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2011019�9 (C)"Lender"is Home Feder.al 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 Isl and NE 68801- Lender is the beneficiary under this S�urity Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Borrower and dated M a r c h 0 4, 2 O 11 . The Note states that Borrower owes Lender ON E H U N DRE D FORTY THOU SAN Q AN D 0 0/ 10 0 Dollazs (U.S. $ 140 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than Apr i 1 1. 2026 . (� "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 Note, plus interest, any prepayment chazges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instniment that axe ex�uted by Borrower. The following Riders aze to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider � Second Home Rider � Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, siate and local statutes, regulations, ordinances and administrative rutes and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other chazges that aze imposed on Borrower or the Property by a condominium association, hom�wners association or similaz organization. (I� "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 instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, uansfers uutiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (11� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or procceds 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, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT --G(NE) (0871) Page 2 of 15 Initials: �' FO►111 SO2S 7/01 � ��