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200206971 Unless otherwise agreed in writing, all inewunce pprr c ads .cNal l he applied to the resmm[ion or repair of the Propperty or m the Secured Dcbt, -he[Iter or oat then duc t gracfidary'a option. Any application of proceeds to prinehpN, shall not extend or postpone the due data of the scheduled pavmem nor change the amount of any payment Any excess will be paid to the Grumman It the Property acquired by Bemeficei 'I inter'a Tight to any insurance p fides and proceeds resulting from damage to the Property before the acquisition shall-pas; to Beneficiary to the III of the Seemed Debt mmvwdiately before the u:qulsition. 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Truslor will not be required to pay to Beneficiary funds for taxes and insurance in ewmI 21. FINANCIAL REPORTS AND ADDITIONAL DOCUNIEN IS. Truster will provide to Beneficiary upon request, any fi a ndal Statement or information Beneficiary may deem reasonably nedesaary - I roster agrees to sign, deliver, and the any additional documents or certifications that Haneficiary may consider neccsswY to perfect, conbnw, and preserve Grantor's obligations under this Security Instrument and ilc efioiary's lien status on the Property. 22. JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND: All duties wade [Ifs Sectary lvstrument are joint and individual. If Friona signs this Security Instrument but does not w m an evidence of debt Trader does so only to mortgage Tvtstor's interest in the Props fly to secure payment of the SecurediSebt and Truster does not agree to be personally liable on the Secured Debt. If this Secwtry Instrumenl Siena; a mandate behveen Beneficiary and Truslor, Triennia ggrrees to waive any n lire that may prevent Bemneficiar from bringing my anion or claim against Trnstor or any party of, led under the day ce. These rights may life lad , but we of limited to, v anti - deficiency or min action law._ Iroster agrees thin CCordiality and any party to this Security hutrmmvw may extend, modify r eke any change in the terms of this Security Instrument or any evidence of debt without Truster's consent. Stich nthongg = D not release Tristan from the terms at this Security Instrument The duties and benefits of this Security Instrument ah all vfind and benefit the successors and ensigns of Ttustor and Beneficial. 23, APPLICABLE LAW; SEVERABILITV; INTERPRFI'I'A'I'[ON. This Security Instrtunent is governed by the laws of the jurisdiction in which Beneficiary is located, except to the extan otherwise required by the laws of the jurisdiction where the roporty is located This Security Instrument Is complete and fully integrated. This Security Instrument may not be amended or modified by oral aireemaa Any section to this Security Instrument, anadunents, or wry agreement related to the Secured Debt that wn[lias with applicable law will not be cffetive, wuess that law expressly or impliedly permits the variations by written agreement. It any s lion of this Securityry Instrument cannot be enforced according to its terns, that .action will be severed and will not allce[ the enfomenbdnty of the reminder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the snorter. The captions and headings of the sections of this Security Instrument arc for convenience only and me not to be used to interpret or define the tens of this Severity Instrument time is of the nxence in this Security Instrument. 24. SUCCESSOR 'IRUS'FEE. Beneficiary, at Beneficiags. option, may from time to time remove Trustee and appoint a successor France without an other formality than the Best m than in wnhng. The successor truatce, without conveyance of the Prnpe la shell succeed In all the title, power end wies cnnfarcd upon Trashes by this Security Ivsnumen[ and applicable Ivw. 25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it bye first class mail to the appropriate parry's address on page I of this Security Instrument, or to any other address deshgute n writing. Notice to one hustor will be residual to be notice to all Trustees. 26. WAIVERS. Ilxcept to the extent prohibited by Imv, Truster waives all apprabement and homestead exemption rights relating In the Property. 27. D'1 HER TERMS. If Blocked, the following are applicable in this Security Instrument. 0 line of Credit. The Sedated Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security between will remain in effect until released. =Construction Conn. This Security Instrument se,ures an obligation Incurred for the wmtmaion of an improvement on the Property. F-1 Fixture Filing. Trtrotor grants to Beneficiary a sccurav interest in all goods that Grantor owns now or in the prime and But are "s will become fixtures related to the limp arty. This Security Instrument suffices as a finuetng Statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code =1 Ridden. The emmenis and agiemeno of each of the riders checked below we incorporated into and Supplement and amend the of of this Security Innrament. [Check all applicable boxes] = Condominium Ride 0 Planned Unit Developnted Rider = Other L1 Additional Terms. SIGNATURES: By signing below. Truster agrees to the terms and covenants contained in this Security Instrument end in any attachments_ Tnrster also acknowledges rcecipt of a copy of this Security Insrument on the date stated on page 1. 7�nrca tsAnan,ret NAND M VARA mewl (siyncmra (cau) ACEN'OWLEDGMENT S'1'A'I-B OF NEBRASKA , COUNTY OF HALL SS. o.e . ew" This instrument was acknowledged before vin this 24 day of JUNE, 2002 by NANCY M VARA, AN UNMARRIED PERSON My mmmnhsston expires GFNEA41 MO7eA / $tlII of MOrMtE woes e�een CATHERINEJ.SRII FF Mycomm. Fr0. pI "c t I ur „moo,. Ia_w yr in.. x. [pAB4of4) lz-C 15 5( N E) (I III