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201200659 <br />(C1 "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 at e o f N eb 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 Bonower and dated J a n u a r y 2 5, 2 012 . The Note <br />statesthatBonowerowesLender SIXTY THOUSAND FIVE HUNDRED THIRTY AND 00/100 <br />Dollars (U.S. $60 , 530 . 00 ) plus interest. Bonower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than M a r c h 1. 2 019 . <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 are executed by Borrower. The following Riders <br />aze to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Condominium Rider � 5econd Home Rider <br />� Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider <br />0 VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regvlations, ordinances <br />and administrarive rules and orders (that have the effect of law) as well as a11 applicable final, non-appealable <br />judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />chazges that are imposed on Bonower or the Property by a condominium association, homeowners <br />association or similaz organizarion. <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 terminal, telephonic instrument, <br />computer, or magneric tape so as to order, instruct, or authorize a financial 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 aze described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds 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 Property; (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-Fennie Mae/Freddie Mec UNIFORM INSTRUMENT Form 3028 7/01 <br />VMP � VMPB(NE) (1105) <br />Wolters Kluwer Finencial Services Page 2 of 17 <br />