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Pz11111x1ci% <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "). which <br />provides lbr monthly payments. with the Full debt.. it not paid earlier. due and payable on Jude 1, 2041 <br />. '['his Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the <br />Note, with interest, and all renewals, extensions and modifications of' the Note; (b) the payment of a][ other sums. <br />with interest. advanced under paragraph 7 to protect the security of' this Security Instrument; and (c) the peribrmance <br />of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower <br />irrevocably grants and conveys to the 'Trustee. in trust, with power ol' sale. the Following described property located <br />in Hall County, Nebraska: <br />See Attached Exhibit A <br />Parcel ID Number: <br />which has the address of 110 Solar St IStreetl <br />Al da [City], Nebraska 68810 [zip Cade] ( "Property Address"); <br />TOGETHER WITH all the improvements now or hereaRer erected on the property. and all casements, <br />appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All ol'thc Foregoing is referred to in this Security Instrument as the "Property." <br />Borrower understands and agrees that NICRS holds only legal title to the interests granted by Borrower in this <br />Security Instrument; but. it' necessary to comply with law or custom. MFRS. (as nominee f'or Lender and Lender's <br />successors and assigns), has the right: to exercise any or all of those interests. Including, but not limited to, the right <br />to foreclose and sell the Property; and to take any action required of Lender including., but not limited to. releasing or <br />canceling this Security Instrument. <br />BORROWI :R COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to <br />grunt and convey the Property and that the Property is unencumbered, except For encumbrances of' record. Borrower <br />warrants and will defend generally the title to the Property against all claims and demands, subject to any <br />encumbrances of'record. <br />THIS SECURITY INS'TRUNII N"r combines uniform covenants For national use and non - uniform covenants <br />with limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />Borrower and Lender covenant and agree as follows: <br />UNIFORM COVENAN'T'S. <br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of and <br />interest on, the debt evidenced by the Note and late charges due under the Note. <br />2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in euch monthly <br />payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) tares and <br />special assessments levied or to be levied against the Property. (b) leasehold payments or ground. rents on the <br />Property. and (c) premiums fir insurance required under paragraph 4. In any year in which the Lender must pay a <br />mortgage insurance premium to the Secretary ol' Housing and Urban Development ( "Secretary "), or in any year in <br />Which such premium would have been required il' Lender still held the Security Instrument, each monthly payment <br />shall also include either: (i) a sum lbr the annual mortgage insurance premium to be paid by Lender to the Secretary, <br />or (ii) a monthly charge instead ol'a mortgage insurance premium irthis Security Instrument is held by the Secretary, <br />in a reasonable amount to be determined by the Secretary. Except Ibr the monthly charge by the Secretary, these <br />items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." <br />2011- 1748241 100049700011788169 8124 <br />Initials <br />VMP9 -4N(NQ (0407),01 Pagel of B <br />