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2oia�9��5 <br />(C) "Lender" is Home Federal Savings and Loan Assn of Grand Isl and <br />Lender is a Savi ngs and Loan <br />organized and existing under th� laws of T h e S t a t e o f N e b r a s k a . <br />Lender's address is 221 South Locust St Grand Is1 and NE 6$801- <br />�,ender is the bene�ciary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory nate signed by Borrower and dated D e C e m b e r 2 4, 2 O 10 . <br />The Note states that Borrower awes Lender ONE HUNDRE� TWIRTY NINE THOUSAND THREE <br />HUNDREQ TMIRTY AND 00/100 Dollars <br />(U.S. $ 139 . 330 . 00 ) plus interest. Borrower 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 the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Laan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(� "Riders" means all Riders to this Security Instrument that aze executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Candorninium Rider � Second Home Rider <br />0 Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />0 VA Rider � Biweekly Payrnent Rider 0 Other(s) [specify] <br />(I) "Applicable Law" m�ans all controlling applicable federal, state and lacal statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(.n "Community Assoc►ation Dues, Fees, and Assessments" rneans all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium assaciation, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transactian originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, cornputer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />ar credit an account. Such term includes, but is nat limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those iterns that are described in Sectian 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award af damages, or proceeds paid <br />by any third party (ocher than insurance praceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condernnation or other taking af all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) nnisrepresentations of, or ornissions as to, the <br />value and/or condition of the Property. <br />(I� "Mortgage Tnsarance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENt <br />� -B�N�) iosi i� Page 2 of 15 i��c�ais: �/���Form 3028 1/01 <br />� —_.�.__ <br />