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„. � .�; ; ,. zoioo��o5 20. 21. 22. 23 24. 25. 26. 27. Unless otherwise agreed 'ur writing, all insurance proceeds shall be appli�d to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Bene�ciary's option. Any application af proceeds to principal shall not extend or postpone the due date of the scheduled payment nor change the amount of any paynnent. Any excess will be paid to the Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting frorn damage to the Property before the acquisition shall pass to Bene�ciary to the extent of the Secured Debt immediately before the acquisition. ESCR�W FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreernent, Trustor will not be required ta pay to Beneficiary funds for taxes and insurance in escrow. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiary upon request, any financial statement ar inforrnation Beneficiary may deern reasonably necessary. Trustor agrees to sign, deliver, and �le any additional documents ar certifications that Beneficiary may consider necessary to perfect, continue, and preserve Grantor's obligations under this Security Instrurnent and Beneficiary's lien status on the Froperty. JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instntment are joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of debt, Trustor does so anly to mortgage Trustor's interest in the Property to secure payment of the Secured Debt and Trustor does not agree to be personally liable on the Secured Debt. If this Security Instrurnent secures a guaranty between Bene�ciary and Trustor, T:Zast3r agrees-tc� waiv� any-right� -t�Zat may-�vcr�t �ezr�ZCiatr'g�rrt �ringin��r.y action or ctaim against Trustor or any party indebted under the obligatian. lfiese rights nnay include, but are not limited to, any anti-deficiency or one-action laws. Trustor agrees that Beneficiary and any party to this Security Instrument may extend, rnodify or make any change in the terms of this Security Instrument or any evidence of debt withaut "1'rustor's consent. Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefts of this Security Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrurnent is governed by the laws of the jurisdiction in which Beneficiary is locate�l, except to the extent otherwise required by the laws of the jurisdiction where the Property is located. This Security Instrurnent is complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instnunent cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instnirnent. Whenever used, the singular shall include the pinral and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may frorn time to time rernove Trustee and appoint a successor trustee without any other formality than the designation in writing. T'he successor trustee, without conveyance of the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and applicable law. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by �rst class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. NoCice to one trustor will be deerned Co be notice to all trustors. WAIVERS. Except to the extent prohibited by law, Trustor waives a11 appraisement and hamestead exemption righta relating to the Property. OTHER TERMS. If checked, the following are applicable to this Security Instrument: ❑ Line of Credit. The Secured Debt includes a revolving line of credit provisian. Although the Secured Debt rnay be reduced to a zero balance, this Security Instrument will remain in effect until released. ❑ Construction Loan. This Security Instnunent secures an obligation incurred for tl�e construction of an improvement on the Property. ❑ Fixture Filing. Trustor grants to Beneficiary a security interesC in all goods that Grantor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrument suff'ices as a fianancing statement and any carbon, photographic or other reproduction may be filed of record for purpases of Article 9 of the Uniform Cornmercial Code. ❑ Additional Terms. ❑ Riders. The cavenants and agreements of each of the riders checked below are incarporated into and supplement and amend the tern�s o F this Security Instrument. [Check all applicable boxes] ❑ Condaminium Rider ❑ Flanned Unit Development Rider ❑ Other .................................................. SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Ir�strumerit and in aii,y attachments. Trustor also acknowledges receipt of a copy of this Security Instrumemt on the date stated on page 1. ......�.._:� . ..�:�� ........................ �}: a5: �.... `� ............................................................. (Signature) Doup C� (Date) (Signature� (Date) ACKNOWLEDGMENT: STATE OF I�a4raska . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . c This iristrument was acknowledged before me this . by Aaua.GaU�na,A.S�ngleP.a«pn ................................ My commission expires: .,�..�.�,. - �/�”' (91994 Banker yate _ Inc., St_ CI�� f�h. 29, ZOU COUNTY OF ..Jl./. ...... /C .................................} ss. �C . .. ... ..19th. .. . .. .. day of . .. . .. . .. . . ... ..SeVtem4�, z01 D. ... . .. . .. ... .. . . ..... . .. . .�Nota blic) ................................ T J. Janky � (page 4 of 4�