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20120454� <br />(C) "Lender"isHome Federal Savings a�nd Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and e�sting under the laws of T h e St a te o f N e b 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) "111ote" means the promissory note signed by Borrower and dated May 30 , 2012 . The Note <br />statesthatBorrowerowesLender ONE HUNDRED FORTY FOUR THOUSAND AND 00/100 <br />Dollars (LT.S. $144 , 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than Jul y 1, 2022 . <br />(F} "Propeety" m�ans the property tha,t is described below under tbe heading "Transfer of Rights in the <br />��� <br />(G) "Laan" 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 Tnstrument, pIus interest. <br />(H) "Riders" means a11 Riders to this Security Instruaient that are exe�cuted by Borrower. The following Riders <br />are to be executed by Borrower [che,ck imx as applicable]: <br />Q Adjustable Rate Rider � CaIIdo�ninium Rider 0 Second Home Rider <br />0 Balioon Rider 0 Planned Unit I?evelopmeat Rider 0 I-4 Fau�ily Rider <br />0 VA Rider 0 Biweekiy Pa�+ment Rider 0 Other(s) [specify] <br />(1) "Applicabie Lavv° means all controlliag applicable federal, state and local statutes, reg�ilations, ordinances <br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable <br />judicial opinions. <br />(J) "Community Assocfation Duss, Fe�, artd Assessments° m�ns all dues, fees, assessments and other <br />charges that are imposed on Bonower or the Ptoperiy by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic inst�vment, <br />computer, or magneric ta.pe so as to order, instruct, or authorize a financial insritution to debit or credit an <br />account. Sucfi term includes, but is not lir�tited 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 are described in Secrion 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by <br />any third paRy (other than insurance proceeds paid under the coverages described in Se,ction 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taldng 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-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP Q VMPB(NEI (1105) <br />Wolters Kluwer Financial Services Page 2 of 17 <br />