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201106671 is evidenced by Bonower's note dated the same date as this Secutity Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on �TOBER O1, 2041 . This 5ecurity Instnunent 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 Borrower's covenants and agreements under this Security Inslrument and the Note. For this purpose, Boaower irrevocably grants and conveys to the Tnistee, in tiust, with power of sale, the following described property located in RAT• County, Nebraska: LOT TEN (10), BLOCR TWENTY (20), CHARLES WASMER'S ADDTION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASRA. THIS IS A PURCHASE MONEY SECURYTY INSTRUMENT. TAX STATEMENTS SHOiJLD BE SENT TO: WELLS FARGO IiOME MORTGAGE, P.O. BOX 11701, NEWARK, NJ 071014701 Parcel ID Number: which has the address of 1704 GRAND ISLAND ("Properly Address"); W CHARLES ST [City], Nebraska. 68803 [Zip CodeJ [StreetJ TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instnament. All of the foregoing is referred to in this Security Instniment as the ��. �� BORROWER COVENANTS that Borrower 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. Borrower warrants and will defend genezally 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 instn�ment covering real property. Uniform Covenants.Borrower and Lender covenant and agree as follows: 1. Payment of Principal,lnterest 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 Payment of Taxes, Insuranceand Other Charges.Bonower shall include in eachmonthly 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 ground rents on the Property, and (c) premiums far �n�rance 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 shall also include either: (i) a sum for the annual FHA Deed of Trust-NE VMP � VMP4R(NE) (110.5).00 Wolters Kluwar Fnancial Sarvices Page 2 of 10