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201204943 1111063693 (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the CoIINTY (Type of Recording Jurisdiction) of HALL (Name of Recording Jurisdiction) THE NE 1/2 OF LOT FOIIRTLEN (14) AND LOT FIFTEEN (15), EXCEPT THS NR 20 FBET THER]30F, IN BLOCR THREE (3), SBCOND ADDITION TO HOLCOMB'3 HIGHWAY HOMES SIIBDIVISION TO THL CITY OF GRAND ISLAND, HALL COIINTY, NEBRA3RA, MORL PARTICIILARLY DE3CRIB13D AS FOLLOWS: CONIIKENCING AT THB SOIITHWE3TERLY CORNER OF SAID LOT 14: THENCE NORTIiEA3TERLY ALONG THE NORTHBRLY RIGHT OF WAY OF WYANDOTTE STREET FOR 42.30 FEET TO THE POINT OF BEC3INNINQJ THENCS NORTHWEST$RLY AND PARALLEL TO THE WESTERLY PROPERTY LINE OF SAID LOT 14 FOR 116.1 FLET TO A POINT ON THE NORTHERLY PROPERTY LINE OF SAID LOT 14; THL+NCB NORTHBASTERLY ALONG THE NORTHERLY PROPLRTY LINE OF SAID LOT 14 FOR 36.7 FBET TO THE NORTHEASTERLY CORNLR OF 3AID LOT 14; THENC7i NORTHERLY ALONG THE WE3TSRLY PROPERTY LINg OF 3AID LOT 15 FOR 22.1 FEET TO THE NORTHWE3TERLY CORNER OF SAID LOT 15; THENCF NORTHEASTERLY ALONC3 THE NORTHERLY PROPERTY LINE OF SAID LOT 15 FOR 55.00 F13LT TO A POINT 20 FEET WL3T13RLY FROM THB NORTHEASTBRLY CORNER OF SAID LOT 15 = T$23NC13 SOIITHBASTBRLY AND PARALLEL TO THE EA3TERLY PROPERTY LINE OF 3AID LOT 15 FOR 138.2 FEET TO A POINT ON THE NORTHBRLY RIGHT OF WAY OF WYANDOTTE 3TREET; THENCL SOIITHWBSTERLY ALONG THE NORTHERLY RIGHT OF WAY OF WYANDOTTB STRBBT 105.3 FEET TO TH� POINT OF BBC3INNINC3. which cunently has the address of 412 WYANDOTTE 3T, GRAND ISLAND, NE 68801 ("Property Address"). 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 addifions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that MERS hold 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 Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for ettcumbrances 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 NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM IIVSTRUMENT � 338.8 Page 3 of 14 Form 3028 1/Ol