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��1����w�� <br />(C)"Lender"is Home Federal Savings and Loan Assn of Grand Island <br />Lender is a Savi ngs and Loan <br />organized and existing under the laws of Th e S t a te o f N e b r a s k a <br />Lender's address is 221 South Locust St Grand Isl and NE 68801- <br />Lender is the beneficiary under this Se,curity Insmiment. <br />(D) "Trustee" is Arend R Baack. Attorney <br />(E) "Note" means the promissory note signed by Bonower and dated Ap r i 1 2 6, 2 O 11 . <br />The Note states that Borrower owes Lender NINETY 7W0 THOUSAND THREE HUNDRED AND <br />U U / 100 Dollazs <br />(U.S. $ 92 , 300 . 00 ) plus interest. Bonower has promised to pay this debt in regular Periodic <br />Payments and to pay the deht in full not later than May 1. 2031 . <br />(1� "Property" means the property that is deseribed below under the heading "Transfer of Rights in the <br />�P�n3'." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepaycnent charges and late chazges <br />due under t�e Note, and all sums due under this Security Instrument, plus inteerest. <br />(� "liiders" means all Riders to this Security Instiv.ment that are ex�uted by Borrower. The following <br />Riders are to be executed by Borrowea [check box as applicablej: <br />Q Adjc�s�Ie Rate Rider Q�on&�minium Rider Q Second Ho� Rider <br />Q BGatto� Ricier Q P� �I�cit I?eveiopment Ric� Q l;-4 Family Rider <br />� vA Riaes Q Bi�t�r Pay�te�t Ri��aer Q Q�er(S) [�i�Y1 <br />(I) "Applieable I.�w" �near►s al� eomr��Iirag apgl,icable f�, state �nd local statutes, regulations, <br />ordinances am.d adminisfirati�e r�Ies az�c� orders (that h�ve the effc�t of Iaw) as well as all applicable fina1, <br />non appealable judiciat opiniQns. <br />(� "C����ty �ia�ign D�es, �ees, a�ee�l A�ss�ee�ts" m�s a11 dues, fees, asses,sments and other <br />ehazges t�a,t are impo� aiz �orr�ov�re� oF the Progerty by a condaminium associatiQn, homeovaners <br />associatia� or simiIar argaxiiz�iQn. <br />(I� "�t�tranic �unds Transfer" means any transfer of fv�ds, other than a transaction originated by <br />check, draft, or similar papet instrument, which is iniriated through an elecixonic terminal, telephonic <br />instnunent, computer, or magnetic tape so as to order, instruct, or autliorize a financial institurion to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sate transfers, auxomated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that aze described in Section 3. <br />(1Vn "Miscellan�us Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Secrion 5) for: (i) <br />dama.ge to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of cflndemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condirion of the Property. <br />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA - Single Family - Fannie Mae/Freddte Mac UNIFORM INSTRUMENT <br />�-6(NE) (08� t) Page 2 of 15 inh�ais: Form 3028 1l01 <br />� <br />