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2o�ooss34 (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and �.,ender is a Savi ngs and Loan organized and existing under the laws af T h e S t a t e o f N e b r a s k a Lender's address is 221 5outh Locust St Gr�nd Isl and NE 68801- I.ender is the beneficiary under this Security Instrurnent. (D) "Trustce" is Arend R Baack. Attorney (E) "Note" means the promissory note signed by Borrower and dated N p v e m b e r 17 . 2 U 1 Q . The Note states that Borrower owes Lender TWp HUNDRED NINETY TWO THDUSAND SIX HUNDRED FIFTY AND 00/7,00 Dollars (U. S. $ 2 9 2, 6 5 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later ttAan � 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 Property." (G) "Loan" rneans the debt evidenced by the Note, plus interest, any prepayment charges and late cha�rges due under the Note, and all sums due under this Security Tnstrurnent, plus interest. (I� "Riders" rneans all Riders to this Security Instnunent that are executed by Barrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider ❑ Second Home Rider � Balloon Rider � Flanned Unit Development Rider � 1-4 Family Rider 0 VA Rider � Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effecc of law) as well as all applicable fmal, nan-appealable judicial opinions. (J) "Comrnunity Associatian Dues, F�s, and Assessments" rneans all dues, fees, assessments and other charges that are imposed on Borrawer or the Property by a condominium association, homeowners association or similar organization. (I� "Elect�ronic Ftinds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or simflar paper instnimenc, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or auchorize a financial institution to debit or credit an account. Such term includes, but is not lunited to, point-of-sale transfers, automated teller rnachine transactions, transfers initiated by telephane, wire transfers, and autornated clearinghause transfers. (L) "Escrow Items" means those iterns that are described in Section 3. (1Vn "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 Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking af all or any part of the Praperty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (1V) "Mort�age Insurance" nneans insurance protecting Lend�r against the nonpayment of, or default on, the I,oat�. NEBRASKA - Single Femily - Fannle Mas/Freddie Mac UNIFQRM INSTRUMENT �-B�NE) loet t 1 Page 2 of 15 Initlals: � Form 302$ 9l01