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201009472 "x'his debt is evidenced by �orrow�r's nore dated tho same date as this Security ]nstrument ("Note"). which pravides fvr monthly paymenta, with the full debt, if nat paid earlier, due anti payable nn J�nuary 01, 2041 . This Secu�.ty Tnstru�xlent secures to L�z�der: (a) ths r�pa.ym�er�t Uf the dc:bt evide�ced by the Not.e, with interest, and all renewals, �ac�ecisions arkd modifications af the Note; (b) the paym�nt o� aU. ot:her sums, with interest, advanced undet par8grapfa 7 tD Eax'btect the security vf thi� 5ecurity Instrurnent; and (c) the performance of &�rrower's �ovenants and agre�t,ez�Cs und�r this Security Ingtxument an,d the Not�. E'ar this purpnse, Eic�rrovver ircevocably grants and conveys ta the Trustee, in txust, with pvwer of sale, the following describ�d property located in Ha11 County, Nebraska: LqT �(9) , 87sOClf '1'W]�T�."Y—�"OC7R (24) ., RI788LL �1H'�''�'-r.� � S ADDITI03�T TO THE CITY OF [�RAIJD ISI�, HAT�.Ta CAUId'J.'X� N�RA.SICA. �az �cet JD Number �oasaa.va� which has tEae address of 415 �PFST 11TH ST�T [su�eeil C�7r�nd Island iCiiyl, N�br&9ka �8801 [Zip Cadel �"PropBrty AdClress TOGE'CHER WI"CH all the irc►provemencs naw vr hereafter erected on the property. and all �asements, appurtenances a�d fixtures now or heceaft� a part af th� prope�'ty. AIE replac�ner►ts and additions shall aiso ba covered by this Security Instrum�t. AJ.I of the foregoing is referred Ca in Chis Svcurity lnstruin�nt as the "Property." Borrowee underscands and ag�rees ttaat MEI2S halds anly tegxl title to the interests granted by Horrower iz� this $eCurity Instrument; but, if n�cessary to comply with idw or custom, MBRS, (as nominee for Lender and Lender's suocessors and ass�gns), has the right: to exercise any or ali of those inGerests, including, buE n.ot liznated to, the rRght to forecla�e and s�l the ProperCy; and ta cake any acCion required of Lendee inclvding, but not lirru�ed to, rei�asing or canceling ttais Securicy Instrum�tk BO1��tOWER CDVENAN'i'S that Borrower is la�vfully seizeci of the esWte hereby conveyed and has the right to grant and convey the Properky and that the Property is unencumbered, exc.ept for encumbrarrves of recarcf. Borrower warrants and will def�nc! gen�ralty th� laitle to the Property againsc all claims and da:xnands, subject ca any encumbrances of record. TH1S S�CURI`CY TI�S'�RUMBN''� combines uniform covenants for national use and non-uniform covenants with limited variatians by jarisdictivn ta constitute a unifarm sec�arity instrument covering real property. �orrovver and L�nder cov�ar►t and agree as follaws: UNIFORM COVENANTS. 1. Payment of Principal, Interest �d L�te Ch�e. Borrower shall pay when due the principal of, a�d int.�rest on, the debt evidenaed by th� Note and late charges due under the Note. 2. Monthiy Pa.yment oP Taxcs, Insurance and QCher Chargea. BOrrower 5ha11 includ� in each monthly payment, together w�th the principai and interest as set t'orth in Che Note ar►d any lat� charges, a suKn for (a? ta7ces and special assessments levied or to be levied againsc the Property, (b) leasehold payma:nts �r graund rents on th� Froperty, and (c) premiums for insurance requir� under paragraph 4, In any year in which the Lea�dor must pay a mortgage insuracace'pr�ium Co the Secretary of Hauaing ax�d Urban Devslnpment ("�ecretary"}, or in any year in which such prarniutn would have� kree�n. r�azred if Lender still held tlae Securiry lnstru�ent, eackz monthly paymenC st�all algo include either: (� a sum for the annual rnortgage insurance prerr�iam W be pafd by Lender to the Secretary, or (ii) a monthly charge instesd of a morCga�e insurance premium if this Socurity instrumkmt is held by the Socretary, in a reasonable amotu�t to be determin�l by the Secr�ary. Except for the monthly charge by the Secretary, these items are called "Fscrow Items" and the sums paid to Lend4r are callerl "Escrnw �nds." 880088QA84 � O In�ids:�"' VMP�-AN�NF� (n�o�)•a� P►pe 2 M 8