Laserfiche WebLink
2oiloo0 <br />(C)"Lender"is Hpme Federal Savings and Loan Assn of Grand Island <br />L.ender is a Savi ngs and Loan <br />organized and existing under the laws of T h e S� a t e o f N e b r a s k a <br />Lender's address is 221 South Locust S� Grand I sl and NE 68801- <br />L,ender is the beneficiary under this Security Tnstrument. <br />(D) "Trustee" is Arend R Baack. Attorney <br />(E) "Note" rneans the promissory note signed by Borrower and dated D e c e m b e r 2 4, 2 010 <br />The Nate states that Borrower owes L.ender 0 N E H U N D R E D T H Ol1 SAN D A N D 0 0/ 10 0 <br />Dollars <br />(U. S. $ 10 0. 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payrnents and to pay the debt in full not later than J a n u a r y 1, 2 0 2 6 . <br />(� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" rneans the debt evidenced by the Note, plus interest, any prepayment charges and laCe charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders ta this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider 0 Condominium Rider � Second Home Rider <br />� Balloan Rider � Planned Unit Development Rider � 1-4 Family Rider <br />[� VA Rider � Biweekly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" means all conCrolling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect af law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "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 condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic k�nds Transfer" rneans any transfer of funds, other than a transactzon originated by <br />check, draft, or sirnilar 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 instituCion to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, autornated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" rneazis any compensation, settlement, award of damages, or praceeds paid <br />by any third party (other than insurance prace�ds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Paroperty; (ii) condernnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) rnisrepresentatians of, or omissions as to, the <br />value and/or condition af the Property. <br />(I� "Mort�age Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannia Mae/Freddie Mac UNIFORM INSTRUMENT �` <br />�-61NE) �oat tl Page 2 of 15 Initials: � Form 3028 9/01 <br />/3 � <br />