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%.._ <br />a � <br />, � � � � � � � � � <br />'1 <br />, , I <br />Unless otherwise agreed in writing, all insurance proceeds shall be applied tn the restoration or repair of the Property or to <br />thc Secured Debt, whether or not then due, at $ene�ciary's option. Any application of proceeds to principal shall not <br />extend ar pastpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid <br />to the Grantor. Tf the Prnperty is acquired by Beneficiary, Trustor's right to any insurance palicies and proceeds resulting <br />from damagc to the Property before the acquisition shall pass to Beneficiary to Che extent of the Secured Debt immediately <br />before the acquisition: <br />ESCROW FOR TAXE$ AND INSURANCE. Uniess otherwise provided in a separate agreement, 'I'rustar will not be <br />required to pay to Beneficiaty funds for taxes and insurance in escrow. <br />FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiary upon request; any <br />financial statement or informatian Beneficiary rnay deem reasonably necessary. Trustor agrees to sign, deliver, and file any <br />additional docnments or certifications that Beneficiary rnay consider necessary to perfect, continue, and preserve Grantor's <br />obligations under this Security Instrument and Beneficiary's lien status on the Property. <br />JOINT AND INDYVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under <br />this Security Tnstrument are joint and individual. If Trustor signs this Security Instrument hut daes not sign an evidence of <br />debt, Trustor does so only to rnortgage Trustor's interest in the Property to secure payment of the Secured Debt and <br />Trustor does not agree to be personally liable an „fhe Secured Debt. Tf this Security Instrument secures a gaaranty between <br />Beneficiary and Trustor, Trustnr agrees to waive any rights that may prevent �ene�ciary from bringing any action or claim <br />against Trustor or any party indebted under the obligation. "I'hese rights rnay include, but are not limited to, any <br />anti-deficiency or one-actian laws. Trustor agrees that Beneficiary and any party to this Security Instxument may extend, <br />modify or make any change in the tertns of this Security Instrument or any evidence of debt without Trustor's consent. <br />Such a change will not release Trustor from the terrns of this Security Instrument. The dnties and benefits of this Security <br />Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary. <br />APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the <br />jurisdiction in which Beneficiary is located, except ro the extent otherwise required by the laws of the jurisdiction where <br />the Property is located. This Security Instrument is complete and fully integraCed. This Security T�strument rnay not be <br />amended ar modified by oral agreement. Any section in this Security Instrutnent, attachments, or any agreement related to <br />Che S�cured Debt that conflicts with applicable law will noC be effective, unless that law expressly or impliedly permits the <br />variations by wxitten agreement. If any sectian of this Security Tnstrument cannot be enforced according to its terms, that <br />section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, <br />the singular shall include the plural and the plural the singular. 'I'he captions and headings of the sections of this Security <br />Instrument are for convenience only and are not to be used ta intetpret or define the terms of This Security Instrument. <br />Time is of the essence in this Security Instrument. <br />SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a <br />successor trustee without any other Formality than the designatinn in writing. The successor trustee, without canveyance of <br />the Froperty, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and <br />applicable law. <br />NUTICE. Unless otherwise required by law, any notice shall be given by delivering it or by rnailing it by first class mail <br />to the appropriate party's address on page 1 of tlus Security Instrurnent, or to any other address designated in writing. <br />Notice to one trustor will be deemed to be notice to all trustors. <br />WAIV�RS. �xcapt co the exten't prohibitett by law, TrUS'to� Vvaives all appraisexTlerit and liomestead eXerri�tiop rights <br />relating to the Froperty. <br />OTHER TERMS. If checked, the following are applicable to this Security Instrument: <br />❑ Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt rnay be <br />reduced to a zero balance, this Security Tnstrument will remain in effect until released. <br />❑ Construction Loan. This Security Instrument secures an obligatian incurred for the construction of an improvement <br />on the Propetty. <br />l7 Fixture Filing. Trustor grants to Beneficiary a security interest in all goads that Grantor owns now or in the future <br />and that are or will become fixtures related to the Property. This Security Instrument suffices as a financing <br />statement and any carbon, phntngraphic or other reproductian nnay be filed of record for purposes of Article 9 of the <br />Uniform Commercial Code. <br />❑ Riders. The covenants and agreements vf eac� of the riders checked below are incorporated into and supplement and <br />amend the tertns of this Security Instrument. [Check all applicable bnxes] <br />❑ Condominium Rider ❑ Planned Unit Development Rider ❑ Other .................................................. <br />❑ Additional Terms. <br />SIGNATUkES: By signing below, '�rustor agrees to the terms and coveanancs enntaineci in this Security Instrurnent and in any <br />attachments. Trustor also acknowledges receipt af a capy of this Security Instrument on the date stated on page 1. <br />�.� - ,� � /J <br />.................... ............. .-�'.��° � ,�:� ...�.� ...............................`� � i <br />... ........ . .. . ,. . <br />(Signature) �RAIG M. MCINTYRE (Date) (S' tux � ��,�� (Date) � <br />�� I <br />ACKNOWLEDGMENT: <br />STATE OF NEBR�.SKA .................................... C�UNTY OF M�RR��K..........................................} ss. <br />c �'� i° '� °e � > This instrurnent was acknowledged befora me this .......3qT ...... day of ... ...SEP.TEMRER,.2U10...:....... <br />......... .. <br />by ��AI.G.M..�ICIN.TYRE:AMY.M..MG.INTY�E,.HU.SBA�A.A�l4.V�lF.�.. . . � <br />My comrnission expires:08�01•2D11 <br />. . ... ... ...:� ......................... <br />otary Public) <br />QEBORA K BECK <br />20. <br />21. <br />22. <br />23. <br />24. <br />2S. <br />Z6. <br />27. <br />Fj{�"" �1984 8ankers Syatems, Inc., St. Cloud, MN Form NE-dT-NE 1/30/2002 <br />� NOTARI�«Bt�InNAbPi� <br />��.' q�B01�AH K. I�CK <br />Comm. . .1, Z011 <br />(page 4 of 41 <br />-- ----_..._._.....---.. ... �._._� <br />