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�oioos25s (C) "I.ender" is Gxeat Western 8ank Lcnder is a Commercial Bank organized and existin�; under thc laws c�f THE STATE QF SOUTH DAICOTA Lcnder's address is 1235 N STREET LINCOIN NL 68508 Lunder is the benef ciary under this 5ecurity Instrument. (D) "Trustee" is Graat Western Bank (E) "Note" means the promissory note signed by Borrower and dated October 27 , 2010 The Note states that Borrower owes Lender FIFTY THOUSAND AND 00/100 Dallars (U.S. $ 50, ppp . 00 ) plus interest. Barrowcr lias pramised to pay this debt in re�ular Pcriodic Payments and to pay the debt in full not later than November 1, 2025 . (F) 'Property" means thc property that is described below under the heading "Transfer of Rights in the Property." (G) "I.,oan" means the debt evidenced by the Nate, 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 tc� this Security Instrument that are executed by $orrower. The following Riders are to be cxecuted by T3orrowcr [chec:k box as applicable�: 0 Adjustable Rate Rider ❑ Condominium Rider 0 SecaiYd Home Riaer � 13allaan Rider � Planned Unit Develc�prnent Riacr 0 1-4 Pamily Rider ❑ VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (I) "Appli¢able LArv" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" mcdns all dues, fces, assessments and other charges that are imposed on Borrower or the Property by a condominium associatian, hc»ncowners association or similar organization. (K) "�leckronic Funds Transfer" means any transfer af funds, ather than a trapsaction oribinated by check, draft, or similar paper instrument, which is initiated thrpugli an electronic tc;rminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorixe a�nattcial institution to debit or credit an account. Such term includes, but is not limited ta, ppint-of-sale transfers, automated teller machine transactipns, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Eserow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any campensation, settl�ment, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the T'roperty; (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, thc value and/or condition of the Froperty. (N) "MartgAge insurance" mcans insurance protecting Lender against the nonpayment of, or default on, thc Loan. �-6(NE) �oao��.o2 W P�e 2 of 15 Initials: 1111056073 Form 3028 1/01