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200209479 (C) "Leader" is Home Federal Savings and Loan Assn of Grand Island Lender is Savings and Loan organized mud existing under the laws of The State of Nebraska Lender's address is 221 South Locust St Grand Island NE 68801 - Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baaek, Attorney (E) "Note" meaus the promissory note signed by Borrower and dated September 3rd, 2002 The Note states that Borrower owes Lender FIFTY NINE THOUSAND FIVE HUNDRED AND 00 /100 Dollars (U.S. $59,500.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in fill not later than October 1 , 2017 (I) 'Property" means the property that is described below under the heading "Transfer of Rights in [he Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due tinder this Security Instrument, plus interest. HD 'Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]' El Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider F-1 Balloon Rider FI Planned Unit Development Rider 0 1-4 Family Rider VA Rider 17 Biweekly Payment Rider El Others) [specify] (I) "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- appealablejudicial opinions, (.I) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) 'Electronic Funds Transfer" means any transfer of fonds, 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, instmet, or authorize a financial institution 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 are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, 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 Properly; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation, orfy), mibrepresentations of, or omissions as to, the value and /or condition of the Property.. (N) "Mortgage Insurance" mbans insurance protecting Lender against the nonpayment of, or default on, the Loan. �Ilrh -61NE1 i000si m Faye z of to "� Form 3028 1101