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202004370 <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors <br />and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the <br />repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of <br />Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, <br />Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described <br />property located in the <br />County of Hall <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />A tract of land comprising a part of the East Half of the Northeast Quarter (E1/2 NE1/4) of Section Twenty <br />Four (24), Township Twelve (12) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, more <br />particularly described as follows: Beginning at a point on the East line of said Section Twenty Four (24), <br />said point being Four Hundred Ninety Eight and Six Hundredths (498.06) Feet North of the Southeast <br />corner of said Northeast Quarter (NE 1/4); thence Northerly along the East line of said Section Twenty <br />Four (24) on an assumed bearing of Due North, a distance of 1,101.61 Feet; thence South 69°11'06" West, <br />a distance of 149.92 feet; thence South 18°09'35" East a distance of 143.96 feet; thence South 34°36'23" <br />West a distance of 220.52 feet; thence South <br />67°04'55" West a distance of 111.6 feet; thence South 76°40'51" West, a distance of 86.53 feet; thence <br />South 83°14'01" West a distance of 150 feet; thence Due South a distance of 654.3 feet; thence North 89° <br />27'06" East, a distance of 556.48 feet to the place of beginning. <br />which currently has the address of 5688 N Webb Rd <br />[Street] <br />Grand Island , Nebraska 68803 ("Property Address"): <br />[City] [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 />"Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by <br />Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for <br />Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, <br />but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender <br />including, but not limited to, releasing and canceling this Security Instrument. <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 - Fannie M <br />INSTRUMENT <br />FORM 3028 1/01 Initials <br />Laser Forms Inc. #FNMA3028-MERS 5/05 <br />Freddie Mac UNIFORM <br />Page 3 of 13 <br />