200207662 - Laserfiche WebLink

Browse

200207662 Unless otherwise agreed it, w,iInol, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Scorned Dcbl, whether or not then dun ad BeneBciary's option. Alt, application of in "Tcl, to principal .shall not extend or postpone the due date of the scheduled payment nor chance the al l A any payment Any excess will be paid to the (:tailor. If the Property is acquired by Beneficiar), 'I rustor's right to any insurance policies and proceeds resulting fiom damage to the Properly before the acquisition shall pass to Rcncfrciary to the extent of the Secured Debt immediately before the acquisition. 21). ESCROW FOR 'PANES AND INSURANCE. Unless otherwise provided in a separate agreement, Trusdor will not be mqunel to pay to Beneficiary funds for taxes and insurance in escroo. 21. FINANCIAL. REPORI'S AND ADDITIONAL DOCUMENTS. Truslot e +ill prmide to Beneficiary upon request, any financial statement or information Beneficiary may deem reasonably necessary. Tumor agrees to sign_ deliver_ and file any additional documents or cerlif,nious that Bencficiary may consider necessay to perfect, continue, and presere Grantor's obligations under this Security Insnvment and Rencfidary's lien status on the Properdy. 22..OIN'I AND INDIVIDL AL LIABILITY; CO-SIGNERS; SI; CCEISSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. It rustoi signs tilts Security Insnl but does not sign an evidence of debt, Trusror, does so only to mortgage Truslot s intcresd in the Pteerty to secure payment of the Secured -Debt and I lintor does nor agree to be personally liable on the becured Deht. It this Security Insn'umeat sections a guaranty bemecn Renefis any and Trus let . Truslot agrees to wake any r iggills that in," prevent Rne eficiary from bringing any action or claim agiiv't Im'tca or any party indebted under the ohlrganon. Thcsc rights may include. bud are not broiled lo. unv 'nol 'lr art bit lass- ltustor ago -'s that Itcn t -'I:y and :r ; rty to flos S uriL lna..n tent muy "tell! modify or niAe sum chance ill Ilse terms of tilts Security Iastrunrat or anv ccidencc of debt wtlhoul Tneslor s consent. Such a change will nor release Turner fiom the terms of thus Security Instrument The duties and benefit., of This Security luatruureul 5611 bind and benefit the u¢cessir, and assigns it ltustor and Renefietal_ 23. APPLICABLE LAN; SEVERABILIT]'; IN'FERPRE'FA'1'ION. -this Searttgr Iusunmeut is governed by the lases of the �un,cudton ill which Reneficiary rs localed, tcept en the cxlcnl otherwise required by the Imes of the jurisdiction where (lie roperty is located Ibis Security luster mcut " coa lele and fulhr integrated. This Security lnstrument may not he amended or modified by oral ugreeueru. Any Section in this Seeulity Instnuncnt, attachments. or any agreement related to file Secured Debt that cnnfo,ts with applicable law will ...t he effecfivc unless that law expressly or ruplo,dly per si ds the wattat an, by ejuten agreement, If any section of this Secuttly Instrument cannot be entoocced according to its tens_ that section will he severed and will not affect the enfolecvbilily oC the remainder of Ilus Secuttly hishument. Whenever used, the srng.la, shall tndude the plural and the plural the singular. The captions and headings of the sect..... of this Security hhstrauent are for cone entering only and arc not to be used to interpret or define the leans of this Security Instrument Time is of the essence in this Seclu tit" I ..stru... cart . 24. SUC'C'ESSOR TRUSTEE. Beneficiary, at Beneficiary's option_ may fi'onh trio to time rcmovc Trustee and appoint a ucccssor ht slcc without arl other formality tlrnn the deli na[inn in wri[in 'Ihe m11c110r trustee wtlhoul conceyarsc of the Property, shill succceA to all the tide, power and dunes conferred upon Trustee by this Secuttly Inslrumcnl mitt applicable law. 25, NOTICE. Unless ctherwia'e required by law. any notice shall be given by delivering it or by mailing it by first class marl to the appropriate party s address on page I of []its Sccurily hislrummit. or to any oilier address designaled in writing. Notice to one trustor still be deemed to be notice to all trustees. 26. WAIVERS. Except to the extent todulbtted by law, ltustor waives all appratsemeut and homestead exompimn rights relating to the Properly. 27. O'FIIER TERMS. If checked, tlhe follnu °trig arc applicahlc hi this Security Instrument Line of (ondit lLe Secwxd Debt ...lucks a revolving line of credit procrsion. Although the Seabed Dete may he reduced to a zero balance, this Security Instnnnent will remain in ell'ect until released. Conairudion Lan. This Security Instrument Secures an obligation incurred for the construction of an nn Pro' eme I on the Properly. Fixture Wiling. ltustor grants to Benetnuary a security interest in all goods that Grants .wits now or m the foune and Thal arc of will becoum fixdurcs related Io (lie Property, This Sccurily histnnneut suffices a.S a financlug statement and any carhon, photographic or other reproduction may be filed of record far purposes of Anicic 9 of the Uniform C'ommen,nd Code. Riders. Tile ccocuaWS and agreements of each of the riders checked below are incorporated into and supplement and amend the teens of this Security Instrument [Check all applicable boxes] Condominium Rider Planned Unit Development Rider Other Additional Terms. SIGNATURES: By .,going below, Trusdor agrees to the trims and covenants contained in this Scantly Instrmnent and in arty attachments. hments. Tru r sto also ack..owledgcs rccetpt of s nrin copy of the, Security Inment on the date stated on page I c . . mo„nl eves LU arse 0 Alua�cl (s. KAY 41 SmZ Uo"' ACRNONNILi I:NEN"f: STAIFOF Nebraska ,COUNTY OF Hall 1ntli'tl' "'" Ihrs instrument was acknowledged before me this day of by'Burl L Janzen and Kay A Janzen, Husband_ —and Wife My c.inmtaston expires. j GENEIMR0TAW.Sfeaf C � �, %•�� ANNEI�pA� MyCaom, Erin. RaYA 2= L 'a a sy,: 111, :. s a,ua. MN 1 soo 3s7flon i tine: He DI NG 10 2' ;7 (page 4 of 4) L1 661NE) twos sal w