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204203471 Application # 0120927903
<br />Unless otherwise agreed in writing, all insurance proceeds slmll be applied to the restoration or repair of the Property or in the
<br />Secured Debt, whether or not men due, at Beneficiary's option. Any application of proceeds to principal shall not extend or
<br />postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the
<br />Grantor. If the Property is acquired by Beneficiary, Tmstor's right w any insurance policies and proceeds resulting from
<br />damage to the Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately before
<br />the acquisition.
<br />20. ESCROW FOR TAXES AND INSURANCE. Umess otherwise provided in a separate agreement, Trustor will not he
<br />required to pay to Beneficiary funds for taxes and insurance in escrow.
<br />21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will pprovide to Beneficiary upon request, any
<br />tinancial statement or information Beneficiary may deem reasonably necessary. Tractor agrees to sign deliver, and file any
<br />additional documents or certifications that Beneficiary may consider necessary to perfect, continue, and preserve Grantor s
<br />obligations under this Security Instrument and Beneficiary's lien status nn the Property.
<br />22. JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this
<br />Security instrument arc joint and individual. If Tmstor signs this Security Instrwslen[ but does not sign an evidence of debt,
<br />Truster does so omy to mongage Tmstor's interest in the Property to secure payment of the Secured Debt and T[ustor does not
<br />agree [o be personally liable un die Secured Debt. if this Securry Instrument secures a guaranty between Beneticiary and
<br />Tmsmq Trvator agrees to waive any rights that may prevem Beneficiary from bringing any action ur claim against Tnm[or or
<br />any parry indebted under the obligation. These rights may ;n .lode, but are not barred. to, any anti- dcfimeucy or wiz- ac[io¢
<br />laws. Truster agrees that Bcncftctary and any parry [o this Security Insmnncnt may extend, rmdiTy or make any change in the
<br />terms of this Securiry marromcnt or airy evidence of debt without 'I7ustor'a consent Stroh a change will no[ relwac Truser
<br />from the terms of this Securiry Instrument. The duties and benefits of this Security Instrument shall bind and benefit the
<br />successors and assigns of Truster and Beneficial.
<br />23. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the
<br />]]urisdiction in which Beneficiary is located, except to the extent otherwise re cored by the laws of the jurisdiction wMre the
<br />Property is located. This Securiry Instrument is complete and Cully integrated. This Security [nstrumem omy not be ameMed or
<br />modified by oral ab'reemcnt. Airy secton in this Security Instrument, attadvnmus, or any 3'reerne related m the Secured
<br />Debt that coMicts with applicable law wdl not fie efteenve, uNess Ihat law expressly oz unpliedly pemdta the variations by
<br />written agmenren[. If any section oP this Seemity Instrument exmno[ fie enforced according [o its temss, that section will be
<br />severed and will no[ affect the mdoreeabiliry of the remainder of this Securty hmtmrnent. hemver used, the singular shall
<br />include the plural and the plural the singular. Tkre cspite and headings of me sections of this Securiry Iastrtunees are for
<br />cnnvcvience mrily and are not [o be used be Interpret or define the ternm of this Security Insttvmevt. Tune rs of the essence in
<br />this Security Instrument.
<br />24. SUCCESSOR TRUSTEE. Beneficiary, at Benefciary's option, may from time to time remove Trustee and appoint a
<br />succcssur trustee without any other formality than the desigrmlrou or writing. The successor trustee, without conveyance of the
<br />Property, shall succeed in all the title, power and duties conferred upon Trustee by this Security Instrument and applicable law.
<br />25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by firs[ class null to the
<br />appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one
<br />trustor will be deemed to be notice to all looters.
<br />26. WAIVERS. Except to the extent prohibited by law, Truster waives all appraisement and homestead exemption rights relating
<br />to the Property.
<br />27. OTHER TERMS. If checked, the following are applicable to this Security Instrument:
<br />Line of Credit. The Secured Debt includes a revolving line of credit provision. Although rim Secured Debt may be
<br />reduced to a zero balance, this Security Instrument will renmin in effect until released.
<br />0 Construction Loan. This Security Instrument secures an obligation incurred for the conswction of an improvement
<br />on the Property.
<br />0 Fixture Filing. Truster grants to Beneficiary a security interest in all goods that Grantor owns now or m the fomre and
<br />that are or will become fixtures related to the Property. This Security Instrument suffices as a financing statement and
<br />any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform
<br />COmmen ten Code.
<br />(] Riders.'rhe covenants and agreenimus of each of the riders checked below are incorporated into and supplement and
<br />amend the terms of this Security histro bent. [Check all applicable boxes]
<br />= Condominium Rider O Planned Unit Development Bider DOther ,,,,,,,,,,
<br />Additional Term..
<br />SIGNATURES: By signing hclow, Truster agrees to the terms and covenants contained in this Security Instrument and in any
<br />attachments. Truster also acknowledges receipt of a copy of his Security Instrument on the dale slated on page 1.
<br />7X -OZ
<br />RAMIRO J FAQ � (pain) (51 r (Dam)
<br />( bnaure) Z gna ere) ]3.SRIIARA S b'AH
<br />ACKNOWLEDGMENT:
<br />STATE OP ... 1pV� f ��CN. ,CO Tv OB- _(,�.Q -� }se.
<br />I ml.;ee,a This instrument was acknccciwled cd before nee this !�t�© day of
<br />by RAMIRO J PAZ and BARBARA S PAZ
<br />My concussion expires: GENERAL NOTARY Stalt Of Nebraska r iyi ld- �/tlfGtl��
<br />CATRINAM SRUDA (rvo(ary Public
<br />My Contra Exp. Aug. 10; 2003
<br />© 1.l eu,k.. 61ienry, Inv, al. elau0. MN IDBOOO$]2aG1) FOTI PEOr to 1.91. (j199tl 4 ef4)
<br />=�- C165(NE) lesmr
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