200209188 - Laserfiche WebLink

Browse

2002QQj.$S D. Trustor shall immediately notify Beneficiary in writing as soon as "fluster has reason to believe there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any I Iazardous Substance or the violation of any Envtronmcntal Law. 12. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, '1 roster will not be required to pay to Beneficiary fiords for taxes and insurance in escrow. 13. JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS SUCCESSORS AND ASSIGNS ROUND. All duties under this Security Instrument are joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of debt, Trustnr does so only to mortgage Trustor's interest in the Property to secure payment of the Secured Debt slid Trustor does not agree to be personally liable on the Secured Debt If this Security Instrument secure a guaranty between Beneficiary and Trustor. Trustor agrees to waive any rights that may prevent Beneficiary from bringing any action or claim against Trustor or may party indebted under the obligation. 'these rights may include, but are not limited to, any call deficiency or uric-action laws. The duties and benefits of this Security instrument shall hind mid benefit the successors and assigns of Trustor and Beneficiary. 14. SEVERABILITY; INTERPRETATION. this Security Instrument is complete and fully integrated_ This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be ef'f'ective, unless that law expressly or implicitly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will nut affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. I he captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret ar define the terms ofthis Security Instrument Time is of the essence in this Security Instrument. 15. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a successor trustee without any other fomaality thmu the designation in writing. The successor trustee, without conveyance of the Property, shall succeed to all the title, power and duties conferted upon Trustee by this Security Instrument and applicable law. 16. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing_ Notice to one tnasmr will he deemed to be notice to all humors. 17. WAIVERS- Except to the extent pmlribited by law, "fluster waives all appraisement and homestead exemption rights relating to the Property. 18. LINE OF CREDIT. The Scoured Debt includes a revolving line of credit Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. 19. APPLICABLE LAW. this Security Instrument is governed by the laws as agreed to in the Secured Debt, except to the extent required by Ilse laws of the Im'isdiction where the Property is located, mid applicable federal laws mud regulations. 20. RIDERS. 'f he covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] 0 Assignment of Leases and Rents ] Other 21. 0 CONSTRUCTION LOAN. This Security Instrument is a. construction security interest which secures an obligation incorrect for the construction of m, improvement on the Property. 22. E-1 ADDITIONAL 'PERMS. SIGNATURES: By si ring below, Trustor agrees to the terms mid covenants contained is this Security Instrument and m any attachments= Froosst �aallss000aaaccknowled receipt of a copy of this Security instrument oil the date stated on page L n'i.¢lcJ ( /� f.Ulif.r/ (s,nu' l e)RONALD P PPSNNI G / IDaw) ISlynnwrdJ MARGARITA PFENHINIy (Dare) ACKNOWLEDGMENT STAFF OF Nebraska COUNTY OF Mall ;ss. a•m.0 _ _______ _______ __. -_. ___. This mstrumcnl was acknowledged before me this 26th day of August 2002 by RONALD P PFRNNING, MARGARITA PFBNNING Husband and Wife My conunlsmall expires: fiMM NOTARY. SCI dGiga ANNEIEE DAVIS C.. ru.nir r�unl NqC mm. EV. Bit 73,'[006 01994III, —Sysl— Inc. N, III,, of Form OC9- PFeT -NF 1 19199 ipagv 4 of 4I ®- C465(NE) Ievuzl_11 w