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201007736
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Last modified
10/20/2010 4:42:03 PM
Creation date
10/20/2010 4:42:02 PM
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DEEDS
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201007736
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2oioo��3� <br />(C)"Lender"is �QUITABLE BANK <br />Lender is a 5 a v 1 n g s B a n k <br />organized and existing under the laws of T H E S TA T E 0 F N E B RA S KA <br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68$02-0160 <br />Lender is the bene�ciary under this Security Instrument. <br />(D) "Trustee"is EQl1ITABLE BANK <br />(E) "Note" xneans the promissory note signed by Borrower and dated 0 C t o b e t^ 15 , 2 010 . <br />The Note states that Barrower owes Lender ONE HUNDREd FOUR THDUSAND AND 00/100 <br />Dollars <br />(U. S. $ 1 Q4 , 0 D 0. 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments aand to pay the debt in fu11 not later than N o v e m b e r 1, 2 0 2 5 . <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) 'Z.oan" means the debt evidenced by tlae Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) 'Riders" means all Riders to this Security Instxurnent that are executed by Eorcower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider [] Condominiuxr� Rider � 5econd Home Rider <br />� Balloon Rider [] Planned Unit Developxz�ent Rider � 1-�} Family Rider <br />0 VA Rider � Biweekly Fayment 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 (thac have the effect of law) as wel] as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and ather <br />charges that are imposed on Borrawer or the Property by a condominium association, hozneowne� <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 fmancial 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) "Escraw Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of datt�ages, ar proceeds paid <br />by any third pariy (other than insurance proceeds paid under the coverages described in Sectipn 5) for: (i) <br />darnage 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 prnissions as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage lnsurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />230927 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUM�NT �> <br />�-6�NE) �oai i> Pege 2 of 15 Initials: L�� C Form 3028 7/01 <br />� <br />
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