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2oi2o4s1� (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 Th e St ate o f N e b r a s k a L�nder's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security Instrumettt. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Bonower and dated June 14, 2012 . The Note states that Bonower owes Lender ONE HUNDRED SIXTY THREE THOUSAND FOUR HUNDRED AND 00/100 Dollats (LT.S. $163 . 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 1 y 1, 2 042 . (F) "Property" means the property that is described. below under the heading "Transfer of Rights in the FroPertY•" (G} "Loan" means the debt evidenc� by the Note, plus interest, any prepayment charges and late charges due under the Note, and al1 sums due under this 5ecurity Tnstrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that are executed by Bonower. The following Riders are to be executed by Borrower �ch�k box as applicable]: 0 Adjustable Rate Rider 0 Condominium Rider 0 Second Hame Rider 0 Balloon Rider Q Planned Unit Development Rider � 1-4 Family Rider 0 VA Rider 0 Biwe,ekly Payment Rider 0 Other(s) [specify] (I) °Applicable Law" means alI controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and ord�rs (that have the effect of law) as well as all applicable final, non-apgealable 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 similaz paper insm�ment, which is iniriated through an electranic temunal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institurion 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" me� those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proc�ds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of a11 or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentarions of, or omissions as to, the value and/or condirion of the Property. NEBRASKA-Single Femlly-Fennie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPBWE) (1105) Wolters Kluwer Financial Servic� Page 2 of 17