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�oiooB�g� <br />(C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand Is1 and <br />Lender is a Savi ngs and Lodn <br />organized and existing under the laws of 7 h e S t a t e o f N e b r a s k a <br />Lender's address is 221 South Locust St Grand Isl and NE 68801 - <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the prornissory note signed by Bonower and dated N o v e m b e r 0 5, 2 010 . <br />1'he Note states that Barrower owes Lender 0 N E H U N D R E D T H I RT Y T H 0 U SA N D A N D 0 0/ 10 0 <br />Dollars <br />(U.S. $ 130 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in r�gular Periadic <br />Payments and to pay the debt in full not later than D e C e m b e r 1, 2 0 2 5 . <br />(F� "Property" means the property that is described belaw under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Lpan" means the debt evidenced by tkie Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Tnstrurnent, plus interesC. <br />(I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider 0 Condominium Rider 0 Second Horne Rider <br />� Balloon Rider ❑ Planned Unit Development Rider ❑ 1-4 Family Rider <br />� VA Rider 0 Biweckly Payment Rider 0 Othsr(s) [specify] <br />(I) "Applicable Law" rneans all controllin$ applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Community Assoaiation Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrawer ar the Property by a condominium association, homeowners <br />associatian or sirnilar organization. <br />(K) "Electronic Fnnds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is nat limited to, point-of-sale transfers, autornated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" rneans those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for; (i) <br />darnage to, or destruction of, the Prpperty; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) rnisrepresentations of, or ornissions as to, the <br />value and/or condition of the Property. <br />(1V) "Mortgage Insurance" means insurance protecting I.ender against the nonpayment of, or default on, <br />the L.oan. <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />�-6�NE) lost 11 r�a 2 ot � 5 in�t�ai • ` Form 3028 1I01 <br />