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<br />200808421 <br /> <br />D. Trustor shall immediately notify Beneficiary in writing as soon as Trustor has reason to believe there is any <br />pending or threatened investigation, claim, or I?roceeding relating to the release or threatened release of any <br />Hazardous Substance or the violation of any Envlfonmental Law. <br /> <br />12. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Trustor will not be <br />required to pay to Beneficiary funds for taxes and insurance in escrow. <br /> <br />13. JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties <br />under this Security Instrument are joint and individual. If Trustor signs this Security Instrument but does not sign an <br />evidence of debt, Trustor does so only to mortgage Trustor's interest in the Property to secure payment of the Secured <br />Debt and Trustor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a <br />guaranty between Beneficiary and Trustor, Trustor agrees to waive any rights that may prevent Beneficiary from <br />bringing any action or claim against Trustor or any party indebted under the obligation. These rights may include, but <br />are not limited to, any anti-deficiency or one-action laws. The duties and benefits of this Security Instrument shall bind <br />and benefit the successors and assigns of Trustor and Beneficiary. <br /> <br />14. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This Security <br />Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, <br />or any agreement related to the Secured Debt that conflicts with applicable law wilLIlQt Q~_e!fe~tiX~,..}JU!~ss thatlaw <br />expressly or impliedly permits the variations by written agreement. If any section of this Secur1ty fri.strument cannot be <br />enforced according to 1ts terms, that section will be severed and will not affect the enforceability of the remainder of <br />this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions <br />and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or <br />define the terms of this Security Instrument. Time is of the essence in this Security Instrument. <br /> <br />15. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a <br />successor trustee without any other formality than the designatIOn in writing. The successor trustee, without <br />conveyance of the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security <br />Instrument and applicable law. <br /> <br />16. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class <br />mail to the appropriate party's address on page I of this Security Instrument, or to any other address designated in <br />writing. Notice to one trustor will be deemed to be notice to all trustors. <br />- .,' . <br />17. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights <br />relating to the Property. <br /> <br />18. LINE OF CREDIT. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced <br />to a zero balance, this Security Instrument will remain in effect until released. <br /> <br />19. APPLICABLE LAW. This Security Instrument is governed by the laws as agreed to in the Secured Debt, except to <br />the ext~nt required by the laws of the jurisdiction where the Property is located, and applicable federal laws and <br />regulauons. <br /> <br />20. RIDERS. The covenants and agreements of each of the riders checked below are incorporated into and supplement and <br />amend the terms of this Security Instrument. <br />[Check all applicable boxes] <br />:_'~~":"-~-'-:'.- .,-.-;- ..-. -.. ~ .. -- .:~ - ,."~~,,-:-,~-........,-_..~,,,.,- "-. ~.=- .,--',-".--~._-,~"-' - <br /> <br />D Assignment of Leases and Rents D Other __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ <br /> <br />21. D CONSTRUCTION LOAN. This Security Instrument is a construction security interest which secures an <br />obligation incurred for the construction of an improvement on the Property. <br /> <br />22. D ADDITIONAL TERMS. <br /> <br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in <br />any atta~ents.rrrur1s~t . so aCkno..wledges receipt .Of a copy of this Secur~?strument .on the.. te stat. ed on page. 1. <br /> <br />~ ~ .-...~~ '1( ~ 6~ 'J'/ ~~ <br />~ ~~~~~ ;;;~ 1cf--'rd~~-c/d~-/4^- <br />- - - - - - - - - - - - - - _ _ _ _ _ L - - - - - - - - - - - - - - - _'1~[1 ~ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ .. _ .. ." _ _ _ _ _ _ _ _ ~~!7-4 <br />(Signature)lAMES SCOTT ZANA, TRUSTEE OF (Date) (Signature) REBA GAIL STAFFORD ZANA, (Date) <br />THE JAMES SCOTT ZANA REVOCABLE TRUST SPOUSE OF JAMES SCOTT ZANA <br />ACKNOWLEDGME~~ <br />(~,-, ~~~t~~fore~ihi;~;;Ot~j;... ~....~. .~:.:ykt?- a,ac/ <br />~=oo~~~~~~ . .~ J~7J.P!' <br />4~~1 :1JIO ~~~ mmn~77kd.nn <br /> <br /> <br />GENERAL NOTARY. Stale of Nebraska <br />MEGAN D. FREDERIKSEN <br />My Comm. Exp. April 6, 2010 <br />, .. . ou, orm OCp.REDT-NE 5110/2005 <br /> <br /> <br /> <br />~ 01994 <br />'. CIl.C465(NEII05061 <br /> <br />~" <br /> <br />. '''''.., <br /> <br /> <br /> <br />C-08-09-16-000085 <br /> <br />(page 4 of 4) <br />