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SEP 15 2000 4:01 PM FR PSC
<br />6106174963 TO 913083810122 P.06
<br />200007922
<br />(C) "Lender" is The Equitable Building & Loan Assn, FSB
<br />Lender is a corporation
<br />organized and existing under the laws of the state of Nebraska
<br />Lender's address is 113-115 N. Locust St . , Grand island, NE 68801
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is Dean J. Jungers, Esq. , 101 West Mission Ave. ,
<br />Bellevue, NE 68005
<br />(E) "Note" means the promissory note signed by Borrower and dated September 15, 2000
<br />The Note states that Borrower owes Lender THirty Seven Thousand, Fifty and
<br />00/100 Dollars
<br />(U.S. $ 37,050.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than September 20, 2020 .
<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 charges and late charges
<br />due 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
<br />riders are to be executed by Borrower [check box as applicable]:
<br />0 Adjustable Rate Rider Condominium Rider ❑ Second Home Rider
<br />Balloon Rider Planned Unit Development Rider F7 1-4 Family Rider
<br />VA Rider Biweekly Payment Rider 71 Other(s) (specify)
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of Iaw) as well as all applicable final,
<br />non - appealable judicial opinions.
<br />(,n "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
<br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />W "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
<br />by 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 />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />d -6(NE) cseoai.oa Pae 2 0� 15
<br />Form 3028 3199
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