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<br /> claim against Grantdr or any party indebted under the obligation. These rights may include, but are not limitetl ,
<br /> to, any anti-deficiency or one-action laws.
<br /> 21. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee and appoint a
<br /> successor without .any other formality than the designation in writing. The successor trustee, without
<br /> conveyance of. tF�e Property, will succeed to all the title, power and duties conferred upon Trustee by this
<br /> Security Instrument and applicable law.
<br /> 22. WAIVERS. Except to the extent prohibited by law, Grantor waives all appraisement and homestead
<br /> exemption rights relating to the Property.
<br /> 23. OTHER TERMS. The followi�ag are applicable to this Security Instrument:
<br /> A. Additional Terms. Future Advances; Other Indebtedness. Upon request of Grantor, Lender may, at its
<br /> option, make additional and future advances and readvances to Grantor pursuant to one or more promissory
<br /> notes or credit agreements and whether advanced pursuant to a note or credit agreement specifically
<br /> referenced in this Security Instrument, other promissory notes or credit agreements now existing or
<br /> promissory notes or credit agreements hereafter given by Grantor (or any one or more of them if more than
<br /> one) to Lender. All such tuture advances shall be a Secured Debt for purposes of this Security Instrument.
<br /> All present and future indebtedness and obligations of Grantor (or any one or more of them if more than one)
<br /> to Lender, whether direct or indirect, absolute or contingent and whether arising by nota, guarantee,
<br /> overdr,aft or otherwise, shall be secured by this Security lnstrument and shall be a Secured Debt for purposes
<br />_, ....,>,.,. ..� 1�•,
<br /> "*tif''�his Security Instrument.
<br /> 24. APPLICABLE LAW. This Security Instrument is governed by the laws of Nebraska, except to the extent
<br /> otherwise required by the laws of the jurisdiction where the Property is located, and the United States of
<br /> America.
<br /> 25. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Grantor's obligations under this Security
<br /> Instrument are independent of the obligations of any other Grantor. Lender may sue each Grantor individually or
<br /> together with any other Grantor. Lender may release any part of the Property and Grantor will still be obligated
<br /> under this Security Instrument for the remaining Property. The duties and benefits of this Security Instrument
<br /> will bind and benefit the successors and assigns of Lender and Grantor.
<br /> 26. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may not be amended or
<br /> modified by oral agreement. No amendment or modification of this Security Instrument is effective unless made
<br /> in writing and executed by Grantor and Lender. This Security Instrument is the complete and final expression of
<br /> the agreement. If any provision nf this Security Instrument is unenforceable, then the unenforceable provision
<br /> will be severed and the remaining provisions will stil) be enforceable.
<br /> 27. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes the singular. The
<br /> section headings are for convenience only and are not to be used to interpret or define the terms of this Security
<br /> Instrument.
<br /> 28. NOTICE, FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Unless otherwise required by law, any
<br /> notice will be given by delivering it or mailing it by first class mail to the appropriate party's address listed in the
<br /> DATE AND PARTIES section, or to any other address designated in writing. Notice to one party will be deemed
<br /> to be notice to all parties. Grantor will inform Lender in writing of any change in Grantor's name, address or
<br /> other application information. Grantor will provide Lender any financial statements or information Lender
<br /> requests. All financial statements and information Grantor gives Lender will be correct and complete. Grantor
<br /> agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to
<br /> perfect, continue, and preserve Grantor's obligations under this Security Instrument and to confirm Lender's lien
<br /> status on any Property. Time is of the essence.
<br /> SIGNATURES. By signing, Grantor agrees to the terms and covenants contained in this Security Instrument.
<br /> Grantor also acknowledges receipt of a copy of this Security Instrument.
<br /> GRANTO :
<br /> /yl
<br /> S UN M ADAMS
<br /> I ADA S
<br /> ACKN L DGMENT.
<br /> (Indiv'd al) " �
<br /> OF ./U a , xJ�OF ss.
<br /> This instrument was acknowledged before me thi ��f�- day of �.��Q,^,/ , �� by
<br /> SHAUN M ADAMS, spouse of , and SHERI ADAMS, spouse of .
<br /> My commission expires:
<br /> • ` i�l�l NOTAR1f-State ot Ntbr�ska (Notary Public)
<br /> { ��� ADAM Q. MAROTZ
<br /> `�� My comm.E�.June 19.2002
<br /> SHAUN M ADAMS
<br /> Nebraska Deed Of Trust Initials
<br /> NE/2rotza05CD000000000000003200000033n8 °t 996 Bankers Systems,Inc.,St.Cloud,MN Page 4
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