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201108944 (C) "Lender" � 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 Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "11lote" means the promissory note signed by Borrower and dated N o v e m b e r 2 3. 2 011 . The Note statesthatBorrowerowesLender ONE HUNDRED TWENTY NINE THOUSAND SIX HUNDRED SEVENTY FIUE AND 00/100 Dollars (U.S. $129, 675. 00 ) plus interest. Borrower has promised to pay this debt in regulaz Periodic Payments and to pay the ctebt in full not later than De cemb2 r 1, 2 041 . {�) "Property" means the property that is described below under the heading "Transfer of Rights in the Properiy." f G) "Laan" means the debt evidenced by the Note, plus interest, az►y prepayment charges and late charges due under the Note, and all sums due under this 5ecurity Instivment, plvs interest. (H{ °Riders" means all Riders to this Security Instn�ment that are ex�uted by Borrower. The following Riders are to be ex�ute� by Borrower [check box as applicablej: 0 �4djustabl� Rate Rider 0 Condominium Rider 0 Second Home Rider Q Balloon Rider 0 Planned Unit Development Rider 0 1-4 Famity Rider � VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Laav" means a11 controlling applicable federal, state and local statutes, regularions, ordinances and administrative rules and orders (that have the effe,ct of law) as well as all applicable final, non-apgealable judicial opinions. (J) "Community Associ�fion Dues, Fees, and Assessments" �anc sIl dues, fees, assessments and other charges that aze imposed on Borrower or the Property by a condominium association, hQmeowners association or similar organization. (I() "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial insriturion to debit or credit an account. Such 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) "Escrow Items" means those items that aze described in Secrion 3. (M) "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 5) for: (i) damage 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) misrepresentations of, or omissions as to, the value and/or condition of the Property. NEBRASKA-Single Femily-Fannie Mee/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/Ot VMP � VMPB(NE) (1105) Wolters Kluwer Fimancial Services Page 2 of 17