Laserfiche WebLink
20120�OG� <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 a t e o f N e b r a s k a <br />Lender's address is 221 South Locust St Grand I sl and NE 68801- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />( E) " Note" means the promissory note signed by Bonower and dated A u g u 5 t 2 0. 2 012 . The Note <br />states that Borrower owes Leuder TWO HUNDRED TWENTY S IX THOUSAND FOUR HUNDRED <br />AND 00/100 - <br />Dollars (LT.S. $226, 400 . 00 ) pTus interest. Borrower has promised to pay this debt in regutar <br />Periodic Payments and to pay the debt in full not Iater than September I, 2042 . <br />(F� "PraperCy" means the property that is des�ril� below under tize headiag "Transfer of Rights in the <br />FsoPertY " <br />C�} "E.oan" ffieans t�te ct�bt evicienc� by the riote, glus interest, anY grePayment charges atid late charg� due <br />undeg tf�e l�ote, aac� a� sums due ua�der t�is Se�urity Instrument, plus interest. <br />(FI} "Riders" means a]� Riders to ti�is Security �nt that are executed by Borrower. The following Riders <br />axe tm be exe.�e� Fxy Iiorrc�vver �c.�reck box � aggF�EabteJ: <br />� Adjustable Ra�e Ricter Q Coudom�i�m Rider 0 Second Home Rider <br />Q Batic�n Rider � Fia� �.J� �JJevelop�rcent Ridea O 1-4 Faznily Rider <br />0 VA Rider Q Biweelc�y Paymeat Rider 0 Other(s) [specifyJ <br />(1) "Applicable Law" means all comrolling agplicable federal, state anct Iocat statutes, regularions, ordinaaces <br />and �dn+���ccr?+�ve rules and orders (that 1�ave tY� effect af law) as vvell as a� applicable final, non-�gpeaiable <br />judYCia� opisions. <br />�.�) "�ommunity Assaciafian Dues. �ees, and Assessments" mea�s aII dues, fees, assessm+ents �d otber <br />eharges that are imposed on Borrower or the Properiy by a condominivm association, homeowners <br />associatiog or similar organization. <br />(K� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originate� by check, <br />draft, or similar paper instrument, which is initiated through an electronic terminai, telephonic instrument, <br />computer, or magnetic tape so as to order, instruct, or authorize a financial institurion to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine <br />transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that aze described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award 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 destrucrion 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) misrepresentarions of, or omissions as to, the <br />value and/or condirion of the Pronertv. <br />NEBRASKA-Sirtgle Family-Fannie Mae/Freddie Mec UNIFORM �NSTRUMENT Form 3028 1/01 <br />VMP p VMP6(NE) 11105) <br />Woiters Kluwer Financial Services Page 2 of 17 <br />