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200600660 Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principa shall not extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately before the acquisition. 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be required to pay to Beneficiary funds for taxes and insurance in escrow. 21. F1N~CIAL REPO~T~ ANp AJ)m~I9NAL DOCUMENTS. Tmstor will provide to Benef\ciary upon reque~t, any financIal statement or mformatlOn BenefIcIary may deem reasonably necessary. Tmstor agrees to sIgn, delIver, and hie any additional documents or certifications that Beneficiary mar consider necessary to perfect, continue, and preserve Grantor's obligations under this Security Instrument and Beneficiary s lien status on the Property. 22. JOINT ANn INDIVIDUAL LIABILITYi CO-SIGNERS; SUCCESSORS AND ASSIGNS nOUND. All duties under this Security Instmment are joint and indiVIdual. If Tmstor signs this Security Instrument but does not sign an evidence of debt, Trustor does so only to mortgage Trustor's interest in the Property to secure payment of the Secured Debt and Tmstor does not agree to he personally liable on the Secured Debt. It this Security Instrument secures a guaranty between Be~efici?ry and Trustor, Tmsto~ agrees to waive any ri&hts .that I:~ay pre~ent Benefic}ary from bringing any .ac!ion or claim agamst fmstor or any party mdebted under the obligatIOn. I hese fights may mclude, but arc not Inmted to, any anti-deficiency or one-action laws. Tmstor agrees that Beneficiary and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any eVIdence of debt without Tmstor's consent. Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security Instmment shall bind and benel1t the successors and assigns of Trustor and Beneficial. 23. APPLICABLE LAW; SEVERABILITY; 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 Instmment IS complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instnullent, attachments, or any agreement related to the Secured Debt that conOicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations. by written agreemen. t. 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 arc 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. 24. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a successor trustee without any other form~lity than the design~tion in writing. The. ~uccessor tm~tec, wit~lOut conveyance of the Property, shall succeed to all the tille, power and dutIes conferred upon I rustee by thiS Secuflty Instrument and applicable law. 25. 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 trustor Will be deemed to be notice to all trustors. 26. WAIVERS. Except to the extent prohibited by law, Trustor waIves all appraisement and homestead exemption rights relating to the Property. 27. OTHER TERMS. If checked, the following are applicable to this Security Instrument: D Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. D Construction Loan. This Security Instrument secures an obligation incurred for the construction of an improvement on the Property. D Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrument sufTices as a financing statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code. D 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. ICheck all applicable boxes] D Condominium Rider D Planned Unit Development Rider CJ Other D Additional Terms. SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Tmstor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. ACKNOWLEDGMENT: STATE OF .Ne.braska , COUNTY OF Hall This instmment was acknowledged before me this18th day of January __2QQIL_ by J)N'l"IE:I. _H_W~~Kl3f ._.JyDJTFI__ C.... WEE:KJ3n My commission expires: I I __Jp-~__~f~_v~ (Sign~~~IEL H WEEKS /-/g-{) (., (Dale) (Individual) ~ 0 1994 Bankers Systems, Ine" S1- Clond, MN Form RE-DT-NE 1/30/2002 . -C165tNE) 10301) @ . \; ....O~~ c- WJ~ (Sig~'re) JUDITH C WEEKS I;}flo b (Dale) }ss. ') jJ L ~_,,~4eL~-c4 ~'..~, KATHL~A SCHLACHTER (page 4 of 41 .