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�Oi00965i (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 e b r d S k a Lender's address is 221 South Locust St Gr�nd Isl and NE 68801- Lender 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 D e c e m b e r 21, 2 O 10 . The Note states that Borrower owes Lender T W 0 H U N D R E D T H I R T Y S E V E N 7 H 0 U S A N D S I X HIJNDRED FORTY FIVE ANQ 00/100 Dollars (U.S. $ 237 . 645 . 00 ) plus interest. Borrower has promised to pay this debt in regular Pez'iodic Payments and to pay the dcbt in full nat later than J a n u a r y 1, 2 0 2 6 . (� "Property" means the property that is described below under the heading "Transfer o:f 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 sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this SecuriCy Instruxnent that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider 0 Secand Home Rider � Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulatians, ordinances and administrative rules and orders (that have the ePfect of law) as well as a11 applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fe�s, and Assessments" means all dues, fees, assessznents and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic �nds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic tern�inal, 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, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those iterns that are described in Section 3. (M) "M►scellaneous Proceeds" rneans any compensation, settlement, award of damages, or praceeds paid by any third party (other than insurance proceeds paid under the coverages describ�d in Section 5) for: (i) dannage to, ar destructian of, the Property; (ii) condernnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, ar omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Singie Family - Fannie Mae/Freddie Mac UNIFpRM INSTRUMENT �-6�NE) Ioet t1 Page 2 of 15 ��c�ais: �� O Form 3028 1/01 V v ' °�