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<br /> Unles.g otherwisc agrced i�n writing,all insuranc:c procceds shall bc applied tu thc rcvtorallon ur rcpair of thc Prupert,y
<br /> or to thc Securcd Dcbt.wheth�:r ar not th=n due,a4 I.ender'u option.Any application of procecds to principal shali not
<br /> extcnd ar pastponc th�dae date ot ttae scheduled payment nor change thc amount oi any paymcnt.Any exctss wil!be
<br /> paid W ihe Grant4r.If the PrapeRy ls acquired by Lender,Grantor's right to any insurnnce pol[cios and pracecds
<br /> resultittg[eam da�e to the Property hefore thc ncquisitton ghel!pa�ta Lender to ths:extent of the Secured Debt
<br /> immcdiatoly betara the xcqu�sition.
<br /> 2g, F.SCRpW I++OR TAXFS AND INSURANCE.Unlex�c►thrsrwise pravided in a separate agrecment.Grantor witl not
<br /> be requited to pay to I.enckr funds for taxes and i�stuanc��n escrow.
<br /> Zl. E7NAIVCIAI.REPi1RTS ANLI ADDn'IONAI.i)OCUM�IY�'S•�rantox wi�l provide to Lcnder upan rcquest.any
<br /> firtancial stetement o�infarmation Lender may cleem reasonably neccssary.Grantor a�TCes ta sign,d�livcr,and Gle
<br /> any additional dcxuments or certificatians►hat L.ender may consider neces.gary ta perfect.continue, and preserve
<br /> Grantor's obligarions under this Security Instrurnent and Lendcr's Gen status an the Property.
<br /> 22. JOINT AND lND1V1DUAL I.IABILITY;CO•SIGNERS;5UCCESSORS ANQ ASSIGNS BOUND. All dutics
<br /> under this Security Instn�ment aTC jaint and i��dividual.If Grentor signs this Secucity Ir�strument but docs not sign an
<br /> evidence of debt.(irantor does sa only to mortgage (irxntor's tnterest i�the Property ta sec�ue payment of the
<br /> Secured Debt and(irantor do�s nat agree to be personaQjr liable an thE Secured Debt.If this 5ecunty lnstrument
<br /> secures a gutusnty t�tween Lencler and Grxntor,Grantox agrees to waive any rights that may prevent l.ender from
<br /> hringing any acdoa or claim against(3rentor or aay party indebted euider the obligati�n.'ftu�se riBhts may fnclude,but
<br /> are nat Wnited to,any anti-de�dency or one-action lavr+s.Grantor agrees tl�at Lenci�r and any party ta this S�cucity
<br /> Instrument m�y extend���3'or make any change In the ternu of this Security Instrument or any evidence of debt
<br /> wlthout Orantor's co�sent.Such t►change wiU not release drantor from the terms of this Security Instrumen�The
<br /> duties and bene6u of thiF Sccurity Instrumenl shull bind and bene6t the s��coessors and assigns af Grantor and Lender.
<br /> 23. APPLICABLE I.AW;9EV�RAB1Lii�Y;Alil'1'�iitPREi'A'�1'I�F1.Zltu Security iastrutncat is g��erned by the laws of ,
<br /> the jurisdiction in which T.ender Is located.except to the extent otherwise reyuved by Ihe laws of the jtsrisdiction
<br /> where the Property is located.This Security Iastrument is comple1e and fuUy integratecl.This Security Instrument may
<br /> not be amended ar madit{ed by oral agreemeat. Any sectton in this Secudty Instrument.attachments,or any
<br /> agreement rel�ted to the Secured Debt that conflicts witb appucable law�1i11 not be effective.unless that!aw expressly
<br /> or impGedly perrnits ibe variations by written agreement.If any section nfi this Security Instrument cannot be enf.urced
<br /> aocarding to its terms,that sectfon will be severed and will not affect the enforceability of the remainder of this
<br /> Securitv InsMurtent.Wheaever used,the singular shall inciude the plural and the plural the singular.ihe capdons.3nd
<br /> beadings af the xctions of this Security Instrumont are for oonvemencC vuiy nu�ac� aoi io�ttss�:o iatsr;'T=t�T
<br /> deGne the ternu af this Security Instnunent.Time is of the essence in thqs Security Instrumen�
<br /> � ?,t. SUCCESSOIt TltU$TE�.I.ender,at i.onder's option,may from time to time remove Trustee and appoint a
<br /> successor trustee aithout any other formality than the de cg and daties e�tslffe i'e�e S n Tnistee by this Security
<br /> oonvayanoe of tho PXOporty,shutl�ucceed lu ull the titte,pa• �
<br /> Instrument ead app3icable law.
<br /> ?�i. N0110E.Unkss otherwise required by law.any notice shaU be given�by delivering it or by mailing it by first ctus ,
<br /> mail to thc appropriate party's addres.s oa page 1 of this Security Instrument,or to any other address designaud ia
<br /> ,. writing,Notia to one grantor will be dcemed to be notioe to all grantors.
<br /> 2b, VyA�y�SRS.F.�coept to the extent prodibited by lew.Grantor waives all appraisement and homestead axemption riahts
<br /> relating to tho Property.
<br /> ' �/. pr��R��g,If checked,ttie following are applicable ta this 5ecurity Instrument:
<br /> �(/3�e of C�if.The Secured Debt includes a revolving line o1 credit provision.Althougil�the Secured Debt
<br /> may 6e red}iced to a um balance,this Security Instrument wiq remaui u►�ffect undl released.
<br /> [� Co�tnctioR Loa�.Thls Sec��riry Inatrument secures an obligation incurred far the construction of en
<br /> improvemeat on the Proparty.
<br /> �] pistrce,�s.Grantor grants to Lender a security interest in all goods that Gruntor owns now or in the
<br /> future ancl•that are or will become fvct�ues related to the Property.This Secudty Iastrununt suffices xs a
<br /> �inanuug atatement and any carbon.photographic or other reproducdoa may be filed of record for purposes
<br /> of Arikle 9 of the Uniform Commercial Codc. .
<br /> [] Riden.The coveaaQts end agreements ot each of the riders checked iielow are incorporated intn and
<br /> supplement�nd amend the temu af this Secucity Insm�a►ent.[Check af1 applicable bqxts]
<br /> ❑Condom�nium Rtder ❑Plunnc�l Unit Uevalopment Rider ❑Other..........................................................
<br /> D waaiaoml Tenns.
<br /> gi41!1��A't[�JRES:By signing below,(irantor agce¢s to the te�ac►s and covenants contained in this Security Instrument and In
<br /> a�ryr at:a:��.'�rnents.Grantor also acknowled�ea rc�f�t��a,o�ayr vf this Security Iastrument on the date stated oR,�g¢1.
<br /> I�d�V1�t `��i/l�t� � OS/2Q/98 ._---- ....»»....:.......... ........
<br /> ���,""�•, •.�..SOUT ,A1W1�i� PARTMENTS •LL�D:ie) (Sipumrej.._...._. w����.
<br /> BYs att '�HAYBR
<br /> ACKNOWLEDGMEN'k NEBRASKA COUNTY OF. .�A�k •I�
<br /> STA'1'E OF. ................................ 20TH, ....... .:�4�4�.��.�:..................1.��.�.........
<br /> a.e;�� Thisinstrument was acicnowledged before me this.... .......day ot....... ••••••••••••••
<br /> by IOUi�Lti�N,�PAAtNBMt3i..�:�:�:...bx..Jan...Thayer,,,,,,,,�,1,,,,,....... ............................. ..........................
<br /> My commission expires: �j
<br /> (saq �,ru+M"""'�"'... .................SNotiiyPuWk) . .. ... ...........................
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