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200207136 <br />Unless otherwise agreed in writing, all Insurance ppr c Ga es <br />ls shall he applied to We restoration or repair of We Property or to <br />We Secured Debt, whether op wl Wcn due, at Knelieiary's option. Any application of proceeds to principal shall not <br />extend or postpone the due date of the scheduled par yn ent ism change the amount of any payment. Any excess will be paid <br />to the Glaser If the property is acquired by Beneficiary, To en,s right to any interpreter policies atilt proceeds resulting <br />from damage to the Proprty before the acquisition shall pass to Beueficlary to We extent of the Secured Debt immediately <br />before We acquisition. <br />20. ESCROW FOR 'FAXES AND INSURANCE. unless otherwise provided in a separate agreement, 'Pmstor will not be <br />reluhcd to pay In Beneficiary funds for taxes and insurance in escrow. <br />21. FINANCIAL REPORTS AND ADDITIONAL. DOCUMENTS. Truslnr will provide to Berwiniary upon request, any <br />fusnclel statement or 9nhamation practiciury, may From reasonably necessary. 'toaster agrees to sign, deliver, and File any <br />additional document or certifications that Beneficiary may consider uectP ary to perfect, continue, and preserve Grantor's <br />obligations under This Security Instrument and Beneficiory's tied status on the property. <br />22.. JOIN 'l AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCC'F.SSORS AM ASSIGNS BOUND. All duties above <br />this Security Instrument arejoint am hudvidual. If Truslnr signs this Security lnnlwae7a but dues net sign an evidence Of <br />debt, Pmstor does so only to mortgage Tlusem's interest in We Properly In secure payment of the Secured Debt and <br />Pmstor does net agree In he personally liable on the Secured Debt. It this Sccuntyy Instrument secures a guarani) hclween <br />Beneficiary and'I'rusmq 'fluster agrees m waive any right that rally prevent Beneficiary from bringing any action or court <br />against 'louder or any party indebted under the ebliyyatiou. These rights may include, but are not Waited to, any <br />ai- deficiche t -action Laws, Truster a that lCelicio and an party to this Security Immanent play extend, <br />y s no Shies ref Y Par <br />Such a t r take ill not change la the or from Of this Security Lemnos or any rddeTh of debt and its of th s cmoeut. <br />Instrument a change will not release t the su from the tams of this roster d Benerew. The duties and heteflr of this Security <br />Imlomom shall hold and benefit We successors and assigns af'Itusmr and Beneficial. <br />13. APPLICABLE LAW; SEVERABILITY; INTERPRET'A'TION. 'ibis Security Instrument is governed by the laws of We <br />jurisdiction i which Bcacficfary, is located, except to We extent otherwise required by We laws of the jurisdiction where <br />the Property in located. This Security Insvumes is compinc and fully integrated. This Security Instmmcnt may not be <br />ended or modified by orall agrcemcs. Any section in this Security lattmprom, anacbntrnls, or any agreupes related to <br />drc Secured Debt Uml conflicts with applicable law will too be effective, unless that law expressly or implicitly permits the <br />variations by written agreement if any section of this Security Instrument cannot be moneod according to its terms, [hat <br />section will be severed and will not affect the enforceability of the remainder of This Security Instrument Whenever used, <br />the singular shall include the plural and the plural the singular, The captions and headings of Wt suctions of this Security <br />Bmtoment are for convenience coy and arc out to he used to iscipref or define the terms of this Security Insvument. <br />Time is of We essence or this Security Instrument. <br />24. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from (hue a lime remove Tordce and appoint a <br />successor trustee without any Other Formality Won We desi matinn i writing Die successor border, without conveyance of <br />du Property, shall succeed to all Bc file, Prover and Nunes couRaed upon Trustee by this Security Inrdomenl and <br />applicable law_ <br />25. NOTICE. Unless o0urwise required by La s any notice shall be given by delivering It or by mailing it by Bet class mail <br />to the appropriate party's address On page1 of this Security Instrument, or In any other address designated ht writing. <br />Noliuc to one Imxtor will be deemed to be notice to all protons. <br />26. WAIVERS. lixcept to the extent prohibited by law, 'Timor waives all appraisement and homestead exemption rights <br />totaling to the property. <br />27. OTHER TERMS. If checked, We follow Idea arc applicable to this Security lustrmuenb <br />❑ Fine of Credit. The Secured Debt Includes a revolving the Of ordio prevision. Although Nu Secured Debt may be <br />reduced to a zero balance, this Security Istrumen[ will remain in effcut until released. <br />C Construction Lomb. 'f his Security Instrument secures art obligation incurred for the Conswction of an IMPnrvemem <br />on the properly <br />❑ Fixture Filing. fmstor grants oo Beneficiary a security adores( in all goods that Grantor Owns n m the future <br />uw u <br />and Flat are or will beenne I ems related to o clhe property_ 'I'Im- Security hmlmme[a suffices as a financing <br />Statement and any carbon, photographic or other repnsl limn play be filed Of record for purposes of Article 9 of We <br />Uniform Commercial Code. <br />❑ Riders. The coveliums and agreements of each of the riders checked below arc incorporated into and supplement and <br />&,lead the terms of this Security Instrument. [Check all applicable boxes] <br />❑ Condominium Rider ❑ planed Unit Development Rider ❑ Other .......... <br />_..... _..........._.____.___ -. <br />U Additional Forms. <br />SIGNATURES: By signing below, Truster agrees to the terms and covenants contained in this Secondly lustrunus and in any <br />attachments. 'I'msmr also acknowledges receipt of a copy of this Security Instmmes on We dale sated on page 1. <br />ACKNOWLEDGMENT <br />SPA'PF OF Nf$PASKA ....... ....._ ........ 1.,,.,,,.11...1 COUN'I'V or HALL .............. ........._..................... I Las. <br />n10nuu9t This instrument was acknowledged before me Wis .., ..... Alit. _. day of ___ _._.. tPU30W......... ..... ... <br />.. <br />by AP4n4ZWCA$AN OMAPPI[P PEPSON .., ..... 11 My con ��Fifl4l'If�1�g12al Nehoshe <br />JONA HEATH ... ......... <br />cP t mm. EMp Jan 9 2001 JON A W tnnwy tmetwl <br />®1294 0.,4.r. s.t.. w .run tt boo t Farm acuT- r to� lY9e 4 of 41 <br />t9 ®wmaF AIIEENE Z. LUCAS <br />fD9lo1 <br />(Seneaire) <br />(Wtp <br />ACKNOWLEDGMENT <br />SPA'PF OF Nf$PASKA ....... ....._ ........ 1.,,.,,,.11...1 COUN'I'V or HALL .............. ........._..................... I Las. <br />n10nuu9t This instrument was acknowledged before me Wis .., ..... Alit. _. day of ___ _._.. tPU30W......... ..... ... <br />.. <br />by AP4n4ZWCA$AN OMAPPI[P PEPSON .., ..... 11 My con ��Fifl4l'If�1�g12al Nehoshe <br />JONA HEATH ... ......... <br />cP t mm. EMp Jan 9 2001 JON A W tnnwy tmetwl <br />®1294 0.,4.r. s.t.. w .run tt boo t Farm acuT- r to� lY9e 4 of 41 <br />