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20003'786 <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MFRS (solely as ;nominee for Lender and Lender's successors and <br />assigns) and the successors and assigns of MFRS. 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, :ut trust, with power of sale, the following described property located in the County of <br />HALL <br />Lot Nine (9) and the West Four and Eight Tenths (4.$) feet of Lot Ten (10), <br />Block Eightq-seven (87) Wheeler and Bennett's Fourth Addition to the City <br />of Grand Island, Nebraska Hall County, Nebraska. <br />which currently has the address of 210 WEST 16TH STREET <br />GRAND ISLAND <br />[Street] <br />Nebraska 68801 ("Property Address"): <br />[Zip Code] <br />[City] <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 of the foregoing is referred to in this Security Instrument as the "Property." <br />Borrower understands and agrees that MFRS holds only legal title to the interests granted by Borrower in this <br />Security Instrument, but, if necessary to comply with law or custom, MFRS (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, the 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 />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the <br />right tc 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 />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 />NFBxtASKA--Single Family--Fanmie Mae/Freddie Mac UNIFQRM INSTR.[7MENT <br />GV2023. HP <br />I (VIII VIII VIII VIII VIII VIII (IIII VIII VIII VIII IIII IIIIIII III IIIIII VIII VIII (IIII IIII IIII <br />1 1 Q 1 19 8 9 7 G V 2l7 2 3 <br />Forms 3028 1./OX (page 3 of 14 pages) <br />~~ <br />