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2a1009793 (C) "Lender" is Home Federal Savings 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 r a s k a Lender's address is 221 South Locust St Grand T sl and NE 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� r 2 2. 2 010 . The Note states that Borrower owes L,ender N I N E T Y T H R E E T H 0 U S A N D T H R E E H U N D R E b FIFTY AND 00/100 Dollars (U.S. $ 93 , 350 . 00 ) plus interest. Barrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full anot later than J a n u a r y 1, 2 0 31 . (I+� "Property" rneans the pxoperty 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 5ecurity Instrument, plus interest. (I� "Riders" means all Riders ta this 5ecurity Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider n Condominium Rider � Second Home Rider C..� Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider [� VA Rider 0 Biweekly Fayment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulaCions, 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, Fees, and Assessments" means all dues, fees, assessrr►ents and other charges that are imposed on Borrower or the Property by a condominiurn association, homeowners association or similar organization. (K) "Electronic �nds 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, telephanic instrument, computer, or rnagnetic tape so as to order, instruct, or authorize a�nancial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, autamat�d teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghause transfers. (L) "Escrow Items" means those iterns that are described in Section 3. (M) "Miscellaneaus Proceeds" means any compensation, settlement, award of dan�ages, or proceeds paid by any third party (other than insurance proceeds paid 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) conveyance in lieu of condemnation; or (iv) misrepresentations of, ar omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting I.ender against the nonpayment of, ar default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-BIN�) 1o8i il Page 2 of 15 in�t�ais: Porm 3028 1/01 ,' --