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201200752 <br />(C) "Lender" is EQUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of TH E S TAT E 0 F N E B RAS KA <br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is CENTRAL NATIONAL BANK <br />(� "Note" means the promissory note signed by Bonower and dated J a n u81^y 30 . 2012 . The Note <br />statesthatBorrowerowesLender ONE HUNDRED THIRTY THREE THOUSAND AND 00/100 <br />Dollazs (LT. S. $133 . 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than Febt'ua ry 1. 2042 . <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 />(H) "Riders" means a11 Riders to this Security Instrument that are executed by Borrower. The following Riders <br />are to be executed by Bonower [check box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means a11 controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative 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" means a11 dues, fees, assessments and other <br />charges that aze imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(FQ "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <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 Items" means those items that aze described in Section 3. <br />(M )"M iscellaneous Proceeds" means any compensation, settlement, 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, the Property; (ii) condemnarion 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 Property. <br />0451200152 <br />NEBRASKA-Single Family-Fannie M aelFreddie M ac UNIFORM INSTRUM ENT Form 3028 1/01 <br />VMP p VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 2 of 17 <br />