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<br />D. Trustor shall immediately notify Bene�ciary in writing as soon as Trustor has reason to believe there is any pending
<br />or threatened investigation, claim, or proceedmg relating to the release or threatened release of any Hazardous
<br />Substance or the violation of any Environmental Law.
<br />12. ESCROW FOR TAXES AND INSURA,NCE. Unless otherwise provided in a sepazate agreement, Trustor will not be
<br />required to pay to Bene�ciary funds for taxes and insurance in escrow.
<br />13. JOINT AND INDIVIDUAL LIABILITY� CO-SIGNERS; SUCCESSOR5 AND ASSIGNS BOUND. All duties under
<br />this Security Instrument are joint and individual. If Trustor signs this 5ecurity Instrument but does not sign an evidence of
<br />debt, Trustor does so only to mortgage Trustor's interest in the Property 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, Tr�stor agrees to waive any rights that may prevent Beneficiary from bringing any action or claim
<br />against Trustor or any �arty indebted under the obligation. 'These rights may include, but are not limited to, any
<br />anti-deficiency or one-action laws. The duties and bene�ts of this Security Instrument shall bind and bene�t the successors
<br />and assigns of Trustor and Bene�ciary.
<br />14. SEVERABILITY; INTER�'RETATION. This Security Instrument is complete and fully integrated. This Security
<br />Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachtnents, or
<br />any agreement related to the Secured Debt that conflicts wifih applicable �aw will not be effective, unless that law expressly
<br />or impliedly permits the variations by written agreement If any section of this Security Instrument cannot be enforced
<br />according to its terms, that section will be severed and will not affect the enforceability of the remain,der of this Security
<br />Instrument. Whenever used, the singular sha11 include the plural and the plural the singulaz. The captions and headings of
<br />the sections of this Security Jnstrument are for convenience only and are not to be used to interpret or de�ne the tecros of
<br />this Security Instrument. Time is of the essence in this Security Instrument.
<br />15. SUCCES50R TRUSTEE. Bene�ciary, at Bene�ciary's option, may,from time to time remove Trustee and appoint a
<br />successor trustee without any other formality than the designation m writmg. The successor trustee, without conveyance of
<br />the Property, sha11 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 notice shall be given by delivering it or by mailing it by �rst class mail
<br />to the appropriate part�'s address on page 1 of this Security Instrument, or to any other address designated in writing.
<br />Notice to one trustor will be deemed to be notice to all trustors.
<br />17. WAIWERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption 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 is governed by the laws as agreed to in the Secured Debt, except to the
<br />extent required by the laws of the junsdiction where the Property is located, and applicable federal laws and regulations.
<br />20. RIDERS. The covenants and agreements of each of the riders checked below are incorporated into and supplement and
<br />amend the terms of this Security Instrument.
<br />[Check aII appIicable boxes]
<br />❑ Assignment of Leases and Rents ❑ Other .............................................................
<br />................................
<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 tertns and covenants contained in this Security Instrument and in any
<br />attachments. Trustor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1.
<br />.. ., . ...............�..—�`'...... �..�.-��.,..././..��.' ` - ..a.._.� �-:�-...........:s""�".�/
<br />(Signatu . . . . (Date) (Sign e . . ..
<br />(Date)
<br />gela M Butler ian J Butler
<br />ACKNOWLEDGMENT:
<br />STATE OF ..... Nebraska,,,,,,,,, ,,, , COUNTY OF Hall }
<br />. ... ........... ...... ...................................... ss.
<br />c,na;�;u��,� �is instrument was acknowledged before me this ......5th,,,,,,,,, day of ...May,,,,,,,,,,,,,2,011
<br />by....Angela„Butler, &„Brian, Butler ................................................................................ .
<br />My commission expires:
<br />.. . �.�� ............................
<br />(Notary Public}
<br />��AI.NOTARY-5tateoiNebras� Marla K arris
<br />pqp,RLA K. HARRIS
<br />� ��,�,,►�iy8, 2013
<br />�t7- M �O 1994 Bankers Systems, Inc., St. Cloutl, MN Form OCP-REDT-NE 1(31/2003 (pBgB 4 Of 4J
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