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�p120096� (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 Security Insmiment. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Bonower and dated J a n u a ry 3 0, 2 012 . The Note statesthatBonowerowesLender EIGHTY TWO THOUSAND AND 00/100 Dollars (U.S. $ 82 , 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 r c h 1, 2 0 2 7 . (F) "Property" means the progerty that is described below under the heading "Transfer of Rights in the Property." iG) "Loan" means the debt evidenced by the Note, plus interest, any grepayment charges and late charges due under the l�iate, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Insrivment that aze executed by Borrower. The following Riflers are to be executed by Baarower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider Q Second Home Rider 0 Balloon Rider � Plazmed UIIit Development Rider O 1-4 Faznily Rider 0 VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] p) "Applicable Law" means alI controlIing 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 opinians. (J) "Community Qssociation Dues, Fee,s, and Assessments" means all dues, fees, assessments and other charges that are imposeci on Borrower or the Property by a condominium association, homeowners association or simitar organizarion. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaz paper instrument, which is iniriated through an electronic terminal, telephonic instrument, computer, or magneric 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 Section 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 condemnarion; or (iv) misrepresentations of, or omissions as to, the value and/or condirion of the Property. NEBRASKA-Sfngle Family-Fannte Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP Q VMP61NE) (1105) Wolters Kluwer Financiel Servtces Page 2 of 17