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2oioo93s� (C) "Lender" is Home Federal Savi ngs and Loan Assn af Grand I sl 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 Lacust St Grand Isl �nd NE 68801- L.ender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Borrower and dated � e c e m b e r 13 . 2 010 . The Note states that Borrowerowes I,ender THIRTY ONE THOUSANp FIVE HUNDRED AND 0 D/ 10 0 Dollars (U. S. $ 31, 5 0 0. 0 0 ) plus interest. Borrower has promised to pay ttxis 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 . (� "Property" tneans 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 prepayznent charges and late charges due under the Note, and all surns due under this Security Instrument, plus interest. (� "Riders" rneans all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Barrawer [check box as applicable]: � Adjustable Rate Rider � Candomiruurn Rider 0 Second Home Rider � Balloon Rider 0 Planned Unit Development Rider � 1-4 Farnily Rider 0 VA Rider � Biwe,ekIy Payrnent Rxder 0 Other(s) [specifyJ (n "Applicable I.aw" �eu�s all GontrolIing applicable federal, sCate and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (.n "Community Association Dues, Fecs, and Asse.SSments" means all dues, fees, assessments and other charges that are imposed on Barrower or the Properiy by a condorninium association, homeowners association or similar organization. (K) "Electronic Ft►nds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, whieh is initiated through an electronic ternunal, telephonic instrument, cornputear, vr magnetic tape so as to order, instruct, or authorize a�nancial institution to debit or credit an acco�nt. Such ternn includes, but is not limited Co, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and autornaCed clearinghouse transfers. (L) "Fscrow Items" rneans those items that are described in Sectian 3. (Nn "Miscellaneous Proceeds" tneans any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section S) for: (i) damage to, or destruction of, the Property; (ii) condernnation or other taking af all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (I� "Mortgage Insnrance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INS7RUMENT �-6�NE) (081 � 1 Page 2 of 15 �nrtrta� Form 3028 1/01 �