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<br /> Unless othenvlse ag,reed in�vritin�;,all instirance proceeds shall be applird to the restoratton or repair of the Pr�perty _
<br /> or to the Secured Debt,whether or not then due.st Lender's option.Any application of proceeds to princlpal shall not
<br /> extend ar postpame tho due duW of the schedWed pnyment nor change the amoucni of any payment Any exa2ss wW ba =_
<br /> paid tcs th� Crrantor. If We Properiy is acquired by Lender.�rantar's dgtrt to any insurance FoUcles and proceeds __
<br /> resulting fram damage to thc Property befote the acqulsition shaU pass to I.ender to We extent of the Secured Debt =_
<br /> inunediately before the acquisitlon. ___
<br /> tiQ. �Cl3mW�'Ql!d'��7dES�1VH)�NS�JRA�IVCE.Unles.s othenvise provtded in a separate agreemen�araritor will not �
<br /> be required to pay to L,endc;r funds tor taxes and insurance In escrow.
<br /> 2L rQVr#NCIAL 1tEPORi'S tlND ADDIfiONAd.DOCUMEIVTS.Grantor wlll pmvido to Lender upoa request.any _
<br /> 6nancial statement ar informatlon Lender may deem reasonably nec:essary.Granwr agrees to sign, deliver, aad file =_
<br /> any addidonal documents or cerdficadons that L,ender may consider aecessary w pedect,continuo,and preserve =
<br /> Cirantor'a obUgatiotts under this Security Instrument and Lender's lien status on We Property. _
<br /> 22. �OINT AND 1NDMDUAL LIABILIT'Y;COSIGNERS;SUCCESSORS AND ASSIGNS BOL1N�.All duties —
<br /> under thts Securlty Instr�ment are f oint and indivtdual.If C3rantor signs this Securiry Instrument but does not stgn an -
<br /> evldence of debt,Cirantor does so only to mortgage Grantor's interest in We Property to secure payrnent of the
<br /> Secured Debt and C�rantor does not agree to be personally liable on the Secured Debt. If this Secwity Iastrument
<br /> secuces a guaranty between Lender �nd �irantor,Cirantor agree,s to waive any rights that may prevent Lcader from
<br /> bringisig eay actian os claira against Grantor or aay party indebted tu►der the obligedon.These rights map incl�sde.but
<br /> are not li�ited to,any antl-deficien�3r or one-action laws.GranWr agrees that Lender and aay party to t6ls SecurIty
<br /> Iasuuanent may extend,arodify or�.ake aay change in the tera�s of this Secucity Iastrument or any evIdence of debt
<br /> without(3rantor's consen�Such a change wW not rcicase(irantoz fram the terms of thts Security Instnimen�The .
<br /> duties aad beaefits of Uus Security 1asm�ment shall bind and bene5t the suocessors and assigns of Crantoz aad Lender.
<br /> 23. APPLICABLE I.AW;3�VERABIE.Yf Y;INTERPREt'ATiON.This Seciuity L�urument is govemed by the laws of
<br /> the jwrisdiction in which Lender is laated,except to the extent othenvlse required by the laws of the jurisdiction _
<br /> where the Praperty is iocated.This Securlty Instnuaent is complete aad fuUy integreted.Tt�is Security instmment msy
<br /> n4t be amended or modi�ed by oral agreement. Any section in this Security Instrument, attacdments,or any
<br /> ageemea�:related to the Secured Debt that contllcts with applicable law aill not be effecrive.uWes,s tl�at law expressly
<br /> oi impllediy permits the variations by wrltten agreement If any section of this Secwity Instrument carmot be enforced
<br /> according to tts terms,that sectioa wlll be severed aad will not affect We enforceability of the remainder of thfs
<br /> Serurity InstNment.Whenever used,the singular shali include the plw�al and the plural the singular.the capuans and
<br /> headinga of the sections of tUis Security Instrument are for convetuence only and are aot to be used to interpret or
<br /> defiae the teims of this SECUrity InstrwaenG Time is of the essence in thls Securtty Instn�menw _
<br /> 7A. SUCCES3qtt 11t�i3'1L�.Lender,at i.endei s uptiuu,uiey t'iom iuuc ia tinc rt�ta:e Trt�ts$ar_d a�poinL e
<br /> successor trustee without aay other formality than the designation in wrttaag. The successor Yrustee, without
<br /> conveyaace of the Property.shall suaeed to all the title,power aad dudes coafened upon Tra�stee by this�urity
<br /> Instrutmeat and applicable law.
<br /> ?S. NaTiCE. Ualess othenvise required by law,any aotice shall be p,iven by deIIvetiag it ar by malljng it by firat ctass
<br /> mail to the appmprIate party's address on page 1 of this Security Insmuaent,or to aay other address des�gnated In
<br /> writiag.NotIce to one grantor will be deemed to be notice to all grantors.
<br /> Z6. q+pIVEI�S.Except to the e�ctent pro}ubited by law.Grantor waives all appraisemeat and homestead exemption dghb
<br /> relatingto the Property.
<br /> 2'/ p1'�g TEg1d1S.If checked,the following are applicable to this Securlty InsMUnen�
<br /> C�}xLine of CredU.The Secured Uebt includes a revojving line of credit provision.Although t6e Secured Debt
<br /> may be rednced to a zera balance.this Securlty Instrument wlll remain in effect until released
<br /> , ❑ Coneteactioa Loan.This Security InsWment secures an obligation �incurred for the construdion of an
<br /> iq�pmvement on the Property.
<br /> ❑ �i�tore F31tog,Graator grants to I.ender a security interest in all goods ttaat Graator owns�aw or in the
<br /> future and that are or w�l become fixtures related to the Property.'I'bb Security Instrumeat suffices as a
<br /> financing stateraent and any carbon,photographic or ottter reproductton may be fiiled of record for putposes
<br /> � of Azdcle 9 of We Uniform Commercial Code.
<br /> ❑ Ridere.The covenants and agreements of each of the dders checked below are incorporated into and
<br /> supplement and amend the terms of this Security Instc�men�[Check all appltcable boxes]
<br /> ❑Coadominium Rtder ❑ Plenued UnIt Developmeat Rider C7 Other.........................»...............................
<br /> ❑ AddtHon�t Tern�s.
<br /> , „ ., _ � , � .
<br /> SIGNATURE�By sigatng below,Granwr agcees ta the terms and covenams contained in this Security Instrument and in
<br /> . any attacHme�ts,Grantar also acknowl,edges receipt of a copy of this Security Instrument on We date stated oa page t.
<br /> -- n �� � ./ 5
<br /> ...�✓G..��f�:fr�A:c�Z�.�I..�4(95 ...... .. ..�l.R.l�?..E._... :... .....�.�!�.,,.....10/24/9
<br /> (SiBa � � �IIHtO� �S� ""`� JOANNE � HOLMES t�at`>
<br /> MELVIN R HOLMES
<br /> ACKNOWL]EDGMENTs NEBRASKA ��-�
<br /> = STATE OF. ....................COUNTYH F.........._. OCl'OBER-�......M..1�98�}�s.
<br /> »... ..........
<br /> ...... ...........,..._..�...................
<br /> = cuw;.�o-.�� '�is instrument was acknowledged before me this......z... ..day of_.................... .
<br /> = AELYIN A, NOLqF�S ANO JOaNYE G NOLIIEB� NUSBANO AND N ,E..,,,,,�, ,,,, _,„,..,,,,,,,,,,,,,.,,,,,,,,„........_..,,..............».
<br /> :_ tsy�..............:....................»...._....:.....................................
<br /> - My commission e ires:
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