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<br />09..141'10
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<br />200900318
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<br />Unless otherwise' agr~'iniwi:iting,"all insurance proceeds shall be applied to the restoration or repair of the Property or to
<br />the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not
<br />extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid
<br />to the Grantor. If the Property is acquired by Beneficiary, Trustor's rightlo any insurance policies and proceeds' resulting
<br />from damage to the Property before th~ acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately
<br />before tb,e acquisition. '. .' .... .'.
<br />20. ESCROW.. FOR TAXESAN])INSQRANCE.Unless otherwise provided in a separate agreement, Trustor will not be
<br />required to pay to Beneficiary funds forl:axes and insurance in escrow.
<br />21. FlNANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiary upon request, any
<br />financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sign, deliver, and file any
<br />additional documents or certifications that Beneficiary may consider necessary to perfect, continue, and preserve Grantor's
<br />obligations under this Security I nstrument and Beneficiary's . lien status on the Property.
<br />22. JOlNT AND lNDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under
<br />this Security Instrument are joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of
<br />debt, Trustor does so only to mortgage Trustor's interest in the Property to secure payment of the Secured Debt and
<br />Trustor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between
<br />Beneficiary and Trustor, Trustor agrees to waive any rights that may prevent Beneficia,Q' JrQ!11..bringing any action or claim
<br />against Trustor or any partYindebtedtlnder'the obligation. These rights may include, but areilot limited to, any
<br />anti-deficiency or one-action laws. Trustor agrees that Beneficiary and any party to this Security Instrument may extend,
<br />modify or make any change in the terms of this Security Instrument or any evidence of debt without Trustor's consent.
<br />Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security
<br />Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary.
<br />23. APPLICABLE LAW; SEVERABILITY; lNTERPRET A TION. This Security Instrument is governed by the laws of the
<br />jurisdiction in which Beneficiary is located, except to the extent otherwise required by the laws of the jurisdiction where
<br />the Property is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be
<br />amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to
<br />the Secured Debt that conflicts. with applicable law will not be' effective, unless that law expressly or impliedly permits the
<br />variations by written . agreement. If any section of this Security Instrument cannot be enforced according to its terms, that
<br />section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used,
<br />the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security
<br />Instrument are for' convenience OrlIY and are not to be used to interpret or define the terms of this Security Instrument.
<br />Time is of the essence in this Security Instrument. . .
<br />24. 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 conveyance of
<br />the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and
<br />applicable law.
<br />25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail
<br />to the appropriate party's address on page I of this Security Instrument, or to any other address designated in writing.
<br />Notice to one trustor will be deemed to be notice to all trustors.
<br />26. WAIVERS. Except to the extent prohibited hy law, Trustor waives all appraisement and homestead exemption rights
<br />relating to the Property. ' "
<br />27. OTHER TERMS. If checked, the following are applicable to this Security Instrument:
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<br />D Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be
<br />reduced to a zero balance, this Security Instrument will remain in effect until released.
<br />o Construction Loan. This Security Instrument secures an obligation incurred for the construction of an improvement
<br />on the Property.
<br />o Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future
<br />and that are or will beco,me fixtures related to the Property. This. Security Instrument suffices. as a financing
<br />statement and any carbon, photographic or other reproduction may be filed of record for purposes ,of Article 9 of the
<br />Uniform Commercial <:ode. '. . .. , ." - '. '
<br />" ,
<br />D -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. [Check all applicable boxes]
<br />D Condominium Rider 0 Planned Unit Development Rider DOther..................................................
<br />o Additional Terms.
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<br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in any
<br />attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
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<br />...... .t.-~,:./I~?.. .a:1:~.. .. ................ .!/~ 1.0.9..
<br />(Signature) DELORES ANN STUEBEN (Date)
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<br />(Signature)
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<br />(Date)
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<br />ACKNOWLEDGMENT:
<br />STATE OF NEaR~SKA.............. ~...;...... .. ........, COUNTY OF WHEEIJ.IJ..........................................} ss.
<br />(In1ividu&) This instrument was acknowledged before me this ..,..... 6ll:l.,.... ,.day of ................ JAN.u~RY. 200.9.. ... .. .. .. .. ...
<br />'bynELo.RESA~N.Sr.UEaEN,ASIN.lm.pE.FlS.Q&........................................................................................ .
<br />" ._",~y:commissionexires;,06;1l1.201l', . . .. "T "~. ',~~t ,'-,.jJ~~:: 'i., C,
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<br />~ @19948 E 113012002 (page 4 D
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