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202402882 <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 MERS. This Security Instrument secures <br />to Lender (i) the repayment of the Loan, and all renewals, extensions, and modifications of the <br />Note, and (ii) the performance of Borrower's covenants and agreements under this Security <br />Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, <br />IN TRUST, WITH POWER OF SALE, the following described property located in the <br />County of Hall <br />[Type of Recording Jurisdiction) [Name of Recording Jurisdiction] <br />Lot Five (5) In Fractional Block Two (2), in Evans Addition and its complement the Westerly Ten and Eight <br />Tenths (10.8) Feet of Fractional Lot Four (4) in Fractional Block Seven (7) in Lambert's Addition, all in the City <br />of Grand Island, Hall County, Nebraska. <br />which currently has the address of 903 E 7th St <br />[Street) <br />Grand Island , Nebraska 68801-2827 ("Property Address"): <br />[city) [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 <br />rights or profits, water rights, and fixtures now or subsequently a part of the property. All of the <br />foregoing is referred to in this Security Instrument as the "Property." Borrower understands and <br />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 <br />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 <br />Lender including, but not limited to, releasing and canceling this Security Instrument. <br />BORROWER REPRESENTS, WARRANTS, COVENANTS, AND AGREES that: (i) Borrower <br />lawfully owns and possesses the Property conveyed in this Security Instrument in fee simple or <br />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 <br />for encumbrances and ownership interests of record. Borrower warrants generally the title to the <br />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 <br />variations and non-uniform covenants that reflect specific Nebraska state requirements to constitute <br />a uniform security instrument covering real property. <br />NEBRASKA -Single Family - Fannie Mae/Freddie Mac UNIFORM <br />INSTRUMENT <br />FORM 3028 7/21Initials: . C12 <br />2 PP <br />Laser Forms Inc. #FNMA3028MERS 7/21 Page 4 of 21 <br />101 "' N 11111 <br />