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<br />202402551
<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 and
<br />assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender (i) the repayment of the
<br />Loan, and all renewals, extensions, and modifications of the Note, and (ii) the performance of Borrower's covenants
<br />and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and
<br />conveys to Trustee, IN TRUST, WITH POWER OF SALE, the following described property located in the County of
<br />Hall:
<br />Lot One (1) Jack Bailey Subdivision in the City of Grand Island, Hall County, Nebraska except a tract
<br />of land deeded to the City of Grand Island, recorded as Document No. 78-000994 in the office of the
<br />Hall County Register of Deeds.
<br />Parcel ID Number: 0400013622
<br />which currently has the address of 720 W Stolley Park Rd
<br />Grand Island, NE 68801-7467 ("Property Address");
<br />TOGETHER WITH all the improvements now or subsequently erected on the property, including replacements
<br />and additions to the improvements on such property, all property rights, including, without limitation, all easements,
<br />appurtenances, royalties, mineral rights, oil or gas rights or profits, water rights, and fixtures now or subsequently a
<br />part of the property. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower
<br />understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security
<br />Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors
<br />and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose
<br />and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling
<br />this Security Instrument.
<br />BORROWER REPRESENTS, WARRANTS, COVENANTS, AND AGREES that: (i) Borrower lawfully owns
<br />and possesses the Property conveyed in this Security Instrument in fee simple or lawfully has the right to use and
<br />occupy the Property under a leasehold estate; (ii) Borrower has the right to grant and convey the Property or
<br />Borrower's leasehold interest in the Property; and (iii) the Property is unencumbered, and not subject to any other
<br />ownership interest in the Property, except for encumbrances and ownership interests of record. Borrower warrants
<br />generally the title to the Property and covenants and agrees to defend the title to the Property against all claims and
<br />demands, subject to any encumbrances and ownership interests of record as of Loan closing.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use with limited variations and non-
<br />uniform covenants that reflect specific Nebraska state requirements to constitute a uniform security instrument
<br />covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower will
<br />pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the
<br />Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security
<br />Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the
<br />Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments
<br />due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender:
<br />(a) cash; (b) money order; (c) certified check, bank check, treasurer's check, or cashier's check, provided any such
<br />check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or
<br />(d) Electronic Fund Transfer,
<br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (MERS) Form 3028 07/2021
<br />Page 4 of 18
<br />IDS, Inc. - 93193 Borrower(s) Initials '/�►f / /�I
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