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+.. �Oi�(�"771^ (C) "Lender"is EQUITABLE BANK Lender is a Sdvi ng5 Bank organized and existing under the laws of T H E S T AT E p F N E B RA S KA Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 6$$02-0160 Lender is the beneficiary under this Security Instrument. (D)'"I'rustee"is EQUITABLE BANK (E) "Note" �neans the promissory note signed by Borrower and dated OCtOber 18 , 2010 . The Note states that Borrower owes Lender T W E N T Y T H 0 U S A N D A N Q 0 0/ 10 0 Dollars (U. S. $ 20 , OQO . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than November 1, 2030 . (F) "Property" means the praperty that is described belaw under the heading "Transfer of Rights in the Property. " (G) "Loan" means the debt evidenced by the Nate, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plua interest. (H) 'Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Barrower [check box as applicable]: � Adjustable Rate Rider [] Condorninium Rider � 5econd Hame Rider 0 Balloon Kider 0 Planned Unit Development Rider � 1-4 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 orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and otl�er charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Eleetronic �'unds Transfer" means any transfer of funds, other than a transaction originated by check, draft, ar similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape sa 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) "Miscell�neous Proceeds" means any compensation, settlernent, award of damages, or proceeds paid by any third party (other than in;surance proceeds paid under the coverages described in 5ection 5) for: (i) damage to, or destruction of, the Prnperty; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrcpresentations of, or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayrnent of, or default on, the Loan. 230930 N�BRASKA - Single Family - Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT �-6�NE) (oe�� Page2 of 15 �nitia�s: FOrm 3D28 1/07