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� �f RECORDED <br />20�10���� �0�10243� <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 existing 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 Isl and NE 68801- <br />Lender is the beneficiary under this Security Instivment. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated M a r c h 2 5, 2 O 11 . <br />The Note states that Borrower owes Lender TWO HUNDRED SIX THOUSAND SEVEN HUNDRED <br />SIXTY FIVE AND 00/100 Dollars <br />(U.5. $ Z 0 6, 76 5. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than A p r i 1 1, 2 0 2 6 . <br />(F� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges and late charges <br />due under the Note, and a11 sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Bortower [check box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider <br />0 VA Rider � Biweekly Payment Rider � Other(s) [specify] <br />(n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and adnninistrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Bonower or the Property by a condominium association, homeowners <br />association or similaz organization. <br />(I� "Electronic I�nds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that aze described in Section 3. <br />(Nn "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in 5ection 5) for: (i) <br />damage to, or destruction of, the Properly; (ii) condemnation or other taking of a11 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 />�-6iNE)losit) Page2of15 i�tctais: � ���Form3028 7/01 <br />� <br />