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200304026 Unless otherwise agreed in writing, all insurance pnceeds shall be applied to the restoration or repair of the Proparty or to the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not extend or postpone the due date of the scheduled pa pent nor change the amount of any payment Any excess will be ppaaid to the Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds rmulfmg from damage to the Property before the acquisition shall pass to 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, Transfer 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. '1 roster agrees to sign, deliver, and file any additional documents or certifications that Beneficiary may consider necessary to perfect, continue, and preserve Grantor's obligations under this Security Instrument 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 Tractor signs this Security Instrument but does not sign an evidence of debt, Truster does so only to mortgage Trustor's interest in the Property, to secure payment of the Secured Debt and Tramor does not agree to be personally liable on the Secured Debt. It this Security Instrument secures a guaranty between Beneficiary and Trushrq Trustor agrees to waive any rights that may prevent Beneficiary from bringing any action or claim against Truster or any party in under the ob1�gation. 'These rights may include, but are not limited [o, any antideficreacy or one -action laws. Truster agrees that mcficiary and any party to this Security Instrument may ex[en modify or make any change in the terms of this Security Instrument or any evidence of debt without Trustor's consent. Such a charge will not releme'Truster from the terms of this Security Instrument. The duties and benefits of ties Security Instrument shall bind and benefit the successors and assigns of Trustor and Beneficial. 23. APPLICABLE LAW; SEVERABILITY- INTERPRE'T'ATION. This Security Instrument is governed by the laws of the Jurisdiction in which Beneficiary is locate, except to the extent otherwise required byy th�e laws of the jurisdiction where the Yroperty is located. This Security Instrument is complete and fully integrated. "l7na Security Instrument may not be amended or modified by oral agreement. Any section in this Security strument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If an section of this Securtty Instrument cannot be enforced according to its terms, that section will be severed and will not atfeet the enforceability o 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 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, 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 m 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 fast class mail to the appropriate party' a address on page I of this Security Instrument, or to any other address designated in writing. Notice to one truster will be deemed to be notice to all trustors. 26. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights relating to the Property. 27. OTHER TERMS. If checked, the following are applicable to this Security Instrument: Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may he reduced to a zero balance, this Security Instrument will remain in effect until released. El Construction Lour. this Security Instrument secures an obligation incurred for the construction of an improvement on the Property. E71 Future Filing. Truster 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. This Security Instrument suffices m 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. Q 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] = Condominium Rider 0 Planned Unit Development Rider = Other _ _ _ _._ Additional Terms. SIGNATURES: By signing below, Truster agrees to the terns and covenants contained in this Security Instrument and in any attachments. Truster also acknowledges receipt of a copy of this Security Instrument on the date slated on page 1. goa ) DO LAS C JOH SON (Dam) (signature) DIANA L JOHNSON (ante) ACKNOWLEDGMENT: STATE OF Nebraska , COUNTY OF Hal l _ _ _ _ __ __ _ )as. (n°'vd"°') This instrument was acknowledged before me SOth... ^ day of .March 20193 _ by DOUGLAS C JOHNSON. .DIANA LJOHNSON My commission expires: GENERAL =00 wo�an rbmic) JOSE my c C' 1994 Bank— SyFicuns Inc., s. CII MN (I 800 397164 q Vbrm or FIT NE lart/N) (pop.4 cf 4) ® C1551NE) (99otl).o2 m