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201309265 <br /> (C) "Lender" is Home Federal Savings and Loan Assn of Grand Island <br /> Lender is a Savings and Loan <br /> organized and existing under the laws of The State of Nebraska <br /> Lender's address is 221 South Locust St Grand Island 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 Borrower and dated November 20, 2 013 <br /> The Note states that Borrower owes Lender ONE HUNDRED FIFTEEN THOUSAND THREE <br /> HUNDRED AND 00/100 Dollars <br /> (U.S. $115,300. 00 )plus interest. Borrower has promised to pay this debt in regular Periodic <br /> Payments and to pay the debt in full not later than December 1, 2043 <br /> (F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br /> Property." <br /> (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br /> due under the Note, and all sums due under this Security Instrument, plus interest. <br /> (II) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br /> Riders are to be executed by Borrower [check box as applicable]: <br /> Adjustable Rate Rider Condominium Rider Second Home Rider <br /> Balloon Rider Planned Unit Development Rider 1-4 Family Rider <br /> X VA Rider Biweekly Payment Rider Other(s) [specify] <br /> (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br /> ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br /> non-appealable judicial opinions. <br /> (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, 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 <br /> check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br /> instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br /> or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br /> machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br /> transfers. <br /> (L) "Escrow Items" means those items that are described in Section 3. <br /> (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br /> by 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 condemnation; or (iv) misrepresentations of, or omissions as to, the <br /> value and/or condition of the Property. <br /> (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br /> the Loan. <br /> aip-6G(NE)(0005(.01 Page 2 of 15 Form 3028 1/01 <br />