Laserfiche WebLink
201008474 <br />(C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of 7 h e$ t a� e o f N e b r a 5 k d <br />I,ender address is 221 South l.ocust St Grand Isl and NE 68801- <br />J..,ender is the beneficiary under t1�is Security Instrument. <br />(D) "Trustee" is Arend R Baack. Attorney <br />(E) "Note" means the promissoary note signed by Borrower and dated N o v e m b e r 10 . 2 01 p . <br />The Note states that Borrower owes I.ender E I 6 HT Y 0 N E T H p U SA N D S E V E N H lJ N D R� b F I FT Y <br />AND QO/100 Dallars <br />(U.S. $ 81, 750 . 00 ) plus interest. Borrower has paromised to pay this debt ian 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 2 0 . <br />(� "Property" means the property that is described below under the heading "Traa�sfer af 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 a11 sums due under this Security Instrument, plus interest. <br />(� "Riders" rneans all Riders to this Security Instrument that are executed by Borrower. '�hc following <br />Riders are to be executed by Borrower [check bax as applicable]: <br />� Adjustable Rate Rider � Condominiwn Rider � Second Hame Rider <br />� Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local 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 opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condaminiurn association, homeawners <br />association or similar organization. <br />(K) "Electronic �nds Transfer" means any transfer of funds, ather than a transaction originated by <br />check, draft, or similar paper instru�nent, which is initiated through an electronic tezminal, telephonic <br />instrument, computer, or rnagnetic tape so as to order, instruct, or authorize a financiaJ institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transactians, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(Nn "Miscellaneous Proceeds" 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 5) for: (i) <br />damage to, or destruction of, the Properiy; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepres�ntations of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUM�N <br />�-61NE) �ost t 1 Pege 2 of 15 <br />Fprm 3028 1l01 <br />