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�o�ioo��� <br />(C) "Lender" is Home Federal Savings and Loan Assn of Grand Isl and <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of T h e S� a t e o f N e b r a s k a <br />T ender's address is 221 South Locust St Grand I sl and NE 68801- <br />Lender is the beneficiary under tktis Security Instrument. <br />(D) "Trustee" is Arend R Baack. A�torney <br />(E) "Note" means the prornissory note signed by Borrawer and dated J a n u a r y 0 6. 2 011 . <br />The Note states that Borrower owes L.ender NINETY ONE THOUSAND TWO HUNDRED AND <br />0 0/ 10 0 Dollars <br />(U.S. $ 91, 200 . 00 ) plus interest. Borrower has promised to pay this debc in regular Periodic <br />Payments and to pay the debt in full not later than F e b r u a r y 1, 2 0 2 6 . <br />(� "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 prepaynnent charges and late charges <br />due under the Note, and all swns due under this Security Instrument, plus interest. <br />(� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [ch�ck box as applicable]: <br />[� Adjustable Rate Rider � Condominium Rider 0 Second Home Rider <br />� Balloon Rider � Flauned Uxut Ueveloprnen,t Rider 0 1-�1 Family Rider <br />[] VA Rider 0 Bzwe.�kly Payment Rider 0 Other(s) [specify] <br />(I) "Applicabte Law" means a11 controtling applicable fe�eral, state and local statutes, regulations, <br />ordinances and administrative ruIes and orders (that have the effect of law) as well as all applicable final, <br />nan-appealable judiciaT opinivns. <br />(J) "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed an Borrower or the Property by a condominiurn association, homeawners <br />association or simiIar orgazaizatian. <br />(K) "Electronic Funds Transfer" means any transfer af funds, other than a transaction originated by <br />check, draft, or sirnilar paper instiument, which is initiated through an electronic ternunal, telephonic <br />instnunent, computer, or magnetic tape sv as to order, instruct, or authorize a financial institutian to debit <br />or credit an account. Such term includes, but is not limited to, point-o f-sale transfers, automated teller <br />machine transactions, cransfers initiate�l by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" rneata.s those items that are described in Section 3. <br />(Nn "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other that� insuz'ance proceeds paid under the caverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all ar any part of the <br />Property; (iii) cvnveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(� "Mortgage Ynsurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. . <br />NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIFURM INSTRUMENT <br />�_6(��) (pg11) Page 2 of 15 i��c�ais: Form 3p28 1/01 <br />� <br />�J � <br />� <br />