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201108436
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201108436
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Last modified
11/9/2011 8:33:13 AM
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11/9/2011 8:33:12 AM
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DEEDS
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201108436
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201108436 <br />(C) "Lender"isHome 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 Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E} "Note" means the promissory note signed by Borrower and dated November 08, 2011 . The Note <br />states that Borrower owes L.ender ONE HUNDRED SEVENTY SEVEN THOUSANQ AND 00/I00 <br />Dollars (U. S. $17 7, 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and: to pay the debt in full not later than December 1. 2026 . <br />tF► "Property" means the groperty that is described below under the heacting "Transfer of Rights in tt� <br />Propert3'• � <br />{G1 "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and Iate charges c� <br />under the Note, and all sums due under this Security Instrument, ptus interest. <br />(H� "REders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders <br />are tQ be execated by Borrower [check box as applicable): <br />Q Adjustable Rate Rider � Condominium Rider � Second Home Rider <br />0 BalIoon Rider 0 Planned Unit Development Rider 0 1-4 FamiIy Rider <br />0 VA Rider 0 Biw�kly Payment Itider � Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the effect of law) as welI as aIl appTicabte final, non-agpealable <br />Judicial opinions. <br />(J) "Gommunity Association Dues, Fees, and Assessments" means atl dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organizatian. <br />(K► "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, <br />cvrnputer, or magnetic tape so as to order, instruct, or authorize a fmancial institution to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine <br />transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that are described in Secrion 3 <br />(M► "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proc.eeds 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 Properly; (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 Q� � . VMP6WE) (1105) � - <br />Wolters Kluwer Financial Services Page 2 of 17 <br />
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