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201205884
<br />(C) "Lender" is EQUITABLE BANK
<br />Lendurisa Savings Bank
<br />organized and existing under the laws of THE STATE OF NEBRASKA
<br />Lundur's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160
<br />Lender is the beneficiary tinder (his Security Instrument,
<br />(D) "Trustee" is EQUITABLE BANK
<br />(E) "Note" means the promissory note signed by Borrower and dated J u I y 13 , 2 0 12 The Note
<br />states that Borrower owes Lender EIGHTY FIVE THOUSAND AND 00/100
<br />Dollais (IJ.S. $85 , 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 August 1 , 2022
<br />(F) "Property" means the property that is described below tinder 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" mearts all Riders to this Security Instrument that are executed by Borrower. The following Riders
<br />are to be executed by Borrower [Qlieck box as applicable]:
<br />Adjustable Rate Rider LJ Condominium Rider L—J Second Iloine Rider
<br />Balloon Rider D Planned Unit Development Rider EJ 1-4 Family Rider
<br />I IVA Rider D Biweekly Payintmi, Rider F70ther(s) [specify]
<br />(1) "Applicable Law" rucans all controlling applicable federal, state and local Statutes, rCgUlatiOnS, ordinances
<br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appeulablo
<br />J I udicial 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 />(10 "Electronic Funds Transfer" means any transfer of funds, other than a tran&iction originated by check,
<br />draft, or similar paper instrument, which is initiated through ,in 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 />(I-) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous 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; (H) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or ornissions as to, the
<br />value and/or condition of the Property.
<br />2400103
<br />NEHRASKA-Sirgl� F�,r,ily-F�,mi� M,�&rWdfle Wo UNIFORM INSTnumENT Form 3028 1J01
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