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<br /> ;s•,r ; LJnlcss otherwise agreed in writing,nll insurance proceeds sl�all be npplied to the restoruti��n ur rcpair of Uic Property -
<br />- '�'''�'�� or ta the Secured Debt,whetheror not then duc,at I.�nder's option.Any applicat►on of pracecds to principal shall nat
<br />''�{ �`' �� extcnd or postpone the due date of thc scheduled paymcnt nar changc thc amount of any paymcnt.Any exccss will t�c
<br /> ';;:�'';,,, paid to the Grantor. If the Property is acyuired by L.ender, Grantor's right to any insuranc� policies and proceeds
<br /> '''��1�° resulting trom damagc to thc Propeny befarc the acquisition shall puss to Lcndcr to thc extcnt of thc Secured Aebt
<br /> w, ,� immediatcty Ucforc thc acquisition.
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<br /> 2(►. ESCROW FOR TAXES AND INSURANCE.Unless othenvisc providcd in A separatc agrecmcn�,Grantor will not
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<br /> -��� bc required ta pay to Lender funds for taxes and insurance in escrow.
<br /> 21. F[NANCIAL REPORTS AND ADDITIONAL DOCUMENTS.Grantor will provide to Lender upon request,any
<br /> fnancial statement or information l.ender may deem reasonably necessary.Grantor agrees ta sign,dcliver,and file
<br /> _. • _,.,� any additional documents or certifications that I..ender may consider necessary to perfect,continue,and pr�servc
<br /> Grantor's obligations undcr this Security Ins*.rument and I.ender's licn status on the Property. _
<br /> +���� 22. JOINT AND INDIVIDUAL LIABILITY;CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND_All duties
<br /> -h " under this Security Instrument are joint and individuaL If Grantor signs this Security Instrument but dces not sign an
<br />"'E=�`i��'` evidence af debt,Grantor does so only to mortgage Grantur's interest in thc Property to secure payrnent af the
<br /> ''4t�`�"`"'" Secured Debt and Grantor does not agrec to he personally liabie on the Secured Debt. If this Secunty ]nstsrument
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<br />�5i�`�"" secures a guaranty bet�veen L.ender and Grantor,Grantor agrees ta waive any rights that mAy prevent L.ender om �.
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<br />,,i,�,,i�. bringing any actian or claim against Grantor or any pr►rty indebted undcr thc obligat�on.These rights may include,but �.
<br /> .:,.�ti. .�. - are not limited to,any anti-deficiency or one-action laws.Grantor agrees that Lender and any party to this Security
<br /> •_;•� Instrument may extend,madify or make any change in the terms of this Sccurity Instrument or any evidence of debt __
<br />`�;r : without Cirantor's consent.Such a chan�e will nat release Grantor from the terms of this Security Instrument.The
<br /> _,'f:r�� , duties und beneCits of this Security Instrument shaU bind and benefit the successors and assigns ot'Grantor and Lender.
<br />:,' 23. APPLICABLE LAW;SEVERABILITY;INTERPRETATION."Chis Security Instrument is govemed by ihc laws of
<br /> ���` , the jurisdictian in which Lender is located, except to the extent otherwisc required by the laws of the �urisdiction
<br />'� _- where the Praperty is located.This Securiry Instrument is complete and fully integrated.This Sccurity Inst7ument may
<br /> -=_��'�� not bc nmended or modified by oral agreement. Any section in this Securiry Instrumcnt, attuchments, or nny
<br />__.__��� ngreement relatcd to the Securcd Debt that contlicts with applicable law will nc�t bc effectivc,�nless that law expressly
<br /> or implicdly permits the variations by written cigrecment.lf a�y secti��n of this Security inslrument cannot I+c enforced
<br /> -�'��1 nccordiag to its terms,that secti�n will be severed und wiil not aftcct the enforccxbility of Qic remuindcr of Ihis
<br /> _;;�� Sccurity Instrument.Whcnever uscd,the singular shall includc tlte plurAl und thc plural thc singular.Thc ceptions ond
<br /> — fr���ln�ni che sections of this Securiry lnstrument ure for canvenience only anJ nre nat to be used ta inter�ret or
<br /> -- -- deGne the terms af this Securiry Instrument.Time is ot ti�e ess�:nct:in ihi�Sa�uity Is�sirument.
<br /> - -�� 24. SUCCESSOR TRUSTEE. I.cnder, at Lender's optian,may from timc to time remove Trustce and appoint a
<br /> successor trustee without anyai��ucceed t a t thedtitle,power�and dut c con�fcrred up nCTrustee by this Secur ty
<br /> convcysncc of thc Property. sh
<br /> [nstrument and applicable law,
<br /> 25. N0110E.Unless otherwise required by law,any notice shall be given by deGvering it or by mailing it by first class
<br /> mail to the appropriate party's address on page 1 of this Security Instrument,or to any other address designated in
<br /> tivriting.Notice to one grantor will bc deemed to be notice to all grantors.
<br /> ��-- Z6. WAIYERS.Except to the extent prohibited by law.Grantor waives aU appraisement and homestcad exernption rights
<br /> relating to the Property.
<br /> 2"/. OTHER TERMS.If checked,the following are applicable to this Security Instrument:
<br /> X� Line ot Credit.T'he Secured Debt includes a revolving line of credit provision. Although the Secured Debt
<br /> �� may be 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 /> ❑ Fixture F'iling.Grantar grants to Lender a security intorest in all gouds that Grantor owns now or in the
<br /> future and that are ar will become �xtures related ta tlie Property.This Security Instrument suffices as a
<br /> Cnancing statement and any carbon,photographic or othor reproduct�on may be filed of record for purposes
<br /> ---
<br /> of Article 9 of the Uni[orm Commercial Code.
<br /> ❑ Ridere.The covenants and agreements of each of the riders checked below are incorporated into an
<br /> . supplement and amend the terms of this Security Instrument.[Check all applicuble boxesJ
<br /> ❑Condominium Ridcr ❑Planned Unit Development Rider ❑Othcr..........................................................
<br /> -- ❑ AddiHonal Terms.
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<br /> ��+r�:? SIGNATURES:By signing below,Grantor agrees to the terms and covenants contained in this Security Instrument and in
<br />•��:��;_:��� any attach ents.Gruntor also ack dges receipt of a copy of this Securiry Instrument on the date statedon page 1.
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<br /> ,--.-',ry� (si uro)� J�iRY POLLARD �.,_ , .-�--- • c�Ai�.� � .,��..,.... -
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<br />- ` " ` ACKNOWLEDGMENT�EBRASKA C(�(�I�TY OF HALL �ss: _
<br /> � S'fATEOF............................................................. .................Al'lGUST.................•i�'97.... _
<br /> . , . � <��ama�.n Th�dQsb�llnnu Al�a�l�i�IN���l�AROCdlIU56���NT�S.......................day of........,............................ • ....... . _
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<br /> . My commission expires: • �
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<br /> Senl � (Notnry Pubfic)
<br /> �lNQ1ARr31�le M�co4rask�
<br /> _,: �r.ra•: :� ; � �,ABRINAPHIf i'S �
<br /> •. �.� �bTm Eap N�rch 11.1Q01 �
<br /> "'�.. , ., (Pa9e 4 0l 4)
<br /> O 1996 B�NcM Syetan�.Int.St_Cbud.MN II-BOP397•2�41)Fortn RE�T•NE 6�BI8�
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