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<br /> Unlnrs oti�erwisc c+grr,cd in writing,t�ll insurancr,procr,eds shall Nc npplicd to tlic resturation or r�nnir of thc Praperty
<br />= 4:!G�j:t;."'-rE:CUt�.:'����Z ••�"..:h�r r,•�c:E:°:1 c�' �t � Ni�::�t.A.ty a�;p;ic:iii����ot�,uc4eu:tu�,rinciE�af�n�ii not
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<br /> extar►d or gYns�.;cme the duc date af thc scf�edu[ed paymcnt nor changc thc amuunt of nny payment.Any�xces�will bc
<br /> paicl tn ilxn Or.antar,If the Property is acquued by l.ender, C3rentor's rigi�t to nny insurnnce�wlicies:ind procceds
<br /> rrsultiilR�'"�+nm cDamagG to tlie Psoperty tr.fare the ncquisition shall pass tn Li:nder to th�cxtcnt of the Securecl Debt
<br /> immctdit3��iybeforc the�a;uLSition.
<br /> 1A. FS�RQP�'aV FOR TAXFS AND INSURAIVCE.Unless atherwisc pravidcd in n sepnrate Agrecment,Grantor wip not
<br /> ba reqnined to pay ta Lender funds for ttuccs ond insurartce tn cscrow.
<br /> 21. �1ANCIAL ItEPOR'I5 AND ADDTliO1VAL DOCIJMElV7'S.Grantar will providc to L.endcr upon rr,qucst,�ny
<br />- C��nncial statc;nent or infomiatian L.cnder may dcem reasonably necessnry.Grantor agrecs to sign,dcliver,and filc
<br /> an��dditional documents�r certi�catior�s that Lender�nay consider necessApy to perfcct. continuc, nnd prescrve
<br /> G��ntr�r s obligations vnder this Security[nstrument and I.encter's lien status on the i'roperty.
<br /> 22. JQaIiDT�'AND INDIdiDUAI.I1ABIl.ITY;CO•SIGNERS;SUCC�SSOHS AND ASSIGNS HO�]ND.Ali duties
<br /> undttr this Security Instrument are joir�t and individual. If Grantor sig�ea this Security lnstnuicrnt but does not sign an
<br /> avidnY►r,e of debt,Grantor dms so only to mortgage Gruntor's interest �n the Praperty to secure paymcnt of ihe
<br /> Sctcu��cl L�ebt and Gmntor d�cs not agree to be personally liablc on the Secused Dcbt.If this Secar[ty Instrument
<br /> sr.aun:s s guaranty behveen I,eadcr and Grantor,Grantor agrees to wAive any rights that nxay prevcnt Lrnder from
<br /> bc+tf�inA any eciion or claim agttinst Grantar or any party indebted under the ob!s3ation.These rigttts mny i��clude,but
<br /> t{r�not liraited 40,any aaiG-JefIdency or one-action laws.Grantor agrecs that Lender und arny patty ta this Security
<br /> Instrument muy e�ctend,modify or make any change in ihe terrns of t[iiv Security Instnurieut or uny evidence of debt
<br />-. v.dthout Grintor's co��sent.Such a changc will not release Grantor fram the teaxns of thb Security Instrument.Thc
<br /> r}:;r.13es and benefits of this S2curity Instrumc;nt shall biad and benefit the success�xs r.nd assigns of Gran.tor and I.ender.
<br /> 7,�. A��II'LICABL�LAW;aEVERABILTI'Y;I�ITFRPRETATiON.This Secuaity IIns[rument is governed by tUe taws of
<br /> tcr:c juiisdictiom in which Le:nder is located,exeept to the extent otk��tw7se requ3red by the laws of the jt��isdiction
<br /> . where the l�rorerty is located.'11iis Secauity Enstriunent is complete 1nd fu)Iy integrai�d.This Security Instrumen�t mny
<br /> not be arn�enc�ed or mudified by oral a��r��n�ent. Any section in this Security Iustrumant,Attachments,or any
<br /> a;teement rela��d to the Secured Debt that conflicts with applicab:e law will not be effectiv�,unless that!aw expressly
<br /> or imt�liedly pes�+�ts the variations by written agreemeni.If any s�tion of this Security Iastrument cannot b�enforced
<br /> accarding to its Berms, that section will be severed anci will not affect the enforce:ability of the remai�i�#Er of this
<br /> Security In,tm:.ment.Whcnever used,the singular shall include the plaaral and the plural thc singular.Tl�e cnptlorzs und
<br /> L__J•
<br />. ��cr�uu��a,i ii�c sccuuns ni inis Securiiy ins[rument are ior eonven�ence only and are not to be useci to u�terpret or
<br /> • define the terms of this Security Instrum�n't.Time is of the essence in tfiis Security Instmment.
<br /> ?A. SUCCES�OR TRUSTEE.I.end�r. at i.rnder's option,may from time to tirne remove Trustea and appoint a
<br /> . successor trustee without any other formality thaa the designatian in wririnp.The successor trustee,with�ut
<br /> . cAnveyance of�he Property,shall succeecl to a!1 the iitle,power and c�uties eQnfened u�on Trustec by thys Security
<br /> Ipsttwnent anc].appltcable law. . .
<br /> Z5. �t}'ITCE. Upless othenvise rcquired by 1aw,any notioe shaU be givcn by deldvcring lt or by;mailing it by fiist ciaas
<br /> 7n�il to the appropriate party's add�ess on pagc 1 of this Security Inst�ument,ai to any ather addreas designated in
<br /> tiv.rliing.Notix to ace gcantor wW be decmed to be notice to all grantors.
<br /> ?b, 'WA�VERS.Except to the extent prohibited by law,Grantor waives all appraisement and ho►r►e:stead exemption rights
<br /> relatingto thG�'roperty.
<br /> � . 27. OT1iER T�RMS.If checked,the following ure applicable to this Security Instnunent:
<br /> [$XLL�e oI Credit.The Secured Debt includes a revolvtng,lir�e of credit provision.Althaugh the Secured Debt
<br /> �
<br /> may bo reduced ta n zero balance,this S�curity Instrument will renizin in efifect until xe3eased.
<br /> ' u �:osstmction Lo�e.T�3s 5ecurity Iustrument sccures an obligation incurred #'or ttne�onstrusiio:n of An
<br /> ' improvement on the Proper�y. .
<br /> �. ❑ Fixtm Filing.Grantor grants to I..endcr s secutity intcrest ia all goods diat Granfa.r o�vns rtow or in ihe
<br />. • futuxe end that are or will become Cixtures related to the Property.This Security Inscrument si�f'ices as t�
<br /> finaneing statement and any carbon,photogrnphic or other reproductton may be filed of record far.purposes
<br /> ; of Article 9 of the Uuiform Commercial Coci4.
<br /> . ❑ tildere,The covei�ants and agreements of each of thc riders checked below are 9ncorporated into and
<br /> supplemont and amend the ternis of ehis Security Instrumc�t.jCheck all applicable b.axes�
<br /> ❑Condominium Rider O Planned Unit IJevelopment Ridor ❑Other..........._...,...:......................................
<br /> fl Addiib�at'Fer�s. .
<br /> . SIGP�3'A'�'UR�S:Dy siguing below,Grantor a�,mecs to the tenns and covenunts contaitn�ed in this Security Instrument and in
<br /> any attachmcnts.Grantor also acknowledges teccipt of a copy of this Security Instrument on 2�e s�?�c�stated on page 1.
<br /> � �� �����..._.— 02/28/96 ��...� 11,�-� / �
<br /> ._ -- ��'�''....�. �.� _a2/28/96
<br /> �,r�._.�..v...._.......................................................�Date� (SiEi�ature) .�..rer.rsar.�.......�tr.tiles..T.:r.�h.Y.1.....Untc..
<br /> i nture STEVL�N F SORAHAN DEB�RAH L-��R iAN � �
<br /> ACKNO�rVLEDG14tENT: NEBRASKA
<br /> STATSOF. CV�J�y � HALL �
<br /> ............................................................. ,.....................
<br /> R�s�cewq Tftis' C � �f� b hi at3� FEBKUa4RY'...........1.9.9.�
<br /> b ,8��:�b��:��f����.�.�1lll�tll�.�flbb`IIl� KO"/IpB.. .d�y ofi...............................................................
<br /> Mycomm{ssion cxpires: ... .... ............. ....................._...........�...............................
<br /> � ��� � GEMF!{A�MOT��WM11f11t� ... ... ....... . ....�Notary�ublicj..........................................
<br /> 4'_ed`� 'b r.,.•�.E�p.Apr.1Q 1897
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<br /> o,ew oru.n syae«�r,�,a.si ca�,a�n�eoo�r�,�va�,��or�e� . � (Pu90�of I) _-
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