Laserfiche WebLink
�ni��0��� <br />(C)"Lender"is Home F�deral Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Lvan <br />organized and existing under the laws of 7 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 68801- <br />L.ender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated J a n u a r y 19 . 2 011 . <br />The Note states that Borrower owes Lender ONE HUNDRED TWENTY TWO THOUSAND SEVEN <br />Hl1NDRED FIFTEEN AND 00/100 Dollars <br />(U.S. $ 122 ,�15 . oo ) plus interest. Barrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than F e b r u a r y 1, 2 0 2 6 . <br />(F� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all surns due under this Security Tnstrurnent, plus interest. <br />(I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider � Candominium Rider � Second Home Rider <br />� Balloon Rider � Planned Unit Develapment Rider � 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" means a11 controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Commanity Assaciation 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, hoz�c�eowners <br />association or similar organization. <br />(K) "Electronic F�nds Transfer" means any transfer af funds, other than a transaction originated by <br />check, draft, or sitnilar paper instrument, which is initiated through an electranic terminal, telephonic <br />instrument, cornputer, or magnetic tape so as to order, instruct, or authorize a�nancial institution to debit <br />ar credit an account. Such term includes, but is not limited ta, 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 thase iterns that are described in Section 3. <br />(1Vn "Miscellaneous Proceeds" means any compensation, settlernent, awaxd 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) condemnation 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 protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddia Mac UNIFORM INSTRUMENT ' <br />�-B�NE) (0811) Page 2 of 15 Initials: l�_ Form 3028 1l01 <br />� <br />