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2011019�� (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand Isl and L.ender is a Savi ngs and Loan organized and existing under the laws af T h e S t d t e o f N e b r a s k a Lender's address is 221 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 7, 2 O 11 . The Note states that Bonower owes Lender ONE HUNDRED THIRTY ONE THOUSAND AND 0 0/ 10 0 Dollars (U.S. $ 131, 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not Iater than A p r i 1 1, 2 0 2 6 . (F� "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, plus interest. (� °Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Secancfi Home Rider � Batloon Ric�r Q Pianned �l'nit Development Rider Q 1-4 F�nily Rider Q VA Ri� Q Biweel�iy Payrr�c►t Ricter Q Ehher(s) [specifyl (� "Ap�ble I.aw" �ns all controliing applicabie federal, state and Iocal statutes, regtilations, ordinances a,cui �Cinistrative nites and arciers (that have the effect of taw) as well as alI applicabie final, non-agpeatable juc�iat a�inioIIS. (J� "Comme�it�r Assaeiatit►n Dues, Fecs, and Assessm�ts" means atI dues, fees, assessments and other charges t�hat �re i�osed an Barrower or the Praperty by a condc»mu�.ium assoeiation, homeowners associatian or simitar organization. (K} "Etectronie Fuo� Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instniment, which is initiated 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) "Fscrow 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) coriveyance 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 Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � �-6�NE) 108� t) Page 2 of 15 �nitials: �" Form 3028 7/01 �