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2Q1008411 (C)'Z,ender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of T H E S7AT E 0 F N E 6 RA S KA I,exider'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68$02-0160 Lender is the bene�ciary under this Security Instrument. (D) "Trustee"is EQUITABLE BANK (E) 'Tlote" means the promissory note signed by Bo�rrower and dated N o v e m b e r D 4, 2 010 . The Note states that Borrower owes Lender S E V E N T Y 1" H R E E T H 0 U 5 A N D F I V E H U N D R E D AND 00/100 Dolr�s (U. S. $ 73 , 500 . 00 ) 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 e r 1, 2 0 2 3 . (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Prpperty. " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this 5ecurity Instrument, plus interest. (H) "Riders" means all Riders to this Security Ianstrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: ❑ Adjustable Rate Rider 0 Gondominium Rider 0 5econd Home Rider �] Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Rider ❑ VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and adxninistrative rules and orders (that have the effect of law) as well as a11 applicable �nal, non-appealable judicial apinions. (.n "Community Assaciation Dues, Fees, and Assessments" xneans all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominiurn association, homeowners association or similar organization. (K) '�lectronic Funds Transfer" maans any transfer of funds, other than a transaction originated by check, draft, or similar paper instrurnent, which is initiated through an electronic terminal, telephanic instrument, computer, or magnetic tape sp as to order, instxuct, or authorize a financial institution to debit ar credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and autamated clearinghouse transfers. (L) '�scrow Items" means those items that are described in Sectipn 3. (M) "Miscellaneous Prneeeds" zneans any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the caverages described in Section 5) for: (i) damage to, or destruction pf, the Property; (ii) condemnation or pther taking of all or any part of the Property; (iii) conveyaatce in lieu of condemnation; or (iv) misrepresentations of, or omissions as ta, the value andJor condition pf the Property. (N) 'ZVIortgage Insuranee" means insurance protecting Lender against the nonpayment of, or de£ault on, the Loan. 230957 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) (D811) Page2 of 15 �nitia�s: �� Form 3028 7/01 �