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2010A�580 (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 a t e o f N e b r a s k a L.�nder's address is 22J. South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security Instz•urnent. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the pramissory note signed by Sort'awer and dated N o v e m b e r 10 , 2 010 . The Note states that Borrower owes Lender S I XT Y TH RE E 7 H 0 U S A N D AN D 0 0/ 10 0 Dollars (U.S. $ 63 , 000 . 00 ) plus interest. Borrower 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 1, 2 0 2 5 . (� "Property" means the property that is described belaw 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 tlais Security Instrument that are executed by Borrower. The following Riders are to be executed by Bonower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider 0 Balloon Rider 0 Planned Unit Development Rider 0 1-4 Faznily Rider 0 VA Rider � Biweekly Payment Rider � Other(s) [specify] (n "Applicable Law" rneans all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial apinions. (� "Conamunity Association Dues, Fces, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (I� "Electronic Ftinds Transfer" rneans any transfer of funds, other than a transaction originated by check, draft, or similar paper instrurnent, which is initiated through an electronic terminal, telephonic instrurnent, computer, 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, autonnated teller machine transactions, transfers initiated by telephone, wire transfers, and autamated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Sectian 3. (Nn "Miscellaneous Proceeds" means any compensation, seCtlement, award of darnages, 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 of, the Property; (ii) condemnation or other taking of all or any part of the Pz'operty; (iii) conveyance in lieu of condemnation; or (iv) misz'epresentations of, or om,issions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayrnent of, or default on, the L,oan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM IN5TRUMENT �-6(��) (0811) Page 2 of 15 Initials: FOYt17 $028 9/U7 � � �