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<br /> Unless ather�xise ageed'w writing,aU insurance proreeds shali be applied to the restoration or repair of the Property . . _-
<br /> or to the Secured Debt,ahether or not then due,at Lender's option.Any application of proceeds to principal shall not • , . .. ,
<br /> - extend or pw-t�soae the due date of the scheduled payment nor change the amauat of any payment_Any excess wiU be • _ `_ _
<br /> paid to the Grantor. If the Property is acquired by Lender,Grantoi s right to any insurance policies and proceeds �= -- -
<br /> . iesultin g froin damage to die Property before the aoquisition shall pass to Lender to the extent of the Secured Debt _
<br /> immediateiy before the acquisition �`� �=�-�-�. ��
<br /> �r_ �..
<br />� 20. ESCRO�V F'OR TAXF�AND�ISLT�A1vC�.Unless otherwise provided in a separate agreement.Grantor will not V .
<br />- be required to pay to Lender funds for taxes and insurance in escrow• ' , . r
<br /> 2L FINANCIAL REPORTS AND AIDDI3q�I+1A�-IDO��N['�.Grantor�vill provide to Lender upon reqnest,anY `,- , - _ , -_
<br /> � financial statement or information Lender may deem reasonably necessary• Grar�tor agrees to sign,deliter,and file , �
<br /> any addirional dacutuents or certifications Wat Lender may consider necessary to perfecK.continue,and preserve �.`,• �, �
<br /> Grantor's obligations under this Security Instrument and Lender s liea status on the Pro�rty. __. ,..�.. :..:�� �=�'�=-`-
<br /> ZZ. ]OI1VT AND INDIVmUAL LIABII.Ti']l;CO-SIGNERS.SUCCES�ORS AND ASSLGNS ROUPID. All duties `,;.r�,�{V� --:
<br /> �;#;-=•::-
<br />� under this Security Instrument are joint and individual.If GranrJSr signs tttis Security Instrument but does not sign an ;:;;s . .
<br /> • evideace of debt,Grantor does so only to mortgage Grantor s interest in the Propeny to secure paymeat of the ;;�,,__;__,�_ ___
<br /> • Secured Debt and Grantor does not agree to be peisonally iia!�1e on ihe Secured Debt Lf this Security Instrument r.:_,�,;.,.--
<br /> ,.4_ �',�.._:-.�.
<br /> secures a guaranty beriveen Lender and G r a ntor.G r a ntor agrees to wai v e a�y r i g h t s t h a t m a y p r e v e n t i.e n d e r f r o m �s=; .�� � ,...,,r
<br /> ''g; brin g i ng any actian or c�ai�against Grantar or auy party indebte3 under the�bligation.These righLs may include.but .:�::;:�t,t . • ..-:"''::�.�
<br /> are noe I�ieed to,agy aat��efrcceaey or one-a c t ion l a w s.G r a�t.�r a�s e s j t�.e T:,�n d e r a n d a n Y P a�t y t o t h i s S e c u r i ty ` ' �.���a���a f -��j o-��:
<br /> [rstsu�e¢t r1s�.v exte¢�d.�adifv ds m�I�e any chamge in the tet�s�ct+�s Security Insmuaeet or any evidsnce of debt , •.,=�`�`,:�:',:,-°.;•►' •_�{�s,
<br /> � � '�,�.r.y.,,--. .
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<br />..�•:; a;,s�o¢��rnar,:Ts conseSt S¢�a o��arill nmt release C�r�sn�crr�om the ter�r�s of tRt:s S�esrity InstrumenL The ��::�f�:}:�°-•- :�.::j>u ;
<br /> ' '�t '•u'��a'.IIL���:.�O� ��?_',..��3.K.:YL@ ru'"t.SPI�E2':�:�[S�Sa�T'"v�u'.�'.aA'��Te+'1°V'i':We s�:cr.essR�s and assig�of Grantor aad Lender. . ytstj��((t:j�� � : �,.. '
<br /> „ .. � r -�:1'�SE�'R'�'�I�7;.T� S���rity Instncment is governed by ihe laws of �P':°��, • .- :.`•:�
<br /> �. .-�i��.c��z��.��;��:��. ; t t- �.-�, .f.`•;s,�`� <<f.
<br />';,��"t �y�'�'S�CR�S2 IIl t�'r�'Lh�i:�4:;r°r 45 iOCB*°d,except.fl�e exter�t otherv�i;e required by the laws of the yucisdierian `��^ .�.��S..�:�...��1«,,�:::
<br /> �,:,�,�; �:, �'��' , {��>•..;+,�� ,�-
<br />'=`::,. where r�s�u�rty�Zoca��d'6'dr:�5�..�ity Inguument is comr�le�e and fully integrated.This Security Inst¢ument may r�� �'<�,•4•c::'��K,,"`
<br />•�':,,:it not be a��nded dr mod'sfied b or•a1 eement.An section in this Security Tnstrument,attachme�*1s.c,sctta ���'r����'r�.'�(!'.',•:«f'��x�w�-•
<br /> Y � Y �:;.�:•�,� ;,•.s,:,i l,�� tr:
<br />;�j?:t�,� agreemec►t retated to the Secured Debt that conflicts with appiicable law wU not tse effedive,unless t��Y:�ri expressly �i; � .y��,�-;�¢i;`•'����..-.=
<br /> �_.;;F or unpliedly permits the variations by written a�ement If any section of this Sacurity instrcc�:,�?ca�•�o:��e enforced ,'.�. °�' �•<<:-�-;�'�' - '�---
<br /> a;r y,. ;r,.,
<br /> accurding to its tenms,that section will be severed and will not affect the enforcea�i[itc,�.f the remainder of this ;::�
<br />���.. �" Secwity Instrument.Whenever used,the singular shall include the plvral and the plural tt�e singutar.The captions and •;�. �7;:..
<br /> :,:,-.•. ;.. :•: :�:;
<br /> .,,.,-,
<br /> . ,j; headings of the sections of this Security Instrument aze for convenience onty and are not to be used to mteipret or - •- �> >., ..
<br /> ,�,- .
<br /> define the terms of this Security Instruruent.Tune is of the esseace in this Security Instrument. '':'4t.�;'�
<br /> 1A. SUCCES30R TRU3TEE.Lender, at Lender's option,may from time to time remove Trustee and appoint a . .�;�.
<br /> � � successor tnutee without any other formality than the designation in writing.The successor tnutee,without �.'�..��.
<br /> conveyance of the Property,shall sncceed to all the title,power and duties ws�ferred upon Trustee by this Security -.�r� �;� ,
<br /> �� Instrument and applicable law. • �� '
<br /> �� ?S. NOTiCE.Untess otherwise required by law,any aotice shall be given by delivering it nr by maitins it by first class , i�;"...,�';___`
<br />` . mail to the appropriate party's address on page 1 of this Security InsYrument,or to any ather address designated in .��.
<br /> . � writing.Notice ta one grantor witl be decmed to bc notice tn ali gantars. . �';�;_
<br /> ' 2 6. W A N EItS.Exce pt to the extent prahibited by law,Grantor waives al1 appraisement and homestead exemption rights �;:
<br /> relating to the Properiy.
<br /> r-•
<br /> � yZ pR'HEIt TERMS.If checked,the following are appGaable to this Security Instruruen� -�'`���-Yi
<br /> [$7�.ine of Gedit.The Secured Debt includes a revolving Gae of credit provision.Although the Secured Debt -•�
<br /> may be reduced to a zero balance,this Security Iastrument will remaln�n effect until released. ��. �_:.-_,,,-..,�:
<br /> , .�,..,:.��•:
<br /> � ❑ Constractlon Loan.This Security Instrument s:wres an obligation incurred for the construction of an :^�.�; "�,,,�
<br />"... improvement on the Property. ''Q:,�':::-::_:.=w
<br /> •,.,.
<br /> ❑ Fiatmre(�IIing.Grantor grants to Lender a security interest in all goods that Grantor owns now or in the -=�►�.�;�--,
<br /> ��_. y
<br /> � futtue and that are or will become fuctures related to the Property.This Security Instrument suffices as a � ,, . --,��__
<br /> � 6nancing statement and any carbon,photographic or other reproduction may be fited of record for purQases „:,;;�,�,�„�,..:
<br /> of Article 9 of the Uniform Commercial Code. '��`�'`
<br /> �" ❑ Rtdere.The covenants and agreements of eac6 of the riders checked below ase incorporated into and �A
<br />� ,.�;;� supplement and amend the terms of this Security Ins^t�ument.[Check all applicab3�boxes] {y,g
<br />- ❑ ......................................................... _/'''`X'�{'f'i.
<br /> Condominium Ytider ❑Planned U�nt Development Rider ❑Other. � '�"�-
<br /> �' ❑ Addition�l Terms. ----F�.a
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<br /> SIGNATURLS:By signing Uelow.Grantor agrees to the terms and rnveaants contained in this Security Instrument and in , ;,��,-,.��-.
<br /> ' any attachments.Grantor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. � .���v.� ' �.
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<br /> .�......��............... . .............................�1/08/97 �;���-
<br /> 01/08/97 _�.L �`
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<br /> �e4/�'�. Date �
<br /> . (signanuc) DL�'NNIS GALEN KEAS t��tc) ( �aturc) jS J KEAS _. '
<br /> � . ::�.. _
<br /> �;'� ACKNOWLEDGMENT: ' •
<br /> . :•. HALL �
<br /> STA'I'E OF........NEBRASKA...............................COUI�OF........................�'ANV aRY...............t99��' -�'.�,.,..
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<br /> �=.d1 NOi�I.RY$tw!67 S{!"J3Sk.� (Notary Pt:�:d ,:'!%
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<br /> _ �1994 Catffnt7 S�rs."Cm9.tnt..Sl Cloud.MN(1-BOP37/'Y3S1)Fortn FE-OT•NE 68194 (page 4 0l4) � � � �y 11�',-
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