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�oioo��o� <br />(C)'Z,ender"is EQUTTABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws af TH E STAT E 0 F N E B RAS KA <br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND N� 688�2-01fiD <br />Lender is the beneficiary under this Security Instxument. <br />(D)'"Trustee"is �QUITABLE BANK <br />(E) 'Tiote" means the promissory note signed by Borrower and dated 0 C t o b e r 14 , 2 010 . <br />The Note states that Borrower owes Lender S I X T Y N I N� T H 0 U S A N D A N Q 0 0/ 10 D <br />Dollars <br />(U. S. $ 69 , 000 . DD ) plus interest. Borrower ha,� pramised to pay this debt in regular Periodic <br />Paynnents and to pay the debt in full not later than N o v e m b e r 1, 2 0 2 5 . <br />(F) "Property" rneans the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Laan" n�eans the debt evidenced by the Note, plus interest, any pr�payment charges and late charges <br />due under the Note, and all 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 Borrawer [check box as applicable]: <br />� Adjustable Rate Rider 0 Condominzum Rider [] Second Home Rider <br />0 Balloon Rider ❑ Planned Unit Development Rider � 1-4 Family Rider <br />0 VA Rider ❑ Biweekly Fayment Rider � Other(s) [specify] <br />(1) "Applicable Law" means all controlling applicable federal, state aand 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, hpmeawners <br />a.ssociation 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 />instruxz►ent, com.puter, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such terrn includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephpne, wire transfers, and automated clearinghous� <br />transfers. <br />(L) "Escrow Items" means those items tk�at are described in Section 3. <br />(M) 'ZVIiscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance prqceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of the Property; (ii) cpndernnation or other taking of al] or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissipns as to, the <br />value and/or condition of the Property. <br />(N) 'ZVIortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />230925 <br />NEBRASKA - Single Family - Fannie Mae/Freddis Mac UNIFORM INSTRUMENT <br />�-6�NE) �oe��� Page2 of 15 Initials �� Form 3028 1I01 <br />� <br />