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20100798$ <br />(C) "Lender" is Home �ederal Savi ngs and Loan Assn of Grand Isl and <br />Lender is a Savi ngs and l.aan <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 Lo�us� St Grand Isl and NE 68$01- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" rneans the prornissory note signed by Borrower and date� 0 c t o b e r 2 2, 2 O 10 . <br />The Nate states that Borrower owes Lender 0 N E H U N� R E D TE N TH OU SA N D F I V E H U N DR E D <br />AND 00/100 Dollars <br />(U. S. $ 110 . 5 0 0. 0 0 ) plus interest. Borrower has promised to 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 "Transf�r 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 swns due under this Security Instrument, plus interest. <br />(I� "Riders" rneans all Riders to this Security Instnunent that 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 />0 Balloon Rider [� Planned Unit Development Rider 0 1-4 Family Rider <br />[] VA Rider ❑ Biweekly Payment Rider � Other(s) [specify] <br />(n "Applicable Law" means all cantrolling applicable federal, state ac�d 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 />(� "Cammunity Association Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that aze imposed on Borrower or the Property by a c�ndominiurn association, homeowners <br />association ar similar organization. <br />(I� "Electronic �nds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or sirnilar paper instnunent, which is initiated through an electronic terminal, telephonic <br />instrument, cornputer, or magnetic tape so as to order, instruct, or authorize a�inancial institution to debit <br />or credit an account. Such term includes, but is not limited ta, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automate�i clearinghouse <br />transfers. <br />(L) "F,scrow Items" means those items that are described in Section 3. <br />(11� "Miscellaneous Procceds" means any compensation, settlement, award of damages, or procceds paid <br />by any third pazty (other than insurance proceeds paid under tl�e coverages described in Section 5) for: (i) <br />damage to, ar destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) cpnveyance in lieu of condernnation; or (iv) misrepresentations of, or ornissions as to, the <br />value and/or condition of the Property. <br />(I� "Mo�rtgage Insurance" rneans insurance protecting Lender against the nonpayment of, or default an, <br />the Loan. <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMEN7 <br />�-B�NE) loat i1 Page 2 of 75 in�t�ais: � Form 3028 1I01 <br />� <br />