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2oioU8464 (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island I.�nder is a Savi ngs and Loan orgaz�ized and existing under the laws of T h e S t a t e o f N e b r a s k d Lender's address is 221 South Locust St Grand I sl and NE 68801- I.ender is the beneficiary under this Security Instrument. (D) "Trustce" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Borrower and dated N o v e m b e r 10 , 2 O 10 . The Note states that Borrower owes L.ender QNE HUNDRE� TWELVE THpUSAND TWO HUNDRED SEVENTY FIVE AND 00/100 Dollars (U.S. $ 112 , 275 . 00 ) plus interest. Borrower has pramised 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 . (� "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Laan" rneans 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. (� "Riders" means all Riders to this Security Instrurnent that are execnted by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider [.� Batloon Rider 0 Plaauaed Unit Development Rider 0 1-4 �amily Rider 0 VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administracive rules and orders (that have the effect of law) as well as a11 applicable final, non-appealable judicial opinions. (J) "Community Association Daes, Fees, and Assessments" means all dues, fees, assessments and other charges that are unposed on Borrower ar the Property by a condominium associacion, homepwners association or sirnilar organization. (K) "Electranic Funds Transfer" nneans any transfer of funds, other than a transaction originated by check, draft, or sirnilar paper instrument, which is initiated Chrough an electronic ternninal, telephonic instrument, computer, or magnetic tape so as to arder, instruct, or authorize a financial institution to debit or credit an accaunt. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and autornated clearinghause transfers. (L) "Escrow Items" means those items that are described in Section 3. (1Vn "MiscelNaneous Proceeds" means any compensation, settlement, award of darnages, or proceeds paid by any third party (other than insurance paroceeds paid under the coverages described in Seccion 5) for: (i) darnage to, or destruction of, the Property; (ii) condernnation or other taking of all or any part af the Property; (iii) conveyance in lieu of condenrwation; or (iv) misrepresentations of, or omissions as ta, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting I..ender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannia Mae/Freddie Mac UNIFORM INSTRUMENT � �-6�NE) los� i 1 Paqe z ot i 5 initiais: �L� Form 302$ 1/09