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2�10U8041 (C) "Lender" is Home Federal Saving5 and Loan Assn of Grand Isl and L,ender is a Savi ngs and Loan 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 L,ender's �ddress is 221 South Locust St Grand I sl and NE 68801- Lender is the beneficiary under this Security Instrurnent. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" rneans the promissory note signed by Borrower and dated D c t o b e r 2 5. 2 0�. 0 . The Note states that Borrower owes Lender SIXTY TWO THOl1SAND FIVE HUNDRED AND 0 0/ 10 0 Dollars (U.S. $ 62 , 500 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payrnents 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 property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayrnent charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]; ❑ Adjustable Rate Rider ❑ Condominium Rider � 5ecand Hame Rider � Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (I) "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 final, non-appealable judicial opinions. (.n "Comrnunity Association Dues, Fees, and Assessments" means all dues, f�es, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other ttzan a transaction originated by check, draft, or sirnilar paper instrument, which is initiated through an electronic terminal, Celephonic instnunent, computer, ar magnetic tape so as ta order, instruct, or authorize a�nancial institution to debit or credit an account. Such cerm includes, but is not limited ta, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" rneans any compensation, settlement, award of damages, ar proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for; (i) damage to, ar destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) canv�yance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/ar condition af the 1'raperty. (1� "Mortgage Insurance" means insurance pratecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannla MAel�raddie Mac UNIFORM INSTRUMENT �-6�NE) (oe1 tl Pega 2 ot 16 Initlals: Fnrm 3025 7/Q7 �� C�