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201007826
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Last modified
10/22/2010 4:03:29 PM
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10/22/2010 4:03:29 PM
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DEEDS
Inst Number
201007826
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20100r82G <br />(C) "Lender"is EQUITABLE BANK <br />Lender is a Savi ngs B�nk <br />arganized and existing underthe laws of THE 5TA7E OF NEBRA5KA <br />Lender's address is 113-�15 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 <br />Lender is the bene�ciary under this Security Instrument. <br />(D)'"Trustee"is EQUITABLE BANK <br />(E) "Nate" means the proxnissory note signed by Borrower and dated 0 C t o b e r 18 , 2 010 . <br />The Note states Chat Borrower owes Lender 0 N E H U N D R E D T H I RT Y T H 0 U S A N D A N D 0 0/ 1 p 0 <br />Dollars <br />(U. S. $ 130 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than N o v e m b e r 1, 2 0 4 0 . <br />(F) "Praperty" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Nate, and all sums due under this Security Instrument, plus interest. <br />(H) 'Riders" means all Riders to this Security Instnimant that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicableJ: <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider <br />0 VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />prdinances and administrative rules and orders (that have the effect af law) as well as all applicable final, <br />nan-appealable judicial opinions. <br />(.n "Commanity Association Dues, Fees, and Assessments" means all dues, fees, assessrnents and other <br />char�es that are imposed on Bonawer or the Property by a condominium association, homeowners <br />association or svnilar organization. <br />(K) "Electronic Funds Transfer" means any transfer o£ funds, other than a transaction originated by <br />check, draft, or sirnilar paper instnuxient, which is initiated through an electronic terminal, telephonic <br />instrurnent, computer, or magnetic tape so as to order, instruct, ar authorize a financial institutian to debit <br />ar credit an account. Such terxn includes, but is not limited to, point-of-sal� transfers, autamated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and auto�tnated clearinghouse <br />transfers. <br />(L) "Escrow Items" means thase items that are described in Section 3. <br />(iVn "Miscellaneons Praceeds" means any campensation, settlement, award of darnages, or proceeds paid <br />by any third pariy (other than insurance proceeds paid under the coverages described in Section 5) far: (i) <br />darnage to, ar destruction of, the Property; (ii) condemnation ar other taking of all or any part o� the <br />Proparty; (iii) canveyance in lieu of condernnation; or (iv) misrepresentatipns af, ar omissions as to, the <br />value and/ar condition of the Property. <br />(N) "Mortgage Insurance" rneans insurance protecting Lender against ths nonpayrnent of, or defanit ox�, <br />the Laan. <br />230929 <br />NEBRASKA - Single Family - Fannie Ma�/Fr�ddie Mac UNIFORM INSTRUM�NT <br />�-6�NE)�aeii� Paae2of�5 iniciais�� Form3028 7/01 <br />� <br />��� <br />
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