201101913 - Laserfiche WebLink

Browse

20f101J�3 (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 7 h e S t a t e 0 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 M a r c h 04 . 2 O 11 . The Note states that Borrower owes Lender ONE HUNDRED E IGHTY FOUR THOUSAND AND 0 0/ 10 0 Dollars (U. S. $ 18 4, 0 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 A p r i 1 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 all suxns due under this Security Instrument, plus interest. (� "Riders" means all Riders to this Security Instnunent that are executed by Barrower. The following Riders are to be executed by Borrower [check box as applicableJ: 0 A@justable Rate Rider 0 Condominium Rider � Second Home Rider � Balloon Ricler 0 Planned Unit DeveIopment Rider 0 I-4 Family Rider 0 VA Rider 0 BiweekIy Payment Rider Q Other(s) [specify] (n "Applicable Law" means atl controlling applicable federal, state and locai statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as alI applicable finat, non-appealable juciiciai oginions. (� "Cc►rnmunity Assoeiatic►� Dues, Fces, and Assessments" means alP dues, f�s, assessments and other charges that are imgosed an Barrower or the Property by a condominium association, hom�wners association or sirrular organizarion. (I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a fmancial institution to debit or credit an account. Such term includes, but is not limited to, point-o€-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 Secrion 3. (Nn "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 all 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 - Singie Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �i�` �-61NE) �o8i�1 Page2 of 75 �nitia�s: Form 3028 1/01 m � `�� K �� a�