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~ _~ ~a.. ~ooso~3so D. Trustor shall immediately notify Ber-eticiary in writing as soon as Trustor has reason to believe there is any pending or threatened investigatton, claun, or proceeding relating to the release or threatened release of any Hazardous Substance or the violation of any Environmental Law. 12. 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. 13. JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Trustor signs this Security Tnstrurnent but does not stgn an evidence of debt, Trustor does so only to mortgage Trustor's interest in the Property to secure payment of the Secured Debt and Trustor does not agree to be personally ]table on the Secured Debt. If this Security Instrument secures a guaranty between Beneficiary and Trustor, Trustor agree! to watve any rig=hts that may prevent Beneficiary from bringing any actton or clatm against Trustor or any party indebted under die obligation. These rights may include, but are not limited to, any ants-deficiency or one-actton laws. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Truswr and Beneficiary. 14. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This Security instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that Conflicts with applicable law will not be effective, unless that law expressly or tmphedly Itel-mits the variations by written agreement. If any section of this. Security Instrument cannot be enforced according to its terms, that section will be sevtrcd and will not attest 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 are 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. 15. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiaryy's option, may from time to time remove Trustee and appoint a successor trustee without any other formality than the desi =nation m wrtttng. The successor trustee, without Conveyance of the Property, shall succeed to all the title, power and ~uties conferred upon Trustee by this Security Instrument and applicable law. 16. 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 ppage 1 of this Security Instrument, or to any other address designated in writing. Notice to one trus[or will be deemed to be notice to all trustors. 17. WAIVERS. Except to the extent prohibited by law, 'Trustor waives all appraisement and homestead exemption rights relating to the Property. 18: LINE OF CREDIT. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced to a zero balance, [his Security Instrument will remain in effect until released. 19. APPLICABLE LAW. This Security Instrument is governed by the laws as agreed to in the Secured Debt, except to the Cxtent required by the laws of the jurtsdictton where the Property is located, and applicable federal laws and regulations. 20. 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. Check all applicable boxes] ... C] Assignment of Leases and Rents ^ Other ............................... .................................................... ... ... 21. ^ CONSTRUCTION LOAN. This Security Instrument is a Construction security interest wTifch secures an n tgatttin incurred for the Construction of an improvement on the Property. 22. ^ ADDITIONAL TERMS. SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Trustor alsoiackno ledges receipt of a copy of this Security I trument n the date stated on page 1. r _ ,/ . Qq ......... .. .... .................. .... . ~li~~ ~. ... . ~1.du.... .. ... ~-!/~:..............~~~ f ~' (Signatu RC OCK (Date) (Signature) LORI HOCK (hate) ACKNO'V'VLED(iMENT: .} STATE OF .NEBRASKA ................................... COUNTY OF .MERRICK............ ......................... ss. Qndividual) This instrument was acknowledged before me this ,12TH day of MARCH, 2009 ....... by .MARC.J. WOCK; LORI HOCK, HUSBAND AND WIFE ~~ ..... ............................................... . My commission expires: 08.01.2011 ^~ DEBORAH K. BECK f (No ryPublic) ~p K ~CK ~~~/// ~y,c~n.~v. t,am~ ®©1994 Bankers Systems, Inc., St. Cloud, MN Form OCP•REDT-NE 5/10!2006 page 4 of 41 i