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2� 1 ��544� <br /> �C} "Lender" is Hom� Federa� Sa�i pgs and �oan AsSn of �rand I sl and <br /> Lender i� a Sa�i ngs and Loan <br /> organized and exi�ting und�r�he �aws of Th e St at e o f N eh r a s�c a . <br />- Lender's address is ��1 5outh L��ust St Grand I s�and N� �8841 <br /> . <br /> Lender is the beneficiary under this Security �nstrument. <br /> �D� "Truste�" �s Ar�nd R Baa�k, A�t�rney <br /> � �E� "�ote" means the promissary no�e signed by Borrawer a.nd dated Au gu st l7, �4 l6 . The Note <br /> stat�s �hat Borrower owes Lender T�D �iUNDRE D F I FTY T��USAND AND Q�I l�� <br /> Dallar� �L].S. $���,D fl 0.D� }p�us interest. Barrower has pr�mised to pay this debt in r�gular <br /> Periodic Paym�n�s and to pay the debt �n fuii not later�han 5eptember 1, �431 . <br /> �F� "Prv�erty" means �he proper�y that is describ�d�el�w under the head�ng "Transfer of R�ghts �n th� <br /> Prapert�." <br /> �G� "Loan" means the debt e�idenced by the Note, pl�s �nt�rest, any prepayment charges and late charg�s due <br /> und�r the Note, and a�l sums due under th�s S�curity Ins�rument, plus �nterest. <br />_ €H� "Ri ders" means a�� Riders ta�h�s Secur�t� �ns�rument that are executed by Borrovver. rI`he following Riders <br /> are to�e ex��uted by B�rro�ver [check box as app�icabl��: <br /> [� Adj us�able Rate Rider � �ondominium Rider � Second �3ome Rid�r <br /> [�Ba�laan Rider � Planned Unit Dev�lapm�n� R�der 0 �-4 Fami�y R�der <br /> [� VA R�der � B��veekly Paymen�Rider 0 �ther�s} �specify� <br /> ��� "App[i�able Law" means all cantro��ing applicable federa�, state and�acal sta�utes, rebu�ati�ns, ord�nances <br /> and adm�nistra�ive rules and orders �that ha�e the eff��t of Iaw� as wel� as all applzcab�e f�nai, nfln-appea�able <br /> �ud�c�al op�nions. <br /> 4J� "�vmmun�ty Associativn Dues, Fees, and Assess�ments" means a�� dues, f�es, assessm�nts and other <br /> charges that are imposed on Borrotiver ar the Prap��.y by a cand�m.inium ass�c�atian, hameawners <br /> association or similar�rganizat�on. <br /> �K� "�le�tron�c Funds Transf er" m�ans any transfer of fun�s, other�han a tran�action originated by check, <br /> draft, or similar paper instrument, �hich is in�t�at�d thr�ugh an eiec�ranic t�rm�.na�, te��phonic in�trument, <br /> comput�r, or ma�netic tape sa as to ord�r, instruct, or authflr�ze a�nanc�a� inst�tuti�n�o de�it or cred�t an <br /> account. Such�erm in��udes, but is not iimited ta, p��n�-of sale transfers, autornated�e��er mach�n� <br /> transactions, transfers �n�t�ated by teiephone, wire transfers, and au�oma�ed c�earinghouse transfers. <br /> �L� "Escrow Items'� means thase items�hat are described in 5ection 3. <br /> {M} "Miscellanevu� Prv�eeds" m�ans any compensatian, s�tt�e�xa.ent, award of damages, or proceeds pa�d by <br /> any�hird par�y �other than insurance pr�ce�ds paid under the coverages d�sCribed �n Sect�on 5} f�r: �i� <br /> dama�e to, or des�ru��ion af, �he Property; �ii} condemnation or other taking af ail ar any par�of the <br /> Property; �ii�}��n�eyance in li�u af condemnation; or(�v� m�srepresentat�ons of, or omissi�ns as�o, �he <br /> �alue andlar conditian of the Pro �rt . <br /> N�gRASKA-Sing6e�amily-Fannie MaelFreddi�Mac�Ni�DRM INSTRUM�NT �orm 3428"t1�1 <br /> VMP Q VMPfitN�)t1342y <br /> Wplters Kl�w�r Financia!5er�ices Page 2 of 17 <br />