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201009274
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Last modified
12/13/2010 4:43:39 PM
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12/13/2010 4:43:38 PM
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DEEDS
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201009274
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2o1ao92�� <br />(C) "Lender" is Home Federal 5avi ngs and Loan Assn of Grand I sl and <br />Lender is a Savi ngs and Loan <br />arganized and existing under the laws of T h e S t a t e o f N e b r a s k a <br />I.ender's address is 221 South Locust St Grand Isl and NE 6$$01 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack. Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated D e c e m b e r 10 , 2 O 10 . <br />The Note states that Borrower owes Lender 0 N E H U N D R E D 5 E V E N T E E N T H 0 U S A N D T H R E E <br />HUNDRED SIXTY AND UU/100 Dollars <br />�u.s. � 11� , 360 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J d n u a r y 1, 2 0 41 . <br />(� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Loan" rneans the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under Chis Security Instrument, plus interest. <br />(I� "R3ders" means all Riders Co this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider � Second Horne Rider <br />0 Ballaon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider .�.�.� Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state illl(� 1pC71 statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable �nal, <br />non-appealable judicial opinions. <br />(.n "Community Association Dues, Fees, and Assessments" tneans all dues, fees, assessments and other <br />charges Chat are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, ather than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a�nancial institution to debit <br />or credit an account. Such term includes, but is not limited ta, point-of-sale transfers, automated teller <br />rnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in 5ection 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage ta, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) canveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insarance" mcans insurance protecting Lender against the nonpayment of, or default on, <br />the L,oan. <br />NEeRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-BINE) 1o8t t 1 Page 2 af 15 Initlals: �Orrr1 $O2$ 1/01 <br />
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