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2012UG241 (Ci "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. (D1 "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated Jul y 27 , 2012 . Ttce Note states that Borrower owes Lender ONE HUNDRED SEVENTY SEVEN THOUSAND FIFTY AND 00/100 Dollars (U.S. $177 , 050 . 00 ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than Au g u st 1. 2 032 . (F) "Property" means the progerty that is described below under the heading "Transfer o€ Rights in the Property " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late chaFges due under the Note, and all sums due under this S�urity Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrament that are executed by Borrower. The following Riders aze to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider � Second Home Rider 0 Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider 0 VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (q "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrarive rules and orders (that have the effe,ct of law) as well as all applicable fina1, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, f�s, assessments and other charges that are imposed on Borrower or the Property by a condominium associarion, homeowners association or similar organization. (K) "Electronic Funds Transter" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magneric tape so as to order, instruct, 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 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 destrucrion of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnarion; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. NEBRASKA-Single Family-Pannie MaelFreddle Mac UNIFORM INSTRUMENT Form 3028 7(01 VMP p VMPB(NE) (1105) Wolters Kluwer Financial Services Page 2 of 17