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20100879� <br />(C) "Lender" is Great Western Bank <br />Lender is a Comm�rcial Bank <br />organized and existing under the laws of T8E STATE OF SOUTH DAKOTA <br />Lendcr's address is 1235 N STREET LTNCOIN NE 68508- <br />Lender is the beneficiary under this Security Tnstrument. <br />(D) "�Il'ustee" is Great Western Hank <br />(�) "Note" mcans the promissory note signed by Borrower and dated November 18, 2010 . <br />The Nate states that Barrower owes Lender EIGHTY ONE THOUS�AND FIVE HUNDRED AND <br />Op/1Q0 Dollars <br />(U.S. $ Bl, 500. QO ) plus interest. Barrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than December 1, 2020 . <br />(F) 'Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riclers" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders �u to be executed by Borrower [check box as applicable]: <br />❑ Adjustable Rate Rider ❑ C,ondominium Rider [� 5econd Home Rider <br />❑ Balloon Rider ❑ Flanned Unit Development Rider [.� 1-4 Family Rider <br />[] VA Rider � Biweekly I'ayment Rider [] Uther(s) �specifyJ <br />(I) "Applieable Law" mcans a11 controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect af law) as well as all applicabl� final, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessmcnt5 and other <br />charges that are imposed on Barrower or the Property by a candaminium associatian, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transactian originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephc>nic <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 transactions, transfers initiated by tclephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means th�se itcros that are d�.scribed in Section 3. <br />(M) "Miscellaneous Praceeds" mcans any compcnsation, settlement, award of damages, or proceeds paid <br />by any third party (othcr than insurance procceds paid under the coverages described in Section 5) for: (i) <br />aamdgc: tp, or dcstruction of, the Praperty; (ii) candernnation ar other taking of all or any part of the <br />Property; (iii) canveyance in lieu of candemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(N) "Martgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />�-6(NE) �aaa��.oz <br />P�e 2 of 15 <br />Initlals: <br />F�����1-�i�-�rl:i <br />Form 3028 1/01 <br />