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<br /> �9 i 1 1 1 9� Application # 0109170274
<br /> Unless otherwise agreed in writing,all insurance proceeds shall be applied to the restoration or repair of the Property or to the
<br /> Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not extend or
<br /> postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the
<br /> Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds result�ng from
<br /> damage to the Property before the acquisinon shall pass to Beneficiary to the extent of the Secured Debt immediately before
<br /> the acquisidon.
<br /> 20. 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 /> 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiary u�on request, any
<br /> financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, dehver, and file any
<br /> additional documents or certifications that Beneficiary may 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. JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this
<br /> Security Instrument are joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of debt,
<br /> Trustor does so only to mortgage Trustor's interest in the Property to secure payment of the Secured Debt and Trustor does not
<br /> agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Beneficiary and
<br /> Trustor,Trustor agrees to waive any rights that may prevent Beneficiary from bringing any action or claim against Trustor or
<br /> any party indebted under the obligation. These rights may include, but are not limited to, any anti-deficiency or one-action
<br /> laws.Trustor agrees that Beneficiary and anx party to this Security Instrument may extend, modify or make any change in the
<br /> terms of this Security Instniment or any evidence of debt without Trustor's consent. Such a change will not release Trustor
<br /> from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the
<br /> successors and assigns of Trustor and Beneficial.
<br /> 23. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. T'his Security Instrument is governed by the laws of the
<br /> jurisdiction in which Beneficiary is located, except to the extent otherwise reqwred by the laws of the jurisdiction where the
<br /> Property is located. This Securiry Instrument is complete and fully integrated.lfiis Secunty Instrument may not be amended or
<br /> modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured
<br /> Debt that conflicts with applicable law will not be effecuve, unless that law expressly or unphedly permits the variations by
<br /> written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be
<br /> severed and will not affect the enforceability of the remainder of tlus Security Instrument. Whenever used, the singular shall
<br /> include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for
<br /> convenience only and are not to be used to mterpret or define the terms of this Security Instrument. Time is of the essence in
<br /> 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 formahty than the designat�on in wntmg. The successor trustee,without conveyance of the
<br /> Property, shall succeed to all the title,power and duties conferred upon Trustee by this Security Instrument and apphcable 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 to the
<br /> appropriate party's address on Qage 1 of this Securiry Instrument, or to any other address designated in writing. Notice to one
<br /> trustor will be deemed to be not�ce to all trustors.
<br /> 26. WAIVERS. Except to the extent prohibited by law,Trustor waives all appraisement and homestead exemption rights reladng
<br /> 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 /> 0 Construction Loan. This Securiry Instrument secures an obligation incurred for the construction of an improvement
<br /> on the Property.
<br /> �Fixture Filing.Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future and
<br /> that are or will become fixtures related to the Property. This Securiry Instrument suffices as a financing statement and
<br /> any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform
<br /> 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 Securiry Instrument. [Check all applicable boxes]
<br /> �Condominium Rider �Planned Unit Development Rider � Other
<br /> .........................................
<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 /> attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
<br /> � /�- � �,C�-�
<br /> . . . .. ... .. ............. �1.-... . �.� x . . . .. .. .. .. . . . . ..// . ��'
<br /> � � ������ . . . .
<br /> (S�gn ture) �TO KVETENS (Date) (Signature) �RY VETENS (Date)
<br /> ACKNOWLEDGMENT: `�� � l� l
<br /> STATE OF ..,, I,U'-,�.�.5��`..".-............... . COUNTY OF .....►:l�?�-:�l............ .... }ss.
<br /> ..............
<br /> �1nd'"'a'��� This instrument was aclrnowledged before me this .....I.�,,,,,,.. day of ...N�V2�V✓l.Iv�-P-�... . .........
<br /> .....
<br /> by ANTON KVETENSKY and MARY KVETENSKY
<br /> ... .......................................................................... ........ . .
<br /> My commission expires: " �q
<br /> ........ . .. .�•...0.':�. ...... .. ......
<br /> '�A �Notary Public)
<br /> � 1994 Bankers Systems,Inc.,St.Cloud,MN(1-800.397-2341) Fam RE-DT-NE ]0/27/97 � �Y.��of N�b�uk� �age 4 af 4�
<br /> ��c165(tvE) c9eoe� �ENNIFER L.AA�SELEY
<br /> My Comm.Exp.S�pt 24,2003
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