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20iU4914� (C) "Lender" is Home Federal Savings and Loan Assn af Grand Isl and 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� b r a s k a Lender's addr�ss is 221 South Lacust St Grand I sl and NE 68801- Lender is the beneficiary under this Security Instrurnent. (D) ��Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated D e c e m b e r 0 2, 2 010 . The Note states that Borrower owes Lender FORT Y N I N E THO U SAN D AN D 0 0/ 10 0 Dollars (U.S. $ 49 , 000 . 00 ) plus interest. Borrotrver has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than ,] a n u a r y 1, 2 0 21 . (� "Fraperty" rneans 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 charges due under the Note, and all sums due under this Security Instrument, plus interest. (� "Riders" rneans all Riders to this Security InsCrument that are executed by Barrower. The following Riders are to be executed by Borrower [check box as applicable]: [� Adjustable Rate Rider [� Condominium Rider 0 Second Home Rider 0 Balloon Rider � Planned Unit Development Rider 0 1-4 Farnily Rider 0 VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances axid administrative rules and orders (that have the effect of law) as well as all applicable �nal, non-appealable judicial opinians. (.n "Community Association Dues, Fees, and Assessments" means a11 dues, fees, assessrnents and other charges that are imposed on Barrower or the Property by a condominium association, homeowners association or similaz organization. (I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaz paper instnunent, which is initiated through an electronic terrninal, telephonic instrument, 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 to, paint-af-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (11� "Miscellaneous Proceeds" rneans any compensation, settlement, awazd of darnages, or procceds paid by any thiz'd party (other than insurance proceeds paid under the coverages described in Sectian 5) for: (i) damage to, or destruction of, the Property; (ii) candemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condetnnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (I� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT `•/ �-6�NE) loaitl Page 2 of 15 i��s�ais: w,�" Form 3028 1/01 �