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201000470 <br />(C) "Lender" is EQUITABLE SANK <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 />Lender is the beneficiary under this Security lnstrument. <br />(D) '"Trustee" is EQUITABLE BANK <br />(E) "Note" means the promissory note signed by Borrower and dated ~7anuary 15, 2010 <br />The Note states that Borrower owes Lender ONE HUNDRED THIRTY SEVEN THOUSAND AND <br />p 0 / 100 Dollars <br />(U.S. $ 137 , 000.00 )plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than Februaxy 1, 2025 <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 />(13) "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 />Adjustable Rate Rider 0 Condominium Rider ~ Second .Home Rider <br />Balloon Rider ~ Flanned Unit Development Rider ~ 1-4 Family Rider <br />VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] <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 />(.T) "Community Associatiou 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 ta, 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 S) 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) '~Vlortgage Insurance" means insurance protecting Lender against the nonpayment of or default on, <br />the Loan. <br />230684 <br />NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFORM INSTRUMENT ~~« <br />-6(NE) poet t> Page t of 15 Initials: `.~ /~ ~ Form 3028 1/D7 <br />® ~ <br />~. <br />