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201008� <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />5ecurity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in <br />trust, with power of sale, the following described property Iocated in the <br />County af Hall : <br />[fype of Recording Jurisdiction] [Nama of Recording Jurisdlctlon] <br />Lot Two (2), Block Ten (10), in Ashton Place, an Addition to the City of Grand Island, Hall County, <br />Nebraska. <br />which currently has the address of <br />Grand Island <br />Icityl <br />2407 W. Koenig St. <br />[Street] <br />, Nebraska 68803 ("Property Address"): <br />[Zip Cvde] <br />TOGETHER WITH all the improvements raow 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 <br />be covered by this Security instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Praperty." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the <br />right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of <br />record. Borrower warrants and will defend generally the tztle to the Property against all claims and demands, <br />subject to any encumbrances of record. <br />'I'HIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real <br />property. <br />NEBRASKA- Single Family - FannieMae/FreddieMac UNIFORM INSTRUMENT <br />Form 30281/01 <br />Laser Forma Inc. (800) 446-3555 <br />LFI#FNMA3028 4/D2 Page3 of 13 I�ItIaIS: _ <br />