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20110037G (C) "Lender" is Home Federa1 Savi ngs and Loan Assn of Grand I sl and I..en.der is a Savi ngs and l.oan 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 T.,ender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security Tnstrument. (D) "Trustce" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Borrower and dated J a n u a r y 18 . 2 011 . The Note states that Borrower awes Lender E I G H 7 Y 0 N E T h10 U SA N D 0 N E H U N D R E D S E V E NT Y FIVE AND Op/100 Dollars (U.S. $ 81. 175 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and ta pay the debt in full not later than F e b r u a r y 1. 2 0 2 6 . (1� "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 all sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider 0 Second Home Rider 0 Balloon Rider � Planned Unit Development Rider n 1-4 Family Rider � VA Rider � Biweekly Payment Rider ��_ 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. (J) "Community Assaciation Dues, Fces, and Assessments" nzeans all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association ar sirnilar organization. (K) "Electronic �nds Transfer" means any transfer of funds, ather than a transaction originated by check, draft, or similar paper instzvment, which is initiated through an electronic terminal, telephonic instrunnent, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an accaunt. Such term includes, but is not limited to, point-of sale transfers, autonnated 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 Proceecls" means any compensation, settlement, award of darnages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Sectian 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) canveyance in lieu of condemnation; or (iv) misrepresentations af, or ornissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" rneans insurance protecting I,ender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-��N�) (0811) Page 2 of 15 Initigls: � � ,,Form 3028 9 /01