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2a1�oo4g2 (C) "Lender" is Home Federal 5avi ngs and Loan Assn of Grand I sl and Lender is a Savi ngs dnd Loan arganized 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 Instzvment. (D) "Trus#ce" is Arend R Baack, Attorney (E) "Note" zneans the promissory note signed by Borrawer and dated J d n u a t' y 2 0, 2 011 . The Note states that Borrower owes Lender S I X T Y T W 0 T H 0 U S A N D N I N E H U N D R E D A N D 0 0/ 10 0 Dollars (U.S. $ 6P . 900 . OU ) 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 . (F� "P�'operty" means the property that is described below under the heading "Transfer of Rights in the Propexty. " (G) "Loan" means the debt evidenced by the IVote, plus interest, any prepaymenc charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (� "Riders" means all Riders to this Security Instnunent that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second Horne Rider � BalToon Rider � Planned Unit Development Rider 0 1-4 �'amily Rider � VA Rider ❑ BiweekTy Payment Rider 0 Other(s) [specify] (1) "Applicabi� Law" mean.s all controlling applicable federal, state and local statutes, regulations, ordinances and admirustrative rules and orders (that have the effect of law) as well as all applicable �nal, ❑on-appealable judicial opinions. (� "Community A�ssociation Dues, Fees, and Ass�ssments" means all dues, fees, assessments and other charges that are ixc►posed on Borrower or the Property by a condominiurn association, homeowners association or sirnilar organization. (K) "Electronic Funds Transfer" m�ans any transfer of funds, other than a transaction originated by check, draft, or simiIar paper i;nsttvment, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such tetxx► 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 items that are described in Section 3. (11� "Miscellaneous Proceerls" rneans any compensation, settlement, award of damages, or proceeds paid by any Chird party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Praperty; (ii) condemnation ar other taking of all or any part of the Property; (iii) conveyanc� in lieu of condernnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (I� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the T.oan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � ''� �-B�NE) loa� �l Page 2 of 15 in�t�ais:�%c� Form 3028 1/01 �