Laserfiche WebLink
2010a9491 <br />(C) "Lender"is EQUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of TH E STATE 0 F N EB RAS KA <br />Lender's address is 113 N LOCUST 57 PO BOX 160 GRAND ISLAND NE 68802 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee"is EQUITABLE BANK <br />(E) "Note" meaz�s the promissory note signed by Borrower and dated D e C em b e t' 15 , 2 D 1 p <br />The Note states that Borrower owes Lender E I G H T Y S I X 7 H 0 U 5 A N D A N D 0 0/ 10 0 <br />Dollars <br />(U. S. $$6 , D00 . 00 ) plus interest. Borrower ha5 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 dascribed below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Laan" means the debt evidenced by the Note, plus interest, any prepayrnent charges and late charges <br />due under the Note, and all sums due under this 5ecurity Instrument, plus interest. <br />(H) '72iders" means all Riders to this Security Instrument that are executed by I3orrower. The fpllowing <br />Riders are ta be executed by Borrower [check box as applicableJ: <br />0 Adjustable Rate Rider � Condominium Rider [� Secand Home Rider <br />0 Balloon Ridez � Planned Unit Development Rider � 1-�} Family Rider <br />0 VA Rider [� Biweekly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and lqcal statutes, regulations, <br />ordinances and adminiskrative 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 Assess►nents" rneans a11 dues, fees, assessznents and other <br />charges that are imposed on Borrower or the Froperty by a condominium association, homeowners <br />association or similar organization. <br />(K) '�lectronic 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 te�rninal, telephonic <br />instrument, computer, or magnetic tape so as ta order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not lixr�ited to, paint-of-sale transfers, antomated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Esernw Items" means those items that are described in 5ection 3. <br />(M) "Miscellaneous Proceeds" means any campensation, settlement, award of damages, ar prnceeds paid <br />by any third pariy (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 other taking af a11 or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or ornissions as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage Insurance" means insurance protectin�; Lender against the nonpayment af, or default an, <br />the Loan. <br />230986 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INStRUMENT .` <br />�-B(NE) �oet�) Page2 of 15 ini�isis: �M Form 3028 1101 <br />44 <br />