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�oioos154 (C) "Lender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of T H� S T AT E 0 F N E B RA S KA Lender'saddressis 113-115 N LOCUST 5T PO BOX 160 GRAND ISLAND NE 68802-0160 Lender is the beneficiary under this Security Instrument. (D)'Trustee"is EQUITABLE BANK (E) 'TTote" means the promissory note signed by Borrower and dated 0 C t o b e t' 2 8, 2 010 . The Note states that Borrawer owes Lender N I NETY THOUSANb AND 00/ 100 Dollars (U. S. $ 90 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than beCembel^ 1, 2040 . (F) "Praperty" rneans the property that is described below under the heading "Transf�r of Rights in the Property. " (G) "Loan" zneans the debt evidenced by the Note, plus interest, any 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 Borrower [check box as applicable]: ❑ Adjustable Rate Rider ❑ Condominium Rider � Second Home Rider � Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider � VA Rider 0 Biwaekly Payment Rider ❑ Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of 1aw) as well as all applicable final, non-appealable judicial opinians. (.n "Community Associ�tion Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, honneowners assaciation or similar arganization, (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic termnial, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an accaunt. Such term includes, but is not limited 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 Section 3. (M) '2VIiscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section S) for: (i) damage to, or destruction of, the Property; (ii) condemnation or othar 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 insnrance" means insurance prptecting Lender against the nvnpayment of, or default on, the Loan. 230952 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT , �-B,N�) (0811) Page 2 ot 15 Inu�ais: Form 3028 1101 m