Laserfiche WebLink
�ro �_O V r �'2 / V <br />(C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand Isl and <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e S t a t e o f N e b r a s k d . <br />I.ender's address is 221 South Locust St Grand I51 and NE 68$01- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attarney <br />(E) "Note" means the promissory note signed by Borrower and dated 0 c t o b e r O 1, 2 010 . <br />TheNotestatesthatBorrowerowesLender NINETY NINE THQUSAND FIVE HUNDRED AND <br />0 0/ 10 0 Dollars <br />(U. S. $ 9 9, 5 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full nat later than N o v e m b e r 1. 2 0 2 5 . <br />(k� "Property" means the pmperty that is described below under the heading "Transfer of Rights in tlae <br />pi'Oj�'.ItY. n <br />(G) "Loan" means the debt evidenced by the Nate, plus interest, any prepayrnent charges and late chazges <br />due under the Note, and all sums due under this Security Instrurnent, plus interest. <br />(� "Riders" rneans all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [ch�k box as applicable]: <br />0 Adjustable Rate Rider ❑ Condominium Rider [] Second Horne Rider <br />0 Ballqon Rider [� Planned Unut Develapment Rider 0 1-4 Family Rider <br />� VA Rider [] Biweekly Payment Rider ❑ Other(s) [spe�ify] <br />(n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative cules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(� "Cammunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that aze imposed on Borrower or the Property by a candominium association, homeowners <br />association or similar organization. <br />(I� "Electranic Funds Transfer" means any transfer af funds, other than a transaction originated by <br />check, draft, or sirnilaz paper instnxment, which is initiated through an electronic ternunal, telephonic <br />instrument, computer, or magnetic tape so as to arder, instruct, or authorize a�nancial institution to debit <br />or credit an accouc�t. S�ch term includes, but is not limited to, point-nf-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and aucomate� clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" rneans any compensation, settlement, award of damages, or praceeds paid <br />by any third party (other than insurance procceds paid under the coverages described in Section S) for: (i) <br />damage to, or destruction of, the Property; (ii) condernnation or other taking of all or any part of che <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Praperty. <br />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, ar default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Frsddie Mac UNIFORM INSTRUMENT <br />�-BINE) wsi i� Paae z af �6 Initials: /1jyj� � C/ Form 302$ 7/07 <br />�-r� <br />