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201009706
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Last modified
12/27/2010 4:22:54 PM
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12/27/2010 4:22:53 PM
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DEEDS
Inst Number
201009706
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�o�oos7o� <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e S t a� e o f N e b r a s k a <br />Lender's address is 221 South Lpcust St Grand Isl and NE 688U1- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" rneans the promissory note signed by Barrawer and dated p e c e m b e r 17 , 2 010 . <br />The Note states that Borrower awes L.ender 0 N E H U N 17 R E D E I G H T Y F 0 U R T H 0 U 5 A N D A N D <br />0 0/ 10 0 Dollars <br />(U.S. $ 184. 000 . 00 ) plus interest. Barrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J a n u a r y 1, 2 0 2 6 . <br />(F� "Property" means tha property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" meazas the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and al1 sums due under this Security Instrurnent, plus interest. <br />(I� "Riclers" rneans all Riders ta this Security Instrument that are executed by Barrawer. The following <br />Riders aze to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Ridear 0 Condominium Rider 0 Second Home Rider <br />[� Balloon Rider 0 Plam�ed Unit Development Rider � 1-4 Family Rider <br />0 VA Rider 0 Biweelcly Payment ltider [� Other(s) [specify] <br />(n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative niFes and orders (that have the effect of law) as well as all applicable final, <br />non-appeadable judicial opinions. <br />(,n "Community Association Dues, Fe.es, and Assessments" means all dues, fees, assessments and other <br />charges tta,at are impased on Borrower or the Property by a condomurium association, homeowners <br />association or sixnilar organization. <br />(I� "Electrnnic Func� Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instnunent, which is initiated through an electronic temunal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term xncludes, but is not limited to, point-of-sale tra�nsfers, automated teller <br />machine transactions, transfers initiated by telephane, wire transfers, and autornated clearinghause <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(11� "Miscellaneous Proceeds" means any compensation, settlament, award of damages, or proceeds paid <br />by any third party (other than insurance praceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyat�ce in lieu of condemnatian; or (iv) misrepresentations of or oznissians as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" means insurance protecting L.ender against the nonpayment of, or default on, <br />the T..,oan. <br />NEBRASKA - Singla Family - Fannie Maa/Fweddie Mac UNIFORM INSTRUMENT <br />�-fi�NE) 108>>1 Pege 2 of 15 iniciais: Form 3028 1/01 <br />� <br />��� <br />
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