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201008854 (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island L.ender is a Savi ngs and l.oan 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 . Lender's address is 221 South Locust St Grand I sl and NE 68801- Lender is the bene�ciary under this Security Instrument. (D) ��Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated N b v e m b e r 19 , Z 010 . 'I'he Note states that Borrawer owes L,Qnder N I N ET Y F I V E T H 0 U SA N D 5 E V E N H U N Q R E D A N D 0 o i i o o Dorl�s (U.S. $ 95 , 700 . OU ) plus interest. Barrower has promised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than D e c e m b e r 1. 2 Q 4 0 . (F� "Property" nneans the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" means We debt evidenced by the Nate, plus interest, any prepayment charges and late charges due ua�der ihe Npte, and all sums due under this Security Instnunent, plus interest. (I� "Riders" means all Riders to this Secnrity 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 0 Second Home Rider � Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider ❑ VA Rider ❑ Biweekly Paymenc Rider � Other(s) [specify] (I) "Applicable Law" means all cantrolling applicable federal, state and local statutes, regulations, ordinances and adrninistrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Association Daes, Fees, and Assessments" means all dues, fees, assessrnents and other charges that are imposed on Borrower ar the Property by a condominium assaciation, homeowners association or similar organization. (K) "Electronic �nds Transfer" means any transfer of funds, other than a trazisactian originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrurnent, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debiC or credit an account. Such term includes, but is not limited to, point-of-sale traz�sfers, autornated teller machine transactions, transfers initiated by telephone, wire transfers, and auComated clearinghouse transfers. (L) "Escrow Items" means those items that aze described in Section 3. (1Vn "Miscellaneous Praceeds" means any compensation, 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 destruction of, the Property; (ii) condernnation or other taking of all or any part of the P�roperty; (iii) conveyance in lieu of condemnation; ar (iv) misrepresentatiqns of, or omissions as to, the valuc and/or condition of the Praperty. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayrnent of, or default on, the I.oan. NEBRASKA - Single Family - Fpnnle Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) loei i � Page z ot i 5 inieiais Form 3028 1I01