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. • <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 <br />