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201007919
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Last modified
1/11/2011 2:34:54 PM
Creation date
10/26/2010 4:16:08 PM
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DEEDS
Inst Number
201007919
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2oioo�9ls <br />(C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I s1 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 />Lender's address is 221 South Locust St Grand Isl and NE 5$801- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated 0 c t o b e r 21, 2 O 10 . <br />The Note states that Borrower owes Lender pNE Hl1NDRED S�VENTY EIGHT THOUSAND FOl1R <br />HUNbRED ANp OU/100 Dollars <br />(U.S. $ 17$ , 400 . 00 ) plus interest. Borrower has promised ta pay this debt in regular Periodic <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 />(� "Property" means the property that is described below under the heading "Transfer af Rights in the <br />Froperty." <br />(G) "Loan" rneans the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and a11 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 Borrower [check box as applicable]: <br />� Adjustable Rate Rider � Condorninium Rider 0 Second Home Rider <br />0 Balloon Rider � Planned Urut Develapment 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 />(J) "Commanity Association Dues, Fees, and Assessments" means a11 dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association ar similar organization. <br />(K) "Electronic F'�nds Transfer" means any transfer of funds, other thar� a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as ta order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale Cransfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and autornated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items chat are described in Section 3. <br />(M) "Miscellaneous Praceeds" means any compensation, settlement, award of damages, or praceeds 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 condemnation; or (iv) misrepresentations of, or ornissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - 5ingie Family - Fannie Mae/Freddia M�c UNIFORM INSTRUMEN7 <br />�-B(NE) �oaiil Pege 2 of 16 Initials: <br />Form 3p28 1/01 <br />� <br />
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