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201207883
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Last modified
10/10/2012 10:19:13 AM
Creation date
9/24/2012 8:19:40 AM
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DEEDS
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201207883
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�0�2o��s� <br />(C) "Lender" is EQUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and eacisting under the laws of TH E STAT E 0 F N E B RAS KA <br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is EQUITABLE BANK <br />(� "Note" means the promissory note signed by Borrower and dated September 21, 2012 . The Note <br />states that Bonower owes Lender ON E H U N D RE D T E N TH OU SAN D AN D 00 / 100 <br />Dollazs (U. S. $110 , 0 0 0. 0 0 ) plus interest. Bonower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than 0 c t o b e r 1. 2 0 4 2 . <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges and late charges due <br />under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders <br />are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider ❑ Condominium Rider 0 Second Home Rider <br />� Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable <br />judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Bonower or the Property by a condominium association, homeowners <br />association or similaz organization. <br />(F� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic ternunal, 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 />(L) "Escrow Items" means those items that are described in Section 3. <br />(M )"M iscellaneous 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; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Propertv. <br />24002261 <br />NEBRASKA-Single Femily-Fannie M ae/Freddie M ec UNIFORM INSTRUM ENT Form 3028 1/01 <br />VMP p VMP6(N� (1105) <br />Wolters Kluwer Flnancial Services Page 2 of 17` <br />
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