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� :;,a:,: � . 2oiooss47 Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restaration or repair of the Propexty or to the 5ecured Debt, wh�:ther or not then due, at f3eneficiary's option. Any application of proceeds to principal shall not extend or posfpone the due date of the scheduled payment nnr change the amount of any payment. Any excess will be paid to the Grantor. If the Property is acyuired by Beneficiary, Trustnr's right to any insurance policies and proceeds resulting fxom damage to the Property b�:fore the acyuisition shall pass to Beneficiary to the extent of the 5ecured Debt immediately before the acquisition. 20. ESCROW FOR TAXES AND INSURANCE. Unless ocherwise pravided in a separate agreement, Trustor will not be required to pay tn Beneficiary funds For taxes and insurance in escrow. 2I. FINANCIAL REPORTS AND ADUITIONAL DOCUMEN'I'S. Trustor will provide to Beneficiary upon request, any financial statement or information Beneficiary may deern reasonably necessary. Trustor agrees to sign, deliver, and file any additional documents ��r certifications that B�neficiary may consider necessary to perfect, continue, and preserve Grantor's obligations under this Security Instrurnent and Beneficiary's lien status on the Property. 22. JOIN'I' AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOLTND. All duties under this Security Instrument ar� joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of d�bt, Trustor does so only t<� mortgage Trustor's interest in the Property to secure payment of the Secured Debt and Trustor does not agree to b� personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Beneficiary and 1'rutitnr, Trust�r agrees to waive any rights that may prevent Beneficiary from bringing any action or claim against Trustc�r or any party indebted under the obligation. Th�se rights may include, but are not limited to, any anti-deficiency or one-action laws. Trustor agrees that Beneficiary and any party to this 5ecurity Instrument may extend, modify or make any change in the terms of this Security Tnstrument or any evidence of debt without Trustor's consent. Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary. 23. APPI�ICABLE LAW; SEVERABILITY; IN'I'ERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Beneficiary is located, except to the extent otherwise required by the laws of the jurisdiction where the Prop�rfy is located. This Security Instrument is complete and fully integrated. This 5ecurity 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 cont7icts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. lf any section of this Security Instrurnent cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. "I"he captions and headings of the sections of this 5ecurity Instrutnent are for convenience only and are not to be used to int�rpret or define the tertns of this Security Instrument. Tirne is of the essence in this Security Instniment. ?A. SUCCESSOR TRUSTEE. Beneficiary, al Beneficiary's c�ptinn, may from tirne to time remove Trustee and appoint a successor trustee without any c�fher formality than the designation in writing. The successor trustee, without conveyance of the Properly, shall succeed fo all the title, pawer and duties conferred upon Trustee by this Security Instrument and applicable law. 25. NOTICE. L7nless otherwise requixed by law, any notice shall b� given by delivering it or by mailing it by first class mail to the appropriate party's address nn page 1 of this 5ecurity Instrument, or to any other address designated in writing. Notice to nne trustor will be d��med to be notice tn all trustors. -- -�: �A��S,-�s�cee�t t�- t1�e extent prohi�itee# by law, T�aster- wa'rves all appraiset�ent and homestead exempEion rigi�ts relating to the Property. 27. OTHER TERMS. If checked, the following ar� applicable to this Security Instrument: ❑ Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. ❑ Construction Loan. This 5ecurity Instrument secures ari obligation incurred for the construction of an improvement on the Proptrty. ❑ Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrurnent suffices as a financing statement and any carbon, photographic or other reproduction may be filed nf record for purposes of Article 9 of the Uniform Commercial Code. ❑ Riders. The covenants and agreements of �ach of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] ❑ Condomuuum Rider ❑ Planned Unit Develapment Rider ❑ Other ....:............................................. ��7 Additional Terms. SIC�}NATiJRE.S: By signing below, Trustor agrees to i�Ze terms an� �ovenants contained ic�.this- Security Instrurnent and in any attachments. Trustor also acknowledges r�ceipt of a copy of this Security Instrurnent on the date stated on page 1. C�, .. .. .�.. ..:l..� �•�CC-9�v � ..�...�..... ..✓�.�.�..... ..�•�e�...... <<--:�.�� .. . . . . :... .. ................... . (Signature) STEVE G. MILLER; GLAUYS R. OLLS (Date) ( i�nature) KEI7H R. ROLLS (Date) ACKNOWLEDGMF.NT: STATE OF l��RASKA ..................................... COtJNTY �F HAII...............................................} ss. a��n This instrument was acknowledged b�fore me this ....... ..H........ day of ................KOVEMBF.R,.2D.1.Q................ by �TEV�.G,JNILLEH;KEI.T.H.B..RA�lSaG1�AAY�R�.BOI�t�wA.SWG��.P� N,.H�ISBANQ.AI�UN►1F�.AS.Jp . T�ryIANT ......... ................. . My cornmissian expir�s: 08•30-2014 � �. � . .... / . .....� . . .. . .. . ...... . . . . . : . . . . . . . . . . : :�,,. . .( . . . . . . �.� (Notary Public) TERESA pICHLER Fj(� � 1994 9ankers Systems, Inc., St. Cloud, MN Form RE•dT-NE t /page 4 of 4J �4�M� � dN�pM�I '1l1�11 �IG�.EA i014