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201205��7 (C) "Lender"isHome Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and earisting under the laws of T h e St ate 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 June 25 . 2012 . The Note states that Borrower owes Lender ONE HUNDRED TWENTY THOUSAND FOUR HUNDRED AND 00/I00 Dollars (U.S. $120 . 40 U. 00 ) plus interest. Bonower has promised to pay this debt in regular Peri�ic Payments and to pay the debt in full not later than J u 1 y I, 2 0 42 . {F} "Property" m�ans tl�e property that is described below uuder the heading "Transfer of Rights in the Praperty." (�} "�aare" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Nate, and alI surns due urider this 5�urity Instru�nent, plus inter�t. (M3 "Riders" means alI Ztiders to this S�urity Instrument ttrdt are executed by Borrovc�er. 'Fhe following Riders are to b� execut� by Borrav�+er [check �x as applicable]: 0 A�.juscable Rate Ri�er 0 Condominiu� Rider � Secc�� Iiome Rider 0 Balloan Rider � Planned Unit Development Rider 0 1-4 Family Rider O v� �a� 0 8�,�� aer � or�(S) [�fi�] (1) "Applicable !aw" means all controlling applicable federal, state and local stahrtes, regulations, ordinances and administrati:ve rules and orders (tUat have the effect of Iaw) as well as all applicable f nal, non-appealable judicial opinions. tJ) "Commumty Assoceation Du�. Fees, and Assessrnents" means aIl dues, fees, assessments and other charges that are imposed on Eorrower or the Property by a condominium association, homeowners association or similaz organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by ch�k, draft, or similaz paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magneric 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 transacrions, transfers iniriated by telephone, wire transfers, and autamated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Secrion 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destrucrion 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 Family-Fannie MaelFreddfe Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPB(NE) (1705) Wolters Kluwer Flnancial Services Page 2 of 77