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�0��04720 This debt is evidenced by Borrower's note dated the same date as this Security Instrument {"Note"), which provides for monthiy payments, with the full debt, if not paid earlier, due and payabfe on J ul y 1, 2041 . This Security Instrunnent secures to Lender: (a) the repayment of the debt evidenced by the I�Iote, with interest, and all renewals, extansions and modificalions of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to proteet the seeurity of this Security Instrument; and (c) the performance of Borro�ver's covenants and agreements ander this Security Instrument and the Note. Foc this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with ppwer of sale, the following described property located in Hal l County, Nebraska: The Westerly Fifty Six {5b) feet of Lot Twelve (12) and the Easterly Twenty Nine �29} Feet of Lat Eleven (11}, in Pleasant View Fifth Subdivision, City af Grand Tsland. Hall Caunty. Nebraska Parc;el I� Number: 40Q080444 which has the address of 921 EdSt DelaWdr'2 Avenue [Street) G r a n d I s 1 a n d [c�cy], Nebraska 68801 [Zip Cade] � "Property Address"); TOGETHER WITH all the improvements now or hereafter erected an the property, and all easements, appurlenanc;es and fixtures now or hereafter a part of the property. Ali replacements and additions shatl also be c�vered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title ta the interests granted t�y Borrower in this Security fnstrument; but, if necessary ta comply with law or custom, MERS, (as nominee for Lender and Lender`s sucxessors and a�igns), has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and ta take any action required of Lender including, but not limited to, releasing or canceling this Sec:urity InstrumenT. BORROWER COVENANTS that Sorrower is lawfully seized oi the estate hereby conveyed and has the right to grant and a�nvey lhe Prc�perty and that the Property is unencumbered, except for encumbrances of recorc�. Borrower warrants and will deiend generally the tifle to the Praperty against all claims and demands, subject to any encumbrances of record. THIS SECtJRITY INSTRUMENT c:ombines uniform c,ove.nants for national use and non-uniform cpvenants with limited variati<>ns by jurisdiction to consEitute a uniform security instrumeni covering real property. Bc>rrower and �,ender cavenant and agree as follows: UNIFORM CCIVENANTS. 1. Payment of Pn Interest and Late Charge. Borrower shall pay when due the �rincipal of, and imerest on, the deb� evidenced by the Nate and late charges due under the Note. 2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each monch2y payment, together with the principal and interest as set farth in the Note and any tate charges, a sum for (a) taxes and special assessments levied oz to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c} premiums for insurar�ce requzred under paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretaty of Housing and Urban Devetopment ("Secretary"), or in any year in which such premium would have been r�quir�d if I.ender still held the Security Instrunnent, each monthly payment shall aiso include cither: (i} a sum foz the annual mortgage insurance premium to be paid by Lender co the Secretary, nr (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary, in a reasonabfe amount ta be determined by the Secretary. Except far the monthly charge by the Secretary, these items are calEed "Escrow Items" and Ehe sums paid to Lender are called "Escrow Funds." � 00162 iniclals: C �-4N(NE) {aaor� Page2 of e �