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24�1042 (C)"Lende�'is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan 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 Lender's address is 221 South Locust St Grand I sl 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 J u n e 01, 2 011 . The Note states that Borrower owes Lender ONE HUPIDRED TH I RTEEN THOUSAND AND 0 0/ 10 0 Dollars (U.S. $ 113 , 000 . QO ) plus interest. Barrower has promnsed to pay this debt in regulaz Periodic Payments aad to pay the debt in full not later than 3 u 1 y 1, 2 021 . (I+� "Property" meaus the pmperty that is described below under the heading "Transfer of Rights in the Property." (G) "Loa�" means the debt evidenc� by the Note, plus interest, any prepayment charges and late charges due under the Note, and aIl sums due under this Security Instrument, plus interest. (� "Riders" means all Riders to this Security Insmiment that are executed by Borrower. The following Riders are to be e�ecuteci by Borrower [check box as applicable]: Q Adjustable Rate Rid'er Q Condominium Rider C{ Second Home Rider � Balloon Rider Q Planned Unit Development Rider 0 1-�t Family Rider 0 VA Rider 0 Biweekly Payment Rider 0 OCher(s) [specify] (n "Applicabl� �aw" means all controlling applicable federal, state and Iocat statutes, regulations, ordinances aud administrative r►ries and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J} "Cammunity Association Dues, Fces, anct Assessments" means a11 dues, fees, assessments and other charges that are imposed on �orrower or the Property by a condominium association, homeowners association or similar organization. (I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaz paper instrument, which is iniriated through an electronic terminal, telephonic instrument, computer, or magneric tape so as to order, instruct, ar authorize a financial institution to debit or credit an account. Snch 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) "Escrnw Ite�ns" means those items Chat are described in Section 3. (Nn "Miscellaneous Praceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnaCion or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentarions 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 I.oan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEIV7 �-6(NE) to8tt) Page 2 of 15 Initials: Form 3028 1/01 � C� � � �