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201204765 (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 heneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Bonower and dated J u n e 0 7. 2 012 . The Note statesthatBonowerowesLender FIFTY EIGHT THOUSAND NINE HUNDRED AND 00/100 Dollars (U. S. $ 58 , 9 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 than J u 1 y 1, 2 0 2 7 . (F) °Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" ffieans the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and a11 sums due uuder this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be ex�uted by Bonower [ctcceck box as applicable]: � Adjustable Rate Rider � Co�lomiuium Rider � Second I-�ome Rider 0 Balloon Rider 0 Ptatittec� Unit DsveIopment Ri�fier O 1-4 Family Rider � VA Rider 0�iweekty Pay�cent Rider � Other(s) [specifyj (t) "Applicable Law" means all controlting applicable federal, state and local statutes, regvlations, ordinances and administrative rules and orders (that have the eff�t of law) as �rell as all applicable fina�, non-apgealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments° means ail dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transacrion originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial insritution 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 are 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 condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. NEBRASKA-Single Famfly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPB(NE) (7105) Wolters Kluwer Financfel Services Page 2 of 17