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-�;� _..__. :,�;; -�-----= .. . ' -:r��; -_ .:'!�� . ._ , _:s!.ylil�� - . .. _. rlfC.�i�, .:.:X�� I H '•� ^ "^w1 . IAttr;�,� , � )�� �.- ' " '� ` '� � -`.��._--� - - ��7�;r..... ' . • , . ...r..•�. ,L�.�t�1lhNilr/��_�i 514t :'l,':fi�, :i-�a i�� '.1�4�� '_ . . . .�( ��c sj. .."� . il:�yL'_:.�.�.'�`' _'e2Q'. l�s�eoiwniw�rivri+.....-.... _'—,� . _�__ �,i:iei.i�t±:i1C!� xf_.c_..._. .._... _ .. � �'� 10'�'795 Unless othenvise agrced in writing,all insutance pracecds shall be applied to the restorati n ur repair of the Properiy ar to the Secured Debt,whether or not then due.Rt Lender s opti4n.Any applicatton of proceeds to principal shall not extend or postpc�nc the due dAte of thc scheduled payment nar chan�e the amount of any payment.Any cxcess wiU be paid to the Cirantar. If the Yroperty is acquired by Lender, arantor's righl to any insurancc policiea and proceeds resulting from damage to thc Property before the acquisition shall pass to Lender to the extent of thc Sccured Debt immediately beture tlie acquisition. � 20. ESCROW FOR TAXES AND iNSURANCE.Unless othenvise provIded in a separate agreement,Grantor will not be requiresd to pay to Lender funds for taxes and insurance in escraw. 2L F�IANCLAL REPOR'15 AND ADDITIONAL DOCUMENTS.Grantor will provide to Lender upon request,any financial statement or information Lender may deem reasonably necessary.Grantar agrees to sign,deliver,and file any additionn:documents or certtCtestions that Lender may conslder necessary to perfect, continue.and preserve Grsntor's obUgations under this Security Instrument and L,ender's lien status on the Property. 22. JOIIVT AND INDIVIDUAL LIABILITY;CO•SIGNERS;SUCCESSORS AND ASSIGN3 SOUND. All dutfes under this Security Inscrument ars Joint and individual.If(3rantor signs this Securlty Instrument but docs not sign an evidence of debt,arantor does so only to mortgage Grantor's interest in the Property to secure psyment of tha Secured Debt and C3rantor daes not agree to be personally llable on the Secured Debt. If this Securlty Instrument secures a guaranry between I.ender and Grantor,Grantor agrees to waive any rights that may prevent L.end�r from briaging any action or claim against(irantor or any party indebted under the obugation.These nghts may include,but are not limited to,any anti-defic�ency or one-act[on laws.Grantar agrees that I.ender and any party to this Sectuity Instrument may extend,modlfy or make any change in the terms of this Security Instrur�cnt or any evidence of debt vvithout Grantor's consent.Such a change wiU not release Grantor from the terms of this Security Instrument.The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Grantor and Lender. 23. APPLICABLE LAW;SEVERABILITYi INTERPRETATION.This Security Instrument is governed by the laws of the jurisdiction in which Lender is located,except to the extent athenvise requlred by the laws of the jurisdiction where the Property is located.This Security Instrument is complete and fuUy integrated.This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument,attachments. or any agreeraent related to the Secured Debt that conflicts with Applicable law wiU aot bc effective,unless that law expressly or impliedly permits the variatians by written agreement.If any section af this Security Instrument cannot be enforced according to its terms,that section will be severed and will not affect the enforceability of the temainder of ttus Security Instrument.Whenever used,the singular shall include the plur�l and the plural the stngular.The captions and ��g; Qf��Q��f thic Cecurity Instrument are for convenience only and are not to be used to intorpret or define the terms of this Security Tnstrument.Time is of the essence in this Securiry lnstrument. 24. SUCCESSOR TRUSTEE.Lender,at Lender's optton,may from time to time remove Trustee and appoint a successor trnstee without any other formality than tbe designation in writins. The successor trustee,without conveyance of the Property,shaU succeed to all the title,power and duties conferred upon Trustee by this Security Instrument end applicable law. 2S. NO'iqCE.Unless othenvise required by law,any nottce shaU be given by deliveriag it or by mailing it by tust class mail to tbe appropriate party's address on page 1 of this Security Iastrucnent,or to any other address desigttuted in wridng.Noticce to one grantor will be deemed tn be notice to all grantors. Z6. WAIVERS.Except ta the extent prohtbited by law.Grantor waives all appraisemeat and homestead exemption rlghts � relating to the Property. Z7. O'1'HER TERMS.If checked.tl�e following are appltcable to this Securiry Instrument: 7� I.i�e of Credit.The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance.this Security Instrument will remain in effect until released. C1 Co�struction Loae.This Secudty Instrument secures an obligatton incune�for the construction of an improvement on the Property. ❑ F'�t�re Filin�.Grantor grdnts to Lender a securiry interest in all goods that Grantor owns now or in the future and that are or will become fixtures related to We Properry.This Security Instrument sufCeces as a financing statement and any carbon,photographic or other reproduction may he filed of reoord fnr purgnses of Artide 9 of the Uniform Cr�mmeraal Code. ❑ I:Wers.The covenants and agreements of each of the r�ders checked below are incorporated into and supplement and amend the terms of tlus 5ecurity Instrument.[Check all appllcable boxes� ❑Condominium Rider ❑Ptanned Untt Development Rider C�Other.......................................................... ❑ AddNio�al Terme. — 5IGNATURES:�y signing beiow,Grantor agrees to the terms and c.ovenunta contained in this Securlry InstrumeM attd in any attachme ts.f3rantor also ac owledges receipt of a copy of this Security Instnunent an the date stated on pAge 1. s?��! •�9�15/97 � ............... �... .d.l�l�'.�11.... ....... ..... ....��M��....�fi�a��a�l� 09/15/97 .. ... .. .. ............ ..... . .. ••In.e.� (Signaturo JER�Y PGLLARD �""°� `"�""""' tSLA1P� YVLLI'LLCL �-- ' �. ACKNOVNLEDGMEIVT�EBRASKA HALL STATHOF..............................................................CO�I�C OF..................S'1.�'I'E1�lr........'199T..)ss. ��a„na�.n Th��t I��S��1�POLGrn��d IUSruru'�D�Q:....................day of.............................,................................. b .............. ............................................................... .......,,............................... ......,................................. ..... _ My commission expires: �� �s�,� ... . .. . . . ............ (Not�ry Pub(ic) �NERAt NOtARr•st�te a NebnM� ' NAIHLEEN A.SCHUICHT[R ' °.;,�; Ily Co�.bp M�y 21.Y000 O tOW Brrnn bYM��Yio..St.C1oud�MN(1-000�'fo7•23�11 Foren RE�Dt�NE EI6N1 (P��01,)