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� provides for monthly payments, with the full debt, if not paid earlier, due and payable on May 1, 2041 . This 5ecurity 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 pazagraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this 5ecurity Instrument and the Note. For this purpose, Bonower inevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in H a 11 County, Nebraska: Lot Five (5), in Block Two (2), in Knickrehm Second Addition to the City of Grand Island, Hall County, Nebraska. Pazcel ID Number: 400052865 which has the address of 10 2 E 21 s t S t [sa�eet) G r a n d I s 1 a n d �ciry�, Nebraska 6 8 8 O 1 [Zip Code] ( "Progerty Address"); TOGETHER WITH all the improvements now or hereafter ereeted 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 refened 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 unencumhered, except for encumbrances of record. Bonower wanants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY IN5TRUMENT 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: UNIFORM 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 Taxes, Insurance and Other Charges. Bonower sha11 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 yeaz 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 Insm�ment is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly chazge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Fscrow Funds." FHA Deed of Truat-NE /� 4/98 VMP � !1'( G VMP4RINE) i0809) Woltera Kluwer Financial Services V� Page 2 of 9