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201009790 <br />(C) "Lender" is Wome Fed�ral Savi ngs and Loan Assn of Grand I sl and <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e S t a t e o f N e b r a s k a <br />L,Qnder's address is 221 South Locust St Grand Isl and NE 68801- <br />L,ender is the bene�ciary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack. Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated D e c e m b e r 2 2. 2 O 10 . <br />The Note states that Borrower owes I..ender ONE HUNDRED FORTY THOUSAND AND 00/100 <br />Dollars <br />(U.S. $ 140 , p00 . DU ) plus interest. Barrower has promised to pay this debt in regular Periadic <br />Payments and to pay the debt in full not later than ,] 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) "Loan" means the debt evidenced by the Nate, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this �ecurity Instrument, plus interest. <br />(I� "Riders" means a11 Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider n Condominiunn Rider � Second Home Rider <br />� Balloon Rider � Planned Unit Developnnent Rider n 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider n Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and adrninistrative rules and orders (that have the effect of law) as well as all applicabl� final, <br />non-appealable judicial opinions. <br />(.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condorninium association, homeowners <br />association or similar arganization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, 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 includes, but is not limited to, point-of-sale transfers, autamated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those itenns that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for; (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking af a11 or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) znisrepresenCations of, or omissians as ta, the <br />value and/or condition of the Property. <br />(I� "Mortgage Insurance" means insurance protecting Lender against the nonpayrnent of, or default on, <br />the L.oan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UMIFQRM INSTRUMENT <br />�-6�NE) 1oet�1 Page 2 of 15 iniciais: j(; � Form 3a28 1/09 <br />6,�7,(.�—�- <br />