Laserfiche WebLink
�oioo��ss <br />(C)"Lender"is Wome Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e 5 t d t e o f N e b r a s k a <br />Lender's address is 221 South Locust St Grand I sl and NE 68801- <br />L,ender is the beneficiary under this Security �nstrument. <br />(D) "Trastee" is Arend R Baack, Attorney <br />(E) "Note" rneans the promissory note signed by Borrower and dated 0 c t o b e r 2 0, 2 O 10 . <br />The Note states tb.at Borrower owes Lender ONE HUNDRED NINETY TWO THOUSAND AND <br />ooiloo� DQll�s <br />(U. S. $ 19 2. 0 0 0. 0 0 ) plus interest. Barrower has promised to pay this debt in regular Periadic <br />Payments and to pay the debt in full not later than N o v e m b e r 1, 2 0 2 5 . <br />(� "1'roperty" means the property that is described below under the heading "Transfer of Rights in the <br />Paropercy. „ <br />(G) "Loan" means the debt evidenced by the Nate, plus interesC, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Banawer [check box as applicable]: <br />[� Adjustable Rate Rider � Condaminiurn Rider � Second Home Rider <br />� Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />[] VA Rider 0 Biweekly Payment Rider � 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 />(,n "Community Association Dues, Fces, and Assessments" means aJl 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) "Electronic �nds Transfer" means any transfer of fitnds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, com.puter, or magnetic tape so as Co order, instruct, or authorize a financial insCitution ta debit <br />or credit an account. Such term includes, but is not lirnited 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 Chose 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 praceeds 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 part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insarance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />� �� <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT . <br />�-B(N�� (0811) Page 2 of 15 in�t�ais: Form 3028 �/0� <br />