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09/26/2003 15:07 1 -308- 382 -7782 GI ABSTRACT,ESCROW PAGE 08 200312978 21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trusmr will provide to Beneficiary upon request, any fioencial statement or information Beneficiary may deem reasonably necessary. Tnutor agrees m sign, deliver, and file any additional domnnents or certifications that Beneficiary may consider necessary to perfect, c rideov, and preserve Trotter's obligations under this Security Instrument and Beneficiary's lion status on the Property. 22. JOINT AND INDIVIDUAL LIABILITY; COSIGNERS; SUCCESSORS AND ASSIGNS BOUND. All dudes under this Security Instrument are joint and individual. If Itusmr signs this Security Instrument but does Dot sign an evidence of debt, Trusmr does so only m transfer, mortgage and Convey Trustur's interest in the Property to secure payment of the Secured Debt and Tnrstor does not agree to be personally liable ou the Scored Debt. If this Security Instrument Secures a guaranty between Beneficiary and Trustor, Trustor agrees to waive any tights that may prevent Beneficiary from bringing any action or claim against Tnsmr or Buy patty indebted under the obligation. These rights may include, but ate Dot limited m, any anti-deficiency or omraction laws. Tmstor agrees teat Beneficiary and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or soy evidence of debt without Trustor's moment. Such a change will Dot release Truster from the teens of this Security Instrument. The duties and benefits of this Security Inswment shall bind and benefit the successors and assigns of Trtutor and Beneficiary. 23. APPLICABLE LAW; SEVERABILM; INTERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Beneficiary is located, except to the extent otherwise required by the laws of the jurisdiction where the Property is located. This Security Insfmmem is complete and fully integrated. This Security Instrument may nm be amended or modified by oral agreement. Any section in this Security Instrument, ahacbmemta, or any agm mem related to the Secured Debt that conflicts with applicable law will cot be effective, unless that law expressly or impliedly Ixriies the variations by written agreement If any section of this Security Instrument cantor be enforced according to its terms, that section will be severed and will cot affect the eaforceability of the remaiDder of this Security Instrument. Whenever used, the singular shall include the plural and the plural die singular. The captions and headings of the sectiona of this Security Instrument are for conveaience only and are cot to be used to interpret or define the terms of this Security Instrument. Tom: is of the essence in this Security lu mmem. In the event any section in this Senuity ingtmmem directly conflicts with any section of the revolving line of credit aWeement or promissory note referenced in Secdon 4, the terms and conditions of said revolving line of credit agreement or promissory Once (u applicable), the arbitration agreemcm and the agreement to provide flood/property insurance all of which Trustm agrees to by Signing this Security lose, cm, the terms and conditions of said documents and Dot the Security Instrument shall control. 24. SUCCESSOR TRUSTEE. Beneficiary, at BeOeficiary's option may from time m time temwe Trustee and appoint a auceessor trustee without any other formality than the designation in writing. The successor trustee, without conveyance of the Property, shall succecd to all the tide, power and duties confined upon Tmstce by this Security Instrument and applicable law. 25. NOTICE. Unless otherwise required by law, any notice shall be given by ddiveting it or by mailing it by first class mail to the appropriate party's address on page I of this security Instrument, or to any other address designated in writing. Notice m one emstor will be deemed to be notice to all Tnsmrs. 26. WAIVERS. Except to the extent prohibited by law, Trostor waives any tight regarding the marshalling of liens and ass es, and hereby releases and waives all right, under and by virtue of it, homestead exemption laws of this stare. NEBRASKA - DEED OF TRUST LENE7 21M 1"670. 20032611614520