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�oioo�s�� (C)"Lender"is Wame Federal Savings and Loan Assn of Grand Island Lender is a Sav9 ngs and Loan organized and existing under the laws of 7 h e S t a t e o f N e b r a s k a . Lender's address is 221 South LocuS� St Grand I51 and NE 68801- Lender is the beneficiary under this Security Instrurnent. (D) "Trustce" is Arend R Baack. Attorney (E) "Note" means the prornissory note signed by Borrower and dated 0 c t o b e r 2 0, 2 O 10 . The Note states that Borrower owes I.ender ONE HUNDRED FIFTEEN THOUSAND AND 00/100 Dollars (U.S. $ 115 , 000 . 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 2 5 . (� "Property" means the prpperty that is described below under the heading "Transfer of Rights in the Properiy." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instnunent, plus interest. (� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be exexuted by Borrower [check box as applicable]: [,� Adjustable Rate Rider [] Condamuuurn Rider [] Second Home Rider [] Balloon Rider [..� Planned Unit Development Rider 0 1-4 Family Rider � VA Rider [] Biw�kly Payment Rider � Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable �inal, non-appealable judicial opinions. (� "Community As.sociatian Dues, Fees, and Assessments" zneans all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium associatian, horneowners association or similar organization. (I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaz paper instnunent, which is initiated through an electronic ternunal, telephonic instrument, computer, 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, autornated teller rnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (11� "Miscellaneous Procceds" means any compensation, settlement, award of darnages, 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 af, the Property; (ii) condernnation or other taking of all or any part of the �'rop�rty; (iii) conveyance in lieu of condemnation; or (iv) rnisrepresentations of, or omissions as to, tt�e value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Maa/Freddie Mac UNIFORM INSTRUMENT /� (1��_g��) �p$� �� Page 2 of 15 Initlal . '1 �'` � � Form 3028 1l01 ��A r