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201407444 <br /> (C) "Lender" isHome Federal Savings and Loan Assn of Grand Island <br /> Lender is a Savi ngs and Loan <br /> organized and existing under the laws of The State of Nebraska . <br /> Lender's address is 221 South Locust St Grand Isl and NE 68801 <br /> Lender is the bene�ciary under this Security Instrument. <br /> (D) "Trustee" is Arend R Baack, Attorney <br /> (E) "Note" means the promissory note signed by Borrower and dated November 17, 2014 . The Note <br /> states that Borrower owes Lender TWO HUNDRED EIGHTY THOUSAND AND 00/100 <br /> Dollars (U.S. $280,000.00 )plus interest. Borrower has promised to pay this debt in regular <br /> Periodic Payments and to pay the debt in full not later than December 1, 2015 . <br /> (F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br /> Property." <br /> (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br /> under the Note, and all sums due under this Security Instrument, plus interest. <br /> (H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders <br /> are to be executed by Borrower [check box as applicable]: <br /> 0 Adjustable Rate Rider �Condominium Rider 0 Second Home Rider <br /> �Balloon Rider �Planned Unit Development Rider 0 1-4 Family Rider <br /> �VA Rider �Biweekly Payment Rider 0 Other(s) [specify] <br /> (1) "Applieable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br /> and administrative rules and orders (that have the effect of law) as well as all applicable tinal, non-appealable <br /> judicial opinions. <br /> (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br /> charges that are imposed on Borrower or the Property by a condominium association, homeowners <br /> association or similar organization. <br /> (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br /> draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, <br /> computer, or magnetic tape so as to order, instruct, or authorize a�nancial institution to debit or credit an <br /> account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine <br /> transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br /> (L) "Escrow Items" means those items that are described in Section 3. <br /> (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by <br /> any third party (other than insurance proceeds paid under the coverages described in Section 5)for: (i) <br /> damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br /> Property; (iii) conveyance in lieu of condemnation; or(iv) misrepresentations of, or omissions as to, the <br /> value and/or condition of the Property. <br /> NEBRASKA-Single Famiiy-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VMP� VMP6(NE)(1302) <br /> Wolters Kluwer Financiai Services Page 2 of 17 <br />