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<br /> Untess oihen,ri.e agreed in writing,sill ins�aase Proceeds shall ae apPhed tQ the rescoration or re�air of tlie property �;�
<br /> es t�tttc�Secured Qebt,arhether or not then due,at Lender's opiion.Any appticatiant of proceed,to principal shatl aat
<br /> axts�td or pos2pone E��due date af the schrdu!ed payment nor cbange the annou�+t of any gaymeat Any eaoess will be �;_::
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<br /> - psld to�tte Grantor. if tke Ftt►gerty is soqu'sred b5►Lendsr.Grantor's rig6t w any iasuranoe�olic�es and prnceeds
<br /> Fr
<br /> resutting from�atmge to the�operty before the aoquisztioa sl�all p3ss to Leader to i6c extent of the Seaued 1?sbt �=�:
<br /> icamedflately before eiae aoqtiisiti�n. —__
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<br /> gA. ESC1t�W F��'CA7�5 lsPII�NIStIF�A�1iCE,Uniess oihenvise pro�ided in a separatc a�emEnt,C'iramtor an'll not F"":
<br /> ,� bc requIred to pay to Leader fu�ds for tazes aad in�+���+ce in escrow. �'�_�
<br /> _'. 2L �tVAN�1L EtEPtDA'�5 AYHU ADDYI�ONAL DO�RldEPPt�.Grantor will�rovide to Lensler upon eeqa�,anY �`-":'
<br /> financial statemenE or iaf�rmation Lendea may deem reasonabiy neeessary Grantor agrees to sigp,deliver,and fiIe =-_
<br /> , atty addit�oaai 8�ents or certifications that L.ender may wnsi�er necessary to perfe�,c�ntinue,and preserve ��_
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<br /> Grantor's abli�tlans uader thig Security Inst�v�ent and I�ende�s lian stat�.s on the Property. _ ,
<br /> t�. IOL�PP AlVD�NIDIIIAI,i.lABILlTY;CO,SiGNERS3 SUCCES�SOAS AND ASSIIGI�TS BOUND.All duties
<br /> uader ttvs Stcurity Iastr�aeat are joint aad individual If Crantos signs this Serauity Insbnunent but does not siga an
<br /> ��+' evideuce oi deb�Graator does so on1Y to mortgags Grantoz's interest in the I'roperty to sec�ue payment af the ��-
<br /> Secure�t2ebt and Giant�doe�nos agee W be pe3sonalty l�able aa t�e Seaued Deb�If this Sec�ty Instrument
<br /> .,5� secures a guar�nty betwcen Lender aad Grantor.Grantar a�t�waive any rights thaA may prevent Lender from _N
<br /> btinging any sction or claim against�rantor or any pa�ty iadebted�r tbe obtigation.79i�e rigbts raay indude,but
<br /> arc not hmtted to,any cinti�deficIeney or one-action iaws.Grantor a�ees that Lender and anY�.�.'t�w t��ry —
<br /> Insuument may extend,unodify or aaake any cbange ia the terms of 3his 5ecurity InsWment or a:,.y evi���e�f debt �.
<br /> F.:, without C'iTanior's cansent Such a change w�ll aot release Gzantar from t�he terms of tius Sea..�.=**�°y InstNment The
<br /> duttes and beaefiis of this Securety Insbnffient shall bind and beue�:ra�suooessois and assigns o��'c'r;aator and 4en�er. :�,
<br /> � APPLICA�L�LAW;�EVEI�ABILfl'Y;�ERPRETA'�I�I�'�SecuntN Ens�ment is govemed by the Iaws of
<br /> ., the jurisdictio�in wluch Lender is tocated.excepi to t��exi�s c�ivoise tequirecl by the lawa of the jurisdi�xion `�_.
<br /> . ahere t�e Property ig larated.11iis Security Instn�ea�us u��p'.rte aad full}+integrated.'Ihis S�carity Ins�nt may —
<br /> aot be aiaended.or motiified by oral agreement.A���on in th'ss Security Instrument,attacha�e�;�r any
<br /> ; agceement re2ated eo the Secured D�..bt that aonflicts wit�w�Ptisable law w�11 not be effective.untess that 1�.��y
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<br /> or im edly peffmits thB vaTia$ans by t*nitteu 8g[eemCnL ff�ay SeaiuDt uF this S2�utity inctn�m ,-a�nnfls be enforced
<br /> accord�'�ng to iEs terar9,that secrion will be severed arzs3�iil aot aifect the enforceab�7ity of��a�der o�fs�d _
<br /> ' $ecurlty Insttuonteal.Whenever ttsed,the sngular shalZ i�rc��e ti�e pIn�ral and We ptasa!the siu�,��3ipr:'��ti
<br /> ' @eadings of the se�c6iflns of tGis Security Insuament�ffas oonvenieuce only and are eot to me use�to��etpret or � ;,
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<br />• dcfine We terms of tbis Seauity Instrumen�'ISsne is of:h�essense ifl this SecnritY Instrumeut
<br /> � 2� SUCCESSOR'I'RUSTEE.Leuder,at Lender's option,may f�aT��e to time remove�ee anci appaint a . ��
<br /> � ��� ' successor tcustee wiWout any other forcaality than the desi�,�aa�n in writing.The s�cce�ea•trustee,withont _
<br /> conveyaace of the Propeny,shall suceeed tv all the t3tle,poarer a��3uties canferred upan T��;ee by t2i,3�ectitsIty —�
<br /> Instrumeat and appricable taw. �' � `�
<br /> � 7.5. NA'IYCE Unless o4Fenvie required by taw,any�ti.r��:all be g►ven hy deliveriafi it or 6p mailiag ii�►,q:��+Yst class
<br /> ma�to tke apprapriate pacty's address aa page 1 of tI�;s�ty Instrument,or to any oiHea ad�resv desl�aa4ed'm
<br /> - writing.Notic;e to one g�aatar�!�e dxmed W 1�aorice to ali�rantais. �_
<br /> 26� WAIYERS.Esaept to the extens pro3u'bited by taw.Grantar waives aII appraiseffient and hQmestead exemption rigkts —
<br /> • re�tin�to We�raperty. � __
<br /> 2?. 0�3t TERMS.If checkeci,the foIIowing are aggli�Pe�t to this Seauity Instrumen� _,
<br /> � �j l,;se ot Gedif.The Secured Debt iacludes a��rol�ing line of credit provision Althoug�the Seaued Debt
<br /> may be reduqed to a zero balance,this Secority Instrument will remain in effect until released. �
<br /> ❑ Con�troctton Loaa.Ttus Security Insm�me�secnres art obligation incurred for the canstracrion of aa� ��
<br /> � '..� improvement on the Property. � . .
<br /> .'.�� ❑ F"uR�ae Tr�g,Graator grants to Lender a soowity interest in all goa�fs•ti'�at Grantar owa3 now or in the
<br /> fut�ue aad t�at are or will become fixtures related to the Praperty.Tbr;�5ecurity Insuument suffices as a
<br /> � finanaing statetaent and aay c:�rbon,photographic or other reproducttion raay be filed of recard for putgoses r_
<br /> of Articte 9 of the Unifora►Cbmr�srcial Code. ��
<br /> [� :Ridere.7'he covenants an d agreemen t s o f e a c h o f t b e ri d e r s c t t a c l c e d b�:l o w a r e i n c o r porated into and
<br /> . � sapplement and sunend the terms of this Security Instramen�[Ciieck ali.u+��.'.��icab!�e boxes�
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<br /> �� SIGNATURFS:By signing below.Crantac��ees to the temis aad wvenaats oontained in this S°..�ritY Instrument and in --
<br /> a�/attachmentg.Grantor A1so acknowted�ceceipt or*�c.opy of this Security Instnisr�ent on ihe date stated on page 1.
<br /> . �f/�` . ..�.G��.......Q�/22/9��6 ..........� ..................................03/22/96
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<br /> «'�"�� iiARD DENAYNE SCHICK %t0� p LYNG�a f�C SCHICK � �
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<br />� '•'� ACISI�IOWLEDi'sR�IEPPf�EBRASKA Hi1LL
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