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201008409
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Last modified
11/10/2010 4:47:54 PM
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11/10/2010 4:47:53 PM
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DEEDS
Inst Number
201008409
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2oioos�o� <br />(C)"Lender"is EQUITABLE BANK <br />Lender is a 5avi ngS Bank <br />organized and existing under the laws of T H E S TA7 E 0 F N E B RA S KA <br />Lender's address is 113 N LOCUST 5T PO BOX 160 GRAND TSLAND NE 68802 <br />Lender is the bene�ciary under this Security Instrument. <br />(D)'Trustee"is EQUITABLE BANK <br />(E) "Note" means the promissory nate signed by Borrower and dated N 0 v emb e r 0 5, 2 O l 0 . <br />The N ote states that Borrower owes Lender E I G H T Y F I V E T H 0 U S A N D A N D 0 0/ 10 0 <br />Dollars <br />(U. S. $ 85 , Op0 . 00 ) plus interest. Borrower has pramised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than December 1, 2025 . <br />(F) "Praperty" means the property that is described belpw under the heading "Transfer of Rights in the <br />Froperty." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charg�s and late charges <br />due under the Note, and al] surns due under this Security Instrument, plus interest. <br />(� "Riders" means all Riders to this Security Instrurn�nt that are executed by Borrowez'. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider [] Condorninium Rider � Second Home Rider <br />� Balloon Rider 0 Planned Unit Development Rider 0 1-4 Pamily Rider <br />0 VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(,n "Catnmunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and ather <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "�lectronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or sirnilar paper instrument, which is initiated thraugh an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />trans�ars. <br />(L) "Eserow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any cornpensation, 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 destruction of, the Prpperty; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of candernnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />230960 <br />NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT <br />�-6(NE) �os��� PaAez or �e ina�si Form 3028 1/01 <br />� <br />
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