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�p�10607� (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 S t 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 Securiry Instrument. (D) "Trustee" is Arend R Baack, Attorney (E) "Note" means the promissory note signed by Bonower and dated A u g u s t 15 , 2 011 . The Note states that Borrower owes Lender 0 N E H U N DRE D E I GHTE E N TH OU SAN D S E V E N HUNDRED FIFTY AND 00/100 Dollars (U.S. $ 118 , 750 . 00 ) plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than September 1, 2041 . (� "Property" means the property that is described below under the heading "Transfer of Rights in the Properiy." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Securiry Instrument, plus interest. (� "Riders" means all Riders to this Security Instrument that aze executed by Bonower. The following Riders aze to Ue exe,cuted by Borrower [check box as applicable]: 0 Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider 0 Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider � VA Rider � Biw�kly Payment Rider � Other(s) [specify] (n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community AssociaHon Dues, Fces, and Assessments" means all dues, fees, assessments and other chazges that are imposed on Borrower or the Property by a condominium association, homeowners � association or similar organization. (I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by �. � check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic A 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 „ machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse ;; � transfers. 4 �"a (L) "Escrow Items" means those items that aze described in Section 3. (Nn "Miscellaneous Procceds" means any compensation, settlement, awazd of damages, or proceeds paid by any third pariy (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 Properly. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. � NEBRASKA - Single Family - Fennie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) (oa��> Page 2 of 15 i��eis: Form 3028 1/07 �