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20110732G of Borrower's covenants and agreements under this 5ecurity Instrument and the Note_ For this purpose, Borrower incvocably grants and convcys to thc Tnzstcc, in trust, with powcr of salc, thc following dcscribcd property locatcd in �L County, Nebraska: PLEASE PROVIDE FiJLL LEGAL DESCRIPTION TAX STATEMENTS SHOULD BE SENT TO: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARK, NJ 071014701 which has the address of 1827 W 13TH ST. , GRAND ISLAND fstreet, City�, Nebtaska 68803 [zip codc� ("property Address"); TOG�TH�R WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafler a part of the property. All replacements and additions shall also be covcrcd by this Sccurity Instrumcnt. All of thc forcgoing is rcfcrrcd to in this Sccurity Instrumcnt as thc "Property." BQRROWER COVENANI'S that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Properly is unencumbered, except for encumbrances of record_ Bonower wurranls and will defend generdlly ihe iitle lo lhe Properly againsl all cluims and demands, subjecl lo any encumbrances of record. THIS SECURITY INSTRi.TMENT combines unifonn covenants for national use and non-unifonn covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Borrowcr and Lcndcr covcnant and agrcc as follows: UNIFORM COVENANTS. 1. Pavment of Principal, Inteeest and Late Charge. Bonower shall pay when due the principal of, and in(eresl on, lhe debl evidencecl hy ihe Note und late charges due under the Nole. 2. Monthly Payment of Taaes, Insurance and Other Charges. Borrower shall include in each monthly payinent, 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 for insurance required under paragraph 4. In any year in which the Lender must pay a mortgagc insurancc prcmium to thc Sccrctary of Housing and Urban Dcvclopmcnt ("Sccrctary"), or in any ycar in which such prcmium would havc bccn rcquircd if Lcndcr still hcld thc Sccurity Instnuncnt, cach monthly paymcnt shall also include either: (i) a sum for the annual mortgage insurance premiwn to be paid by Lender to the Se�retary, or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary, in a re�asonable amounl lo be determined hy ihe �ecrelary. F,xcepl Cor ihe monthly charge by the Sec:retury, lhese items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." Lender may, at any time, collect and hold alnounts for Escrow Items in an aggregate ainount not to exceed the maximum amount that may be required for Borrower's escrow account under the Real �state Settlement Procedures Act of 1974, 12 U.S.0 Section 2601 et seq. and implementing regulations, 24 CPR Part 3500, as they may be amended from time to time ("RESPA"), except that the cushion or reserve permitted by RESPA for unanticipated disburscmcnts or disburscmcnts bcforc thc Borrowcr's paymcnts arc availablo in thc account may not bc bascd on amounts due for the mortgage insurance premium. �-4R(NE� (9601) Page 2 of8 Initials: �- " �° �