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201008463
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Last modified
11/12/2010 4:24:28 PM
Creation date
11/12/2010 4:24:27 PM
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DEEDS
Inst Number
201008463
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2oioas4�� <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Is1and <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e S t a t e o f N e b r� s k a <br />I,ender's address is 221 South Locust St Grand Is1 and NE 68801- <br />Lender is the bene�iciary under this Security Instrurnent. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory nate signed by Borrower and dated N 0 v e m b e r 10 . 2 p 10 . <br />The Note states that Borrower owes Lender 0 N E H U N b R� D F I FT Y F I V E T H 0 U SA N D AN D <br />0 0/ 10 0 Dollars <br />(U. S. $ 15 5, U 0 0. 0 0 ) plus interest. Borrower has prornised to pay this debt in regular Periodic <br />Paymencs and ta pay the debt in full not later than D e c e m b e r 1. 2 0 2 5 . <br />(F� "P'roperty" means the property that is described below under the h�ading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debc evidenced by the Note, plus interest, any prepayment charges and late chazges <br />due under ihe Note, and all sums due under this Security Tnstnrrnent, plus interest. <br />(I� "Ride�rs" means all Riders to this Security InsCrument that are executed by Borrower. The following <br />Riders are co be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider ❑ Condominiurn Rider 0 Second Hame Rider <br />� Balloon Rider ❑ Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider 0 Biweekly Payrnent Rider � Other(s) [specify] <br />(I) "Applicable Law" rneans a11 cantrolling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have thc effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Comrnunity Associatian Dues, Fees, and Assessments" nneans all dues, fees, assessments and other <br />charges ihat are imposed on Borrower or the Property by a condominium association, homeowners <br />associacion or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, dxa�t, ar similaz paper instrurnent, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debic <br />or credit an account, Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transaccions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escraw Items" means those items that are described in Section 3. <br />(1Vn "Miscellaneous Procceds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section S) for: (i) <br />darnage to, ar destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of candernnation; or (iv) misrepresentations of, or om�issions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" means insnrance protecting Lender against the nanpayment of, ar default on, <br />the L.oan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-B�NE) lost t 1 Page 2 of 15 iniciais: Fprm 3028 7/09 <br />� � � <br />, '1 � <br />�J <br />
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