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<br /> Unlesa otherwiee egreed In writing, dl inaurance pra.eed��hall be spp8ed to thc rastoraUoa or npair of the Propeny or to
<br /> the Secured Debt, whether or not thrn dur. at 6rneficf�uy'e uptlon. Any applicatlon of proceeds to principal shdl nnt
<br /> extrnd or poetponc the duc d�te uf ttio schedulcd p�ymcnt nor ch�ngc the wnount of my pnyment.Any excex�wiU be p�id
<br /> io the Gr�ntor. If q�e Propeny ifs,�qhi��by, BrneficiuyP 7'ruetor'e right y�ny insuruyce�licles �uid rocceds re�ultiay
<br /> fram d�e to thr Proporty be t qu�eidon sh�ll a�to&n�ficiat� to the extrnt o the Sccured�b►ima�edluel
<br /> before Ide�cqui�ltion.
<br /> 20. F:SCitOW E'Ult'CAXFS AND iNSURAN�F�. Uilll'89 UtllYi'�fiISC NfiOVI(IC(J IIl A 6C�A(wlC 88CCi111L'III,Trustoe wlll not ba �-
<br /> roqufred ta p�y to Heneficiuy funde tor t�ucec�nd iruuruxx in e�crow.
<br /> 21. FINANClAI. REPORTS AND AUDIT[ONAL DOCUMENTS. Tnutor will provide to Beneficiary upon request, any
<br /> tizunci�l eutea�eat ar infor�rution�enefictuy may doem n�eon�bly necessuy.'I�ivsror egrees to aign,deliver,and file suty
<br /> �ddition�l docua�nta or certiflcationa th�t Beneficfuy mtX coruider ar�ce,ssary to perfxt,continue, and prescrve Orantor s
<br /> obligaCione uader thia Securlty Insuwnent md Beneficiary e liea stuua oa the Property.
<br /> 22.JOIIVT AND INUIVWUAI.I.lABI1.ITYi C()-SIGIVERS; SUCCFSSORS AND ASSt�N�BOUND. All dudes uudet
<br /> ttus Sccurity lnstrument are Joint and IndividcW.!f Trustor signs[his Security Instrumrnt but doa not siga en cvidea�;e of
<br /> debt, Trustor does so only to martgage Trusror's interat ia the Pro�xrty to sec:ure payment of the �eeured Debt and
<br /> Tcuatar does not agreu to be persoaally NAbte on the Secured Debt. If this 5txutlty ltut:uir�ent isecwxa u guivanry botween
<br /> Beaeticiuy u�d Trustor,Tnutoragr�as to waive�uy ri�ht�cfi�¢may pmveat Henefici fmm bringiag any+iction or olaira
<br /> u �
<br /> tgaiact Truator or �nypsrty ladebtod under the oblt1 uio�. 'i'hex righta miy uck. but are not lianited to, nyy
<br /> �ati-deficier�cy or one-act3on-lawa. TcusWr agreea that�aeficiuy and aay party w thia Secur�ty Inatnunant may extend,
<br /> modify or m�lce wy c}uage in the tcmm of tl�is SecurltY Iusttumeat or any evideace of debt wlthout Tniawr'e consent.
<br /> Such n chanee will aot nleaae Truator fmm the tem�s ofthls Secudty Iasaiunmt. 'lbe dutiea and benefits of tk�ie Secudty _
<br /> Instmmrnt sTialt bind and bexfit thQ successora aad�ssigaa of'kustor wd Benefici�l.
<br /> 23.APPLICABLF LAW SEVEjtABIL1TY=INTEltPltETATiON.This Securlty Insmun�nt is goveraed by,the tawa of the
<br /> JurLsdiction in which�ficiary is located, ex�to the exteat othenvlse requtcod b the lawe of t�e junsdiction when
<br /> 1t1C pI�OpCIi}I�9 lOC![G(�.�S StCOITIy �I IB AOaapI�C[C� rll�ly �AtC�[iIl�. � $tCll[jry �DSICIIRICAt IpY}�IIOt�1C
<br /> ameadod or modified by oral agnemeat.Any secdoa in tbis Security Instmaxnt attachmeata,or aay tgrament rclued to
<br /> the Secured Debt that conflicta wlth�pplicable law will not be effective,unless t�at law expressly or lmpliodly nermits ihe
<br /> varl�tiaas by writtea agceement.If any sxaon of�hia Security Instrumerit c�nnot be eaforad�coording to ite tarns. thu
<br /> sectioa wlll be eevered wd wili not dfeet the eaforceability oi the reu�ainder of thls Securtty Insnvment.Whenever used,
<br /> the eingular shsll include the plurai end the plural the singular.The capdons�nd hadings of We s�ecuons of this Securiry
<br /> Instrumait are for wavenienoe oNy uid ue aot to be used to interprct or define tl�ee tera�s of thia Securiry Iusuuman.
<br /> Time is of the�ssence in thia Security Iasuutncut.
<br /> 24.SYJCCES.Si)R TRUSTEE. Beaefictuy. at Beneficiary's option,_may.from tlme to tinse remove Tn�ta and�ppoint A
<br /> sucaasor ttuata wtthout any other formaiiry c6an the desiSnacion ui wncing.'Tt►c sucxx�-wr truntca. wtt�iuui u,u�3+�u�Lf
<br /> the P�p�y. shall suocoed to �ll tbe [itle. Power and duues confe�red upaa Tn�stee by this 5ecurlty Instrument �nd
<br /> appl�ble law.
<br /> 25.NOTICE.Unless otherwise requit+ed by law,a��y noda shall be given by delivering lt ar by mailing lt by fisst class mail
<br /> to the appropritte Psuty's addrass oa page 1 �f tLis Socurity Ins�rument. or w any oWer addtess design4ted in wrlttng.
<br /> Notice w one trustor will be deemed w be not�ce to all trustons.
<br /> . 26.WA,IVERS. Except to the exceat prohibiteci by 1aw. Trustor waives all appraisemcat and homcstead exemption riqhte
<br /> relating to the Property.
<br /> � 27.OTAER TERM.St.If cheeketl,she following are applicable w this Securlty Instcumrnt:
<br /> ,�, ❑ Une ot Cr�dit.The Secured Debt includss a revolving liae of credit provis[on.Although the Secured Debt a�y be
<br /> } cednoed w a uro balance,tbis 5avrity Instnuneat w�ll rerosin la effxt until rel¢asod.
<br /> ; p Constructlon La�n.This Security Instrumeat socures an obligadon incurrod for tt►e consuuction of an impruvecnent
<br /> i on the Property.
<br /> ; . ❑ �Ixture FSlin�.Trustor gtants to&neficiary a security iaterest ia al!goods th�t Grantor owns now or in the thture
<br /> ' and that are or will become fixtures relual to the Property. This Socurity Instnmoeat sufficss aa a fiauecing
<br /> ; atuement tad any carbon.pbotographic ur other nproducflon may be filed of ncord for purposes of Article 9 of the
<br /> t Unifoan Cornq�etcisl Code. •
<br /> � ❑ Rida�s.'Ibe covenante aad agroemrnts of exh of the rlders checked below ane incoiporatod into aad suppiem�nt and
<br /> ' aipeiod t1�e temos of this Socuriry Instrument.[Chxk all applicabte 6oxes]
<br /> � �Condominiam Rider 0 Planned Unit Develo�ment Rider ❑Other
<br /> ..................................................
<br /> ❑ Addidonol Tera�.
<br /> � SIGNATURFS:By signing below.Trustor agrees to t�e tem�s and wveaants contained In this Secudty instnunent and in aay
<br /> attachmenta.'hustor also�dmowledges raxipt of a copy of this Security Instrument on the dAto statod on page 1.
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<br /> (Sl�ottuto �•E. Bir�i&T117 (Dttt) tSiyn►turc).�yT. Ns�)
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<br />- ACKNOVYLEDGMENT:
<br /> S'I'A'I'E OF�`T���........:........................ COUN'I'Y OP�k9I,�T�............................................}ss.
<br />_ i�.sm�► 11►is instrument was acknowledged before me this......�$�}......day of..........�k941��a..��2�.................
<br />- by t�,�..�i:..���� �,�t� ���$�............................................................ .
<br />� My commission e p�GENEAALA0TAH1fSUtrol NeDrask� � �.,�C� �� / �
<br />_ 7'HBRY K.RATNMAN ........... . !..l.:.�kC�l./dl.��✓.[�!��........... -
<br />- � ` A1y Op�A.Exp.Oct 21.189I ... (Nonry PuDlk) _
<br />= 0189�CaN�nSYtt�n�.Ine..StCIaW.MN 11�EOGS973�N1 famREDRNF, 1�1Y3/9! � Ipape4o/41
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