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201201?85 (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 ate o f N e b r a s k a Lender's address is 221 South Locust St Grand Isl 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 Bonower and dated F e b r u a ry 15 . 2 012 . The Note statesthatBonowerowesLender SEVENTY FIVE THOUSAND AND 00/100 Flollars (U.S. $ 75 . 000 . 00 ) plus interest. Borrower 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 I, 2 0 3 2 . E�} "Property" m�ns the property that is described below under the heading "Transfer of Rights in the 7L��y_ M 1 lirGild �G) "loan" meaIIS the debt evidenced by the Note, plus interest, any prepayment charges and late charges due uader the Note, and all sums due under this Security Insmiment, plus interest. �H) "Riders" means alI Riders to this Security Insttument that are executed by Borrower. The following Riders ue tra be execut� by Bonower [eheck box as applicablej: 0 Adjustable Rate Rider � Condominium Rider � Second Home Rider � Ballooa Rider � Planned Unit Development Rider O 1-4 Family Ricter � VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] p1 "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrarive rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Cammunity Associatian Dues, Fees, and Assessments" means all dues, f�s, assessments and other charges that are imposed on Bonower or the Property by a condominium association, homeowners association or similar organizarion. (K1 "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated 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 limite� to, point-of-sale transfers, automat� teller machine transacrions, transfers initiated by telephone, wire transfers, and automated cleazinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any third party (other than insurance proc,eeds 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) misrepresentarions of, or omissions as to, the value and/or condition of the Proverty. NEBRASKA-Single Femily-Fennie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6fNE1 (1105) Wolters Kluwer Financial Services Page 2 of 17