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20100�575 (C) "Lender" is Home �ederal 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 5 k a Lender's address is 221 5outh Locust St Grand I sl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" rneans the promissary npte signed by Borrower and dated 0 c t 0 b e r 13 , 2 O 10 . The Note states that Borrower owes Lender S E V E N T Y T H O ll S A N D A N D 0 Q/ 10 0 Dollaars (U.S. $ 70 , 000 . 00 ) plus interest. Borrower has prornised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than N o v e m b e r 1. 2 0 4 0 . (� "Property" means the property 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 sums due under this Security Instrument, plus interest. (I� "Riders" rneans all Riders to this Seeurity Inst:ruiment that are executed by Borrower. The following Riders aze to be execut� by Borrower [check box as applicable]: [J Adjustable Rate Rider 0 Condominium Rider 0 Second Harne Rider � Balloon Rider 0 Planned Unit Development Rider 0 1-4 Fanuly Rider [.� VA Rider ❑ Biweekly Payment Rider 0 Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect �f law) as well as all applicable final, non-appealable judicial opinions. (� "Community Associat�on Dues, Fees, and Asses,sments" means all dues, fees, assessments and other charges that are imposed on Barrawer or the Property by a condominium association, homeowners association or sirnilaz organization. (I� "Electronic �nds 'I�-ansfer" rneans any transfer of funds, other than a transaction originated by check, draft, or similar paper instrumsent, which is uutiated through an electronic terminal, telephonic instrument, cornputer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. �ch term includes, but is not limited to, point-of-sale transfers, autoxnated teller machine transactions, transfers initiated by telephone, wire transfers, and autornated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (Nn "Miscellaneaus 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 Se�tion 5) for: (i) darnage 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) misarepresentations of, or omissions as ta, the value and/or conditidn of the Property. (1� "Mortgage Lisurance" means insurance protecting Lender against the nonpayment of, or default an, the Loan. NEBRASKA - Single Family - Fannie Mae(Freddie Mac UNIFORM INSTRUMENT �-6�NE) �oetil Pa0e2af 15 �mn • Form 3028 1l07 � L