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�oioo�s2f <br />(C) "Lender"is EQUITABLE BANK <br />Lender is a S a v i rt g s B a n k <br />organized and existing under the laws of TH E STAT E 0 F N E 6 RA5 KA <br />Lendex's address is 113-115 N LQCUST ST PO BOX 160 GRAND ISLAND NE 68$02-016D <br />Lender is the bene£iciary under this Security Instrument. <br />(D) "T'rustee"is EQUITABLE BANK <br />(E) "Nate" means tt�e promissory note signed by Borrower and dated 0 C t o b e r 2 2, 2 010 . <br />The Note states that Borrower owes Lender S I X TY T H 0 U S A N D A N D 0 0/ 10 0 <br />Dollars <br />(U.S. $ 60 , 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 2 5 . <br />(F) "Propertyr" means the property that is described belaw 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 Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" rneans all Riders to this Security Jnstrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider <br />0 Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider ❑ Biwee�Cly Payment Rider ❑ Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and 1aca1 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 Associatian 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, homeowners <br />association or similar orgax�ization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or sinnilar paper instrument, which is initiated through an electronic terminal, telephpnic <br />instrument, computex, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such terxn 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) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlernent, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part af the <br />Property; (iii) convayance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition af the Property. <br />(N) "Mortgage Insurance" rneans insurance protecting Lendear against the nonpayment of, or default on, <br />the Loan. <br />230942 <br />IVEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM IN5TRUMENT <br />�-6(NE) �oai�� Page2 of 15 in�c�ais:�1� Form 3028 1/01 <br />� <br />