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200805380 of Bouower's covenanu and agreements un.det this Security InstJ:Limcnt and the Note. For this purpose, Borrower irrevocably grants and conveys to the trustee, in trust, with power of sale, the following described propeny loc.ared in HALL CountY, Nebt8Ska: LOT BIGHT (8), ~IT~ 5S~GHTa SIXTH SUBDIVISION, IN ~ CITY 0' GRaND ~SLANDt llALL comftY, !fBBlWIJCA. THIS is A fT,lRcv.sz I40NEY s:e:cmu:n ntS'rllmmNT. ';l'U STATSMKNTS SBOtJLD M SJIHT 'lOa wzu,S:rD.SO BoKJ MOllTGAUB, P.O. BOX 11701, NdW~, uj 07101t701 whiob. b.u the address of 2812 IIlIDI5PBllDBJlCZ AVE, GUJII) J.sLAND [SIrect. City], Nebraska 68(103 [Zip Code] ("Property Address"); TOGB'I'llER. WITH all the improvemen.ts now or hcrca.1'tm: erected on the propeny, and all eaaement5, appurtenances and fixtures now or hereafter a pan of the property. All IqllacemCD.ts and ~ditiOlU shall also be covered by this security Instrument. All of the foregoing is referred to in tbi/i Security Instrwnent as the "Property." BORROWER. COVENANTS that Borrower is lawfully seized of U1e estate h.eIcby conyeyed and hM the right to grant and convey the Propetty and. that the Jtropmty is unencumbered, except for encumbrances of record. Borrower WBITilIIU and will defend generally the title 10 the Property against all c1ahns ano. ll"'mll.tWs. subject to any encumbranoes of :reeord. THIS SECURITY INSTRUMENT combines unifonn covenants for national use and nOl3rUDifoOO covenants with limited variations by jurisdiction to CODlItitu.te a uniform security instnnnent cmoering real propertY- Borrower and Lender OQvewmt IlDd agree as follows: UNIFORM COVENANTS. 1. Payment of Principal) IDteI'e8t and Late Charge.. HollOwer shsll pay when du.e the pri11elpal of, and interest on. the debt evid.enced by the Note and late charges due und.er thO Note. 2. Monthly l'ayment of Tases, Imuranc:e and Other Charges. Borrower .shall include in cadl monthly payment, together with the principal anel interest Ili set forth in the N'om and. any late charges, a !lWD. for (a) taxe$ and special. asseum.ents levied or to be levied against the Propetty. (b) leasehold. payments or ground ICD.t!l on the Property, and (c) premiums for insuraD,ce :required under paragrapn4. In ~y year jn which the Lend.et must pay a mortgage in$'tJt8I1CC premium (0 tho Sccretmy of HQ1.1$ing and 'Urban Development ("Secretary"). or in any year in which .such premium woUld have been required if l..ender still held Ihc Scc\lrity lDst1'l1D1eDt, each monthly payment 6ll1ll1 also include either: (i) a sum for the llID11lal mortgage insuranCe premium to be paid by Lcncier to the Secretary, or (ii) a monthly charge instead of a mongago insurance premium if this Security Insb.'Um.ent is held by the Secretary, in a :reasonable amount to be detennined by the Sectetary. Except: for the mo):).thly chllrge by the Secr8W')', these itentS are called "Escrow ItemS" anel the SUDJ$ paid to Lender are called "Pscrow Funds." Lender may, at any time. collect and hold an'J,Ounts for Escrow Items in an aggregate amOunt not to exceed the maximwn amount that may be rtQUired for Borrower's escrow account under the Real 'Estate Sett1eJDe:1lt Procedures Act of 1914. 12 U.S.C. Section 2601 et seq. and implemcnt:ina regulations, 24 CPR Part 3500, as they may be amended from time to time rRESPA "), except that the CUshi011 or reserve pepnitted by RESP.A. for unanticipated disbursements or disb\lISCm.eDtS before the Borrower's payments are available in the al;:COUIlt may not be based on amounts due for the mortgage insutance premium. .lPJ-4RINEI 1ge01) Pllg" z on /\,.-./'k/ lMjtl8~