201008190 - Laserfiche WebLink

Browse

2oioosi�o (C) "Lender" is Home Federal Savi ngs and l.oan Assn of Grand I sl and Lender 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 I.,ender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the bene�iciary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" rneans the promissory note signed by Borrower and dated N o v e m b e r 0 2, 2 O 10 . The Note states that Borrower owes L.ender F 0 U R M U N D R E b S I X T E E N T M 0 11 S A N D A N D 0 0/ 10 0 Dollars (U.S. $ 416 . 000 . 00 ) plus interest. Borrower 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 ]. . 2 0 3 � . (� "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 prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (I� "Riders" am.eans all Riders to this Secnrity Instrument that are executed by Borrower. The fallowing Riders are to be executed by Borrawer [check box as applicable]: 0 Adjustable Rate Rider ❑ Condominium Rider 0 Second Home Rider ❑ Balloan Rider ❑ Planned Unit Development Rider 0 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider � 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 "Community Association Dues, Fees, and Assessrnents" rneans all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners assaciation or similar organizatian. (K) "Electronic �nds Transfer" means any transfer af funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, camputer, or rnagnecic tape so as to order, instruct, ar authorize a�inancial institution to debit or credit an account. Such term includes, but is not limited to, 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" means any compensation, settlement, award af damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part af the Property; (iii) conveyance in lieu of condemnation; ar (iv) rnisrepresencations of, or omissions as ta, the value and/or condition of the Property. (1� "Martgage Insurance" means insurance protecting Lender against the nonpayment af, or default on, the Loan. n NEBRASKA - Single Family - Fannia MaelFreddie Mac UNIFORM INSTRUMENT �. --B�NE) loet t 1 Page 2 of 15 inieieis: �� Form 3028 9/01 �