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2011U21�J provides for monthly payments, with the fu11 debt, if not paid earlier, due and payable on A p r i 1 1, 2 0 41 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Bonower's covenants and agreements under this Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in H a 11 � E C 0 ND County, Nebraska: Lot Six (6), in Block Eleven (11), in Gilbert's Addition to the City of Grand Island, Hall County. Nebraska. Parcet ID Number: 400I35Q86 which has the address of }2 � W 13 t h S t [Street] Grand I sl and �ciry�, Nebraska 6880I [Zip Code) ( "Property Address"); TOGETHER WITH aII the imgrovements naw or hereafter erected on the property, and all easements, appurtenances and fixttues now or hereafter a part of the property. AlI replacements and additions shall also be covered by this Security instrument. All of the foregoing is referred to in this Security Instrument as the "Property. " BORROWER COVENANTS that Borrower 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 gener�lly the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT cornbines uniform 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 covenant and agree as follows: UNIFORM 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 late charges due under the Note. 2. Monthly Payment of Taaies, Insurance and Other Charges. Borrower 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) 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 insurance premium to the Secretary of Housing and Urban Development ("Secretary"), or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment sha11 also include either: (i) a sum for the annual mortgage insurance premium 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. Except for the monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to I,ender are called "Escrow Funds. " FHA Deed of Trust-NE VMP � WolYers Kluwer Financial Services aiss VMP4RWE) (0809) Page 2 of 9 v �