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201005337 <br />(C) "Lender" is Gr®at Western Bank <br />Lender is a Cgmmercial T3ank <br />c>rganizcd and existing under the laws of THE STATE OF' SOUTH DA~COTA <br />Lender's address is 7,235 N STREET LINCOLN NE 6$50$- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "'i~ustee" is Great Western Bank <br />(F,) "Nate" means the promissory note signed by Barrawcr and dated July 2~, 2plp <br />Tl7e Note states that Borrower owes Lender SIXTY SEVEN THOUSAND AND p0/100 <br />Dollars <br />(U.S. $ 67, ppp. p0 )plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than August 1, 2p25 <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 tiums 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 arc to be executed by Borrower [check box as applicable]: <br />^ Adjustable Kate Rider ^ Condominium Rider ^ Second l~ome Rider <br />^ Balloon Rider ^ Planned Unit Development Rider ^ 1-4 Family Rider <br />^ VA Rider ^ Biweekly Fayment Rider ^ Other(s) [specify] <br />(i) "Applicable L.aw" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances anal administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Cornrnun%ty Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that arc imposed an Borrower or the Froperty 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 instrurnent, which is initiated through an electronic terminal, telephonic <br />instrurnent, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term inoludes, 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 />(I,) "'Escrow Items" means tl~osc 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 />~~ <br />p~~o~nszs~ <br />~ ,~: ~~~ <br />-6(NE) ~oao~~.oz a~n7 ort ~5 Farm 3828 1/01 <br />m <br />