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20120�0�0 (C) "Lender"isHome Federal Savings and Loan Assn of Grand Island I.ender is a Savi ngs and Loan organized and existing under the laws of Th e S t a te o f N eb 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 Insmiment. (D) "Trustee" is Arend R Baack, Attorney (E) " Mote" means the promissory note signed by Borrower and dated F e b r u a r y 0 8, 2 012 . The Note states that Borrower owes Lender ONE HUNDRED TEN THOUSAND SIX HUNDRED AND 00/100 Dollars (LT.S. $ I10 , 600 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later ttuw March 1, 2027 . (F) "Properly" means the property that is described below under the heading "Transfer of Rights in the Properiy." (G) "�.oan" means the debt evidenc�ed by the 1Vote, plus interest, a�}� prep�yment charges and late charges due under the Note, and a11 sums due �mder this Security Instrument, plus interest. (H� "Riders" means all Riders to this Security Instrument that are ex�cut� by Borrower. The follo�ving Riders are to be executed by Borrower [chectc box as applicable]: ��d.justable Rate Rider 0 Condamuuum Rider 0 S�nd Home Rider 0 Balloon Rider 0 Plamied Unit Development Rider Q I-4 Family Rider 0 YA Ricier Q Biweekly Payment Rider 0 Other(s) [specify] (li "Applicabte� !aw" means all controlling appticable federal, state and locai statutes, regulations, ordinances and administrarive rules and erders (that ha.ve the effect of Iaw) as we11 as all applicable final, non-appealahle judiciat opinions. (J) "Community Associatian Dues, Fees, ar�d Assessments" aieans alI dues, f�s, assessments and other chazges tbat are imposed on Borrower or the Property by a condominium association, hom�wners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transacrion originated by check, draft, or similar paper instrument, which is iniriated 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 transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that aze described in Secrion 3. lM) "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 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-Fannfe Mae/Fraddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NE) (t 105) Wolters Kluwer Financia� Services Page 2 of 17