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200213357 (C) "Lender "Is Home Federal Savings and Loan Assn of Grand Island Lender is Savings and Loan organized and existing under the laws of The State of Nebraska Lender's address is 221 South Locust St Grand Island NE 68801 - L.cnddr is the beneficiary under this Security Instmmenl. (D) "Trustee" is Arend R Haack, Attorney (E) "Note" means the promissory note signed by Borrower and dated December 6th, 2002 the Note states Thal Borrower owes Lender ONE HUNDRED SEVENTY FIIrH THOUSAND AND 00 /100 Dollars (U.S. $175, 000.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than January 1, 2018 (F) "Property" means the properly that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all rums due under this Security Instrument, plus interest. (Ip "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: ] Adjustable Rate Rider ] Condominium Rider ] Second Home Rider Balloon Rider L] Planned Unit Development Rider 1 -4 Family Rider VA Rider ] Biweekly Payment Rider Olher(s) [specify] H) "Applirnhle Law" means all controlling applicable federal, %talc and local statutes, regulations, ordinances and administrative roles mud orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessment.' means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (1) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an cicetrunie terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution Lo debit or credit an account. Such term includes, bul is not limited to, point-of sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. [ (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous 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 condemnation; or (iv) misrepresentations of, or omissions as to, the value and /or condition of the Property. (N) "Mortgage Insurance" means insurance princeling Lender against the nonpayment of, or default on, the Iran. m ahh: OJ.Ts -6(NE) moon of Peae i of 11 Form 3028 1101