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�. -� _� �_.._.. -- ��__ -- --- �.,s.�.�r:�'� �,�-�= - '- —- - — __ � �� Unless atherwise aKr�ed in writing,all insuraace prc�a:cti.shall he a�lied tu the restcxution or re�r ot tne aperty or to tl�e 5ecurad t7zht,whetRcr or n�:then duc.at l.cnder'�c�ti:u�.Any application of procee�to principal shaU not extend or postporsc tbe due ciatc of the scheduled payment not cbangc thc amc�u�t oF nny papnient.Any excess wiU t+:: ` paid to the Gr�ntor. IF tbe Prt��erty is acquired by l.endcr,Granta�'s right to any in�arance policiec anci �uoceetis resulting from dama�e to thc Property before the acquisition shall{xs�to l.ende�to the extent c�'tbe Sea.�ured[k:bt immediatity bcfor�thc ar,qui�itu��• , 2t1, EaCitOW F��t TA:tE�rIND IN5URAI�CE.Unkss oiheiwise�►ra�ided in�se{►araEe agreemc�nt,rea��t�w will nat be cequircd ta fay to l.endcr fwtrlt far taxcs pnci insuraacr in escrow. . 2;. FZ,'�:�:CSAL RE'pORTS AND AnDl710NAL QOCUMEM'S.Gr�tor will provid:to Lcnder upan request,any _ financial statement or info�malion Lender may dcem rea�anably nccessary.Grantor a�;rces t�sign.deliver,antl fi� any additional dc�euments or ceriifieations that l.ender nipy conc;der necessar3�to perfcct,cantinue,and presene Grantor's obligations under this Sccurity Insirument and Lender's licn�tatus on tiic Prc�.rty. 22 JO�NT AND INDIVIDUAi.WAB1E.lIY;CO,SIGNERS;SU(:CESSORS A!`D ASSIGNS BUUND. AU duti:s under this Security InsEnunent are jaint snci inclividual.If Grantor signs this Security inctsument but does not sigu an evideace of debt. Grantor daes so only to martgage Grantor's interest in the I'roperty to secure payment of the Secw�;d Llebt and Grantor does not�rcc to bc pcssonally liab2e oa the Secured Debt.If this Secur�ty Instrument secwzs a guaranty between Lender and Grantor,Grantar�grces to waiva any rights that may pre�ent L.ender from briaging any acdon or claim against Grantor or any pariy indebied under the obligation.These ri�hts roay include,but are not limited tu,any anti-deficiency or one•action laws.GranYOr agrc:es that Lender and any party to this Security Instrument may extend,moduy or mawe any cnange in ii�e ieu►u�i ii;u�ecuiiiy Ir+siiw�►e.-�i ur ur�y 2�-�:u.::a.`d:.�. without Grantor's consent. Such a change will not release Grantor from the tera�s of this Security Inctrument.'ll�e duties and benefits of this S�curity�..�rument shall bind and benefit the suooessors and assigas of Grantor and Lender. 2� APPI.iCABLE LAVV;SEVER.4�BU.!'IY;INTERPRETAT[ON.This Security Insiniment i�govemed by the laws of the 2urisdiction in w�[ti�h Lender is located,eacept to the extent othetwise required by the laws of the jurisdiction _ whrre tbe Pcoperty is Icx:ated.71iis Secwity anstnuner►t is complete aod fulty iategrated.Thu Security Instnunent may not be�nended or mod'efied by �ral agreement. Any section in this Security I�strument,attachments.or any agree�eai related to the Secured D�:(�t thai conflicts with appiirable law will not be effective.wiless that law expressly or impiicc:.ty permits the variatians Cti written agreement.If aQy�ecrion of this Security Inctrument cannot be enfaoe�f! according to its terms,that section will be severed and will not affect the enforceability of the remainder af this Security Instrument.Whenever used,the singular st�all include the plural and the plural the singulu.Ttu:captioac aied headings of the sections of this Security Instr.r�nt are for convenience only and axe noi to be used w intetpres or define the temts of this Security Iastr�unent.T'une is of the essenoe in this Secunry Iastreu�a� 2A. SUCCESSOR TRUSTEE.Lender, at Lender's option,may from time to timc remove Trustee and appoint a successor trustee without any otder formalit}ihan t6e designation in writing.The s�ccessor trustee.without coaveyance of the Prvperty.shall succeed to a.t4 t�dtte,power and duti�es oonferred upon Trustee by this Security Insuument and appii�ble law. ZS. NO'II(�.Unless otheivvise required by law,any notice shall be given b�c�tlivering it or by mailing it by fusi class mail to the appropriate party's ad3re.s.s on page 1 of this Sca�rity Inctrument,or to any other address designatcd in writing.Notice w oue grantor wi2S be deemed to be aotice to all grantoTS. _ � ur�tatrOC C. ..�sw�,�.w.1.;F.i�..i�.,ixw (:rs�n,rnr�u_;v�all a.xra:v.snrnt��i hcvr�ctnwl r*wnntirn ri�19tc ... �.�!" i^w s° — �-rr----------------- a . iC�t1IIg t0�Pf Oj1CIty. . Z'7. O�IEA TERMS.If checked,t6e faUawing are applicable to this Security Instrument: � Q(Iiae ot Credit.The Secuma Debt ineludes a revolving line of crsdit provision.Although the Secxu�ed Drbt may be redaced to a zero�3laace,thu Security Instcument wip remaia in effect until released. ❑ Coaerscti�a Lou.This Security Insuumeat secures aa obligadoa incurred for We coastructioa of aa improvemeat oa the Property. ❑ F'u�tsre F"ii'�.c�"�rantor grants to I.ender a �ecurity interest in aL goods that Gr�ntor owns now or in ttu future and that�re or a�b�ecome fiatures related to the II'roperty.This Security Instrument suffices as a �ncing swtemeat and�y carbon,photographic ar acher reproductioa may be filed of rewrd for purposc:s uf Article�af the Uniform Commeraal C.ode. l.7 �tWers.The covenants and agreements of each of tLe riders checked below are incorpotstea inio aad supplement and amend the terms of this Security Instruwent.[C'heck�il�pplicable boxes] ❑Condominium Rider ❑Plaaned LTnit Development Rider ❑Other.»»..».........».»......»..»»�».�............. ❑ A�iliovl7'er�. SIGNATUjtFS By sigaing belaw,Graatar agrees to the terms and covenanis ooataiaed in this Security Iaurumeat aad ia aay attachmenu.Granwr also ledges receipt of a copy of tius Security Insirument on the date stated oa page 1. , •�� `�! ......�.... ........... ..... .... 04/22/96 ................._.................................»................. � ... ... . .. . » . .. .................. _............ «0i10C� JOEL E STR EBING �Di"� «""""� �D�`� ACYNOWLF.DGMF.N'I: S'TATEOF.....NEBRASKA .....,COUNTYOF..........HALL....... .......... ss. .................................. «+w Tliis insirument was acicnowted ed before me this.....22 ND.......day of........AP�t.I L...........».....1 J��i by�OEL.E_STAIJEBIMGz.AN.UMliIIRAI�PfRSDN....................»................. .......................... . ... .............................. ... ... .... ........ .. .. ....... .._.. ...... My comiauuoa expucs. '�lC:�.......�._.r.. (seal> ........ .. ..... �............................................ <►�la++Y ) �f,FMFfiAiNi'.., . .trolWk� ..: SCti��t t !�SLER ' Wk-r •t••l1 39'!6 + .r • = o ww er�rr+a.r�r�+e..er.c�e�a.w t+aooa�r-2�n r��ar�ww (p��0l1)