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2oiao924� (C)'Z.,ender"is EQUITABLE BANK Lender is a Savi ng5 Bank organized and existing under the laws of THE STATE OF NEBRASKA Lender's address is 113-115 N LOCUST ST PO BOX 16D GRAND ISLAND NE 68802-b160 Lender is the beneficiary under this Security Instrument. (D)'"Trustee"is EQUITABLE BANK (E) "Note" means the promissory note signed by Borrower and dated DeCember 06 , 201� . The Note states that Barrower owes Lender N I N ETY THOl15AND AN D 00/ 100 Dollars (U.S. $ 90 , 000 . 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, 2 041 . (F) '�roperry" means the property that is described below under the heading "Transfer of Rights in the 1'roperty. " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges duc under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that are executed by Barrower. The following Riders are ta be exacuted by Borrower [check box as applicabl�]: � Adjustable Rate Rider � Condominium Rider � Second Home Rider [] Balloon Rider � Planned Unit Development Ridar � 1-4 Family Rider [] VA Kider � Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable Law" means all contrpllin� applicable federal, state and local statutes, regulacions, ordinances and administrative rules and orders (that have the effect of law) as we11 as all applicable final, non-appealable judicial opinions. (.n "Cammunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and ather charges that are irnposed on Borrower or the Properiy by a condominium association, hameawners association or sirnilar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transactian 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 finaaacaal institutian to debit or credit an accaunt. Such term includes, but is not limited to, point-of-sale transfers, automated teller rnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghpuse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) 'ZVIiscellaneous Proeeeds" means any compensation, settlement, award of clamages, or prpceeds 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 Praperty; (ii) condemnation or other taking of all or any part of the Praperty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or amissions as to, the value and/or condition of the Property. (N) 'ZVIortgage Insurance" means insurance prptecting Lender against the nonpayxiaent of, or default on, the Loan. 230994 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE) (0811) Pege2 of 15 Initials: Form 3028 1101 �