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201108126 (C) "Lender" is EQUITABLE BANK Lender is � Savi ngs Qank orgaizized and existiiig under the laws of T H E S TAT E 0 F N E$RA S KA . Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 Leilder is the benei"iciary under this Security Instrument. (D) "7rustee" is EQUITAQLE BANK (E) "N ote" means the promissory note signed by Borrower aizd dlted O c t o b e r 2 6, 2 011 . l he N ote states that Boi•rower owes Lender N I N E T Y E I G H T T FI 0 U S A N D 0 N E H U N D R E D A N D 0 0/10 0 Dollars (U.S. �98,100.00 )plus interest. Borrower has pronused to pay this debt in regulai• l�erioclic Payments and to pay the debt in full not later than N o V e m b e r 1, 2 0 31 . (F') "Property" ine�ns the property tllat is described below under the heading"Ti�aiisfer of Rights in tlie Pi•operty." (G) "Loan" means t1�e deUt evic�enced by tl�e Note, plus interes�, asiy prepayment charges anci late charges due uncier the Note, and a11 suins due t�nder this Sectiirity Instruineilt, plus interest. (H) "Rider's" ine�iis all Riders to this Security Instrument that are executed Uy Borrower. The following Riders are to be executed Uy�3orrower [checic vox as applicaUle]; ❑ AdjustaUle Rate Rider ❑ Condorninium Rider � Seconcl Hoine Rider 0 B�17oon Rider �Plamled Unit Developinent Rider 0 1-4�Family Rider 0 VA Rider ❑ Biweelcly Payment Rider � Other{s) [specify] (I) "Applleable Law" means all controlling ap�licable federa.l, stiate and local statutes, ieglilation�, ordinances and aclininistrative rules and oi-ders (that have t11e effect of law) as well as all a�plicable tnal, non-appealab7e juelici�l opinions. (J) "Community Association Dues, Fees, and Assessments" ineans all dues, fees, assessinents and other c7za1•ges t11at are imposed on Borrower or the Property by a oondonui�iun�association, homeowners association or sin�ilar organizatio�. (K) "Electronic Fund� Transfer" meaiis any transfer oF funds, other than� trai�saction origiiiated Uy checic, c�raft, or siv7ilar pa�per instrtiiment, which is initiated through an electronie terininal, tele�l�onic instrur�7ent, coniputer, or inagnetic t�pe so as to�order, insti•uot, or autihorize�a financial institution to d�ebit or credit an account. Such term incltiides, but is not limiiecl to, point-of sale tr�nsfers, autoin��ted teller maclvne ti•ansactions, transfers initiated by tel�phone, wire transfers, and autoinated clearinghouse transfers. (L) "Escrow Items" il�eans tliose items that are described in Section 3. (M) "M iscellaneo�a� Proceeds" means ariy compensation, settlement, �ward of damlges, or proceeds p�id by �ny tliircl�arty(otlier tha�i insurance proceeds paid uncler tlie coverages described in Section 5) for: (i) d�nlage to, or destruction of, the Prop�rty; (ii) condeir�zation or other talcing of a11 or a11y�ast of tlie Property; (iii) conveyance in lieu of condemn�tion; oi (iv)inisrepresentations of, or omissions as to, the v�lue�nd/or conciition of the Property. 2311�J9 NEBRASKA-Single Famlly-Fannie M aelFreddie M ac UNIFORM INSTRUM ENT Form 3028 1/01 VM P O VM P6(NE)(1105) Wolters Kluwer Financial Services Page 2 of 17