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�oioos�94 (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 d t e o f N e b r a s k a Lender's address is 221 South Locust 5t Grand Isl and NE 68801- Lender is the beneficiary under this Security Instrumant. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissary note signed by Borrower and dated N o v e m b e r 0 5, 2 O 10 . The Note states that Borrower owss Lender TWO H U N p R� D T H 0 U SA N D AN D 0 0/ 10 0 Dollars (U.S. $ 200. 000 . 00 ) plus interest. Borrow�r 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 l. 2 � 4 0 . (� "Property" means the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" means Che 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" means a11 Riders ta this Security Instrument that are executed by Borrower. The following Riders are ta be executed by Bonrower [check box as applicable]: ❑ Adjustable Rate Rider � Condominium Rider 0 Second Home Rider 0 Balloon Rider � Plam�ed Unit Development Rider 0 1-4 Family Rider � VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statntes, regulations, ordinances and adrninistrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Associatian Dues, Fee.s, and Assessments" means all dues, fees, assessments and other charges that are imposed on �orrower or the Froperty by a condominium assaciation, homeowners association or similar organization. (K) "Electronic �nds Tra�nsfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, carnputer, 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 ta, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Iteams" means those items that are described in SecCion 3. (1Vn "Miscellaneous Proceeds" means az�y 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 to, or destruction af, the Property; (ii) condernnation or other taking of all or any part of the Property; (iii) conveyance in lieu af condemnation; or (iv) misrepresentaCions of, or omissions as to, the vaJue and/ar condition of the Property. (1� "Martgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the L.oan. NEBRASKA - Single Family - Fannle Mae(Freddie Mac UNIFpRM INSTRUMENT �-6�NE) loet t1 Paae 2 or �5 �n�t�a�s: � � Form 302$ 9/09