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201007924 c�f Barrawer's covenants and agreements under this Security Instrument and the Nots. For this purpose, Borrower irr�vacably grants and conveys to the TrusGee, in trust, with power of sale, the fallawing described property located lri FTALL Count , Nebraska: LOT ONE (1), BLOCK STX (6), COUNTRY CLUH SUHDIVISTON IN THE CIT'Y OF GRAND ISLAND, HALL COUNTY, NEBRASICA. TAX STATEMENTS 3HOULD BE �EN'I' TO: WELLS FARGO HOME MORTGAG�, P.O. BOX 11701, NEWARK, N�7 071014'701 which has the address of 2204 5 AUGLTST ST, GRAND TSLAND [��'cet, f;ity], Nebraska 68801 [Zip Code] ("Property Address"); rOGETHI:R WITH all the improvements now or hereafter srected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the prop�rky. All replacements and additions shall also be cov�r�d by this Security Instrument. All of the far�going is r�ferred to in this Security Instrument as the "Property." BORROWER COV�NANTS that Borrower is lawfully seized of the estale hereby conveyed and has the right to grant and convey the Praperty and that the Property is unencumb�red, except far encumbrances of record. Borrower wanants and will d�fend generally the title to the Property against all claims and demands, subject to any encumbrances of rec.ord. THIS SECUKT'1'Y INSTRUMENT eombines uniform covenants for national use and nan-unifarm cavenants with limited variations by jurisdiction tU c;unstitute a uniform security instrument covering real prap�rty. Sorrower and I.end�r covenant and agree as follows: UNI�ORM 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 lat� chargss due under the Note. 2. Monthly Payment of Taxes, Insuranec and Other Charges, $orrower shall include in each monthly payment, together with the principal and int�r�sk as set farth in the Nate and any late charges, a sum for (a) taxes and sp�cial assessments levied or to be levied againsl Ihs Prap�rty, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurancs rsquirsd under paragraph 4. In any year in which the L�ndcr must pay a rnortgage insurance premium tc� ihc: S�cr�tary of Hausing and Urban Development ("Secretary"), or in any year in which such premium would have been required if Lender still held the Security Instrum�nt, each nnonthly payment shall also includ� eith�r: (i) a sum for the annual mortgage insurance premium to b� 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 r�aspnable amount to be determined by the Secretary. Except fc�r th� monthly charge by the Secretary, these items arc called "Escraw Items" and the sums paid to Lender are called "Escrow Funds." Lender may, at any time, collect and hold amounts for Escrow Itcros in an aggregate amount not to exceed the maximum amount that may be required for Borrower's escrow account under th� Real &state Settlement Pracedures Act Uf 1974, 12 U.S.C. Section 2601 et seq. and implementing regulations, 24 CPR Part 350Q, as they rnay be arnended from time to time ("'RESPA"), except that the cushion or reserve permitt�d by R�SPA for unanticipated disbursements or disbursements before the Borrow�r's paym�nts ara availabl� in the account may not be based on amounts due for the mortgag� insurance premium. � 4��) (96011 Page 2 aF 8 Initials:��„