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201208227 (C) "Lender" is EQUTTABLE BANK Lenderisa SaVings Bank organized and existing under the laws of THE STATE OF NEBRASKA . I,ender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAN� NE 68802-0160 Lender ls the benefieiary under�his Security Instrument. {D) "Trustee" is EQUITABLE BANK (E) "Note" metms the pruuussory note signed by Borrower aud dated September 24, 2012 . The Noto statesthatBorrowerowesLender ONE HUNDRED THIRTY TWO THOUSAND AN� 00/100 Dollars(U.S. $13 2 ,000.00 ) plus interest. Borxowex has promised to paq this debt in regular Psriodic Payments and Yo pay the debt in full not later than N oVembe r 1, 2027 . (F) "PropeYty"' means the property that is described below under the heacling "Transfer of Riglrts in Uie Property." (G) "Loan" means the debY evideneed by the Note, plus interest, any prepayment charges aud late charges duc under ttie Note, and all sums due undex fhis Security Instrument, pl us uitcresC. (H) "Riders" me�ns all Riders to this Security Instrument that are executed by Borrower. 'Plie following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider 0 Second Noine Ridor � Balloon Ridex � Ptamied UivT Dcvclop�nenS Rider � 1-4 Pamily Rider ❑ VA Rider ❑ Biweeldy Payment Rider �Other(s) [specify] (I) "Applicable Law" means a11 contralling upplicable fedaral, state uid local statutes, regulacions, ordinances and administrative ndes a��d orders(that have the effect of law)as well as all applieable final, non-appealable judioial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, f'aes, assess�nents and other ch2rges that are imposed on Borrower or the Property by a wndominium association, homeowners association or similar organization. (K� "Electronic Funds Transfer" meane ung transfer of funds, other tfian a trausaction originated by oheok, draft, or similar paper instrument, which is initiaYcd tl�rough an electronic terminal, telephonic instrument, coinputer, or magnetio tape so as to order, instruet, oe authorize 1 financial instiYution to debit or credit a�i acooLmt. Sueh term inoludes, but is not limited to, point-of-at�le transfers, automated teller machixie fransactions, trnnsfers initiated by telephoue, wire transfers, aud automated cleaainghowse transfers. (L) "Escrow Items" means those items that nre dascriUed in Section 3. (M) "M Iscellaneous Proceeds" menns nny aompensation, settlement, awa�•d of damages, or proceeds paid by any third party (nther than insurance proceeds plid under the coverages desoriUed in Saction 5) for: (i) daniage to, or destruction of, Yhe Property; (ii) eondemnation or other taking of all or a�ry part of the Pro�erty; (iii) wuveyauee in lieu of¢ondemnation; or (iv) misrepresentations o£, or omi�sions as to, the v11ue and/or condition of the Property. � za�oozsze NEBR45KA-Single Femlly-Fennleldae/Freddle Mec UNIfDRM INSTRUMENT Form 3a26 1107 VMP� VMP6(NL)(71051 Walcers KluwerFinencial Servlcos Pape 2 of 17