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20i408716 (C) "Lender" is Wome Federal Savi ngs and Loan Assn of Grand Isl and Lender is a Savi ngs and Loan organized and existing under the laws of T h e S� a t e o f N e b r� s k a Lender's address is 221 South Locust St Grand I sl and N� 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated N o v e m b e r 19 , 2 O 10 The Note states that Borrower owes L.ender TW E NT Y S E V E N TH OlJ SAN D A N D 0 0/ 10 0 Dollars (U. S. $ 2 7, 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Pcriodic Payments and to pay the debt in full not later than D e C e m b e r 1, Z 0 2 5 . (F� "Property" rneans the property that is described below under the heading "'Transfer of Rights in the PropeRy." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider 0 Condominium Rider � Second Home Rider 0 Balloon Rider ❑ Planned Unit Development Rider � 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider ❑ Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable �inal, non-appealable judicial opinions. (J) "Cammunity Association Dues, Fees, and Assessments" m.eans all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condaminium association, homeowners association or sirnilar organization. (K) "Electrodic Fands Transfer" means any transfer of funds, oCher than a transaction originated by check, draft, or similar paper instrument, which is in.itiated through an electronic terminal, telephonic instrurnent, computer, or rnagnetic tape so as ta order, insCruct, or authorize a financial institution to debit ar credit an account. Sach term includes, but is not limited to, paint-of-sale transfers, automated teller machine transactions, transfers irutiated by telephone, wire transfers, and automated clearinghouse trans:fers. (L) "Escrow Iterns" means thase iterns that are described in Section 3. (1� "Miscellan�us Proceeds" means any compensation, settlement, award of damages, ar proceeds paid by any third party (othear than insurance proceeds paid under the coverages described in 5ection 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) canveyance in lien of condemnation; or (iv) rnisrepresentations of, or omissians as to, the value and/or conditian of the Property. (1� "Mortgage Insurance" rneans insurance pratecting Lender against the nonpayment of, or default on, the I.aan. NEBRASKA - Single Family - Fannie Mae/Freddia Mac UNIFORM INSTRUMENT �-6�NE) 108>>1 Page 2 of 75 inieiais: � e� Form 3028 1�09