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201109 <br />(C) "Lender"isHome Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing urider the laws of Th e S t a t e o f N eb r a s k a <br />Lender's address is 221 South Locust St Grand I sl 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 Bonower and dated D e c e m b e r' 0 9, 2 011 . The Note <br />statesthatBorrowerowesLender EIGHTY NINE THOUSAND SIX HUNDRED AND 00/100 <br />Dollars (U.S. $89 , 600 . 00 ) plus interest. Bonower has promised to pay this debt in regulaz <br />Periodic Payments and to pay the debt in full not later than J a n u a r y 1, 2 0 2 7 . <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 charges 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 aze executed by Bonower. The following Riders <br />aze to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Condominium Rider 0 S�ond Home Rider <br />� Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider � Other(s) [sp�ify] <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 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 Bonower or the Property by a condominium association, homeowners <br />association or similaz organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similaz paper instrument, which is initiated through an electronic temunal, telephonic instrument, <br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such term includes, but is not lunited 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 Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paidby <br />any third party (other than insurance proceeds paid under the coverages described in S�tion 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,'th�' <br />� �.tiV <br />value and/or condition of the Property. <br />, .�,� <br />NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3Q28,1 /01 <br />VMPB(NEj1a 105) <br />Page 2 of 17 <br />� <br />