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2o�io2�s� (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and Lender is a Savi ngs and Loan organized and existing under the laws af 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 F e b r u a r y 11, 2 011 . The Note states that Borrower owes Lender NINETY THREE THOUSAND AND 00/100 Dollars (U. S. $ 93 , 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 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, pius interest, any prepayment charges and late charges due under the Note, and a11 sums due under this Security Instrument, plus interest. (I� "Riders" means ait Riders to this Security Instnunent that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustabie Rate Rider Q Condominium Rider � Second Home Rider � Balloon Rider � Planned Unit Deuelop�nt Rider � 1-4 Family Rider Q VA Rider � BiweekIy Payment Rider 0 Other(s) [specify] (Ij "Appiicable Law" means all comralling applicable federal, state and local statutes, regulations, orciinances and administrative rules arui orders (that have the effect of law) as well as all applieable final, non-appea2able judicial opinions. (J) "Community Association Dues, Fees, and A�ssess�nents" means alt dues, fees, assessments and other charges that aze impased on Borrower or the Froperty by a condominium association, homeowners assc�ciation or similar organization. (I� "Electronic Funds Trarisfer" means any transfer of funds, other than a transaction originated by check, dra€t, or similar paper instrument, which is initiated through an electronic ternunal, telephonic insm�ment, 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 procceds 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. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) 1081 tl Page 2 of 15 initials: �� Form 3028 1/01 � /