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201009363
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Last modified
1/11/2011 2:25:01 PM
Creation date
12/15/2010 4:20:19 PM
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DEEDS
Inst Number
201009363
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. . �: * � .1 <br />201oo93s� 2oioa5171 <br />(C)"Lender"is Home Federal Savings and Loan Assn af Grand Island <br />Lender is a Savings and Loan <br />organized and existing under the laws of The State of Nebraska <br />Lender's address is 221 South Locust St Grand Island N� 68801- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "TCUStee" is Arend R Baack, Attarney <br />(E) "Note" means the promissory note signed by Borrower and dated July 21, 201p . <br />T1ae Note states that Borrower owes I.ender ONE HUNDRED TWENTY THREE THOUSAND SEVEN <br />xurmxE� AND 00/100 Dollars <br />(U.S. $ 123, 700 .OU ) plus interest. Borrower has pramised to pay this debt in regular Periodic <br />Payrnents and to pay the debt in full not later than August 1, 2025 . <br />(� "Property" means the property that is described belaw 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 sunns due under this Security Instnunent, plus interest. <br />(� "Riders" means all Riders to this Security Instrument that are executed by Botx'ower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider � Candorninium Rider � 5econd Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider [� 1-4 Fanvly Rider <br />0 VA Rider 0 Biweekly Payment Rider [] Other(s) [specify] <br />(I) "Applicable Law" nneans all controlling applicable federal, state and local. statutes, regulations, <br />ordinances and adrninistrative niles and arders (that have the effect of law) as well as a11 applicable �inal, <br />non-appealable judicial opinions. <br />(,n "Community Assceiation Dues, Fces, and Assessmeaxts" means all dues, fees, assessments and other <br />charges that are irnposed on Borrower or the Property by a r,ondaminiurn association, homeowners <br />association or similar organization. <br />(K) "Electronic F�unds Transfer" ineans any transfer of funds, other than a transactian originated by <br />check, draft, or simila�r paper instrument, which is initiated through an electronic temunal, telephonic <br />instrument, cornputer, 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 to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" rneans those items that are described in Section 3. <br />(� "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 />da�►age to, or destruction of, the Property; (ii) condernnation or other taking of all or any part of the <br />Propearty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgag+� �►sU�'�..�i�ea� insurance protecting Lender aga�nst the nonpayrnent of, or default on, <br />the I..,oan. <br />IYEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMEN7 ����/'�� <br />� -B�NE) 1081 t) Page 2 af 15 i��c�ais: F=1.�1 Form 3028 7/07 <br />� ��-�� <br />
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