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201�����d <br />Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to <br />the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal sha11 not <br />extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid <br />to the Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting <br />from damage to the Property before the acqtusition shall pass to Beneficiary to the extent of the Secured Debt ixnmediately <br />before the acquisition. <br />20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be <br />required to pay to Beneficiary funds for taxes and insurance in escrow. <br />21. FINANCIA,L REPORTS ANn ADDITIONAL DOCUMENT5. Trustor will� provide to Beneficiary upon request, any <br />financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, deliver, and file any <br />additional documents or certifications that Beneficiary maY consider necessary to perfect, continue, and preserve Grantor's <br />obligations under this Securiry Instrument and Beneficiary s lien status on the Property. <br />22. JOINT AND INDIVIDUAL LIABILITYt CQ-SIGNER5; . SUCCESSORS AND ASSIGNS BOiJND. All duties under <br />this Security Instrument aze joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of <br />debt, Trustor does so only to mortgage Trustor's interest in the Propeny to secure payment of the Secured Debt and Trustor <br />does not agree to be personally liable on the Secured Debt. If tlus Security Instrument secures a guaranty between <br />Beneficiary and Trustor, Trustor agrees to waive any rights that may prevent Beneficiary from bringing any action or claim <br />against Trustor or any party indebted under the obligation.. These rights may include, but are not luiuted to, any <br />anti-deficiency or one-action laws. Trustor agrees that Beneficiary and any partx to this Security Instrument may extend, <br />modify or make any change in the terms of this Security Instrument or any evidence of debt wrthout Trustor's consent. <br />Such a change will not release Trustor from the terms of this Securiry Instrument. The duties and benefits of this Security <br />Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary. <br />23. A,PPLICABLE LAW; SEVERABII.ITY• INTERPRETATION. This Security Instrument is govemed by the laws of the <br />� urisdiction in which Beneficiary is locatec�, except to the extent otherwise requu�ed by th�e laws of the jurisdiction where the <br />operty is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be <br />amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to <br />t�e Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or unpliedly permits the <br />variations by written agreeinent. If any section of this Securiry Instrument cannot be enforced according to its terms, that <br />section will be severed and will not affect the enforceability of the remainder of this Securiry Instrument. Whenever used; <br />the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security <br />Insti�ument are for convenience only and aze not to be used to interpret or define the terms of ttus 5ecurity Instrument. Time <br />is of the essence in this Security Instrument. <br />24. SiJCCESSOR TRUS°lEE. Beneficiary, at Beneficiary 's option, ,may . from time to time remove Trustee and appoint a <br />successor tnistee without any other fom�ality than the designa.tion m wntmg. The successor trustee, without conveyance of <br />the Property, shall succeed to all the title, power and duties confened upon Trustee by this Security Instrument and <br />applicable law. <br />25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to <br />the appropriate party's address on page 1 of this 5ecurity Instrument, or to any other address designated in writing. l�iotice <br />to one trustor will be deemed to be notice to all trustors. <br />26. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights <br />relating to the Property. <br />27. OTHER TERMS. If checked, the following are applicable to this Security Instrument: <br />0 Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be <br />reduced to a zero balance, this Security Instrument will remain in effect until released. <br />� Construction Loan. This Security Instrument secures an obligation incurred for the construction of an <br />improvement on the Property. <br />0 Fixture I+�ling. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future <br />and that aze or will become fixtures related to the Property. This Security Instrument suffices as a financing <br />statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of <br />the Uniform Commercial Code. <br />0 Riders. The 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 />� Condominium Rider 0 Planned Unit Development Rider 0 Other <br />------------------------------------------------------- <br />0 Additional Terms. <br />SIGNATLTRES: By signing below, Trustor agrees to the tern�s and covenants contained in this Securiry Instrument and in any <br />attachments. Trustor also aclaiowledges receipt of a copy of this Security Instrument on the date stated on page 1. <br />r , i t� �,. <br />� . , . `. . <br />, , <br />� �� -� --- �� � �j � <br />� �� --t- .�- <br />______________________________ _______ ___ _____________________________ __ <br />__ _____ ______________________ ________z__________________________ <br />�signanue� B e t h E De i d a �vare> (sign�aue) D a n i e 1 J De i d a �na�> <br />ACKNOWLEDGMENT: <br />STATE OF N e b r a s k a -------------------------------------- - COUNTY OF M a 11 ------------------------------------------------- ss. <br />-------- - - - - - ----- } <br />�"`'"�`� This instrument was acknowledged before me this 10th da of A_ r� 1__ 2012____________________________________ _ <br />---------------------- y -p - <br />by Beth__E_Dei_da,__Daniel___J__Deida_,__�1ife__and__Husba_nd _ . <br />My commission expires: 0 5/ 19 / 2 013 <br />�� ------- ---------------------------------------- <br />-------------------,------------------------------------------------------------------- <br />Ke v i n 0 t t m a n ��� ARY - State of Nebraska <br />� KEViN OTTMAN <br />My Camm. Exp. May 19, 2013 <br />�c 1994 Woltera Kluwer Finencisl Servlces - Benkers Systems� Form RE-DT-NE 12/16/2008 (page 4 of 41 <br />VMP�-C165(NE) �o�oal <br />