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2012066�3 (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 s k a Lender's address is 221 South Locust St Grand I sl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney ( Ei "Note" means the promissory note signed by Bonower and dated A u g u s t 0 9, 2 012 . The Note states that Borrower owes Lender SIXTY FOUR THOUSAND AND 00/100 Dollars (U.S. $ 64 , 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than S eptembe r 1, 2 0 2 7. (F� "ProRerty" means the property that is described below uncter the heading "Transfer of Rights in the FLU�Ety� w (G) "loan° means the debt evidenced by the Note, plus interest, any prepayment chazges and late charges due tu�er the Note, and all sums due under this Se.curity Instrument, plus interest. EE!} "�ers" means al,t Riders to this Security Instrument that are e�ecuted by Borrower. The following Riders are �� e�� Uy Bosrctiwer [che�� box as applic�blej: Q Adjtzs�able Rate Rider � Conc�ominium Rider Q Second Home Rider � Balloon Itider 0 PYa�ed Unit DevelQpment Rider � T-4 Family Ricter Q v� �ia� 0 saw�ty �,�nt �i�r a�erts> t�1 (1) "AppPu:a6te Law" means alI controiling applicable federal, state and Ioca1 statutes, regulations, ordinances and adr�tinistrative rriles and orders (that have the effeet of 1aw) as weIl as alt applicable fu►al, non-appealable �udiciaE oginions. CJ) "Corrr�rrity Association Dues. Feess, ar�d Assessments" means aYl 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, d,raft, or similaz paper insmiment, which is initiated through an el�tronic terminal, 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 transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (Li "Escrow Items" means those items that are described in Secrion 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�s 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 Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Pronertv. NEBRASKA-Single Family-Fannie Mae/Freddfe Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPB(NEI (1105) Wolters Kluwer Financial Servtces Page 2 of 17