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201203231
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Last modified
4/25/2012 8:03:42 AM
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4/25/2012 8:03:41 AM
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DEEDS
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201203231
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20�20323� <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 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 5ecurity Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated Apri 1 18. 2012 . The Note <br />statesthatBonowerowesLender NINETY FOUR THOUSAND FIVE HUNDRED FIFTY AND <br />00/100 <br />Dollars (LT.S. $94, 550 . 00 ) plus interest. Borrower has promised to pay ttus debt in regular <br />Periodic Payments and to pay the debt in full not later than M a y 1, 2 0 4 2 . <br />(F1 "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Progerty." <br />(G) "loan" 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 Instrument, plus interest. <br />�H� "�iiders" �s al� Riders to this Security Instrument that are executed by Borrower. The following Riders <br />are tc� be executed by Iiasrrower felie.ck box as applicable]: <br />0 Adjustable Rate Rider � ConctomiIIivm Rider 0 Second Home Rider <br />0 BallOOn Rider Q Pta�ed Uait Development Rider � 1-4 Family Rider <br />Q VA Iti�tes Q Biweekly Payment Rider 0 Other(s) [specifjrl <br />(I) "Applicable I.aw" means ail controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable <br />judiciai opinions. <br />(J) "Community Association Du�, 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 />association or similar organizarion. <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 el�tronic terminal, telephonic instrument, <br />computer, or magneric tape so as to order, instruct, or authorize a financial institurion 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 iniriated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award 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 />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 condirion of the Property. <br />NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIfORM INSTRUMENT Form 3028 1/01 <br />VMP Q VMPBINE) (1105) <br />Walters Kluwer Flnancial Services Page 2 of 17 <br />
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