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201007879
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Last modified
10/25/2010 4:35:29 PM
Creation date
10/25/2010 4:35:28 PM
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DEEDS
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201007879
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2oiourrs79 <br />(C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and <br />Lender is a 5dvi ngs and Lodn <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 a <br />Lender's address is 221 South Locust 5t Grand I sl and NE 68801- <br />L.ender is the bene�iciary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promussory note signed by Borrower and dated 0 c t o b e r 18 , 2 O 10 . <br />The Note states that Borrower owes I.ender SEVENTY FIVE THOUSAND 7W0 Hl1NDRED AND <br />0 0/ 10 0 Dollars <br />(U. S. $ 7 5, 2 0 0. 0 0 ) plus interest. Borrower has pramised to pay this debt in regular Periodic <br />Payrnents and to pay the debt in fu11 not later than N o v e m b e r 1. 2 0 3 0 . <br />(� "Property" means the property that is dsscribed below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepaycnent charges and late charges <br />due under the Nate, and all sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to this Security Instrument ttxat are executed� by Borrower. The following <br />Riders aze to be executed by Borrower [check box as applicable]: <br />[] Adjustable Rate Rider ❑ Condominium Rider � Second Home Rider <br />[] $alloon Rider [.� Plazined Unit Development Rider � 1-4 Family Rider <br />[] VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(n "Applicable Law" rneans all controlling applicable federal, state and local statutes, regulations, <br />ordinances and aciministrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(� "Community Assaciation Dues, �'ces, and Assessments" means all dues, fees, assessments and other <br />charges that aze imposed on Borrower or the Property by a condominium association, homeowners <br />association or sinnila�r organization. <br />(I� "Electronic Ftinds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, ar similar paper instrument, which is initiated through an electronic ternunal, telephonic <br />instarument, computer, or magnetic tape sa as to order, instruct, ar authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limital ta, point-of-sale transfers, autornated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" rneans those items that are described in Section 3. <br />(11� "Miscellaneous Prceeeds" means any cornpensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds 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 condernnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or cpndition of the Property. <br />(I� "Mortgage Irnsurance" means insurance protecting Lender against the nonpayment of, ar default on, <br />the I..oan. <br />NEBRASKA - Single Family - Fannia Mae(Freddie Mac UNIFORM INSTRUMENT <br />�-B(NE) lost t1 Page 2 of 15 in�t�ais: Fvrm $028 7/01 <br />
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