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2olooss�� (C)"Lender"is Home Federal Savings and Loan Assn of 6rand Island Lender is a Sdvi ngs dnd Lodn 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 Lender's address is 221 South LoCust St Grand I sl and NE 68801- Lender is the beneficiary under this Security Instruxnent. (D) "Trustce" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated N a v e m b e r' 1$ , 2 O 10 . The Note states that Borrower owes I.ender F 0 R T Y N I N E T H 0 U S A N D F I V E H U N D R E D A N D 0 0/ 10 0 Dollars (U. S. $ 49 . 5 D 0. 0 0 ) plus interest. Barrawer has promised ta pay this debt in regular Periodic Payments and to pay the debt in full not later than D e c e m b e r 1. 2 Q 2 5 . (k� "Property" means the property that is described below under the heading "Transfer of Rights in the P roperty. „ (G) "Loan" means the debt evidenced by the Note, plus interest, atry prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The fallowing Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider � Second Home Rider [� Balloon Rider � Planned Unit Develapment Rider 0 1-4 Family Rider [� VA Rider 0 Biw�kly Payment Rider � Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, state arad local statutes, regulations, ordinances and administrative zvles and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condorniniurn association, honneowners assaciation or similar organization. (K) "Electronic Funds Transfer" rneans any transfer of funds, ather than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, insttvct, or authorize a financial institution to debit or credit an account. Such term includes, but is not linnited Co, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Ytems" means those items that are described in Section 3. (Nn "Miscellaneous Proceeds" means any cornpensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruccion of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (P� "Mortgage Insurance" means insurance protecting Lender against the nonpayrnent of, or default on, the L.oan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 �-B�NE) (0811) Page 2 of 15 iniciais: Form 3028 1/01 �