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20110707� <br />is evidenced by Borrower's note dated the same date as this Security Instnunent ("Note"), which provides for <br />monthly payments, with the fiall debt, if not paid earlier, due and payable on oCTOBER O1, 2041 . This <br />Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all <br />renewals, extensions and madifications of the Note; (b) the payment of all other sums, with interest, advanced <br />under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Bortower's <br />covenants and agreements under this Security Instrument and the Note. For this putpose, Borrower irrevocably <br />grants and conveys to the Trustee, in trust, with power of sale, the following described propetty located in <br />HAI,L T,AMREItT o S County, Nebraska: <br />LOT SIX (6), BLOCR FOIIR (4),7�'/� SECOND ADDITION, AN <br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY', NEBRASRA <br />r' % <br />� <br />THIS IS A PURCHASE MONEY SECURITY INSTRUMENT. <br />TAX STATEMENTS SFiOULD BE SENT TO: WEI.LS FARGO HOME MORTGAGE, P.O. BOX 11701, <br />NEWARK, NJ 071014701 <br />Parcel iD Number:900059622 <br />which has the address of 624 N BROADWEI�L [Stt'eet) <br />GRAND ISLAND [City], Nebraska 68801 [Zip CodeJ <br />("Property Address"); <br />TOGE7'HER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instnunent. All of the foregoing is refened to in this 5ectuity Instrument as the <br />n � . �P�Y - n <br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed aad has the right to <br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br />Borrower warrants and will defend generally the title to tbe Property against all claims and demands, subject to <br />any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />Uniform Covenants.Bonower and Lender covenant and agree as follows: <br />1. Payment of Principal,lnterest and Late Charge. Borrower shall pay when due the principal of, and <br />interest on, the debt evidenced by the Note and late charges due under the Note. <br />2. Monthly Payment of Taxes, Insuranceand Other Charges.Borrower shall include in each monthly <br />payment, together with the principal and interest as set forth in the Note and any late charges, a sum for <br />(a) taxes and special assessments levied or to be levied against the Property, (b) leasehold payments or <br />ground rents on the Property, and (c) premiums for in� required under pazagraph 4. In any year in <br />which the Lender must pay a mortgage insivance premium to the Secretary of IIousing and Urban <br />Development ("Secretary"), or in any year in which such premium would have been required if Lender still <br />held the Secu.rity Instnunent, each monthly payment shall also include either: (i) a sum for the annual <br />FHA Deed of Ttust-NE <br />4 <br />VMP 0 VMP4R(NE) (1105).00 <br />Wolters Kiuwer Financial Services Page 2 of 10 <br />