201008412 - Laserfiche WebLink

Browse

2oioos4iti (C) "Lendgr"is �QUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of TH E STAT E 0 F N E B RA5 KA Lender's address is 113-115 N LOCUST $T PO BOX 160 GRAND ISLAND NE 68802-0160 Lender is the bene�ciary under this Security Instrument. (D)'Trustee"is EQUITABLE BANK (E) "1�1ote" means the promissory note signed by Borrower and dated N o v e m b e r 0 5, 2 010 . The Note states that Borrower owes Lender 0 N E H U N D R E D T E N T H 0 U S A N D A N Q 0 0/ 10 0 Dollars (U.S. $ 110 , 000 . 00 ) plus interest. Borrower has pramised to pay this debt in regular Periodic Payments and to pay the debt in fu11 nat later than Q e C e m b e r 1, 2 0 2 5 . (F) 'Troperty" means the property that is described below under the heading "Trazisfer of Rights in the Property. " (G) "Laan" means the debt evidenced by the Note, plus interest, any pre7aayment charges and late charges due under the Nate, and all sums due under this Security Instrument, plus interest. (H) "Riders" xneans all Riders to this Security Instrurnent that are executed by Borrower. The following Riders are to be executed by Borrower [check bax as applicable]: ❑ Adjustable Rate Rider ❑ Condominium Rider 0 Second Home Rider ❑ Balloon Rider � Planned Unit Developrnent Rider ❑ l-4 Family Rider � VA Rider 0 Biweekly 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 law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Associadon Dues, Fees, and Assessments" means a11 dues, fees, assessments and ather charges that are imposed on Borrower or the Property by a condaminium association, homeowners association or similar organization. (K) "Electronic Fixnds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an elactronic terminal, telephonic instrurnent, computer, or ma�netic tape so as to order, instruct, or authorize a�nancial institution to debit or credit an account. 5uch 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) "Escrow Items" means those items that ara described in Section 3. (M) "Miscellaneous Froceeds" xneans any compensation, settlement, 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 d�struction of, the Prnperty; (ii) condemnation or other 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 Froperty. (N) 'T'Iortgage Insurance" means insurance protecting Lender against the nonpayment of, ar default on, the Loan. 230958 NEBRASKA - Single Family - Fannle Mae/Freddie Mac UNIFORM INSTRUMENT � �-6�NE) �oeii� Page2 of 15 inicieis� �� Form 3028 1101 �