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20110355G (C)"Lender" � Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and existing under the laws of Th e S t a t e o f N eb r a s k a . Lender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this S�uriry Instrument. (D} "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated M ay 10 . 2 Q 11 . The Note states that Bonrower owes Lender THIRTY SIX THOUSAND EIGHT HUNDRED AND 0 0/ I 0 0 Dollars (U.S. $ 36 , 800 . 00 ) 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 2 6 . (�} "Propert�" means the praperty that is described below under the heading "Traz�,sfer of Rights in the Property." (�) "F.oan" means the deht evi�enced by the Note plus interest, any prepayment charges and late charges due ua�fier the NQte, and alI sums cfue under this Security Instrument, plus interest. (B) "Riders" meazts all Riders to this Security Instniment that are executed by Borrower. The following Riders are ta be ex�ted bg l3orrower [clteck box as applicable]: � Adjustable Rate Rider Q�ond�minium Rider � Second Home Rider Q Bailoon Rider 0 Plannec� Unit Development Rider � 1-4 Family Rider � VA Rider � Biweekly Payncent Rider �(3ther(s) [��YI (1) "App�icabie Law" means alI cantrolling applicable federal, state and local statutes, regulations, ordinances and administrative rutes and orders (that have the effect of law) as well as all applicable final, non-appea.table judieial opinions. (� "Commeu�ty Assocf�ti�� Detes, �ee.s, and .4ssessments" means alI dt�, fees, assessments and other charges that are imgosed on �orrower or the Property by a condominium association, homeowners association or simi�ar orgauizatian. (I� "Electranic Fe�nt�s Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaz paper instrument, which is initiated through an electronic terminal, telephonic instrument, comguter, or magnetic tape so as to order, instruct, or authorize a ftnancial institurion to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automa.ted teller machine transaetio�, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow It�ms" means those items that are described in Section 3. (iVn "Mfscellan�us Proceeds" means any compensarion, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages d�cribed in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or ather taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or 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 UNIFORM INSTRUMENT �-6(NE) roa��) Page2of 15 iniciais: Form 3028 1/01 0 '\ F' �.. �