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2Q1203359 <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 St a te o f Ne 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) "Note" means the promissory note signed by Borrower and dated Apri 1 30 , 2012 . The Note <br />states that Borrower owes Lender TWO HUNDRED SEVENTEEN THOUSAND FOUR HUNDRED <br />FIFTY FIVE AND 00/100 <br />Dollars (U.S. $217, 455 . 00 ) plus interest. Borrower has pmmised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than May 1. 2042 . <br />(� "Property" means the property tL� is described below under the heading "Transfer of Rights in the <br />Property " <br />(G) "toan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />under the Nate, and all sums due under this Se�urity Instrument, plus interest. <br />(H1 "Riders" � att Riders to thi� S�curity instr�__*�^t that are executed by Borro�a+er. Th� following Riders <br />are to l� e�utec� by Borrower �eheel� bcrx as appticablej: <br />0 A�djustable Rate Rider ��oa�ominium Rider 0 Second Home Rider <br />0 Bal�oon Rider 0 Fia�� Uait Development Rider 0 1-4 Fazmly Ric�er <br />0 VA Rider 0�iw�kly Payment Rider 0 Other(s) [sp�ifYl <br />(I) "Applicable Law" means aI� controlling applicable federat, state and locat statutes, regulations, ordinances <br />and administrative rules and orders (that have the eff�t of law) as well as ali applicable final, non-appealable <br />judicial opinions. <br />(J) "Commarc�ityt Associateon Du�, �, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Bonower or the Progerty by a condominium assaciation, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by ch�k, <br />draft, or similar paper instrument, which is iniriated through an electronic terminal, telephonic instrument, <br />computer, or ma.gnetic tape so as to order, instruct, or authorize a financial institution 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 initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that aze described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by <br />any third pariy (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 />Properiy; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />NEBRASKA-Single Family-Fann(e Mae/Freddte Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6�NE) 11105) <br />Woiters Kluwer Financial Services Page 2 of 17 <br />