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�� Parcel ID Number: 400158655 which has the address of 4259 MANCHESTER RD [Street], GRAND ISLAND [City], Nebraska 68803 [Zip Code] ("Properly Address"}; TOGETHER WITH all the improvements now or hereafter erected on the property, and a11 easements, appurtenances and fixtures now or hereafter a part of the property. All replacements and additions sha.11 also be covered by this Security Instrumen� All of the foregoing is referred to in this Security Instrument as the "Properiy." BORROWER COVENANTS that Borrower is lawfully seized of the esta.te hereby conveyed and has the right to grant and convey the Properly and that the Property is unencumbered, except for encumbrances of record. Bonower warrants and will defend generally the title to the Property against a11 claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covena.nts for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security insirument covering real property. Borrower and Lender covenant and agree as follows: UNIFORM COVENANTS. 1. Payment of Principal, Interest and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late charges due under the Note. Z. Monthly Payment of Ta�ces, Insurance and Other Charges. Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note a.nd any la.te charges, a sum for (a} taxes and specia.l assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance 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 sha11 also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Secretary, or (u) a monthly charge instead of a mortgage insura.nce premium if this Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." Lender may, at a.ny time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed the maximum amount that may be required for Bonower's escrow account under the Real Estate Settlement Procedures Act of 1974, 12 U.5.C. Section 2601 et seq. and implementing regulations, 24 CFR Part 3500, as they may be amended from time to time ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated disbursemenfs or disbursements before the Borrower's payments are available in the account may not be based on amounts due for the mortgage insurance premium. If the amounts held by Lender for Escrow Items exceed the amounts permitted to be held by RESPA, Lender shall account to Bortower for the excess funds as required by RESPA. If the amounts of funds held by Lender at any time are not sufficient to pay the Escrow Items when due, Lender may notify the Borrower and require Borrower to make up the shorta.ge as permitted by RESPA. The Escrow Funds are pledged as additional security for all sums secured by this Security Inshument. IfBorrower tenders to Lender the full payment of all such sums, Borrower's a.ccount shall be credited with the balance remaining for all installment items (a), (b), and (c) and auy mortgage insurance premium installment that Lender has not become obligated to pay to the Secretary, and Lender shall promptly refund any excess funds to Borrower. Immediately prior to a foreclosure sale of the Property or its acquisition by Lender, Bonower's account shall be credited with any balance remaining for all installments for items (a), {b), and (c). 3. Application of Payments. All payments under Paragraphs 1 and 2 shall be applied by Lender as follows: Firs to the mortgage insurance premium to be paid by Lender to the Secretary or to the monthly charge by the Secretary instead of the monthly mortgage insurance premium; HCFG-00703 FHA Deed of Truat-NE VMP� Woiters Kluwer Flnarxial Services 201107204.0.0. �.4002-J 20110224Y Revised 4/96 11H0 Page 2 of B