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200214022
<br />(C) "Lender" is Home Federal Savings and Loan Assn of Grand Island
<br />Lender is a Savings and Loan
<br />organized and existing muter dm laws of The State of Nebraska
<br />Lender's address is 221 South Locust St Grand Island NE 68801 -
<br />Lcndcr is the beneficiary under this Security Instrument,
<br />TO "Trustee" is Arend R Baack, Attorney
<br />(E) "Nate" moms the promissory note signed by Borrower and dated December 11th, 2002
<br />'1 he Note slates that Borrower owes Lender FORTY TWO THOUSAND FOUR HUNDRED TWENTY
<br />AND 00 /100 Dollars
<br />(ITS, $42,420.00 ) plus interest_ Borrower has promised to pay this debt in regular Pctiodic
<br />Payments and to pay the debt in full not later than January 1, 2018
<br />(F) "Proper(,'" means the property that is described hclow under the heading "'Transfer of Rights in the
<br />Pmperty."
<br />(C) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and Tate charges
<br />due under the Notc, and all sums due under this Security InallutnCllL, plus interest.
<br />(H) "Riders" mrans all Riders to this Security Instrument that are executed by Borrower, The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />Adjustable Rate Rider Condominium Rider El Second Home Rider
<br />Bullion Rider Planned Unit Development Rider LIE:' 1 -4 Family Rider
<br />VA Rider _ Biweekly Payment Rider F Othcr(s) Ispcciry]
<br />(D "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rates and orders (that have the chuct of law) as well as all applicable final,
<br />non- appealablcjudicial opinions.
<br />(,1) "Cummtmity Association Dues, Pees, and Assessments" means all dues, fees, assessments and other,
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(K) "F.ledronk Funds Transfer" means any transfer of funds, other than a transaction originanxl by
<br />check, draft, or similar paper instrument, which is initiated through an clactronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />or credit an accounl. 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) "Esermv Rents" neans 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 patty (other than insurance proceeds paid under the coverages described in Section 5) for: (if
<br />damage to, or destruction of, the Property, (ii) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance In Ilea of Condemnation; or (Iv) 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 Earn,
<br />-6 NEt moo�u' o12 of a Fonn 3028 1101
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