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2011U1J:i� (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand Isl and Lender is a Savi ngs and Loan organized and existing under the laws of T h e$ t a t e o f N e b r a s k d Lender's address is Z21 South Locust St Grand I sl 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 0 3, 2 011 . The Note states that Borrower owes Lender ONE HUNDRED N INETY ONE THOUSAND TWO HUNDRED AND 00/100 Dollars (U.S. $ 191, 200 . 00 ) plus interest. Bonower has promised to pay this debt in regulaz Periodic Payments and to pay the debt in fult not later than Ap r i 1 1, 2 U 41 . (� "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 Instrument, ptus interest. (�I} "Riders" means all Riders to this Security Instrument that aze executed by Borrower. The following Riders aze to be executed by Borrower [check box as applicable]: � Adlustabie Rate Rider � Condominium Rider [� Second Home Rider ��alioo�t Rider Q Planned Unit Development Rider � 1-4 Family Rider � VA Rider � Biweekly Payment Rider 0 Other(s) [specify] (Ij "A�pii�We Law" means al1 controlling applicable federal, state and local statutes, regulations, ordinances and administrative rvIes and orders (that have the effect of law) as well as all applicable final, non-agpealable judiciat opinions. (� "Commu�ity Association IA�ies, Fces, and Assessments" means ail dues, fees, assessments and other charges tl�at are imposed on Bortower or the Property by a condominium association, homeowners assaciatian or simitar organization. (I� "Electronic Fnnds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic ternunal, 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 all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value andlor condition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Singie Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) loai i1 Page 2 of 15 i��t�ais: Form 3028 tl01 � � p �) 'V a I�..✓