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201 U07483 (C) "Lender"is EQUITABLE BANK L,ender is a Sav� ngs Bank organized and existing under the laws of T H E STAT E 0 F N E B RA5 KA Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68$02-0160 Lender is the beneficiary under this Security lnstrument. (D)'"I'rustee"is EQUITABLE BANK (E) "Note" means the promissory note signed by Borrower and dated 0 C t o b e r 0 6, 2 010 . The Note states that Borrower owes Lender F I FTY T H R E E T H 0 U SA N D F I V E H U N � R E D A N D 0 0/ 10 0 Dollars (U.S. $ 53 , 5D0 . 00 ) plus interest. Borrower has promised to pay this debt in regulax Periodic Payments and to pay the debt in full not later than N o v e m b e r 1, 2 0 2 5 . (F) "Property" means the property that is described below under the heading "Transfer of Rights in tl�e Property. " (G) 'Z,oan" means the debt evidenced by the Note, plu5 int�rest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) 'Riders" means all Riders to this Security Instrument that are executed by Barrower. The following Riders are ta be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider ❑ Balloon Rider ❑ Planned Unit Development Rider 0 l-4 Family Rider � VA Rider 0 Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and arders (that have the effect o£ law) as well as all applicable �nal, non-appealable judicial opinions. (.n "Comrnunity Assaciation Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium a�sociation, homeowners association or similar organization. (K) '�lectronic Funds Transfer" means any transfer af funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a#�inancial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiat�d by telephone, wire transfers, and automated clearinghouse transfers. (L) "Eserow Items" means those items that are described in 5ection 3. (M) '7Vliscellaneous Proceeds" means any compensation, settlement, award af damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) candemnation or other talcing of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or conditian of the Property. (N) '7Vlortgage Insurance" means insurance pratecting Lender against the nonpayment of, or default on, the Loan. 10-09-000003 NEBRASKA - Single Familq - Fannie MaelFreddie Mac UNIFQRM INSTRUM�NT �-6(NE)�oa��> Pagezor�s m�t�ais Form3028 7/01 �