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2oiioo22� <br />(C) "Lender"is �QUITABLE BANK <br />Lender is a 58vi ng5 Bank <br />or�anized and existing under the laws of T H E S TAT E 0 F N E B RA S KA <br />I,ender's address is 113-115 N LpCUST ST PO BOX 160 GRAND ISLAND NE 68$02-0160 <br />Lender is the beneficiary under this Security Instrurnent. <br />(D)'Trustee"is EQUITABLE BANK <br />(E) "Nate" means the promissory note signed by Borrawer and dated � d n U a ry 0 6, 2 011 . <br />The Note states that Borrower owes Lender NINETY THREE THOUSANQ AND 00/100 <br />Dorr�s <br />(U.S. $ 93 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Perivdic <br />Fayments and to pay th� debt in full not later than F e b r u a r y 1, 2 0 2 6 . <br />(F) 'Property" means the property that is described below under the heading "Transfer of Rights in the <br />Froperty. " <br />(G) '7_,oan" means the debt evidenced by the Note, plus interest, any prepayrnent charges and late charges <br />due under the Note, and all surias due under this Security lnstrument, plus interest. <br />(H) 'Riders" means all 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 />� Adjustabl� Rate Rider ❑ Condominium Rider ❑ Second Hoxne Rider <br />� Balloan Rider [.� Planned Unit Develapment Rider ❑ 1-4 Faxnily Rider <br />� VA Rider � Biwaekly Payment Rider ❑ Other(s) [specify] <br />(I) "Applicable Law" tneans all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the eff�ct of law) as well as all applicable final, <br />nan-appealable judicial opinions. <br />(,n "Community Associatinn Dues, Fees, and Assessments" means a11 dues, fees, assessments and other <br />char�es that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or sixnilar paper instrument, which is initiated through an electronic terrninal, telephonic <br />instrument, coznputer, or rnagnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such terrn includes, but is not limited ta, point-af-sale transfers, autozziated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow ltems" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settleaaaent, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section S) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or ather taking of all or any part af 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 Property. <br />(N) '7VIortgage Insurance" xaaeans insurance protecting Lender against the nonpayrnent of, or default on, <br />the Loan. <br />231037 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�^B�N�) (0811) Page2 of �5 iniiiais: Form 3028 1/01 <br />� <br />.� . <br />