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�alioo��c (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and Lender is a Savi ngs and Loan organize� 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 I sl and NE 6$801- T ender is the beneficiary under this Security Instrurnent. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" rneans the prornissory note signed by Borrower and dated J a n u a r y 18 . 2 011 . The Note states that Borrower owes Lender FIFTY EIGHT THOUSAND FOUR Hl1NDRED FIFTEEN AND 00/100 Dollars (U.S. $ 58, 41,5. 00 ) plus interest. Barrower has prornised to pay this debt in regular Periodic Payments and to pay the debt in full not later than F e b r u d r y 1. 2 D 2 6 . (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 all sums due under this Security Instrwnent, plus interest. (I� "Riders" means all Riders to this Se�urity Instmm�ent that are executed by Borrawer. The following Riders are to be executed by Borrower [che�ck box as applicable]: � Adjustable Rate Rider a Condominium Rider 0 Sectmd Horr� Rider � Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider � Other(s) [specify] (n "Applirable Law" means al1 cantrolling applicable federal, state and local statutes, regulations, ordinances and adrninistrative rules and orders (that have the effect af law) as well as all applicable final, non-appealable judicial opinions. (� "Community Association Dues, Fees, and As.sessments" rneans all dues, fees, assessments and other charges that are imposed on Borrower or tt�e Property by a condominium associatian, horneowners association or sirnilar organization. (I� "Electronic FY�nds Transfer" means any transfer of funds, ather than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic ternunal, telephonic instruxnent, computer, ar magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limite� to, point-of-sale transfers, autornated tell�r machine transaccions, transfers initiated by telephone, wire transfers, and automatett clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (11� "Miscellaneous Proceecls" means any compensation, settlement, award of darnages, or proceeds paid by any third party (other than insuarance proceeds paid under the coverages described in Sectian 5) for: (i) darnage to, or destruction of, the Property; (ii) condernnation or other talang of all or any part of the Property; (iii) conveyance in lieu of candernnation; or (iv) misrepresentations of, or ornissions as to, the value and/or condition of the Property. (N} "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - 5ingle Family - Fannia MaelFreddia Mac UNIFORM INSTRUMENT �-B�NE) (0811) . Page 2 of 15 initiais: Form 3028 1/01 � 1 /Ll ��