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<br /> Unless otherwise agreed 1n wrldng,all insurance roceede shall be applicd ro the restorntion or repa�ir of the Property or to �,.,r..,
<br /> the Secured Debt, whether or not then due, at �eneficisr�'s option. Any application of prorxeds ro principaZ ehall nat rtiV{y�•
<br /> e�tend or postpone the due date of the scheduled pa ent nor change the sunount of any payment. Any excess will be paid ;.4♦
<br /> . to the Grantor. If the Pro�rty if re theT a�c uiFiBtton sha�il pass o Bene iciary to the extent of th1e�Sec u d Debt�inunecliately ;�;,���
<br /> fram demage to the Prope y be q `••:R�,-,:
<br /> , before the acquisitlon. , 1 ;;_
<br /> � 20. ESCROW FOR TAXES AIVI) 1NSURANCE. Unless otherwise provided in a separate agreement,Trustor will nat be ;�,�ju
<br /> - ' funde for taxex and in.aurance in escrow. '�4i'�
<br /> , requircd to pay ta Bcneficiary -��°•
<br /> ',' :,���
<br /> ,�,,,.�.�•�� I 21. FINANCIAL RI;FORTS ANI� ADDITIONAL DOCUMENI'S• Truator will provide ro Benefic�lary upon reyuest. � �,f.�—
<br /> ,,,,,,,,�,.,�e4��� financisl s���ntn�orf°�r�ica io&ns that Benef%iaary ma�cons dcr nec�.ess��to perfecc�continue,and prieserve�Gfrentor s _____
<br /> «. ; additional d
<br /> � obligations under this Security Instniment and Beneficiary s licn status on tbe Property.
<br /> r 22. JpINT pND INDIVmUAL LIABILITY•CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND.All dutlea uuder ��
<br /> g .r-.-.--
<br /> debtsTr seYr dSOesonoNy�ro mortg ageTnistorie inte estsin�the�iPro�peu��yrryo s��ure paymen ofn�iesS�urane.deVDeb and �_--- ..
<br /> Trusror dces no t ag r e e t o b c p e r s o n a l l y l i a b l e on thc Secured Debt. If this 5ecur1�y Instrument secures a BuarantY bet�'e�n
<br /> Beneficiary and Truetor,Trustor agreea to waive any riy�ts that may prevent Bene f c iary f roin b r i n g i n g an y a c t i o n o r c l a i m -
<br /> � a g a i n a t T r u s tor or an yp a rt y y 1 but are not limited to, any
<br /> indebted under the obIi�gation. These r�ghts may inc ude,
<br /> : anti-deflcicncy or one-�c t l o n l a w e. T r u stor a grees t hAt Se I�fit�n o r�ayny e vldence iof�d ebt�witihnout T ru t orsY c�n en. _
<br /> � modify or make nny change 3n the terms of this Secudry
<br /> Such a change will not release Trustor from the tem�s of thie Security Instrument.The duties and benefits of this Sacurity —
<br /> � � Instrument sball bind and benxfit the successors and assigns of Trustor and Aeneficial. �„__
<br /> 23. APPLICABLE LAW SE'V�RABILITY+AVTERI'RETATION.This Security Instrumcnt ie govemed by.the lawa of the �=_��-
<br /> �• jurisdiction in�vhich�eneficiary is located, except to the extent otherwise required by the laws of the junsdiction where r�=�=_
<br /> J the Property is located. This Secunty Instrumenf Is complete and fully integrated. This Security]astrument may not be �J'_ _
<br /> �,� ameaded or modified by orai ngrcemeat. An y secdon in tliis Security Insuument attachments,or any a�reement re�lait��te _�_-
<br /> the Secured Debt that con fl icts w i t h ap p l i c a b l e l a w w i l l n o t b e e f f e c f ive,unless t�at law expressly or impliedly pe -"
<br /> vaziatians by written agreement. If any section of this Security InsUnunent cannot be enforced accor ding to i t s te r m s,t h a t
<br /> � thet in wiar shall include tdhe plural and thelplural the sin g u lar.The cap ons and head'u�igs of thse sect ons of t1►1sVSecurlt9 ���—
<br /> I�• Instrum�ue t are for convenience only and are not to be used to interpret or define the termg of this Securtry Instnunenf. ��«-
<br /> Time is of the esseace in this Security Insuument, -=--�-
<br /> 24. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a
<br />_ __ _. __� successor trustee without any other�rmaf�eY�awer and du%3 conf r�red uponeTrustee by chis�S�ecWUritY Intn►men and —
<br /> �-i the Pru��iy, shaal ouCCeed Lo nl! _ P
<br /> applicable law.
<br /> � 25. NOTICE. Unless otherwise required by law, anY notice shall be given by delivering it or by mailing it by first class mail
<br /> to the appropslate parcY's address on page 1 of this Security Instrumeat, or to any other addresa designated in writing.
<br /> Notice to one uustor wlll be deemed to be notice to all trustors.
<br /> • Z6. WAIVERS• Except to thc exteat prohibited by law, Trastor waives all appraisement and homestead exemption rights
<br /> • � reladng tu the Property.
<br /> " 2�, p'!'HER TERMS.If checked,the following are applicable to this Security Instrument:
<br /> ❑ Line of Credit.The Secured Debt includes a revolving line of credlt provision. Although the Secured Debt may be
<br /> reduced to a zero balance,thle Security Instrument wlll remain in effect until released.
<br /> �] Construetion Loan.This Security Instrument secures an obligatian incurced for the wnstrucdon of an improvement
<br /> ' on the Property
<br /> � (] Ftxture F{ling,T'rusror grants to Beneficiuy a security interest in all goods that Grantor owns now or in the future
<br /> ' and that ate or will become fixtures related to the Property. '1'his Securiry Inst�ucaent e�f;.:.:.s as a financi�g
<br /> statement and any carbon,photographic or other reproduction may be filed of record for putposes of Article 9 of the
<br /> Uniform Commercial Code.
<br /> [] Rlders.The covenant3 and agreements of each of che riders checked belo�v are incorporated into and supplement and
<br />� . �C amend the terms of this Secudry Iastnunent. [Check all applicable boxes]
<br /> , � ..................................................
<br /> •� s ❑ Condominlum Rider ❑ Planned Unit Uevelopment Rider ❑ Other
<br /> � I ❑ Additional Terms.
<br /> ] �
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<br /> • I SIGNATURES:By signing below,Trustor agrees to the terms and covenants contained in this Security Instn►ment and in any
<br /> ' attachments.Trustor also acknowled es receipt of a copy of this Security Instrument on the date stated on page 1.
<br /> 1� �,z. .. ........ .. ........... .
<br /> �. �!,�f.��. .............................�Dace.. �gnacurc)CP.RR.IE J (Datc)
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<br /> csis arc)�(1SSELL D SI�,NT
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<br /> . - ' ACKNUWL�iii;tvtr.tr?: S -_.
<br /> I STATE OF�?�'�a�.................................. COUNTY OF�l�................ ..............,..........} s .
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<br /> I n�d�.�a�w � h .....da of..........��i...���7..............
<br /> This instrument was acknowled ed be(ore me this ......�� .. Y
<br /> , ny �u���.�. ................ ........ ..........
<br /> ........ ...
<br /> � tvly commission c pir � GEHERAI NOTAAT•St�teolNebnsk� �/�r � ����
<br /> DAVIDR,BOEHIE ..... ..�:4:�4!.r.�IJ�°:`.:"":�„�..............................
<br /> I a�e �Sq Comm.Eip.Nor.2T,1999 � lNotary F'ublltl
<br /> i (page 4 0/41
<br /> mt994 PankoB$vslems,Ine..St.C�uud,1AN 11�000�391•23411�am RE-OT NE 12/$7190
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