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2 01008859 <br />(C)'�.ender"is EQUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of TH E S TAT E 0 F N E B RA S KA <br />Lender's address is 113-115 N LbCUST ST PO BOX 160 GRANQ ISLAND NE 6$8p2-0160 <br />I�ender is the beneficiary under this Security Instrurnent. <br />(D)'Trustee"is EQUITABLE BANK <br />(E) "Note" means the promissory note signed by Borrower and dated N o v e mb e r 2 2. 2 O 10 <br />The Note states that Borrower owes Lender EIGHTY FOUR THOUSAN� AND 00/100 <br />Dollars <br />(U.S. $$4 , 000 . QO ) plus interest. Borrower has prprnised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later tl�an becember 1, 2025 . <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 debc evidenced by the Note, plus interest, any prepayznent chaa and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) 'Riders" means all Riders to this Security Instrument that are executed by Bonrower. The follawing <br />Riders are to be executed by Borrower [check box as applicable]: <br />0�djustable Rate Rider [� Condominium Rider ❑ Second Home Rider <br />0 Ballppn Rider � Planned Unit Development Rider ❑ 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (thaC have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(.� "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 association, hozneowi�ers <br />association or sirnilar organization. <br />(K) '�lectronic Funds Transfer" rneans any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or autharize a financial insCituCion to debit <br />or credit an account. Such term includes, but is not lizzaited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and autoznated clearinghouse <br />transfers. <br />(L) '�scrow Items" means those items that are described in Section 3. <br />(M) '7Vliscellaneous Proceeds" means any compensation, settlement, award of daxz�ages, 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 Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresez�tations af, or omissians as to, the <br />value and/or condition of the Froperty. <br />(N) '7VIortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />f�.�t�l�:yl�l <br />NEBRASKA - Single Family - Fannfe Mae/Freddie Mac UNIFpRM INSTRUMENT �{ � <br />�-6(NE) �aa��� aaqe2 ot 15 in�t�ais: 1 1"-'' Form 3028 1/01 <br />m <br />