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�0��04340 This debt is evidenced by Bonower's note dated the same date as this Security Instrument ("Note"), which providcs for monthly paymcnts, with thc full dcbt, if not paid carlicr, duc and payablc on June 1 , 2�26 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, estensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced tmder paragraph 7 to protect the security of this Security InStrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For tlus purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in Hal l County, Nebraska: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. SUBJECT TO COUENANTS OF RECQRD. Parcel ID Number: 4� � 157225 which has the address of 4355 W Capl tdl AV2 [S�'�t] Grand Island [Ciry], Nebraska6SHO3 [zipCode] ("PropertyAddress"); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixhues now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the fore�oing is referred to in this Secwity Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by Bonower in this Security Instn�ment; but, if necessary to comply with law or custom, MERS, (as nomrnee for Lender and Lender's successors and assigns), has the right: to esercise any or all of those interests, including, but uot limited to, the right to foreclose and sell the Property; and to take any action required of Lender iucluding, but not limited to, releasing or canceling this Security instniment. BORROWER COVENANTS that Bonower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Bonower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRLJMENT combines uniform covenants for national use and non-uniform covenants with limited variutions by jurisdiction to constittrte 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. 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 Ps►yment of Taxes, Insurance and Uther Charges. Borrower 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 grottnd rents on the Property, and (c) premiums for insurance required tmder 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 m which such premium would have been required if Lender still held the Security Insirument, each monthly payment shall also includc citficr: (i) a sum for thc annual mortgagc insurancc prcmium to bc paid by Lcndcr to thc Sccrctary, or (ii) a monthly chargc instcad of a mortgagc insurancc prcmium if this Sccurity Instrumcnt is hcld by thc Sccrctary, in a reasonable amount to be determined by the Secretary. Escept for the monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." III IIIII'IIIIIIIIIIIIII'lI IIIIIIIIIIIIIIIIIIIIIII �.J q0330036Z997 0233 455 0208 Inftials: , VMP �-4N(NE) toao��.o� Paga 2 of 8