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201200048 <br /> (C) "Lender" is EQUITABLE BANK <br /> Lender is a Sdvi ngs Bdnk <br /> organized and existing under the laws of T H E S TAT E 0 F N E B RA S KA <br /> Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 <br /> Lender is tlie beneficiary under this Security Instiruinent � <br /> (D) "Trustee" is. EQUITABLE BANK , <br /> (E) "N ote" means the promissory note signed by Borrower and dated D e C e m b e r 2 9, 2 011 . The Note <br /> states that Borrower owes Lender 0NE HUNDRED 0NE THOUSAND SIX HUNDRED AND <br /> 00/100 <br /> Dollars(U.S. $101,6 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 Feb rua ry 1, 2032 . <br /> (F) "Property" means the properly 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 a11 suxns due under this Security Instnunent, plus interest. <br /> (H) "Riders" rneans 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 � Gondomiiutun Rider � Second Home Rider <br /> �Balloon Rider �Planned Unit Development Rider � 1-4 Family Rider <br /> �VA Rider �Biweekly Payrnent Rider � Other(s) [specify] <br /> (1) "Applicab9e Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br /> and adxninistrative rules and orders(that ha�e the effect of law)as well as all applicable final, non-appealable <br /> judicial opinions. <br /> (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br /> charges that are imposed on Borrower or the Property by a condominium association, homeowners <br /> association or similar organization. <br /> (K) "Electronic Funds Transfier'° means any transfer of funds, other than a transaction originated by check, <br /> draft, or similar paper inst�Luilent, which is initiated through an electronic terniinai, telephonic instruinent, <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$ems" means those items that are described in Section 3. <br /> (M) °'M iscellaneous Proceeds" means any corripensation, settlement, award of dainages, or proceeds paid by <br /> any third pariy(other than insurance proceeds paid under the coverages described in Section 5} for: (i) <br /> damage to, or destruction of, the ProperLy; (ii)condemnation or other taking of all or any part of the <br /> Property; (iii) conveyance in lieu of condemnation; or(iv)misrepresentations of, or omissions as to, the <br /> _ value and/or condition of the Prope <br /> 2400-0018 <br /> NEBR4SKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUM ENT Form 3028 1/01 <br /> VMP QO VMP&(NE)(1105) <br /> Woiters Kluwer Financial Services Page 2 of 17 <br />