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I
<br />20.
<br />21.
<br />I
<br />2.
<br />,23.
<br />II
<br />24.
<br />�5.
<br />27
<br />2001010"72
<br />Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or t
<br />he Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not
<br />extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be par
<br />to the Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting
<br />from damage to the Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediate)
<br />before the acquisition.
<br />ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be
<br />required to pay to Beneficiary funds for taxes and insurance in escrow.
<br />FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will rovide to Beneficiary upon request, an
<br />financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, deliver, and file an
<br />additional documents or certifications that Beneficiary may consider necessary to perfect, continue, and preserve Grantor'
<br />obligations under this Security Instrument and Beneficiary's lien status on the Property.
<br />40INT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties unde
<br />,this 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 Trusto
<br />does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty betty
<br />Beneficiary and Trustor, Trustor agrees to waive any rights that may prevent Beneficiary from bringing any action or clai
<br />against Trustor or any party indebted under the obligation. These rights may include, but are not limited to, anv
<br />anti-deficiency or one - action laws. Trustor agrees that Beneficiary and any party to this Security Instrument may exten ,
<br />modify or make any change in the terms of this Security Instrument or any evidence of debt without Trustor's consent.,,
<br />Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security
<br />Instrument shall bind and benefit the successors and assigns of Trustor and Beneficial.
<br />PPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the
<br />urisdiction in which Beneficiary is located, except to the extent otherwise required by the laws of the jurisdiction where the
<br />roperty is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be
<br />ended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to
<br />he Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the
<br />ariations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, tha
<br />section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used
<br />he singular shall include the plural and the plural the singular. The captions and headings of the sections of this Securit
<br />�nstrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Tim
<br />s of the essence in this Security Instrument.
<br />SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint
<br />successor trustee without any other formality than the designation in writing. The successor trustee, without conveyance o
<br />the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument an
<br />Npplicable law.
<br />OTICE. 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 party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notic
<br />�o one trustor will be deemed to be notice to all trustors.
<br />AIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights,
<br />elating to the Property.
<br />OTHER TERMS. If checked, the following are applicable to this Security Instrument:
<br />® Line of Credit. 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 />0 Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the f itur
<br />and that are or will become fixtures related to the Property. This Security Instrument suffices as a financin
<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 />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 = Other
<br />0 Additional Terms.
<br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in any
<br />atta hments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
<br />( Signature) RADEAN G BLOCK (Date) (Signature) ORLETHA A BLOCK (Date
<br />AC"OWLEDGMENT: l
<br />STATE OF NEBRASKA - - , COUNTY OF - HALM _ ss.
<br />�`"d'"'4.1) This instrument was acknowledged before me this _ Gbh_ _ day of - FEBRUARY -, 2001 .- - by RADEAN G . _ BLOCK_ _AND _ORLETHA -A. BLOCK,. . HUSBAND -AND -WIFE - -
<br />My commission expires: MARCH 7, 2001
<br />GENERAL NOTARY -Stab of Ns6raska (Notary blic)
<br />CATHERINE J. S' H`URT,LE_F_F`
<br />MY Comm. Exp. - =21
<br />1 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97
<br />C165(NE) (9808)
<br />(page 4 of 4)
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