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20120152G (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 Borrower and dated F e b r u a r y 2 2, 2 012 . The Note states that Bonower owes Lender S I XTY S I X THOU SAN D AN D 0 0/ 10 0 Dollars (U.S. $66. 000 . 00 ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than March 1, 2022 . CF) "Froperty" rneans the pro�rty that is de.scrii�ed below under the heading "Transfer of Rights in the Pro�erty." !�1 "Laan" meau� the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, anc� all sums due under this Security Instrument, plus interest. (Hi "Riders" means all Riders to this Security inctn��+t that are executed by Borrawer. The following Riders are to be eae�cuted by Barrower [c�k box as applieabie�: Q Adjvstable Rate Ric�er � Con€�ominium Rider 0 Second I�ome Rider � Balloon Rider 0 Plarmed Unit Development Rider 0 1-4 Family Rider Q VA Rider O Biweekly Payment Rider O Other(s) [specify� (1) "Applicable Law" means all controlling applicable federal, state and Iocal stabutes, regulations, ordinances anc� acimin.istrative rules and crrders (that have the effect of law) as well as alI applicable final, non-app�able judicial opinions. (Jl "Community Association Dues, Fees, and Assessments" means all dues, fess, assessments and other charges that are imposed on Borrower or the Property by a condominiurn association, homeowners association or similar organization. (K) "Etectronie Funds Transfer° means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, 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 accuunt. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers iniriated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. iM) "Miscellaneous Proceeds" means any compensation, settlement, awazd 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 a11 or any part of the ,. Progerty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value andlor condition of the Property. NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwer Financlal Services Farm 3028 1/O7 VMP6(NE) (1105) r_Page 2 af 17