Laserfiche WebLink
2olioo22� <br />(C)'7.ender"is �QUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of T H E S TAT E 0 F N E B hA S KA <br />Lender's address is 113-115 N LDCUST ST PO BpX 160 GRANp ISLAND NE 68802-0160 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee"is EQUITABLE BANK <br />(E) 'T1ote" means the promissory note signed by Borrower and dated J d n u d ry 0 fi, 2 011 <br />The Note states that Borrower owes Lender S I X T Y S E V E N 7 H q ll S A N D A N D 0 0/ 10 0 <br />Dollars <br />(U.S. � 67 , 000. �0 ) plus interast. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than F e b t' u d 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 />Property. " <br />(G) "Loan" means the debt evidenc�d by the Note, plus interest, any prepayrnent charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(FI) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders az'e to be executed by Sorrower [check box as applicable]: <br />❑ Adjustable Rate Rider � Condominium Rider � Second Home Rider <br />[.� Balloon Rider � Planned Unit Development Rider � 1-� Family Kider <br />[� VA Rider 0�iweekly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative z and orders (chat have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(,n "Community Association Dues, F�es, and Assessments" means all dues, fe�s, assessments and other <br />charges that are ixnposed on Borrower or the Property by a condominiuzn association, homeawners <br />association or similar orgaaxi�ation. <br />(K) "Electronic Funds Transfer" rneans any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape sa as ta order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />rnachine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escraw Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award af dama�es, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in S�ctipn S) far; (i) <br />damage tp, pr destruction of, the Property; (ii) condernnation or other taking of a11 ar any part of the <br />Property; (iii) cpnveyance in lieu of condemnation; or (iv) misrepresentations of, or pmissions as to, the <br />value and/or candition of the Property. <br />(N) "Martgage Insurance" means insurance protecting Lender against the nonpayznent of, or default on, <br />the Loan. <br />231D38 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac IINIFpRM INSTRUMENT n��• <br />�-6(NE) �os�i� Page2 of 15 Initials: l��_ � l�J Form 3028 7/01 <br />� ( <br />