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�oloos4s� <br />(C)"Lender"is Hame Federal 5avings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e St � t e o f N e b r a s k a <br />Lender's address is 221 5outh Locust St Grand I sl and NE 68801- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustce" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated N o v e m b e r 0 5. 2 O 10 . <br />The Note states that Borrower owes Lender 0 N E H U N D R E D F I F T Y 0 N E T H 0 U S A N D A N D <br />0 0/ 10 0 Dollars <br />(U. S. $ 151, 0 0 0. 0 0 ) plus interest. Borrower has prornised to pay this debt in regular Periodic <br />Payments and to pay the debt in fiill not later than D e c e m b e r 1, 2 0 2 5 . <br />(k') "Praperty" means the property that is described below under the heading "Transfer of Rights in the <br />Fraperty. " <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 su�ns due under this Security Instrument, plus interest. <br />(� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />[� Adjustable Rate Rider 0 Condominium Rider [] Second Home Rider <br />0 Balloon Rider � Planned Unit Development Rider [� 1-4 Family Rider <br />[] VA Rider � Siweekly Payment Rider � Other(s) [specify] <br />(n "Applicable Law" means all rantrolling applicabl� f�deral, state and lacal 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 opi�ions. <br />(,n "Commnnity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are itnposed on Borrower or the Property by a condominiuzt� associatiori, homeowners <br />association or sirnilar organization. <br />(I� "Electronic Fands Transfer" means any transfer of funds, other than a transaction originated by <br />ck►eck, draft, ar similar paper instnunent, which is initiated through an electronic ternunal, telephonic <br />instrument, cornputer, or magnetic tape so as to order, instruct, or authorize a�inancial institution to debit <br />or credit an accaunt. Such term includes, but is not limited to, paint-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow �tems" means those iterns that are described in Section 3. <br />(1Vn "Mxscellaneaus Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance procee�ls paid ux►der the coverages described in Section S) for: (i) <br />damage to, or desCruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Properiy; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations af, or omissions as to, the <br />value andJor condition of the Property. <br />(1� "MoNrtgage Insurance" means insurance protecting I,ender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT � � <br />�-fi1NE►IOattl Page2of15 inieiais: ���` �`��^^ Form3028 1l07 <br />� � <br />