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�o1uo�38� provides for monthly payments, with the full debt, if not paid earlier, due and payable on November 1, 2p40 . This Security Cnstrument 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 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 follawing described property located in H A L L County, Nebraska: LOT SIX (6), BI50N MEADOWS AbDITIDN, HALL COUNTY, NEBRASKA. Parcel ID Number: 400182564 which has the address af 405 Wesl ey Ci r �strcct] Doni phan [City�, Nebraska 6$632 [zip Code� ("Property Address"); TOG�THER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a pax 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 af the estate hereby conveyed and has the ri�ht to grant and convey the Property and that the Praperty is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT connbines unifarm covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instruxnent 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 on, the debt evidenced by the Note and late charges due under the Note. 2. Monthly Payment af Taxes, Insurance and Other Charges. Borraw�r shall include in each monthly 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 graund rents an the Property, and (c) premiums for insurance required under paragraph 4. In any year in which the Lender must pay a rnartgage insurance prernium to the Secretary 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 suarz7 for the annual mortgage insurance premium to be paid by Lender to the Secretary, or (ii) a rr►anthly charge instead of a mortgage insurance premium if this Security Instniment is held by the Secretary, in a reasonable amount to be 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 called "Escrow Funds." 0451012520 FHA �eed of 7rust-NE 4/86 VMP � �j, �VMP4R(N� (OB09) Wolters Kluwar Financial Sarvicea �L.! Paga 2 of g