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(C) "Lender" is Home Federal Savings and Loan Assn of Grand Island <br />Lender is a Savings 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 beneficiary under this Security Instrument. <br />(D) "Trustee" is U S Bank Trust Company, National Association <br />(E) "Note" means the promissory note signed by Borrower and dated December 30, 2015 . The Note <br />states that Borrower owes Lender NINETY EIGHT THOUSAND FOUR HUNDRED AND <br />00 /100 <br />Dollars (U.S. $98,400.00 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than January 1, 2046 . <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, and late charges due under the Note, and all <br />sums due under this Security Instrument, plus interest. <br />(11) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />Adjustable Rate Rider 1 [ Condominium Rider ( 'Planned Unit Development Rider <br />Other N I FA Form E -1 <br />0 Rehabilitation Loan Rider <br />Ix 1 <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non - appealable 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 <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to <br />debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated <br />teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />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 />FHA Deed of Trust -NE <br />Bankers Systems VMP <br />Wolters Kluwer Financial Services <br />201508827 <br />9/30/2014 <br />VMP4R(NE) (1506).01 <br />Page 2 of 17 <br />