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2011�5407 (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand Isl and 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 Isl and NE 68801- Lender is the benef�ciary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated J u 1 y 2 2, 2 011 . The Note states that Borrower owes I,ender ONE HUNDRED SIXTY FOUR THOUSAND SEVEN HUNDRED TWENTY AND 00/100 Dollars (U.S. $ 164, 720 . 00 ) plus interest. Bonower has promised to pay this debt in regvlar Periodic Payments and to pay the debt in full not later than A u g u s t 1. 2 0 41 . (Fj "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Laau" meas�s ttte debt evi�enced by the Nate, plus interest, any prepayment charges anct late charges due under the Note, and al2 sums due under this Security instrument, plvs interest. (� "Riders" meaas alI Riders to this Security Instivment that are execute� by Bonower. The following Riders are to be executed by Borrower [check �x as applicablej: C] AdJustable Rate Rider Q Ca�darnirri:vrn. Rider Q S�nd Ho� Rider ��allvon Ri�er Q Plaruied Unit Developme�t Rider � I-4 ��mily Rider � VA Ricier (� Biweek�y Faymetrt Ri�r 0 Other(s) [sPecifyl m��APP�� " me.ans ail c�ntrotli�sg applicable federal, state and Iocal statutes, regularions, ordinances and administrative rules aad orders (that have the effect of Iaw} as we11 as a11 applicable final, non-appealable judieiai opinions. (� "Comsnr�zity �tion D�tes, ��, � As�ssments" means aI1 dues, fee.s, assessments and other charges that are imposeci on Boarower or the Property by a condaminium association, hom�wners association or similar arganizatron. (� "Eleetranic Er��sds Tra�fer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through att electron'tc 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 incIudes, but is not Iimited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by teiephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (1Vn "Miscellaneous Proceeds" 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 S) for: (i) daznage to, or destruction of, the Property; (ii) condemnation 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 condition of the Properry. (N} "Mortgage Insttrance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORflfl INSTf?UMEIVT �-6(NE) �o8i � 1 Page 2 of 15 inn�a�s: � Form 3028 1/01 �