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20120423� (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 5 k a Lender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trwstee" is Arend R Baack, Attorney (E} "Note" means the promissory note signed by Borrower and dated May 25 , 2012 . The Note states that Borrower owes Lender ONE HUNDRED SEVENTY EIGHT THOUSAND FOUR HUNDRED AND 00/100 Dollars (U.S. $178. 400 . 00 ) plus interest. Borrower has promised to pay this debt in regulaz Periodic Payments and to pay the debt in full not later than J u n e 1. 2 0 42 . EF� "Property" means the pmperty that is described below under the keading "TraBSfer of Rights in the ProPertY » (G) "E.oan" means tfle debt evidenced by the Note, plus interest, any prepayment charges au� late charges due under the Note, and alI su�►s due under this Security Instrument, plus interest. {H} "Riders" means alI Ri�ers to tlsis Sc�urity Instru�nent tlzat are exeeuted by Borrower. Tb� foIiowing Riders are to be executed by Borr�wer [chec& box as applicableJ: 0 Adjustahle Rate Rider 0 Condominium Ricler Q SecoIICi Hame Rider Q Baitoon Rider Q PTanned Unit Development lTider � 1-4 Family Rider 0 YA Rider Q Biweekly Payment Rider 0(�her(s) I�fYI (1► "Applicable Law" means all controlling applicable federal, state and Iocal statutes, regulations, ordinances and administrative rutes and arders (that have the effect of law) as well as atl applicable final, non-appealable judiciat opinions. (.i) "Comm�nity Association D�, Fees, and Assessments" means all du�es, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similaz organization. (K) "Eiectronic Funds Transfer" means any transfer of funds, other than a transacrion originated by check, draft, or similar paper instrument, which is initiated througt� an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial insriturion to debit or credit an ac,count. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers iniriat� by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 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 coverag� described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Progerty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condirion of the Pronertv. NEBRASKA-Single Family-Fennie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NEI (11051 Woiters Kluwer Finencial Servic:es Page 2 of 17