shal� also insure all improvem�n�s on the Property, whe�her n�w�n exis�en�e or subsequently erected, aga�nst loss by floods to�he ex�ent required by the Secr�tary.A1� �nsuran�e shal�be carr�ed with companie� appro�red by Lender. The insurance pol�c�es and any renewals sha��be held by Lender and shall �nclude �oss pa_yable clauses�n fa�or of, and in a form acceptable to,Lender. Page 2 of 12 HECM First De�d�f Trust