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2oiousi�o (C) "Lender"is EQUITABLE BANK Lender is a S a v i rl g s B d n k organized and existing under the laws of T H E S 7A7 E 0 F N E 6 RA S KA Lender's address is 113 N LOCUST ST Pp BOX 160 GRANQ ISLAND NE 68802 Lender is the bene�ciary under this Security Instruzxaent. (D)'�rustee"is EQUITABLE BANK (E) "Note" ra:�eans the promissory note signed by Bonower and dated OCtDb� r 28 , 2010 . The Note states thatBorrower owes Lender TWENTY �IVE THOUSAND AND 00/100 Dollars (U. S. $ 2 5, 000 . Q 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than D e c e m b 2 r 1, 2 0 2 5 . (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Froperty. " (G) "Loan" means the debt evidenced by the Note, plus interest, ar�y 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 Borrower. 'The following Riders are to be executed by Sorrower [check bax as applicable]: [] Adjustable Rate Rider � Condominium Rider � Second Hame Rider 0 Balloon Rider 0 Planned Unit Development Rid�r � 1-4 �amily Rider 0 VA Rider � Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulatians, ordinances and administrative rules and orders (that have the effect af law) as well as all applicable final, non-appealable judicial opinions. (.n "Community Assoeiatian Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on �orxower or the Property by a condominium association, homeowners association or sirnilar organization. (K) '�lectronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or snnilar paper instrument, which is initiated throu�h an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Eserow Items" means those items that are described in Saction 3. (M) "Miscellaneous Praceeds" means any compensation, settlement, award of damages, or proceeds paid by any third parly (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction af, the Property; (ii) condemnation or ather taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insuranes protecting Lender against the nonpayment of, or default on, the Loan. z�o949 NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT �-B�NE) �os�t� Pege2 of 15 inicieis:�� Form 3028 1/D1 �