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�010076�3 (C)'Z.ender"is EQl1ITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of TW E STAT E 0 F N E B RAS KA Lender'saddressis 113 N LOCUST ST PO BOX 160 GRANQ TSLAND NE 68802 Lender is the beneficiary under this Security Instrument. (D) "Trustee"is EQUITABLE BANK (E) "Note" means the promissory note signed by Borrower and dated 0 C t o b e r 13 , 2 010 . The Note states that Borrower owes Lender SI XTY ONE THOUSAND TWp HUNDRED AND 0o i 10o nair�s (U.S. $ 61 , 200 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than N o v e m b e r 1, 2 0 4 0 . (F) "Praperty" means the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" means the debt evidenced by the Note, p1u5 interest, any prepayment charges and late charges due under the Note, and all sums due under thiti Security Instrument, plus intere5t. (H) 'Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: ❑ Adjustable lZate Rider 0 Condominium Rider � Second Home Rider � Balloon Rider 0 Planned Unit Development Rider � 1-�1 Family Rider 0 VA Rider ❑ Biweekly Payment Rider 0 Other(s) [speciFy] (I) "Applieable Law" means a11 controlling applicable federal, state and ]ocal statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as a11 applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a candominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by nheck, 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 financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" rneans any compensation, aettlernent, award of damages, ar proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, ar destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) rnisrepresentations of, or omissions as to, the value and/or condition of the Propert.y. (N) "Mortgage Insurance" rneans insurance protecting Lender against the nonpayment of, ar default on, the Loan. F[�II��II�I�I�I��:] NEBRASKA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUMEN7 ;� �-6(NE) �oeii� Page2 or is Initials: 0,� Form 3028 1101 �