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2010�9�5� (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan nrganized 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 Locust St Gr�nd Isl and NE 68801- Lendear is the beneficiary under this Security Instnunent. (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 2 2, 2 010 . The Note states that Borrower owes Lender ONE HUNDRED SIXTY EIGH7 THOUSAND FOUR WUNDRED AND 00/100 Dollars (U.S. $ lfi$ . 400 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full noC later than J a n u a r y 1, 2 0 41 . (k� "Property" means 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 prepayment charges and late charges due under the Note, and all sums due under this Security Instrurnent, plus interest. (I� "Raders" means all Riders to this Security Instrument that are executed by Borrower. The follawing Riders are Co be executed by Borrower [check box as applicable]: � Adjustable Rate Rider [� Condominium Rider � Second Horne Rider [� Balloon Rider ❑ Planx�ed Unit Development Rider � 1-4 Family Rider [] VA Rider 0 Biweekly Payxnent Rider � Other(s) [specify] (n "Applicable I.aw" xnean,.c alI controlling applicable federal, state and local statutes, regulations, ordi.nanees axid administrative n►Ies and orders (that have the effect of law) as well as alI applicable final, non-apprealable judicial erpiueons. (� "Community Assoc�atiiop i)e�es, �ees, and As.�xsments" means all dues, fees, assessments and ather charges that are impased on Borrow�r or the Property by a condominium association, homeowners assaciatian ar sirnilar organization. (I� "Eleetronic Funds Transier" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic tenninal, telephonic insttvment, computer, or rnagnetic tape so as to order, instruct, ar authprize a financial institutipn to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, autornated teller machine transactions, transfers initiated 6y telephone, wire transfers, and automated cleaxinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (11� "Miscellaneous Proceeds" means any co�pensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) candemnatian or othear taking of all or any part of the Property; (iii) canveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of clae Froperty. (1�T) "Mortgage Insurance" rneans insura�nce protecting Lender against the nonpayment of, or default an, the I,oan. 10-000608 NEBRASKA - Single Family - Fannie Mae/Freddia lWac UNIFORM IN$TRUMENT �-BINE) �os>>� Paga2 of 15 �nitia�s: � Form 3028 1/09 � �� \