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~OlUU4469 <br />(C) "Gender" is Great Western Bank <br />Lender is a Commercial Bank <br />organized and existing under the laws of THE STATE OF SOUTH DAKOTA <br />Lender's address is 1235 N STREET LINCOLN NE 68508- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Great Western Bank, <br />(E) "Note" means the promissory note signed by Borrower and dated June 22 , 2010 <br />The Note states that Borrower owes Lcndcr NINETY EIGHT THOUSAND SIX HUNDRED AND <br />00/100 Dollars <br />(U.S. $ 98, 600.00 )plus interest. Harrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than July 1, 2025 <br />(T+) "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 Notc, 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 applicablcJ: <br />Adjustable Rate Rider ~ Condominium Rider Q Second Home Rider <br />[.] Halloon Rider ~ Planned Unit Development Rider 0 1-4 Family Rider <br />0 VA Rider ~ Hiweekly Payment Rider Q Uther(s) ~specifyJ <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 instrumc'r~t, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape sc.~ 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 arc 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 ar ether taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations af, or omissions as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage Tnsurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />-8(NEl (0407). t)2 <br />Page 2 of 15 <br />Initials: ` <br />•) <br />0110303154 <br />Form 3028 1/01 <br />