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201100689 which has the address of 216 EAST 20TH STREET� GRAND ISLAND [screec, Cir , Nebrasl:a 68801 [z�pCoae) ("Properry Address"); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part 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 "Properly." Borrower understands and aQrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument; but, if necessary to comply with law or custom, MERS (as nominee for L�nder and Lender's successors and assians) has the right: to exercise any or all of those interests, including, but not lunited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Securiry Instrument. $ORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the ri�ht to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Bonower warrants and will defend generally the ritle to the Property a�ainst all ciaims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for narional use and non-uniform covenants with Iimited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Bonower and Lender covenant and agree as follows: 1. Payment of Principal, Intea and Late Charge. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late char�es due under the Note. 2. Monthly Payment of Taxes, Insurance, and Other Charges. Bonower 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) taYes and special assessments levied or to be levied asainst the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under Paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housin� and lirban Development ("Secretary"), or in any year in which such premium would have been required if Lender still held the Securiry Instrument, each monthly payment shall also include either: (i) a sum for the annual mortQaQe insurance premium to be paid by Lender to the Secretary, ar(n) a monthly charQe instead of a mortQa�e insurance premium if this Securit�� Instrument is held by the Secretary, in a reasonable amount to be deternuned by the Secretary. Except for the monthly cnar�e by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." GV2171-2 (696) Page 2 of 8 FHA Nebraska Deed of Trust I II'I'I II'II II�II ��I'I II�'� III�I II�I� IIIII III�� IIII� I�I� II�IIII ��I III�I� II��I II�II I��) IIII I��I 1 1, 0], 3 1, � 4 3 9 G V 2 7, 7 1, �