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201101573 of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to thc Trustce, in trust, with power of sale, the following described property located in HALL County, Nebraska: SEE TITLE TAX STATEMENTS SHOULD BE SENT TO: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARPC, NJ 071014701 which has the address of 1415 N HUSTON AVE, GRAND ISLAND �Street, City], Nebraska 68803 �zip Code] ("property 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 forcgoing is refcncd to in this Sccurity Instnunent as thc "Property." BORROWER COVENANTS that Bonower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject lo any encumbrances of record. THIS SECURITY INSTRUMENT combines unifonn covenants for national use and non-unifonn covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property_ Bonower and Lcnder covenant and agrce as follows: UNIFORM COVENANTS. 1. Payment ol' Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and inleretit on, the debt evidenced by lhe Note and late chargea due under the Nole. 2. Monthly Payment of Taxes, Insurance and Other Charges. Bonower shall include in each monthly payinent, together with the principal and interest as set forth in the Note and any late charges, a swn for (a) taxes and special assessments levied or to be levied against 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 insurancc premium to the Secrctary of Housing and Urban Dcvelopment ("Sccretary"), or in any ycar in which such premium would have been required if Lendcr still hcld the Security Instrument, cach monthly payment shall also include either: (i) a sum for the annual mortgage insurance premiiun to be 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 reasonable amount to be determined by the Secretary. F,xcept for ihe monthly charge by the Secrelary, 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 ainount not to exceed the maximum amount that may be required for Borrower's escrow account under the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. Section 2601 et seq. and implementing regulations, 24 CrR Part 3500, as they may be amended from time to time ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated disbursements or disbursements bcfore thc Borrowcr's paymcnts arc available in the account may not be based on amoimts due for the mortgage insurance premium. � -4R NE �sso� � Page 2 of 8 .'�� S �� � � � Initial�/1��