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240103454 <br />(C) 111'el wo is Itc m POicw4 savings and Lola Assn of 'Grand Island <br />Lender is a savings and Loan <br />erg zest <br />ifid existing under the laws of The state of Usbraska <br />L(aoder'at, addrea)s is X21 sates y cl GG aa4 . : J 68601- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "T e" is Aread It . -Saack Attoarney <br />11 N <br />(E) Note means the promissory note signed by Borrower and dated March 28th, 2002 <br />The Note states -that Borrower owes Lender Two ==am TSIRTY TzOUSM® Am 00/100 <br />(U.S. $230,000.00 ) plus interest. Borrower has promised m this debt in re <br />Dollars <br />pay regular Periodic <br />Payments and to pay the debt in full not latex than October 1,' 2007 <br />(P)'' "Fray" means the property that is described below under the heading "Transfer of Rights in the <br />« a r >, .. u _ � , : _. 'i� '�- •�'- s __ ; <br />(g "L�ws" rnsi'thtr ciebf etRidr 1®e 1"icxalua i t8ymtlahet and late urges <br />doe under the Rote, and all SUM doer Oder this Security Instrument, plus interest. <br />(D) "R " mean all' Rldeft to, this Sftwity Iusft%*wmr`that NOtx by Botfv%�. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />Q Adjustable Rate Rider Q Condominium Rider Y z 'ED S ,Hdit 3Jer <br />® Moon Rider Planned Unit fle i3ltider, <br />velopnient 0 vA Rider Biweekly Payment Rider 91414WWAider <br />Other(s) [specify] <br />(1) "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 applic ble.Anal, <br />non - appealable judicial opinions. <br />(.q "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 />(I) "Elecbv* Funds Transfer]] me>il� 'a uiy ofi' t a0ds, . ' than a transaction originated by <br />check, draft, or similar paper instrument,' which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tVe so4i to oaYler; instrtsrt, �r adze a financial institution to debit <br />or credit an aooauaat. Suck `term includes, but is not limited to, point-of-sale transfers, automated teller <br />mwhine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />(W "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or procew4iG <br />by any third party (other than insurance proceeds paid under the coverages described in3 }►e I <br />damage to, or destruction of, the Property; (ii) condemmdion or other taU*' of all or any part of the <br />Pt+operty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property.;, <br />(N) "Mortgage Insurance" me, ns insurance protecting Lender against the nonpayment of, or deta on, <br />the Loan. <br />ft4NNE) 10omwi ? Initiw <br />?apaof I� } <br />_.Form 3028 1/01 <br />e v ! 4J <br />