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2oioos5�� (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island L,Qnder 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 d Lender's address is 221 South Locust St Grand I sl and NE 6$801- Lender is the beneficiary under this Security Tnstrurnent. (D) "Trustee" is Arend R Baack. Attarney (E) "Note" means the promissory note signed by Borrower and dated N p v e m b e r 0 9. 2 O 10 . The Note states that Borrower owes Lender F I F T Y T H 0 U S A N D A N� 0 0/ 10 0 Dollars (U. S. $ 5 0, 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than Q e c e m b e r 1, 2 0 2 5 . (F� "Property" means the property that is described below under the heading "Transfer of Rights in the 1'roperty." (G) "Loan" rneans the debt evidenced by the Note, plus interest, any prepaymenC charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (� "Riders" rneans all Riders to this Security Instnunent that are executed by Borrower. The fallowing Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second Horne Rider 0 Balloon Ridsr 0 Planned Unit Development Rider � 1-4 Family Rider � VA Ridcr � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all cantrolling applicable federal, state and local statutes, regulations, ordinances and adrninistrative rules and orders (that have the effect of law) as well as all applicable �inal, non-appealable judicial opinions. (.n "Community Association Daes, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Bonrower 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 ariginated by check, draft, or similar paper instrument, which is initiated through an electronic tenninal, tclephonic instrument, computer, or magnetic tape so as to arder, instruct, or auchorize a financial institution ta 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 automated clearinghouse transfers. (L) "Escrow �tems" means those iterns thac 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 Seccion 5) for: (i) damage to, or destruction of, the Property; (ii) candernnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; ar (iv) misrepresentations of, or ornissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting I,ender against the nonpayment of, or default on, the L.oan. NEBRASKA - Single Family - Fennie Mae/Freddie Mac UNIFORM INSTRUM�NT �-6�NE) �os� �� Paae 2 of � 5 �n�t�a�s: Form 3028 1/01