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201107023
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Last modified
9/22/2011 3:51:31 PM
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9/22/2011 3:51:31 PM
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DEEDS
Inst Number
201107023
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�o��o�o�� <br />Unless otherwise ageed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to <br />the Secured Debt, whether or not then due, at Beneficiazy's option. Any application of proceeds to principal shall not <br />extend or postpone the due date of the scheduled paqment nor change the amount of any payment. Any excess will be paid <br />to the Grantor. If ths Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting <br />from damage to the Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately <br />before the acquisition. <br />20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a sepazate agceement, Trustor will not be <br />required to pay to Beneficiaty funds for taxes and insurance in escrow. <br />21. FINANC7AL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiazy uFon request, any <br />financial statement or information Beneficiary may deem reasonably necessary. Trustor agrees to sigt, dehver, and file any <br />additional documents or certifications that Beneficiary ma�y consider necessary to perfect, continue, and preserve Grantor's <br />obligations under this Security Instrument and Beneficiary s lien status on the Progerty. <br />22• JOINT AND INDIVIDUAL LIABILITY? CO-5IGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under <br />this Security Instrument aze joint and individual. If TrusYor signs this Security 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 Trustor <br />does not agree to be personally liable on the Secured Debt. If ttris Securitq Instrument secures a guaranty between <br />Beneficiazy and Trustor, Trustor agr ees to waive any rights that may prevent Beneficiazy from bringing any action or claim <br />against Trustor or any ��cy indebted under the obIigation. These rights may include, but are not limited to, anq <br />anti-de�iciency or one-action laws. Trustor agrees that Beneficiazy and any party to this Security Instrument may extend, <br />modify or make any change in the terms of this Security Instrument or any evidence of debt without Trustor's consent. <br />Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security <br />Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary. <br />23. APPLICABLE LAW; SEVERABILITY• INTERPRETATION. This Security Instrument is governed by the laws of the <br />� urisdiction in wluch Beneficiary is locate�, except to the extent otherwise required by �the laws of the jurisdiction where the <br />roperty is located. This Security Instrument is complete and fullq integrated. This Security Instrument may not be <br />amended or mod'if"ied by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to <br />the Secured Debt that conflicts witb applicable law will not be effective, unless that law expressly or imphedly permits the <br />variations by written agreement. If anq section of this Security Instrument cannot be enforced according to its terms, that <br />section will be severed and will not affecY the enforceability of the remaindez of this Security Instrument. Whenever used, <br />the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security <br />Instrument are for convenience only and are not to be used to interpret or de�ine the terms of this Security Instrument. Time <br />is of the essence in this Security Instrument. <br />24. SUCCESSOR TRUSTEE. Betteficiazy, at Beneficiary's option, may firom time to time remove Trustee and appoint a <br />succes�r trustee without any other formality than the designation xn wnhng. The successor trustee, without conveyance of <br />the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and <br />applicable law. <br />25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to <br />the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice <br />to one trustor will be deemed to be notice to all trustors. <br />26. WAIVERS. Except to the extent prohibited by law, Trustor waives all appraisement and homestead exemption rights <br />relating to the Property. <br />27. OTHER TERMS, If checked, the following are applicable to this Security Instrument: <br />� Line oF Credi� The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be <br />reduced to a zero balance, this Security Instrument will remain in effect until released. <br />0 Construction Loan. This Security Instrnment secures an obligation incurred for the construction of an <br />improvement on the Property. <br />� Fixture I�iling. Trustor gants to Beneficiary a security interest in all goods that Grantor owns now or in the future <br />and that are or will become �tures related to the Property. This Security Instrument suffices as a financing <br />statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of <br />the Uniform Commercial Code. <br />0 Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement <br />and amend the terms of tlus Security Instrument. [Check all applicable boxes] <br />� Condominium Rider 0 Planned Unit Development Rider 0 Other <br />-------------------------------- <br />Additional Terms. <br />5IGNATURE5: By signing below, Trustor agrees to the terms and covenants confained in this Security Instrument and in any <br />attachments. Trustor also acknowledges receipt of a copy of this Security Inst ent on the date stated on page 1. <br />-- ��� --`i ------------�'�'' � �----- ---------- -- -- e'� --� ------- "(.e-(-�----- <br />(Signature) ROBERT M AHI (Date) Si nature SH 1'� AKI � Date <br />� � ) � ) <br />ACKNOWLEDGMENT: �/'� <br />STATE OF } <br />----- - ��% � CO OF ---- -- ------- ----------------- ss. <br />�'°`�"�`� This instrument was a owledged before me this � da o ( <br />b y --- O�J � W1 � , --�'__------ y ---- � - --�-----��------ <br />-----------�---�-''----------�--�---�--- -------------------- • <br />My commission expires: � � � <br />�ENERAL NOTARY-State of Nebraska - - - _ - _ _ _ _ +.� _ _ _ <br />- - - ---------------- <br />AMANDA NU$S (Notary Public) <br />- �y Comm. Exp. Sept. 26, 2411 <br />Q 1984 Wolters Kluwer Financiel Servfces - Benkera SyatemsT� Form RE-DT-NE 12/15/2008 (pBtJB 4 Of 4) <br />VMPB•C166(NE) (o�oe� <br />747/am/MB 476433 <br />
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