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200907268 al' i3orrower's cuvettants and agreeuteut{, under this Security Ctlstruntc;ttt and the Note. For this purpose, Borrower irrevocably greats and conveys to the Tn><5tee, in trust, with power of sale, the, following described. property located izt H21LL C'.aunty, Nebraska: LOT' FO(IR (4), GQDAWIN SUHDIVTSIt7N, CITY AF GRAND IliLAND, HALL COUNTY, N~HRASTCF.. THTS IS A Pt7RCFi.~;SE M4NHY SECUl2,TTY TNSTRUbII~NT. TA3C STd:T>;MSNTS SHDULt7 HZa SEI+TT T4: WF'LLS FARGQ HOME M4RTGAG$, P.4. BOX 11701. N)aWA.FiK, NJ 0710147()1 +vltich has fire uddr'ess of 90Q H 14TH STRISET, GRAND ISLAND ISlreez, C:iryl, Nebraska 6E8p1 iLipcaAel ("Property Address"); TOGETHF,R WITH all lira irupravements now or hereafter erected on the property, and all easerttertts, aplturter~tucuti and fixtures new or hereafter a part of the property. All replacements and additions shall also be covered 6y this Security l'tttiirurnent. All of die fareboiug i.s .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 grtun and ~onv~y the P.rope.rty and that the Property is uru:rtcumtbered, except fox ettcuntbrances of record. Borrower warrtazts and will defend generally the title to die Property against all claims and detttattds, subject to arty eu;:urubrauces of record. THIS SEC[JRITY INSTRUMENT cotnbittes unifot'nt cavenauts for national use and ttutt-tutifonn covenants with Iiutited variatiurts by jurisdiction to cun5ti.iute a uttifornt srrc:urity ittstaumettt covering real property. Borrower and LG.zuier covettaut and agree as .follows: UNIFORM COVENANTS. 1. Paytrtent of Principal, ]interest and I,afe Charge. Borrower shall pay when due dte principal ot', and interest on, rite debt evidenced by the Note aztd late charges due uudar dte Note. 2. ntauthly 1'ayntent of 't'axes, C'<tsurance and Other Charges. Borrower shall include in. each maztdtly payutent, togctlter with the .principal attd ittteretit as set Perth in the Nate and any late charges, a sum for (a) taxes attd sp4cial esa~ssntanis levied or io be levied against the Property, (b) lease.ttold payments or ground rents on the Properly, and (c) prentiuttcti titr ittsurattr;e .required under paragraph 4. In any year in which the Lender must pay a tuizrtl;age insurance preuiiunt to the Secretary of Housing and 17rban Developntertt ("Secretary"), ar in arty year in ++'lzicJz such prt:roiuul would have been required if Lender still held dte Security Instrument, each trtonthly payrrtettt shall also include either: (i) a sum for cite auuual mortgage insurance premium to be paid by Lender to th.e Secretary, or (ii) a montldy charge instead of a trtartP;uge insurance premium if this Security Instrument is held by die Secretary, in x z-easatzable untount to hr; deterntitted by the 5ecreWry. Except tar the ann.nthl.y charge by the Secretary, these fleets are called "Es4rotiv Items" attd the sutras p;iid to l.ettder are called "Escrow Funds." ],ender may, at any tithe, collect and bald- atttouttts fitr Escrow Iten><c iu an aggregate antourtt not to exceed the tuaxiutum am<'>unt that Wray be required. for Borrower's escrow account under the Real )/rtitate Settlement Procedures Act of 1974, 12 U.S.C. Sectioxt 2601 et seq. and iutplementirtg regulations, 2~f CPR .Part 3500, as they may be rttueuded front time to rim. e ("RESFA"), except that the cushion o:r reserve permitted by RESPA Par unanticipated disburserttents or disburseznettts before the Bo.t•.rower's paytttents are available iri tYte account may not be based on autounts due for the nwrtgage insurance przutiumt. 4RINEt fsBD11 Faye 2 of 8 InlYlal~:~