201201757 - Laserfiche WebLink

Browse

201201757 (C) "Lender" is EQUITABLE BANK Lenderisa Savings Bank organized and e�sting imder the laws of T H E S TAT E 0 F N E B RAS KA Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAN� ISLAND NE 68802-D160 Lender is the bene$ciary under this Seaurity Instnuvent. (D) "Trustee" is EQUITABLE BANK (E) "Note" meansthepromissorynotesignedbyBorroweranddatedMdPCh 02, 2012 . TheNote statesthatBorrowerowesLender THIRTY THOUSAND FIVE HUNDRED AND 00/100 Dollars (U.S. $3 0,5 DO_00 )plus interest Banower has pro�nised to pay this debt in regular Periodic PaymenES and to pay the debt in fidl not later than Ap r i 1 1 , 202 2 (F) "Property" means the properry that is descriUed below under the heading"Transfer of Rights in the Property.,' (G) "Loan" means tlie debt evidenced by the Note, plus:nterest, any.prepaymenti charges and]ate charges due under the Note, and all sums due under this Security InstsumenE, �his inteiest. (H) "Riders" means all Riders to this Seeurity Inslrument fliat aze�ecufed by Boirower. The following Riders are to be cxecuted by Borrowcr[check box as applicable]: �AdjustaUle Rate Rider � Condominium Rider 0 Second Home Rider �Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider �VA Rider � Biweekly Payment Rider � Other(s) [spccify] (Ij "Applieable Law" means all controlluig appiicable federal, state and Ioca1 statutes, zegulations, oxdinances aud adminlstrative rules and orders(that l�ave the effect of law) as well as al1 applicable final, nou-appealable .judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments aud other charges that are unposed on Bon-ower or the Property by a condominium association, hoineoivuers association or sunilaz organization. (F� "Electronic Funds Transfer" means any transfer of funds, oCher than a transaction originated by check, draft, or similar paper instnanent, which is initiated through an electroiuc ketmisiaL telephonic instrumenY, computes, or magneric tape sa as to order, insffuct, or authoriae a financial institution to debit or credit au account Such term includes, bnt is not]imited to, point-of sale trausfers, automated teller machme transactions, tsansfers initiatAd by telephone, �vire transfers, and automated cleaetnghouse ffansfers. (L) "Escrow Items" meaiLS those items that are described.in Sec;tion 3. (M) "M iscellaneous Proceeds" means any coinpensation, se[deincnt, av✓ard of damages, or proceeds paid by any third party(other rhan insurance procecds paid under[he coverages described in Section 5) for: (i) dunage to, or destruction of, the PropeYty; (ii) a�ndemnation or other talang of all or any part of the Proyerty; (iiI) conveyance in lieu o£condemnapon; or(iv)misrepxesentatians of, or omissions as to, the value and/or condition of the Prope 240G0513 NEBRASKASingleFamily-Fan.nieMae/Fredtlie Mac ONIFORM11 INSTRUb;ENT Form 3028 t101 VbIF� VJOlters Kluw er Fioancial Services Vbi P6(NE)(1105) Page 2 of��