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201103�f� (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 S t a t e o f N e b t' a s k a Lender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security InsCrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated A p r i 1 21, 2 O 11 . The Note states that Borrower owes Lender ONE HUNDRED FORTY THOUSAND AND 00/ 100 Dollazs (U.5. $ 140 , 0 Q 0. 0 0 } plus interest. Bozrower 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 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 exe�uted by Bortower [check box as applicable]: 0 Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider � Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider ❑ VA Rider � Biweekly Payment Rider � Other(s) [specify] (n "Applicahle Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (.n "Comraunity A►ssociation Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are unposed on Borrower or the Property by a cond.ominium association, homeowners association or similaz organization. (K} "Electronic Funds Transfer" means any uansfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, insixuct, or authorize a fmancial 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. (1Vn "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any third party (other tban insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destrucrion of, the Property; (ii) condemnation or other taking of a11 or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) ttusrepresentations of, or omissions as to, the value andior 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 Ul1tIFORM lNSTRUMENT (�-6WE) (oati! Page 2 of 15 i��t�ais. �� Form 3028 1/01 �