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201200753 <br />(C) "Lender"isHome Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e St at e o f N ebr a s kd <br />Lender's address is 221 South Locust St Grand I sl and NE 68801- <br />Lender is the beneficiary under this 5ecurity Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />( E) "Note" means the promissory note signe� by Bonower and dated J a n u a r y 2 3. 2 012 . The Note <br />states that Bonower owes Lender ONE HUNDRED FOUR THOUSAND SEVEN HUNDRED TEN <br />AND 00/100 <br />Dollazs (U. S. $10 4, 710 . 0 0 ) plus interest. Bonower has promised to pay this debt in regulaz <br />Periodic Payments and to pay the debt in full not later than F ebr u a ry 1, 2 037 . <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late chazges due <br />under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security Instrument that aze executed by Bonower. The following Riders <br />are to be ex�uted by Borrower [che,ck box as applicable]: <br />0 Adjustable Rate Rider 0 Condominium Rider � Second Home Rider <br />0 Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider � Biw�kly Payment Rider 0 Other(s) [specify] <br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the effe�t of law) as well as all applicable final, non-appealable <br />judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />associarion or similaz organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by ch�k, <br />draft, or similar paper instrument, which is initiatefl through an el�tronic terminal, telephonic instrument, <br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine <br />transactions, transfers initiaterl by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that aze described in S�tion 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by <br />any third party (other than insurance procceds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />NEBRASKA-Single Family-Fannie Mae/Fr�idie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (1105) <br />Woltera Kluwer Financial Services Page 2 of 17 <br />