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2oioo$s�� <br />(C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and <br />I.ender is a Savi ngs and Loan <br />orgaz�ized and existing under the laws of T h e S t a� e o f N e b r' d 5 k a <br />Lender's address is 221 South Locust St Grand I sl and NE 68801- <br />I,ender is the beneficiary under this Secuxity Instrument. <br />(D) ��Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the pramissory note signed by Borrower and dated N o v e m b e 1' 18 , 2 O 10 . <br />The Note states that Borrower owes Lcnder 0 N E W U N D RE D S I XTY 0 N E TM OU SAN p AN D <br />0 0/ 10 0 Dollars <br />(U.S. $ 161, 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than D e C e m b e r 1, 2 0 3 0 . <br />(� "Property" means the property that is described below under Che 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 Insu�ument, plus interest. <br />(H) "Riders" means all Riders to this Security Instrument Chat aze executed by Borrower. Tlae following <br />Riders are to be executed by Borrower [check box as applicable]: <br />�] Adjustable Rate Rider � Condominium Ridear ❑ Second Home Ridear <br />❑ Balloon Rider ❑ Planned Unit Developnnent Rider ❑ 1-4 Famaly Rider <br />� VA Rider ❑ Biweekly Payment Rider ❑ Other(s) [specify] <br />(I) "App�icable Law" means a11 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 />(� "Community Assaciation Daes, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that aze imposed on Barrawer or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds T�-ansfer" mear�s any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instniment, which is initiated through an electranic tem�.iuial, telephonic <br />instrument, computer, or magnetic tape so as Co order, instruct, or autharize a financial institution to debit <br />or credit an account. Such term includes, bnt is not limited to, poivat-of-sale transfers, automated teller <br />macbi.ne transactians, transfers initiated by telephone, wire transfers, and automated clearimghouse <br />transfers. <br />(L) "Escrow Items" meaz�s those items that are described in Section 3. <br />(1Vn "Miscellaneaus 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 />darnage 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 o�, ar omissions as to, ttie <br />value and/ar 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 - Fennie Mae/Freddie Mac UNIFORM INSTRUMENT � <br />�-BINE) 1oe1t) Pege2of75 Initlala• � Form 3028 1/01 <br />