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<br /> Unke�citherwlrc��rccd in wrilin�,sll ltuur�nce proceecls�hall hc;applicd to thc restorution c�r repair ot thc Property
<br /> i►r�u tha Sccurcd Lkbt,wheiher�r not then due,�t Gcnder'�o�tfun.Any upplicadon of procceds to principal Rhal1 not
<br /> extend�x poetpone the duie d�te ot the echedukd payment nnr change the amnunt of any payment.Any�xcc�will t+e
<br /> paid ta thc �rsntor. It thc Property i��equlred by L,ender,GrAnt�r's right tu eny insur�nce poNcies end procceds
<br /> resuldn�trom dam�ge ta the Pmperty betore the eaquWtion shall psws to I.cnder to the cxtent ot thc SCCUred Debt
<br /> immediatrly before Ihe acquN►itic»�.
<br /> 20.. F:�CiiUW Crt)it TAXES AIVU iNSURANCE.Unicr�;utlicrwise provided in a separatc agrccmcnt,Grar.t��r will not
<br /> be nquired to pay ta I,ender fund�s[or texea and innurwnce in cecrow.
<br /> 21. I�INAN(:tAl.�t�tORTJ ANQ ADQI't'(ONAL DOCUMEKI'S.(3rantor will pr�vidc ta l.ender upon rcquest,any
<br /> Cnancial statement or informatbn Lender may deem reasonably necersary.Grantor agress to sign,deliver,And�I�
<br /> any additional dceumenta or certiCcation.�that L.ender may consider necessary ta perfect,continue,and preserve
<br /> Crantor'a obligationa underthi�Security Instrument and Lendcr's lien status on the Property.
<br /> 22. JOINT AND INDIYIRUAI,LIABILiTY;CO-SIGNERS;SUCCF;SSORS ANQ ASSIGNS BOUND.All duties
<br /> under th�s Security Instrument are joint and individual.If Grantor signs thi�Security In.gtrumer_t but does not sign an
<br /> cvid�ncc of deht,Grantor does so only to moxtgagc Cirantar's interest in the Pruperty ta secure payment of the
<br /> �cciiicu^u6i;��►�d C:;+;.:.��d:,:.s na:Mg:�e L�� �nona!!;{�able nn the Secured Debt. If thi.9 Security Instrument
<br /> sccures a guaranty between Lender an�!(3rantor,Grantor agrees to wwive any rights that may prevent Lender from
<br /> bringing any ection or claim against Grantor or any party indebted under the oMigation.These rights may include,but
<br /> ue not limited to,any r►nti�cieficiency ar onaaction laws.Grantor agrees that Lender�nd any parly to this Secyuiry
<br /> T�tnunent may extend,modify or make any change in the temxs of this Security Tnstnwaent or any evidenoe of ckbt
<br /> without Grantor's cons�nt.Such a change wil!not release Gru�tor from the terms of this Security lnstrument.The
<br /> duties and benefiu of this Secur7ty Itutn�ment shall bind and bcnefit tho sRxassors and assigns of Grantor and Lender.
<br /> 23. APPI.ICABLE I.AW;5�VEMBIIdTY;INTERI'RETATiON.This Security Instrumcnt is governed by ihe laws ot
<br /> the jurisdiction in which Lender is located,except to the extent otherwise xequi:ed by the laws of the jnrisdbction
<br /> where the Proporty is Ic►�^.ated.'11iis Security Insmiment is compiete and fuZEy integrated.'Lhis Security Inatrument m�y
<br /> nat be amended or modified by oral agreement.Any section in this Security Instrument,attachments, or any
<br /> agreement related to the Secured Debt that oonflicts with apQlicaMe law vrill not be effeCtive,unless tl�at[aw oxQr�ssly
<br /> or impliedly permits tt►a veriations by written agrcement.If any seccion of tbu Security Instrurn�nt car�not be ei►forsxd
<br /> acr•ording to its terms, thot section will be severed and will not affect the enforcea6ility of the remaiader of this
<br /> Security Instrument.Whenever used,the singular shall incltxk the plural and the plural ihe sinqular.'17u captions and
<br /> headin�s of the sections of this Seciuity Instrument are for convemence only and are nat to be used ta interpert ar
<br /> definr.the terms of this Securitv Instrument.Time is of the essence in ihis Security Instrument. .
<br /> ?d. SUCCESSOR TRUSTEE. I.ender,at Lender's option,may from timr to time remove Trustee and appoint a „�
<br /> ',successor trustee withaut any otber formality xban the designation in writing. Tht successor truatee,without •
<br /> conveyance ot the Yropatty. shall sucteed to.all the title,power and dutie,c coaferted upon Trustee by this Security,
<br /> Instrumeat and applicable law. .
<br /> 25. N�TiCE.Unless othttwise require•d t�y law,any notice shall be given by do.livering it oT by naailing it by hrst ciass
<br /> mail to thc appropria'te.party's address on page 1 of this Security Instnu�rent;ar to any osher address desfgnat�d in
<br /> writing.Noticc to onG,gra►ntor will be deemed to!ic nodr.e to all grantor�.
<br /> Z6. WAIY�RS.Except to the extent prohibited by law,Grantur waives aU appraisement and homcstead azemptan dghts
<br /> relnting tp the Property.
<br /> 27. OTHER T�RM3.If checked,the foll4wing are applicable to this Security Instrumant: .: �,�,
<br /> $X 1,i�e ol Cred;b Tlie Secured Debt includes a revolving iine uf credit provisi�n.Although thc Securtd Deb{��,: •,
<br /> may be redured�to a zero balance,t6is Security Instrument will romaim in effect until releasod.' � ,
<br /> ❑ Cosetruciba l.a�e. This Security Instrument secures an obligation incurred for t4e cax�struction af an
<br /> improvement on the Property.
<br /> [] Ff�chre Mlina.Grantor granfs to Lender a security interest in all goods thet Grantor owns now or in thz
<br /> future and thqt are or w111 become Cixtures related tn the Propetey.This Security Instrument suKces es.a,•
<br /> �inancing staterrient and any carbon,photographic or other reproduction may be filed of record for pumoses
<br /> of Article 9 of t3ie Uniform Commercial Code.
<br /> ❑ Riiero.Tl�e covenants and agreements of esch of the riders checked below are incorpurated into atul
<br /> supplement.aad amend tho terms of this Security Insttument.[Check all applicable boxes] �
<br /> Q Condominium Rider ❑Planned Ur�it Development Rlder ❑Other......................................................:.:.
<br /> ❑ Additloial Terna�
<br /> SIGNA'T[IRES:By signing below,Grantor agrees to the terms and covenants can�tained in thie Security I��strument and in
<br /> any attachments.Grantor a�so acknowledges receipt of a copy of this Security Instrumcnt on the date stated on page 1.
<br /> /'�� . ��,�,p�
<br /> "�r1�E�'+Dil1'�'.l'... .... ...... .... 05 27 98 ....� ��rt!.`.'!.:�-t.'.�-�...05/27/98
<br /> ....................... .. . . ...........!......!..... ........... .......��u.a�.
<br /> (sl6nuurc) y�ILLI1�►M R BLATBR (D�te) (sian�ture) T�Ag� L 3LPITBR �b'�`�
<br /> ACKNOWLEDGMEIYf:NBSRASKA
<br /> STATE OF....................... .. W�►LL ss.
<br /> .... .................................CO QF........,........... I
<br /> ���,�.�, �Ir1Z�t�N"�'�'1�4����4l�►�'I`��,�frf`�6s�ff�`$�.���........dayof.......x�cy....:.:::::::.:::.::.:�:::x�gg:........
<br /> by............................................................................. ................................................. .........................................
<br /> . . ......
<br /> My commission expires: s
<br /> (scal) .... . ......`.�... ....................................................
<br /> A c�ME�t►qt�tr�s�,�e�Nea+:►� "' ' cH«.�r�w���
<br /> � MARN E.KERSTEN
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<br /> O iaw er+�ns syw�rw,hc.s�.aw,a rw�i�wr•zs��1 r•am�-0r�re�w G�4 d 4)
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