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2011033�� <br />(C) "Lender" is Home Federal Savings and Loan Assn of Grand Isl and <br />Lender is a Savi ngs and Loan <br />organized and eausting under the laws of T h e S t a t e o f N e b r a s k a . <br />Lender's address is 221 South Locust St Grand I sl and NE 68801- <br />Lender is the beneficiary under this S�urity Instrument. <br />(D) "Trust�" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated A p r i 1 2 7. 2 011 . <br />The Note states that Borrower owes Lender N I N ETY TH R E E THO U SAN D F I V E H U N DRE D AN D <br />00 / 10 0 Dollars <br />(U.S. $ 93 > 500 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J u n e 1, 2 0 21 . <br />(� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Laan" means the debt evidenced by the Note, plus interest, any prepaymeut charges and late charges <br />due under the Note, and all surns c�ue under this Security Instrument, plus interest. <br />(H) "Riders" means atl Riders to this Security Instivment that are executed by Borrower. The following <br />Riders are to be exe,cuted by Borrower [check box as applicable]: <br />O Ad1ust�hle R�te RicFer Q�oIIdaYmini� Rider Q Second I-�ome Rider <br />0 B�tllooa Rie�er Q P�a�e� LTmt D�velopment Rider � I-4 Family Rider <br />��A Rider Q�i�veekFy P�.ymeat Rider 0 Other(s) �sPeclfYl <br />(n "Apglirab�� Law" me�►s aIi conEroEling applicable feder�l, state and local statutes, regulations, <br />ordinances and administra�ive rules and orcters (tt�at have the effe,ct of law) as well as alI applicable final, <br />non-apgealable jud:icial oginions. <br />(.n "Camszesity Assoa�ation Dues, F�es, �nd Assessments" means all dues, fees, assessments an� other <br />charges that are i�a� o� �mr�+er err ttie Pro�rty by a condominium assaciation, homeowners <br />BSSOCIaLIOII OF Slffitj�P f)Ig�L1iZ�LEOIE. <br />(I� "Electronie �ntTs Transfer" meaus ansy transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrciment, which is iniriated through an electronic terminal, telephonic <br />instnunent, computer, or magneric tape so as to order, instruct, or authorize a financial institurion to debit <br />or credit an account. Such term includes, but is ttot limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers iniriated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(I.) "Escrow Items" means those items that are described in Section 3. <br />(1Vn "Nliscellaneous Procceds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proc,eeds paid under the coverages described in S�tion 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taki.ng of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �ost il Page 2 of 15 iniciais: Form 3028 1/01 <br />0 <br />��,, <br />