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�o��a��o� <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Island <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 S�uriry Instrument. <br />(D) "Trustee" is Arend R Baack. Attorney <br />(E) "Note" means the promissory note signed by Bonower and dated J u 1 y 18 , 2 O 11 . <br />The Note states that Bonower owes Lender FORTY THREE THOUSAND TWO HUNDRED AND <br />0 0/ 10 0. Dollars <br />(U. S. $ 43 , 2 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regulaz Periodic <br />Payments and to pay the debt in full not later than Au gu 5 t 1, 2 0 26 . <br />(I+� "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 charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(� "Riders" means all Riders to this Security Instnunent that aze executed by Bonower. The following <br />Riders aze to be exe,cuted by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider 0 Condominium Rider 0 S�ond Home Rider <br />� Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider � Other(s) [spe�ify] <br />(n "Applicable Law" means all controlling applicable federal, state and local stalutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(.n "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that aze imposed on Borrower or the Property by a condominium association, homeowners <br />association or similaz organization. <br />(I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similaz paper instn�ment, 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 transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that aze describ� in Section 3. <br />(Nn "Miscellan�us Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all 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 prot�ting Lender against the nonpayment of, or default on, <br />�`, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) (os� i> Page 2 of 16 Initials: Form 3028 7/01 <br />0 <br />