201008188 - Laserfiche WebLink

Browse

�O1U0818� (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and Lender is a Savi ngs dnd Lpan 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 Lender's address is 221 South Locust St Grand I sl and NE 68801- I..ender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the prornissory note signed by Borrower and dated N o v e m b e r 0 2. 2 D 1 D . T'he Note states that Borrower owes Lender 0 N E H 11 N D R E D F I F T E E N T H 0 lJ S A N D $ E V E N HUNDR�D AND 00/100 Dollars (U.S. $ 115 , 700 . 00 ) plus interest. Bonrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than D e c e m b e r 1, 2 0 2 5 . (k� "Property" means the property that is described below under the heading "Transfer of Rights in the Property. �� (G) "Loan" mea,ns the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (I� "Riders" means a1l Riders to this Security Instrument that a�re executed by Borrower. The followizxg Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condozninium Rider � Second Hame Rider � Balloon Rider 0 Planned Unit Development Rider � 1-4 Fa�mily Rider � VA Rider � Biweekly Payment Rider � Other(s) [specify] (Z) "Applicable Law" means all controlling applicable federal, state a�nd 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. (J) "Community Association Dues, �'ces, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condom.inium association, horneowners association or similar organization. (K) "Electronic Ftinds Transfer" rneans any transfer of funds, other than a transaction originated by check, drafC, or similar paper instrurnent, which is initiat�d through an electronic terminal, telephonic instrument, com�pnter, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such terxn includes, but is not linnited to, point-of-sale transfers, automated teller rnachine 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" means any campensation, settlement, award of damages, or proceeds paid by any third party (other than insurance paroceeds paid under the coverages described in Section 5) for: (i) da�nage ta, ar destruction of, the Property; (ii) condernnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or amissions as to, the value and/or candition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment af, or default on, the Loan. NEBRASKA - Singla Family - Fannle Mae/Freddia Mec UNIFORM INSTRUMENT �-B�NE) loa>>1 Pasez nf i5 inieiais: Form 302$ 9/09 � �