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2oiooss~s with power of sale, the following described property located in HALL County, Nebraska: SEE ATTACHED which has the address of 420q s 80TH ttoAD (street] ALDA NE 68810 ("Property Address"); (City] (State] (Zip Cade] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, 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 tv in this Security Instrument as the "property." BORROWERCOVENANTS 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 only encumbered by a First Security Instrument given by Borrower and dated the same date as this Security Instrument ("First Security Instrument"). earrower 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 unifarrn covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Harrower and Lender covenant and agree as follows: 1. Payment of Principaland Interest. Horrower shall pay when due the principal af, and interest on, the debt evidenced by the Second Note. 2. Payment of Property Charges. Borrower shall pay all property charges consisting of taxes, ground rents, flood and hazard insurance premiums, and special assessments in a timely manner, and shall provide evidence of payment to Lender, unless Lender pays property charges by withholding funds from monthly payments due to the Borrower or by charging such payments to a line of credit as provided for in the Lvan Agreement. Lender may require Borrower tv pay specified property charges directly to the party owed payment even though Lender pays other property charges as provided in this Paragraph. 3. Firs, F'laad and Other Waaard Insurance. Harrower shall insure all improvements on the Property, whether now in existence or subsequently erected, against any hazards, casualties, and contingencies, including tire. This insurance shall be maintained in the amounts, to the extent and for the periods required by Lender. Borrower shall also insure all improvements an the Property, whether now in existence ar subsequently erected, against loss by floods to the extent required by Lender. The insurance policies and any renewals shall be held by Lender and shall include loss payable clauses in favor of, and in a form acceptable ta, Lender. fn the event of loss, Borrower shall give Lender immediate notice by mail. Lender may make proof of Inss if not made promptly by Borrower. Each insurance company cancemed is hereby authorized and directed to make payment far such lass to Lender instead of to Borrower and Lender jointly. Insurance proceeds shall be applied to restoration ar repair of the damaged Property, if the restoration ar repair is economically feasible and Lender's First American Loan Production Services Nebrnske HECM Second Security Instnunent c 200E FIrSt Amedrsn Real Estate Solutions LLC FAI.PS# UBD9: D4/DB NMFL #8808NE DoC Id: QONE Papa Y