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2oiioo2s� <br />(C)'Z,ender"is EQUITABLE BANK <br />Lender is a Savi ngs Bank <br />organized and existing under the laws of TH E STAT E 0 F N E B RAS KA <br />Lender's address is 113-115 N LOCUST ST PO BOX 160 GRAN� ISLAND NE 68802-0160 <br />Lender is the bene�ciary under this Security Instrument. <br />(D)'�rastee"is EQUTTABLE BANK <br />(E) "Note" maans the promissory note signed by Borrower and dated J a n u a t'y 0 7, 2 D 11 . <br />The Note states that Borrower owes Lender 0 N E H lJ N D R E D T H 0 U S A N D A N D 0 0/ 10 0 <br />Dollars <br />(U. S. $ 100 , Ob0 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and tn pay the debt in full not later than F e b r u a ry 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) "Laan" means the debt evidenced by the Note, plus anterest, any prepayment charges and late charges <br />due under the Note, and a11 suzns due under this Security Instrument, plus interest. <br />(H) '22iders" means all Riders to this Security Instrument that are executed by Borrower. The fpllowing <br />Riders are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider [] Condominium Rider [.� Second Hpme Rider <br />C] Balloon Rider � Planned Unit Davelaprnent Rider 0 1-4 Family Rider <br />[� VA Rider � Biweekly Paynaent Ridar � Other(s) [specify] <br />(1) "Applicable Ii.,aw" means all controlling applicable federal, state and local statutes, re�ulations, <br />ordinances and administrative rules and orders (that have fhe effect af law) as well as all applicable final, <br />non-appealable _iudicial opinians. <br />(,� "Community Association Dues, Fees, and Assessments" xneans a11 dues, fees, assessments and other <br />charges that are imposed on Borrower or the Froperty by a condarninium association, homeowners <br />association or similar or�anization. <br />(K) '�lectronic Funds Transfer" means any transfer of funds, other than a transaction ariginated by <br />check, draft, or siznilar paper instrument, which is initiated through an electronic ternainal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such tezzn 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) "Eserow 'Items" means those items that are described in Sectipn 3. <br />(M) "Miseellaneous Proceeds" rneans any compensation, sett1em�nt, award of damages, or proceeds paid <br />by any third pariy (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 other taking of all or any part af the <br />Property; (iii) conv�yance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value andJor condition of the Property. <br />(N) "Mortgage Insurance" maans insurance protecting Lender against the nonpayment of, or default nn, <br />the Loan. <br />231p39 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT ��/� <br />�-B(NE) (0&1�) Page2 of 15 Initia�s: ��(%1� Form 3028 7/01 <br />� <br />