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201204921
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201204921
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Last modified
6/28/2012 4:22:36 PM
Creation date
6/20/2012 9:16:19 AM
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DEEDS
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201204921
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201204921 <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 Th e St ate o f N e b r a s k a <br />Lender's address is 221 South Locust St Grand Isl and NE 68801- <br />Lender is the beneficiazy under this Se,curity Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated June 08, 2012 . The Note <br />states that Borrower owes Lender FI F7Y THOUSAND THREE HUNDRED SIXTY FOUR AND <br />00/100 <br />Dollars (U.S. $ 50 , 364 . 0 0 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in fEill not later than J u 1 y I, 2 0 2 2 . <br />(F) "Praperty" means the property that is desen�bed Uelow under the heading "Transfer of Rights in the <br />Property » <br />(G) "loan° mc�ns the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />uuder the Note, and all su�s due under this Security Instrument, plus interest. <br />tH) "Riders" me.ans atI Riders to this Secarity Instrument that aze executed by Borrower. The following Riders <br />aze to be execerted by �orrower [check bax as applicable]: <br />Q Adjustable Rate Rider 0 Condominium. Rider � Second Home Rider <br />0 BaII�a Rider 0 Plannec� Unit Development Rider 0 I-4 Family Rider <br />0 VA Rider 0 Biweekty Payment Rider � Other(s) [specify] <br />(1) "Applicable Law" means ail controlling applicable federal, state and locai statutes, regulations, ordinances <br />and administrative rules and orders (that have the effect of law) as well as all applicable finat, non-appeatable <br />judiciai opinions. <br />(J) °Cammunity Qssociation Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />chazges that are imposed on Borrower or the Properiy by a condominium association, hom�wners <br />association or similar organizarion. <br />(K) "Electronic Funds Transfer" means any trausfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic temunal, telephonic instrument, <br />computer, or magnetic ta� so as to order, instruct, or authorize a fnancial insritution to debit or creflit an <br />account. Such term incluctes, but is not limited to, point-of-sale transfers, automated teller machine <br />transactions, transfers iniriated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of dama.ges, or proceeds paid by <br />any third party (other than insurance proceeds paid under the coverages described in Secrion 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (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 Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (1105) <br />Woltera Kluwer F(nancial Services Page 2 of 17 <br />
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