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� � �; �; �� ; � � , r� 201U49309 20. ll. zz. 23 24. 2S. 26. 27. Unless otlierwisc a�reed in writiu�;, �ll insurxnce proceeds sl�all be �pplied to the restoratiou or repair of the Property or to che Secured llebt, whether or uot. then due, at Beneficiary's opt.ion. Atay application of proceeds to priucipal shall not extend or postpone the due d�te of tbe scheduled payment nor chauge the amouut of �.uy pxyn�cnt. /1uy excess will he paid to the Grantor. If the PropeRy is acyuired by Beneficiary, Trustor's ri�Ltt t.p auy insurance policies ancl proceeds retiulting from damage to the Yroperty before ll�e acyuisition shall pass to I3cncficiary to the extent of the Secured Debt inul]edixtcly before the acquisition. ESCROW TOR TAXES AND 1NSURANCE. iJnless otherwise provided in a sepxrate agreement, Trustor will not bc required lo pay to Iieneficiary funds for taxes and insurance in escrow. FINANCIAL RE�ORTS AND ADDITIONAL DOCUMENTS. '1'rusror will provide to T3eneficiary upan rcyuest, ai�y finxncial statement or information Beaeficiary may dee�n reasonably necessary. Trust.or agrees to si�;n, deliver, xnd 1'ile auy xdditional docunaents or cert.ifications that Beneficixry may cousider necessary co perftet, continue, a.ud preserve Granlor'� obligatious under this Securit.y Instrument and Beneficiary's lien slacus on the Propeny. J!DINT AND INDNZDT]AL L�ABILITY; CO.SIGNERS; SiTCCES50RS AND ASSTC'rNS BOiJND. All du�ies under t.his Securiry instrumeut xre jc�int aud individual. If Truslor sig�as this 5ecuril.y l��strument but docs nut si�n au Gvidencc ��1� debt, Trustor does so only to morl�age Trustor's interest in thc Property tn secure payment of the Secured Debt and Truslor does not agree to be personally liable on the Secured llebt. if this Security InstrumenC secures a guaranty bel.wee�� Beneficiary and "frustc�r, Trustor a�rees to waive any ri�hts that may preveut Reneficiary from nringin� auy actian or clxiin against Trustor or any party indebted under the obligal.ion. These rights mxy include, bul arc not 1'united to, �ny anti-deficicncy or oue-action laws. 'Trustar agrees Chat Beneficiary and any pxrty to this Security Instrumeut �aaxy extend, n�odify or make any change in the lern�s of this Securiry Instrument. or xny cvidence of debt withouC 'I'rustor's conscm. Such a change will not release 'I'rustor from the terms nf this Security Instrument. '1'he duties and beuefits of tliis Security IntitruYnent shall biud xn�l beuefit t.he successors aud assigns of Trust.or xn�l i3eneficiary. APPLICA$LE LAW; SEVERABILITY; INTERPRETATION. 'I'his Security lustrumeut. is governed hy tl�c laws ol tltc . jurisdiction in which Bencliciary is located, except. to tlte extent otherwise rcquired by Ihe lxws of che jurisdiction wliere thc Propert.y i� locatcd. '1'L�is Security Instrument is complete a.ud t�ully integrated. This Security ii�strument inay nnt hc xmcnded or modified hy oral agreement. Any section in this Security Instrmuent, at.lacht��ents, or auy agreerncnt rel�ted tci Che Secured Debt t.hat conflicts wit.h applicable law will not be effeclive, unless thxt law expressly or impliealy pcnnits the variations by writ.leu agreement. lf any ticction of lhis Security [ustrumeiat cannot be evforced according to its terrns, that section will be severed xnd will not affect the enforcea.biliry of the remainder of this Security Intitrurrieuc. Whenever uscd, t�e singular sL�all include the plural and the plural t.he singular. The captions and headings nf thc SCCU011ti of tl�is Sccurity ]nsirument are for co��venieuce ouly xnd arc not to be uscd to interpret nr define the tenns c�f tl�is Security In�trurnent. Time is of lhe essence in this Security Instrumeul. SUCCESSOR TRLJSTEE. Reneficiary, at BeneTiciary's option, tnay from [ime to time remove Trustee aud appc�int a successor trustec without. a.uy other fonnality than the designation in writing. 'The successor Crustee, without conveyancc of the Properly, til�xll succeed to xll the title, power and duties conferred upon 'I'rustee hy this Sec:urity lnstru�neut an�l applicable law. NOTICE. Unless otherwisc required by law, auy nocice shxll be given hy deliverin� it or by itaailing it by first clxss mail - to the apprc�priaie pxrey's address o�t pag� 1 of thii Sccuriry lutiirunze:nt, or tu �riy ot.l�er ad�lr�s:: ;�:,ic�r�ted in writing. Notice to one trustor will be deerned to be notice to xll trustors. WAIVERS. Except. to tlte extent prohibiied by law, 'Trustor waives all �.ppraisernent and �omestcad exemption rights relating to the Propercy. OTFIER TERMS. lf checked, the following are applicable to this Security instrument: ❑ Line of Credit. The Secured Dcht includes a revolving line of credit provisiou. Although die Secure�l 17cht may be reduced to a?,ero balauce, tl�is SecuriCy lnstrutnc»t will remain in effect until released. ❑ Constructian Loan. This Security Instrumeut. secures a� obligation incurred for Ihe cunstructio❑ of an in�provculeut on the Property. ❑ Tixture Filing. Trustor �;ranls ta Beneficiary a,r•ecurity interesl in all goo�ls that Granl.or owns uow or in thc future and that are or will become fixiures related to the Property. "I'his Security lustrument suffices as a finxncing statement and any exrbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uuiform (.:omancrcial C.ode. ❑ Riders. The covenants and a�reements of each of the riders checked below are incorporaced into xu�l supplemeut and amend the ternis of this Security lust.run►ent. [Check �11 applicable hoxes� ❑ Condominium R.ider ❑ Planned IJnit Development Rider ❑ Ut.her .................................................. ❑ Additional Terms. --- .. _ _ _. _..._.---. . _ ---� --_--_ __ .__ � .._.___ _..: .__ � _.___----- SIGNATURES: By si�;ning below, TrusCor agrees tn the tenns and covenants contained iu this Securily lns[rutt►cnt aud in �uy a[tachrncnts. TrusCor also acknowlcd�es receipt ot' a copy of this Securiry Instrumeul ou tlae datc stated on page 1. . . . . . .�:Cti�. . . . . . . �. . . . . . . . .�: .��. . �� . . . . . . . . � �: .!.°. � : i ". . . . . . . . . . �1.� .l0/'`� . .C._.�Sf!//a .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Si}ni�cure) Elio D. Castillo (l.�atc) (Si�iature) Flavia Castillo (I)ate) ACKNOWLEDGMENT: STA'1'� OF N.�4r�ka . . ..... . .. . . . . . .................. ... . . C"OLJNTY UF Ha�l ....... . . . . . . .. .. . , , .. . . . .. . .. . . . . . . .. .......... } ss. ° i� ; " ; �°'�> Tl�is instrument was ackuowledge�l before me this ........]Ozh........ day of .................pa,camber,.2n.1.�.............. by Elio. p..Gastilla; Flavia G.astiqv,. H.us.hand and Wifa . . . . . . . . : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . : . . . . . . . . . . . My comnlission expires: 11•14•2014 ... .................... ..... ..... ...... ........................ '�� (Nntar Pnblic) arah Campa � C) 1994 Bankers Syst o� - z /page 4 of 41