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20110407i provides for monthly payments, with the full debt, if not paid earlier, due and payable on J u n e 1, 2 0 41 . This S�urity 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 agresments 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 County, Nebraska: Lot Sixteen (16), Block Three (3), LeHeights Second Subdivision, in the City of Grand Island. Hall County. Nebraska. Parcel ID Number: 400157'640 which has the address of 4339 He ave n T y Dr �s�cl Grand I s1 and �ciryl, Nehraska 68803 [ziP coae} ("Propercy t9.ddress"); T�ETHER WITH all the improvements now or hereafter erect�i on the groperty, and ail easements, agpurtenances and fixtures no�r or hereafter a gart of the pmperty. AlI replacemerxts and additions shall also be covered by this Secuuriry Instrument. t�ll of the foregoing is referred to in this Security T�stcvffient as the "Property." BORRO�VER COVENt�.NTS that Borrower is l�wfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except far encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use anct non-uniform covenants with limited variatious by jurisdiction to constitute � vniform security instrument covering real property. Bonower and Lender covenant and agree as follows: LTNIFORM COVENANTS. 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on, the debt evidence�i by the Note and late charges due under the Note. 2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shatl 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 Ue levied against the Property, (b) leasehold payments or ground rents on the Propertx, and (c) premiums for insurance required under pazagraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing and Urban Development ("Secretazy") or i� �y y� i� 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 insurance premium to be paid by Lender to the Secretary, or (ri) 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 Secretazy. Except for the monthly chazge by the Secretary, these items are called "Fscrow Iterns" and the sums paid to Lender aze called "Escrow Funds." FHA Deed of Trust-NE q/gg VMP � VMP4R(pN9e(28�099 Wolters Kluwer Financial Services \'