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<br /> Unless otherwise egreed in writing,all insurunce proceeds shall be applied to the restor:►tion or repair of the Praperty
<br /> ar to thc Sccurcd Debt,whethcr or not then due,at L.ender's optian.Any applicatian af proceeds to principal shall not
<br /> extend or poslponc the due date of the scheduled payment nor change thc amount of any payment.Any cxcess v�ill bc
<br /> paid to the otantor. If the Property is acquired by Lender, Grantor's right to uny insurancc policics and procceds
<br /> resulting from damage to the Property before the acquisition shall ps�s to l.ender to the extent of the Secured Debt
<br /> immcdlatcly beforc thc ncquisition. �
<br /> 20. E3CROW FOR TAXES AND INSURANCE.Unle�otherwisc provided in a separate agreement.(}rantor will not
<br /> be requircd to pay to Lendcr funds for taxes and insurance in escrow.
<br /> Zl� F[Np1VCIAL REPORT9 AND ADD1TiONAL DOCU11iENTS. Gruntor will provide to L.c�ider upon request,any
<br /> tinanc}al statement or informatton Lender may deem reasonably necessary.Grantor agrces to sign,deliver,and�le
<br /> any additional documents or certifications that I.ender may constder necessary to perFect,continue,and preserve
<br /> (irantor's oblIgattons under this Secudty Instrttment and Lender's lien status on the Property.
<br /> 22. JOIIVT AND iNDIViDUAL LIABILYTY;CO•SIGNER9; SUCCESSORS AND ASSIGNS BOUND. All Juties
<br /> under this Security Instrument are joint and individual.If Grantor signs this Security Instrument but daes not sign an
<br /> evidence of debt,C3rantor does so only to martgase Grantor's interest in the Property to secure payment of thc
<br /> Secured Debt and Grantor does not agree to be personally liable on the Secured Debt.If this Secunty Instrument
<br /> secures a guaranry between Lender and Grantor,Graator agrees to waive any rights that may prevent Leader from
<br /> bringing any action or claim against Grantor or any party indebted under the obligation.These rights may include,but
<br /> are not Ilmited to,any anti-deficiency or one-action laws.Grantor agrees that I.ender and any party to this Security
<br /> Instrument may extend.modify or make any change in the tern�s of this Security Instrument or any cvidence of debt
<br /> wltbout Cirantor's consent.Such a change will not release Grantor from the terms of this Security Instrument.The
<br /> duties and benefits of this Security Instrument shaU bind and bene�it the successors and a.�signs of(3rantor and Irender.
<br /> 23. APPLICABLE LAW;SEVERABILIT'Y;INTERPRETATION.This Security Instrument is govemed by the laws of
<br /> the jurisdiction in which Lender is located,except to the extent otherwise required by the laws of the jurisdiction
<br /> where the Property is located.Thts Security Instrument is camplete and fully integrated.This Secutity Instrument may
<br /> not be amended or modi�ed by oral agreement. Any section in this Security Iastrument. attachments. or any
<br /> agreeraent relbted to the Secured Debt that conflicts with applicable law will not be effecdve,unless that law expressly
<br /> or impliedly permits the variatians by wrltten agreement.If any secdnn af this Security Instrument cannot be enforced
<br /> according to its terms, that section wtll be severed and will not affect the enforceability of the remainder of this
<br /> Security Instrument.Whenever used,the singular shall include the plural and the plural the singuler.The captions and
<br /> hcadinRs of the sections of this Security Instrument are for convenience only and are not to be used to interpret or
<br /> de�ine the terms of this Security Instrument,Time is of the essence in this Securiiy Insiruwc.;t.
<br /> ?A. SUCCESSOIt TRUSTEE.Lender,at L.ender's option,may from time to time remove Trustee and appoint a
<br /> successor trustee without any other formality than the designation in writing.The successor trustee,without
<br /> conveyance of the Property,shall succeed to all the title,power and duties wnfened upon Trustee by this Security
<br /> Instrument and applicable law.
<br /> 25. NOTICE. Unle.0 otherwise required by law. any notice shall be given by delivering it or by mailing it by first class
<br /> mail to the appropriate party's address on page 2 of this Security Instrument,or to any other address designated In
<br /> writing.Notice to one grantor will be deemed to be notice to all grantors.
<br /> Z6. WAIVERS.Except to the extent prohibited by law.Grantor waives all appraisement and homestead exemption rip,hts
<br /> relating to the Property.
<br /> 27. OTi�R'TERMS.If checked,the following are applicable to this 5ecurity Instrument:
<br /> f$ Une oi Crediw The Secured Debt includes a revolving line of credit provision.Although the Secured Debt
<br /> may be reduced to a zero balance,this Secucity Instrument will remain in effeet untll released.
<br /> ❑ ConstruMton Loan.This Security Instrument secures an obligation incurred for the construction of an
<br /> improvement on the Property.
<br /> ❑ F(xture Fllin�.Grantor grtints to Lender a security faterest in all goods that Grantor owns now or in the
<br /> future and that are or will become fixtures related to the Pcoperty. This Security Instrument suffEces as a
<br /> Fnancing statement and any carbon,photographic or other reproduction may be�led of record for purposes
<br /> of Article 9 of the Uniform Commercial Code.
<br /> ❑ Ridere.The covenants and agreements of each of the riders checked below are incvrporated into and
<br /> _ supplement and amend the terms of this Security Instrument.[Check all applicable boxes]
<br /> ❑Condominium Rider �Planned Unit Development R[der ❑Other..........................................................
<br /> ❑ Addltion�l Terms.
<br /> — SIGNATURESs By si�ning below,Grantor agrces to the terms and covenants contained in this Security instrument and in
<br /> any attachments.Grantor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
<br /> ..� . . . ..t.�. ............ ...�:.l.l.�os{9? . . . -��?..C�.��.. �... .s../..9�
<br /> � � �r,.�:i �cse:�„:.�� l�l luatc)
<br /> _ "'d'°`""' CO�Y J FLAGLE� ' - ' '-°—�-��"` MARI�CN K FLAtfL� (J
<br /> .�
<br /> .. ACKNOWLEDGMEN'1:
<br /> :� NEBRASKA „ COUNTY OF HALL �
<br /> � STATE OF.......................................................... . .......................,............................................
<br /> ' ���a�H���> Thi ' t u�tent w s a k wl d ed before me this...STH.,..,,,,,,,,day of.......NOVEMBER,,,,, 1997
<br /> r C�l��� FL66L6 A�D M�II�,�YN 1�1�AOLB, NUSBAND ANU/!FB ............................
<br /> _— .............
<br /> .� by........................................i..............,.................,................t...,........,...................................._.......................,....
<br />:;� My commission expi .
<br />�a (scnt) GENERA NOTARI•St�ltol NeDr�s ,. �„�.;,,
<br /> . ............................................................,..
<br /> IIAqK E.KERST�'N������ (Notnry PubUc)
<br /> AhCdnn�.Etp.Avp.17,199!
<br /> �.
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<br /> i' O t99�Br�t�n Syuema Hc.S�Goua.MN(�-BOD397•YS��)Form NE-Ot•NE 8/6W (PBQB 4 Of<)
<br />
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