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<br />would choose, and may be written at a higher rate than Grantor could obtain if Grantor purchased the
<br />insurance.
<br />19. ESCROW FOR TAXES AND INSURANCE. Grantor will not be required to pay to Lender funds for taxes and
<br />insurance in escrow.
<br />20. CO- SIGNERS. If Grantor signs this Security Instrument but does not sign the Secured Debts, Grantor does
<br />so only to convey Grantor's interest in the Property to secure payment of the Secured Debts and Grantor does
<br />not agree to be personally liable on the Secured Debts. If this Security Instrument secures a guaranty between
<br />Lender and Grantor, Grantor agrees to waive any rights that may prevent Lender from bringing any action or
<br />claim against Grantor or any party indebted under the obligation. These rights may include, but are not limited
<br />to, any anti - deficiency or one- action laws.
<br />21. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee and appoint a
<br />successor without any other formality than the designation in writing. The successor trustee, without
<br />conveyance of the Property, will succeed to all the title, power and duties conferred upon Trustee by this
<br />Security Instrument and applicable law.
<br />22. PERSONAL PROPERTY. Grantor gives to Lender a security interest in ell personal property located on or
<br />connected with the Property, including all farm products, inventory, equipment, accounts, documents,
<br />instruments, chattel paper, general intangibles, and all other items of personal property Grantor owns now or in
<br />the future and that are used or useful in the construction, ownership, operation, management, or maintenance
<br />of the Property (all of which shall also be included in the term Property). The term "personal property"
<br />specifically excludes that property described as "household goods" secured in connection with a "consumer"
<br />loan as those terms are defined in applicable federal regulations governing unfair and deceptive credit practices.
<br />23. APPLICABLE LAW. This Security Instrument is governed by the laws of Nebraska, except to the extent
<br />otherwise required by the laws of the jurisdiction where the Property is located, and the United States of
<br />America.
<br />24. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Grantor's obligations under this Security
<br />Instrument are independent of the obligations of any other Grantor. Lender may sue each Grantor individually or
<br />together with any other Grantor. Lender may release any part of the Property and Grantor will still be obligated
<br />under this Security Instrument for the remaining Property. The duties and benefits of this Security Instrument
<br />will bind and benefit the successors and assigns of Lender and Grantor.
<br />25. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may not be amended or
<br />modified by oral agreement. No amendment or modification of this Security Instrument is effective unless made
<br />in writing and executed by Grantor and Lender. This Security Instrument is the complete and final expression of
<br />the agreement. If any provision of this Security Instrument is unenforceable, then the unenforceable provision
<br />will be severed and the remaining provisions will still be enforceable.
<br />26. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes the singular. The
<br />section headings are for convenience only and are not to be used to interpret or define the terms of this
<br />Security Instrument.
<br />27. NOTICE, FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Unless otherwise required by law, any
<br />notice will be given by delivering it or mailing it by first class mail to the appropriate party's address listed in the
<br />DATE AND PARTIES section, or to any other address designated in writing. Notice to one party will be deemed
<br />to be notice to all parties. Grantor will inform Lender in writing of any change in Grantor's name, address or
<br />other application information. Grantor will provide Lender any financial statements or information Lender
<br />requests. All financial statements and information Grantor gives Lender will be correct and complete. Grantor
<br />agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to
<br />perfect, continue, and preserve Grantor's obligations under this Security Instrument and to confirm Lender's lien
<br />status on any Property. Time is of the essence.
<br />SIGNATURES. By signing, Grantor agrees to the terms and covenants contained in this Security Instrument.
<br />Grantor also acknowledges receipt of a copy of this Security Instrument.
<br />GRANTOR:
<br />Mic el Leaman
<br />In ly
<br />hiss, E Learn n
<br />In idually
<br />LENDER:
<br />Platte Valley State Bank &Trust mpany
<br />JBoh oggatt, Bra nc 11,Nesi dent
<br />ACKNOWLEDGMENT.
<br />Iln 'v�idLua��ll JI�JI_4 J
<br />OF Nt{ ltll$:.4_ rt'U'r�1'X OF � `�� SS.
<br />This instrument was acknowledged before me this -�K— day of -Jpn I p700
<br />by Michael T Leaman , spouse of Ralisa E Leaman, as a joint tenant with the right of survivorship, and Raise E
<br />Leaman , spouse of Michael T Leaman, as a joint tenant wit the right of survivorshipn -
<br />My commission expires: h ,�(�C�i&U-
<br />7"IR)o ry Publitl
<br />GENERAL NOTARy4w M NeORSka
<br />KIMBERLY D. OAKLEY
<br />MY COi Elq. JUL 1, 2005
<br />Michael T Leaman
<br />Nebraska Deed Of Trust Initials
<br />NE/ 4XX20333000623900003872013O61603Y 'x1996 Bankers Systems, Inc.. Sc Cloud, MN F� Par. 5
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