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20�2�49�0 (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 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 Borrower and dated June 11, 2012 . The Note states that Borrower owes Lender THIRTY SIX THOUSAND AND 00/100 Dollars (U. S. $ 3 6, 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regulaz Periodic Payments and to pay the debt in full not later than J u 1 y 1. 2 018 . (F1 "Property° means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, pIus interesc, any prepayment chazges and late charges due under the Note, and a11 sums due under this Security Instrument, plus interest. (M) "Riders" means all Riders to this 5ecurity Insttument that are executed by Borrower. The following Riders are to be executed by Bonower [ch�k box as applicable]: 0 Adjvstable Rate Rider � Condominium Rider � Second Home Rider 0 Balloon Rider � Plazmed Unit Development Rider � I-4 Family Ridea 0 VA Rider � Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as a11 applicable finai, non-appealable judicial opinions. (J) "Commuflity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium associarion, homeowners association or similaz organization. (K) "Electronic Funds Transfer" me�ns any transfer of funds, other than a transacrion originated by check, draft, or similaz paper instrument, which is initiated through an el�tronic terminal, telephonic instnunent, computer, or magnetic tape so as to order, insmict, or authorize a financial institurion to debit or credit an account. 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 aze described in Secrion 3. (M) "Miscellaneous Proceeds" means any compensarion, settlement, awazd of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Se,ction 5) for: (i) damage to, or destrucrion 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 Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/Ot VMP � VMPB(NE) (1105) Wolters Kluwer Flnancial Services Page 2 af 17