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��� <br /> ...��...� -- ........�.. ..__ _-— -- _:_= — <br /> ���` _P -- ,; _ _ . ��... �_. ____�----�-...-_.;�.: _ -�.. :. __ _ - - <br /> ._._,.:.:a� -- � „ - - --_ <br /> --�- n2Yet�'r��.�.�- -'':' ..«�.�.�.c.._C:. ::�;i.'-�`--a�^r:u.��..r:.:,..�,.....� - - -- --�- <br /> g�- ��� _ <br /> Ualess aiherwise AF,reed in writing.all insurwnce procecd9 ctuiIl bc applied ta the nstaratian ar r��wir of tM_Pro�:rty <br /> or to thc Securcd[k:hi,wtuthcr or not ttu n d�::,atl.:r.dcr'9�tioo.Any a�liratia�of procccds to princi�xl si�all nW <br /> extrnci ur�i�x�tie tt�due da��of tt►e s:.hcdw.:d p���:r.r.:sas ch�sge t�e:s:iaunt�si any psyme;nt.Any exc�s wi!!be <br /> paicl to tde Gr�ntoe. It the I�rc�perty u ac�quircd by L:e�,'�,'r, Grantor's riaht to�ny insuranee polieies and praeeecis <br /> �esulting trnm d�r►p�c to the H'openy bafore tlsc�t.'.�i�.ioo shall pass to�.enJcr to the exicnt uf thr Sccur�d i}�bt - <br /> immccii�tc{y be[orc the acquisition. <br /> 2Q �SCROW FOYt TAXES AND tNSURANC�.U«4:ss c�ttt:�wice pravi�ted in A sepu�te�rce.meat�Grantor wili aot <br /> be cbquir�:d to pay to L.ender funds for taaces and imwaeu�ce ia escrow. <br /> 21. F7IVANQAL REPOitTS AND ADD1710NAL DUC11111�M'S.Grantar will provide to i.ender upnn cequcst.any <br /> Gnancial statemcnt or infornwtion l.ender may deeaa rc�usonsbly nemssary.(ir�ntor agrecs to sign,deG�•er.and ti1� <br /> any additio�wl documeau or certi6cations thst I.tnc�ex cpaY consider necessary ta perfact,contiuue.aaci preservc <br /> Grantor's�bligations under this Security Instrucaent�+c!I:w�icr's lien status on the Property. <br /> 22. JQINT AND INDIVIDUAI.LIABILI'TY;C(1-SiGN�aS; SUCCESSOR9 AND ASSIGNS BOUND.All duties <br /> under this Security Instniment are joint and individual.[�Grantor signs thls Security Instrument but dces nat sign an <br /> evidenco of debt,Grantor dces so only to mortgagc Cr�ntor's interest in tho Fropeny to securc payment of thc <br /> Sccw�ea I3ebi and Grantor dces not agFee ta be persocuully tiable oa the Seaued Debt.If thi�Security Instrument <br /> secures a guaranty betwcen Lender and Grantar,GruzWr Agrees to waive any righls that may preveni Leader from <br /> bringing any actioa or daim agaiast GranWr or�aY 4�1'indebted w�der thd obligation.These rights may ir�clucie,but <br /> are not l;mited to,Any anti-deficieacy or one-actioa.�aws.Grantor agrees that Lender and any p�rty to this Security <br /> Instruraent may extend,modity or maYe aay charr,�e irn the terms of this Security Instnunent er any evidence of debt <br /> w�thout Gran:or's couseni. Such a ch3nge will not release Grantor from tha terais of this Security Instrument.The <br /> duties ar�d benefits of tbis Security Icutruazent shau bind and bene�it the suoceswTS aad assigns of Graator and Lendu. <br /> 2�► APFLICe�BLE LAW;SEVERABIIdi'Y;W'IEAAAETA'PIa1V.'Ihi.s Security Incinuneat is govemed by the laws of <br /> tde jurisdictioR in which L�nder is Wcated,except,,to the exte��t otherwise required by the laws of tlu jurisdiction <br /> where the Property is located.'Iliis Security i�strwrsent is complete and fullv inte�ted.7'his Security Instrument may <br /> not be amended or modified by orAt agrcec�en'.. Any section in this Security Instrwnent,attachments. or�ny <br /> agreement related to the Securrd Debt t�at coai3icts with applicable law will not be effective,unless that law e�tpres.+ly <br />��� �'���Y Permiu the variatioas by w�itx:a agreement.If any sedion of this Security Tnstnuvent catuwt be taforad <br /> , _rooa�t�iW;�to its tcmis,that sectiv� wiiE�be severed aad wiq not affect the enforceabitity of the remainder of this <br /> Security�►strucaent VYhenever used.tbe siagular shall include the plurt�l aad the plural the singular.'Ibe ciptioas and <br /> headia�Q,s of the sect%ans of this Security Instnunent ue for oonvenieaae only and are not to be t�sed w inWprtt or <br /> deCine the tersns of t6is Security Iastrum�nt.1"une is of the essenoe iw th�c Security Instrumeni. <br /> ?A. SUCCE5Sl�it TRLISTEE.Lender,at Lender's option,m�} from time to time remo�e'Frustee aad appn'vn4 a <br /> . succesuar trustee v��ithout any ot6er formality than the designation in writiag.Tibe sc�...•,ssor trustee,wiik��c <br /> oonveyanoe of the Pro�erty,shall suoceed to all the title.power aad duties conferred upon Trnstee Ery tLis Securiry <br /> Iastn�ment and appiicable law. <br /> 25. Nq'iICE Un3ess otberw�ise roqt�ired by law,any notioe shall be giveo by deliveriag it or by mailiag ii by fiist c.last <br /> . . _ <br /> -- -- ----aisi![01Fe spproQriate ps►rty's addre.cs an page 1 of this Security Iss..+���„pnt,or to aay otbes addtess�est�i�ia <br /> wtiting.Notioe to ooe grantor will be deemed to be�otioe W aU gnawrs. <br /> 2b WAIVEA.S.Exapt to tLe extent prohibited by law,Grantor waives all appraisemeat aad;wuxsiead e�emptiao rights <br /> relating to the Propeity. <br /> M. O'II�it 1EitMS.Ff cbeciced.the folbwing aze applicable to this Seauit�d�nstrumen� <br /> 7(f] Lfie o[Cree�The Secured Ikbt includes a revolving line of credit provisic►a.Aithough the Secured Debt <br /> aoa�3�e redw�d to a uro balasue,this Security Insd�aneat wiis remain in effeet uatil relea�ed. <br /> �7 �'wdte�etloa I.ow 7Lis Seccuity InsWiment secures aa obliYation incurrerl f�r th�coasuuction of an <br /> 1 improvement an the Property. � <br /> ❑ Ffst�re�Grantor grants to I.enc��security interest in aU goods that Graator av►�as now or in the <br /> fut�ue and that are or will become fnctures related to the Property.71�is Security Instivment suffices as a <br /> 6nandng statement s�snd aay carbon,pi�kigraphic or othu reproductlou may be 51ed of record for purpcues <br /> of Artick 9 of the Uniform C,ommercaaT Code. <br /> ❑ 1Wen.Thc c�ovenants aad agreeme�s3�of each of the riders c�cked Iselow are inco�ryv�a�ated iuio and <br /> suppkment aad ameod the ternu of ttus Security Instr�++�nt.[Cd�1c al1 applipbk boxesj <br /> ❑Condominium Rider ❑Pfanned Unit Development Rider ❑Other......»..»»..................._........_........._. <br /> � Ai�itiord Tesw. . <br /> SIGNATUItFS:BY g8�8��'•Graator agaes to the terms aad coveaaats oontained in this Security Iastn�ment and ia <br /> aag 2t!!Ma+!�nta.Grantc�r Al�acknowiedgea receipt af a cony of this$ecurity�nstrument on the date stated on page 1. <br /> f. ......... ... ... ...........23/96 ..�..tAr.4:!i,...�:..1�r��.�':1F�...i 0/Z3/96 <br /> .... . .. . .. ......... . . »...... . <br /> � � MICHAEL A FLBTCHER �Di�� «"rc� RUTg A FI,ETCHSR ��1 <br /> , <br /> ��w�'���9EBRASRA HALL <br /> STAT'E OF.............»..............................................,�. ��OF................•'Q�UBER.............4996...�ss. <br /> c�w ��GI�[ A1u�9T��7ELiCIIr,°�5��77Q'�iA:.............day of....w. ...............»........».......�.......... <br /> b ......................... ......»............».................................. ....». . .»....... .......»......»_........ <br /> . ... ........... .......... ...... ... .. ....... <br /> My oommissioa espires: <br /> (5.,1) ...» ....... ....... � .. .............».................. <br /> �CEMFAAt Ii01AA1'•StMe M M�Or� r <br /> fDWAR01.1AROSIK�' <br /> o uw�wrss�.,ae.w.aw iw paoa�s.ax,�Fa�w�.or.�ww Ay foww f�p.Od t a.199! fP�IG+s a I) <br />