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200510063
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10/11/2005 2:06:06 PM
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10/11/2005 2:06:05 PM
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DEEDS
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200510063
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<br />Loan Number:9301233925 <br /> <br />200510063 <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 assigns) and <br />the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all <br />renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with <br />power of sale. the following described property located in the County of <br />[Type of Recording Jurisdiction] <br /> <br />HALL <br />[N ame of Recording Jurisdiction] <br />LOT 9, BLOCK 16, FAIRVIEW PARK ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br /> <br />Parcel 10: 0544007012 <br /> <br />which currently has the address of <br /> <br />1010 W 9TH STREET <br />(Street] <br /> <br />GRAND ISLAND <br />[City] <br /> <br />, Nebraska <br /> <br />68801 <br />[Zip Code] <br /> <br />("Property Address"): <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, <br />and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security <br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees <br />that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to comply <br />with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all <br />of those interests, including, 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 /> <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant <br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and <br />will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br /> <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br /> <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay <br />when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due <br />under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this <br />Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as <br />payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all <br />subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as <br />selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided <br />any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or <br />(d) Electronic Funds Transfer. <br /> <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />ITEM 26981.3 (0011)-MFRS (Page 3 of 12 pages) <br /> <br />Form 3028 1101 <br />GREATLAND. <br />To Order C.II: 1-800.530-9393 rJr", 616-791-1131 <br />
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