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~o~oosso~ TRANSFER 1JT' RIGIITS IN TIIE PROPERTY The beneFiciary of this Security Instrument is .MFRS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS- This Security Instntment seciues 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 Instn~ment and the Note_ For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of HALL Lot Seven (7), Block Une Hundred Tt„ienty-seven (127) in IInion Pacific Railway Company's Second Addition to the City of Grand Island, Hall County, I~Tebraska which arrrently has the address of , _112 EAST 7TH. STREET [Street] GRAND ISLAND _ ,Nebraska 68801 _ ("Property Address")~ --...~ .__ [City] ~ -_...... ~_. [2ip ("ode] TOGI=:THER WITH all the improvements now or hereafter erected on the property, and all easements, appiutenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instntment. All of the foregoing is referred to in this Security Instrument as the "Property." $orrower understands and agrees Thai MT'RS 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 Properly; and to take any action required 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 io 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 Properly against all clairr~s and demands, subject to any encumbrances of record. 1'IITS SECURITY INSTRUMENT combines uniforn covenants for national use and non-uniform covenants with limited variations by jurisdiction to conslitutc a uniforn security instrument covering real property. NEBRASKA--Single Family--Faw~ie Mae/I'reddie Mac IJNII'ORM INS1`R'IJMENT Foru~ 3028 1/01 (page .I of 14 pages) GVI2Id23.HP II I (IIIIII IIIIIIIIIIIIIIIIIIIIVIIIIIIIIVIIIVIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII 1 1 Q 1 2 4~ 7 7 7 G V 2 l7 2 3 ~r~G. c~. s ~~.