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20�1�� (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Lodn 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 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 10 , 2 011 . T'he Note states that Borrower owes Lender TWO HUNDRED TWELVE THOUSAND AND 00/100 Dollars (U. S. $ 212 , 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 sums due under this Security Instrument, plus interest. (I� "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]: � Adjustable Rate Rider [� Condominituu Rider 0 Second Home Rider 0 Bailoan Ricter [� �tanned LTnit Development Rider 0 I-4 Family Rider Q VA Rider 0 Biweekiy Payment Rider � Other(s) [specifyj m��PP�icable I.aw" �ans att cQrttFO�ting applicable federal, state axu! local statutes, regtilations, ordinances an�t administrarive rules � orcfers (that have the effect of law) as weli as a1I applicable f�sat, non-appeatabie judiciai opinions. (� °Comm�ty Association Dues, Fee.s, �nd Assessmextts" means aII d�es, fees, assessrnents an� other charges thac are i�aosed on Borrower or the Property by a cando�unium association, homeovvners association or similar organization. (I� "Etectronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or simiTar 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 limitec3 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. (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 Lender against the nonpayment of, or default on, the Loan. 10-000736 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � loat t) Page 2 of 15 initials: FOIRI 3OZH 1/01 m