201009155 - Laserfiche WebLink

Browse

24104915� (C) "Lender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of T H E S T AT E 0 F N E B RA 5 KA Lender'saddressis 113 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802 Lender is the beneficiary under this Security Instrument. (D)'"I'rustee"is EQUITABLE BANK (E) "Note" means the promissory note signed by Borrower and dated DeCember 03 , 2010 . The Note states that Borrower owes Lender 5 E U E N TY S I X T H Q U 5 A N D A N Q 0 0/ 10 0 Dollars (U. S. $ 7 6, OQD . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than J a n u a r y 1 , 2 0 2 6 . (F) "Property" means the 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 prepayrnent charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Inst�rument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: � Adjustable Rate Rider 0 Condaminium Rider � Second Home Rider � Balloon Rider [� Planned Unit Development Rider � 1-4 Family Rider 0 VA Rider �.] Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all controllin�; 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 "Cornmunity Assaciation Dues, Fees, and Assessments" means all dues, feas, assessments and other charges that are irt�posed on Borrower or the Property by a condominiurn association, homeawners association or simila� organization. (K) "�lectronic Funds 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, telaphonic instrument, coz�puter, or magnecic tape so as to order, instxuct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, autonnated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (Nn "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Sectian 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other talting of all or ax�y part of the 1'roperty; (iii) conveyance in lieu of condennnation; pr (iv) misrepresentations of, or omissions as ta, the value and/or condition af the Property. (N) "Mortgage Tnsurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. �.xi��ya NEBRA5KA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT �-6�NE) (oe��) Page2 of 15 Initials: FOrm 3028 1/D1 �