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24120Q08� (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 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 I sl and NE 68801- Lender is the beneficiary under this S�urity Instrument. (D) "Trustee" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Borrower and dated December 30 , 2011 . The Note states that Borrower owes Lender FORTY THREE THOUSAND AND 00/100 Dollars (U.S. $ 43 , 0 0 0. 0 0 ) plus interest. Bonower has promised to pay this debt in regulaz Periodic Payments and to pay the debt in full not later than M a y 1, 2 018 . (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges and late charges due under the Note, and all sums due under this S�urity Instrument, plus interest. (H1 "Riders" meaas atl Riders to this Security Instrument that are executed by Bonower. The following Riders are to be exeeutecfi. by Borrower [check box as applicable]: 0 Adjvstable Rate Rider Q Condominium Rider 0 Seco� Home Rider 0 Ball�n Rider 0 Plaim� Unit Development Rider � I-4 Fanaity Rider � VA Ric� � Biweekly Payment Rider 0 Elther(s) [specify] (p "Applicabte Law" meaos alI controlling applicable federal, state and local statutes, regulations, ordinances and administrative nxtes and orders (that have the effect of law) as well as all applicable final, non-appealable judiciat opuuons. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other chazges that are imgosed on Borrower or the Froperty by a condominium associarion, homeowners assaciation or simil,az organization. fK) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar pager instnunent, which is iniriated through an electronic terminal, 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, 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, awazd of dama.ges, 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 condeinnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. NEBRASKA-Single Family-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3028 7/07 VMP Q VMPBINE) (1705) Wolters Kluwer Financial Services Page 2 of 17