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1/3/2011 3:22:30 PM
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1/3/2011 3:22:30 PM
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DEEDS
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201100022
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2oi�00022 <br />D. Trustor shall immediately notify Beneficiary in writing as soon as Trustor has reason to believe there is any pending <br />or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardaus <br />Substance or the violation of any Environmental I.aw. <br />12. ESCROW FOR TAXES AND INSIIRANCE. Unless otherwise provided in a separate agreement, Trustor will nat be <br />required ta pay to Beneficiary funds for taxes and insurance in escrow. <br />13. JOINT AND INDIVIDLTAL LIABILITY� CO-SIGNERS; SUCCESSORS AND ASSYGNS B011ND. All duties under <br />this Security Instrument are joint and indivldual. If Trustor signs this Security Instrument but does not sign an evidence of <br />debt, Trustor does so only to mortgage Trustor's interest in the Praperty to secure payment of the Secured Debt and <br />Trustor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between <br />Beneficiary and Trustor, Trustor agrees to waive an,y rights that may prevent Beneficiary from bringing any action or claim <br />against Trustor or any party indebted under the otiligation. These rights may include, but are not l�mrted to, any <br />anti-de�cieney or one-action laws. The duties and bene�ts of this Security Instrument shall bind and benefit the successors <br />and assigns of Trustor and Heneficiary. <br />14. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This 5ecurity <br />Instrument rnay nat be arnended or modified by oral agreement. Any section in this Security Instrument, attachments, or <br />any agreement related ta the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly <br />or impliedly permits the variations by written agreernent Tf any section of this Security Instrument cannot be enforced <br />according to its tcrms, that section vvill be severed and will not affect the enforceability of the remainder of this Security <br />Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of <br />the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of <br />this Security Instrument. Time is of the essence in this Security Instrument. <br />15. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary 's option, may . from time to time remove Trustee and appoint a <br />successor trustee without any other fortnality than the designation in writmg. The successor trustee, without conveyance af <br />the Praperty, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and <br />applicable law. <br />16. NOTICE. Unless otherwise required by law, any na�ice shall be given by delivering it ar by mailing it by first class mail <br />to the appropriate party's address on page 1 of this 5ecurity Insirument, or to any other address designated m writing. <br />Notice ta one trustor will be deemed ta be notice to all trustors. <br />17. WAIVERS. Except ta the extent prohibited by law, Trustor waives all appraisement and homestead exernption rights <br />relating to the Property. <br />18. LINE OF CREDIT. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced to a <br />zero balance, this Security Instrument will remain in effect until released. <br />19. APPLICABLE LAW. This Security Instrument �s. gqverned by the laws as agreed to in the Secured Debt, except to the <br />extent required by the laws of the jurisdiction where tlie;p';"roperty 1s located, and applicable fedaral laws and regulations. <br />Z0. RIDERS. The covenants and agreements of each of the riders checked below are incorparated into and supplement �nd <br />amend the terms of this Security Instrument. <br />[Check all applicable boxes] <br />❑ Assignment of Leases and Rents ❑ Other ............................................................................................. <br />21. ❑ CONSTRUCTION LOAN. This Security Instrument is a construction security interest which secures an obligation <br />incurred for the construction of an improvement on the Property. <br />22. ❑ ADDITIONAL TERMS. <br />SIGNATURES: By signing below, Trustor agrees to the terms and covenants contained in this Security Tnstrument and in any <br />attachrnents. 'Trustor alsa acknowledges receipt of a cop.y of, this Security Instrument an the date stated on page 1. <br />�' . <br />..`�-,�.. .... ....��..1 ....... ...............��: -z.3.: :�o . - ............... .. ..... .... .. ............. ..... �-���..... ��� <br />� <br />(3ignatura) (bate) (Signature) (Date) <br />Todd E Kober Deborah A Kober <br />ACKNOWLEDGMENT: �e �/ <br />STATE OF /�e���7s�Gt .................. COUNTY OF ........`1G.?�,I..�......... ............ ss. <br />................ <br />(Individual) �is instrument was acknowled g e before me his ...... 3C. . da of .. . . . . . . . � .�C,�!� �� . �P, /U. . . . . . . . . <br />�. .. <br />vy . .. .. . . . . . . . �adcal.. :�...K. r���r-:: �!��.-. : �f .-.��: : : �.��: : : : : � .: : . . . : . : . :..-. : . . . . . . . . . � . . . : : . � : : <br />My commission expires: �_�,-� z�� zc�rZ y <br />. . . . . . . . . . . . . C���. .!... >. . :����. . . . . . . . . . . . . . . <br />GEMERAL NaTARII•5ta� af Nebraska (Notary Public) <br />III CpNST'ANCB K. B[?NSpN <br />My Comm. Exp. Sept. 26, 2012 <br />F�f�e p 1994 Bankers Systems, Inc., St. Cloud, MN Form pCP•REDT•NE 1/31/2003 <br />lpage 4 of 4/ <br />
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