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201009649 (C) "Lender" is Wome Federal 5avi ngs and Loan Assn of 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 8 Lender's address is 221 5outh Locust St Grand Isl and N� 68801- Lender is the beneficiary under this Security Instrument. (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 2 3, 2 010 . The Note states that Borrower owes Lender F 0 RT Y T H R E E T H 0 U SA N D A N D 0 0/ 10 0 Dollars (U.S. $ 43 , 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 ,] a n u a r y 1, 2 0 2 6 . (F� "Property" 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 Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider � Second Home Rider � Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider � VA Rider � Biweekly Paynnent 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 effect of law) as well as all applicable �nal, non-appealable judicia� opinions. (J) "Community Association Dues, Fees, and Assessrnents" zneans a11 dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners associatian or similaz organization. (K) "Electranic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrurnent, which is initiated through an electronic terminal, telephonic instrument, connputer, or magnetic tape so as to order, instruct, or authorize a�nancial institution to debit or credit an account. Such term includes, but is nat limited to, point-of-sale transfers, autornated teller rnachine transactions, transfers initiated by telephone, wire transfers, and autamated clearinghouse transfers. (L) "Escrow Items" means those items that are desct'ibed in Section 3. (M) "Miscellaneous Procceds" means any compensation, settlernent, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in 5ection 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or ather taking of 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 candition of the Property. (N) "Mortgage Insnrance" means insurance pratecting Lender against the nonpayrnent of, or default an, the L.oan. NEBRASKA - Singla Family - Fannie Mae/Freddie Mac UNIF�RM IN$TRUMENT /�� �-BINE) loai i 1 Paae 2 or i 5 Initials: 1� pV Form 3028 1/01 d-�