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�oioo7�s� This debt is evidenced by Borrawer's note dated the same date as this Security Instnunent ("Note"), which provides for monthly payments, with the full debt, if not paid eaxlier, due and payable on October 1, 204C . 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 prqtect the security of this Security Instrument; and (c) Che performance of Borrower's cavenants and agreements under this Security Instrument and the Note. For this purpose, Borxower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in Ha 11 County, Nebraska: SEE EXHTBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. SUBJECT 7Q COVENANTS OF RECORD. Parcel ID Ivumber: 4 0 0 3 7 5 0 O 1 which has the address of 929 E 7�.h St GStreet] G ra nd I s 1 a nd [Ciry], Nebraska 68801 [ziP Code] ("Property Address"); TOGETHER WITH a11 the improvements naw or hereafter erected on the property, and all easernents, appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All af the foregoing is referred to in this Security Instrument as the "Property, " Bprrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in Chis Security Instrument; but, if necessary to comply with law or custom, MERS, (as norninee for Lender and Lender's successors aind assigns), has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sall the Property; and to take any action required of Lender including, but not limited to, releasing or canceling this SecuriCy Instrument. BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby aonveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encunnbrances of record. Borrower warrants and will defend generally the title to the Property against all clairns and demands, subject to any encumbrances of record. THIS SECCIRITY INSTRUMENT combines uniform covenants for national use and non-uniform cavenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrower and Lender covenant and agree as follaws: 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 of Taxes, Ipsurance and Other Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sum far (a) taxes and special assessments levied or to be levied against the Property, (b) leasahpld payments or ground rents on the Property, and (c) premiums for insurance required under paragraph 4. In any year m which the Lender rnust pay a mortgage insurance premium 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 sum for the annual mortgage insurance premium to ba paid by Lender to the Secretary, pr (ii) a monthly charge instead of a mortgage insurance premium i f this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the rnonthly charge by the Secretary, thesa items aze call�d "Bscrow Items" and the sums paid to Lender are called "Escrow Funds." III II'IIIIIIIIIII�IIIIIIIIIII�IIII IIIIIIIIIIII III Initiels: � J � VMP�-4N(NE) (o4o71At Page 2 of 8