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20120684� (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 August 14. 2012 . The Note states that Borrower owes Lender SEIIENTY THREE THOUSAND SIX HUNDRED AND 00/100 Dollars (U.S. $ 73 , 600 . 00 ) plus interest. Bonower has promised to pay this debt in regula.r Periodic Pa}+ments and to pay the debt in full not later than September 1. 2032 . (F) "Property" mean� the property that is desc7ibec� below under the headiug "Tr�sfer of Rights in the Property " (G) "Loan" means the debt evidenced by the Note, plus interest, any grepayment charges and Iate chazges due under the Note, and alI sums due under this Security Instrument, pins interest. (H� "Ri�ees" means all Riders to tliis Security Instnrment that are executed by Borrower. 'F'he followiag Ric�ers are to tre executed by Borrow�r [ct�eck bax as agplieablej: Q Adjustable Rate Rider ��ndo�ium Itic�es 0 Second Home Rider Q Balloon Rider 0 Plazmed Unit Development Rider 0 1-4 Family Rider Q VA Rider 0 Biweekty Payment Rider 0 f}ther(s) [specify� (1) "Applicable Law" means all controlling applicable federr�ll, state and local statutes, regulations, ordinances and administrarive rules and orders (that have the effect of law) as well as all applicable final, non-appealable ju�icial opiniaas. tJ) "Caenmunrty Assoc'tation Dues, Fe�, ar�d �►ssessments" means alI dues, fees, assessments and other charge.s that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "EFectronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instivment, which is initiated through an electronic terminal, telephonic instnunent, 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 transacrions, transfers iniriated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Misceilaneous 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 condemnarion; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. NEBRASKA-Sfngle Family-Fannte Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NE) (1105) Woltars Kluwer Financial Services Page 2 of 17