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2uiioo2�4 (C) "Lender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of T H E S T AT E 0 F N E B RA S KA Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68$02-0160 Lender is the beneficiary under this 5ecurity Instrument. (D)'"Trustee"is EQUITABLE BANK (E) "Note" means the promissory nnte signed by Sorrower and dated � d n u a►'y 06 , 2011 . The Note states that Borrower owes Lender 0 N E H U N D R E Q F p RT Y S E V E N T H 0 U S A N D A N D 00 / 100 Dollars (U. S$ 147 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payrnents and to pay the debt in full not later than Fe b r u a ry 1. 2 Q 2 6 . (F) "Property" means the property that is described below under the heading "Transfer of Ri�hts in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all suma due under this Security Instruxnent, plus interest. (H) "Riders" means a11 Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: 0 Adjustable Rate Rider 0 Condozninium Rider [� Second Home Rider � Ballonn Rider � 1'lanned Unit Developrnent Rider [� 1-4 Family Rider 0 VA Rider [] $iweekly Payment R'rder �] Other(s) [specify] (I) "Applieable Law" means all controlling applicable federal, state and local statutes, regulatians, ordinances and administrative rules and orders (that have the affect of law) as well as all applicable final, non-appealable judicial opinions. (� "Community Assaeiation Daes, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condozniniuxn association, homeowners assaciation or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnatac tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiatad by telephone, wire transfers, and automated clearinghouse transfers. (L) "�serow Iterns" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third pariy (ather than insurance proceeds paid under the caverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation pr ather taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) xnisrepresentations of, or omissions as to, the value and/or condition af the Property. (N) "Mortgage Insnrance" means insurance protecting Lender a�ainst the nonpayment of, or default on, the Loan. 231041 N�BRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-B(NE�(0811) Page2ot15 in�i�ais: �� Form 3028 1/01 Q9