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2�1�49G50 (C) "Lender" is Home Federal Savi ngs and Lqan 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 e b r a s k a Lender's address is 221 South Locust 5t Grand I sl and NE 68801- Lender is the bene�ciary under this Security Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Nate" means the promissary note signed by Borrower and dated D e c e m b e r 17 , 2 O 10 . The Note states that Borirower awes Lender F O 11 R H U N D R E b S E V E NT E E N T H 0 U SA N D A N D ooiloo Doll�s (U. S. $ 417 , 0 0 0. 0 0 ) plus interest. Borrower has prornised to pay this debt in regular Periodic Payments and to pay the debt in full not later than J a n u a r y 1. 2 0 2 6 . (F� "Property" mcans 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 ch.arg�s 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 0 Condominiurn Rider � Second Hame Rider 0 Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider 0 VA Rider � Biweekly Paynnent Rider 0 Otkxer(s) [specify] (I) "Applicable Law" means a11 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 opinions. (J) "Community Association Dues, �'ces, and Assessments" means all dues, fees, assessments and other chazges that are imposed on Borrower ar the Praperty by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, ar authorize a financial institution to debit or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated cleazinghouse transfers. (L) "Escraw Items" means those items that 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 Sectian 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) canveyance in lieu of condemnation; ar (iv) misrepresentations of, or omissions as to, the value and/or candition of the Froperty. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-BINE) �osi i� Page 2 of 15 in�t�ais: Fprm 3028 1lb1 �