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201300404
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Last modified
12/31/2013 11:11:53 AM
Creation date
1/16/2013 11:04:16 AM
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DEEDS
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201300404
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201300404 <br /> (C) "Lender" is EQUITABLE BANK <br /> Lender is a Savings Bank <br /> organized and existing ulder the laws of THE STATE OF NEBRASKA • <br /> Lender's address is 113 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 /> (E) "Note" means the promissory note signed by Borrower and dated January 11, 2013 . The Note <br /> states that Borrower owes Lender ONE HUNDRED FIFTEEN THOUSAND AND 00/100 <br /> Dollars (U.S. 5115 ,000.00 )plus interest. Borrower has promised to pay this debt in regular <br /> Periodic Payments and to pay the debt in full not later than February 1 , 2028 . <br /> (F) "Property" means the property that is described below under the heading"Transfer of Rights in the <br /> Property." <br /> (C) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges 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 n Second Home Rider <br /> Balloon Rider Planned Unit Development Rider 1-4 Family Rider <br /> VA Rider Li Biweekly Payment Rider L. Other(sl [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 Borrower or the Property by a condominium association, homeowners <br /> association or similar organization. <br /> (K) "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 terminal, 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) "Miscellaneous 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 Property. <br /> 24003417 <br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 50261101 <br /> VMP t VMP6(NE)(1105) <br /> Wolters Kluwer Financial Se-vices Page 2 of 17 <br />
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