201104121 - Laserfiche WebLink

Browse

201104121 (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand Isl and Lender is a Savi ngs and Loan organized and ea�isting under the laws of T h e St 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 benefieiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated J u n e U 1, 2 011 . The Note states that Borrawer owes Lender TWO HUNDRED SEVENTY NINE THOUSAND SEVEN HUNDRED SEFIENTY FIVE AND 00/100 Dollars (U. S. $ 2 79 . 7 75 . 0 0 ) plus interest. Borrower has promisec� 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 41 . (F} "Property" means the property that is described below under the he,�ding "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 1�Tote, and all swms due under tfiis �curiry Instrwnent, plus interest. (� "Riders" means all Riders to this S�urity Instrument that are executed by Barrower. The following Riders are to be executed by Bonower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second I-�ome itider � Balloon Rider � Planned Unit Development Rider Q 1-4 Family Rider � VA Rider � Biweekly Payment Rider Q Other(s) [specifyj (n "Applicable Law" means all controlling applicable federal, state and lc�cal statutes, regutations, ordinances ancY administrarive rules and orders (that have the effect of Iaw) as well as all applicable final, non-appealable judicial opinions. (� "Community Association Dues, Fees, and Assessments" means all dues, f�s, assessments and other charges that are imposed on Bonower or the Property by a condominiwn association, hom�wners association or similar organization. (H) "El�tronic Funds Transfer" means any transfer of funds, other thau � transaction originated by check, draft, or similar paper instrument, which is initiated through an ele�tranic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial 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. (Nn "�VI'iscellaneous Proceeds" means any compensarion, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Secrion 5) for: (i) damage to, or destrucrion of, the Property; (ii) condemnation or other 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) (O8>>) Page 2 of 15 Initials: ��1�- Form 3028 1/01 O � ��