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201008851
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Last modified
1/11/2011 1:42:34 PM
Creation date
11/29/2010 3:59:34 PM
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DEEDS
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201008851
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�oioo$s�� <br />(C) "I,ender" is Home Federal Savi ngs and Laan Assn of Grand I sl and <br />�nder is a Savi ngs and Loan <br />arganized and existing under the laws of T h e S t d 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 />L.�nder is the beneficiary under this Security Instrument. <br />(D) "Z�ustee" is Arend R Baack, Attarney <br />(E) "Note" meat�s the promissory note signed by Borrower and dated N p v e m b e r 19 , 2 010 . <br />T'he Note states thaC Borrower owes I.ender ONE WUNDRED TW�NTY FIVE THOUSAND FOUR <br />HUNDRED AND 00/100 Dollars <br />(U.S. $].25 , 400. 00 ) plus interest. Borrower has prom�ised to pay this debt in regular Periodic <br />Payments a�nd to pay the debt in full nat later than De cembe r 1, 2 0 2 5 . <br />(Fj "Property" means the property tb„at is described below und�r the heading "Transfer 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 Nate, and all suins due under this Security Instrument, plus interest. <br />(I� "Ridec�s" means all Riders to this Security Instivment that are �xecuted by Bonrower. The following <br />Riders aze to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Condominium Rider ❑ Second Home Rider <br />[] Halloon Rider ❑ Planned Unit Development Rider ❑ 1-4 Family Rider <br />❑ VA Ttider ❑ Biwe�kly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulatians, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />npn-appealable judicial apinions. <br />(,n "Corm�munity Association Due�, Fces, and Assessments" means a11 dues, fees, assessments and other <br />charges that are imposed on :Bortower or the Property by a condominium association, homeawners <br />association or s�imilar organization. <br />(K) "Electro�c k�nds 'I�ansfer" means any transfer of funds, oWer than a trat�saction originated by <br />check, draft, or similar paper inst�ument, which is initiated t.�rough an electronic terminal, telephonic <br />instnunent, compucer, or magnetic tape so as to order, instruct, or authorize a�inauciai institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automate�i celler <br />machine taransactions, transfers initiated by telephone, wire transfers, and automated clearinghoase <br />transfers. <br />(L) "Escrow Items" means those itenas that are described in Section 3. <br />(1Vn "Miscellaneous Procceds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the covearages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) con.demnation or other taking of all or any part af the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentatioas of, ar omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" meaz►s insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mue/Freddia Mac UNII�ORM INSTRUMENT <br />�$(NE) 10871) Pape 2 of 15 �nK�ela: Form 3028 1109 <br />� . <br />
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