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2oloosssi (C)'Zender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of T H E S TAT E 0 F N E B RA 5 KA Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 Lender is the beneficiary under this Security Instrument. (D) "Trustee"is EQUITABLE BANK (E) "Nate" means th� promissory note signed by Borrower and dated N o v e m b e►^ 2 2, 2 O 10 . TheNote s2ates that Borrower owes Lender ONE HUNDREb FI FTY THREE THOUSAND SIX HUNDRED AND 00/100 Dollars (U.S. $ 153 , fi00 . 00 ) plus interest. Borrower has promised tv pay this debt in regular Periodic Payments and to pay the debt in ful l not later than b e c e m b e r 1, 2 0 2 5 . (F) "Property" means the prpperty that is described below under the heading "Transfer of Rights in the Property. " (G) 'Z.oan" means the debt evidenced by the Note, plus interest, any prepayxnent chazges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) '72iders" means a11 Riders to this Security Instrument that ar� executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider [] Secand Home Rider ❑ Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider ❑ VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] (I) "A�plicable 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. (.n "Community Assaeiation Dues, Fees, and Assessments" means all dues, fees, assessments and other oharges that are irz�posed on Borrawer or the Prpperty by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transl'er" means any transfer of funds, other than a transaction priginated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit a�a account. Such term includes, but is not limited tv, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "�serow Items" means those iterns that are described in Section 3. (M) 'ZVIiseellaneous Praceeds" means any cornpensation, settlement, award of darnages, or proceeds paid by any third party (other than insurance prpceeds paid under the coverages described in Section 5) for: (i) damage to, or destructian of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condernnation; or (iv) misrepresentations of, or omissions as ta, the value and/or condition of the Property. (N) 'T'Iortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. NEBRASKA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-6�NE� (�811) Page 2 of 15 Initials: � � 230975 Form 3028 1/01