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201200610 (C) "Lender"isHome Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and elcisting under the laws of Th e S t at e o f N eb r a s k a Lender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Se.curity Insmiment. (D) "Trustee" is Arend R Baack, Attorney l Ei "Note" means the promissory note signed by Borrower and dated J a n u a r y 18 , 2 012 . The Note statesthatBonowerowesLender FOUR HUNDRED SEVENTEEN THOUSAND AND 00/100 Dollazs (U. S. $ 417 , 0 0 0. 0 0 ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than Feb r u a ry 1, 2 02 7. (F) "Property" means the property that is described below under the heading "Trausfer of Rights in the Froperiy.» (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that aze executed by Borrower. The following Riders are to be ex�ted by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condomimum Rider 0 Second Home Rider 0 Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider � VA Rider Q Biweekly Payment Rider � Other(s) [specify] (p "Applicable Law" means all controlling applicable federal, state and local statutes, regularions, ordinances and administrative niles and orders (that have the effe�t of law) as well as all applicable final, non-appealable judiciai opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposefl on Borrower or the Property by a condominium association, homeowners association or similar organizarion. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transacrion originated by check, draft, or similaz paper instrument, which is iniriated through an electronic terminal, telephonic instnunent, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that aze described in Secrion 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value andlor condition of the Property. NEBRASKA-Singie Family-Fann(e Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP Q VMPB�NE) (1105) Wolters Kluwer Finandal Services Page 2 of 17