200207926 - Laserfiche WebLink

Browse

20020792G (C) "Lender" is Home Federal Savings and Loan Assn of Grand Island Lender is Savings and Loan Organized and existing undo the laws of The State of Nebraska Lender's address is 221 South Locust St Grand Island NE 68801 - Lender is the beneficiary umler [his Security Instrument. (D) "Trustee" is Arend R Haack, Attorney (E) "Note" means the promissory note signed by Borrower and dated July 25th, 2002 The Note states that Borrower owes Lender ONE HUNDRED THIRTY NINE THOUSAND ONE HUNDRED EIGHTY FIVE AND 00 /100 Dollars (U.S. S 139, 185. 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than August 1, 2032 (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Load' means the debt evidenced by the Nom, plus interest, any prepayment charges and lam charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Ridcrs to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider El Condominium Rider I I Sccond Home Rider El Balloon Rider Planned Unit Development Rider [7 l-4 Family Rider I I VA Rider C Biweekly Paymcul Rider F_ Other(s) [specify] (1) "Applicable Law" means all controlling applicable federal, state and Local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non appealable Judicial opinions. (.1) "CommunUx Association Dees, Fees, and Assessments" means all dues, fees, asscssmcnts and other charges that arc imposed on Borrower or the Property by a condominium association, homeowners association or similar organisation. (K) "Electronic Funds Transfer" 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, intrust, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transacts, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means Ihnsc items that are described in Section 3. (M) "Miscellaneous Proceeds" means any unnpensation, settlement, award of damages, Or pnrcoods paid by any third party (other than insurance proceeds paid under Lhc coverages described in Section 5) foe (i) damage to, or destruction of, the Property; (it) condemnation or other taking of all or any part of the Property; (tii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as Lo, the value and /or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. niras -6(NE) m m,rl P,U, 2 "i is Form 3028 1101 m