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(C) "Lender" is CUSTER FEDERAL SAVINGS AND LOAN Lender is a CORPORATION organized and existing under the laws of THE UNITED STATES OF AMERICA Lender's address is 341 S IOTH AVE., P.O.BOX 310, BROKEN BOW, NE 68822 Lender is the beneficiary under this Security Instrument. (DI "Trustee" is CUSTER FEDERAL SAVINGS AND LOAN ASSOCIATION, A CORPORATION (E) "Note" means the promissory note signed by Bonower and dated 05-242012 . The Note states that Borrower owes Lender EIGHTY THOUSAND AND N01100 Dollars (U.S. $ 80,000.00 ) plus interest. Bortower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than O6•05-2032 , (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that aze executed by Bonower. The following Riders are to be executed by Bonower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider 0 Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider 0 VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (1) "Applicable Law" means all 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. (J) "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 association or similar organization. (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 instniment, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that aze described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance praceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ri) condemnation or other taking of all or any part of the Properly; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. NEBRASKA-Singla Family-Fannie Mae/Freddia Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPB(NE) �1106�.00 Wolters Kluwer Financial Sarvices Page 2 of 17