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201008345 (C) " Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and Lender is a 5avi ngs and Loan organized and existing under the laws of T h e S t d t e o f N e b r a s k d Lender's address is 221 South Locust St Grand Isl and NE 68801- I,ender is the bene�iciary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" rneans the promissory note signed by Bonower and dated N a v e m b e r 0 5. 2 010 . "The Note states that Bonower owes Lender ONE HUNDRED FORTY THOUSAND FOR7Y FIVE AND 00/100 Dollars (U.S. $ 140 . 045 . OD ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than Q e c 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 prepaymenC charges and late chaz�ges due under the Note, and all sums due under tb.is Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrurnent that are executed by Borrower. T'he following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider ❑ Condorninium Rider 0 Second Home Rider 0 Balloan Rider � Planned Unit Development Rider 0 1-4 Family Rider 0 VA Rider 0 Biweekly Payment Rider � Other(s) [specify] (I) "Appl3cable I..aw" means all controlling applicable federat, state and local statutes, regulations, ordinances and administrative rules an.d orders (that have the effect of law) as well as all applicable �na1, non-appealable judicial opinions. (.n "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other charges that aze imposed on Borrower or the Property by a condominiurn association, homeowners association or similar orgaanization. (K) "Electronic Funds Transfer" rneans any transfer of funds, othsr than a transaction originated by check, draft, or sirnilaz paper instrurnent, which is initiated through an electronic termianal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorizs a fmancial inscitution ta debit or credit an account. Such term includes, but is not limited to, point-of-saJe transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and autamated clearinghouse transfers. (L) "Escrow Ite�ns" means those items that are described in Section 3. (11� "Miscellaneous Praceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Sectian 5) for: (i) damage to, or destructian af, the Property; (ii) candemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) rnisrepresentations of, or omissians as to, the value and/or condition of the Property. (1� "Mortgage Insnrance" means insurance protecting Lender against the nonpayrnent of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTiiUMENT �-6�NE) 1081 t 1 Pa9e z or i s i��t�ais: Porm 3028 1/01 r /