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201109598
<br /> (C) "Lender" is EQUITABLE BANK
<br /> Lender is a Savi ngs Bank
<br /> organized and existing under the laws of THE STATE OF NEBRASKA .
<br /> Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160
<br /> Lender is t1�e beneficiary under this Security Instrument,
<br /> (D) "Trustee" is EQUITABLE BANK
<br /> (E) "Note" means the promissory note signed by Borrower and dated Decembe r 16, 2011 , The Note
<br /> states that Borrower owes Lender ONE HUNpRED FORTY FIVE THOUSAND AND 00/100
<br /> Dollars (U,S, $14 5 ,0 0 0 .0 0 ) plus interest. Borrower has promised to pay this debt in regular
<br /> Periodic Payments and to pay the debt in full not later than J a n u a r y 1, 2 0 4 2 .
<br /> (F) "Property" 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 charges and late charges due
<br /> under the Note, and all sums due under this Security Instrument, plus interest,
<br /> 1H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders
<br /> are to be executed by Borrower [check box as applicable];
<br /> � Adjustable Rate Rider 0 Condominium Rider � Second Home Rider
<br /> 0 Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider
<br /> � VA Rider �Biweekly Payment Rider 0 Other(s) [specify]
<br /> (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances
<br /> and adrninistrative rules and orders(that have the effect of law) as well as all applicable final, non-appealable
<br /> judicial opinions.
<br /> (J) "Community Association Dues, Fees, and Assessments" rneans all dues, fees, assessments and other
<br /> charges that are imposed on Borrower ar the Property by a condominium association, homeowners
<br /> association or similar organization,
<br /> (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by cheek,
<br /> draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br /> computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an
<br /> account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine
<br /> transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers,
<br /> (L) "Escrow I'tems° means those items that are described in Section 3,
<br /> (M) "Miscelianeous Praceeds" means any compensatioii, settlemeilt, award of damages, or proceeds paid by
<br /> any third party (other than insurance proceeds paid under the coverages described in Section 5) for; (i)
<br /> damage to, or destruction of, tlie Property; (ii) condemnation or other taking of all oi�aily part of the
<br /> Property; (iii) conveyance in lieu of condemnation; or(iv) misrepreseiltations of, or omissions as to, the
<br /> value and/or condition of the Property.
<br /> 231237
<br /> NEBRASKA-Single Family-Fannie Mea/Freddie Mao UNIFORM INSTRUMENT Form 3028 1/01
<br /> VMP OO ' VMP6WE)(1105) _-
<br /> Wolters Kluwer Finanolal Services Paae 2 of 1]
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