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zo~oos96~ <br />(C) "Lender"is EQUITABLE BANK <br />Lender is a Savings Bank <br />organized and existing under the laws of THE STATE 0 F 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 Instrument. <br />(D) "Trustee"is EQUITABLE BANK <br />(E) "Note" means the promissory note signed by Borrower and dated S e p t E? m b e r 2 0 , 2 010 <br />The Note states that Borrower owes Lender NINETY TWO THOUSAND FIVE HUNDRED AND <br />00 /1.00 Dollars <br />(U. S. $ 92 , 500.00 )plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than 0 C t o b e r 1, 2 0 2 2 <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) '7~oan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and al] sums due under this Security Instrument, plus interest. <br />(H) 'Riders" means al] 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 [~ Condominium Rider ~ Second Home Rider <br />^ Balloon Rider ~ Planned Unit Development Rider 0 1-4 Family Rider <br />0 VA Rider 0 Biweekly Payment Rider ~ 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 />(Jj "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 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) '7Vlortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />230887 <br />NEBRA5KA -Single Family - Fannie M ae/Freddie M ac UNIFORM IN5TRUM ENT <br />-6(NE) loaii~ Paget of 15 initials: ~~ Form 3028 1101 <br />® s~P~ <br />