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200207137 <br />Unless otherwise agreed in writing, m <br />all insurance proceeds shall be applied to the restoration or repair of the Property or m <br />the Secured Debt, whether or not then due, at Beneficiary 's option. Any application of proceeds I.o principal sliall act <br />cxtcvd or poster a die due dam of du scheduled p end nor change the vnount of any payment. Any excess ill be paid <br />ym w <br />tour damage . if the Pmgay' re (e ac ui ition soiary, 'ss to icier to any insurance pthe es and Proceeds resulting <br />a <br />from damage ui the Properly before the acquisition shall pass to BrnoEdxry m the extent of We Secured DffiI munWialdy <br />before the acquisition <br />20. ESCROW FOIL TAXIS AND INSURANCE. Unless otbenvisc provided in a separate agreement. Tooter will nod be <br />required to pay to Ilaicftciary Nods for taxes and insurance in escrow. <br />21. FINANCIAL REPORTS AND ADDITIONAL. DOCUMENTS. Turstor will provide to Beacfivary upon request, any <br />financial sNancad or information Beneficiary may deem reasonably necessary . Trustee agrees to sign, deliver, and file any <br />additional docvmaaa or certifications that Btudiciary may consider necessary to perfect, watiaue, and prmerve Grantor's <br />obligations under Ibis Security Insdmmcnd and Benenmary's lien status on dhc Properly. <br />22. JOINT AND INDIVIDUAL LIARILITY; CO SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under <br />Ihis Scarcity Instrument nmjoinl and individual. II "Duster signs this Security Iustrumem but does not Siva an evidence of <br />debt, 'Ifirsmr does so only to mortgage 'Ouster's hucresd in the Property to secure payment of the Secured Debt and <br />Trnslor does not agree n be personally liable on the ,Sttv[ed Dchi It this Stearn Instrument secures avguaranty Between <br />llenefi 1nIr and or any party agrees m waive he obligation that nay prevent Bm may Gore but are not action or, any <br />against Truster or any Bony ws. 'toaster under time at Beriom Deese rights may i this Security brit are not tinned ex a y <br />t <br />i nodify or ma or m, change Laws. 'ter mr f [[its drat ll histfnry and nny pang en Nis bt w without tent nay extend, <br />Such a h make any t release in dhc terms of this Security G Security li any evidence di alt ndibene is of cecurit. <br />Such a change will not nbeach, (lie Sta from the demos of Nix Scavoty hawnmw. The ditties and benefits of Ihle Security <br />Inewmcnl shell hind caul bntcht @c memxsma and nasigtm of "l'rusror and Beneficial, <br />23. APPLICABLE LAW; SEVF.RAIDLITY; INTERPRE'TA'TION, 'Phis Security Instrument is governed by the laws of We <br />jurisdiction in hich Beneficiary is locaa� except to dhc xuad otherwise required by the Taws of the jurisdiction where <br />the Property is Locate. Ibis Security Instrument is complete and fully integrated . Tbrs Security Instrument may not be <br />anoended or modified by oral agreement Any section it, this Swathe hsshumcnt, Attachments, or any agreement related to <br />Life Secured ))chi that mndlicts with applicable Law will nod be cObeiive, unless that law expressly or impliedhy permits time <br />vamp o w by wrnicn agreenicut. If any section of this Security Inatrumcm cannot lie reported according to is terms, [list <br />section will be mrveM and will plural anuct the ur l the sing of the remainder of this Seeutlry [lie sections Whenever used, <br />The singular shall include the plural and the plum) the soused t Thu captious and Incadi ter of the is Secs of this Semen. <br />Instrument blue Is f as for wmerniis se only ands not to be used m interpret or define the demos of @h Security Instrument. <br />l`Ilrn a of ILO Cs.¢CrCe In this SlC11IlIy IIIalNlaenl, <br />U. SUCCESSOR 'TRUSTEE. Beneficiary, at Rene.Gciary option, may from time to little remove '1'rastee and appoint a <br />successor Iretire without any other formality Ilona the dlcaignalion in ling_ the successor trustee, wMotor conveyance of <br />the Property, shall succeed to all Ibe title, power and dunes Conferred upon fiction by this Security Instrument and <br />applicable law. <br />25. NOTICE. Bows otherwise required by law, an), ifolict shall be given by delivering it or by mailing it by first class Emil <br />to (he appropriate party's address on page I of this Security Iustmment, or to any other address esignated in writing. <br />Notice to one trustor will be de nncd to he notice to all trusters. <br />261 WAIVERS. Except to the extent prohibited by law, Tmstor waives all apprauunma and homestead exemption rights <br />refuting to the Property. <br />27. OTOER TURMS. If checked, the following are applicable m ddo Security Instrument: <br />❑ Line of Credit. The Secured Uebd includes a revolving line ofaedd Provision. Although tie Secured Dcbt may be <br />reduced to a zoo balance, [his Security Instrument will remain in effect until released. <br />❑ ConstrIlObas Lean. 'ills Seercity Wslrummn[ scaures an obligation Incurred for Ibe crostructdmt of an improvement <br />on dho Properly- <br />❑ Fixture Filing. Tmslln goods to Beneficiary n security interest in all goods Ilmt Gander owns now or in the heard <br />and that are or will become fixtures related to the Property ills Security hatmnient suffices as a finatmhtg <br />stademcvd and any carbon, phomgraplic or other reproduction may be filed of record for purposes of Anicic 9 of the <br />Uniform Commercial Colo. <br />❑ Rldurs. the reversals and agreements of each of [lie riders checked below are ire rponaud into and supplement and <br />a <br />mend the bans of this Security instrument. (Cheek all applicable boxcil <br />❑ Condominium Bider ❑ Planned Unit Development Rider ❑ Other ............ .. ....... .... __._.._._........... <br />i AMllonal Terms. <br />SIGNATURES: By signing below, 'I rusmr agrees In the terms and etve:ams wnlainW in this Security Im[mmern amt iv any <br />at hadincents 'i' Too or also ack How Iedges i.,cipl of a copy el'this Security Iosimmenl Of the date stated on page 1. <br />ACKNOWLEDGMENT <br />STATE OF NEBRASKA ................11.1 COUNTY OI HAIL......,,,.,.. .......,,,,.,..... .) ss. <br />a.•40 Ilia instrument was acknowledged Samoa me this _. Hld,._. .. day of ........... AEW 109? _._.__. . <br />by AHGENE Z IIIGPd AN, IIM „APPIEP PERSON ... .., .......... .... ... ....... . <br />tmis u expert's 06062002 iS- <br />p(pBBAkNpIARYStlk RlshtasAa d HEATH <br />_.._ <br />Y eon <br />JON AHEATH M;,wyt m9 <br />o urytEalra,64'1F 9r me o err Ill leave 4 of 4. <br />L...0 <br />act <br />irooli MINE ............. <br />hstw�amret 2 <br />.. <br />LUCAS <br />........... <br />............... <br />(ttawl <br />__. _....._ <br />(siyiatum) <br />.....,.,.,........ ._.............. <br />Naml <br />ACKNOWLEDGMENT <br />STATE OF NEBRASKA ................11.1 COUNTY OI HAIL......,,,.,.. .......,,,,.,..... .) ss. <br />a.•40 Ilia instrument was acknowledged Samoa me this _. Hld,._. .. day of ........... AEW 109? _._.__. . <br />by AHGENE Z IIIGPd AN, IIM „APPIEP PERSON ... .., .......... .... ... ....... . <br />tmis u expert's 06062002 iS- <br />p(pBBAkNpIARYStlk RlshtasAa d HEATH <br />_.._ <br />Y eon <br />JON AHEATH M;,wyt m9 <br />o urytEalra,64'1F 9r me o err Ill leave 4 of 4. <br />