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201007876
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201007876
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Last modified
10/25/2010 4:28:10 PM
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10/25/2010 4:28:10 PM
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DEEDS
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201007876
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�01UU�87G <br />(C)'tiender"is EQUITABLE BANK <br />Lender is a 58vi ngs Bank <br />organized and existing under the laws of T H E S TAT E 0 F N E B RA S KA <br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRANQ ISLAND NE 68802 <br />Lender is the beneficiary under this Security Instrument. <br />(D)'"Trustee"is EQUITABLE BANK <br />(E) 'Note" xneans the prornissory note signed by Borrower and dated 0 C t o b e r 2 0, 2 010 . <br />The Note states that Barrawer owes Lender FI FTY EIGHT THQUSAND FI V� Hl1NDRED AND <br />00 / 100 Dollars <br />(U.S. $ 58, 500. 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 J. , 2 0 3 0 . <br />(F) 'Troperty" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) 'Z,oan" rneans the deht 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" mean.s a11 Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />[� Adjustable Rate Ridar [.] Condominium Rider 0 Second Home Rider <br />� Balloon Rider ❑ Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider � Siweekly Payment Rider � �ther(s) [specify] <br />(I) "Applieable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and adxninistrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are impased on Borrower or the Property by a condominium association, homeowners <br />asaociation or similar organization. <br />(K) '�lectronic Funds Transfer" means any transfer of fixnds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an elactronic terminal, telephonic <br />instrument, computer, or ma�netic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not lixnited to, point-of-sale transfers, automated teller <br />machine transactians, transfers initiated by telephone, wire transfers, and automat�d clearinghouse <br />transfers. <br />(L) '�scrow Items" means those items that are described in Section 3. <br />(M) '7Vliscellaneous Proceeds" means any carnpensation, settlement, 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 destructian of, the 1'roperty; (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 omissions as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage Insaxance" rneans insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />230937 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFpRM INSTRUMENT � <br />�-6�NE)(oe��) Pa�ezor�s Init � � Fqrm3028 1101 <br />� <br />
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