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�O10�815� <br />(C)'Z,ender"is EQUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of T H E S T AT E 0 F N E B RA S KA <br />Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRANd ISLAND NE 68802-016D <br />Lender is the bene�ciary under this Security Instrument. <br />(D) `Trustee"is �QUI7ABLE BANK <br />(E) "1�Tote" means the pramissory note signed by Borrower and dated 0 c t o b e I' 2 8, 2 0 7. 0 . <br />The Note states that Borrower owes Lender FI FTY FI VE THOUSAND AND 00/1QD <br />Dpllars <br />(U.S. $ 55 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Perxodic <br />Payments and to pay the debt in full not later than D e c e m b e r 1, 2 0 2 5 . <br />(F) 'Troperty" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "I.,oan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Nate, and all suxns due under this Security Instrurnent, plus interest. <br />(H) "Riders" means all 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 Rider ❑ Condominium Rider 0 Second Home Rider <br />� Balloon Rider � Planned Unit Development Rider � 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider ❑ Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and aclrninistrative rules and orders (that have the effect of law) as well as all applicable �nal, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" rneans 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 arganization. <br />(K) '�lectronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or xnagnetic tape so as to order, instruct, or authorize a�inancial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />nnachine transactions, transfers initiated by telephone, wire transfers, and autamated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Mfscellaneous Proceeds" means any compensation, settlement, award of dama�es, 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 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) 'ZVlortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />230950 <br />NEBRA5KA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT ) <br />�-8(NE) �oeii� Page2 of 15 iniiiais: pC. Form 3028 1101 <br />� <br />