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2�ioo9i9s (C) "Lender" is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and 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 South Locust St Grand Isl 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 Barrower and dated D e c e m b e r D 8, 2 O 10 . The Note states that Borirower owes L.ender S E V E N 7 Y F I V E T H 0 U S A N D 0 N E H U N D R E D F 0 R T Y AN� 00/100 Dollars (U.S. $ 75 . 140 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than J a n u a r y 1. 2 0 2 6 . (F� "Property" msans the property that is described below under the heading "Transfer of Rights in the Property. (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 5ecurity 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]: � Adjustable Rate Rider � Condominium Rider 0 Second Home Rider 0 Balloan Rider � Planned Unit Development Rider � 1-4 Family Rider � VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and adrninistrative rules and orders (that have the effect of law) as well as a11 applicable final, non-appcalable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominiurn association, hom.eowners association or similar arganization. (K) "Electronic Funds Transfer" rneans any transfer of funds, other than a transaction originated by check, draft, or similar paper instn►ment, which is initiated through an electronic terminal, telephonic inscrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactians, transfers initiated by telephone, wire transfers, and autornated clearinghouse transfers. (L) "Escrow Items" a�x�eans those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any campensation, 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) condemnation or other taking of a11 or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or amissions as to, the value and/or condition of the Property. (I� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRA5KA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 �-61NE) losi iJ Page 2 of 15 in�c�ais; � Form 3028 9/01 ��