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<br />collect and apply such rents), all of which shall be deemed to be and remain a part of the property covered by
<br />this Deed of Trust; and all of the foregoing, together with said property (or the leasehold estate if this Deed of
<br />Trust is on a leasehold) are hereinafter referred to as the "Property." Borrower understands and agrees that
<br />MERS holds only legal title to the interests granted by Borrower in this Deed of Trust; but, if necessary to
<br />comply with law or custom, MERS, (as nominee for Lender and Lender's successors and assigns), has the
<br />right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the
<br />Property; and to take any action required of Lender including, but not limited to, releasing and canceling this
<br />Deed of Trust.
<br />TO SECURE to Lender the repayment of the indebtedness evidenced by Borrower's note dated
<br />NOVEMBER 29 , 2021 and extensions and renewals thereof (herein "Note"), in the principal sum of U.S.
<br />$5, 527 .00, with interest thereon, providing for monthly installments of principal and interest, with the
<br />balance of the indebtedness, if not sooner paid, due and payable on DECEMBER 1, 2031; the payment of
<br />all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Deed of
<br />Trust; and the performance of the covenants and agreements of Borrower herein contained.
<br />Borrower Covenants that Borrower is lawfully seised of the estate hereby conveyed and has the
<br />right to grant and convey the Property, and that the Property is unencumbered except for encumbrances of
<br />record. Borrower covenants that Borrower warrants and will defend generally the title to the Property against
<br />all claims and demands, subject to encumbrances of record.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal and Interest. Borrower shall promptly pay when due the principal and
<br />interest indebtedness evidenced by the Note and late charges as provided in the Note.
<br />2. Funds for Taxes and Insurance. Subject to applicable law or a written waiver by Lender,
<br />Borrower shall pay to Lender on the day monthly payments of principal and interest are payable under the
<br />Note, until the Note is paid in full, a sum (herein "Funds") equal to one -twelfth of the yearly taxes and
<br />assessments (including condominium and planned unit development assessments, if any) which may attain
<br />priority over this Deed of Trust, and ground rents on the Property, if any, plus one -twelfth of yearly premium
<br />installments for hazard insurance, plus one -twelfth of yearly premium installments for mortgage insurance, if
<br />any, all as reasonably estimated initially and from time to time by Lender on the basis of assessments and
<br />bills and reasonable estimates thereof. Borrower shall not be obligated to make such payments of Funds to
<br />Lender to the extent that Borrower makes such payments to the holder of a prior mortgage or deed of trust if
<br />such holder is an institutional lender.
<br />If Borrower pays Funds to Lender, the Funds shall be held in an institution the deposits or accounts
<br />of which are insured or guaranteed by a federal or state agency (including Lender if Lender is such an
<br />institution). Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground
<br />rents. Lender may not charge for so holding and applying the Funds, analyzing said account or verifying and
<br />compiling said assessments and bills, unless Lender pays Borrower interest on the Funds and applicable law
<br />permits Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of
<br />this Deed of Trust that interest on the Funds shall be paid to Borrower, and unless such agreement is made or
<br />applicable law requires such interest to be paid, Lender shall not be required to pay Borrower any interest or
<br />earnings on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds
<br />showing credits and debits to the Funds and the purpose for which each debit to the Funds was made. The
<br />Funds are pledged as additional security for the sums secured by this Deed of Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installments of Funds
<br />payable prior to the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed the
<br />amount required to pay said taxes, assessments, insurance premiums and ground rents as they fall due, such
<br />excess shall be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly
<br />installments of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay taxes,
<br />assessments, insurance premiums and ground rents as they fall due, Borrower shall pay to Lender any
<br />NEBRASKA - SECOND DEED OF TRUST - 03/18
<br />cx 496.28 Page 2 of 8
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