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200301754 Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property nr to the Secured Debt, whether or not then due, at Beneficiary's nptiun. Any application of proceeds to principal shall not extend or postpone the due dam of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Grantor. If the property is acquired by Beneficiary, '!'roster's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass m Beneficiary to the extent of the Secured Debt immediately before the acquisition. 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be required to pay to Beneficiary funds for taxes and insurance in escrow. 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Truster will provide to Beneficiary upon request, any financial statement or information Beneficiary may deem reasonably necessary . Tmsmr agrees m sign, deliver, and rile any additional documents or ceratications that Beneficiary may consider necessary to perfect, continue, and preserve Grantor's obligations Under this Security Instrmnent and Beneficiary's lien status on the Property. 22. JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Truslor signs this Security Instrument but does not sign an evidence of debt, Trustor does su only nt mortgage Trustor's interest in the Property to secure payment of the Secured Debt and Truster does not agree to be peisonally liable on the Secured Debi. If this Security Instrument secures a guaranty hetwocn Beneficiary and Trustor, Truster agrees to waive any right.% that may prevent Beneficiary front bringing any Action or claim against 'I'ruslur or any parry indebted under the obligation. These rights may include, but are not limited to, any anti - deficiency or one - action laws. Tmstor agrees that Beneficiary and any party to this Security Instrmnent may extend, modify or make any change in the terms of this Security Brstru rent or any evidence of debt without Trusm['s consent. Such a change will not Please Truster from the terms of this Security Instrument. the duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of'I'roster and Beneficiary. 23. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrwuent is governed by the laws of the jurisdiction in which Beneficiary is located, except to the extent otherwise required by the laws of the jurisdiction where the Property is located. 'Ibis 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 Debt that conflicts with applicable law will not be effective, unless that law expressly or implicitly pertains the variations by written agreement. If any section of this Security Instrument cannot be enforced According to its tents, 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 plural and the plural the singular. The captions and headings of the sections of this Security Instrmteat are for convenience only and are not to be used to interpret or define the terms of this Security instrument. 11 fine is of the essence in this Security Instrument. 24. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary'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 law. 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 appropriate patty's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one nusimr will be dcuned to be notice to all trsmts. 26. WAIVERS. Except to the extem prohibited by law, Tmsmr waives all appraisemcat and homestead exemption rights relating to the Property. 27. OTHER TERMS. If checked, the following ate applicable to this Security Instrument: ❑ line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debi may be reduced to a zero balance, this Security Instrument will remain in effect until released. ❑ Construction Loan. This Security Instrument secures an obligation incurred for the construction of an intprovcnnent on the Property. ❑ Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future and that are or will become fixtures related to the Property. 'Ibis Security Instrument suffices as a financing statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code. ❑ Riders. The covenants and 'agreements of each of the riders checked below are incorporated iWn and supplement and amend the terms of this Security instrument [Check all applicable boxes] ❑ Condominium Rider ❑ Planned Unit Development Rider ❑ Other ............... ............................... ❑ Additional Terms. SIGNATURES: By signing below, Trustor agrees to the terms and cover ms contained in this Security Instrument and in any attuclumenrs. Tmstor also acknowledges receipt of a copy of this Security Instrument on the date stated ten page I. (s eoj!�2avier Bala ._(Date) (stgianare) S to Rojas U (Done) STATE OF NabfaSlla ......... .................. COUNTY OF Half....... ........} ss. nmMm�p This instrument was acknowledged before tire this ........%........ day of ................ FA(um.21103 ................ by Javier Hpjas, $y1ya R*s, Hushaftl Wile..... _.. :.... .......... My commtssol ' BF%BIAL NOTAflY - State pi Nebraaln OI%IE A. MCCOraO E,�, =@; +s x .,. svn•m s,. Yey� C an m f 5om,m .0 ee s 18, 2to e 0A v ¢ooa " "' ' D ixie A . McC ord ' l9aq 4 of 4.