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201108800 (C) "Lender" is EQUITABLE BANK Lender is a Savi ngs Bank organized and existing under the laws of THE STATE OF NEBRASKA , Lender'saddressis 113-115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802-0160 Lender is the beneficiary under this Security Instrument. (D) "Trustee" is EQUITABLE BANI< (E) "Note" means the promissory note signed by Borrower and dated November 17, 2011 , The Note statesthatBorrowerowesLender NINETY EIGHT THOUSAND AND 00/100 Dollars (U.S. $98,0 0 0. 0 0 ) plus interest, Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than D e C e m b e r 1, 2 0 2 6 . (F) "Properfiy" meails the property that is described below under the heading "Transfer of Rights in the Property," (G) "Loan" means the clebt evidenced by the Note, plus interest, any prepayment charges and late charges 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 box as applicable]; � Adjustable Rate Rider � Condominium Rider � Second Home Rider � Balloon Rider � Planned Unit Development Rider ❑ 1-4 Family Rider � VA Rider �Biweekly Payment Rider � Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordin�nces and administrative rules and ordeis (that have the effect of law) as well as all applicable final, no�i-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other chai•ges that are im�osed on Borrower or the Property by a condominium association, homeowneis association or similar organization. 1K) "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, coinputer, or magnetic tape so as to order, instruct, or authorize a financial institutioii to debit or credit an account, Such term includes, but is not limited to, point-of-sale transfers, automated teller macliine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" ineans those items that are described in Section 3. (M) "Miscellaneous 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) far: (i) damage to, or destruction of, the Property; (ii) condemriation or other taking of all or any part of the Property; (iii) conveyance in lieu of condeimiation; or (iv) misrepresentations of, or oinissions as to, the value and/or condition of the Property. 231219 NEBRASKA-SInqle Family-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Fonn 3028 1/U1 VMP OO VMP61NE)(t 105) Wolters Kluwer Flnancial Services PAgo 2 of 17