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200301192 D. Tmstor shall immediately notify Beneficiary in writing as soon as Tmstor has reason to behcvc there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any Ham ilous Substance or the violation of any Emuronmemal Law. 12. ESCROW FOR TAXES AND INSURANCE. UNess otherwise provided in a separate agreement, Trustor will not be required to pay to Beneficiary funds for taxes and insurance in escrow. 13. JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. I£ Trustor signs this Security Instrument but does rat sign am, evidence of debt, Truster does so only to mortgage Tmstor's interest in the Property to secure payment of the Seemed Debt and Trustor does not agree to be personally liable on the Secured Debt If this Security Instrument secures a guaranty between Beneficiary and Trustor Tmstor agrees to waive rim rights that may prevent Beneficiary front bringing any tuition or claim against Trustor or any party indebted under the obligation These rights may include, but are not limited to any anti- deficicne7 or one - action laws. The duties and benefits of this Secunty Instrument sIvAl bind and benefit the successors and assigns of Toaster and Beneficiary. 14. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Deb[ that conflicts with appplicable law will not be effective, muess that law expressly or implicitly permits the variations by written agreement. If anv section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plum] and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. 15. SUCCESSOR TRUSTEE. Benefichary, ry at Beneficia's option, may from time to time remove Trustee and appoint a successor trustee without any other formality, than the designation in writing. The successor trustee, without conveyance of the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and applicable lay. 16. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page I of thus Security Instrument or to any other address designated in writing. Notice to one trustor will be demned to be notice to all lmstors. 17. WAIVERS. Except to the extent prombimd by law, Trustor waives all appraisement and homestead exemption rights relating to the Properly. 18. LINE OF CREDIT. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced to a zero balance, this Security, Instrument will remain in effect until released. 19. APPLICABLE LAW. This Security Instrmmeet is governed by the laws as agreed to in the Secured Debt, except to the extent required by the laws of the jurisdiction where the Property is located, and applicable federal laws and regulations 20. RIDERS. The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] = Assigmuent of Leases and Rents = Other 21. 0 CONSTRUCTION LOAN. This Security Instrument is a construction security interest which secures an obligation incurred for the construction of an improvement on the Property. 22. = ADDITIONAL TERMS. SIGNATURES: By signing below, Truster agrees to the terms and covenants contained in this Security Instrument mid in any attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the dam stated on page 1. (S eft"/,ROGER L FISH Dot,) (signature) (Darr) ACKNOWLEDGMENT STATE OF Nebraska , COUNTY OF Hall _ )ss. (ico,.°) This instrument was acknowledged before me Ihts29th day of January 2003 _.. by ROGER L BI SH My cohmnisshon expires: II GENERAL NOTARY -State of Nebraska TAMMY S. RDV My Comm Exp. ©w94 eanxers cynems Inc .. s1. Good, MN I`— ocv.Rror -Ne 1113109 (pege 4 of 4) ®- C4961NEl te.,,az