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�0120097 (C) "Lender"isHome 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 S t a t e o f N e b r a s k a 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 signerl by Borrower and dated F e b r u a r y 0 3, 2 012 . The Note states that Borrower owes Lender ONE HUNDRED SEVENTY THOUSAND SEVEN HUNDRED FIFTY AND 00/100 Dollars (U.S. $170 , 750 . 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 M a r c h 1, 2 0 2 7 . (F) "Property" means the property that is d�ribed below under the heading "Transfer of Rights in the Properiy." (G) "Lo�n" 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 ex�uted by Bonower. The following Riders aze to be ex�utefl by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider � Second Home Rider � Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider 0 VA Rider 0 Biweekly Payment Rider � Other(s) [sp�ify] (1) "Applicable Law" means all controlling applicable ferleral, state and local statutes, regulations, ordinances and administrative rules and orders (that have the eff�t of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, f�s, assessments and other charges that are imposed on Bonower or the Property by a condominium association, homeowners association or similaz organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaz paper instrument, wluch is initiated through an electronic 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 limited 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 aze described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any third pariy (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-Single Family-Pannie Mae/Freddie Mec UNIFORM INSTRUMENT . Form 3028 1/01 ` VMP p VMP61NE1 (1106) Wolters Kluwer Financial Services Page 2 of 17