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201008$G� (C)"I�ender"is EQUITABL� BANK Lender is a Savi ngs Bank organized and existing under the laws of TH E S7AT E 0 F N E 6 RAS KA Lender'saddressis 113 N LOCUST ST PO BOX 160 GRANQ ISLAND NE 68802 Lender is the beneficiary under this Security Instxument. (D)'"Trustee"is EQUITABLE BANK (E) "Note" n:ieans the promissory note signed by Borrower and dated N o v e m b e 1^ 2 2, 2 O 10 . The Note states that Borrower owes Lender 7W 0 H U N � R E D S I X T H 0 U SA N D N I N E H U N D R E D AND 00/100 Dollars (U. S. $ 206 , 90� . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than Qecember 1, 2040 . (F) 'Property" means the property 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 prepayment charges and late charges due under the Note, and all suma due under this Security Instrument, plus interest. (H) 'Riders" means all Riders to this Security Instrument that are executcd by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider � Balloon Rider � Planned Unit Development Rider [] 1-4 Family Rider ❑ VA Rider � Biweekly Payment Rider 0 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 final, non-appealable judicial opinions. (.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower oz the Property by a condominiuxn association, homeowners association or similar organization. (K) "�lectronic Funds Transfer" means any transfer of funds, pther 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 to order, instruct, or authorize a financial institutian to debit ar credit an account. Such terrn includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) '�scrow Items" means thase iterns that are described in Section 3. (M) 'ZVIiscellaneous �raeeeds" nneans any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of candernnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means izasurance protecting Lender against the nonpayment of, or default on, the I�oan. 230974 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUM�NT ' \ �-B�NE) (0811) Page2 of 15 in�t�ais: �W Form 3028 1I01 �