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201009795
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Last modified
12/29/2010 4:19:05 PM
Creation date
12/29/2010 4:19:04 PM
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DEEDS
Inst Number
201009795
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201009795 <br />(C)'Zender"is EQIIITABLE BANK <br />Lender is a 5avi ngs Bdnk <br />organized and existing under the laws of TH E STAT E 0 F N E B RAS KA <br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-Q160 <br />Lender is the beneficiary under tk�is Security Instrument. <br />(D)'Trustee"is EQI.IITABLE BANK <br />(E) 'TTote" means the promissory note signed by B��rrower and dated Q e C emb e r' 2 3, 2 010 . <br />The Note states that Borrower owes Lender 0 N E H U N D R E D N I N E T Y S I X T H 0 U 5 A N D A N D <br />00 / 100 Dallars <br />(U.S. � 196 , 000 . DO ) plus interest. Barrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later thaxa J a n u a ry 1, 2 0 2 6 . <br />(F) 'Troperty" means the property that is described below under the heading "'I"ransfer of Rights in the <br />Property. " <br />(G) "L,oan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means al] Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rid�r � Gondominium Kider 0 Second Home Rider <br />❑ Balloon Rider � Planned Unit Developmcnt Rider � 1-4 Family Rider <br />❑ VA Rider ❑ Biweekly Payriaent Rader ❑ Other(s) [specify] <br />(I) "Applicable l.,aw" means a11 controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (tliat have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(J) "Cor►�munity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condozninium association, homeowners <br />association or similar organization. <br />(K) '�lectronic Funds Transfer" means any transfer of funds, other than a transactiora originated by <br />check, draft, or similar paper instrument, which is initiated tlu an electronic terminal, telephonic <br />instrurnent, computer, or magnetic tape so as to order, instruct, ar authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited tn, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) 'ZVliscelianeous Proceeds" means any compensation, settlement, award of damag�s, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />dax�nage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) znisrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(N) "Mortgage Insarance" means insurance protecting Lender a�ainst the nonpayment of, or default on, <br />the Loan. <br />231020 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UIVIF�RM tNSTRUMENT <br />�-6(NE) (0811) Paga2 of 15 Initials: F01'lil 3028 1101 <br />� ���� <br />
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