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` - 200209339 D. Trustor shall immediately notify Beneficiary in writing as soon as Trustor has reason to believe there is any pending or threatened investigation, claim, or Proceedingg relating to the release or threatened release of any Hazardous Substance nr the violation of my Emirmi nental Law. 12. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, I rustor will not be required to pay to Beneficiary funds for taxes and insurance in escrow. 13. .JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUC'C'ESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Trustor signs this Security Instrument but does net sign an evidencd of debt, Trustnr does xo only to mortgage Trusted's interest in the Property to secure payment of the Secured Debt and Trustful does not agree to be personally liable on the Secured Debt_ If this Security Instrument secures 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 any party indebted under the obligation. These rights may include, but we not limited to, any anti - deficiency or one -action laws. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary. 14. SEVERABILITY; INTERPRETATION. this Security Instrument is complete and filly integrated_ This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related h1 the Secured Debt that connicts with applicable law will not be effective, unless that law expressly or impliedly 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 not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this 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 formality Oran the designation in writing. The successor trustee, without conveyance of the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument mid applicable law. 16. NOTICE. Unless otherwise required by law, any notice shall he given by delivering it or by mailing it by that class mail to the appropriate party's address on page I of this Security Instrument, or to any other address designated in writing. Notice to one trustor will be deemed to be notice to all trustors. 17. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraiscment and homestead eaeurption rights relating to the Property. 18. LINE. OF CREDIT. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced to a zero balance, this Security land salient will remain in effect until released. 19. APPLICABLE LAW. This Security Instillment is governed by the laws as agreed to in the Secured Debt, except to the extent required by the laws of the jurisdiction where the Property is located, and applicable federal laws and regulations. 20. RIDERS. The 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] = Assignment of Leases and Rents 0 Other 21. ® CONSTRUCTION LOAN. This Security Instrument is a construction security interest which secures an obligation incurred for the construction of an improvement on the Property. 22. D ADDITIONAL TERMS. SJGNATIiRES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Trustor also acknowledges receipts of a copy of this Security Instrument on the date stated on pages I (sien E N CKI rUatcl (' ami*Imi�'Aoa (Untc) ACKNOWLEDGMENT: STATE OF N.Iccaeka ,COUNTY OF Hall jd. IInAUJU111 _ - "Ihis instrument was acknowledged before me thisQljth day of Oi by'JONN E NOWICKI, JENNIFER L NOWICEI My commission expires: 66lFBAI.NOTA -8ub0t Nebraska NARK E. KERSTEN CC^^ *CM E*.Abp.17.2D06 `Mm Qi 1994 dol sysems Inc ., s cloud. o N Form 0cF- fFOT-sr I '13 99 (page 4 of 4) ®- C465(ll f.Fcl Ce m