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<br /> Unless othervvi�c:a�reed tn wdting,ell insurance proceeds shi�ll hc: 3pplied ta thc restorAtion or rcpvir at thc Pru}serty
<br /> or to tho Sccured I3ebt.whethcr or nal Ihen due,at I.ender's optton.Any upplication of proceeds to principa!shaU nat
<br /> cxtcnd ar�tpone the due detc ut Ihe�scheduled payment nor changc thc amount uf any payment.Any�xcess will bc
<br /> paid to the drantar,If thc Praporiy is ucquircd by l.ender, (3rantor s dght to any insurance poliries and proceeds
<br /> reaulting from dam�ge to thc i'roperty betorc the acquisitiun shali pass to Lender ta thc cxtent of the Sccured Debt
<br /> immcdietcly bcforc the eoquisitian.
<br /> 20. ESCROW t"OR TAXR�:9 AfVU�A19URA►VCE.Unless otherwisc pmvided in a scpArute agreement.rrnntor will not =-
<br /> be required ta pay to L.endcr fLnds far taxes and insurance in escruw.
<br /> �� �H�ntrr�t.u�P[IRTS AND ADDI'I1�NAL I10CUMEIV't'S•Urantor wUf providc ta L.cndcr upan requcst.any
<br /> � Cnancinl stetement or informatton I.endcr may decm rcasonatly necessary.�ranior sgrec� �u sign,�GUYCI���►.: ►'un -
<br /> Any nddltIonel documents ar certifications thet Lender may con�ider necessary to perfect. cantinue,and prer,erve
<br /> Grnntor's obllgalioru under this Security Instrumcnt and Lender's lien stetus on ttie P'rapeAy.
<br /> �Z. JOINT AND IPIDMDUAL LIASILITY;COSIGNERS;SUCCES90�iS AND ASSIGNS BOUND.All dutics
<br /> under this Securtty Insirument are�oint nnd indlvtdual.If Grantor signs this Security Instnunent but does not sign pn
<br /> evidence of dcbt.Orantor dces so only to mortgage Grantor's interest �n the Property ta secure payment of the
<br /> Secured Debt and orantor does not agree to be perscwu.aUY liable on the Secured Debt.If tMs Secunty Instrument
<br /> secures a guaranty bctwcen l.ender and Grant�r.G.rrcet�rr, agrces to waive any rights that may pravent L.cnder[tom
<br /> bring�ng any actjan or claim against Grantor a�any party��Sebted under the obljgation.These nghts may include.but
<br /> are not limfted to.any enti-deSciency or oi►�e-acticm lav�s-�ixantor agrecs tbat [.eadcr and uny party to this Secutity
<br /> lnstnsmcnt may�xtend��d�Y or make�n�g change in tF��tarms ot this Security Instrurnent or any ovidcnce of debt
<br /> without�rantor's to�sent.Such a change will not rciease Grantor from the terms of tl�Secudty Instrument.The
<br /> duties and benEfits of this Security Instrument s6all bind aad benefit the suocessors and assigas of Gruntor and Lender.
<br /> 23. APPLICAdLE I.AW=SEVEitABILITY;INI'ERlRE�'ATION."Ihis Security Instrurttent is governed by the laws of
<br /> the jurisdiction in which L.ender is located.except to¢@►�extent athenvise required by the laws of the�urisdiction
<br /> whcre the Property is located.'R►is Security'Instrument is wmplete and fuUy integrated.This Secur�ty Instrumeqt may
<br /> not be amended or modi�ied by oral agreement. Aay section in this Security Instrument. attachments,ar any
<br /> agteemcnt related tu the Secured Debt tha3�mfi�ts with appljcable law will not be effeciive,unless that law expressly
<br /> or tmplkdly pertntts We vareatoo�s by R�ttexn�reeee�en�If any section of this Seaurlty Instrument cannot be enforced
<br /> acrnrding ta i�c terms,that secciom wiol be se�-ese����wi11 not affect the enforceability of the reraainder of tlus
<br /> Security InstrumenG Whenever used.the sirngular s�C4 i�mzlude the plural and the plural the singulur.11�e captions and
<br /> headings of We sections of th�Sectuihs 6rcrV't+n�em�are for c:onvenl�nee only and are not to be used to inteepret or
<br /> ;��n�iS�:,i^rn��tih�c�._.::.,r���..��.��s.;r�,Mxr is�i'the essence in t�is Security Instn�uen�
<br /> ?� SllCCESSOR TRllSTEE„Q�c�er.at L�:uac5:a's�ption.may from time to time reraove Trustee and appoint u
<br /> s�ssor trustec withov�t a�y�other foraiality than the deslgnation in writirzg.The successor trustee.without
<br /> �anveyance of the Properry,snaU suceeed Eo all the title,power aad duties confened upon Trustee by this Securlty
<br /> Instrument and�pplicable Isw.
<br /> 25. NO'RCE.Udt�s othenvise required 6y law,any notice shaU be given by delivering it or by mailing it by flrst class
<br /> mai!to the appropriate party's address on page 1 of this Security Instrumeat,or to aay other Address desigaated ia
<br /> writiag.Notioe to one grantor will be deemed to be notice to aU grantors.
<br /> 26. WAIVERS.Except to the extent protdbited by law.Grantor waives ull appraisement and domestead exemption rights
<br /> relating to the Propetcty.
<br /> 27. p'(HER 1ERM.S.If c6ecked,the followiag are applicable to this Securiry Instrumenx
<br /> j� U�e o[C�eik.'Itie Secured Debt includes a revolving line of credit provision.Although the Secured Debt
<br /> may be reduoed to a zero balance.thts Security Instrument will remain in effect until released.
<br /> ❑ Co�tnctia� I.oaw•This Security Instrument secures an obligaUon incuned for the coastruction of an
<br /> • improvement on the Property.
<br /> ❑ FEYI�re P1ir�.Grantor grants to L.ender a security[nterest in all goods that Grantor owas now or in thc
<br /> f�t�•+_�tnd tl��t ase or will becx�me fixtures related to the Property.This Security Instr�tment suffices as a
<br /> financing statement and any carbon,photogaphic or athet reproduction may be filed of record far purposes
<br /> of ARic1e 9of the Unifdra►Commercial Code.
<br /> ❑ Riice�.The covenants and agreements of each of the riders checked below are incorporated into and
<br /> supplement and amend the terms of this Security Instrument. [Check aU applicable boxes]
<br /> ❑Condominiu�t Rtder ❑Planned Unit Development Rider ❑Other..........................................................
<br /> O w�iitlo�alTenis.
<br /> SIGNA'IURES:By signing below,Grantor agees to the terms and covent+ncs contairt�d in tiils Security Instrument and in
<br /> any attachments.Grantor also acknowledges rcceipt of p copy of tdis SeCwity Instn+ment on th�date stated on page 1.
<br /> ....�j.,.... .... ...:srt�..$..��..SL.97 ..........................................................................................
<br /> .............
<br /> (Sia �ture) .....Q..,,,,� . �,n.+iru�on (Date) (SigWturc) (Dyte)
<br /> - LVt�t�a ira n a.wnsava.a•
<br /> ACKNOWLEDGZNEN'liNfiBRASKA HALL
<br /> STATEOF ..............................................................COl3N'1'1l OF..........................,............................. . �
<br /> «��� Tl�' instaua�e t wa acknow ed ed beforc me this 25TH day of.......AUt3UST ...�.997.,,.�.
<br /> • g ............... ....... ................
<br /> ay�O�crr�.A_cScuo��..T�nSte.......................................... .. ............................................._.........................................
<br /> My rnmmission expires:
<br /> (Seal) " �(Na�ry PuDtic) ....••.....•••••
<br />-- iE11EA�lMOT�kY•St�teo�Mcbrut� '
<br /> �KAIHLEEM A.SC►iIACMTER /a,�
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