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202303188
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Last modified
6/26/2023 4:26:25 PM
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6/26/2023 4:26:23 PM
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202303188
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2023031 88 <br />(Y) "UETA" means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in <br />which the Property is located, as it may be amended from time to time, or any applicable additional or <br />successor legislation that governs the same subject matter. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's <br />successors and assigns) and the successors and assigns of MFRS. This Security Instrument secures to <br />Lender (i) the repayment of the Loan, and all renewals, extensions, and modifications of the Note, and <br />(ii) the performance of Borrower's covenants and agreements under this Security Instrument and the <br />Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, IN TRUST, WITH <br />POWER OF SALE, the following described property located in the <br />County of HALL <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE PART HEREOF EXHIBIT A <br />which currently has the address of <br />1450 S GUNBARREL RD <br />GRAND ISLAND <br />[City] <br />[Street] <br />, Nebraska 68801-9048 ("Property Address"); <br />[Zip Code] <br />TOGETHER WITH all the improvements now or subsequently erected on the property, <br />including replacements and additions to the improvements on such property, all property rights, <br />including, without limitation, all easements, appurtenances, royalties, mineral rights, oil or gas rights or <br />profits, water rights, and fixtures now or subsequently a part of the property. All of the foregoing is <br />referred to in this Security Instrument as the "Property." Borrower understands and agrees that MERS <br />holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to <br />comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the <br />right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell <br />the Property; and to take any action required of Lender including, but not limited to, releasing and <br />canceling this Security Instrument. <br />BORROWER REPRESENTS, WARRANTS, COVENANTS, AND AGREES that: (i) <br />Borrower lawfully owns and possesses the Property conveyed in this Security Instrument in fee simple <br />or lawfully has the right to use and occupy the Property under a leasehold estate; (ii) Borrower has the <br />right to grant and convey the Property or Borrower's leasehold interest in the Property; and (iii) the <br />Property is unencumbered, and not subject to any other ownership interest in the Property, except for <br />encumbrances and ownership interests of record. Borrower warrants generally the title to the Property <br />and covenants and agrees to defend the title to the Property against all claims and demands, subject to <br />any encumbrances and ownership interests of record as of Loan closing. <br />NEBRASKA --Single Family — Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 07/2021 <br />Page 4 of20 <br />111111I 11111111111111111111191111 I11, <br />11191111111,1111P1111111 <br />IlIllIIQ111q111�l111llll <br />
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