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201504487
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7/21/2017 2:54:30 AM
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7/6/2015 9:52:37 AM
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201504487
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Z�15���57 <br /> Unless o�herwis�agre�d in�vriting, a�l insurance praceeds shall�e appl��d ta the restorat�an ar repair of�he Pra er�� �r�� <br /> the Secured Debt, whether or n�t �hen due, at Benefici 's o t�on, An a �zcat�an �f roceeds tQ r�nc� a�shal.l not <br /> �x��nd�r ast on�the du��a�e of�h.e schedu�ed a men n�r chan e�he a�maun��f an a n�ent. An ��c�ss����be paid <br /> t� the �ra�ntor p�f the Pr� �r� is ac u�red b Ben��ci Trustar's ri h� t� an �nsura�zace��pol�c�es and rnceeds resu i tin <br /> a <br /> from dama e t��he Pro �� bef�re the ac u�sitian sha�l ass�o Ben�f�i ��he ex�ent�f the Secured�7ebt immedia�e�g <br /> before�he a� u�si�ion. � y � p � y <br /> � <br /> 2�. ESC�t��V F�R TA��S AND INSUR��CE. Unless ntherwise prov�ded �n a s�parat� agree�n.ent, Trus�or wi�I n�t b� <br /> r�quired to pay��Bene�ciary funds far�.axes and�nsurance in escrour. <br /> 21. FIl�AN�CIAL REP�RTS A'�rD ADDITIC3NAL D�CTJII�IE�TS. Trustar will pro�ide to Ben�ficiar� u�on request, any <br /> financia1 statement or infflrmati�n Beneficrary rna� deem reasonably ne�essary. Trustar agrees �o sign, dellver, and f�Ie any <br /> add�t�onal documen�s or cer��ficatians that Beneficxary ma� consider ne�ess to perf�c�, cant�nue, and pr�s�rv� �xrantor's <br /> abi� ations under th�s 5eeur�t Ins�rumen�and Benefic� s l�en status Qn the�Pr� �rt . <br /> � Y �Y P Y <br /> Z�. .��INT AlrID INI]�ID�TA� �IABII.ITY; ��-�IG�RS; SU��E�S��tS AND ASSIG�S B�UND. A�� du�z�s under <br /> �h�s Securi�y Ins�rumen� are joint and indiv�dual. If Trust�r s�gns �is Securit�r �nstrument but does nat sign an e��dence of <br /> deb�, Trus��r d��s so onl�to mor�gag�Trus�or's�nterest zn the Proper��r to �ecur� aym�nt�f�.h�Secured D�bt a�.d Trustar <br /> does not a ree ta be ersonall I�able on the S�cur�d Deb�. �f th�� S�curit �nstrument secur�s a uaran� b�tw�en <br /> Benefi�� and Trustorp, Trus�or a re�s ta vsraive an ri h�s that rria revent Benefic� from brin in an a��ion or claim <br /> �'' � Y Y P � � � �. <br /> a a�nst Trustar ar an art in eb��d und�r the a��i at�an. Th�s� ri hts �na �nclude but are not �1m�t�d to any <br /> anti�defc�enc or one ac��n lav�s. Trus�or a r�es that B�n�fici and an art �o �his S�curi� �nstrum�nt �na extend <br /> mQdi �r may.ke an �han e �x�. the terms Qf�t..h�s 5ecurit �nstrum�nt ar ayz�.����dence of d�bt wzthflut Trustor's c�nsent. <br /> fY Y � �' Y <br /> 5u�h a�han �w��� no� re�ease Trustor fram�he ter.ms of th�s Secur�ty Instrument. The du���s and benefits �f this S�curi�y <br /> �nstrument s�all bin�and ben�fit the�uc�essors and ass� ns of Trustor and Ben�fi�i . <br /> g �'Y <br /> 23. APPLI�ABLE LA'W; SE�R..ABILIT'Y�; I�TERPR.�TATI�N. This Secur�ty �ns�rumen� is governed�by the lav�s of th� <br /> �'urisdict�on�n which Bene�c�ar�is lacated, exce�t t�the�xten�a�her�vis�r�qu�red b the laws of�he�urzsd�c��on wh�re the <br /> ro er� is lacated. Th�s S�cur�t Ins�rument �s com �e�� and fu�� �nte rated. �his Secur�t �nstrument ma nat be <br /> amended or modi�ed b ora� a re�ment. An sect�on in this S��urit Ins�ment atta�hm�.ents or an a reernent rela�ed �o <br /> �he�ecured D�bt that c�nfli�ts�vv��h. a li�able law �vzl�not be effe����e un�ess that�aw ex ress� �r�ng I��dl ernuts the <br /> �ariations b wri��en a reement. �f ari p�ection of this S��ur�t Zns�rument canno� b� �nfa c ed accordin�t� its errn th <br /> section w�il be sev�red and �ril� not a��fect the enforceabi��� of�he r�mainder of this S�curit In ru � �� a� <br /> th� s�n ular sha�l inc�u e he • y Y �� men�. �henever used, <br /> g d t plura� and the plura� the sxnguiar, Th� cap��ons and head�ngs of�.e sect�ans of th�s 5ecur�ty <br /> �nstrurnent ar�for convenien��only and are nat to b�used ta �n�erpr�t or d��ine�h�terms of�his Security �ns�rurnent. T�me <br /> �s of the essence in this Secur��y �nstrumen�. <br /> �4. SU��ESS�R TItUSTEE. Ben�f�c�ary, a� Bene�ciar�'s option, rna� from. time to tirn� r�n�.ov� Trus�ee and appoint a <br /> suc�ess�r trustee withou�any flth�r formal,zty than�he deslgnat�on�n wrzt�ng. The succ�ssor trustee, w�th�ut con�eyan�e of <br /> �he Pr� er� , shall succeed t� all �.e �it�e, ower and duties conferred u on Trus�e� b this Secur�t �nstrurnent and <br /> a Izcab�e�aur. � p � Y <br /> PP <br /> 2S. N�TI�E. Un�ess o�hertivzs�r�quired�y la�v, an�noti�e shall be giWen by de�z�ering it or�by rnailing z��y�rst c�ass ma�l to <br /> the appropriate�arty's address on page 1 af this 5ecurzty �ns�rurn.�n�, ar�� any ather address des�gnated �n�riting. Notice <br /> t�ane trus�or w�il be deemed t�be natzce�a a.�I�rustors. <br /> 2G. �VAIVERS. Ex�ep� ta the ex�ent prohibited by lavv, Trust�r waiv�s aii appra�sexnen� and ham�stead exempti�n righ�s <br /> ���ating to the Proper�y, <br /> 2'�. �T�IER TERMS. �f checked, the fQi�o�vin�are applica��e to th�s Secur�ty �nstrument: <br /> �Li�ne of Cred��. The Secured De�t �n��udes a revolving�ine of cr�di�prov�s�on. Althoug� �he Secur�d Debt�na�r be <br /> reduced to a zer�balanc�, this Secur�ty�nstrurn�n�wil�rema�n in effect unt�l�e�eas�d. <br /> � Cflnsfruction Ifoan. Th�� S��uri�y 7nstrument se�ures an �b��gatx�n �ncurr�� fflr the c�nstruct�fln af an <br /> �mprovem�nt on the Property. <br /> �Fix�ure Filing. Trus�or grants t� Beneficiary a s��ur��y�n��res��n all gflods that Grantor��rns now or in�he futur� <br /> and that ar� �r wz�� ��come f��ures r��ated t� �he Proper�y. This 5ecuri�y �nstrum�nt suff�ces as a f�nancing <br /> s�at�ment and an� carb�n, phatagraphi� or flther repr�ductian may �� fi�ed of recard for purposes of Ar�icle 9 of <br /> the Unzform C�mmer�ia� Code. <br /> 0 R�ders. The c�venan�s and agr�ernents �f each �f the r�ders checked belo�v are incor�ora�ed zn�o and supplement <br /> and amend the terms�f this Securit�r �nstrument. ���.eck all app�icable box�s� <br /> �C�ndomi.n�urn Rzder �]P�anned Un�t De�r��opment��der C��ther �����_______���_______�_��___ <br /> C�Addit�ona�Terms. <br /> �I��ATURES: By sign�ng be�ow, Trustor agrees �o the t��rns and covenan�s canta�ned in this Securi�y �ns�rument and in any <br /> at�achments. Trustor a�so a�knaw�edges reeeipt of a copy�f��.�s Securi�y�nstrument on the date stated on page �. <br /> � � <br /> � <br /> ; �-�-��� <br /> �� ---- - _.`�-�- - - -----_�-�-_______w.�.�._--____ �.____�.�.�.��______.��.�.�___�.��__�-�____--�._�-__.___�.____-� <br /> �5zgnature} ' ynn K S��tt �Date} �Signature} (Date} <br /> ACI�N�WLEDGN��T: <br /> STATE�F Nebraska _��_���____�_ , C�]U�TTY�F Ha11 �ss. <br /> {Jndividual} Th�s in�trument�vas aekLnQwl�dged bef�re me this�3 rd day�f �u�y��l�w���__w__�_.�.__..µ_._._ <br /> byT�iLynn � Scott�T______w__�..___.....____.��...�__._._.�_..._T_� �._____..�_.______. _.._.._____._.M._...- ----__m._... � <br /> M�r commi�s�on exp�res: 4�I 19 I�017 <br /> � � ��#�c'��t3r��b��5�[� <br /> Kevi n Dtt�ma ��� ����������� <br /> - ; ;..... �ly�am�.�.�ay��3��� <br /> � 7 994 Walt�rs Kiuwer�inancial Ser�ices-BanKers 5ystems�� F�rm RE-i7T-N� 1�1�512��6 �page 4 of�J <br /> VMP�-C't 65[NE�ta�oa� <br />
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