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202501690
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Last modified
4/4/2025 4:15:31 PM
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4/4/2025 4:15:29 PM
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202501690
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202501690 <br />(R) "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 <br />or successor legislation that governs the same subject matter. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender (i) the repayment of the Loan, and all renewals, <br />extensions, and modifications of the Note, and (ii) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably <br />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 />Lot One (1), Block Three (3), Elm Place Addition to the City of Grand Island, Nebraska, and its <br />complement describedas follows: A triangle piece of ground in the Southwest corner of Lot Twelve (12), <br />in the County Subdivision of theSoutheast Quarter of the Southwest Quarter (SE1/4 SW1/4) of Section <br />Sixteen (16), in Township Eleven (11) North,Range Nine (9) West of the 6th P.M., Hall County, <br />Nebraska, described as follows:Commencing at the iron pin in the SW corner of said Lot Twelve (12); <br />thence running North along the West side ofsaid Lot, 16.7 feet: thence South on a line parallel with the <br />West line of Block Three (3), in Elm Place Addition, 19.2feet to the South side of said Lot Twelve (12); <br />thence West, 9.5 feet along said South line to the point of beginning,being a right angle with a base 19.2 <br />feet. <br />which currently has the address of 1303 W DIVISION ST GRAND ISLAND, NE 68801 <br />[Street] <br />GRAND ISLAND , Nebraska 68801 ("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." <br />BORROWER REPRESENTS, WARRANTS, COVENANTS, AND AGREES that: (i) <br />Borrower lawfully owns and possesses the Property conveyed in this Security Instrument in fee <br />simple or lawfully has the right to use and occupy the Property under a leasehold estate; (ii) <br />Borrower has the right to grant and convey the Property or Borrower's leasehold interest in the <br />Property, subject to any existing senior encumbrances; and (iii) the Property is unencumbered, and <br />not subject to any other ownership interest in the Property, except for encumbrances and ownership <br />interests of record. Borrower warrants generally the title to the Property and covenants and agrees <br />NEBRASKA --Single Family --Freddie Mac/Fannie Mae <br />Form 3800.28 12/2023 <br />STANDARDIZED SUBORDINATE DOCUMENT Page 3 of 13 <br />
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