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201102734 (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island L.ender 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 d s k a Lender's address is 221 South Locust St Grand I sl 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 A p r i 1 0 6, 2 011 . The Note states that Borrower owes Lender S E V E NTY F I V E TH 0 U SAN D AN D 0 0/ 10 0 Dollars (U.S. $ 75 , 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 M a y 1, 2 0 41 . (� "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 charges and late charges due under the Note, and aIl sums due uncier this Security Instrument, plus interest. (� "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: �. Ac�lvstable Rate Rider Q Condominium Rider Q Secomct Home Rider Q Battoc�n Ric�er 0 PIam� Uait Development Rider 0 I-4 Facnily Ri�er Q VA Ricier Q Biweekly Payrnent RicPer Q()ther(s) [specifYl (I} "Applipble I.avr" � ati ��g agplicable federai, state and Ic�cat statutes, regulations, orditt��es ausd �aativ� � and or�ers (ti�at have the effect of taw} as weii as a�i appticabie fiaat, nc>n-appeaiab�e y�diciat oginio�s_ (J1 "Cummuuit�r A�ciatioa Dues, Fces, and A�sessraents" mea�TS atI c�es, fees, a�ts aad other charges tbat are im�pc� e� Hoarow� or the Property by a condcimissium assc�iateon, homeowners assoc�aticm or sim�ar c�rganiz�ivn. (I� "Electronie Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper insmiment, which is iniriated through an electmnic terminal, telephonic instr�ment, computer, or magnetic tape so as to order, instruct, ar authorize a financiat institutian 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. (Nn "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 a11 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 ( �-61NE►(OSttl Page2of15 �nitials:\_�� Form3028 1/07 �