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2oioos�i� (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 5 t a t e o f N e b r a s k a Lender's address is 221 Sputh Lpcust St Grand Isl and NE 68801- Lender is the bene�ciary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated N p v e m b e r 0 8, 2 O 10 . The I�1ote states that Borrower owes Lender TWO HUNDRED EIGWT THOUSAND AND 00/100 Dollars (U. S. $ 2 0$. U 0 0. 0 0 ) plus interest. Borrower has pxomised ta pay this debt in regular Periadic Payments and to pay the debt in full not later than D e c e m b e r 1, 2 p 2 5 . (k� "Fit'operty" 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 prepayment charges and late charges due under the Note, and all sums due under this Security Instnunent, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The :following Riders axe Co be executed by Borrower [check box as applicable]: ❑ Adjustable Rate Rider 0 Condominium Rider � Second Home Rider ❑ Balloon Rider 0 Planned Unit Developrnent Rider 0 1-4 Family Rider 0 VA Rider 0 Biweekly Payment Rider � Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, state and local statutes, regulatians, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial apituons. (.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are irnpased on Borrower or the Property by a condorniniunn 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 instrument, which is initiated through an electronic terminal, telephonic insttvment, computer, or magnetic tape sa as to order, instrucC, or authorize a�nancial institution to debit or credit an account. Such term includes, but is nat lirnited to, point-of-sale transfers, automated teller rnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (Nn "Miscellaneous Proceetls" means any comp�nsation, settlement, awax'd of damages, or procee�is paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) darnage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (I� "Mortgage Insurance" rneans insurance protecting i.ender against the nonpayment of, or default an, the L,oan. NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 �-61NE) IOSt t 1 Page 2 of 15 i��c�ais� � Form 3028 9/01 �