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�oioo9�o� <br />(C)"Lender"is Home Federal 5avings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />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 <br />L,ender's address is 221 5outh Locust St Grand I sl and NE 6$801- <br />T.,end�r is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated D e c e m b e r 2 0. 2 010 <br />The Nare states that Borrower owes I,ender E I G HT Y TW 0 T H 0 U SA N D A N � 0 0/ 10 Q <br />Dollars <br />(U. S, $ 82 , 0 0 0. 0 0 ) plus interest. Barrower has prom.ised to pay this debt in regular 1'eriodic <br />Payments and to pay the debt in full not later than J a n u a r y 1, 2 0 2 6 . <br />(F� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and a11 sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider � Condominium Rider � Secand Home Rider <br />� Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />0 VA Rider � Biweekly Payrnent Rider ...�� Other(s) [specify] <br />(I) "Applicable Law" rneans all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(d) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Bonower or the Property by a condominium association, homeowners <br />associatian or similaz organizatian. <br />(K) "Electronic Funds Transfer" means any transfer of funds, ather than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, compuCer, or magnetic tape so as to order, instruct, ar authorize a financial institution to debit <br />or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" rneans those items that are described in Section 3. <br />(M) "Miscellaneoas Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance procaeds paid undex the coverages described in Section 5) for: (i) <br />damage to, or destruction af, the Property; (ii) condernnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) rnisrepresentations of, or omissions as to, the <br />value and/or condition of Che Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender againsc the nonpayrnenC of, ar default on, <br />the L.aan. <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) loe� i� Page 2 of 15 �n�t�a�s: _�� �jForm 3028 9l01 <br />