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201103382 (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island 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 Security Instrument. (D) "Trust�" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated A p r' i 1 2 6, 2 011 The Note states that Bonower owes Lender FIFTY TWO THOUSAND AND 00/100 Dollars (U. S. $ 5 2, 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 J u n e 1, 2 0 21 . (I+� "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 1Vote, and all sums due unc�er this 5ecurity Instrument, plus interest. fII� "Riders" means all Riders to this S�urity Instrument that aze eRecuted by Bonower. The following Riders are to be executed by Borrower [cfieak box as applicable]: � Ad�vs�bte Rate Rider Q Ca�ffiinium Rider Q Second Home Rider Q�a2lc�n Rider Q Pla�d �Iar�t Develog�t Ri�er Q�-4 �amiSy Rider ��A x� Q��t� �y�c �u� � oc�Es� [��] m�`APP��e I.�w" � alfl r�oB1i� �p�ac�bte fed�, s�ate a�}. �oeal statutes regext�oas ord�s a� ' e�es a�cd �rdecs Qt� I�ave t�e ei�e,cg o� �aw) as �relF as aEI agplic.�ble �, non--�g�g�a�r�e ��caa1 �piaions. (J� "CQ�unity �tian Dues, �ees, �d Ass�ments" � alI c�ues, f�es, ass�smer�ts �d ether cbarges t� �e ' an �o�� or the Fr.ogerty by � c�cx�si�tn associaYion, fio�vvrcers a�� e� s�i�ar orga�i�tion. �"Ettactronic Funds Transfer" means auy transfer of fuBds, ot�er than a transaction originated by check, ctraft, or similar paper instrument, which is iniriated through an el�tronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial insritution to debit or eredit an account. Such term includes, but is not limited to, paint-of-sale transfers, automated teller machine transactions, transfers iniriated by telephone, wise transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (1Vn "Miscellan�us Proceeds" means any compensation, settlement, award of damages, or praceeds paid by any third party (other than insurance proceeds paid under the coverages described. in 5ecrion 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Properiy; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condirion of the Property. (N) "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) 10811) Page 2 of 15 Initial� Form 3028 1/07 ��` � � � �� �