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<br />2009011.05
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<br />(C) "Lender" is EQUITABLE BANK
<br />
<br />Lender is a Savings Bank
<br />organized and existing under the laws of THE STATE OF NEBRASKA
<br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160
<br />
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) ''Trustee'' is EQUITABLE BANK
<br />
<br />o Adjustable Rate Rider
<br />o Balloon Rider
<br />o VA Rider
<br />
<br />o Condominium Rider 0 Second Home Rider
<br />o Planned Unit Development Rider 0 1-4 Family Rider
<br />o Biweekly Payment Rider 0 Other(s) [specifY]
<br />
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non-appealable 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
<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 />(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
<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 ot: 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. 1
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<br />liJI\ - / 230427
<br />~ Form 3028 1/01
<br />
<br />Initials:
<br />
<br />~.6 (NEh~407),02
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