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201008794
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201008794
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Last modified
1/11/2011 2:29:58 PM
Creation date
11/24/2010 4:19:45 PM
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DEEDS
Inst Number
201008794
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241008794 <br />(C) "Lender" is Great Western Bank <br />Lender is a Commercial Bank <br />organized and cxisting under the laws of THE STATE OF 30UT8 DAKOTA <br />Lender's address is 1235 N 3T1�ET �,INCOIN NE 68508- <br />Lender is the bencficiary under this 5ecurity Instrument. <br />(D) "Tti'u5tee" is Great We�tern Bank <br />(E) "Nate" mean.s th� pramissary note signed by Borrower and dated November 17 , 2010 . <br />The Note statcs that Borrower owes Lender ONE HUNDRED TWENTX TIi0U3AND ONE HUNDRED <br />AND 00/100 Dollars <br />(U.S. $ 120,100. 00 ) plus interest. Borrawer has promised to pay this debt in regular Feriodic <br />Payments and ta pay tli� debt in full not later than Aecember l, 2040 . <br />(�') 'Troperty" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Laan" ineans the dcbt c:vidcnced by the Note, plus interest, any prepayment charges and late charges <br />c�ue under the Note, and all sums due under this Security Instrument, plus intcrest. <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. Thc follc�win� <br />Riders are to be executed by Barrower [check box as applicable]: <br />❑ Adjustable Rate Rider 0 Condominium Rider � Second Home Rider <br />� Balloon Rider � Planned Unit Devclopment Rider 0 1-4 Pamily Rid�r <br />Q VA Rider [� Biweekly Payment Rider ❑ 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 />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium associatian, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction ori�inated by <br />cheek, draft, or similar paper instrument, which is initiated through an electronic terminai, 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 limited to, point-of-sale transfers, automated teller <br />machine transactians, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />ti'ansfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Mscellaneous Proceeds" means any compensation, 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 Prc�perty; (ii) condemnation or other taking of all c>r any p�w of the <br />Property; (iii) conveyance in licu of cpnd�tnnation; or (iv) misreprc4entatians of, or omissions as to, thc <br />valuc dnd/or conditian of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />� 1111056355 <br />� isia�8: <br />�-6(NE) �oao��.o2 P�e 2 of 15 �. orm 3028 1l01 <br />
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