. •
<br /> 99- sc�sQBa
<br /> D.Trustor shall immediately notify Beneficiary in writing as soon as Trustor has reason to believe there is any pending
<br /> or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazazdous
<br /> Substance or the violation of any Environmental Law.
<br /> 12. 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 /> 13. JOIlVT AND INDIVIDUAL LIABILITYr CO-SIGNERS; SUCCESSORS AND ASSIGNS BOiJND. All duties under
<br /> this Security Instrument aze 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
<br /> Trustor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranry between
<br /> Beneficiary and Trustor, Trustor agrees to waive any rights that may prevent Beneficiary from bringing any action or claim
<br /> against Trustor or any party indebted under the obligation. T'hese rights may include, but aze not limited to, any
<br /> anti-deficiency or one-action laws. The duties and benefits of this Security Instrument shall bind and benefit the successors
<br /> and assigns of Trustor and Beneficiary.
<br /> 14. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This Security
<br /> I Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, aitachments, or
<br /> any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly
<br /> or impliedly permits the vaziations by written agreement: If any section of this Security Instrument cannot be enforced
<br /> according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security
<br /> Instrument. Whenever used, the singulaz shall include the plural and the plural the singular. The captions and headings of
<br /> the sections of this Security Instrument aze for convenience only and aze not to be used to interpret or define the terms of
<br /> this Security Instrument. Time is of the essence in this Security Instrument.
<br /> 15. 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 in wntmg. 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 /> 16. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail
<br /> to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing.
<br /> Notice to one trustor will be deemed to be notice to all trustors.
<br /> 17. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights
<br /> relating to the Property.
<br /> 18. LINE OF CREDIT. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced to a
<br /> zero balance, this Security Instrument will remain in effect until released.
<br /> 19. APPLICABLE LAW. This Security Instrument is govemed by the laws as agreed to in the Secured Debt, except to the
<br /> extent required by the laws of the jurisdiction where the Property is located, and applicable federal laws and regulations.
<br /> 20. RIDERS. The covenants and agreements of each of the riders checked below are incorporated into and supplement and
<br /> amend the terms of this Security Instrument.
<br /> [Check all applicable boxes]
<br /> ❑ Assignment of Leases and Rents ❑ Other .............................................................................................
<br /> 21. ❑ CONSTRUCTION LOAN. This Security Instrument is a construction security interest which secures an obligation
<br /> incurred for the construction of an improvement on the Property.
<br /> 22. ❑ 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 /> c�-��`c�°l� w .
<br /> ........................................................�...06/14/99. .. .:. �� � � 06/14/99.
<br /> ( g ) (Date) (Signature) 4yk'""`"`�'...... (Date)
<br /> Si nature ROBERT L MEIER ���� • � �� US� � �J IER������
<br /> ACKNOWLEDGMENT:
<br /> STATE OF ....NEBRASKA........................... COUNTY OF .HALL..........................................} ss.
<br /> �''�'"'du�� Thi i�1str�ent�y�s ac ow�e ge�d before me this ...14th,,,,,,,,,,, da of �une 1999„_,,,,,,,,,,,
<br /> b �OBERT L MEIER and�USAi��`MEIER, ...Y ...................................
<br /> Y1�usbattQ�and�wife;......................................................... . .................. ...... ..................... .
<br /> My commission expires: " �
<br /> ........ ..... .. ........ ( ry � - �
<br /> :. . .. ... ... ..... . . .�......
<br /> Nota Public
<br /> 6ENERAI NOTAAr Sqt1 of Nebr�sk�
<br /> KATHRYN A.DESPINS
<br /> Ay Comm.F�p.1uy�26,2002
<br /> �1994 Bankers Systems,Inc.,St.Cloud,MN Form OCP-REDT-NE 10/7/98 /page 4 of 4/
<br /> DO'CNE4.frm 2/98
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