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201103647 of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located � uar•r• County, Nebraska: T� SOIIT�RLY SEVENTEEN A1�ID EIGBT TENTHS (17 . 8) FEET OF LOT TWELVE `12 ) AND T� NORT�RLY FORTY TWO A1�ID T6�T0 TENTSS ( 42 . 2) E'EET OF LOT TBIRTEEN (13 ), IN SLOCR TBREE (3), SOIITHERN ACRES ADDITION TO T� CITY OF GRAND IS?�AND, HALL COIINTY, NEBRASRA. TAX STATEMENTS SSOULD BE SENT TO: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARR, NJ 071014701 which ha.s the address of 2609 SRA�lA ST, GRAND IS7�AND [Street, City], Nebraska 66801 [7�P c�] ("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 properly. All replacements and additions shall also be covered by this Securiry Instrument. All of the foregoing is referred to in this Security Instrument as the "Progerty." BORROWER COVENANTS tha.t Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Progerly and that the Property is unencumbered, except for encumbrances of record. Borrower wamants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURTTY INSTRITMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real progerty. Borrower and Lender covena.nt and agree as follows: UIVIFORM COVENANTS. 1. Payment of Prineipal, Inter�t 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 Tax�, 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 �nc� 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 shall also include either: (i) a sum for the annual mortgage inc�,�nsp premium to be paid by Lender to the Secretary, or (ri) a monthly charge instead of a mortgage ins�uance premium if this Security Instrument is held by the 5ecretary, in a reasona.ble amount to be determined by the Secretary. Except for the monthly charge by the 5ecretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." Lender may, at atry time, collect and hold amounts for Escrow Items in an aggregate amount 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 CFR Part 3500, as they ma.y be amended from time to time ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated disbursements or disbursements before the Borrower's payments are available in the account ma.y not be based on amounts due for the mortgage insurance premium. ��R(NE► 1880U Paga 2 of e Initials: `. `-' `--�