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20120377� <br />D. Trustor shall immediatel}� notify Beneficiary in writing as soon as Trustor has reason to believe there is any pending <br />or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous <br />Substance or the violation of any Environmental Law. <br />12. ESCROW FOR TA,XES 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 />13. JOINT AND INDIVIDUAL LIABILITYr CO-SIGNERS; ,SUCCESSORS AND ASSIGNS BOUND. All duties under <br />this Security Instrument are joint and individual. If Trustor signs this Security Instrument but does not si n an evidence of <br />debt, Trustor does so only to mortgage Trustor's interest in the Prope to secure payment of the �ecured Debt and <br />Trustor does not agree to be personally liable on the Secured Debt. If this�ecurity Instrument secures a guaranty between <br />Beneficiary and Trustor, Trustor agrees to wa�ve any rights that may prevent Beneficiary from bringing any action or claim <br />against Trustor or any �arty indebted under the obligation. These rights may include, but are not lumted to, any <br />anti-deficiency or one-action laws. The duties and benefits of this Security Instrument shall bind and benefit the successors <br />and assigns of Trustor and Beneficiary. <br />14. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This Security <br />Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or <br />an}: agreement related to the Secured Debi that conflicts with applicahle law will not be effective, unless that 1aw expressly <br />or impliedly permits the variations by written agreement If any section of this Security Instrument cannot be enforced <br />according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security <br />Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of <br />the sections of this Securit�+ Instrument are for convenience only and are not to be used to mterpret or define the terms of <br />this Security Instrument. Tune is of the essence in this Security Tnstrument. <br />15. SUCCES50R TRUSTEE. Beneficiary, at Bene�ciary 's option, , may , from time to time remove Trustee and appoint a <br />successor trustee without any other formality than the designation in writing. The §uccessor trustee, without conveyance of <br />the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and <br />applicable law. <br />16. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by �rst class mail <br />to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. <br />Notice to one trustor will be deemed to be nottce to all trustors. <br />17. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights <br />relating to the Property. <br />18. LINE OF CREDIT. The Secured Debt includes a revolving line of credit. Although the 5ecured Debt may be reduced to a <br />zero balance, this Security Instrument will remain in effect until released. <br />19. APPLICABLE LAW. This 5ecurity Instrument is governed by the laws as agreed to in the Secured Debt, except to the <br />extent required by the laws of the junsdiction where the Property is located, and applicable federal laws and regulations. <br />20. RIDERS. The covenants and agreements of each of the riders checked below are incorporated into and supplement and <br />amend the terms of this 5ecurity Instrument. <br />[Check all applicable boxes] <br />❑ Assignment of Leases and Rents ❑ Or.her ............................................................................................. <br />21. � CONSTRUCTION LOAN. This Security Instrument is a construction security interest which secures an obligation <br />incurred for the construction of an improvement on the Property. <br />22. ❑ ADDITIONAL TERMS. <br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in any <br />attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. <br />w .... �%����1.� .. ... ........... �: j �� .. ..4 .................................................. <br />(Sig ) (Dacc) (Signatvre} - (Datc) <br />anet L Hartmann Kent L Hartmann <br />ACKNOWLEDGMENT: <br />STATE OF ..... Nebraska COUNTY OF ......Hall,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,} ss. <br />............................ <br />(Individuaq �is instrument was acknowledged before me this ......9th......... day of ...A,pri1..,,,,,,,2011,,,,,,,,,,,,,,,,,,,,, <br />by .... Janet„ L, Hartmann, Kent , L„ Hartmann ........................................................................ . <br />My commission expires: <br />� <br />G�9d�Al. NOT�RII • State of Nebraska . . . . . . ���. . . .. . . . . . . . . . . . . . :. •M . . . . . . . . . . . .. . . . . . . . . . . . . . <br />( otary Public) <br />WWRLAK. HARRIS Marla rris <br />My Comm. Exp. Ju1 8, 2013 . <br />er "' p 1994 Bankers Systems, inc., St. Cloud, MN Form OCP-REDT-NE 1/31 /2003 (pege 4 of 4/ <br />