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20�105�30 This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on Auguat O1, 2041 . This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with inter�t, and all renewals, extensions and modifications of the Note; (b) the payment of a11 other sums, with interest, advanced under paragraph 7 to protect the security of this Security Inslxument; and (c) the performance of Bo'rrower's covenants and agree�nents under this �curity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sa1e, the following described property lacated in xall County, Nebraska: LOT ONE FlUNDRED FIVS (105) LARIIE SIIBDIVISION IN THE CITY OF C�RAND ISLAND EALL COUNTY NEBR.ASKA. ° PIIRCF3P�SE MONEY" Parcel ID Number: 4 0 043 3 311 wluch has the address of 835 SAGEWOOD AVE [Street] araad Ialaad [Ciry], Nebraska 68803 [Zip Code] ("Property Address"); TOGETHER WITH all the improvements now or here,after erected on the property, and a11 �sements, appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instiument as the "Property." Bonower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument; but, if necessary to comply with law or custom, MERS, (as nominee for Lender and Lender's successors and assigns), has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Properiy; aud to take any action required of Lender including, but not limited to, releasing or canceling this Security Instrument. 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 Properiy is unencumbered, except for 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 and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real properiy. Borrower and Lender covenant and agree as follows: UN�ORM COVENANTS. 1. Payment of Principal, Interest and Late Charge. Bonower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late chazges due under the Note. 2. MontWy Payment of Taxes, Insurance and Other 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 far (a) taxes and special , assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the ProperGy, and (c) premiums for insurance required under paragraph 4. In any year m 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 Secunty 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 (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary, in a refisonable amount to be deternrined by the Secretary. Except for the monthly chazge by the Secretary, these items axe called "Escrow Items" and the sums paid to Lender aze called'Bscrow Funds." saoio2io6a ,� �,so��io6a Initials: ° 1° ` ° �� VM P�•4N(NE) (oao�).ot Page 2 of 8