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201U09281 (C) "Lender" is Home Federal Savi ngs and l.oan Assn of Grand Isl and 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 I sl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the pramissory note signed by Borrower and dated D e c e m b e r 11 . 2 010 . The Note states that Borrawer owes L,Qnder � N E H 11 N D R E D S I X T Y N I N E T H 0 U SAN Q 0 N E HUNDRED THIRTY FIVE AND 00/100 Dollars (U.S. $ 169 .135 . 0� ) plus interest. Borrower has prornised to pay this debt in regular Feriodic Payments and to pay the debt in full not later than J a n u a r y 1. 2 0 Z 6 . (� "Property" means 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 surns due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The fallowing Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider � Second Home Rider 0 Balloon Rider ❑ Planned Unit Development Rider � 1-4 Family Rider [.� VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all contralling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable �nal, non-appealable judicial opinions. (J) "Community Association Daes, Fces, and Assessments" means all dues, fees, assessments and other charges that axe impased on Borrower or the Property by a condominium association, homeawners association or similar organization. (K) "Electronic Funds Transfer" rneans any transfer of funds, other than a transaction originated by check, draft, or similar paper instrurnent, which is initiated through an electronic terminal, telephonic instrument, cornputer, 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, autornated teller machine transactions, transfers initiated by telephone, wire transfers, and autamated clearinghouse transfers. (L) "Escrow Items" rneans those items that are described in Section 3. (M) "Miscellaneous Proce�ds" means any campensation, settlement, award of damages, ar proceeds paid by any Chird party (other than insurance proceeds paid under the coverages described in Section 5) far: (i) damage to, or destruction of, the Property; (ii) condemnation or oCher taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; ar (iv) misrepresentations of, or omissions 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. NEBR/1SKA - Single Family - Fannie Mae/Freddie Mec UNIFORM INSTRUMENt ' 1 r Y �-g�ry�� pe> > � paae z ot i 5 inieiais: �� Form 3028 1/09