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�O10Q935� <br />(C) "Lender" is Mome Federal Savi ngs and Loan Assn of Grand I sl and <br />Lender is a Savi ngs and Loan <br />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 <br />T.ender's address is 221 $pu�h Locust St Grdnd I sl and NE 68801- <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 Barrower and dated D e c e m b e r 10 , 2 O 10 . <br />The Note states that Borrower owes Lender 0 N� H ll N D R E D S E V E NT Y S I X t H 0 U SA N D A N D <br />0 0/ 10 0 Dollars <br />(U.S. $ 176 , 000 . 00 ) plus interest. Borrower has protztised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J a n u a r y 1. 2 0 2 6 . <br />(k� "Property" means the property that is described below under the heading "Transfer af 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 int�rest. <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 box as applicable]: <br />� Adjustable Rate Rider 0 Condorninium Rider � Second Home Rider <br />� Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />0 VA Rider � Biweekly Payrnent Rider � Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and adrninistrative rules and orders (that have the effect of law) as well as a11 applicable final, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed an Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Ftinds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrurnent, which is initiated through an electronic terminal, telephanic <br />instrument, computer, or magnetic tape so as to ord�r, instruct, or authorize a financial institution to debit <br />ar credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghause <br />transfers, <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, setClement, award of damages, ar proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condem�nation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(I� "Mortgage Insurance" rneans insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INSTRUMENT <br />�-B�NE) 1o8t t 1 psee z of i 5 Initials• � Form 3028 1/09 <br />