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<br />200700651 <br /> <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that <br />party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <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 <br />the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's <br />covenants and 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 property located in the County of <br />HALL <br /> <br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF. <br /> <br />which currently has the address of 311 WEST 17TH STREET <br /> <br />[Street] <br />, Nebraska 68801 ("Property Address"): <br />[Zip Code] <br /> <br />GRAND ISLAND <br /> <br />L City] <br /> <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 be <br />covered by this Security Instrument. All ofthe foregoing is referred to in this Security Instrument as the "Property." <br />Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this <br />Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's <br />successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, thc right <br />to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing <br />and canceling this Security Instrument. <br /> <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 record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any <br />encumbrances of record. <br /> <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants <br />with limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br /> <br />NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />GV2023.HP <br /> <br />Form 3028 1101 (page 3 of 14 pages) <br /> <br />'1l~1\) <br />