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201108700 1111061284 not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants aad conveys to Trustee, in trust, with power of sale, the following described property located in the CoIINTY (Type of Recording Jurisdiction) of HALL (Name of Recording Jurisdiction) A PART OF LOT FIVE (5), BLOCR TWO (2), STEWART PLACE 3IIBDIVISION OF A PART OF TH13 NORTHWE3T QIIARTSR OF TSE NORTHEA3T QIIARTER (NW1/4NE1/4) OF 3ECTION TWENTY NINE (29), TOWN3SIP ELEVEN (11) NORTH, RANGE NINE (9) WSST OF THE 6TH P.M., HALL COIINTY, NESRASRA AND MORE PARTICIILAItLY DE3CRISED A3 FOLLOW3: COMM$NCING AT THE 30IITHEAST CORNER OF 3AID LOT 5 AND RIINNINO NORTH ALONd AND IIPON THE EA9T SIDB OF SAID LOT 5 A DISTANCB OF 90 F$ET; TIIRNINf3 AND RIINNINC3 WS3T AND PARALLEL WITH T8E SOIITH SIDE OF SAID LOT 5, A DISTANCE OF 20 Fl3ET1 TIIRNINa AND RIINNINC3 30IIT8 AND PARALLEL WITH THB EA3T SIDE OF 3AID LOT 5 A DISTANCI3 OF 90 FEETp TIIRNINC� AND RIINNINC3 EA3T ALONG AND IIPON THE 30IITH SIDE OF SAID LOT 5 A DISTANCE OF 20 FEET TO TH8 PLACE OF BEC3INNINC3 AND A TRACT OF LAND IN THE NORTHWE3T QIIARTER OF T88 NORTHEAST QIIARTER (NW1/4NE1/4) OF 3ECTION TWBNTY NINB (29), TOWN3HIP ELEVEN (11) NORTH, RANC3E NINE ( 9) WE3T OF THE 6TH P. M. , HALL COIINTY, NEBRASRA MORE PARTICIILARLY DESCRIBED A3 FOLLOW3: BEC�INNINa AT A POINT THIRTY THREE (33.0) FEET WL3T AND 3I% HIINDRBD ONE (601.0) FEET 30IITH OF TS13 NORTHSAST CORNER OF THE NORTHWBST QIIARTgR OF THL NORTHEA3T QIIARTER (NW1/4NE1/4)p THENCE RIINNIN� WE3TERLY AND PARALLBL TO THL NORTH LINE OF THE NORT8WE3T QIIARTBR OF THE NORTHEA3T QIIARTBR (NW1/4N81/4), A DI3TANCS OF ONR HIINDRLD FIFTY (150.0) FEETp THENCE NORTSSRLY AND PARALLEL TO THE EAST BOIINDARY OF 3IICH 3ECTION A DI3TANCE OF NINETY (90.0) FLETt THENCE EA3TERLY AND PARALLBL TO THE NOATH BOIINDARY OF SIICH 3ECTION A DISTANCE OF ON13 HIINDRED FIFTY (150.0) FEET= THENCE SOIITIiERLY AND PARALLSL TO THE EAST LINE OF 3IICH S13CTION A DI3TANCE OF NINBTY (90.0) FEBT, TO TH13 POINT OF BEGINNING. which currently has the address of 2120 8 BLAINE 3T, C3RAND I3LAND, NE 68801 ("Property Address"). TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, 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." Bonower understands and agrees that MERS hold 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 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 to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Bonower wanants and will defend generally the title to the Property against all NEBRASKA—Single Family—Fannie Mae/Freddle Mac UPiIFORM INSTRUMENT � 338.5 Page 3 of 15 Form 30281/Ol