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��i�o��s� <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing nnder 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 bene�ciary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the pramissory note signed by Borrower and dated 0 c t o b e r 2 2, P O 10 . <br />The Note states that �orrawer owes Lender E I G H T Y S E V� N T W 0 U SA N � FO U R H U N D R E Q A N D <br />0 0/ 10 D Dollars <br />(U.S. $ 87. 400 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments an.d to pay the debt in full not later than N p v e m b e r 1, 2 0 2 5 . <br />(� "Property" means the property that is described below under the heading "Transfer of Rights in. the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, 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 Instnunent that are executed by Borrower. The following <br />Riders are to be executed by Bonawer [check box as applicable]: <br />0 Adjustable Rate Rider ❑ Candominiurn Rider � Second Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider 0 Biweelcly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" means a11 controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and arders (that have the effect of law) as well as a11 applicable final, <br />non-appealable judicial opinions. <br />(.n "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condaminiurn association, homeawners <br />association or similar organization. <br />(K) "Electronuc Ftinds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrumen.t, which is initiated through an electronic termina�, telephonic <br />instrument, computer, or magnetic tape so as to 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 transfers, autornated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Ttems" means those items that are described in Section 3. <br />(1Vn "Miscellaneous Proceeds" rneans any compensatian, 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 af, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) con.veyance in lieu of condernnation; or (iv) misrepresentations af, or omissions as to, the <br />value and/or condition of the Property. <br />(I� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />.,.� <br />NEBRASKA - Single Family - Fannie MaelFreddie M�c UNIFORM INSTRUM�N7 - <br />�-6(NE1 los> > 1 Pa�e z ot i s iniciais; .���" Form 3028 1 I07 <br />�b� : , <br />