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200206078 Unless otherwise agreed in waling. all insurance proceeds shall he applied to the restoration or repair of the Pro[crty or to the Secured Debt, whether or not then due_ at Bcncfic iary's option. Any application of proceeds to pancipa 'hall not extend or postpone the due date of the scheduled payment nor change the amount of any payment Any excess will be ppaid to the Grantor. If tie Property is acquired by Beneficiary, Imvtor's right to any insurance policies and proceeds resulline, from damage to the Property before the acquisition shall parr to Beneficiary to the extent of the Secured Debt immediately before the sequo,umu_ 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be required to pay to Beneficiary funds fur [axes and insurance in escrow. 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. "frusmr will provide to BenefieWO upon request, any financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, deliver, and file any additional documents or certlfmafions that Beneficiary may consider necessary to perfect, continue, mid preserve Grantor's obligations under this Security Instrument and Beneficiary's lien status on the Property. 22.. JOIN 'I AND INDIVIDUAL LIABILITY; C I- SIGNERS; SUCCESSORS AND ASSIGNS ROUND. All duties under this Security Instrument are joint and individual It I ustor sonis this Security Instrument but does not sign an evidence of debt, -1 rusfor does so only to mortgage Trust r s interest in the Property to secure payment of the Secured Debt and Trustor does not agree to he personally liable on the Secured Debt If this Security Instrument secures a guarmny between Beneficiary and Trustor, Truster agrees to waive any ',flits that may prevent Beneficiay Four bringing any action or claim against 'liustor or any party inrrebted under the oh ganon. These rights may me ude, but are nut limited to, any anti- deficiency or one -action laws. Trustor agrees' that Beneficiary and any party to this Security Ins torment may extend. ahoduy or make an} change to the terms of this Sccurily Instrument or any evidence of debt without I rustor's consent. Such a chance wdl not ecicave Trustor from the terms .(it,,, Sccurily Instrument. The duties and henefits of this Security Instrument Amll bind and benefit the suuccaems and assigns of I instor and Beneficial. 23. APPLICABLE, LAW; SEVERABILITY; INTERPRETATION. nits Security Instrument is governed by the laws of the jurisdiction in which Rencficiary is located, except to the extent otherwise required b the laws of thejurisdiclion where the Property is located. This Securty Instrument is complete and fitly integrated. This Security Instrument may not be amended or modified by oral agreement Any suction to this Security.Isstrument, attachments. of any agreement related to the Secured Debt that cnnfltcts with applicable law will not he effective, unless that law expressly or implicdly permits the cariattons by written agreement If any section of this Section) Instrument cannot be enforced according to its terms, that section will he sev,ned� and will not affect the enfnrecability of the remainder of this Security Instrument W7henever 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 arc not to be used to interpret or define the terms of this Secm ity Instrument Time is of the essence to this Security Instrument 24. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may front time to time remove Trustee and appoint a succcvsnr 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 dubcs conferred upon trustee by this Security Instrument and applicable law_ 25, NOTICE. Unless otherwise required by Imv, any notice shall he given by dcltvcrine it or by mailing it by first class mail to the approprinte party's address on page I of this Security Instrument, or to any other address designated in writing. Notice to one truster will he decmcd to be notice to all nvstors. 26. WAIVERS. Lxcept to the extent prohibited by Imv, 75ustor waives all appmiswneut and homestead exemption rights relating to the Properly. 27. O'1'l1ER TERMS. if checked, the following arc applcahle to this Security Instrument Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. ((instruction Loan. This Security Instrument care, an obligation incurred for the construction of rah improvanenl ou the Properly. Fixture Filing. Trustor grants to Bcncficiary a security interest in all goods that Grantor owns now or in the fbnu'e and that are or will become fixtures re mod to the Property. This 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 I Riders. The cm- enants and agreements of Inch of lire riders checked below are incorporated tnlo and supplement end amend the terms of this Security Insnument. [Check all applicable boxesl I Coudomahium Rider Plumed Unit Development Rider _ Other Additional Terms. SIGNATURES: By signing below, Trustor agrees to the terms and covchmhis contained tin this Security Instrument and tm any atachmculs. Trustor also acknowledges receipt of a copy of this Security Instrument on the date Stated ou page I. fSignsum) DpLF R CHTHRTZ llumd (tiirnawry tDiao ACKNOWLEDGMENT: �� SIAILOr %yP(' //I -�ilzt " "' doll I Shia fast oitvygs acA)hpiy -I of of before me this Myc, 11 on expires', -4,JP g,/, Z602 GENERAL NOIARY -State of Nebraska II GAIL BRUMMUND My Comm. Eap. W. 24, 2002 COUNTY OF s41oll /'- day of e7ol Nnlury YuM1LCI s, . tsss..eea..s e:wli roan RCLriJe 1117 3l (page d of AJ ®- C166(NE) msoe, o' or