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2011029�0 (C) "Lender" is Home Federal Savi ngs and Loan Assn of Grand I sl and 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 d Lender's address is 221 South Locust St Grand I 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 Bonower and dated A p r i 1 I 5, 2 O 11 The Note states that Borrower owes Lender N INETY FOUR THOUSAND AND OQ/100 DolIars (U.S. $ 94, 000 . 00 ) plus interest. Borrower has promised to pay this debt in regulaz Periodic Payments anct to pay the debt in full not later than M a y 1, 2 0 41 . (F} "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 alI sums due under this Security Instrument, pius interest. (F� "Riders" means alI Riders to this S�urity Instrument that aze executed by Barrower. The folIowing Riders are to be executed by Borrower [check box as applicabiej: � Adjustabie Rate Rider � Condorninium Rider 0 Seconci I�ome Ricter 0 Balloan Rider 0 Plannec� Unit Development Rider 0 I-�t Family Rider � VA Rider � Biweekly Payment Rider � Other(s) [specifyj (� "Appticable Law'� means ail controlling applicable federat, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealabie judiciat opinions. (� "Community Association Dues, Fees, and Assessments" means a1I dues, fees, assessments and other charges that are impase� on Borrower or the Praperty by a condominium association, homeowners association or simiiar organizarion. (I� "Electronic Fut��ds Transfer" means any transfer of funds, other than a traztsaction originated by check, draft, or similar paper instnunent, 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 rnachine transacrions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (I.) "Escrow Items" means those items that are described in Section 3. (Nn "Miscellaneous Proceeds" means any compensation, settIement, awazd of damages, 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, 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 �-6�NE) 10811) Page 2 of 15 Initials: � Form 3028 1/01 �