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<br />200702649
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<br />....- right3 that may prevent Lender from bringing any action or claim against Grantor or any party indebted under
<br />the obligation. These rights may include, but are not limited to, any anti-deficiency or one-action laws.
<br />20. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee and appoint a
<br />successor without any other formality than the designation in writing. The successor trustee, without
<br />conveyance of the Property, will succeed to all the title, power and duties conferred upon Trustee by this
<br />Security Instrument and applicable law.
<br />21. FIXTURE FILING. Grantor gives to lender a security interest in all goods that Grantor owns now or in the
<br />future and that are or will become fixtures related to the Property.
<br />22. APPLICABLE LAW. This Security Instrument is governed by the laws of Nebraska, the United States of
<br />America, and to the extent required, by the laws of the jurisdiction where the Property is located, except to the
<br />extent such state laws are preempted by federal law.
<br />23. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Grantor's obligations under this Security
<br />Instrument are independent of the obligations of any other Grantor. Lender may sue each Grantor individually or
<br />together with any other Grantor. Lender may release any part of the Property and Grantor will still be obligated
<br />under this Security Instrument for the remaining Property. If this Security Instrument secures a guaranty
<br />between Lender and Grantor, Grantor agrees to waive any rights that may prevent Lender from bringing any
<br />action or claim against Grantor or any party indebted under the obligation. These rights may include, but are
<br />not limited to, any anti-deficiency or one-action laws. Grantor agrees that ~ender and any party to this Security
<br />Instrument may extend, modify or make any change in the terms of this Security Instrument or any evidence of
<br />debt without Grantor's consent. Such a change will not release Grantor from the terms of this Security
<br />Instrument. The duties and benefits of this Security Instrument will bind and benefit the successors and assigns
<br />of Lender and Grantor.
<br />24. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may not be amended or
<br />modified by oral agreement. No amendment or modification of this Security Instrument is effective unless made
<br />in writing and executed by Grantor and Lender. This Security Instrument and any other documents relating to
<br />the Secured Debts are the complete and final expression of the agreement. If any provision of this Security
<br />Instrument is unenforceable, then the unenforceable provision will be severed and the remaining provisions will
<br />still be enforceable.
<br />25. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes the singular.
<br />The section headings are for convenience only and are not to be used to interpret or define the terms of this
<br />Security Instrument.
<br />26. NOTICE, FINANCIAL REPORTS, ADDITIONAL DOCUMENTS AND RECORDING TAXES. Unless otherwise
<br />required by law, any notice will be given by delivering it or mailing it by first class mail to the appropriate
<br />party's address listed in the DATE AND PARTIES section, or to any other address designated in writing. Notice
<br />to one Grantor will be deemed to be notice to all Grantors. Grantor will inform Lender in writing of any change
<br />in Grantor's name, address or other application information. Grantor will provide Lender any financial
<br />statements or information Lender requests. All financial statements and information Grantor gives Lender will
<br />be correct and complete. Grantor agrees to pay all expenses, charges and taxes in connection with the
<br />----p-iej:1af'8tien--afldr-ec-orclffig--'ef thitt-Secu, itylrrstrurnent. -Grantorsgrees to-srgn;- deliver, amtiile anV ua-ooitional
<br />documents or certifications that Lender may consider necessary to perfect, continue, and preserve Grantor's
<br />obligations under this Security Instrument and to confirm Lender's lien status on any Property, and Grantor
<br />agrees to pay all expenses, charges and taxes in connection with the preparation and recording thereof. Time is
<br />of the essence.
<br />SIGNATURES. By signing, Grantor agrees to the terms and covenants contained in this Security Instrument.
<br />Grantor also acknowled,ges receipt of a copy of this Security Instrument.
<br />GRA~ _ ":.':' ';'.,. I
<br />
<br />Doyle Benson A
<br />Ind~uallY ,,' ;'I
<br />(!.d.l/t.--t- """ '4-14~_
<br />Carol Benson
<br />Individually
<br />LENDER:
<br />Platte Valle~t~Trust Company
<br />BY~ ,t//?
<br />Tim Thiele, Vice President
<br />
<br />~., ,~' ~.,
<br />
<br />::.~, ',"'li1"I, '
<br />
<br />; """"".,,1
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<br />; ~''''''~, . ,'II/. ,,' ~..".lI", "J;I
<br />
<br />Doyle Benson
<br />Nebraska Deed Of Trust
<br />NE/4XX28322000005900005586011032907Y
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud, MN ~
<br />
<br />Initials
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