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201107882 (C) "Lender" is EQUITABLE BANK Lenderisa Savings Bank organized and existing under the laws af TH E STATE 0 F N EB RAS KA . Lender'saddrassis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 688Q2-0160 L,ender is the beneficiary under this Security Instrwnent. (D) "Trustee" is EQUITABLE BANK (E) "Note" melns the promissory note signed by Bon•ower and dated OCtobeY' 17, 2011 The Note statesthatBoirowerowesLender TWO HUNDRED TWENTY TWO THOUSAND TWO HUNDRED FIFTY AN� OO1100 Dollars (U.S. $222,250.00 )plus interest. Borrower has promised to pay tliis deUt in regular Periodic Payments �ud to pay the debt in fall not later thazi November 1. 2031 . (F) "Property" means the property th2t is described below under the heading "Transfer of Rights in the ProperCy." (G) "Loan" means the debt evideneed by fhe Note, plus interast, any prepaymenf charges and late oharges due under the Note, and all sums dua undar this Security Inshument, plus interest. (H) "Riders" means all Riders to this Security Instrument that are exacutad by Borrower. Tke following Riders are to be executed by Bon�ower [check box as appliaablo]: �Adjustabla Rate Rider 0 Condomuuum itidcr U Seeond Home Rider ��13alloon Rider � Planned Unit Development RIder � 1-4 F<vnily Rider �VA Ridar ❑Biweekly Pnyment Rider 0 Other(s) [specify] (I) "Applicahle Law" means all controlling applicable federal, state and local siaEutes, regulations, ordinances and administrative rules and orders(thtiY have the effect of law) as wall as all applicable fmal,non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means �11 dues, fees, asscssmenis and othcr charges that are imposed on Borrower or the Proparty by a condominiwn associaCion, homeowners assooiation or similar organization, (K) "Electronic Funds Transfer" means any transfcr of fimds, other than a Yr�tnsaotion origia�ted by eheck, draft, or similar papar instrumant, whioh is initiated Yhrough an electronie terminal, telephonic instrument, �computei�, or magnatic tapa so as to order, instruct, or nuthorize a t"inancial iustitution to debit or eredit an account. Sueh term includes, but is not limited to, pourt-of-sale transfers, automatcd Yeller i��achine Ysansactions, transf'ers uiitiated Uy telephona, wire t�•ansfers, and aatomated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means a�ry compensation, settlement, award of damages, or proceeds paid by auy tliird party (other than insurance proceeds ptiid under the coverages described 'ui Saotion 5) for:(i) danlage to, or destruction of the Property; (ii) condemnution or other taking of ali or any paat of Yhe Propei�ty; (iii)conveyance in lieu of condemnation; or (iv) misrepresenYaYions of, or omiesions as to, the vllue nnd/or condition of the Property. 231194 NEeRASKA�Single Femlly-Fennle MeelFreddie Mac UNIFORM INSTRUMFNT Farm 3028 1101 VMP� VMP6(NL�(1.1�5) Wolters KluworFinanclel Services Puye2 u117