Laserfiche WebLink
20110119G <br />(C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and <br />Lender is a Savi ngs and Loan <br />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 <br />Lender's address is 221 South Locust St Grand Isl and NE 68801- <br />Lender is the beneficiary under this Securiry Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated F e b r u a r y 0 4, 2 O 11 . <br />The Note states that Borrower owes Lender 0 N E H U N D RE D S I X THOU SAN D F I V E HU N D RE D <br />AND 00/100 Dollars <br />(U. S. $ 10 6. 5 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than M a r C h 1, 2 0 2 6 . <br />(� "Property" means the properry that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, pIus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Securiry Instrument, plus interest. <br />(A) "Riders" means all Riders to this Security Instrument that are axecuted by Bonower. The following <br />Riders aze to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Condaminium Rider � Second Home Rider <br />0 Batloon Rider Q Piauned Unit I3evelopment Rider 0 1-4 Famiiy Rider <br />� VA Rider 0 Biwe�kty Payment Rider 0(�ther f s) [specify] <br />(� "t�pplicable Law" means ali commlling applicable federal, state and local statutes, regulations, <br />ordinances anc� adminiscrative rutes and orders (that have the effect of law) as well as all applicable final, <br />non-apgealabte judicial apinions. <br />(� "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Froperty by a condominium association, homeowners <br />assaciation or similar arganization. <br />(I� "Eteefxofuc �nds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instniment, which is initiated thraugh an electronic terminal, telephonic <br />instntment, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(Nn "Miscellaneous Proceeds" means any compensation, settlement, award of 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/Freddie Mac UNIFORM INSTRUMENT <br />�-61NE) roa� t1 Page 2 of 15 i��c�ais: Form 3028 1/01 <br />� <br />�� <br />� ' �• <br />