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2oiooss~i TRANSFER OF RIGHTS IN THE PROP1~RTY The beneficiary of this Security Instrument is MGRS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MFRS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and rnodiftcations of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this puxpase, Borrower nxevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of HALL : Lot Eighty-three (83) in West Lawn, an addition to the City of Grand Island, HaII Couuty, Nebraska which currently has the address of 1714 N®F.TH GRAND ISLAND AVENUE [Street] GRAND ISLAND ,Nebraska d8803 ("Property Address"): [City] [Zip Cade] TOGETHER WITH all the improvements now ox hereafter erected. on the property, and all easements, appurkenances, and fixtures now or 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." Borrower 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 requvred of Lender including, but not limited to, releasing and canceling, this Security Instrument. BORROWER COVENANTS that Borrower is lawfully 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 Froperiy against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT 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 Forts 3028 1/01 (page 3 of 14 pages) GV2p23.HP I IIIIII VIII VIII VIII VIII VIII VIII Ilill VIII VIII IIII IIIIIII III IIIIII VIII VIII VIII IIII IIII ~, ~, [] 1 2 4 4 1 8? G V~~ 2 3 ~ ~..L J~