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201206710 (C) "Lender" is EQUITABLE BANK Lenderisa Savinqs Bank organized and e�sting under the laws of TN E STATE 0 F N EB RASKA Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802 0160 Lender is flie beneficiazy Lu�der This Securiry Instrument. (D) "Trustee" is EQUITABLE BANK (E) "No4e" means die promissory note signed by Borrower and dated Aug us t 09, 2012 The Note statcsthatBorrowcrowcsLender FIFTY FOUR THOUSAND AND 00/100 Do11azs(LT.S. $54.000.00 )plus interesL Boaower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than September 1 , 2027 . (F) "Property" means the property that is described below under the heading"Transfer of Rights in the Property." (G) "Loan" means the de6t evidcnced Uy die Note, plus interest, any prepayment charges and late charges due under the Note, and atl sums due under this Security Instnunent, plus interest. (H) "Riders'° ineans atl Riders to this Security Inshzunent that are executed by Borrower. The following Ricl.ers are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider � Second Hoine Rider � Balloon Rider �Planned Unit Development Rider � 1-4 Pamily Rider 0 VA Rider � Biweekly Payment Ridzr � Othex(s) [specify] (I) "Applicable Law" means all conuolling applicable federal, state and 1ocal s[atutes, regulations, ordinances and admuiisfrative n�les and orders(that have the effect of law) as well as alI applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that aze imposed on Borrower or the Properry by a condominium associatlon, homeowers association or siinilar organiza[ion. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction orignated by check, drait, or similaz paper inshument, wltich is initiated ti�ongh ai1 electronic tetmtn2l, telephonic inshwneirt, coinputer, or magnetic tape so as to order, instruct, �r authoriu a financial.imstihrtion to debit or credit an acoount. Such term in�ludes, but is nof limited to, poiat-of-sale hansf�xs, automated teller macliuie transactions, transfers znitiated by telephone, wire ffansfers, and automated clearinghouse transfers. (L) "E5Crow Items" means thosc iteins ti�at are dcscribcd in Section 3. (M) "M iscellaneous Proceeds" means any compensation, setclement, award of damages, or�rroceeds paid by any third pazty(other ih�w insuranee proceeds paid under the covaages described in Section 5) for. (i) damage to, or destruction of, the Property; (u) condemnation or other taking of all or any part of the Properry; (iii) conveyance in lieu of condemnation; or(iv)misrepresernations of, or omissions as tq the value and./or condition of the Property. 24001]6] NEBR4SKASingle Family-Fannie bi ae/FretlOis M ac UKIFORM INSTRUM ENT Form 3028 tl01 VN P OO VM P6(NE)(1.'105) YVolters Kluw er Rnancial Services Payx 2 oi 1]