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201000335 which has the address of 64$ MEVE5 AVENUE, GP~AND ISLAND [Street, city] , Nebraska 6$$01 [z;F coae) ("Property Address"); TOGETHER WITH all the improvements now or hereafter erected on the property, and all. easements, appurtenances, 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 understands and agrees that MFRS holds only legal title to the interests ranted by Borrower in this Security Instrument; but, if necessary to comply with law or custom, MFRS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the 'Property is unencumbered, except far encumbrances of record. Harrower 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 by jurisdiction to constitute a uniform securit~r instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of 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 Payment of 'T'axes, Insurance, and Other Charges. Borrower shall include in each month)}~ payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to be levied against the Property, (b) leasehold payments or ground ants on the Property, and (c) premiums for insurance required under Paragraph ~l. In any year in which the Lender must pay a mortgage insurance premium tc the Secretar}~ of Housing and Urban 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 be paid by Lender to die Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held. b} the Secretary, in a reasonable amount to be determined by the Secretary. Except for t'rae monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." GV2171-2 (696) Page 2 of S I I FHA Nebraska Deed of Trust IIIIIIIIIIIIVIIIIIIIIIIIIIVIIIIIIIIVIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIVIII~IIIIIIIIIIIIIIIII 1 1 Q 1 ~, ~~ 8 5 8 G V 2 ], 7 1