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201101395 <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e S t d 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 Security 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 16 , 2 011 . <br />The Note states that Bonower owes Lender 0 N E H U N D R E D N I N E THO U SAN D 0 N E H U N D R E D <br />AND 00/100 Dollars <br />(U.S. $ 109 . 100 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in fu11 not later than M a r c h 1, 2 041 . <br />(� "Progerty" 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 sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to this Security Instrument that are executed by Bonower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />Q Adjustable Rate Rider � Condominium Rider 0 Second Home Rider <br />� Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider Q Biweekty Payment Rider � Other(s) [specify] <br />(I} "App}icable Law" means all controlling applicable federal, state and local statutes, reguiations, <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 />(� "Community Association Ih�es, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organizatian. <br />(I� "Electronic Funds TracLSfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution ta debit <br />or credit an account. Such term includes, but is not timited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by tetephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(1Vn "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 />' °: fi. <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance° means insurance protecting Lender against the nonp�ment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � <br />�-6(NE) 1oa� i1 Page 2 of 75 �nitials: _\ Form 3028 1/01 <br />� <br />�«- <br />y. ` <br />