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201�021E� <br />(C) "Lender"isHome Federal Savings and Loan Assn of Grand Island <br />L,ender is a Savi ngs and Loan <br />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 <br />Lender's address is 221 South Locust St Grand Isl and NE 68801- <br />Lender is the beneficiary under this Security Insmiment. <br />(D) "Trustee" is Arend R Baack. Attorney <br />(E) "111ote" means the promissory note signed by Bonower and dated M a r c h 16 , 2 012 . The Note <br />states that Borrower owes Lender NINETY THOUSAND AND 00/100 <br />Dollars (U.S. $ 9 0. 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than Ap r i 1 1, 2 0 2 7 . <br />(F} "Property" means the property that is described below under the heading "Transfer of Rights in the <br />�I�rtY- ° <br />(G) "Eo�rr" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />under the Note, and all sums due under this Security Instivment, plus interest. <br />(H) "Ridees" means all Riders to ttiis Security Instrument that are ex�uted by �orrower. The following Riders <br />are to T� executed by Borrower [che,ek Tmx as applicable]: <br />� Adjustable R�te Rider 0 Condominium Rider � Second Home Rider <br />Q Batl�n Rider Q P}anaec� Unit I1eveIopment Rider � 1-4 Family Rider <br />Q VA Rider � Biw�kly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable !aw" means a11 controlling applicable federal, state and local statutes, regulations, orctinances <br />and admiaistrarive rciles and orders (tbat have the effect of law) as well as all applicable final, non-appealable <br />juc�icial opinions. <br />(J) "Cammunity Association Dues, Fees, and Assessments" means alI dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similaz paper instrument, which is initiated through an electronic terminal, telephonic instrument, <br />computer, or magneric tape so as to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such term includes, but is not limitai to, point-of-sale transfers, automated teller machine <br />transactions, transfers iniriated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscetlaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by <br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />datnage to, or destruction of, the Property; (ii) condemnation or other taking of a11 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 condirion of the Property. <br />IVEBRASKA-Single Family-Fannie MaelFreddle Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMp Q VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 2 of 17 <br />