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2oiioo3s3 (C) "Lender"is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of T H E 5 TAT E 0 F N E B RA 5 KA Lender's address is 113-17.5 N I.00UST ST PO BOX 160 GRAND ISLAND NE 6$8D2-0160 Lender is the beneficiary under this Security Instrument. (D) "Trustee" is EQUTTABLE BANK (E) "Note" means the promissory note signed by Sorrower and datEd � d n u d I^y 11 , 2 011 . The Note titate5 that Borrower owes Lender S E V E N T Y E I G H T T H 0 U S A N D N I N E H U N D R E D AND 00/10D Dollars (L1. S. $ 78 , 900 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than Februa ry 1, 2041 . (F) "Property" rneans the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late char�es due under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check bo� as applicable]: 0 Adjustable Rate Rider 0 Condominiurn Rider � Second Hame Rider ❑ Balloon Rider � Planned Unit Developm�nt Rider 0 1-4 Family Rider [� VA IZider 0 Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, hornepwners associatzon or similar organization. (K) "Electronic Funds Transfer" rneans any transfer of funds, other than a transactinn originat�d by check, draft, or similar paper instrumant, which is initiated throu�;h an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not lirnited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those iterns that are described in Section 3. (M) "Miscellaneaus Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condernnation; or (iv) misrepresentations of, or oznissions as to, the value and/or conditian of the Prpperty. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. 231p43 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 � �-6(NE) �oat�� Paga2 of 15 initi . Fprm 302$ 1Ip1 e