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2� 1 ��3477 <br /> 4�� "Lender" zs �om� F�d�ra� SaWi ngs and L�an Assn of Gran�l Isl and <br /> Len��r is a Savi ngs and Lo�n <br /> �rgani�ed and existing under the laws�f The State of Nebraska . <br /> L�nder's address is �2l Sout h L��u�t St Grand I s1 and NE �8801. <br /> L�nder is the beneficia�y under this Securzty �nstrument. <br /> 4D� "Trusteer' is Ar�nd R Baack, Att�rney <br /> �E} "�Vate" means the pr�missar�note sign��i b�r Borra�ver and dat�d M ay 31, �D l� . The Note <br /> state� that Barrov�er ow�s Lend�r �NE HUNDRED T�1+�ENTY FIVE TH�USA�D AND OOI1�� <br /> �a�lars �t�.�. $1�5,�4�.0� }plus i�teres�. Borrovver has promised to pay th�s debt �n regular <br /> P�riad�c Fayments a�.d to pay the d�bt zn fu�1 n�t�a�er than J u�y 1, 2 D 3�. . <br /> �F; "Prvperty" means the pr�per�y tha� �s des�ribed be��w und�r th�head�ng "Transfer af Rights in the <br /> Pr�pert�." <br /> �C� "L�an" m�ans th�debt e��denced by the N���, p�us in��res�, any prepaymen�charges and late charges due <br /> under the Note, and ail sums due und�r this Securit�Instrument, plus interes�. <br /> �H 3 "Riders" mear�s a�� Riders to this Security �nstrumen�that are execut�d b�Borrovver. The following Rid�rs <br /> are to be e��cut��by Borrovver �cheCk box as app��ca��e�: <br /> �Adj us�able Rate R�der � C�ndomin�um Rider � Se�and Home Rider <br /> [�Bal�oon Rid�r �Planned Unit Develapmen�Rider � �-4 Fami�y Rid�r <br /> 0 VA�ider Q�iweek�y Paymen�Rider 0�ther�s} �specify� <br /> �13 "Applica�le Law" m�ans al�contro���ng applicable federa�, state and �flca1 s�atutes, regulatians, ard�nan�es <br /> and a�.ministra���e rules and arder� ��ha�have the effect of�aw} as we�i as a�� applica��e final, non-appea�ab�� <br /> judicia� opinians. <br /> �J� "Gvmmunity Assaciatian Dues, Fees, and Ass�ssments" means all dues, fees, assessments and�ther <br /> �harg�s�hat are imposed on Borrower�r the Property by a�nnd�m�n�um association, homeau�n�rs <br /> assoc�at�on or szmilar organ��at�on. <br /> 4K} "Electronic Funds Transfer" means any transfer of funds, other than a transactz�n�riginated by che�k, <br /> draft, �r s�milar paper ins�rument, which is �nit�ated�hraugh an electronic termina�, �e�ephnn�c instrumen�, <br /> carnputer, or magnet�c tape so as�o order, instruct, ar au�horiz�a financia� institu�ion ta debz�or credit an <br /> account. 5uch term inc�udes, but �s not limited to, p��n�-of-sale�ransfers, automated��Iler mach�n� <br /> transacti�ns, transfers in��xa�ed by te�eph�ne, w�r�t�ansfers, a.nd au��ma�ed clearinghflus�transfers. <br /> 4 L� "Escrow ltems" means those items�hat are descr�bed�n�ectinn 3. <br /> �IVI} "IIllisc�llaneous Proce��s" means any compensation, s�t�lemen�, award of damages, or prace�ds pa�d by <br /> any third part� �other�han insuranc�proce�ds pa�d under the coverages described �n Sect�on 5� f�r: �i} <br /> damag�to, �r destruc�ion of, the Praper�y; �i�}condemna�ion�r n�her tak�ng of a��or any par�of the <br /> Proper�y; �iii� con�eyance�n i�eu of condemnat��n; or�zv}misrepresenta��ons of, or nmis�inns as ta, the <br /> �a�ue andlor condi�ion of the Pro ert . <br /> N�BRASKA-Single�amily-Fannie MaelFreddie Mac UNIF�RM INSTRUMENT �vrm 302$11Q't <br /> VMP C3 VMPBtNEj t13D2y <br /> Wolters Kluwer Finan�ia!Ser�ices Page 2 of 17 <br />