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20�1048�3 (C)"Lender"is Home Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and existing under the laws of T h e St ate 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 Se.curity Instrument. (D) "Trustee" is U S Bank Trust Company. National Assocation (E) "Note" means the promissory note signed by Bonower and dated J u n e 2 4, 2 011 . The Note states that Borrower owes Lender SIXTY ONE THOUSAND SIX HUNDRED FIFTY FIVE AND 00/100 Dollars (U.S. $ 61, 655. 00 ) plus interest. Borrower has promised to pay tlus debt in regulaz Periodic Payments anfl to pay the debt in fall not later than J u 1 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 ckarges an� late charges due under the Note, anct atl sums due under ihis Security Instrument, plus interest. (� "Riders" means al2 Riders to this S�curity Insrivment that are executed by Bonower. The following Riders are to be executed by Borrower [check box as applica.ble]: 0 AdJustab2e Rate Rider 0 Condominium Rider 0 Second Home Ric�er 0 Balloon Rider [� Planned Unit Development Rider 0 1-4 Family Rider � VA Rider 0 Biweekty Payrnent Rider � Uther(s) [specify] NIFA Form E-3 (n "ApplicaWe T.�w" means all controlling applicable federal, state and local statutes, regulations, ordinances anc� administrative rutes and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Comm�raity Assceiation D�es, Feas, and Assessments" means all dues, fees, assessments and other charges that are imposert on Borrower or the Property by a condominium associarion, homeovvners association or similaz organizarion. (� "Electrogic F'unds Transfer" means any transfer of funds, other than a transacrion originated by ch�k, draft, or similaz paper instrument, which is iniriated ttirough an ele.ctronic terminal, telephonic instnunent, computer, or magnetic tape so as to order, instruct, or authorize a fmancial institution to debit or credit an account. Such term includes, but is not lunited 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 "Miscellan�us Proceeds" means any compensation, settlement, awazd of damages, or proceeiis paid bg 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 condirion 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) (oa� �1 Page 2 of 15 Initials: _� ,� Form 3028 1/01 �