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<br /> Unles.q athcrwise a�ed in writing,aU intu:ance proceeds rchal!Ix upplied tu tlic r::st��t:►t(ot�07 i'cp,�ie caf tlic E'���r::yty --
<br /> 6i I(D ty1C SCCll[C(�DCbt,whether or not thcn due,ut I.�nder'rt c��lon.Any flpplication�f prc�cecds tu�►ritrci��al Klaull nut
<br /> extend�r poatpone thc due d�te aE►he r�,hedukc��xymena n��r ch�ngc the�unount af a�iy payment.Any exces�wili he -
<br /> pABd ta t.h�a Griu►tor. If tha Properey is acquired by L�ender,orantor's right to any in�ur�ncc polklr�and pr►x�eeds
<br /> resul�ins ir�m dnma,o to tba 1'roperty be[cm►he re9uluition�+h"11 P""��°I.eackr to the extant of ihe Secural Debt
<br /> itqmediwtely before the ucquitttlon.
<br /> 2�. ESCROW FOR TAXFS ANU Ylv:iU�iZAPil:e.iJnkss nthCrwi��;�uv�ueu ia���.<<�2c a�e�cntcnt.orantnr tirill nnx ,
<br /> be rrcquired to psy to Lender funds for taxes rnd insurana in escrow•
<br /> 2l. fi�i�c'�a�l stwternent ar�'��►formAtian Lender�muy dee erm aaona�bly nGe ran�torywOrantor ugtea 1a ign,�da�i eruand k
<br /> any additional document3 or certifications that T..ander may consider neces.u�ry to p:�rtect,conNnue,and pr�eterve
<br /> Grencor's obligations under this Security Insttumcnt eu�d I.ender's lien atatu.s on the ProFecty.
<br /> 22. JOIM'A1VD INDIVICtYJAY.WABiLITY;CO-SlGNERS;SUCCB590RS AND ASSI�NS�laUNDo All duties
<br /> under this Security instnunent are joint end indi��ldual.If Grantar signs this Security Inucument but does not�i�n un
<br /> evidenr,e of ckbt,Grantor does so only to mortgage Grantor's intere�t in thc: Propecty to secure paymenl of IhC
<br /> Sec�red DeM aud Grarttor does not agr�e to be personaliy liable an the SecurEd Debc.If th�s Secunry laurument
<br /> secures a gueranty txtween I.en�cr ax�d Grantor,Gaantcr agrees to waive any rights thrt mAy prevent Lender[rom
<br /> bringang any action ar claim against Grantor or any pacty indebted unckr the obGgation.71�ese rights may includo.but.�
<br /> are not limited to,sny anti�deficaency �r one-actioa laws.Granta agrees that I.ender and anY patY to this Senuity
<br /> Luiii�r�r�t�►sp�*cst.;,.cl,r.se�ify er r.�s�e e�y c!!�.nge in the terms of this Socurity Instrument or a��y evidence of debt
<br /> without Grantor's consent.Such a chan�te will not release Grantor fran the tem�s of this Seauriry I[utmment.'li�e
<br /> duties and bencfits of this Security Iastrumant shall bind and ixnc6t the s�essorq aad�sig�pf Grau►tcx and I.ender•
<br /> � AppWG',g��,A,�y,gE'V��tA�iT,17y;INTEYtpRF.'fATiON.This Security Instruinent is governed by 1he lawx of
<br /> the jurisdiction in which Leoder. ia k�cated,exceQt to the extent othtrwise rcqulred by the laws of the jurisdiction
<br /> where the Fropsrty is located.This Security Instrument�complete mnd fully integreted.'Ihis Se�urity Ietstr�ement may
<br /> ' nat be amcnded or moditied by nral agreentent.Any section in this Security Instrument.attachments,or any
<br /> agreement rolated to t6e Sxured�ebt that conkticls with applicablo 1aw will not be effedive,unkss that law expre�aly
<br /> '� or impli�dly permi�s tha eariations by written�greement.If any seCtion of this Sccurity Iratrument cannat be eaforced
<br /> according to its terms, that section will be severed and�will not affect tho enfarceability of the remainder of this
<br /> Se..-�uity lastniment.Wheaever used,the singular shall include the plurul and the ptural the sin6ular.Tbe c�ptians ao�d
<br /> h�ading�of the sedia►s of this Security Instcument ere for c,onvenience on�y and Rre noe to be used ta int��xet ar
<br /> tiCtIt1G iuo ic�na vi s�inir;ar?�.a:f:,w"':T':.,^1LS::.�Lm:2:nf thw r nfcercP in Lh1S�EC11f1iY IDSLYtl01C11�.
<br /> � ?,!, SUCCGS50R Tlt�:)5;1ClE�E; Lender, at Lender's option,may from time ta timo remove Trusteo and appotnt s
<br /> � � •' successor trustee without any ather formality tLan the desigaation in writiing.The suxessor truatee,without •
<br /> �•.'•,,��,,:� convoyacwe of tb�e Property,shall��caed to all thc title,power and duties confeatid ugon Tnratee by this Saxiritr
<br /> ; � ' ' Ynstrumcnt and spplicabk law.
<br /> �.��5. N(/TiCE.Uakss oiberwise requu�ed by law,any notia sball be given by deGvering it�r by motiling it by�t dxs�
<br /> mail to the appropriate p�rty's sddress on pAge 1 af this Seeucity Instrument,or to any cKher acWnss d�sign�►ted'w
<br /> writing.Notitt�co one grancor will be deemat to ba notioe to a11 grastors. ,
<br /> 26, WAry�RS.Ezcxpt to the e�ctent pzohibited by law,Grantor w�,i��s all a�praisement and�ttume�tcad exemption righLs
<br /> �eWin�co thc Property. . � .
<br /> n. p�iER TERM.9.If c��eFked,the follorriug are applieabk to thi�'Sx�rity Ias�r�men�
<br /> � I,ye�t(�ili:pVie Secu��ed Debt inetudes x revohring line of credit proviaion.Althouqh the Stcured Debt'
<br /> may be reducec!io a�.�ro bdance,this SCC�tnity InatrunlcAt�rfll,romain in effe�unkil released. ,
<br /> ❑ CoMrMelio�Lorr.This�����.rity Jnstrument senuizes:�n obligation incurred 7Eor the rnnstavctioa af a�r� :`
<br /> im�►rovement on tho Prope��r� r; � • , , �
<br /> ❑ I+bchre F{li�, Gruitor qr�ui�,s'to Len�lex�i�security intecest in all goods that(`31�ia'�i�r owng,�ow ar�n t�
<br /> � � future aind t6�t sre or will become 6xtt�ros related to the Proparty.This Security Instnunrs�t.:qunicca aa a
<br /> . Cnanci�g statement snd any carbon.photographic or oflxer reprc�ucdon may be fikd of recci��f�foc pu�oae�.
<br /> oE;Flrtick 9 of thc Uniform Commsrcial Cale. `� �
<br /> ❑ l�rr.The cavennnts and agreements of eac6 0�1�,�riders c6e�ked below ara incorporated into a��'�'
<br /> supplem�nt snd amend We terms of this Security Instrwnent.[Checic all Rpplicable boxes]
<br /> (�Condomi�ix�o�,Rider f�Planued Unit Development Rider ❑�ther..........................................................
<br /> ❑ A�liitie�!Tee�f•
<br /> S[�NAT[7��s•Hy�igning bclow,Grautor agrees to the terms aw1�covenants contained in this;Security Instrument and in
<br /> gq�I AttAC�1�CIiYf.Grantor also acknowle�gcs ra,cipt nf a copy c��ra�:�s Sccurity Instrudnent on the date stated on paga 1.�
<br /> .i����:.��.,.... .. . .. ....................QB/27/96 / ..... ..................�8/27J96
<br /> ......
<br /> , ............ .....................t�.t�.�.1.... ... .. . . ....... �
<br /> (cz.....�.»..) nnu�r n� � ti 7nV (Dato) (Si6n�ture) SUB (3u�,x�x (�)
<br /> . - •-� ' arva ssaar �...r..�.. �
<br /> ACKNOWLEDGMEN'[:p$�RASKA HALL
<br /> STATEOF.............................................................:COL��OP.....................�k�GU3T'.................�.9.�y.�s�s.
<br /> tu,a�vw.+� '��f�� c����$��i 6LU1;°�Qifll�9'(�I�I[L"s.......... .......day c►f...............................................................
<br /> by................................................................................ ............................... ......._.........................................
<br /> My commission expires:
<br /> (Sa�) .... . . .......................
<br /> (NntaryPubtk?
<br /> �fl1ERK IIATNI'I Sli1!�1 Nf1fri��
<br /> � M1��w'fa1'���� -
<br /> �
<br /> o»NOnwrMw�..rrc..aeaoue.�+c++oo.�r.2s��1 wnn Nt-0r�w� (py�1 W I)
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