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200211213 <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 Loeuet St Grand Island HE 68801 - <br />Leader is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(F) "Note" means the promissory note signed by Borrower and dated October 16th, 2002 <br />The Note states that Borrower owes Lender ONE HUNDRED THIRTY THREE THOUSAND AND <br />00 /100 Dollars <br />(U.S. $133, 000.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than November 1, 2022 <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 />(14) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to ho executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider El Condominium Rider E:1 Second Home Rider <br />L-1 Balloon Rider 0 Planned Unit Development Rider U 1 -4 Family Rider <br />0 VA Rider F�:] Biweekly Payment Rider EI 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 acrd other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(I) "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 pan of the <br />Property; (iii) conveyance in lieu of condemnation; or (]v) 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 />mm <br />-61NE1 moon o f vaaa I s, " Form 3028 1101 <br />P+ <br />