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201100i�0 (C) "Lender"is EQUITABLf BANK Lender iti a Savi ng5 Bdnk organized and e�;isting under the laws of 7HE STATE OF NEBRASKA Lender'saddressis 113 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802 Lender is the beneficiary under this Security Instrument. (D)'"I'rustee"is EQUITABLE BANK (�) "Note" meana the promissory note signed by Borrower and dated J d n U d ry 03 , 2011 . The Note states that Borrower owes I.ender F I F T Y T H R E E T H 0 U S A N D A N D 0 0/ 10 0 Dollars (U.S. $ 53 , OQO . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than F e b t' u d ry 1, 2 0 21 . (F) 'Troperty" mean;; the property that is described below under the heading "Transfer of Ri�hts in the Froperty. " (G) 'Z,oan" means the debt evidenced by the Note, plus interest, any pre�ayrneni charges and late charges due under the Note, and a11 surns due under this Securit,y Instrument, plus interest. (I�) 'Riders" means all Riders to this 5ecurity Instruznent that are executed by Borrower. Tl�e following Riders are to be executed by Borrawer [check bo�; as applicable]: 0 Adjustable Rate Rider 0 Condominium Rider � Second Hoxxae Rider � Balloon Rider 0 Planned L7nit Development Rider 0 1-4 Family Rider 0 VA Rider ❑ Biweekly Payment Rider 0 Other(s) [specify] (I) "Applicable T.aw" means all controllin� applicable federal, state and local statutes, re�ulations, ordinances axxd administrative rules and order� (that hav�: the et'fect of law) as well as all applicable final, non-appealable judicial opinions. (.� "Community Assaciatian Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower ar the Property by a candominium association, homeowners associatian or sirnilar organization. (K) "�lectranic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or sirnilar paper instrument, which is initiated throubh an electronic terminal, telephonic instrument, coznputer, or magnetic tape so as to order, instruct, or autk�orize a financial institution to debit or credit an account. Such term includes, but i� not limit�d to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) '�scrow Items" means those items that are de5cribed in Section 3. (M) 'T'Iiscellaneous Proceeds" rneans any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverage5 d�scribed in Section S) for: (i) damage to, or destruction of, the Property; (ii) condemnatian or other taking o£ all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations pf, or omissions as to, the value andJor condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. 231p31 NE6RA5KA - Single Family - Fannie Mae/Freddie Mac UNIFORM IN5TRUMENT �-6�NE) (0811) Paye 2 ot 15 in�t�ais: � f� Form 3028 1/01 �