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2oioos4s� <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Tsland <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h� S t d t e o f N e b r a s k a <br />Lender's address is 221 South Locust St Grand Isl and N� 68801- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" 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 12 . 2 O 10 . <br />The Note states that Borrower owes Lender ONE HUNDRED 5IX 7HOU5AN� SIX HUNDRED <br />EIGHTY FIVE ANQ 00/100 Dollars <br />(U.S. $ 106 . 6$5 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full nat later than D e c e m b e r 1, 2 0 4 0 . <br />(� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <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 sums due under this Security Instrument, plus interest. <br />(I� "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 � Condorniniurn Rider 0 Second Hom� Rider <br />❑ Balloan Rider ❑ Planned Unit Development Rider � 1-4 Family Rider <br />[� VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and ordars (that have the effect of la�c�v) as well as all applicable �nal, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fces, and Assessments" rneans all dues, fees, assessments and other <br />charges that are irnposed on Borrower or the Property by a condominium association, homeowners <br />association or sirnilar organization. <br />(K) "Electronic Funds Transfer" means any traa�sfer of funds, ather than a transaction originated by <br />check, draft, or sirnilar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, camputer, or rnagnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller <br />nnachine transactions, transfers initiated by telephone, wire transfers, and autamated cleazinghouse <br />transfers. <br />(L) "Escrow Items" means those items that aze described in Section 3. <br />(M) "Miscellaneous Proceec�s" ameans any compensation, settlernent, award of darnages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Martgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFpRM INSTRUMENT /�� <br />�-81NE) 108111 Paqe z of i5 initiais: �� � 'r_Form 3028 11p7 <br />� <br />