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201102673 <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 />Security 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 located in the <br />County of Hall : <br />(Type of Recording Jurisdiction] [Name of Recording Jurisdiction� <br />Lot Fifteen (15), Block One (1), Ponderosa Lake Estates Subdivision in the City of Grand Island, Hall <br />County, Nebraska. <br />which currently has the address of <br />Grand Island <br />[City] <br />27 Ponderosa Dr <br />[Street] <br />, Nebraska 68803 ("Property Address"): <br />[Zip Code] <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 <br />be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property." <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 title to the Property against all claims and demands, <br />subject to any encumbrances of record. <br />THIS 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 INSTRUME T <br />Form 30281/01 � ; <br />Laser Forms Inc. (800) 446-3555 `�, ,� _ <br />LFI #FNMA3028 4IO2 Page 3 of 13 1111t121S � <br />