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2oioo9o3c <br />(C)"Lender"is Wome Federa1 Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Lodn <br />organized and existing u.nder the laws of T h e S t a 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 />Lender is the bene�iciary under this Security Instnunent. <br />(D) ��Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory nate signed by Borrower aud dated D e c e m b e r 0 2. 2 010 . <br />The Note states that Borrower owes Lender ONE HUNDRED FOURTEEN THOl1SAND 7W0 <br />WUNDRED SEVEN7Y AND 00/100 Dollars <br />(U.S. $ 1x4, 270. QO ) plus interest. Borrower has prornised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J� n u a r y 1, 2 0 2 6 . <br />(� "Property" means the property that is described b�low under the heading "Transfer of 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 Note, and all sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check bax as applicable]: <br />� Adjustable Rate Rider ❑ Condaminium Rider � Second Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider ❑ 1-4 Farnily Rider <br />❑ VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances aud administrative rules and orders (that have the effect of law) as well as all applicable �na1, <br />non-appealable judicial opinions. <br />(J) "Commanity AssocIation Dues, Fces, and Assessments" means al.l dues, fees, assessmenCs and other <br />charges ihat are irnposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Ftinds Transfer" mean.s a,ny transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electranic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited ta, point-of-sale transfers, automated teller <br />�nachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those icems that are described in Section 3. <br />(Nn "Miscellaneous Procceds" meaus any compensation, settlement, award af damages, or praceeds paid <br />by any third pariy (ather than insurance proceeds paid under the coverages described in Section 5) fqr: (i) <br />damage to, or destruction of, the Property; (ii) condernnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentatians of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" means insurance proteccing Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannia Mae/Fraddie Mac UNIFORM INSTRUMENT <br />�-61NE) �o8t t 1 Page 2 of 15 in�t�ais: � Form 3028 7l01 <br />� <br />