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2oo9os22c of Borrower's covenants and agreements under this Security Instrument 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: SEE ATTACHED LEGAL DESCRIPTION ~ ~ 11 (~ 1 ~ ~) [ TAX STATEMENTS SHOULD BE SENT TO: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARIC, NJ 07101,4701 which has the addross of 2315 W OKLAHOMA AVE, GRAND ISLAND [Street, Cityl, Nebraska 66803 [Zip Codcl ("Property Address"); TOGETHER WI'I'II all the improvements now or hereafter erected om the property, and all easements, appmrtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Properly against all claims and demandti, tiuhjecl to any encuanbtances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrower and Lender covenant and agree as follows: i.JNIFORM (.",OVENANTS_ 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Noie and late charges due under the Note. 2. Monthly Payment of Taxes, Insurance and Uther Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sutn for (a) taxes and special assessments lcvicd or to be lcvicd against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiurny tier insurance requited under paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing and IJrban Development ("Secretary"), or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual mortgage insurance premium to he 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 he determined by the Secretary. Except for the monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are Balled "Escrow Funds." Lender may, al any time, collect amd hold amounts for Escrow Items in an aggregate amount not to exceed the maximum amount that may be required for Borrower's escrow account under the Real Estate Seitlernent Procedures Act of 1974, 12 U_S_C_ Section 2601 ei seq_ and implementing regulations, 24 CFR Part 3500, as they may be amended from time to time ("RESPA"), except that the cushion car reserve pennitled by RESPA for unanticipated dishurtiemeniti or ditihurtiemenls before the Borrower's pa}nnents are available in the account may not be batted on amounts due for the mortgage insurance premium. -4R(NE) (sso9 ~ Page 2 of B Initials: U