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2oioos5si (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island 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� b r a s k d Lender's address is 221 South Locust St Grand I sl and NE fi$$O1- Lender is the beneficiary under this Security Instrument. (D) "Trustc�e" is Arend R Baack. Attarney (E) "Note" rneans the promissory nate signed by Borrower and dated D e C e m b e r' 17 , 2 O 10 . The Note states that Borrower owes L.ender p N E H U N D R E D F I V E T H 0 U 5 A N D `f H R E E H U N D R E D AND 00/1Q0 Dollaz�s (U.S. $ 1.05 . 300 . 00 ) plus interest. Borrower has promised to pay this debt in regtxlar Periodic Payments and to pay the debt in full not later than J d n u d I^ y 1. 2 0 21 . (F� "Property" means the property that is described belaw under the heading "Transfer af Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayr�xent chaz'ges and late chazges 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 following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider � Second Home Rider [.� Balloon Rider � Planned Unat Development Rider 0 1-4 Family Rider [� VA Rider [] Biweekly Fayment Rider � 4ther(s) [specify) (n "Applicable Law" means a�x controlling applicable federal, state and local statutes, regularions, ordinances and adYninistrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community As.�ociation Dues, Fces, and Assessments" ►neans all dues, fees, assessments and other charges that are irnposed on Borrower or the Property by a condominium association, horneowners associatian or similar organization. (K) "Electranic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, ar simiIar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, 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 tellet' xnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (1� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, ar proceeds paid by any third party (other thazz insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destn►ction of, the Property; (ii) condernnation or other taking of a11 or any part of the Property; (iii) conveyance in lieu of condexxazaation; or (iv) misrepresentations af, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" rneans insurance protecting Lender against the nonpayment of, or d�fault on, the Loan. NEBRqSKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INS7fiUMENT �-$(NE) (081 tl Page 2 of 15 Initials:. Form �UZ$ 7/07