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�oiu�� (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Lodn organized and existing under the laws of T h e S t d t e o f N e b r' d 5 k a . Lender's address is 221 South Locust St Grand I51 and NE 68801- Lender is the beneficiary under this 5ecurity Instniment. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" rneans the promissory note signed by Borrower and dated 0 C t o b� 1' 0 7, 2 O 10 . The Note states that Borrower owes L,�nder ONE HUNDRED FIFTY F�l1R THOUSAND EIGH7 HUNDRED AND 00/100 Dollars (U.S. $ 154 , 800 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than N o v e m b e r' 1, 2 0 4 0 . (� "Property" means the property that is described below under the heading "Transfer of Rights in the Praperty. " (G) "Loan" means the d�bt evidenced by the Note, plus interest, any prepayment charges and late cl�arges due under the Note, and all surns due under tk�is Security Instrument, plus interest. (I� "Riders" means all Riders to this Secwrity Instrurnent that are executeci by Borrower. The following Riders are to be exe�uted by Borrower [check box as applicable]: [� Adjustable Rate Rider ❑ Condomanium Rider � Second Home Rider �] Balloon Rider (� Planned Unit Development Rider [] 1-4 �amily Rider 0 VA Rider ❑ Biweekly Payrnent Rider � Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordiniances and adrninistrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condaminium associatian, horneowners associatian or similaz organization. (I� "Electronic �nds Transfer" rneans any transfer of funds, other than a transaction originated by check, draft, or similar paper instnunent, which is initiated through an electronic ternunal, telephonic instrument, cornputer, or magnetic tape so as to arder, instruct, 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 Xtems" means those itenns that are described in Sactian 3. (1Vn "Miscellaneous Praceeds" means any compensation, settlement, award of daznages, 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 1?roperty; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or canditian of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayrnent of, or default on, the Loan. NEBF�ASKA - Single Family - Fnnnia MaelFreddie Mac UNIFORM INSTRUMEN7 �-B(NE) loet t 1 Pggg 2 of 1 B imt�eis. Form 3028 1/01 � �