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201008630
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Last modified
11/18/2010 4:34:32 PM
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11/18/2010 4:34:31 PM
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DEEDS
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201008630
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2oiooss3o <br />(C) "Lender" is Home Federal Savings and Loan Assn of Grand Isl and <br />Lender is a Sdvi ngs dnd Loan <br />organized and existing under the laws of T h e S t a t e o f N e b r a s k a <br />Lender's address is 221 South Locust St Grand Isl and NE 68801- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means ttae promissory nate signed by Borrower and dated N p v e m b e r 17 . 2 O 10 . <br />The Note states that Borrawer owes Lender NINETY SIX THOUSAND THREE MUNDRED <br />NINETY AND 00/100 Dnllars <br />(U.S. $ 96 , 390 . 00 ) plus interesc. 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 2 5 . <br />(F� "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 prepayrnent charges and late chazges <br />due under the Note, and all sums due under this Security In.scrument, plus interest. <br />(I-n "Riders" means all Riders ta this Security Instrument that are executed by Borrower. The following <br />Riders aze to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Condorninium Rider 0 Second Home Rider <br />� Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider <br />0 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 />(.n "Community Association Dues, Fces, and Assessments" mcans all dues, fees, assessments and other <br />charges that are imposed on Bonower or the Property by a condominiurn association, homeawners <br />assaciatian or similaz organization. <br />(K) "Electronic Funds Trans�er" means any transfer of funds, ocher than a transaction originated by <br />check, dra�t, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, ar authorize a financial institution to debit <br />ar credit an account. Such terxz� includes, but is not limited to, point-af-sale transfers, automated teller <br />rnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghousc <br />transfers. <br />(L) "Escrow Iterns" means those items that are described in Section 3. <br />(11� "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 Property; (ii) condemnation or other taking of all or any part of che <br />Property; (iii) conveyance in lieu of condemnation; ar (iv) misrepresentations of, or omissions as to, the <br />value and/or canditian 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 - Fannle Mae/Freddie Mac UNIFpRM INSTRUMENT <br />�-g���) �p�i i � Pege 2 of 16 iniciais: - Form 3028 1/01 <br />�/ � <br />` � t _il. .... <br />
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