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�o�ioo4bo (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 Locus� St Grand Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack, At�orney (E) "Nate" means the promissory note signed by Borrower and dated J a n u a►^ y 13 , 2 o 11 . The Note states that Borrower owes Lender $ I X T Y N I N E T H 0 U SA N D F I V E H lJ N D R E D A N D 0 0/ 10 0 Dollars (U.S. $ 69 , 500 . 00 ) plus interest. Borrower has promised ta pay this debt in xegular Periodic Payments and to pay the debt in full not later than F e b r u a r y 1. 2 0 2 6 . (� "Property" means the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" means the debt evidenced by the Nate, plus interest, any prepayment charges and late charges due under the Nate, and all sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrument that ar� executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider n Condominiuxn Rider 0 Second Home Rider � Balloon Rider ..�_� Planned Unit Development Rider 0 1-4 Family Rider � VA Rider _..�...� Siweek]y Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and adrninistrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinians. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and oth�r charges that are imposed on Borrower or the Property by a condominium association, homeowners association ar 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, telephonic instrurnent, cornputer, 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, 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. (M) "Miscellaneous �'roceeds" means any compensation, settlement, award of dannages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destructian of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; ar (iv) misrepresentatians of, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment af, or default on, the Loan. N�BRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � �-B�NE) (oat t� Page 2 of 15 iniciais: ;�� Form 3028 1/01 � '� V .J