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20100792i (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 Lender's address is 221 South l.ocust St Grand I sl and NE 68801- L.�nder is the bene�ciary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Barrower and dated 0 c t o b e r 2 5. 2 010 . TheNotestatesthatBonowerowesl.ender FIFTY FIVE THOUSAND ONE HUNpRED FIFTY A N D U 0/ 10 0 Dollars (U. S. $ 5 5,15 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 2 5 . (F� "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 prepayrnent charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (Ii) "Riders" means all Riders to this Security Instnunent that are executed by Borrower. The following Riders are ta be executed by Borrower [check box as applicable]: [] Adjustable Rate Rider 0 Condominium Rider � Second Home Rider � Balloon Rider [� Planned Unit Developnnent Rider � 1-4 Family Rider 0 VA Rider [] Biweekly Payment Rider � Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and adzninistrative rules and arders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Bonower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrurnent, vcrhich is initiated through an electronic terminal, telephozuc instrument, cornputer, or magnetic tape so as to order, instruct, or authorize a financial institution ta debit or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller zn,achine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrpw Items" rneans those items that are described in 5ection 3. (1Vn "Miscellaneaus Proceeds" rneans any cornpensation, settlement, award of damages, or proce.eds paid by any third party (other than insurance proceeds paid under the coverages described in Sectian 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all ar any part af the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations af, or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the L.oan. NEBRASKp - Single Family - F�nnle MwelFreddie Mac UNIFQRM INSTRUMENT �-6(NE) 108111 Page 2 of 15 Initials: '� Form 3029 7/07