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<br /> Unlcss�thcrwit�flQr�nd in weiUnF,nll insuranc::{�xoccc�s shnll be,�pplicd co thc restmrution cw ropair oi tl�c 1'roperty --
<br /> or to tttc;Sceured l�aht,wl►eiher ar nat then due.ui i.v�iuci's o���ic;��.::sy.���l�:::i�r.o�;srt��ee�!a to prine�{+�����inll not _
<br /> cxtend ar�st�xenc�tJte 3uc dnte of tlie schcduled puymcnt n��r chnngc dic r�mo�mt of nny payn�cnt.Any cxce�.s witl bc
<br /> p�id to thc �i��ant��r. If the Property is t�cquircd by I.endcr,Grnntor'y right ta any insuri�i�ce policics nnd procceds
<br /> resulting trom d.!imnII�t�the Properly hetom tPte��quisition shall pas,[o l..cndcr ta thc cxtent of thr Secured Deht __
<br /> immediately bnfnre tl�e acqutsition.
<br /> Zp, ESCItpVy F01i�'N'AXH;S AND Il'd9a.litANC�.Ue�less athc►�vise provided in n scpnr�tc n�rcemcnt,Grnntor wili n�t f
<br /> be req��ired to pny to L.cnder tu�tds for taxcs nnd insumncc in escrow.
<br /> 21. FINANCIeA,L C+i�;PORTS AND ADDTfiONAL DOCUMF.IoITS.Orantor will peuvidc to L�:ndcr upan req�est,�ny
<br /> 6nanci�i Ftut�:ment or informatio�t Lendcr may dea:m rcasnnably necessary.Grantar agrecs to sign,�elivcr,and Cle
<br /> any adcfitionn!rlacumer�ts or certiGcations that l.ender may cons�der necessnry to perfect, cflntinue,and preserve
<br /> Gr�ntor's obli�ations under this Sc�curity Instrumcnt and L.cnder's ticn ytatus on the Property.
<br /> 32, JOINT AND lNDll►IDUAI.LAAIiYLI'I'Y;CO•SIGNERS;SUCCESSORS E►ND ASSI�NS BOUND.All duties
<br /> undcr tf�is Security iastruntent arr joint nnd iredividunl.If Grantor signs this Sccnriey Inscrument but does not sign an
<br /> evidcnce of dabt, Gruntor does so only to na.�rtguge Grantor's intcrest in tlie P�operty to seceue payment of the
<br /> Secured Aobt and Gi•antor dces not agree to be personally liable or►the S�cured Debt. If t�is 5esurlty Instrument
<br /> sccures a gunl�anr:,�i�ctwcen Lender and Grantor,Grantor agces to waive �ny rights that may pr�vent Lcnder Gom
<br /> bri.n�in�on�ucUen cr claim against Cirantor or any purty indebted under the obligation.Thesc nghts may include,but
<br /> are not limitr.d ta,any and-de6ciency or one-action laws.Cnrat�toe a�'ees that Lcnder and any party to th�s�sx�rity
<br /> Inshvment rony extend,modify or rnake uny change in the tern►s of this Security Instrument or�np evidence of debt
<br /> �vitl�ottB�Oi:�ntrsx's�ouns�nt.Such a change will not rel�ase Grantor from the tcrms of this�ecuriYl�Instnrment.'I'he —
<br /> dutias cimt[�enefi.fs u`f Ihis Security Instrument s�all bind and benefit the successurs and assigus of Grantor and Lender.
<br /> 23. AI''1PQ.lL��BL1�L.��V;SEVERABILITY;AN'['ERI'RETATION.'I'6is Security Instrument is governed by the tawc of
<br /> thc jur^.�,iiction in which Lend��3s located,except to th�extent otherwise requirc�d by the laws of the jurisdlctian
<br /> whc�re ti�e Properiy is located.'iRi�s Security Instru�nent is c:omplete and fully integrated.Tbis Securiry�nstrument may
<br /> not be amended�r m�dified by oral agrecment. Any secfion in this Security Instrument,ettnchments, or any
<br /> aIIreement related tn zhe Secured Debt that conflicts with applic�nble law+vDll not be effective,un!ess that law expressly
<br /> or impliedly permits the variations by written agreement.If any sectiun of this Security Instrument cannot b�euforced
<br /> according to its terms, thAt section will be severed and will not affect the enforceabilfty of the remafnder of this
<br /> Security Instrum�nt.Whenever used,thc singular shnll inctu�e the plural and the plural the singular.The cs►ptions and
<br /> headings of the sections of this Security lnstrument ara for convCnicnce o��iy an�arc n�t tc�°.�e�±i�i�Le'-�'pr�r
<br /> deCne the terms of this Security Instrument.Time is uf the essence in this Security InstTUment.
<br /> 24. 5UCCES50R'�3ftUSTEE.Lender. at Lcndar's option,may from time to time recnove TrustCe and appoinc a
<br /> sua:essor trustee without any other formality than the designation in writing.The successor trustee,withaut
<br /> coneeyance of the Property.shail succced to all the title,power and duties confesred upon Ttustee by this Security
<br /> Instrument and applicable[aw.
<br /> 25. N€Yf[CE.Unless c�therwise required by iaw.any notice s6all bc;given by delivering it or by mailiag it by i'ust class _
<br /> mail tu the appsoprlate party's address on pagE 1 of this Security Instniment,or to nny other addtess designated in
<br /> writing.Notice to one grantor wi�l be deemed to be notIce ta all grantors.
<br /> 26. 'WAIVERS.Except to the extent prohibited by law,Grantor waives all appraisement and homestead exemption riglit,g
<br /> refadng to the Pcoperty.
<br /> 27. O'lHER T�:RMS.lf checked,the following are applicable ia this Security Iastrument:
<br /> ($XLiot ot Ctedib Thc Secured Debt ineludes a revolving line of credit provision.Atthaugh the Secured Debt
<br /> mav be razluced to a zero balance,this Secuiity Instrument will reenain in eYfect un6i released.
<br /> ❑ C000�attian Lo�ua•This Seeurity Instrument seeures an obligation ine�arrea cor cne cons�ruc�ion vi tu�
<br /> im�ssovemcnt on the:°irnperty.
<br /> ❑ Fixt�re �1liq�.Grentor grants to Lender a secw•ity interest in eU goads thae Grantor owns now or•in�the
<br /> fumre and ttiat are or wiU bccame fixtures related to the Property. 'I7�is Security Instrument sufCr�:9 tis a
<br /> Cnancing statement and any carbon,photographic or other reproductcon may be filed of rccord for puc�poses
<br /> of Article 9 of the Uniform Commcrcial G�dc.
<br /> �] Ridero.The covenants and agreements of each of the riders checked below are incorporated�into aad
<br /> supplament and amend the terms of this Security Instxument.[Check all applicable boxes]
<br /> ❑Cond�minium Rider ❑Planned Ui�it Development Rid�r ❑Other..........................................................
<br /> U Additia�oal Tern�s.
<br /> t
<br /> SIGN�1'A'tURES:By signing below,Crr�r�i�r a�rees tn the terms and covenants contai��.d in tlun 5ccuriry Instr�meut and in
<br /> atly a*,tflcita7nents.Grantor also acknr�wledges receipi of a oc�py of this Security Instru.menQ on the dnte stated on��.��1.
<br /> R.ri,,, �f�' G� /�..� �'�I29/96 �i►.,��._�. lJ�. t' Ir��,b� 02/29/96
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<br /> (s�gnacuroj RpL�DALL B DUFIBS (D�s�1 csipts..ura) ppMEL� J DUBBS (Dsc`)
<br /> ACKNOWN.EDGMENP: NEBRA3KA AALL �
<br />= STATE OF..............................................................CO F.......................T'Ts'BRUI{YCY............i,9'�'ti ss.
<br /> — d��d day of...................................
<br /> ���,an�� 'ThisA�l���1��9h�����7°UU6�f����Dt��1'I[ .............. ............................
<br /> by..................................................................................... ..................... ............................................................
<br /> My commission expires:
<br /> ....... .. . . . ...............................................
<br /> ��������b • otery Public)
<br /> alIBAN NEW
<br /> �M��kr.1t111T :' ;���
<br />-- O 1901 E)�N.ta SyrKm�,Mc..GL C�oul,RfN(1d01397•231t)F'am REOT�NC 6891 �(��A 4 a�)
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