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<br /> �-- .- - � Unless othenYise agreed in wriring,all insurance proceeds shaU be agplied to the r�toration or repair of ti�Prvperty :_--r-�� �_`- .
<br /> ` � `' � or to the Seaued Debt,whether or not then due,at L.ender s option Any appt�cation oi procee�to prinapal shalt not �- -
<br /> � ` extead or pasipone the due date of the scheduled payment nar change the amo�t of any paymcnt.Any excess wi11 be '�. •
<br /> :�,. - paid to the Grantor.If the Property is acquired by Lender,Grantor s right to any insurdhce policies and proceeds ; ` , y
<br /> �� . . . resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt ',�4�.. , •F�.
<br /> . . _ .. immediatety before th�acquisition. `���, � .: •:; .
<br /> :��, '` 2p ESCROef►FOR TAICFS AND IIVSUL@ANC�.Untess otherwise provided in a separate agreemen�Granwr will not �.`t .. ��
<br /> � be required to pay to Lender funds for taxes and insurance in escrow- :`-;��,
<br /> ,- - Zl� F7Np1�iCL�L REppRT�AND ADDYI'[OP1AL DOCiJMENI'S.Grantor will provide to Lender upon requesY.any : ; .
<br /> `�•.-���;-Y,=^= ftnancial statement or information Lender may deem reasonabty necessary.Grantor agrees to sign,deliver,and 51e ___ � ._ .
<br /> any additional doattnents ar certifications that Lender may consider necrssary to perfect,continue,an d preserve z--�`"T'--'
<br /> � ' `' Grantor's obligations under this Security Instrument and Lender's lien status on the Property. ;
<br /> . ZZ dOINT AND INDIV�1lAL idABILITY;CO-3IGNERS,SUCCESS�RS AND ASSIGPiS BOUND.A!1 duties `,, -•"�
<br />- . ,;,L. . • under ihis Security Instrument are jaint and individnal.If Grantor sgis this Security Instrument but daes not sign an :4 s
<br /> evidence of debi.Grantor does so only to mortgage Grantor's interest in the Properiy to secwe payment of the , :�: '
<br /> • Secured Debt and Grantor does not agree to be peisonalty Gable on the Secured Debt If this Security Instrument �:,.'.,,�,�.. .
<br /> ee ,
<br /> � ' sec�res a guaranty between I.,ender and Grantor,Grantor agrees to waive any righu that may preveat Lender from . •,,y
<br /> . �. ,:` bringing any adion or claim against Grdntor or any party indebted under the obhgatian.These rights may include,but : •� ��
<br /> ;.:� :��:� i_
<br /> are not limited to.any anti-de8cicncy or one-action laws.GRanior agrees that Leuder and anY Parcy to this Security '�':% , - - -
<br /> �`�• ��'�t Insbwneut may extend.modif}r or make any change in the terms o f t h i s Security I n s t r u men t or a ny e v i d e n c e o f d e b t � °�:�=_��
<br /> � - without Grantor's oonsent Such a change will not release Granwr from the terms of this Security Instrumen�'Ihe �. ;.v.�.-_
<br /> • � duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Grantor and Lender. ` �;,'_�._
<br /> • ,:�. �� .:.,. ., ..;:.-
<br /> ,,, � APPLICABLE LAW;3EdERABti.TfY;II�Yi'ERPRETATION.This Security Instrument is govemed by the laws of
<br /> , ihe jurisdiction in wluch Lender is located,except to the extent otherarise required by the laws of the jnrisdiction �� ��
<br /> ,. , ..,,� ..��__
<br /> ' .}::':; /� where the Pmperty is lacated.T6is Security Instrument is complete and fully integrated.Tiiis Security Instrument may ��, ��,.,�°
<br /> - � �� ��- not be amended or modified by oral agreenlent Any section in this Secarity Instrument.attac6ments,or any • f.�•-�-�`•=;`�`•�.''
<br />- agreement related to the Secured Debt Wat conflicts wiW applicable law w i ll not be e f fective,unless that law e x ptess l y `���u':-
<br /> �: .-
<br /> � . or impliediy permits the variations by wcitten agreement.If any section of this Security Instnunent cannot be enforced ' '�.r.�:.,�
<br /> :: �r-. :;,.,,,..._
<br /> accordin g to its temts,that section will be severed and will not affect the enforceability of tiie remainder of this , �.�.
<br /> „ � • , Secnrity Instrument.VYhenever nsed,the singular shall include the plaral and the pl u r a l t he singu lar.7 Le cap t ions an d '.'a_��
<br /> ` � .. 6eading,s of the sections of this Sec�uity Instniment are for convenience o and are not to be nsed to interpret o� �,-`�� -�
<br /> thi �Y :t'��
<br /> ' define the terws of this Security Instrument Time is of the essence in this Security Instrument �
<br /> 2� SUCCESSOR TItUSTEE.Lender, at Lender's option,may from time to time remove Trustee and appoint a : ,�;�;y�,
<br /> � successor trustee without any other formality than the designation in writing.The successor wstec.without '. • .:���r���
<br /> ' conveyance of t6e Property,shall succeed to all the title,power and duties confened upon Tnfstee by this Security :•. ':Y'�',�_°
<br /> , ' . - Instrumeat and applicable law. ' , �"-
<br /> Z5. NOT[CE.Unless othsrwise required by law.any notice shall be given by delivering it or by ma�7ing it by first class �� `` � . ����:°`:.�=
<br /> mail to the appropriate party's address on page 1 ot this Seciuity Instrument,or to any other address designated in :�•.:•.�
<br /> .��,
<br /> • ' writing.Notice to one grantor will be deemed to be notice to al!grantois. `' '�' -�•�� •-*�+:=;
<br /> � " ` �:=
<br /> �- �•- ;- 26. WAIVERS.Exce pt to the extent pmtubited by law.Grautor waives sU appraisement and homestead exemprion rights �__��._
<br /> • relating to the Property. ' • :��;£'`-`�:
<br /> ' 27. p'I'�IER TERNLS.If checked,the foltowing are applicable to this Security Instrument: •- ` ``�'-=-
<br /> � � Une oi Credi�The Secured Debt includes a revolvirt�g line of credit provision.Although the Secured Debt 'r�-'
<br /> � � may be reduced to a zero balance,this Security Instrument will remain in effect until released • ' �����j
<br /> � . � � ' ❑ Coastradion Loan.This Security Instrument secures an obligarian incurred for the construction of an �-: ;� ;r�;�.'.,
<br /> r ' , , ' improvement on the Propercy. �'F`'-
<br /> . .?t�r�,. :
<br /> �� . ❑ �ixture Filtnp�Grantor grants to Lender a security interest in all goods that Grantor owns now or in the . . . ��_:
<br /> • futuce and that are or will become fixtures related to the Property.This Security Instrument suffices as a .. -- -
<br /> '��t:�.'•,.� ' financing statement and any carbon,photographic or other reproduction may be filed of record for purposes ��;.�.•,-�.--:=
<br /> of Article 9 of the Uniform Commercial Code. - ` �'` , .
<br /> ., � ❑ l�dders.The covenants and agreements of each of the riders checked below are inwrporated into aced , '..� _,,
<br /> . supplement and amend the terms of this Security Instrument.[Check aU applipble boxes] � ; °
<br /> • , .:,.
<br /> . : • ❑Condominium Rider �Planned Unit Development Rider ❑Other.......................................................... ' �•. ' • �
<br /> `�� ❑ Addidonal Terms. . .
<br /> ' �:
<br />,.�. . . • .
<br /> ', • . SIGNATUEtES:By signing below.Grantor agrees to the terms and covenants contained in this Security lnstrnment and in � .
<br /> ' � � any attachments.Grantor also acknowledges receipt of a capy of this Security lnstrument on the date stated on page 1.
<br /> �, • _ :
<br /> , .O1/15/98 ,y�.. ..�/��..............01/15/98 �.
<br /> .... .. ..... . ..,... ..... . ..... .,.�� ... .
<br /> ' , (signawrc) ERI'r.' A BENSON (va«) ts� eurel JB�ANETTE L BENSOI�T (�ie')
<br /> � . ACKNOWLEDGMEN7: HALL
<br /> ' . . STATE OF....NEBRA3ICA..................................COUN'I'Y OF........... �ss. : ..' . . .
<br /> •�- - ItnAmduaq This instrument was acknowled ed before me this 15TH,._...,day of........�'���`�'#�........._...�.�.��......... . . .-
<br /> �_ � by yflIC,A,BEAS��.A9D,JdA9B37E.L.�2A5�91 9dS�A9D.A't0�lI°Z:.................................... ...._......................................... �
<br /> . � My commissioa expires: •�� .• . ' �..�..... �.. . :
<br /> (Seal) � ........ .............. `.:�:�. ����'i�'.?�-�'�:.—.........................................
<br /> � � GENEHAI HOtARY•State o1 NeEraswa ��INotary Public) ..
<br /> ��' QAYtO F.OOHMEN
<br /> • ' � My Comm Erp.Aug 4,2000
<br /> "__. �
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