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<br /> 200709487 e
<br /> SPECIAL WARRANTY DEED
<br />
<br />
<br />
<br />FEDERAL NATIONAL MORTGAGE ASSOCIATION (a/k1a FANNIE MAE) organized and existing
<br />under the laws of The United States of America, GRANTOR,
<br />in consideration of ONE DOLLAR ($1.00) AND OTHER VALUABLE CONSIDERATION
<br />received from GRANTEES, DAWN M. PEARD
<br />conveys to GRANTEE, the following descrIbed real estate (as defined in Neb. Rev. Stat 76-201):
<br />
<br />~"'\
<br />~
<br />
<br />Lot One (1), Block Nine (9), In the Original Town, now City of Grand Island, Hall County,
<br />Nebraska.
<br />
<br />Grantee herein shall be prohibited from conveying captioned property to a bonaflde
<br />purchaser for value for a sales price greater than $63,600.00 for a period of 3 months from
<br />the date of this deed. Grantee shall also be prohibited from encumbering subject property
<br />with a security interest in the principal amount of greater than $63,600.00 for a period of 3
<br />months from the date of this deed. These restrictions shall run with the land and are not
<br />personal to Grantee. This restrlcUon shall terminate Immediately upon conveyance at any
<br />foreclosure sale related to a mortgage or deed of trust.
<br />
<br />GRANTOR covenants Oointly and severally, if more than one) with GRANTEE that GRANTOR:
<br />
<br />(1) It warrants that it will defend the tItle to the above real estate against the lawful claims of all
<br />persons claiming by, through and under grantor, but not otherwise;
<br />(2) That the real estate is free from encumbrances, except easements, restrictions, reservations,
<br />and covenants of record; and
<br />(3) By accepting this Special Warranty Deed, grantee acknowledges that he has had adequate
<br />opportunity to inspect the property conveyed herein as well as all Improvements located
<br />thereon. Except as specifically set forth in this Special Warranty Deed this conveyance is
<br />made without warranty or representation, either express or implied and is on an "AS IS. and
<br />"WHERE IS" basis.
<br />
<br />EXECUTED: Oc tober 31 s t ,2007
<br />
<br />1 . l' " . '~ f "
<br />t :I" ',' ,j "i' :~l'/'I.11
<br />""', /ih/,.',
<br />I r ~, ~.t:,. ~.,,:", ~
<br />. ". .:> FEDERAL NA TIONA
<br />-:~~aJkla FANNIE MAE
<br />
<br />(corporate seal)
<br />
<br />
<br />."."
<br />
<br />
<br />BY
<br />
<br />STATE OF TEXAS
<br />COUNTY OF DALLAS
<br />
<br />On this 31 st day of October .2007, before me, the undersign~t~~artin
<br />Public, duly commissioned and qualified for in said County, personally came Vlt.;~ President
<br />
<br />.
<br />of FEDERAL NATIONAL MORTGAGE ASSOCIATION a/k1a
<br />FANNIE MAE, to me known to be the identical person or persons whose name Is or names are
<br />affixed to the foregoing instrument and acknowledged the execution thereof to be his, her or their
<br />voluntary act and deed. Witness my hand and Notarial Seal the day and ear last above written.
<br />
<br />My Commission Expires: July 31,2010
<br />
<br />
<br />"
<br />
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