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200207183 (C) "London" is EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND Tender is a Savings Bank organized and existing under the laws of THE STATE OF NEBRASKA Lbuder'.caddressis 113 -115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802 -0160 tender is the beneficiary under this Security Instrument. (D) "Trustee "is EARL 0 AHLSCHWEDE, ATTORNEY (E) 'r ate " means the promissory note signed by Borrower and dated duly 5th. 2002 _ The Nate states that borrower owes Tender FIFTY FIVE THOUSAND ONE HUNDRED AND 00 /100 Dollars ([l. $55.100.00 ) plus interest Harrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later town August 1, 2032 (F) "Property" means the property that is described below under the heading "Transfer of Rights In the Property .' (G) ''Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due wider this Security Instrument, plus interest, (H) 'Riders" means all hiders to this Security Instrument that are executed by Borrower The following Riders are to be exec teal by Borrower [cheek box as applicablel: ® Adjustable Rate Rider ❑ Condominium Ride ❑ Second Home Rider Ll Balloon Rider ❑ planned Unit Development Rider ❑ 1-4 Family Rider ❑ VA Rider ❑ Biweekly payment Rider ® Cater(s) [specify] MORTGAGE INSURANCE RIDER (1) "Applicable Law" means all controlling applicable federal, .state mid local minutes, regulations, an ordinces and amiur tratl VC rules and orders (that have the effect of law) as well as all applicable final, rion-appealable judicial opinions. (,f) "Community Association Dues, Fees, and Assessments" maces ell dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, inomcowncrs ciation or aIrahl of lionization. (K) "Electronic Funds Transfer" means any transfer of Goode. other than a transaction originated by check, drag, or acuilar paper instrument, which is initiated through an electronic renewed, telephonic over affect, computer, or nugnetic tope so as to order, instruct, or authorize a financial iretiNtion to debit or credit an account Such term includes, but is not limited to, point -ofeme tmnsfcre, interested teller machine transactions, transfers initiated! by telephone, wire tranefnx, and automated clearinghouse transfers. (L) "Esurow Items" means those items that are described it Section 3. (M) "Miscellaneous Proceeds" means ns any compensation. settlement, award of damages, or proceeds paid by any food party (other than insurance procmcds paid under the coverages described in Section 5) for (i) damage m, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or emissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" worm insurance protecting Tender against the nonpayment of, or default on, the Loan 229152 �ImPisa, El dmueh ra, a 1, � r First 3028 1101