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200905185 (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROI'I/RTY The beneficiary of this Security Instnuent is MERS (solely as nominee far Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Nate; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Nate. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the fallowing described property located in the County of HALL LOT TWO (2),BLOCK MNE (9), WALLICH'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA which currently has the address of _1205 WEST 8TH _STREET __~ _ _ _ _ . _......._....----......_..._..._.._.___ T..__---__ [Street] GRAND ISLAND __ , Nebraska 68$01 ("Property Address"): [City] [Zip Code] TOGETHER WITH all the improvements now ar hereafter erected an the property, and all easements, appurtenances, and fixtures now ar hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Harrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfixlly seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances afrecord. THIS SECURITY INS'1'RUMEN"f combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281/01 (page 3 of 1Apages) GV2Q23.T-TP ~~