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201009279 (C) "Lender"is EQUI7ABLE BANK Lender is a 5avi ng5 Bank organized and existing under the laws oF T H E S TAT E � F N E B RA S KA Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 Lender is the beneficiary under this Security Instrurnent. (D) "Trustee"is EQIJITABLE BANK (E) "Note" means the promissory note signed by Barrower and dated DeCembel' 10 , 2010 . The Note states that Borrow�r owes Lender 0 N E H U N D R E � T H 0 U 5 A N D A N b D p/ 10 0 Dallars (U. S. $ 100 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full nat later than J a n u a ry 1 , 2 041 . (F) "Property" meana 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 sums due under this 3ecurity Instrument, plus interest. (H) 'Riders" means all Riders to this Sccurity Instrument that are executed by Eorrower. The following Riders are to be executed by Borrower [check bax as applicable�: � Adjustable Rate Rider � Condominium Rider � Sacond Home Rider � Balloon Rider 0 Planned Unit Development Rider � 1-4 Family Kider � VA Rider 0 Biweekly Payrnent 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 final, npn-appealable judicial opinions. (.n "Community Associadon Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are irnposed on Borrower or the Properiy by a condorninium association, homeowners association or similar organization. (K) '�lectronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrunnent, which is initiated through an electrpnic terminal, telephonic instxument, computer, or magnetic 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, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Eserow ltems" means those items that are described in Section 3. (Nn 'T'Iiscellaneous Proeeeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in 5ection 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking af a11 or any part of the Praperty; (iii) conveyance in lieu of cdndernnatian; or (iv) misrepresentations of, ar omissions as to, the value and/or condition of the �roperty. (N) 'ZVIortgage Insurance" means insurance protecting Lender against the nonpayrnent of, or default on, the Loan. 230995 NE6RASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM IN5TRUMENT i �-B(NE) �oei�� Page2 of 15 iniciais: � Form 3D28 1/01 �