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i;;t,:, (C) "Lender"isHome Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organi�ed 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 Security Instrument. (D) "Trustee" is Arend R Baack, Attorney ( E) " Note" means the promissory note signed by Borrower and dated S e p t e m b e r 12 . 2 011 . The Note states that Bonower owes Lender N I N ETY S I X THO U SAN D AN D 0 0/ 10 0 Dollars (U. S. $ 9 6. 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regulaz Periodic Payments and to pay the debt in full not later than 0 cto be r 1, 2 0 2 6 . (F) "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 charges and late charges due under the Note, and atI sums due uuder ttus Security Instrument, plus interest. (H? "Riders" ineaas alI Ric�ers to this Securit,r Tnstrument that are ex�uted by Borrower. The following Riders are to be execute� by Borrovver �cfi�& �x as agplicable]: Q Ac�justable R�te Rider Q C¢��n�omiuium Rider � Second Home Rider Q Baticm� Rides Q I'Iaffied. �Jnit Deveiopment Rider � I-4 Family Ricler Q VA R'xd�s 0 IiiweeS�y Pa.yament Rider Q E?tther(s) [s�CifYl (I) "Applicabie Law" means atl controlling agplicable federal, state and Iocal statutes, regulations, ordinances and administrative rules and orders (ttiat fiave the effect of law) as well as atl applicable finai, non-appealable judicial opiYUOns. (JM "Comrrrunity Association Dues, F�s, and Assessments" means atI dues, f�s, assessments and other charges that are imposed on Borrower or the Properly by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaz paper instrument, which is initiated throug$ an el�tronic terminal, telephonic instrument, computer, or magneric 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. (L) "Escrow Items" means those items ttiat are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by 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 condition of the Properly. NEBRASKA-Single Family-Fannie Mae/Freddfa Mac UNIFORM INSTRUMENT Form 3028 7/01 VMP p VMP6(NE) (1105) Wolters Kluwer Financfal Servfces Page 2 of 17