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201203381 (C) "Lender"isHome 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 Borrower and dated A p r i 1 2 0, 2 012 . The Note statesthatBorrowerowesLender FORTY EIGHT THOUSAND FOUR HUNDRED AND 00/100 Dollars (U.S. $48 , 400 . 00 ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than M a y 1. 2 0 2 7 . (F) "Property" means the property that is described below under the heading "Transfer af Rights in the Property " tGl "�oan" means the debt evidenced by the Note, plus interest, any prepayment charges and late chazges due under the Note, and all sums due under this Security Instrument, plus interest. Qt-t) "F�iders" means atI Riders to this Security Instrument that are executed by Borrower. The following Riders ate to be execute� tsy Horrawer [check box as applicablej: 0 A�djustabte Rate Rider � Coudominium Rider 0 Second Home Rider � B�oon Ricfier � Planned U�t Devetopffient Rider Q I-4 Family Rider � VA Idicter � Biweekly Payme�t Rider 0 Other(s) [sp�ifYI (1) "Applicable Law" means atl controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. �J1 "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Bonower or the Property by a condominium association, homeowners associarion or similaz organization. (K? "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by che,ck, draft, or similaz paper instrument, which is initiated through an electronic terminal, telephonic instrucnent, 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" meaz�s those items that are described in Secrion 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages descrihed 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 Famfly-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O1 VMP � VMPB(NE) (17051 Wolters Kluwer Ftnanciai Services Page 2 of 17