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20110�9569. (C) "Lender"isHome Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and existing under the laws of Th e St ate o f N e b r a s k a Lender's address is 221 South Locust St Grand I sl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated D e c e m b e r 0 9, 2 O 11 . The Note states that Bonower owes Lender SEVENTY THOUSAND TEN AND 00/100 Dollazs (U.5. $ 70 , O 10 . 0 0 ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than J a n u a r y 1. 2 017 . (F) "Property" means the property that is describefl below under the heading "Transfer of Rights in the Property " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this S�urity Instrument, plus interest. (H) "Riders" means all Riders to this S�urity Instrument that aze executed by Bonower. The following Riders aze to be executed by Bonower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider 0 Second Home Rider � Balloon Rider 0 Planned Unit Development Rider � 1-4 Fanuly Rider � VA Rider � Biw�kly Payment Rider 0 Other(s) [specify] (1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that aze imposed on Borrower or the Property by a condominium association, homeowners association or similar organizarion. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originaterl by check, draft, or similaz paper instrument, which is initiated through an electronic ternunal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automate� teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in S�tion 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any third party (other than insurance procee�s 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-Fennie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 7/01 VMP � VMPBINE) (1105) Wolters Kluwer Financial Services Pagd 3 of 17