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2oioos34o (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 S t a t e o f N e b r a s k a Lender's address is 221 5outh Locust St Grand Isl and NE 58801- Lender is the bene�ciary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" rneans the promissory note signed by Barrower and dated N o v e m b e r 0 3. 2 010 . The Note states that Borrower owes Lender E I G H 7 Y T H 0 U SA N Q A N b 0 0/ 10 0 Dollars (U.S. $$0 , 000 . 00 ) plus interest. Bonrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than D e c e m b e r 1. 2 0 2 5 . (k� "Property" rneans 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 Secuxity Instnunent, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The fallowing Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider ❑ Condorninium Rider � Second Home Rider 0 Balloon Rider � Planned Unit Development Rider � 1-4 Fanuly Rider � VA Rider � Biweekly Payment Rider 0 Other(s) [speeify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the �ffect of law) as well as all applicable final, non-appealable judicial opinions. (.n "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other Ghazges that are imposed on Borrower or the Property by a condorninium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or sirnilar paper instrurnent, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, 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 cleaz�inghouse transfers. (L) "Escrow Items" means those iterns 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 Co, or destruction of, the Property; (ii) condernnation or other taking of all or any parC of the Froperty; (iii) conveyauce in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Prpperty. (1� "Martgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mec UNIFORM INSTRUMENT ,� �-B�NE) (0811) Pgge 2 of 15 in�ciais: � Form 3028 7/07 �