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201�.Q03�.3 (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan 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 Lender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Borrawer and dated J a n u a r y 14 . 2 011 . The Note states that Borrower owes Lender ONE HUNDRED TWOl15AND AND 00/10D Dollars (U. S. $]. 0 0, 0 0 0. 0 0 ) plus inCerest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than F e b r u a r y 1, 2 0 31 . (F� "Property" means the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and a11 surns due under this Security Instrument, plus interest. (I� "Riders" means a11 Riders to this Security Instrument that are executed by Borrower. The fallowing Riders are to be executed by Borrower [check box as applicable]: n Adjustable Rate Rider 0 Condominium Rider � Second Home Rider � Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider �.�_ _. VA Rider �� Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (d) "Cammunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Barrower or the Property by a condorninium association, horneowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction ariginated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, cornputer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. 5uch term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those iterns that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlernent, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) znisrepresentations of, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insarance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRA5KA - Single Family - Fannie MaelFreddie Mac UNIFpRM INSTRUMENT . �-61NE) �oai i � Page 2 of 15 �n�t�a�s: • 'Form 3�2$ 1/Q1 � � i �.� f. .}