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201�� (C)"Lender"is Home 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 Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trust�" is U S Bank Trust Company, Nati onal Assocati on (E) "Note" means the promissory note signed by Borrower and dated M a y 15 , 2 012 . The Note states that Borrower owes Lender FIFTY ONE THOUSAND EIGHT HUNDRED AND 0 0/ 10 0 Dollars (U.S. $ 51. 8 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later ttian J u n e 1, 2 0 42 . (i� "Property" means the progeriy that is described below under the heading "Trans€er of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges and late chazges due under the Note, and all sums due under this Security Instrument, plus interest. (� "Riders" means ail Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by �ormwer [check box as applicable]: 0 Adjustable Rate Rider 0 Condominium Ricter 0 S�ond Home Rider 0 Batloon Rider � Planned. Unit Development Rider 0 1-4 Family Rider � VA Rider 0 Biweekly Payment Ricfier ��ther(s) [sPecifYT NIFA Form E-2 (n "Applicable Law" means all controlIing applicable f�eral, state and local statutes, regulations, ordinauces and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community As�ciation D�es, Fees, and Assessments" me� all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a candominium association, homeowners association or simitar organization. (�j "E}ectronic Funds Transfer" means any m�nsfer of funds, other than a transaction originated by che,ck, draft, or similar paper inst�ument, which is iniriated through an electronic ternrinal, telephonic instrument, computer, or magnetic tage 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 transacrions, transfers initiated by telephone, wire txansfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Secrion 3. (Nn "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) condemnarion or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. �-6GWE) �000sl.o� � Page 2 of 15 ��t�eig• Form 3028 1/07