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20�_oo��7i (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and Lender is a Savi ngs and Loan organized and existing under the laws of T h e S t a t e o f N e b r a s k a I,ender's address is 221 South Locus� St Grand Isl and NE 6$801- Lender is the beneficiary under this Security Instrument. (D) "Trustce" is Arend R Baack, Attorney (E) "Note" means che promissory noce signed by Borrower and dated 0 c t o b e r 0 5. 2 01 D . The Note states that Borrower owes I.ender THREE Hl1NDRf� FOURTEEN THDUSAND EIGHT HUNDREp NINETY AND 00/10Q Dollars (U.S. $ 314, 890 . 00 ) plus interest. Borrower has prornised to pay this debt in regular Periodic Payments and to pay the debt in full not later than N o v e m b e r 1, 2 0 4 0 . (F� "Property" means the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" rneans the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all surns due under this Securicy Instrument, plus interest. (I� "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 0 Second Home Rider 0 Bal loon Rider � Planned Unit Development Rider � 1-4 Family Rider 0 VA Rider ❑ Biweekly Payrnent Rider 0 Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means a11 dues, fees, assessrnents and other charges that are imposed on Borrower or the Property by a condominium association, homeowners assaciation or similar organization. (K) "Electronic Funds Transfer" rneans any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated chrough an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a�nancial institution to debit or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephane, wire transfers, and automated clearinghause transfers. (L) "Escrow Items" means those items that are described in Section 3. (1Vn "Miscellaueous Proceeds" means any compensation, settlernent, awazd of daznages, or proceeds paid by any third party (othex thaza insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condernnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnatian; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insur�nce" means insurarACe protecting Lender against the nonpayrnent of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUM�NT �-B�NE) loet t1 Page 2 of 15 in�tiai�� Form 3028 1/01 �,��-