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2012007�0 (C) "Lender"isNome Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and existing under the laws of T h e St at e o f N eb r' a s k d Lender's address is 221 South Locust St Grand I sl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Bonower and dated J a n u a ry 2 3, 2 012 . The Note statesthatBonowerowesLender ONE HUNDRED SIXTY SEVEN THOUSAND AND 00/100 Dollars (U.S. $16 7, 0 0 0. 0 0 ) plus interest. Bonower has promised to pay this debt in regulaz Periodic Payments and to pay the debt in full not later than F e b r u a r y 1, 2 0 2 7 . (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (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 Ue executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider � Sec:ond Home Rider � Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider 0 Other(s) [sp�ify] (p "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrarive rules and orders (that have the eff�t of law) as well as all applicable final, non-appealable judicial opinions. (J) "Commun'rty Association Dues, Fees, and Assessments" means all dues, fces, assessments and other charges that aze impose�i on Borrower or the Property by a condominium association, homeowners associarion or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instnunent, which is initiated through an el�tronic terminal, telephonic instrument, 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 lunited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, awazd 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 a11 or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP p VMP6(NEI (1106) Wolters Kluwer Financlal Services , Page 2 of 17