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200214514 D_ Tnslor shall immediately notify Beneficiary in writing as soon as Trustor has reason to believe there is any pending or Threatened investigation claim, or proceeding relating to the release or threatened release of any Haetudous Substance or the violanon of am' Envnonmental Law, 12. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Truster will not be required to pay to Beneficiary funds for taxes and insurance in escrow. 13. JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Truster signs this Security Instrument but does not sign an evidence of debt, Truster does so only in mortgage Truster's interest in the Property to secure payment of the Secured Debt and Tnamir does ant agree to be personalty liable on the Secured Debt. If this Security Instrument secures a guaranty between Beneficiary and Truster, Toaster agrees to waive any rights that may prevent Beneficiary from bringing any action or claim against Truster or any party indebted under the obligation. These rights may include, but me ant limited to, any anti- deficiency or one - action laws. The duties and benefits of this Security Instrument shall bind and benefit the successors amt assigns of Truster and Beneficiary. 14. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This Security hslo ntcnl may not be amended or modified by oral agreement. Any section in this Security EuYmmenl. attachments, or dnv agreement related m the Secured Debt that conflicts with apppheable law will not be effective, unless that law expressly or ions iedlp permits the variations b, written agreement If env section of this Securib Instnnnent cannot he enforced according to its Terms. that section will be severed and will not affect the enforeeabihb of the remainder of thus Security histnurtent. 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 terns of this Security Instrumem. Time is of the essence in this Security Instrument. 15. SUCCESSOR TRUSTEE. Beneficiary, r Beneficiary's option, may from time to time remove Trustee and appoint a successor trustee without any other formom, than the designation in writing The successor trustee, without conveymse of the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instnnnent and applicable law. 16. NOTICE. Unless otherwise required by law, mw notice shall be given by delivering it or by mailing it by first class mail to the appropriate partv's address on page I of this Security I strument, or to any other address designated in wtiliog. Nonce to one nnstor will be decnted to be notice to all tntstors_ 17. WAIVERS. Except to the extent prohibited by law. Truster waives all apprismnent and homestead exemption rights relating to the Property. IN. 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 Instrument will remain in effect until released. 19. APPLICABLE LAW. This Security Instrument is governed by the laws as agreed to in the Severed Debt, except to the extent required by the Imes of the jurisdiction where the Property is located, and applicable federal Imes and regulations. 21). RIDERS. The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of Ibis Security Instrument_ IC'hcck ill appliaablc boxes) 0 Assigmnent of Leases mid Rents = Other 21. E-1 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. = ADDITIONAL'I'ERMS. SIGNATURES: By signing below. Truster agrees to We terms mm covenants contented in this Security hudirm rid and in any aunchments_ Truster also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1_ ACKNOWLEDGMENT STATE OF Nebraska hu , COUNTY OF Hall ;ss. This inslrtnncnl was acknowledged d bePare me Ihas24th dew of Deaeauber 2002 by JAMES bIUEILER and KAREN A taNSILEK 9h coral ltissmn expires Slate of Nebraska ��i�iY nry anei e) CYNTHIA J.J. ST 3 hY COmm Ex 0199a B,,kers State— in, Sa Cl-d. MN roan oenREDT NE M3199 (page 4 0{ 4) - e466(NE) taROZl 92 m (aisnawa)JAMES MUSZLER (Date) (Signature) RAREN A MOSILEK (Dune) ACKNOWLEDGMENT STATE OF Nebraska hu , COUNTY OF Hall ;ss. This inslrtnncnl was acknowledged d bePare me Ihas24th dew of Deaeauber 2002 by JAMES bIUEILER and KAREN A taNSILEK 9h coral ltissmn expires Slate of Nebraska ��i�iY nry anei e) CYNTHIA J.J. ST 3 hY COmm Ex 0199a B,,kers State— in, Sa Cl-d. MN roan oenREDT NE M3199 (page 4 0{ 4) - e466(NE) taROZl 92 m