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200701002 (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party ha~ a~~urned BOlT()Wer'~ ()hligation~ under the Note and/or thi~ Security In~truTllent. TRANSFER OF RIGHTS IN TIll,: PI~( WFRTY The heneficiary of this Security Instrument i~ M]]~S (solely as nominee for Lcnder and Lender'~ ~ueee~sors and assigns) Imd the sU<,;<,;e~~or~ and assigns or Mr.:I<S, This SeeLLrily InslrUlllent se<';llre~ to Lender: (i) the repayment of the I ,oan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Sccurity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the followmg described property located in the County IType or Recording JurisdicLionl of HALL IName of Recording Jurisdiction): SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF. ParcellD NUlllbe," which currently has the addres~ of 4105 Manchester Road IStreetl GRAND ISLAND ICity! , Nebraska 688113 [Zip Code] ("Property Address"): '1'001 'Till m WITII all thc improvcments now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereaner a pilrt of the properly All repl(lcements and additions shall also be covered by this Security Instrument. All or the roregoing is referred to in this Security Instrulllent as the .'Property." Borrower understands and agrees that MERS holds only legal title to the interest granted by Borrower in this Security Instrumcnt, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the fight: to excreisc any or all of thosc interests, including, but not limited to, the right to foreclose and sell the Property: and to take any action required of Lender mcluding, but not limited to, releasing and canceling this Security Instrumcnt. BORROWER CCJVENANTS that Borrower is lawtully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except ror encumbrances or record, llorrower warrants and will dcfcnd gencrally the title to the Property against all claims and demands, subject to any encumbrances or record, THIS SFCIJlUry INSTRUMENT combines unifoffil covenants for national use and non- unif<lfIn covenants with limited variations hy jurisdiction to constitutc a unil<lfIn security instrument covering real property. 'UNIFORM COVENANTS. Bon'Ower and I ,ender covenant and agree as follows: NEBRASKA - Single Family - Fannie MaelI'hddie Mac L'HFORM IriSTRIJMENT WITH MERS VMI'-6A(NE) (0407).01 Page J of 16 I;ol'm 3028 1101 Inilial'~~__JJ!3._