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20120609� <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />T'his Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, e�ctensions and <br />modifications of the Note; and (ii) the performance of Bonower's covenants and agreements under this <br />Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to Trustee, in <br />trust, with power of sale, the following described property located in the <br />County of Hall : <br />[Type ot Recording Jurisdicdon] [Name of Recording Jurisdiction] <br />Unit Two (2) in Morningside �Ila's Condominium Properly Regime I, in the City of Grand Island, Hall <br />County, Nebraska, as shown on the plat and plan for Morningside �Ila's Condominium Property Regime I <br />and the Declaration thereof, and any amendments thereto, and subject to the Declaration, grants, <br />convenants, easements, conditions and restrictions establishing a plan for condominium ownership of <br />Morr�ingside Villa's Condominium Properly Regime I, as set forth therein and of record as Instrument # <br />95-103722, and amendments thereto recorded as Instruments #98-100432, and #200403437, all as <br />contained in the records of the Register of Deeds of Hall County, Nebraska <br />which currently has the address of <br />Grand Island <br />[C�y] <br />1522 Stagecoach Rd <br />�sa�� <br />, Nebraska 68801 ("Property Address"): <br />[Zip Code] <br />TOGETHER 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 <br />be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />��R, �� <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the <br />right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of <br />record. Borrower warrants and will defend generally the title to the Property against all claims and demands, <br />subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real <br />property. <br />NEBRASKA- Single Family - FannieMae/FreddieMac UNIFORM INSTRUMENT <br />Form 30281/01 <br />Laser Forms Inc. (800) 446-3555 <br />LFI #FNMA3028 9/11 Page 3 of 13 Initia . <br />