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201207092 (C) "L.ender" is EQUITABLE BANK Lenderisa Sdving5 Bank organized and existing under the laws of T H E S TAT E 0 F N E B RA S KA , Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAN� NE 68802-0160 Lender is the beneficiazy imder this Security Instrument_ (D) "Trustee" is EQUITABLE BANK (E) "Nofe" means the uromissory note signed Uy Sorrower and dated August 21> 2012 . The Note statesthatBorrowerowesLcnder ONE HUNDRt� THOUSAND AND 00/100 DoIlazs{U.S. $100,000.00 )p]us intaest. Borro�a has prpmised to pay ihis debt in regulaz Periodic Payments and to pay the debt in full not later than Septem6er 1, 2027 . (F) "Property" means the property that is described below under the headinn= "Transfer of Rights in the Pxoperty." (G) "Loan" means thz debt e�zdenced by the Note, plus interest, any prepayuient charges and late charges due undei�lie Note, an.cl a11 sucus due under tlus Security Instr�euf, plas interest, (H) "Riders" means all Riders to this SecLuity Inshutnent that are executed by Rorrower. The followuig Riders aze to be execu2ed by Borrower [check box as applicable]: �Adjustable Rate Rider � Condomuuum Itider � Second FIome I2ider �Balloon Rider �Planned Unit Development Rider � 1-4 Fatnily Rider �VA Rider 0 Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable Federal, skate and local sYatutes, reguJations, ordinances and admiLustrative rules az�d orders(that have the effecf of law) as�well as all appllcable fival, non-appealable judicial opinioas. (J) "Community Associat9on Dues, Pees, and Assessments" �neans all dues, fees; assessments and other chazges that are u�oscd on Borrower or the Property by a condoxninium association, homeowners association or similar organization. (F� "Electronic Funds Transfer" means any transfer of&mds; other than a transaction originated by check, drafC, or sunilar paper instrvment, which is initiated tluough an electronic terminal, telephonic instrument, comguter, or magnetic tape so as to order, instruct, or autharize a financial institufion to debit or credit an account Such teim includcs, but is not limited to, point�-of-sale transfers, autoisiated teller mac}nne transactions, transfers initiated by telephone, vnre transfers, and automated clearinghouse transfers. �L) "Escrow Items" u�eans those items lhat arc described in Section 3. (M) "M iscellaneous Proceeds" means any compensation, settlement, award of damanes, or proceeds paid Uy any third parYy(otkec Than insuruice pzoceeds paid under the coveiages desc.ribed in Section 5) foi: (i) damage to, or destruction of, the Pioperty; (ii) condemnation or Other taking of ai1 or any paYt of the Prpperty; (iii) cnnveyance in lieu of condetnnatiou; or (iv)misrepresentaAons o� or omissions a�tq the value and/or eondition of the I�opeaty. 24001932 N�RASKA-Single Famity-Fdqnie;Na'uFredtlie Ni ac UNIFORAd I�STRUM ENT Form 3028 VOt VM P� VW P6(NE)(1105) 1Volte�s Kluwer Financial Services Page2 of 1]