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_ � 9� 1ii726 <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 sha11 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 acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting <br /> from damage to the Property before the acquisition sha11 pass to Beneficiary to the extent of the Secured Debt immediately <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 taaces and insurance in escrow. <br /> 21. FINANCIAL REPORTS AND ADDITIONAL DOCi1MENTS. Trustor will provide to Beneficiary upon request, any <br /> financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, del�ver, and file any <br /> additional documents or certifications that Beneficiary may consider necessazy 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 BOiJND. All duties under <br /> this Security Instrument are 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 Trustor <br /> does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between <br /> Beneficiazy and Trustor, Trustar agrees to waive any rights that may prevent Beneficiary from bringing any action or claim <br /> against Trustor or any party indebted under the obIigation. 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 Security Instrument or any evidence of debt without Trustor's consent. <br /> Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security <br /> Instrument shall bind and benefit the successors and assigns of Trustar and Beneficial. <br /> 23. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the <br /> �urisdiction in which Beneficiary is located, except to the extent otherwise required by the laws of the jurisdiction where the <br /> roperty 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 /> vaziations 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 singulaz. The captions and headings of the sections of this Security <br /> Instrument are for convenience only and aze not to be used to interpret or define the terms of this Security Instrument. Time <br /> 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 farmality than the designahon m wrrtmg. The successor trustee, without conveyance of <br /> the Property, shall succeed to a11 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 sha11 be given by delivering it or by mailing it by first class mail to <br /> the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice <br /> to one trustor will be deemed to be notice to all trustors. <br /> 26. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights <br /> relating to the Property. <br /> 27. OTHER TERMS. If checked, the following aze 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 Security Instrument secures an obligation incurred for the construction of an <br /> improvement on the Property. <br /> �Fixture Filing. Trustor grants to Beneficiary a security interest in a11 goods that Grantor owns now or in the future <br /> and that are or will become fixtures related to the Property. This Security Instrument suffices as a financing <br /> statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of <br /> the Uniform Commercial Code. <br /> 0 Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement <br /> and amend the terms of this Security Instrument. [Check all applicable boxes] <br /> � Condominium Rider 0 Planned Unit Development Rider 0 Other <br /> - ------ - <br /> 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 /> _ �'��/ �l����j,-��' <br /> _�--��------------- ��----1� --- �'-- <br /> � ----------------- -- ------------- - <br /> (Signature) 4�% MARY C BOEHLE (Date) ' (Si nature Date <br /> � g ) � ) <br /> ACKNOWLEDGMENT: <br /> STATEOF NEBRAS ------------- , COUNTYOF HAT,T, -------------------.-- --- }ss. <br /> -- -- <br /> �I°d'"�'a'� This instrument was acknowled ed before me this 6TH _____da of____ <br /> g ---- - Y I2E�EMBEB--1999---------- - <br /> bY _M_ARY C BOEHLE�_AI�T_[JNM�RRIED_PERS�N----------------------------- - ------ ' <br /> My commission expires: G����'� � <br /> -- — - - -- ----------------- j <br /> i f�NERAI NOTARY-St�te ot Neb�osiu (Notary Public) <br /> EOWARQ J. JAfiOSIK <br /> My Comm.Exp.Oct.2T,2003 <br /> �1994 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341) Form RE-DT-NE 10127197 (page 4 of 4) <br /> �-C165(Nq�saoe� <br />