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2010089� (C)"Le�der"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized aud 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 Sou�h Locust St Grand I sl and NE 68801- I..ender is the beneficiary under this Security Instruznent. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Boz�rower and dated N o v e m b e r 2 9, 2 O 10 . The Nate states that Borrower owes Lender 0 N E H U N D RE D T H I RTY T H R E E T H Q U 5A N b N I N f HUNDRED FIFTY AND 00/100 Dollars (U.S. $ 133 , 950 . 00 ) plus interest. Borrower has prornised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than b e c e m b e r 1, 2 0 4 0 . (� "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debc evidenced by the Nate, plus interest, any prepayment charges and late chazges due under the Note, and all sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to cl�is Security Tnstrument that are executed by Borrawer. The following Riders are to be executed by �orrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider � Balloon Rider ❑ Plarmed Unit Development Rider � 1-4 Family Rider � VA Rider � Biweekly Payment Rider 0 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 a11 applicable final, non-appealable judicial apinions. (.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and ather chazges that are i�nposed on Bonower or the Property by a condominium association, homeawners association or similar organization. (K) "Electronic F�nds Transfer" means any transfer of funds, other ttian a transaction oz�ginated by check, draft, or similaz paper instrument, which is initiated through an electranic terminal, telephonic instrument, cornputer, or magnetic tape sa as to order, instruct, or authorize a financial institution to debit or credit an accaunt. Such term includes, but is not limited to, point-of-sale transf�rs, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (1� "Nliscellaneous Proceeds" rneans any compensation, settlement, award of damag�s, or proceeds paid by any third party (ather than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction 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/ar candition of the Property. (1� "Mortgage Insurance" rneans insurance protecting I..ender against the nonpayment of, pr default on, the Loan. NEBRA$KA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT 1 �-6(N@� (0811) Page 2 of 15 Initials: �„� Form 30Z8 �/�7 ��