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201001870 This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on Apr 1 1 1, 2040 .This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's wvenants 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 ~ H d 71 County, Nebraska: 5EE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. SUBJECT TO COVENANTS OF RECORD. Parcel ID Number: 4DOD07558 which has the address of 117 S K 1 mb d 11 St [51 Grand I s 1 and [city), Nebraska 58801 [zip Code] ("Property Address"); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now ar 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 granted 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 W talcs any action required of Lender including, but not limited to, releasing or canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby wnveyed and has the right to grant and convey the Property and that the Property is unencumbered, except far encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrdrlee3 Of record. THIS SECURITY INSTRUMENT combines uniform covenants far 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: UNIFORM COVENANTS. 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest an, the debt evidenced by the Note and late charges due under the Note. 2. Monthly Payment of Taxes, Insurance and C)tlter Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth iGn the Nate 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 rents an the Property, and (c) premiums 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 such preamium 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 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 mthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." gtl3974887494 tlZ33 3ZS 0,7tl8 Ini~pels:_ A... VMP~-4N(NE- ~oao7~.0~ Page z or s