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<br /> k ,�. Unlccs othcnvisc agrccd in writing,nll insurnncc procceds shell hc upplicd to thc restaration cir rcpair of thc Prc�rc:rty
<br /> y ar to the Sccured Debt,whether or not thcn due,�it l.ender'ti optinn.Any applicution uf pr�xecds to principal shi�ll not
<br /> extend or post{+nne the duc dnte of the scheduled payment nor chimge the nmuunt uf any pnymcnt.Any exces,r•will hc
<br /> . �� paid to thc Gruntor. U thc Propr.rty is acquired by l.c:nder,(ir:+ntnr's right to uny insurnnca pulicics:►nd pr�xecds
<br /> ' resaldns from d�m�ige to thc Property hefore the acyuisition shnll pt►ss to I.cnder tn thc extent uf thc Securcd Debt
<br /> +� immcdiatcly tn;forc:th�acquisiUou. c
<br /> 20. BSCROW FOR TAXES AND IIVSURAHCE.Unless dhcrwise prnvidcd in n sepurutc agrccment.Grl�mur will not
<br /> bc rcquired to pay to Lender fundti for tuxes i+nd insurance in cscruw.
<br /> 21. FINANCIAL REpORTS AND ADD1170NAI.DOCUMEN'1'S.Gruntor will pr�widc to l.cndcr upon mquctit,uny
<br /> �� A financial statement or information l.ender mey deem rcasonably neeessary. Grantor agrecs to sign,deliver,imd filc
<br /> � ..w eny ndditional documents or certificAtions thnt[.endermay consider neccssary tu perfcct, continuc,and presctve
<br /> � ' Grantor's obligations unaer this Security instrument and Lender's licn st�►tus on the Property.
<br /> 22. lOINT AND 1NDIVIDUAL I.IABILITY;CO•SIGNERS;SUCCESSORS AND ASSIGNS iiUUND.All dutics
<br /> ;.. � • ', under this Security Instrumcnt are jotnt and individunl.lt Grantar signs this Security Instrument but does not sign an
<br /> �� °'� ; •.± evidence of debt, Grantor does so only to�nartgage Grantoi s interest in the Property to secure payment af thc
<br />��=�"'�� ' S G C U r e d Debt and Grantor does not agree to be pets�onally liable on the Secured Debt.It this Sccurity Instrument
<br /> ��,.:.'_-;�X',1�. secures a guatanty between Lender and Grantor.Grantor agrees to wuivc a n y r i g h t s t h a t m a y p r e v e n t L c n d e r fr o m
<br /> -q�� .''` . , bringing any acuon or claim against Grantor or any party indebted undcr the obligation.Thesc:rights may include.but
<br />_ ,•;,,,}.;�
<br /> are not limited to,any anti-deficiency or one•action laws• (irantor agrees that Lender s�nd any party to this Securiry
<br /> :�K.,.,f';��,w:` Instrument may extend,madify or make any change in the terms of this Security instrumcnt or any evidencc of debt
<br /> �• ?�• •�'-: without Grantor's consent.Such a change will nat release Grantor from the tcrms of this Security Instrument.Thc
<br /> - � � ' duties and beneftts of this Security Instrument shaU bind and benefit the successors and assigns af Grantor and I.ender.
<br />-��J.;;;t+::?;,�. Z3. APPLICABLE LAW;SEV�RABILI'I'Y+INTERPRET'�TION.This Securiry Instrument is governed by the laws of
<br /> '`- � �.� � the juiisdiction in which Lender is located, except to the extent otherwise required by the laws of the jurisdiction
<br /> .�. ',;.. _.
<br />--�'2i'�t whcre the Property is located.This Security Instrument a complete and fully integrated.This Security nstrumenY may
<br /> ��.cr ni y:.{-
<br /> -=a:�'�:''� not be amended or modi�ed by oral agreement. Any section in this Security Instrument,attachments.or any
<br /> --ui�� agreement related to the Secured Debt that conQicts with applicable law will not be effective,unless that law expressly
<br />--_-' '+� _ or impliedly permits the variations by written agreement.If any sectian of this Securiry Instruraent cannot be enforced
<br /> "'�"s��..'- according to its terms,that section wiU be severed and will not affect the enforceabiliry of the remainder of this
<br /> =-=��mr'� Security Instniment.Whenever used,the singular shall include the plural and the plaral the singulaz.Thc captions and
<br />-- -- ---- h�adinb..of t�e s�zt�ers of�h�a Security Instrutttent are for convenience only and are not to be used to interpret or
<br /> --� -° -� define the terms uf this Security Instrument.Time is of the essence in this Secunty Instrument.
<br /> �� 2,4�SUCCESSORT1tUSTEE.Lender,at Lender's option.may from time to time remove Trustee and appoint a
<br /> ---- successor trustee without aay other formality than the designation in writing.The successor trustee.without
<br /> conveyance of ttie Property,shaA succeed to aq the title, power and duGes confened upon Trustee by this Securlty
<br /> Insuument and applicablc law.
<br /> 25.NOT'ICE. Unless othenvise required by law,any noticc shall be�iven by delivering it or by mailing it by fust class
<br /> mail to the appropriate parry's address on page 1 of t6is Security Instrument,or to any other address designated in
<br /> _':2— wtiting.Notice tc�one grnntor wili ix:deeuiCJ to be noUCC to�!!gt�ttors. -
<br /> 26, WAIVERS.Except to the eactent prohibited by law.Grentor waives all appraisement and homestead exemption rights
<br /> relating to the Property.
<br /> 27, 01HER TERNIS.If checked.the following are appllceble to this Securiry Instrument:
<br /> � Liae ot Credit.The Secured Debt includes a revolviag line of c�redit provisior�.Although the Secured Debt
<br /> may be reduced Eo a zero balance,this Security Instrument will remain in effect unti!released.
<br /> ❑ Coastnetion Loan.This Security Instrument secures an obligation incuned for the coastructioa of aa
<br /> improveinent on the Property.
<br /> ❑ Fixture F'ilin�.Grantor grants to Lender a security interest in all goods that Grantor owns now or in the
<br /> future and that are or will become fixtures related to the Property.This Security Instrument suffices as a
<br /> ftnanciag statement an�any carbon,photographic or other reproducUon may be filed of record for purposes
<br /> of Article 9 of the Uniform Commercial Code.
<br /> ❑ Riden,The covenants and agreements of each of ihe riders checked below are incorporated into and
<br /> supplement and amend the terms of this Security Instrument.[Check all applicable boxes]
<br /> ❑ Condominium Rider ❑Planned Unit Development Rider ❑Other..........................................................
<br /> _ � ❑ Addidon�l Tern�x. .
<br /> �_'_".;;Y�� 3IGNATURES:By signing bclow,Grantor agrees to the temns and covenants containcd in this Securiry Instrument and in
<br /> _.-u����� any attachments.Grantor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
<br /> �_=_�-_�-:�,�
<br /> ~ -�i�-� 09 15/ �..T'........................... 15/97
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<br /> -�--� ' ................................�...... 97 .�►... .fs�4� ../.. . .
<br /> �.. ..--•� ........ ........................ (vatci i�ijy�:::.�; rnatcl
<br /> - (Signeturc) �RY K PARKER DARLENE M PARKEIt � "
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<br /> - � ACKNOWLEDGMEN'1�
<br /> ���:;�^''�''���' � NEBRA9KA. .�.. CO 15TH OF.........HALL...EPTE�BER.........1997.�ss.
<br /> :�,x... -.. STATE OF.............. . .. ............................. . S M,
<br /> t-^;'::�;i:?�� �w���a��� Th� ns ment was acknow ed ed before rne thts ................day of........ ........... .............................
<br /> .�,�':i:�,�r;'�� by�I�Y��AIIIER IUD.OAt6EME� P�[El, 8U311UI0 A!!D IIFB............................ ... ._.........................................
<br /> _�;�;;'i=��':f-} Mywmmissionexpires:................... ...........,,...
<br /> - • 'c=:�v�."Yi� (Sca1) •�'':`:K.S,w•••..�... ....... ..�..........................................
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<br /> - •�••�,�.:�;;:�r.r;,i• GENERAI NO1ARr•Sl�le N Nebr�sll (Notary Public
<br /> __y:a'�.�rir,� � OAYIDi.00HMEN . .
<br /> 'ri. My Con�n�.Etp.liu�t.2000 .•�.r< .
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