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2U11�Q��4 <br />(C)"Lender"is EQUITABLE BANK <br />Lender is a SaVi ngs Bank <br />organized and existing under the laws of TH E STAT � 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 beneficiary under this Security instrument. <br />(D) "Trustee"is EQl1ITABLE BANK <br />(E) "N ote" means the promissory note signed by Borrower and dated � d n U a ry 0 6, 2 O 11 . <br />The Note states that Barrower owes Lender SI XTY TWO THpUSANb ANQ 00/100 <br />Dqllars <br />(U.S. $ 62 , 000 . QQ ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full npt later than Februa ry 1, 2026 . <br />(F) 'Troperry" means the property that is described below under the heading "Transfer of Ri�hts in the <br />Property. " <br />(G) "I:aoan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Notc, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to thia Security Instrument that are executed by Borrower. The following <br />Riders are to be �xecuted by Sorrower [check box as applicable]: <br />� Adjustable Rate Rider � Condominiuxn Rider ❑ Secand Home Rider <br />� Balloon Rider � Planned Unit Development Kider [.� 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider � Other(s) [specify] <br />(I) "Applicable La��" means all controllang applicable federal, state and local statutes, regulations, <br />ordinances 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 ather <br />charges that are imposed on Borrower or the Property by a condozniniurn association, honrzeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated hy <br />check, draft, or similar paper instrument, which is initiated throu�l� an electronic terminal, telEphonic <br />instrument, computer, or magnetic tape so as to order, instruct, or autharize a financial institution ta debit <br />or credit an account. Such term includes, but zs nat Iimited to, point-of sale transfers, automated teller <br />machine transactions, transfers initiated by telephpne, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(NT) "Miscellaneous Proceeds" means any compensation, settlement, award of daznages, 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 oth�r 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) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />231040 <br />NEBRASKA - Single Family - Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT <br />�-6(N �oei�> Page2 of 15 in�c�ais: � Form 3028 1101 <br />m � <br />