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2011030�� (C) "Lender" is Home Federal Savings and Loan Assn of Grand Isl and Lender is a Savi ngs and Loan organized and elcisting 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 Isl and NE 68801- Lender is the beneficiary under this Securiry Instrument. (D) "Truste.e" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Bonower and dated A p r' i 1 13 , 2 011 . The Note states that Borrower owes I.ender QNE HUNDRED TWENTY E IGIfT THOUSAND AND 601100 Dollars (U.S. $ 12 8. 0 0 0. 0 Q ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than M a y 1, 2 0 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 prepayc�ent charges and late charges due under the Note, anc� a11 sums due under this Security Instrument, plus interest. (� "ltiders" means all Ricters to this Security Instrument that are executed by Barrower. The following Ricters are to be executed by Bonower [check box as applicableJ: Q A�djustable Rate Rider 0 Condeminium Id.ider 0 Secund Ho� Rider 0 Balloan Idider 0 Pianned Uuit �velopment Rider � 1-4 Family Rider ��A Rider � Biw�kly Payment Rider 0 Other(s) [�fY1 (n "Applicable Lav�" means all contralling applicable federal, state and local statuCes, regulations, ordinauces aud administrative rules and orders (tttat have the effect of Iaw) as well as all applicable final, non appealable judicial opinions. (J) "Com�nuuity Association I3ues, �ees, and Assassments" means ali dues, fe,es, assessments and other char�es that are imposed on Borrower or the Property by a conc�ominium association, homeowners association Qr similaz organization. (� "Electronic Funds Transfer" means any transfer of funds, other thau a transacrion originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrumen�t, computer, or magnetic tape so as to order, instruct, or authorize a financial insritution to debit or credit an account. 5uch term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated b� telephone, wire transfers, and automated clearinghouse transfers. (L) "F•scrow Items" means those items that aze described in Section 3. (1Vn "Nrscellaneous Proeceds" means any compensation, settlement, award of damages, or proceed.s 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) condemnarion or other taking of a11 or any part of the Property; (iii} conveyance in lieu of condemnation; or (iv) misrepresentarions of, or omissions as to, the value and/or condirion of the Property. (1V) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 �-6(NE) tos�iJ Page 2 of 15 in�ciats: Form 3028 1/01 0 �,�, ��.