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" � .. �0110��79
<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 Hazardous
<br />Substance or the violation of a.ny Environmental Law,
<br />12. ESCROW FOR TAXES AND INSURANCE. Unless .otherwise provided in a separate agreement, Trustor will not be
<br />required to pay to Beneficiary funds for taxes and insurance`in escrow.
<br />13. JOINT AND INDIVIDUAL LIABILITY� CO-5IGNERS;`:SUCCESSORS AND A5SIGNS BOUND. All duties under
<br />this Security Instrument are joint and individual. If Trustor:si�ns this Security Instrument but does not sign an evidence of
<br />debt, Trustor does so only to mortgage Trustor's interesC' ira 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, Trustor agrees to waive any rights that may prevent Bene�iciary from bringing any action or claim
<br />against Trustor or any party indebted under the obligation. . Thes� rights may include, but are not limited to, any
<br />anti-deficiency or one-action laws. The duties and benefits of this Security Instrument sha11 bind and benefit the successors
<br />and assigns of Trustor and Beneficiary.
<br />14. SEVERABILITY; INTERPRETATION. 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 Instivment, attachments, or
<br />any agreement related to the Secured Debt that conflict� w�th., applicable law will not be effective, unless that law expressly
<br />or impliedly permits the variations by written agreement ,I�:.apy section of this Security Instrument cannot be enforced
<br />according to rts terms, that section will be severed and wilY "uot affect the enforceability of the remainder of this Security
<br />Instrument. Whenever used, the singular sha11 include the plural and the plural the singular. The captions and headings of
<br />the sections of this Securitx Instrument are for convenience only and aze not to be used to mterpret or define the terms of
<br />this Security Instrument. Tune 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 formality than the designation m wrtring. The successor trustee, without conveyance of
<br />the Properly, 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 notice shall be given by delivering it or by mailing it by first class mail
<br />to the appropriate partx's address on page 1 of this 5ecurity Instrument, or to any other address designated in writing.
<br />Notice to one trustor will be deemed to be notice to all trustprs.
<br />1�. WAIVERS. Except to the extent prohibited by law, Ti-iistor waives all appraisement and homestead exemption rights
<br />relating to the Property.
<br />18. LINE OF CREDIT. The Secured Debt includes a revoiving 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 govemed 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 federallaws 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 a11 applicable boxes]
<br />❑ Assignment of Leases and Rents ❑ Other �ut, .....` .........................................................................
<br />Zl. ❑ CONSTRUCTION LOAN. This Security Inst ...�� _is a eonstruction security interest which secures an obligation
<br />incuned for the construction of an improvement on t3ie''Prvp;erty.
<br />22. ❑ ADDITIONAL TERMS.
<br />SIGNATURES: By signing belaw, Trustor agrees to the terms 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 />� . .� . ... ........ .. ....... ... ... .. ...... �. (... !. /. . . .... O�G, ; ........ ................... �. / :// ....
<br />6;�r=�. . . ..
<br />(Signature) (Date) (�ignatur ... (Date)
<br />Brian J Butler �'a An a M Butler
<br />' {;' 7 '
<br />ACKNOWLEDGMENT: „ . �,=
<br />,. „
<br />STATE OF ..... Nebraska ............................ OUNTY OF ...... . 11.......... .. .................... ss.
<br />.. .
<br />�`" This instrument was acknowledged before me this .....�st ,,,,,, a ,7�ugust „,„O1 ,,,,
<br />.. .
<br />b ,,,,Brian„and„Angela, Butler,,,Husba d,an „Wi ,,,,, „ , ,,, ,
<br />..... ... . . .... ... .
<br />My commission expires: ,, f
<br />6q�AAL NOTARY Si�e t� Nel�
<br />ASHLEY t3tAP1D7
<br />����
<br />. } � �
<br />� OO 1994 Bankers Syatems, Inc., St. Cioud, MN Form OCP-RED7=N�� 1�/3'1/2�003
<br />� �
<br />....t.�...... �. .. ,,:.,,,,,�....,.,�.,�.�.......,,�....",..........
<br />(page 4 of 4)
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