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201206757
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Last modified
8/16/2012 9:05:54 AM
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8/16/2012 9:05:53 AM
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DEEDS
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201206757
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20i20675; <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 T h e S t d t e 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 beneficiary under this Securit}t Insuument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated August 09. 2012 . The Note <br />states that Bonower owes Lender TWO H U N DRE D TH OU SAN D AN D 0 0! 10 0 <br />Dollars (LT. S. $ 2 0 0. 0 0 0. 0 0 ) plus interest. Bonower has promised to pay this debt in regular <br />Periodic Payments anct to pay the debt in full not later than S e ptembe r 1, 202 7. <br />(F) "Property" meaus the property that is described below under the heading "Transfer of Rights in the <br />Property " <br />(�} "Loan" meaus the ctebt evidenced by ttce Note, plus interest, any prepayment charges and late charges due <br />under the Note, and all sums due nndes this Security instrument, plus interest. <br />EHi "Rirlers" means aII Riders to this Security Iustrument that aze executeci by Borrower. The following Riders <br />are to l� e�ecut� by Borrawer [cl�ec.�c box as apglicablej: <br />0 Actjustable Rate P.ides 0 Condo�um Rider 0 Second Fiome Rider <br />Q Ball�n Rider 0 Pl� U� Develogment Rider � 1-4 Fa�ty Rider <br />0 vA 12ider 0 Biwe�y Payme�t Rider 0 Other(s) EspecifYl <br />(�) "Appticable Law" means ali coatro}IiIIg appIicable federal, state and local statutes, regulations, ordinances <br />and administrarive rutes � orders (t1�a� have tt�e efffect af Iaw) as well as all applicable final, non-aggeatable <br />judiciai oginioffi. <br />(J� "Community Associati�� �ues, �s, and Assessments" m�ans all dues, f�s, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is uutiated thmugh an electronic terminal, telephonic instrument, <br />computer, or magneric tape so as to order, instruct, or authorize a financial insritution to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine <br />transactions, transfers initiated 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, awazd of damages, or proceeds paid by <br />any third party (other than insurance proceeds paid under the coverages described in Section 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 condemnarion; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condirion of the Property. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O1 <br />VMP � VMP6(NE) (1105) <br />Wolteta Kluwer Financial Services Page 2 of 17 <br />
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