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201207612 (C) "Lender" is EQUITABLE BANK Lenderisa Savings Bank organizcd and existing undet the laws of TH E STATE 0 F N EB RAS KA . Lender'sad$ressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 Lender is t]ie Ueneficiary under this Security InstnuncnT. (D) "Trustee" is EQUTTABLE BANK (E) "Note" means the promi�sory note si�ed by Borrower and dated September 07, 2012 . The Note statesthztBorrowerowesLender ONE HUNDRED TWENTY THOUSAND AND 00/1D0 Dollazs (CT.S. $120,000.00 )plus interest. Borrower has promised to pay this debt in regular Periodic Paymznts and to pay the debt m full not later than 0ctober 1, 2027 . (F) "Property" incans tUe property that is described below�under the heading"Transfer of Rights in the Properry." (G) "Loan" means the debt evidenced by fhe Note, plu6 interest, any prepayinent charges and late chacges due under the Note, and all sums due undcr this Secnrity Instrument, plus inCerest. (H) "Riders" means all Riders to tlus Security Instrum�t that aze executed by Borrower. The following Riders aze to be eYecuted by Botrower[check box as applicable]: �Adjustable Rate Rider 0 Condomuuum Rider 0 Second Home hi.der �Balloon Rider 0 Planned Unit llcvclopment Rider 0 1�Family Rider 0 Vtl I2tder L�J Biweekly Payment Rider 0 Other(s) [spec:fy] (1} "Applieable Law" means all controlling applicable£ederal, state and local staTutes, xegulafions, ord3nances and administrative rules and oxdexs(that l�ave the effect of law) as well as a11 apglicable finzl, nou-appealable judicial opinions. (J) "Community Association Dues, Fees, anrl Assessments" means all dues, fees, assessments and other charges that aze unposed on Borrower ar the Froperry by a condominium association, homeowners association or sunilaz or�nization. (F� "Electronic Funds Transfer" mcans any transfer of funds, other than a transaction originated by check, dsaft, or similar paper instrument, which is initiated through an electronic tcrminal; telephonic insvutnent, computer, or ma�eLic tape so as to oruer, instruct, or authorize a fwzncial institution to debii or credit an account. Such tetm includes, but is not lunited to, point-df-sale trausfers, automated teller m2chine uansacfions, transfers initiated by telephone, w�e transfexs, and automated clearinghomse transfers. (L) "ESCrow Items'° means those items ihat are ciescriUed�n Section 3. (M) "M iscellaneous Proceeds" means any compensation, settlemcnt, awazd of damages, or proceeds paid by any third pazty(other than insurance proceeds paid under thc coverages described in Section 5) for. (i) damage to, or deshuction of, the Properry; (ii)condemnarion or other taking of all or any part of the Property; (iii} conveyance in lieu of cpnd�nmation; or(Iv)misrepresentations of or omissions as to, the value and/or condition of the Property. saaorzi N�RASKASingle Family-Fannie tdaelFretldie Mac UNIFORM INSTRUA4 e"NT Porm 3028 t101 VM P G� VM P6(NE)(1105] W oltars Kluwer Financial Services .Page 2 oi t]