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' 'r.�.. .:.'..C. .iCi11N._ i-...��...-__. 96- ��,� Unless otherwise agrccd in writing,�11 iruursncr proocedc shali hc applicd tu the r4sturatiun ur rep:ur uf llu FruEwriy �r W the Scrured Debi,whethtr or not tlun due,at I.ender's optinn.Any application of proceeds tu prineipa!shall not extend or postpone t4se du.^.date of the schedulcd payment nor changr th�amvunt of any pzyment AnX excess wiil tx paid ta the Gr�ntcx. if the Pr�esty is sequirer!by I.esider,G:antcx'�right to any insur�nce policies and proceeds resulting frc�:r dactuRe to ehc Prc�erty befo�tlse ucquisitiou shal!p�+s ta L.ender to the exteu►uF We Secured Debt immcdiatcly bcforc thc acquisition. 24 ESCRtDW F`OR'TAXE9 ANU INSURAK�E.Untess atherwisc pravi�icd in a u:parate agreement.Grantor will nat 6e required to pay to Lender funds for taxes and insurancc in csrraw. 2L FINANCIAL REPOQ75 AND A�DITIONAL DOCUMENTS.(3rantor will providc to L.enticr upan rcqucst,aoy financial statement or infnmwti�n l.cndcr may dacm reasanably nec�s,cary.Grantor pgrees to sign,deliver,and filc any additional docutucnts or cer�ifications that Leader may coacider necessary to perfect.continuo, and presetcve Grantor's obligations under this Security Instrument and Lenler's lien status on the Property. 2L JOINT AlVn INDMDUAL l.IABILITY;CO-SIGNERS;SUCCESSORS AND ASSIGNS NOYIND.All duties uader this Securit�(nstfucr�nt ue joint and individual.Ii Crantor signs this Security Instrument but does not sign an ev3dence of debt, Grantor dces so only to mortgage Grantor's iotarest in the Property to secure paym�nt of the Secured Debt and Grantor does not agret to be personally liab:e on the Sec�red Debt.If this Secmity Instr�unent secures a guaranty betwce�l.cndcr and Gr�ntor,Grantor agrces to waive any rights that enay prevent Lender trom briqgiug any actioa or ci�im against Grantor or any party indebted und:.r thc o�ligation.These rights a,ny includc,but aze uoi limited to,any anti-defuiency c�r one•actiw�laws.Grantor agrees that Lender and aay party to tttis Security Instrurt�nt may extend modify or make any ehange in the termc of this Securiry Instnunent or a�y evidenee of debt without Grantor's consent. Such a change will not release Grantor from the terans of thic Sccurity Instrumeat.'Il�e duties and benefits of this Security Instnuuent shaU bind anrl bene6l the�ssors and assiga�aF Grantor and l.ender. 2'�► APPI.ICABLE LAW;SEVERABIL!'IY;INIERPRETA7iON.'Ihis Secwity Instnuneut is governed by the taws of the jurisdiction in which l.endcr u locs�ted, except to the eaKent otherwise reS^aiKd by the laws of the jut�sdictinn r�ere the Property is located 7his Securitp Insuument is complete and fully in:etrated.This Security Insirument may r�i be arnended or mcxlified by oral agreement.Any section in this Security Insirumeat. attachments,or any �gt�ement related to.he Seeured Debi ttut eonflicu wiW applicable law will not be effective,ualess that law ezpressly or impliedly pernau the variations by written agreement.If any section of this Security Instre.ment cannot be enforced a.^cording to its tertns,that section will be severe�arid will not affect the enforceability of the remainder af this Szcurity Instnunent.Whenever used,the singular shall include ttie plura]and the plural the singular.T6e captior�s and k�adings of the sectioeu of this Security Instrument are for oonvenience ody an�are not to be used to inierpret or d�;fina the tem�s of this Secueity Instnunent.Time is of the essence in this Security Iostn�ea.. ?A. SUCCESSOR TRUSTEE.Lender,at Lender's option,may from time to ius�e remo�-z 1Yustee and appoint a successor trustee without any other forrnality than the designation in wriciog.The suocessor trusiee.without caaveyaax of the Property,st�al!succeed to all the titte,power and duties ce�u:esrzd upon Tnutee by this Security Iastrument and applicable law. 2S. 11iU1TCE.Unless othetw�ce required by law,any notice shall be givea by cklivering it or by caailing it by 6rst dass mail to the approQriau part-�'s address on page 1 of this Security Iastruaieat,or to any ot�cr ad�dress desi�oated in .- -- - - �vridag.l�o�ta oae graator�viii oe oeeioed co ae notioe to au gxantais. 2f. �AIVERS.fixcxQt to tbe cacteat prohibited by Iaw,Grantar wti�a ali ap�raiseroent and homestead�acemption righu �atiag to the Property. - 2'1: 03HEA 1�'3tMS.If checked,the following aze applicable to this Security Insiniment: ' �YbC Ia�e of Creiit.7lu Secured Debt inciudes a revolving liaa of credit provision.AlLbough the Secured Debt � may be reduced to a zero baluice,thic Security Instruiaent wil!remain in effect unt�rekased. ❑ Coo�setioo I.o�a.T6is Security Instrumeot secures an obligation incurred for the•coastructioa of aa . . . improvement on the Property. � �� ❑ F'at�ee FW�4 Grantor grants to I.ender�se:.urity interest in all gc3o� that Grantor owas noa or in the tucure ruu�tuaz�re or wiii oecvme tAtvres retated to ti:e rraperey. icis�ecunty tattrument svmces as a � financing statemeat and any carboa,photographic or other reproduction may be filed of record for purposes of Arpcle 9 of t1�e Uaiform Commercial Code. � _ ❑ Riden.'I'he covenants and agreements of eac6 of the riders checked bclow are incorporated iato aad supplement and amend the terms of this Security Instrument.[Check a!I applicab{e boxesJ ❑Candominium Rider ❑Plaaaed Unit Develapment Rider ❑Other................___...»................. ❑ Aiiitio�d Tes�. � � SIGNATU�tFS:By signing betow.Grantor agrea to the urms and covenants contained in this Security Instrument and in � wy attae�meats.GranWr alco ackrwwiedges receipt of a copy of this Security Iostruaaeat ou the date stated on page 1. , . �'. ''��........�4/18/96 . .. ..�... ...��.................04/18/98 ........... . ... .................... ............ ......... .... .... .. ............. . «""'"`� 1rtERLiN C KlU �Das� �S'�'t""`� S RLEY P KL. GE �p'�`� ACYNOWLTAI'E OF j.�.NEBRASKA................................ .C �y� .........HALL ................ crr�� by�9F�L��u��l��I�EI'F��E°�G�11D IiAO�IX,E THOF.day of.........APR:Ii....................i:�J�U".��: . . . .. .. ... .. ......... .. .................. ... . .... .. ...... My coanmixsioa expires: ..C,;,(,�.e:•.•.•..�� ..�.. sea� .............. ........................ l�Y�) � iENEW NoiAArSt+�e N Mekasl� �TM F n��7�iA �� MtG�aE�.Wp31.t99t� ' r , . O sow�rwn syrwr,rrc.s�Crw w+1»oPat�aK»F�.�-0T�N�a (p�e 4 d4)