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<br /> ��nless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to
<br /> t�ie Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not
<br /> e�tend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid '
<br /> tc; the Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting
<br /> t,om damage to the Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately
<br /> b':,•fore the acquisition.
<br /> 20. ��CROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be
<br /> r�.quired to pay tc Beneficiary funds for taxes and insurance in escrow.
<br /> 2L �':�NANCIAL REPORTS AND ADDITIONAL DOCUiVIENTS. Trustor will provide to Beneficiary upon request, any
<br /> �t?:�ancial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, deliver, and file any
<br /> ;:ciditional documents or certifications that Beneficiary may consider necessary to perfect, continue, and preserve Grantor's
<br /> o�ligations under this Security Instrument and Beneficiary s lien status on the Property.
<br /> 22. .3�INT AND IN�IVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under ,
<br /> tnis Security Instrument are joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of ,
<br /> debt, Trustor does so only to mortgage Trustor's interest in the Property to secure payment of the Secured Debt and Trustor
<br /> c.oes not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between
<br /> Beneficiary and Tzustor, Trustor agrees to waive any rights that may prevent Bene�ciary from bringing any action or claim
<br /> a�ainst Trustor or any �arty indebted under the obligation. These rights may include, but are not limited to, any
<br /> anti-deficiency or one-action laws. Trustor agrees that Beneficiary and any part� to this Security Instrument may extend,
<br /> m�dify or make any change in the terms of this Security Instrument or any evidence of debt without Trustor's consent.
<br /> buch a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security
<br /> I�strument shall bind and benefit the successors and assigns of Trustor and Beneficiary.
<br /> 23. �PPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the
<br /> jurisdiction in which Beneficiary is located, exce�t to the extent otherwise required by the laws of the jurisdiction where the
<br /> Property is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be
<br /> amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to
<br /> tiie Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the �
<br /> variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that
<br /> section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used,
<br /> the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security
<br /> I�strument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time
<br /> is of the essence in this Security Instrument.
<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 formality than the designation m writmg. The successor trustee, without conveyance of
<br /> the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and
<br /> applicable law.
<br /> 25. Nt7TICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to
<br /> the appropriate�arty's address on page 1 of this Security Instrument, or to any other address designated m writing. Notice
<br /> te one trustor will be deemed to be notice to all trustors.
<br /> 26. WAIVERS. Except to the extent prohibited by law, Tnzstor waives all appraisement and homestead exemption rights {
<br /> relating to the Proper�y. .
<br /> 27. OTHER TERMS. If checked, the following are applicable to this Security Instrument:
<br /> �Line of�redit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be
<br /> reduced to a zero balance, this Security Instrument will remain in effect until released.
<br /> � Construction Loan. This Security Instrument secures an obligation incurred for the construction of an
<br /> improvement on the Property.
<br /> � Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future
<br /> and that are or will become fixtures related to the Property. This Security Instrument suffices as a financing
<br /> statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of
<br /> the Uniform Commercial Code.
<br /> 0 Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement !
<br /> and amend the terms of this Security Instrument. [Check all applicable boxes]
<br /> � Condominium Rider � Planned Unit Development Rider 0 Other
<br /> -- - -----------------------
<br /> � Additional Terms.
<br /> SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in any
<br /> attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
<br /> JEH Holdings, LLC a Nebraska limited
<br /> liability company � i
<br /> _. ---- _ __ __ - - -_... _._.. ---- _- - -- ------- __- y� - - -- -.. - ---- -- - -------__--- _ __
<br /> B • ��,�,�,
<br /> +- (Dace) (Signao�re) ��len Hnrnady�az�a er ''�'``T`;
<br /> (Signa�ore) g .
<br /> ACK�tOWLEDGMENT:
<br /> STATE OF NEBRASKA ____.__ , COUNTY OF �LL }ss.
<br /> (Individual) . - - - - --- -- - - --- c"�,,.�..,e ---------- M2.TC�E7 � 2�1.5----------
<br /> This mstrument was acknowledged before me this ___��__— da of
<br /> --__ Y ---—----- - -- --- -------- -- --
<br /> by El,len._Hornady_,_Mana�er of JEH_Holdin�s,_LLC_ __ _______ .
<br /> - ����-------
<br /> My commission expires: �.—����� �
<br /> Loan OriQination OrQanization: --- -- - �- --- - - - ---------- ---- -----
<br /> Home Federa(Savings and Loan Assn of Grand Island ����OTARY-State of Nebr ska (Notary Public)
<br /> NMLS ID 446443 MINDY GILBERTSON �
<br /> Loan Ori�ator. Mindy Gilbertson �'�'�`' - My COmm.Exp.May 16,2056
<br /> NMLS ID 494665
<br /> Q 1994 Wolters Kluwer Financial Services-Bankers SystemsTM Form RE-DT-NE 12/1512006�'
<br /> VMP�-C165(NE) (o�oe1
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