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�01009149 <br />(C)'Z.ender"is EQUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of T H E STAT � 0 F N E B RAS KA <br />Lender's address is 113 N LOCUST 5T PO BOX 160 GRAND ISLAND NE 6$802 <br />Lender is the bene�ciary under this Security Instrument. <br />(D)'Trustee"is EQUITABLE BANK <br />(E) 'T1ote" means the promissory note signed by Borrower and dated Decembet^ 03 , 201 D . <br />The Note states that Bnrrower owes Lender 0 N E H U N D R E D S I X T H 0 U S A N D A N D 0 0/ 10 0 <br />Dorr�s <br />(U.S. $ 106 , 000 . 00 ) plus i�aterest. Barrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J a n u a ry 1, 2 0 2 6 . <br />(F) 'Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) 'Zoan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Nate, and all sums due under this Security Instrument, plus interest. <br />(H) 'Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrpwer [check box as applicable]: <br />0 Adjustable Rate Rider 0 Condozninium Rider ❑ Second Home Rider <br />❑ Balloon Rider 0 Planned Unit Development Rider ❑ 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider [� Other(s) [specify] <br />(I) "Ap�licable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that. have the effect of law} as well as all applicable final, <br />non-appealable judicial opinions. <br />(.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on $orrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) '�lectronic Funds Transfer" means any trazasfer 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 authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-af-sale transfers, automated teller <br />machin� transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Eserow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" ameans any cornpensation, settlement, award of daxnages, or proceeds paid <br />by any third party (other than insuranca praceeds paid under the coverages described in Section S) for: (i) <br />daxnage 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) misrepresentations of, or omissians as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage Insnrance" rz�eans insurance prptecting Lender against the nonpayment af, ar default on, <br />the Loan. <br />230988 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFbRM INS7RUMENT <br />�-B(NE) �oet�� Page2 of 15 mitials: � Form 3028 7/07 <br />� <br />