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20�00798� of Borrower's covenants and agreements under this Security Instzument and the Note. For this purpose, Bartower irtevocably grants and conveys to the Ttustee, in trust, with power of sale, the following describad property lacated in HALL Couti Nebraska: LOT FIVE (5), CENTURA HILLS EAST FOURTFI SUHDIVISION, VILLAGE OF CATRO, HALL COUNTY, NEBRASKA. THIS IS A PUR,CHASE MONEY SECURITY INSTRUMENT. TAX STATEMENTS SHOULD BE SENT TO: WELLS FAAGO HOME MORTGAGE, P.O. 807C 11701, NEWARK, NJ Q71014701 which has the address of 1408 BIRDIE BLW , CATRO [strecy City], Nebraska 68824 [Zip Code] (��property Address"); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtutes now or hereafter a part of the property_ All replacements and additions shall also be covered by this Security Iusirument. All of the foregoing is referred to in this 5ecurity Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized af the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encwnbrances of record. Borrower watrants and will defend generally the title to the Praperty against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRiJMENT combines un.iform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrower and Lender cavenant and agree as follows: LTNIFORM COVENANrS. 1. Paym,ent of Principal, Interest and Late Charge. Borrower shall pay when due the principal af, and interest on, the debt evidenced by ihe Note and late charges due under the Note. 2. Manthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each monthly payment, tagethear with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special asssssm�nts levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiuxns for insurance required under paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary o£ Housing and Urban Development ("Secretary"), or in any year in which such premium would have been required i£ Lender still held the Security Instrument, each rnanthly payment shall also include either: (i) a sum for the annual r►�artgage insurance premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insuxance premium if this Security Instrument is held by the �ecretary, 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." Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed the maximum atnount that rnay be required far Borrower's escrow account under the Real Estate Settlement Pracedu�res Act of 1974, 12 U.S.C. Section 2601 et seq. and implementing regulations, 24 CFR Part 3500, as they may be arnended from time to tinrae ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipatsd disburscments or disbursements before the Batrower's payments are available in the account may not be based on amounts due for the mortgage inswance premium. �T ��R(NE) (9801) Page 2 ofe Initials: