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200301109 <br />D. Trustof shall inmlcdiatcly notift Benefician in writing as soon as Tnlstor has reason to believe there is any <br />pending or threatened investigation, claim, or Proceeding retailing to the mlcnsc or Ihmalcnul rcleme of anv <br />Itavudous Subsmncc fir Itic violation of any Em Iromnental Law. <br />12. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement. Tnlstor will not be <br />required to pay to Reneficinry Grads for lases and insurance in escrow. <br />13. JOINT AND INDIVIDUAL LIABILI'T'Y; COSIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties <br />under this Security Insmuncnt are jminl and individual. If Truster signs this Securip' Instrument but does not sign an <br />evidence of debt. Tnstor does so 011hr to mortgage Truslor's interest in the Property to secure pavment of the Secured <br />Debt and Tnlstor does not agree to be porsonath liable on the Secured Debt. If this Security Instrument scelucs a <br />guaranty between Bencficiare and Tmstor, Trustor agrees to waive anv rights that nay prevent Beneficiary from <br />bringing any action or claim against Truster or al, party indebted under the obligation. These rights nrav include, but <br />arc eel linlilcd to. anv anti- defieienev or one- action Imes. I tic duties and benefits of flux Security Instrument shall bind <br />and benefit the successors and assigns of Truslor and Beneficiay. <br />10. SEVERABILITY; INTERPRETATION. Thus Security Instrument is complete and fulty integrated_ This Security <br />Inslnvnenl may not be amended or modified by oral agreement. Any section in this Security Instrument, allachinents, <br />or airy 'agreement related to the Seemed Debi It ut canlDtets wills applicable law will not be effective, unless that law <br />capressIt or imphiedh perils the variations by written agreement. If anv section of this Securiy' Instrument cannon be <br />enforced according to its terms. heat section will be severed and will net affuel Ilse enforuabilir of the remainder of <br />this Security Instmme,u Whcucvcr used_ ale singular shall include the plural and the plural the singular. The captions <br />and headings of the sections of tills Securth Instrument are for convenience miv and are non no be used to interpret or <br />define the terms of this Security Instrument Time is of the essence ill this Sccumv Instrument <br />I5. SUCCESSOR TRUSTEE. Benefician. at Benefician's option may frmn lime to lime remove Trusleu and appoint a <br />successor trustee wilhoul alt caber formality than the designation in writing. The successor trustee. without <br />conveN'ance of the Propert7. shall Succeed to all the title, powe and duties conferred upon Trustee by this Security <br />Instrtnocut mid applicable tat,_ <br />16. NOTICE Unless nor,... sc ocynted by nuw, any notice shall be gn'en by delivering it or by natlm8 it by first class <br />nail to the appropriate pan's address on page 1 of this Security Instrunnmd, fir In any elher address desngrated in <br />writing. Notice to one tntsmr will he dee,ne d to be notice to all tnlstors. <br />17. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemptimn 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 reduculd <br />no it icru balance, Ibis Securih Instrument will retrain in effect until released_ <br />17. APPLICABLE LAW. This Sceunty hounuicnt ill governed by the laws as agreed to in the Secured Debt. except to <br />Nn cxtea required by the laws of the jurisdiction where the Property is located, and applicable federal laws and <br />regulations. <br />21). RIDERS. 'Ile covenants and ugreorncnl' of cnch of the riders checked below am incorporated into and supplement and <br />amend the terms of This Sccuril_v Iusanmaent <br />iCheck all applicable boxed <br />'--1 Assignment of Leases and RCnls 7] Olher <br />21. n CONSTRUCTION WAN. 'Phis Securm Instrument is a co tstnicnion security itrou sl which secures an <br />obligation incurred for the constriction of tai impmvcnaau on the Propem. <br />22. n ADDITIONAL TERMS. <br />SIGNATURES: By signing below. Truster agrees to the terms and covemmts contained in this Security Instrumcul and in <br />anv mtachmenas. I raster also acknowledges receipt of a cnpy of this Security Instrument on the date stated on page I. <br />l <br />S"—e. A FINNIGSMI£R (Dar" (Cgnnmr.) (Dm') <br />ACKNOWLEDGMENT: <br />STATE OF Nebraska ,COUNTY OF <br />This insartunma was acknowledged before file this23nd day of January 2003 <br />by ROGER A FINNIGSMIER <br />M_t Lelnlnl SSlen CNpllCS, <br />III GENERAL NOTARY State of NCOraika �y���/p� �n/✓`- .,"._ -__.. <br />CYNTHIA J. STERN �/ ry V -� 1) <br />my comm. &p. 4 = -o <br />Q mn< P-k- sy Fr ..s - s C -d. MN Foy ,,, ocFaror NE vtalae (page 4 of 4) <br />(=4C466(NE) lasorzi of <br />r <br />