Laserfiche WebLink
�9 ip8964 <br /> Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to <br /> the 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 paid <br /> to the Grantor. If the Property is rethe ac uisBion shal�l �ass to Benefichary to the ext ntcof the Sec ud Debtimmediat ly <br /> from damage to the Property befo q P <br /> before the acquisition. <br /> 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a sepazate agreement, Trustor will not be <br /> required to pay to Beneficiary funds for taxes and insurance in escrow. <br /> 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiary upon request, any <br /> financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, deliver, and file any <br /> additional documents or certifications that Beneficiary.ma� consider necessary to perfect, continue, and preserve Grantor's <br /> obligations under this Security Instrument and Beneficiary s lien status on the Property. <br /> 22. JOIlVT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. 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 guaranty between <br /> Beneficiary and Trustor, Trustor agrees to�vaive any rights that may prevent Beneficiary from bringing any action or claim <br /> against Trustor or any �arty indebted under the obligation. These rights may include, but aze not limited to, any <br /> anti-deficiency or one-action laws. Trustor agrees that Beneficiary and any party to this Security Instrument may extend, <br /> modify or make any change in the terms of this Securit Instrument or any evidence of debt without Trustor's consent. <br /> I strument shall b nd and benefrt the successors and gnts of Tru toi and B neficial.e duties and benefits of this Security <br /> 23. APPLICABLE LAW; SEVERABILITY;INTERPRETATION. This Security Instrument is governed by the laws o f t he <br /> jurisdiction in which Beneficiary is located, except to the extent otherwise required by the laws of the jurisdiction where <br /> the Property is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be <br /> amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any.agreement related to <br /> the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the <br /> variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that <br /> section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, <br /> the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security <br /> Instrument aze for convenience only and are not to be used to interpret or define the terms of this Security Instrument. <br /> Time is of the essence in this Security Instrument. <br /> 24. 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 writing. 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 /> 25. 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 addressed to be not�e olall trustors Instrument, or to any other address designated in writing. <br /> Notice to one trustor will be deem <br /> 26. WAIVERS. Except to the extent prohibited by !aw, Trustor waives all appraisement and homestead exemption rights <br /> relating to the Property. <br /> 27. 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 improvement <br /> on the Property. <br /> ❑ Fiarture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future <br /> and that are or will beco hoto1 rarhic or otherre�roduc�on may be filed oft ecord fo purpose of Art c1e19 of he <br /> statement and any carbon, p g p P <br /> Uniform Commercial Code. <br /> ❑ 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. (Check all applicable boxes] <br /> ........................................... <br /> ❑ Condominium Rider ❑ Planned Unit Development Rider Other •••"'�the due date, the bank <br /> �Additional Terms.If � installc�nt pa�re nt is not paid by <br /> may charr�e an interes ra te e q u a l t o p o s t maturit y rate on the outstanding <br /> loan balance until the loan is in a current status. <br /> SIGNATLTRES: 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 /> 9� . X '( ..0� . • � <br /> ..... . ......�...............�� /• <br /> X /•••��� ......... . (Date) <br /> (Signature <br /> (Date) , (Signatur <br /> ACKNOWLEDGMENT: COUNTY OF �`T,T, <br /> Nebraska } ss. <br /> STATE OF .................................................... <br /> ..... <br /> ........................................... Se tember 1999 <br /> c��a�,.�a��> ......�??� da of ...........�..................... <br /> This instrument was acknowledged before me this ••••••••• Y •••••••••••••• • <br /> b LYLE D BECK and JUDY K BEC'K AS HUSBAND.AND,WIFE............................................ . <br /> y ...........:..............................:.........�...........,...... <br /> My commission expires: f . <br /> . ... �� .. . .. ................................ ' <br /> ��� (No ary Public) <br /> BENERAI,NOTARY•Sf�tB�N8bf3Sk3 (page 4 of 41 <br /> �1994 Bankers Systems,Inc.,St.Cloud,MN (1-800397-2341) Form RE-DT-NE 10/27/97 M��ELLE L HUNT <br /> Ny comm.Exv�I�-�3 <br /> f �, �� � q 3 w � <br />- � t � �• 1 4 <br />