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201201943 (C) "Lender" � Home 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 Isl 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 M a r c h 0 9. 2 012 . The Note statesthatBonowerowesLender EIGHTY NINE THOUSAND AND 00/100 Dollars (U.S. $ 89 , 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 A p r i 1 1. 2 0 2 7 . (F) "Property" means the property that is deseribed Uelow under the heading "Transfer af Rights in the Property." (G) "Loan" means the debt evidenced by tire 1�1ote, plus interest, any prepayment charges and late charges due under the Note, and alI sums due under this Security Instrument, plus interest. (H) "Riders° means aII Riders to this Security Instrument that are exe.cuted by Borrower. The following Riders are to be executect by Borrower [cfi�k bcrr as apglicable]: 0 A�djusta�le Rate Rider 0 Co�minium Rider 0 Second Home R'tder 0 Ba1Tcw� Rider � Plannec� iJnit Development Rider 0 I-4 Family Rider � VA Rirler � Biwee�ty Payment Rider 0 Other(s) [specify] (1) "Applicable Law" means all controllffig applicable federal, state and Iocal statutes, regulations, ordinances and administrarive n�les and orders (that have the effect of law) as well as a11 applicable fina1, nan-appealable judiciat opimons. (Jy "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners associarion or similar organiza.tion. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial insritution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers iniriated 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, award of damages, or procceds paid by any third party (other than insurance praceeds paid under the coverages described in Secrion 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 and/or condition of the Property. NEBRASKA-Single Femily-Fannie Mae/Freddie Mec UNIFORM INSTRUMENT Form 3028 1/01 VMP p VMP6INE) (7105) Wolters Kluwer Flnancial Services Page 2 of 17