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<br /> Unless othen�vise agrecd in wrlting,all insurancc procceds shall bc applicd to thc restoratian or repair�f thc Proper�y
<br /> or to the Secured Debt,whetfter or not then due,af Lendec's option.Any appiicntion af procceds to principal shall nat
<br /> extend or postpone the due date of tl�e scheduled payment nor change thc amount of any paymcru.Any exeess will be
<br /> paid to the Grantor,If the Prnperty is acquired by I..endcr, Grantor's right to nny insurance policics flnd praceeds
<br /> resulting irom damage to thc Property bcforc thc acyuisition shall pass to Lender to thc extent of the Secured Debt
<br /> immediately bcfore the acquisition.
<br /> 20. ESCRUW�OEt 1'AX�:S ANU INSUItANt;�;.Unless otherwise provided in a scparatc agrcemcnt,Grantor will not
<br /> be required ta pay to L,ender tunds for taxes and insvrance in escrnw.
<br /> 21. FINANCIAL REPORTS AND ADDI'TIONAL DdCUMENTS.Grantor will provide to Lender upon request,any
<br /> financial stutement or informution Lender muy deem reasonably necessury.Grantor agrees to sign,deliver,and file
<br /> ac►y additional documents or certi�ications that Lender may consider necessary to perfect,conNnue,and preserve
<br /> Grantor's obGgatioi�s under this Security[nstrument and Lender's lien status on the Property.
<br /> 2Z. JOIIVT AND II�IDIVIDUAL LIABILITY;CO•SIGNERS;SUCCF.SSORS A1VI) ASSIGtVS YfOUND.AU duties
<br /> under this Security Instrument are joint and individual.If Grantor signs this Security Instrument but dces not sign an
<br /> evidence of d�bt,Grantor does so only to mortgage Grantor's interest in the Property to se�ure payment of thc
<br /> Secured Debt and Grantor dces not agree to be personaUy liable on the Secured Debt. If this Security Instrument
<br /> secwrs a guaranty betwcen Lender and Grantor,Grantor agrees to waive any rights that may prevent I.ender fro•m
<br /> bringing any action or claim against Grantor or any pariy indebted under the obligadon.These rights may include,but
<br /> are not limited tu,any anti-deficiency or one-action laws.Grantor agrees that Lender and any party to this Security
<br /> Instrument may extend,modify or make any cl�ange in the terms of this Security Ii�strument or any evidence of debt
<br /> without C�rantor's consent. Such a change will not release Grantor from the tem�s of this Securiry Instrument.The
<br /> duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Grantor and Lender.
<br /> 23. APPLICABLE LAW;SEVERABII,ITV;INTERPRETATION.This Security lnstrument is goverried by the laws of
<br /> the jurlsdiction in which Lender is located,except to the extent otherwiss ti•equired by the laws of the jurisdiction
<br /> where the Property is located.This Secunity Instrument is complete and fully integrdted.This Security Instrument may
<br /> not be amended or modified by oral agreement.Any section in this Security Instrument, attachments,or any
<br /> agreement related to die Secured Debt that conflicts with applicable law will not be effective,unless that law expressly
<br /> or impliedly permits the variations bp written agreement.If any section of this Security Instroment cannot be enforced
<br /> accotding to its terms, that section will be severed and wiU aot affect the enforceability oF the remainder of this
<br /> Security Instnunent.Whenever used,the singular sball include the plural and the plural the singular.The capHons and
<br /> headings of the sections of this Security Instrnment aze for convenience only and are not to be used to inter�ret or
<br /> ��fi:.e th�tarms af slsw Securis�I:sstrusz:ent.Tisr.e i�cf tt:e�r.ce in lhis�ctirit�Iss�irssm�ni.
<br /> 24. SfJCCESSOR TRUSTEE.Lender. at L.ender's option.may from tiine to time remove Trustee and appo��t a
<br /> successor trustee without any other formality than the designatioa in writing. The successor trustee,without
<br /> conveyance of the Property,shall succeed to sU tke title,power and duties confened upon Trustee by this Security
<br /> Instrument and applisable law.
<br /> Z5. N01YCE.IJnless othetwise required by law,any notice shall be given My delivering it or by mailiag it by first class
<br /> mail to the appropriate party's address on page 1 of this S°curity Instrument,or to any other address designated in
<br /> writing.Notice to une graator will be deemed to be notice to aU grantors.
<br /> 26. WAIVERS.Except to the extent prohibited by law,Grantor waives all appraisement and homestead exemption rlghts
<br /> relating to We Property.
<br /> 27. U11iER TERM.S.If checked,the fallowing are applicable to this Security Instrument:
<br /> � I.ioe ot Credit.The Secured Debt inclucles a revolving line of credit provision.Although the Secured Debt
<br /> may be reduad to a zero balance,this Security Instrument will rcmain in effect until released.
<br /> ❑ Coeetruction Lo�o.This Security Instrument secures an obligation incuned for the construction of an
<br /> improvement on the Property.
<br /> ❑ Fiatue ir'ilin�.Grantor grants to I.ender a security interest in a�l gaods that Grantor owns now or in the
<br /> future and that are or will become Cixtures related to the Property. This Security Instrument suffices as a '
<br /> �,nancing statement and any carbon.photographic or other reproduction may be filed of record for purposes
<br /> of Article 9 of the Unifaxm Ccimmercial Cade.
<br /> ❑ Riiere. The covenants and agreements of each of the riders checked below are incorporated into and
<br /> suppl�ment a��d amend the terms of this Security Instrument.[Check all applicable boxes]
<br /> C7 Condominium Rider ❑Planned U�it Development Ric:er ❑Other..........................................................
<br /> ❑ Additjooal Te�ms.
<br /> SIGNATURES:By signing below,Grantor agrees to the terms and covennnts contained in this Security Instrument and in
<br /> any�hn nts. rantor also ackno es receipt of a copy of this Security Instrument an the date stated on page 1.
<br /> .
<br /> C��GV�!!;!�vlt,�tvr..�4�.....................06/..1.1.�97. ......................................................................................................
<br /> (Sisn�turo) ,,,,,� (Datc) (Slgnamrc) (Date)�
<br /> inii�ia.i� A1LLlAA nanii
<br /> ACIQ�IOWLEDGMEN7:
<br /> STATE OF. NBBRASKA .COUNTY OF........HALL ................... .?ss.
<br /> «^d�� This instrum.en¢was acknowled ed before me this....1,1TH ,,,day of.......JUNE. . . 19��'�.
<br /> ....
<br /> byPAilICL,�If;L1AN,1r/11../M.U�MA...1ED PEl30Ai................ .... .......................................................................................
<br /> ...... ..........
<br /> M commission expires: � ,
<br /> � � -
<br /> CENEtf�l`N �ANr• . . . ...........
<br /> ��I!Of N!D►1SMi ( otnry F'ublic)
<br /> KATHLEEN A SCFM.A�Hi�R
<br /> My Co�w.�0.�Yl,2000
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<br /> O�oa ow.r.sy�nn.,r,c.,s�.aoua,�w���eooav�•2sn�ram r��ur�r�er�w �� (AeDe 4 oi�)
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