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201101524 (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan 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 Lender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated F e b r u a r y 2 2, 2 011 . The Note states that Borrower owes Lender 0 N E H U N D R E D S E V E N T Y T H 0 U S A N D F I V E HUNDRED AND 00/100 Dollars (U.S. $ 170 , 5 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than M a r c h 1, 2 0 2 6 . (� "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 ail sums due under this Security Instnunent, plus interest. (I� "Riders" rneans all Riders to this Security Instrument that are executed by Borrower. The following Riders aze to be executed by Borrower [check box as applicabie]: 0 Adjustable Ibate Rider Q Condominium Rider � Second Home Rider 0 Balloon Rider � Plauned Unit De�elop�nt Rider 0 I-4 Family Rider 0 VA Rider Q Biweekty Pay�nt Rider O Other(s) [specifyJ (n "Appiicable I.aw" means �Il cantrolYing applicable federal, state and local statutes, regulations, ardinattces and adreuxzistrative rules and orders (that have the effect of Iaw) as well as all applicable fina1, non-appealable judicial opinicrns. (J} "Cc►mmunity Assa�eiat�n Dues, Fees, �l Asse�ments" rneans all dues, fees assessments and other charges that are imposed a� Borrower or the Property by a condominium association, flomeowners association or similaz organiaation. (K} "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instnunent, which is uutiated 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 term 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 Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of a11 or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting L.ender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) (08t 11 Page 2 of 15 Initials: �� Form 3028 1/01 � `' �'�""