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201008566
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Last modified
11/17/2010 3:07:25 PM
Creation date
11/17/2010 3:07:24 PM
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DEEDS
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201008566
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2o1oos5sc <br />(C) "Lender" is Ga�eat Weatern Bank <br />Lender is a Gommercial Bank <br />organized and existing under the laws caf mIiE STATE OF SQUTH DAKOTA <br />Lender's address is 1235 N sTRLE� LINCOLN NE 68508- <br />Lend�r is the beneficiary under this Security 1nsCrument. <br />(D) "Trustee" is Great Weatern Bank <br />(E) "Note" means the promissory nate signed by Borrower and dated Novambex 09, 2010 . <br />The Nate states that Borrowcr owcs Lender ONE F3UNARED EIGHT THOLI'SAND THREE <br />I3LTNDRED AND QO/100 Dollars <br />(U.S. $ 108 , 300 . 00 ) plus int�rest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than December l, 20�0 . <br />(F) 'Property" means the property that is described belaw under the heading "Transfcr of Rights in the <br />Property." <br />(G) "I�oan" means the debt evidenced by the Nate, plus interest, any prepayment charges a��d late char�;es <br />due under the Note, and all sums duc under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The follawiiag <br />Riders are ta be executed by Borrowcr [check box as applicable]: <br />� Adjustable Rate Rider ❑ Condominium Rider 0 Second Home Rider <br />� Balloon Rider ❑ Planned Unit Developme��t Rider [� 1-4 Family Rider <br />� VA Rider ❑ Biweekly Payment Rider �] Other(s) [specify] <br />(I) "Applicable Law" means all controllin� applicablc F�deral, stat� 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 c�pinions. <br />(J) "Community Association Dues, Fees, and Assessments" mcans dll dues, fees, assessments and other <br />eharges that zre imposed on $orrower or the Praperty by a condc�minium assoeiation, homeawners <br />assaciation or similar organization. <br />(K) "Electranic Funds Transfer" means any transfer of funds, atl�er than a transactian ariginated by <br />check, draft, ar similar paper instrument, which is initiated throu�;h an electronic terminal, telephonic <br />instrumcnt, computar, or magnetic tape so as to order, instruct, or authorize a financial institutian to debit <br />or credit an accaunt. Such term includes, but is not limited tc�, point-of-sale transfers, autamatad teller <br />machine transaetians, transfers initiated by telephone, wire transfers, and autc�mated elearinghause <br />transfcrs, <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlemcnt, award of damages, or proceeds paid <br />by �ny third party (other than insurance proceeds paid undcr th� cav�rages described in Section 5) for: (i) <br />damage to, or destruction of, the Praperty; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in licu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or eondition of the Prc��crty. <br />(N) "Ma�tgage insuranee" mcans insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />1111056141 <br />(�;�i8: <br />�-s�N�� (DaD7).02 P�e 2 of 15 �Ot171 $�ZS �/�'� <br />� <br />
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