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201207363 (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 St 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 beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E► "Note" means the promissory note signed by Borrower and dated August 30 , 2012 . The Note statesthatBorrowerowesLender SIXTY SIX THOUSAND AND 00/100 Dollazs (U. S. $ 6 6. 0 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 Iater than September 1, 2042 . (�) "Property" means the property that is d�scribed below under the heading "Transfer of Rights in the ProperEy." (G) "Loars" meaus the debt evidenced by th� Note, plus interest, az►y prepayment charges and Iate charges due uncier the Note, and a11 sums due under ttris Security Instrument, plus interest. (H) "Riders" means all Riders ta tivs Securiry Itrsstrnment that are executed by Borrower. Ttte folIowing Riders are to be executed by Borrower [chec�C box as applicablej: � Adjustable Rate Rider Q Condominiu.� Rider 0 Seconc� Home Rider Q Balloo�c Rider 0 Planned Unit IIevetopment Rider � I-4 Family Rider Q�A Rider Q Aiweekty Payment Rider � Other(s} [specify] (I) "Applecabte Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrarive rules anci ordeFS (that have the effect of law) as well as all applicable finat, non-appealable judicial apinions. (Jj "Community Assaciation Deres, Eees, and Assessmer�ts" means all dues, fees, assessments and other charges that are im�osed on Borrower or the Property by a condominium association, homeowners association or similar organizarion. (K) "Eiectronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is iniriated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term inctudes, but is not limited to, point-of-sale transfers, automated teller machine transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Misce{laneous Proceeds" means any compensation, settlement, awazd 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 Properly; (iii) conveyance in lieu o€ condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Propertv. NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPBINE) (1705) Walters Kluwer Financial Services Page 2 of 17