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<br />' Unlcss uthcrwisc nsrced in wrhin�,nll in�;urnucc��rucccds�+liall hc�ap�,licd ta thc rcyturntiun oe rcpnir uf tRr{'rup�;rty
<br /> nr to the Sccurcd Ucbt,�vhciher or not then du�,ut I.cndcr's option.Any npplic��ticm nf pracceds to principul shnll�wt _
<br /> cxtcnd or�astpon�the duo�Inte of Ilie tichr.ilulcQ puymcnt nor chnnfic dic arr�ount of any pnyment.Any cxcc�s wfll bc
<br /> pnid ta tl�c Or�►ntor. If�iiv Property Is ucquircd ijy l.cnd�r,Cirnntar's right to l�ny ins�+r�ncc poltcics nnQ prcx;ecds
<br /> resulting fram ciam�agc tu thc Propc:r�y neforc thc ncyuisitiun shnll piiss to Lender tn tl�c cxtcnt uP�hc Securcd Ucbi
<br /> immedintcly bcfarc thc na�uisitfon. -
<br /> 2A. F.SCi2QW Ft)Ct'l'A9Lt:a�Alili�Yii151ll1�lilQ:i�.UI➢IC�B Uii1NlYViaB NiOVI(JL'l�tii ii tiCUi1i11��iillC�Ciil�il{.Cl'iii1W1'W�II iIUI -
<br /> be requircd to p�uy to Lcnd�r funds far t�xes and insurnncc in cscrow.
<br /> �1. �'IN�NCIAL R�k'POR7['9 AND A►bDfllOPl,hl.DtDCUMENT9.Grnntor will providc to Lcndcr upon ecqucst,nny
<br /> finnncial statemont ar infonnntion Lender may decm rct+sonnbly necec�ary. Oee.ntor ngrecs to sign,delivcr,and filc
<br /> nny ndditionnl documents or ccrtificiitions th�it Lender may consider necessnry to perfect,contlnue, snd prescrvc
<br /> Gruntor's ob)lgatior�s under ti�is Sccurity Instrument and I.ender's lien staitus on thc Property.
<br /> 22. JOIN'P A[+ID�NDIVIDUAL LIADIL.['I'lf;CO-SIGNEEiS;SUCCESSORS AND ASSIGAIS UOUMD.All dutics
<br /> u�ider this Security Instrument are joint nnd indlvidual.If Grantor signs tl�is Securi�y Instrument but dnea nat s3gn an
<br /> evidence af debt,Gruntor dacs so anly to mort�age drantor's interest in thc Property ta securc p�yment uf�he
<br /> Secured Debt and(yr�ntor ciacs not f►grec ta bc personally liable on tlic Sccured Debt. If this Sccurity Instrwnent
<br /> secur�s a baArAnty bchvicen Lender n�nd Grnntor,Grnntor a�rces to waivc any rlghts that may prevent L.endcr from
<br /> brin�ing any uction or claim ngainst GTantor or nny party indebted under the obligation.These rights may include,but
<br /> are not limited to,any anti-deficiency or one-�ction Inws. Grantor agrees that L.ender and uny party to this Sccurity
<br /> Instrument may extend.modify or meke any change in the terms of this Security Jnstrument or any cvidence of debt _
<br /> without Ciruntor's consent.�uch a change will not release Grantor from th�terms of this Security Instrument.T'he
<br /> duties and benefits of this Sr.curity Instrument shall bind and beneCt the succcssors and assigns of Gruntor and Lendcr.
<br /> 23. APFLICABL�LAW;SEVERpiI31L�T1f;INT�RPRETA'D'LO1V.This Security Instrument is govcrned by the la�ws of
<br /> the jurisdiction in which Lenr.ler is located,except to the extent oihetwise required by the lAws of thc jurisdictic,n
<br /> where the property is located.'This Sccurity Instrument is wm�lete and fully intcgrated.This Security Instrument may
<br /> not bc flm�aded or modifieci by aral agreement. Any section in tliis Security Instrument, attnch�nents,or anp
<br /> agrcement reloted to the Sccured Debt thAt conflicts with appllcxble law will not be cffcctivc,unless thnt law cxpressly
<br /> or implieclly permits the variations by written agzeement.If any section of ttiis Securi4y Insln►ment cannot be enforced
<br /> uccording to its tcrms, that section will be severed and will not affeci the enf'orceubility of the remaindcr of this
<br /> Security Instrument.�Vhenevcr used,the singular shall include t,he plural and the plural the singular.The capt�ons and
<br /> hendings of the sections of tiiis Security Instrwucnt are for conveiuencc onty und are nat to br,used to interptet or
<br /> ticfin:..F:.S�rm�of iltis xtLZi�,r��.�,���r,T�Inr i��f rhe e.ccence in thic Security instrument.
<br /> 24. SUGCES�Oit T�US7['EG. Lender, at Lender's option, may from time to time remove Trustee and�ppoint n
<br /> successar trustee without any otlier formality than the designation in writing.Tha successor trustee, without _
<br /> conveyance uf the Property.sball succeed to all Yhe title,power nnd duties conferred upon Trustee by�his Security
<br /> Instrument and upplirmblc law.
<br /> 25. N01'ICE.Unless otherwis�:required by lsw,any notice shall be given by delivering it�or by maiGng it by�rst cl�ss
<br /> mail to thc�uppropriatc party's address on page 1 of this Security Instrumei�t,or to nny otlier address dcsignated in
<br /> writin�.Notioe to one grantor will be deemed to be notice to all graatars.
<br /> 26. VYAIVERS.Exccpt to the axtent prohibitcd by luw,Gr�ntor waives ap appraisement and homestead exemption rigl�ts
<br /> rclatu�g to tlic Property.
<br /> 27. OTHER TEItMS.If checked,the following are applicable to this Security Instrument:
<br /> �}C Une ot Credit.The Sr,cured Debt includes a revolving line of credit provision. Although the Secured Aebt
<br /> may be reduced to a zero balence,this Security Instrument wiU remain in effect until release:d.
<br /> ❑ Construction I,�o�n.This Security Instrnment secures an obligation incurred for thc construction of an
<br /> . improvcmcnt on thc Property.
<br /> ❑ EYxture FIUns.Grantor�runts to L,�:nder r► security interest in all goods that Grantor o��ns now or in the
<br /> tu2ure and that are�r will become fixtures relnted to the Property.This Security Instrumer�t suffices as 1
<br /> Cmancing stutement and any carbon,photographic or other reproduction cnay be filed of rccorc!for purposes
<br /> �f n►i{CIZ�vi Iit�UuiiUaul COlililBCCldi CQiRe.
<br /> ❑ Ridere. T,he cavenants and agrcements of cach of tlie riders cliecked below are incorpurated into and
<br /> supplement and amend thc tcrms of t�ls Security Instrument.[Check all appltcable baxes]
<br /> ❑Condomi►iium Rider ❑Planned UniY Devclopment Rider ❑Other..........................................................
<br /> ❑ Ac�ditional Tcrms.
<br /> � SICNATiJRE5:By signin�below,Grantor agrees ta the terms a�id wvenants contained in thes Security Inst�vment and in
<br /> � any attachmcnts.Grantor also ucknowledges rcceipt of a copy of this Security Instrumcnt on thc datc steted on�age 1.
<br /> .
<br /> , ��n•"T r'•� 05/09/98
<br /> ........... .� . ..... ...�........... .... ........................... ........................................................................ .
<br /> ..............................
<br /> (Signc�mtc enaeueu r. �nTn (Dntc) (Signaturc) (natc)
<br /> ACKN07VL�DGMLN'i:NEBRASKA HALL
<br /> STATE OF. ....,CO��Y OF.....................fNA�'..........................y.g.9.�.)ss.
<br /> llnJivldu�q Th�����1�1��1��'0��°A�S��tfliL�����d bcforc mc this........................d�y of...............................................................
<br /> My commissim�expires:..................................�"`.---^'r".'�C��1�/...��........................... ... ........................
<br /> �..
<br /> �_ .. ..... ....
<br /> �MERA!KOIAR1SUle ol Me6ra�la (No�nry{'ublic)
<br /> I �C01?C.KISSLEH
<br /> 1�Canet f W.Auy�I.l996
<br /> O 18g1 DaM�m byetemr,lnc..S�qou0.MN(t-t300397-23N1�n RE-0T•NE 8'8t8� (pago 4 0l4)
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