201207308 - Laserfiche WebLink

Browse

20120730� (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 Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (Ey "Note" means the promissory note sig�d by Bonower and dated August 31, 2012 . The Note statesthatBorrowerowesLender ONE HUNDRED NINETY TWO THOUSAND AND 00/100 Doltars (U.S. $ I92 . 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 e p t em b e r 1, 2 0 42 . tFi "�perty" means the property that is described below under the h�ding "Transfer of Rights in the Property." (6y "l.oan" means the debt evidence� by tfie Note, plus interest, any prepayment charges and Iate charges due under the Nate, and aIt sums due nnder this 5ecurity Instrument, pl�s iaterest. �H! "Riders" means at2 Ricters to tt�is S�cit�r �meat that are execute.c� by Borrower. The folIowving Riders are to be e�ecutec� by Borrower [che�k b�x as appticablej: Q Acfi��ble Rate Rider Q Co��ivm Ri�er � Se.corut F�ome Rider Q B�IOC�a�: Rider � Pl�ed iTisit Develogment Rider 0 I-4 Family Rider 0 vA Ride� Q�iweef�ty Payment Ri�er ��ther�s) E�P�yfYl (I) "ARplicable taw" means atI controlling applicable federal, state and Iocai statutes, regulations, ordinances ��ive reales and orders (that have the effect of Iaw) as vvel� as aa.� applicable fruat, tion-appeatable judici� agi�io�s. (J} "�omrra�r►ity Assc�ciation D�, �, and Assessments" means aiI dues, fees, assessments and other charges that are imposed. on Borrower or the Property by a condominivm association, hom�wners associatioa or similar organization. (K) "Electronic Funds Transter" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financiai insritution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that aze described in Section 3. (Ml "Miscellaneous Proceeds" means any compensarion, settlement, award 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 destruction of, the Property; (ii) condemnation or other taking of all or any part of the Progerty; (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/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP � VMP6(NE) (1105) Wolters Kluwer Finencial Services Page 2 of 17