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2�10��8�� <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Island <br />Lender is a Sdvi ng5 dnd Lpan <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 />Lender's address is 221 South Locust St Grand I sl and NE 68$O1- <br />L.ender is the bene�ciary under this Security Instruznent. <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 1' 3 0. 2 010 . <br />The Note states that Borrower owes Lender 0 N E H lJ N D R E D TWO 7H 0 U S AN D F 0 U R H U N D R E D <br />AND OQ/1UU Dollars <br />(U.S. $ 102 . 40U . UU ) 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 41 . <br />(k� "Property" means the property that is described below under the heading "Transfer af Rights in the <br />Property." <br />(G) "Loan" means the debt evidenceci by the Note, plus interest, any prepayment charges and late charges <br />due under the Nate, and all sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to this Security Instnunent that are executecl by Bor�'ower. The following <br />Riders are Co be executed by Borrower [checic box as applicable]: <br />0 Adjustable Rat� Kider 0 Condominium Rider 0 Second Home Rider <br />❑�alloon Rider 0 Planned Unit Developmen.t Rider 0 1-�3 Family Rider <br />[.� VA Rider 0 Biweekly Payment Ridex 0 Other(s) [specify] <br />(I) "Appiicable Law" means a11 cantratling applicable federal, state and local statutes, regulations, <br />ordinances and actrninistrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Community Association Dtires, Fces, arnd Assessments" means all dues, fees, assessments and other <br />charges that are imposed an Borrower or the Property by a condominium association, horneowners <br />association or similar organizatian. <br />(K) "Electronic �nds 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 />insttluxtent, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />oz' credit ata account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />rnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escror�v Items" means those items that aze described in Section 3. <br />(1� "Miscellaneous Proceeds" means any compensation, settlement, award af 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) candemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" means insurance prot�.cting Lender against the nonpayment af, ar default on, <br />the L,aan. <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �os�i� Page2of 15 �n�tia�s: � Form 3028 1l01 <br />� <br />� <br />