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201107399
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Last modified
10/5/2011 8:47:54 AM
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10/5/2011 8:47:53 AM
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DEEDS
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201107399
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�01�0739� <br />(C) "Lender"isHome Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and elcisting 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 Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />( E) " Note" means the promissory note signed by Borrower and dated S e p t e m b e r 2 8, 2 011 . The Note <br />statesthatBorrowerowesLender TWO HUNDRED EIGHTY THREE THOUSAND FIVE HUNDRED <br />AND 00/100 <br />Dollats (LT.S. $283 , 500 . 00 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than N o v em b e r 1. 2 026 . <br />(F) "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 chazg� and late charges due <br />under the Note, and all sums due under this Security Instrument, plus interest. <br />(H} "Riders" means all Riders to this Security Instrument that are executed by Bonower. The following Riders <br />are to be executed by Bonower [check box as applicablej: <br />� Adjustable Rate Ridea 0 Condominium Rider Q S�ond Home Rider <br />0�altaon Rider � Planned Unit Development Rider 0 1-4 Family Rider <br />O VA Rider 0 Biweekly Payment Rider 0 Other(s) [specifyJ <br />(1) "Applicabte Law" means a11 controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrarive rules arsd orders (that have the effect of law) as well as all applicable final, non-appealable <br />judicial opinions. � <br />(J) "Community Association Dues, Fees, 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 organizarion. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transacrion originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, <br />computer, or magnetic tape so as to order, instruct, or authorize a financiat insritution to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine <br />transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by <br />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 />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (1105) <br />Wolters Kluwer Financial Servicas Page 2 of 17 <br />
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