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200809797 Note, with interest,andall renewals,extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7m protecttbesecurity of this Security Instrument; and (c) theperfonnance of Borrower's covenants and agra:m.entsunder this Security Instrwnent and the Note. For this purpose, Borrower irrevocably grants and conveys to the.Trustee, in trust, with power of sale, the following described property located in HALL County,.Nebraska: LOT 'l'WENTY(20l ,ANDTHEWESTERLy THIRTy (30) nET OF LOT'rWENTY-ONE (21), ALL IN BLOCK ONE (1r,. INKNICKREHM ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA Parcel ID Number: .40:0052407 .. which has the address of .20l5W. 20TH ST .Grand Is~and [Street] [City], Nebraska6BB01.,.2371 [Zip Code] ("PrOperty Address"); TOGETHER "WITH all the improvements now or hereafter erected on the property, and all easements, appunenancesaridflxturesnow or hereafterapartofthepmperty. All replacements and additions shall also be covered by this Security Jnstrument. . Allof the foregoing is referred: to in this Security Instrument as the "Property. " BORROWERCOVENANT:SthatBorro'.\fer is lawfully seizedoftbe estate hereby conveyed and hastbe right to grant and convey the Property aiJ.dthatthe Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record, .. . THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations \:Jyjurisdictionto constitute a uniform security instrument covering real property. Borrower and Lender covenant and. agree as follows: UNIFORMCQVENANTS. 1. Payment or PrinCipal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on,. the debt evidenced by the Note and late charges due under the Note. 2. Monthly l'8ymentofTaxes, Insurance and Other Cbarges. Borrower shaH include in each monthly payment, togetherwitMbeprincipaI and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to beleviedjigainst the Property, (b) leasehold payments or ground rents on the Property, and (c) premiwns for insurance required under paragraph 4. In any year in which the Lender must pay. a mortgage insurance premium to the Secretary of Housing and Urban Development ("Secretary"), or in any year in which suchpremium would have been required if Lender stillbeld the Security Instrument, each monthly payment shallalsoinclud~eitber:(i)asum for the annual mongage insurance premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the . Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly charge by the Secretary, these items are called"EscrowItem~" 3I1dthe sUDlS paid to Lefl(!.er are called "Escrow Funds." Lender may, at any time, coIIectandhold amounts for Escrow Items in an. aggregate. amount notto exceed the maximum amount that maybe required for Borrower's C!icrow account under the Real Estate Settlement Procedures Act of 1974. 12 U,S.C. Section 2601 etseq. and implementing regulations, 24 CPR Part 35OQ, as they may be amended fromtimetotimeCRESPA"), except that the cushion or reservepennitted by RESPA for unanticipated disbursements or . disbursements before the Borrower's. payments are available in the account may not be based on amounts due for the mortgage insurance premium. fIll-4R(NE)I04CI71.0 1 p&y& 2 of 8 0120288014 Qr~