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2oioos�s9 (C)"Lender"is Home Federal 5avings and Loan Assn of Grand Island 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 1' a 5 k d L.ender's address is 221 South Locust St Grand Isl and NE 68801 I.ender 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. P � 1 p . The Note states that Borrower owes L.ender 0 N E H U N D R E D N I N E T HO U 5AN D AN D 0 0/ 10 0 Doilars (U.S. $ 109. 000. 00 ) plus interest. Bonower has promised 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 41 . (F� "Property" means tk►e 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 Instnunent, plus interest. (I� "Riders" tneans all Riders to this Security Instzvment that are executed by Borrower. The following Riders are to be executed Fay Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider � Balloon Rider ❑ Planned Unit Development Rider 0 1-4 Family Rider 0 VA Rider C] Siweekly Payment Rider 0 Other(s) [specify] (n "Applicable Law" means all cvntroTling applicable federal, state and local statutes, regulations, ordinanees and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (.n "Cornmuutity Association Dues, Fexs, and Aws.sessments" means all dues, fees, assessments and other charges that are it�tposed on Borrower or the Property by a condominium association, homeowners association or sirnilar organization. (K) "Electronic Funcls Transfer" means any transfer of funds, other than a transaction origiz�ated by check, draft, or similar paper instrument, which is initiated through an electronic temvnal, telephonic instrument, computer, or magnetic tape sa as to order, instruct, or authorize a financial institution to debit or crediC an account. Such term includes, but is not limited to, point-of-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. (Nn "Miscellaneous Proeeeds" means any c.ompensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paad under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyaxtce in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" rneans insurance protecting Lender again.st the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT �-6�NE) loattl Paga 2 of 75 i��t�ais: Form 3028 1/01 � � � /