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2oiooss5� (C)'Z.ender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws af TME STATE OF NEBRASKA . Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 6$802-0160 Lender is the beneficiary under this Security Instrument. (D)'Trnstee"is EQUI7ABLE BANK (E) "Note" means the promissory note signed by Borrower and dated N o v e m b e r' 2 4, 2 O 10 The Nate states that Borrower owes Lender E I G HTY FO U R T H 0 U SA N D A N D 00 / 100 Dollars (U. S. $ 84 , 0 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than D e c e m b e r 1 , 2 0 2 5 . (k� "Paroperty" means th� property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (I� "Riders" means all Riders to this Security Instrument that are executed by Bonower. The follawing Riders are to be executed by Barrower [check box as applicable]: � Adjustable Rate Rider � Condominium Rider � Second Home Rider � Balloon Rider 0 Plann�d Unit Development Rider � 1-4 Family Rider � VA Rider 0 Biweekly Payment Rider � Other(s) [specify) (I) "Applicable 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 fmal, non-appealable judicial opinions. (.n "Community Assoeiation Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are impased on Borrower or the Property by a condominium association, homeowners association or similar organization. (I� "Electronic Fund.s Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as ta order, instruct, or authorize a financial institutinn to debit or credit an accnunt. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller machine transactians, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (1Vn "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the caverages described in Section S) for: (i) darnage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations oF, or omissions as to, the value aud/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting I,ender against tta.e nonpayment of, or default on, the Loan. 230978 NEBRASKA - Single Family - Fannle MaelFreddie M ac UNIFORM INSTRUM ENT �•8(NE) (0811) Pege2 af �s �n�t�ah�� FOrn1 3028 1101