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�'�� CO��D �011032'75 20�.102069 of Borrower's covenants and agreements under this Security Instnunent 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 �+L County, Nebraska LOT SEVEN (7), IN BLOCK ONE (1), CAPITAL SEIGHTS FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COONTY, NEBRASKP,. THIS IS A PUACHASE MONEY SECURITY INSTRUMENT. TAX STATEN.�NTS SHOULD BE SENT TO: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARK, NJ 071014701 which has the address of 4221 MICHIGAN AVE, GRAND ISLAND [Street, City] Nebraska 68803 [Zip Code] (��property Address"); TOGETHER WITH all the impr'bvements 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 Instnunent_ 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 unencwnbered, except for enctunbrances of record. Bonower wamants and will defend generally the title to the Properly against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Bonower and Lender covenant and agree as follows: iJNIFORM COVENANTS. 1. Payment of Principal, Interest and Late Charge. Bonower 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 Tazes, 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) 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 Tnstrument, each monthly payment shall 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 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 maximtun 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 CFR 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 before the Bortower's payments are available in the account may not be based on amounts dne for the mortgage insurance premium. �-4R(NE) (9801) 9 Initials:l � l' Pa e2of8