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201210093 as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. 18. INSURANCE. Grantor agrees to keep the Property insured against the risks reasonably associated with the Property. Grantor will maintain this insurance in the amounts Lender requires. This insurance will last until the Property is released from this Security Instrument. What Lender requires pursuant to the preceding two sentences can change during the term of the Secured Debts. Grantor may choose the insurance company, subject to Lender's approval, which will not be unreasonably withheld. All insurance policies and renewals shall include a standard "mortgage clause" (or "lender Toss payable clause ") endorsement that names Lender as "mortgagee" and "loss payee ". If required by Lender, all insurance policies and renewals will also include an "additional insured" endorsement that names Lender as an "additional insured ". If required by Lender, Grantor agrees to maintain comprehensive general liability insurance and rental loss or business interruption insurance in amounts and under policies acceptable to Lender. The comprehensive general liability insurance must name Lender as an additional insured. The rental Toss or business interruption insurance must be in an amount equal to at least coverage of one year's debt service, and required escrow account deposits (if agreed to separately in writing). Grantor will give Lender and the insurance company immediate notice of any loss. All insurance proceeds will be applied to restoration or repair of the Property or to the Secured Debts, at Lender's option. If Lender acquires the Property in damaged condition, Grantor's rights to any insurance policies and proceeds will pass to Lender to the extent of the Secured Debts. Grantor will immediately notify Lender of cancellation or termination of insurance. If Grantor fails to keep the Property insured, Lender may obtain insurance to protect Lender's interest in the Property and Grantor will pay for the insurance on Lender's demand. Lender may demand that Grantor pay f. ins n all at on balance of the S re.e ac`r• - 'n Debts. This ins o nce may e ae by a company of i t h n one Grantor could obtain if Grantor put-Chase that Lender or one of Lender's affiliates may receive commissions on the purchase of this insurance. r Le . er ay dd t incur ce premiums to the t ra at .• .lies to the Secured a.t "g}�� qul dp Grp tor, may be written • oo , iand y li r e �� igher rate than fie insurance. Grantor acknowledges and agrees 19. ESCROW FOR TAXES AND INSURANCE. Grantor will not be required to pay to Lender funds for taxes and insurance in escrow. 20. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor without any other formality than the designation in writing. The successor trustee, without conveyance of the Property, will succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and applicable law, including, without limitation, the right to appoint a successor or substitute trustee at any time and from time to time. 21. WAIVERS. Except to the extent prohibited by law, Grantor waives all appraisement and homestead exemption rights relating to the Property. 22. OTHER TERMS. The following are applicable to this Security Instrument: A. Construction Loan. This Security Instrument secures an obligation created for the construction of an improvement on the Property. B. No Action by Lender. Nothing contained in this Security Instrument shall require Lender to take any action. KELLY CONNELLY � Nebraska Deed d Of Of Trust Initials \d (J NE/ 4XXDIANNK00000000000648058103112N Wolters Kluwer Financial Services ®1996, 2012 Bankers Page 7 Systemsr"