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20120108� <br />Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Prapert�+ or to <br />the Secured Debt, whether or not then due, at Beneficiary's option. Any �pptication of proceeds to principal shall nat <br />extend or postpone the due date of ihe scheduled paYment nor change the amount af any payment. Any excess will be paid <br />to the Grantar. [f Yhe Property is acquired bp Beneticiary, Trustor's ri�ht to any insurance poltcies and �rocec;ds resultin� <br />from damage ta the Property before the acquisition sl�all pass to Beneficiary to Yhe extent of lhe Secured Deht imrnediatcl} <br />befare the acquisition. <br />2Q. ESCROW FQR TAXES A.ND I1�fSURANCE. Unless otherv��ise prqvided in a separate agreement, Trustor wiU not he <br />raquired to pay ta Beneficiary funds for caxes and insurance in escrow. <br />21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiary u�nn request, any <br />financial stalement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, dellver, and file any <br />additianal documents ar certificatians that Beneficiary may consider necessary to perfect, continue, and preserve Grantar's <br />obligations under this Security Tnstrument and Beneficiary s]ien status on the Property. <br />22. 301NT AND INDiVIDUAL LIABILITYi C4-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under <br />fhis Security Instrument are joiot and individual. 1f Trustar signs this Security lnstrument but does not sign an evidence af <br />debt, Trustor does so only to mortgage Trustar's interesi in the Property to secure payment of the Secured Debt and Trustor <br />daes not agree ta be personally liable on the Secured Debt. If this Security Instrument secures a guaranty bctwcen <br />Beneliciary and �'rustor, Trustor agrees to waive any rights that may prevent E3�neficiary from bringing any action ar claim <br />against '�rustor or any party indebted under che obiigation. These rights may include, but are not l�miCed to, any <br />ant►-deficiency ar ane-act�on laws. Truscor agrees that Beneficiary and any party to this Security Instrurnent may exkend, <br />modify or make any change in the terms of this Security Instrument or any ev�dence of debt wttl�out Trustor's cxmsenl, <br />Such a change will not release Trustor from the terms of this Security Instrument. The duties and Uenelits of this Security <br />Instrument sha11 biod and benefit the succ�ss�rs and assigns of Trustor and Beneficial, <br />23. APPLICABLE LAW; SEVERABILTTY; TNTERPRETATTON. This Security Instrument is governed by the laws of the <br />urisdictian in which Beneficiary is located, except to the extenl otherwise required by the laws of the junsdiction where the <br />�roperty is located. This Secunty Instrument ts complete and fully integrated. '�'his Security Instrument cnay not bc <br />amended or modified by aral agreement. Any section in this Security Instrument, attachments, or any, agreement reiated to <br />the Secured Debt that conflicls with appticable law will not be effeetive, unless that law exptess(y or �mpliedly permits lhe <br />��ariatians by written agreement. If any section of this Security Tnstrumenl cannot be en;Forced according to ils t�:rms, that <br />section will be severed and will not affect the enforceabilit�� of the remainder of this Security Instrument. Whenever used, <br />the singular shall include che plural and the plural the singular. The captions and headings of the sec�ians ol' tliis Securily <br />Instrument are for convenience only and are not to be used to interpreY or define the terms of this Security Inslrument. Time <br />is of the essence in this Security Instrument. <br />24. SUCCES90R TRUSTEE. Beneficiary, at Beneficiary`s option, may from time to time remove Trustee and apposnt a <br />succQSSar trustee without any other formality than the des�gnation in writing. The successor trustee, without conveyance of <br />the Property, shall succeed to a11 the title, power and duties conferred upon Trustee by this Sec:urity Instrument and <br />applicable law. <br />2S. NUTICE. Unless otherwise required by law, any noCice shall be given by delivering it or by mailing it by £irsi class mail !o <br />the appropriate Qarty's address on page 1 of this Security rnstrument, or to any other address designated in writing. Nntice <br />to one trustor w�li be deemed to be notice to all trustors. <br />26. WAIVERS. Except to the extenl prohibited by law, Trustor waives ail appraisement and homestead exemption rights <br />relating ta the Property. <br />27. OTHER TERMS. If checked, the following are applicable to this Security Instrurnent: <br />� Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured D�bt may he <br />reduced to a zero balance, this Security Instrument will remain in elfect unlil released. <br />� Construetion Loan. This Security Instrumeni secures an obligation incurred for the co�struction of an <br />improvement on the I'roperty. <br />� Fixture Filing. Trustar grants to Beneficiary a security interest in all goods that Grantor owns now or in the future <br />and that are or will become fixtures related co the Property. This Security Instrument suffiu:s as a financin� <br />statement and any carbon, pt�otographic or other reproduction may be filed of rec;ord for purposes of Article 9 of <br />the Uniform Commerciai Code. <br />� Riders. 'Fhe covenants and agreements of each of the riders checked below are incorporated into and supplement <br />and amend the terms of this Security Instrument. [Check all applicable boxes] <br />Cl Condominium Rider � Planned Unit Development Rider O Otl�er _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ .. _ _ _ _ _ _ _ _ <br />� Additional Terms. <br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants concained in this Security Instrument and in any <br />atta ments. Trustor also acknowledges receipt of a copy of this Security inscrument on the date stated on page 1. <br />___ _----- --�--'--- -----------���,�°���� --------------------------------__._._ .. --- <br />(Si ture) Cynthia A. Greene (Signature) <br />_..____.._._..------------------------------.___ ---------------______------ -----_..,...-•---- <br />(Signamre) (Date) (Signature (n��«) <br />ACKNOWLEDGMEhTT: <br />STATEOF__N��rask�-----------------. , C�UNTYOF Hall ----------- _ .... .- ---- -- 1ss. <br />t '"'�'"'�� ° '� This instrunnent was acknowledged before me this3rd _ _ _ _ _ _ _ _ day of Feb rua ry_ 20 i 2 _ _ _ _ _ ., _ _ _ ,. _ _ <br />by Cy,nthla A_ Green� a sin9le person .. _ _ _ _ .. _ _ - - .• —:-�= —=-= - - - - - - - - - - - - - - - --; � �..-.-.,_�._,._;.Y =_._ :,,.,.___! . <br />My commission expires: <br />, <br />&a+I�RAI NOTARIf •Sta� of Nebraska - - - - - - - —�� - - - _ _ . _ - - - - -. - . - - - - .. <br />I C � D �� ON (No�ary Yublic) <br />M Comm. Exp. Sept. 18 2014 C h a d N e 1 s o n <br />�,'° (� 7894 6enkers Syst8m5, Inc., St. Cloud. MN Form RE-OT-NE S130j2002 (page 4 of 4) <br />�� C165(NlE) ;oaa�) �aan Number xXx-xx-xx�050 <br />5165NE (01/10) <br />