201007822 - Laserfiche WebLink

Browse

�o�oo�s�� (C)"Lender"is EQUITABLE BANK Lender is a Sdvi ngs Bank organized and �xisting under the laws of T H E STAT E 0 F N E B RA S KA I,ender'saddressis 113-115 N LOCUST ST Pp BOX 160 GRAND ISLAND NE 68$02-0160 Lender is th� beneficiary under this Security Instrument. (D)'Trustee"is EQUITABL.E BANK (E) 'T1ote" means fhe promissory note signed by Borrower and dated 0 C t o b e I' 2 2, 2 O 10 . The Note states that Bprrower owes Lender 7H I RTY FIVf THOUSAND AND 00/100 Dollars (U. S. $ 35 , 000 . �0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than N o v e m b e r 1, 2 0 2 0 . (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Laan" means the debt evideanced by the Note, plus interest, 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 $orrower. The following Riders are to be executed by Borrower [check box as applicable): � Adjustable Rate Rider � Condominiuzn Rider � Second Home Rider 0 Balloon Rider 0 Planned Unit Development Rider 0 1-4 Farnily Rider 0 VA Rider � Biweekly Payment Rider ❑ Other(s) [specify] (I) "Applicable Law" means all cantrolling applicable federal, state and local statut�s, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (.� "Community Association Dues, �'ees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominiurn association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similaa paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or ma�netic tape so as to order, instruct, ar authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-af-sale transfers, autamated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) '�serow Items" means those items that are described in Section 3. (M) 'ZVIiscellaneaus Proceeds" means any compensation, settlement, award of 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) condernnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations af, or omissions as ta, the value andJor condition o£ the Property. (N) 'ZVIortgage Insurance" rneans insurance protecting Lander against the nonpayrnent of, or default on, the Loan. 230944 NEBRASKA - Single Family - Fannie MaelFreddle Mac UNIFORM IN57RUMENT �^B�NE) (0811) Page 2 of 15 InitialS: S� Form 3028 1/01 �