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<br /> Unless otherwise agreed in writing, all insurance proceads shall be applied to the resforation or repai;of the Property or to
<br /> ' the Secured Debt, whether or not than due, at Beneficiary's option. Any applicstion of proceecis to principal shall not
<br /> extend or postpone tt�due date of the scheduled payment nor change the amou�of any payment. Any excess will be paid
<br /> to the Grantor. If the Property is acqnired by Beneficiary, Trustor's n t to any insurancepol�cies and proceeds resulting
<br /> from damage to the Property before the acquisition shall pass to Bene�ary to the extent of the Secured Debt immediately
<br /> before the ac�nisition.
<br /> 20. ESCROW FOR TAXES AND INSURA1110E. Unless otheiwise provided in a separata agreement, Trustor will a�t be '
<br /> required to pay to Beneficiary funds for taxes and insuraace in escrow.
<br /> � -
<br /> 21. FINANCIAL REPORTS AND ADDITIONAL DOCLJMEIVTS. Trustor willprovide to Beneficiary u�on request, any
<br /> financial statement or information Beneficiary may deem reasonably necessary. Tn�stor agrees to sign, dehver, and file any
<br /> additional documents or certifications t�hat Beneficiary ma�r consider necessary to perfect, contim►e, and preserve Grantor's
<br /> obligations under this Security Instrument and Beneficiary s lien status on the Praperty.
<br /> 22: JOIlVT AND INDIVIDUAL LIABII.iTY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOtJND. All duties under
<br /> tlus Security Instrument are joint and individual. If Trustor signs ttris Secunty Instrument but does not sign an evidence of
<br /> debt, Trustor does so only to���e Trustor's u�u�`.tlta . to :. ,. m�nt of the Secured Debt aad ;
<br /> �Tn�stor�does not�agreie�ta ba � '�� � �;',� � :�' . „
<br /> Beneficiary and Trustor, Trustor agrees to waive any rights that may prevent Bene ciary from ringing any actioi�or claim V}
<br /> against Trustor or any �arty indebted under the obli_gation. These nghts may include, but are not hmited to, any
<br /> anh-deficiency or one-achon laws. Trustor agrees that Beneficiary and any party to this Security Instrument may eatend,
<br /> modify or make any change in the terms of this Securi Instrument or any evidence of debt without Tivstor's consent.
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<br /> Such a c e will not release Trustor from.the tertps thus,SastuiEy�. The dutiae and bcnefits of this Security ,' ;
<br /> Instrument bind and b�nefit`dte sua�ors and assig�of'Tn�stor and BeneBo'ra1. '
<br /> 23. APPLICABLE LAW SEVERABII,ITY;IlVTERPRETATION.This Security.Instrument is governed by the laws of the �
<br /> jurisdiction in wluch �eneficiary is located, except to the extent otherwise reqtured b���y the laws of the jurisdiction where
<br /> the Property is located. This Security Instrument is complete and fully integrated. This Sacurity Instrument may not be
<br /> amended or modified by oral agreement. Any section in this Security Instiument, attachments, or any agreement related to
<br /> the Secured Debt khat conflicts v�nth applicable law will not be effective, unless that law expressly or implie�ily permits the
<br /> variations by written agreement. If any section of this Securi� Instrument cannot be enforced according to its terms; that
<br /> section will be severed-and will not affect the enforceability'o the remainder of this Security Instniment. Whenever used,
<br /> the singulat shall iaclude the platat and the plurul the singulaz. The captions and headings of the sections of this Security
<br /> Instrument are for com►enience only and are not to be used to i�erpret or define the terms of this Security Instrument.
<br /> Time is of the essence:in this Security Inshument.- .,, .
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<br /> 24. SUCCESSOR TRUSTEE. Beneficiary, at Berbeficiary's option, may.from tiffie to time remove Tn�stee aad,eppoint a
<br /> successor trustee without any other formality than the designation in wnting. The successor trustee, without'conveyaace 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. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by���it by first class mail
<br /> to the appropriate part�r's address on page 1 of tlus Security Instrument, or to any other address designated in writing.
<br /> Notice to one trustor v�nll be deemed to be notice to a11 trustors.
<br /> �S. W�VERS. Eureg� to.the,�- ,#�►-•; a�ieto�;�iv,ee�a���p�iemi���d �-
<br /> ' � " �o�ea�d,eueu�tic�_r;gh ;: ,�
<br /> � , e
<br /> relating co rhe T+roperty. ° � , ..
<br /> 27. OTHER TERM$.If checke�, the following are applicable to this Security Instrument: .
<br /> ❑ Line of Credit.The Secured Debt includes a revolving li�of ct�it provision. Although the Secured Debt may be
<br /> reduced to a zero balance, this Security Instrument will remain in effect until relea.ced.
<br /> ❑ Constructton Loan.This Security Instrument secures an obligation incurred for the constniction of an improvement
<br /> on the Property.
<br /> ❑ Flxt�re FWng.Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or.in the future
<br /> '' and that aie or will bacome fixtiu-es`related to the propbrty. 'This Security Instrumet�t suffices as a financing
<br /> statement and any carbon,photograpluc or other'.reprbduction may be filed of'record for purposes of ArfiCle 9 of the
<br /> Uniform Commercial Code. � . . .. . ,. .
<br /> ❑ Riders.The covenants aad agreemenfs of'each`di the�ridets ckbciced belo'w are incorpornted into and supplement and
<br /> annend the terms of this Security Instrument. [Check all applicable boxasJ
<br /> ' ❑ Condominium Rider '❑ Planned Unit Development Rider ❑ Other ..................................................
<br /> ❑ Additional Terms.
<br /> `�`°-�+,. . SIGN����.�below,Tnustor agrees to the terms�d covennnts coatained-in this Sec�ty Instrume�#.��any , �.•:...
<br /> attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
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<br /> • ................. ......... ..... X...��11:�GLlt,t�..�\�.�"S�lY'�t�m.. . .....
<br /> (5ignaturo)TIDx7�� ......................
<br /> DII`II�iN (Dete) (Signaaue)WENDY D�Il�N (Dace)
<br /> ACKNOWLEDGMENT:
<br /> ' STATE OF�r��................................. C 2UN'I'Y OF $�'� .. .............................} ss.
<br /> c�"`�"''� This inshument was acknowled ed before me tlus �?. da of.... �y�..1999................ .
<br /> ' ........... ..... ...... .... �
<br /> by �:�Y.. .�t.`.Il"� �... .. . ..��.......... ... &..�'�.. �!�.�'..:j'�................... .
<br /> Y ' ' .:
<br /> M co io "e��pOiARY•State ot Nebrask� ,<
<br /> DALE E.POHIMANN � '
<br /> ...... . .. ...., . .. ....... ...............................
<br /> My Comm.Exp.M�►ch 4,2001 �xa.�y��>
<br /> �� ' O 1 Y94 B�rian Sy�tem�,loc..St.Cloud.MN 11-�0•987-23411 Fam RE-0T-NE 10/27lY7 . �p�yl 4 Of,��
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