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2oioos3co <br />(C) "Lender"is EOUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of TH E S7A7 E 0 F N E B RAS KA <br />Lender's address is 113 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802 <br />Lender is the benefioiary under this Security Instrument. <br />(D)'"Trustee"is EQUITABLE BANK <br />(E) 'T1ote" means the pramissory note signed by Borrpwer and dated December' 15 , 2010 . <br />TheNotestatesthatBorrowerowesLender NINE7Y TWO THOUSAND EIGHT Hl1NDRED AND <br />0 0/ 1 D 0 Dollars <br />(U.S. $ 92 , 800 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periadic <br />Payments and to pay the debt in full not later than J a n u� t^y 1, 2 0 2 fi . <br />(F) 'Troperty" means the property that is described below under the heading "Transfer of Rights in the <br />Praperty. " <br />(G) ' Loan" means the debt evidenced by the Note, plus interest, any prepayment char�es and late charges <br />due under the Note, and all sums due under this Security lnstruxnent, plus interest. <br />(H) "Raders" means a11 Riders to this Security Instrument that are executed by 13orrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider ❑ Second Home Rider <br />� Balloon Rider � Planned Unit Development Rider ❑ 1-4 Farnily Rider <br />0 VA Rider � Biweekly Payment Rider ❑ Other(s) [specify] <br />(I) "Applicable L�w" means all controlling applicable federal, state and local statutes, regulations, <br />ordinancas and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(I� "Electronic Funds Transfer" means any transfer 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�nancial institution to debit <br />or credit an account. Such term includes, but is not limited to, paint-of-sale transfers, autamated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and autornated clearinghouse <br />transfers. <br />(L) "Eserow Items" rneans those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or ather taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Froperty. <br />(N) 'T'Iortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the T.oan. <br />231003 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT ��,�^ <br />�-6(NE� �oe� �> Page 2 of 15 �nitia�s Form 3028 1101 <br />� <br />