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20110387G (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and elcisting under the laws of T h e St a t e o f N e b r a s k a 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 Rrend R Baack. Attorney (E) "Note" means the promissory note signed by Bonower and dated M d y 13 , 2 011 . TheNotestatesthatBorrowerowesLender FIFTY SIX THOUSAND NINE HUNDRED FIVE AND 00/100 Dollars (U.S. $ 5 6, 9 0 5. 0 0 ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later tlian J u n e 1, 2 0 41 . (� "Property" means the property that is described below under the heading "Transfer of Rights in the Prop�rt�. " (G} "Loan" means the debt evidenced by the Note, plus iuterest, any prepayment charges and late charges due under the Note, and a11 sums due under this Security Instrument, plus interest. (� "Ric�ers" means all Riders to this Security Instrume� that are exe,cuted by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: Q Adjustable kate Rider 0 Condominium Rider 0 Se,cond Home Rider � Balloon Rider 0 Planned Unit Development Rider 0 1-4 FamiTy Rider � VA Rider 0 Biweekly Payment Ricter � Other(s) [sp�if3'l (n "�4pplicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrarive rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community Association Dues, Fces, and Assessmegts" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similaz organiza.rion. (I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is iniriated through an el�tronic terminal, telephonic insttument, computer, or magnetic tape so as to order, instruct, or authorize a financial institurion to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers iniriated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (1V� "Miscellaneous Proce�s" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in S�tion 5) for: (i) dama.ge to, or destruction of, the Property; (ii) condemnation or other taking of a11 or any part of the Property; (iii) conveyance in lieu of condemna.tion; or (iv) misrepresentarions 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) lo8t t) Page 2 of 15 Initials: � Js� Form 3028 1/01 �_V V