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�oi�o�� (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and existing under the laws of T h e 5 t a t e o f N e b r a s k a Lender's address is 221 South Locust St Grand I sl and NE 68801- Lender is the beneficiary under this Security InstrumenC. (D) "Trustee" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Borrower and dated 0 C t o b e r 19 , 2 O 10 . The Note states that Borrower owes Lender T H I R T Y S E V E N T H 0 ll S A N D A N D 0 0/ 10 0 Dollars (U. S. $ 3 7, 0 0 0. 0 0 ) plus interest. Borrower has promised 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 Z 0 . (� "Froperty" 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 Security Instrurnent that aze executed by Borcower. The fallowing Riders aze to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider 0 Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider � VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all COritip111ri� applicable federal, state and local statutes, regulations, ardinances and administrative rules and arders (that have the effect of law) as well as all applicable �nal, non-appealable judicial opinions. (.�) "Comnn,unity Association Dues, Fces, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condaminium assnciation, horneowners association or similar organization. (K) "Electronic Funds Transfer" rneans any transfer of funds, other than a transaction originated by check, draft, or similar paper instrurnent, which is initiated through an elecCronic terminal, telephonic instrument, computer, or magnetic tape so as to arder, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and autornated clearinghouse transfers. (L) "Escrow Items" means thasc items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlernent, award of darnages, or proceeds paid by any third party (other than insuarance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of a11 ar any part of the Properry; (iii) conveyance in lieu of condemnation; or (iv) misrepresentacions of, or omissians as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance prptecting Lender against the nonpayment of, or default on, th� Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-B�NE) lpat t1 Pege 2 of 15 inieiais: � Form 302$ 7/09 � J �, n � L�J