201206682 - Laserfiche WebLink

Browse

201206682 (C) "Lender" is EQUITABLE BANK Lenderisa SdVings Bank organized and eusting uuder the laws of THE STATE OF NEBRASKA , Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 Lender is the beneficiary under this Security Instrument (D) "Trustee" is EQUITABLE BANK (E) "Note" means the prouussory note signed by Borrower and da[ed A u g u s t 08, 2 012 . The Note statesthatBorrowerowesLender ONE HUNDRED THIRTY SIX THOUSAND AND 00/100 Dollars (U.S. $13 6.0 00.00 )plus interest. BorrOwer has promised to pay this debt in regu:az Periodic Payments and to pay the debt in full not later than September 1. 2032. (� "Property" means the property that is descriUed Uelow under the heading"Transfer of Rights in the Property.'" (G) "L4an" means the debt evidenced by the Note, ples intexest, any prepayment charges and lafe charges due under the Note, and all siuns due under this Security InsuvmenL, plus intcrest. (H) "Riders" means all Riders to this Security Instrument tliat are executed by Boxrower. The following Riders are to be executed by Borro��er[check box as applicahle]_ �Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider �Balloon Rider 0 Platuied Unit Devclopment Rider � 1-4 Famity Rider �J VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes; regulations, ordinances and aduvnisuativc rules and orders(that haue the effect of law) aa well as all applicable fina1, non-appealable judicial opinions. (J) '°Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other ci�arges thai are imposed on Borro�ver or the Properry by a condoininium.association, homeownas association or siuulu or�nization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transacrion ori�nated by check, draft, or similaz�paper instnzment, which is initiated through an eleetroiuc terrninal, telephonic instrument, co�uter, or magneric tape so as to oxder, 3nstruct, or authoriae a financial institutiQn fo 3ebit or credit an account. Such term includes, but is not limited tq poini-of-sale kansfers, automated teller machine transactions, transfers initiated by Eelephone, wire tr�nsfers, and antomated clearingliouse iransfas. {L) "Escrow Items" means those items that are described in Secfion�. (M) "M iscellaneous Proceeds" means any campensarion, settlement, awazd of damages, or proceeds paid by any third party(other than insurance proceeds paid under the coverages dcscribed in Seclion 5) for: (i) damage to, or destruction of, the Property; (u)condemnation or other taking of all or any part of the Property; (III) conveyance In lieu of candemnation; or (iv) misrepxesentations of, or oinisszons as to, the value and�or condition of the Property. zaaai�=z NeBRSSKA-Single`amlly-FanniaMaelFreatlieNtacUNIFOWv1In5TRUlAENT , Porm3o2811oi VMP r`g VMP6(NE)(1105) N/olters Rluwer Financial Services Page 2 ot i�