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201107684
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Last modified
10/14/2011 3:04:58 PM
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10/14/2011 3:04:58 PM
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201107684
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2U1�07684 <br />1111059937 <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors <br />and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the <br />repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance <br />of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, <br />Borrower inevocably grants and conveys to Trustee, in trust, with power of sale, the following described <br />property located in the COiJNTY (Type of Recording Jurisdiction) of EiALL (Name of Recording Jurisdiction) <br />A TRACT OF LAND COMPRISINC3 A PART OF THE SOUTBWEST QUARTER (SWl/4) OF <br />3ECTION 11, TOWN3HIP 12 NORTH, RANQE 9 WSST OF THE 6TH P.M., HALL COUNTY, <br />NESRASRA, 3AID TRACT SIsING MORE PARTICIILARLY DS3CRIBED A3 FOLLOWS: WITH <br />REFERENCE TO THE NW CORNER OF SAID SW1/4 (THE WEST 1/4 CORNER)j THLNCE <br />RIINNINC3 ON AN ASSUMED B$ARING OF SOUTH 00 DEC�RSES 00'00" EAST ON THE WLST <br />LINF� OF SAID SW1/4 FOR A DISTANCL OF 165.00 FLET TO THE ACTIIAL POINT OF <br />BEGINNINC�p THENCE CONTINIIINCa� 30UTH 00 DEC�RLES 00' 00" EAST ON TH�S WE3T <br />LINE OF SAID SWl/4 FOR A DISTANCL OF 1156.99 FSLTS TSENCE NORTH 87 <br />DEGRSBS 59'O1" EA3T FOR 1386.29 FBET= THBNCE 30IITH 02 DEGREES 00'59° FAST <br />FOR 214.00 F8l3T{ TFiENCE NORTH 87 DEGREL3 10'46" SA3T FOR 226.87 FELT; <br />THENCE 30UTH 02 DEGRBES 53'36° EAST FOR 136.44 FLETj THBNCE N'ORTH 37 <br />D13f3RZ3E3 31'07" EA3T FOR 212.92 FESTp TBh'NCE SOIIT$ 41 DEGREE3 58'19" EA3T <br />FOR 80.21 FBSTj THENCE NORTH 57 DBCiRFsEB 23'OS" L�'AST FOR 42.90 FSETf <br />TF3ENC}3 NORTH 21 DEC3RLL8 05' 14° SAST FOR 123.25 FBLTp TEiENCS NORTH 06 <br />DLGRLE3 53'10" WS3T FOR 463.14 FB�T; THSNCE NORTH 82 DEGREES 33'14" EAST <br />FOR 369.16 FET$Tj THENCIa NORTH 63 DLdRE133 53'56" EA3T FOR 181.25 FEET� <br />THENCE NORT$ OS DEC�R8E8 54'S3" EAST FOR 214.91 FELT) T$SNCE NORTH 22 <br />DEf3R}3LS 47'38" EA3T FOR 87.45 FLLTp T$LNCE NORTS 05 DSdRSE3 26'43" L�'AST <br />FOR 407.21 FEPsT TO A POINT ON T8L NORTH LINB OF 3AID SW1/41 TH$NCE NORTH <br />88 DEdRESS 09'52" WE3T ON TSE NORT$ LINF OF SAID 3W1/4 FOR 847.73 FLLTj <br />THENCE 30IITH O1 DEGRELS 50'08° WEST FOR 259.78 FEETp THENCE NORT$ 88 <br />DSC�REES 09' 52" WS3T FOR 443 . 59 FS$Ty T$h'NCE SOIITH 87 DECa�Rh'ES 05' 57" WEST <br />FOR 948.28 FESTj THENCE NORTH 51 DEGREES 03'56" WE3T FOR 287.08 FEET TO <br />TH}3 POINT OF BEC3INNINC3. <br />which currently has the address of 7250 N 3KY PARR ROAD, GRAND I3LAND, NE 68801 <br />("Property Address"). <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security <br />Instrument as the "Property." Borrower understands and agrees that MERS hold only legal title to the <br />interests granted by Bonower in this Security Instrument, but, if necessary to comply with law or custom, <br />MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of <br />those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any <br />action required of Lender including, but not limited to, releasing and canceling this Security Instrument. <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and <br />has the right to grant and convey the Property and that the Property is unencumbered, except for <br />NEBRASKA—Single Family—Fannie Mae/Freddle Mac UNYFORM INSTRUMENT <br />� 338.5 Page 3 af 15 Form 30281/Ol <br />
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