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�o�iosi�� <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 St d t e o f N eb r a s ka . <br />Lender's adclress is 221 South Locust St Grand I sl and NE 68801- <br />Lender is the beneficiary under tlus Security Instrument. <br />(D) "ZYustee" is Arend R Baack, Attorney <br />(E) "Note" means the promissory note signed by Borrower and dated A u g u s t 12 , 2 O 11 . <br />The Note states that Bonower owes Lender THIRTY ONE THOUSAND TWO HUNDRED AND <br />0 0! 10 0 Dollars <br />(U.S. $ 31, 2 0 0. 0 0 ) plus interest. Bonower has promised to pay this debt in regulaz Periodic <br />Payments and to pay the debt in full not later than S e pt embe r 1, 20 26 . <br />(I� "Pro�rty" means the property that is described below under the heading "Transfer of Rights in the <br />Property.° <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges and late chazges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(I� "Riders" means all Riders to ttus Security Instrument that aze executed by Borrower. The following <br />Riders are to be executed by Bonowez [check box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider � Second Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] <br />(n "Applicable Law" means all conuolling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as a11 applicable final, <br />non-appealable judicial opuuons. <br />(� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and otber <br />chazges that aze imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similaz paper instrument, which is initiatal through an electronic temunal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated 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 />(Nn "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance procesds paid under the coverages described in Seetion 5) for: (i) <br />damage 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 condemnation; or (iv) misrepresentarions of, or omissions as to, the <br />value and/or condition 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/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) �os� �) Paae 2 of �s Initials: .�_ Form 3028 1/01 <br />� <br />`/ � <br />� <br />