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<br /> Unless otherwisc agreed in writing.a1I insurance praceeds sha!!tr.:applied to the rrslvratian or repair ai the Ymperty = --___--��--s�.__T-
<br /> or to the Secured Debt,whether or not then due,at Lender's option.Any application of procecds to principal shall nnt �
<br /> extend or postpone the due date of the scheduted payment nor change th�amount of any payment.Any excess wiQ be � '�`��
<br /> paid to the Grantor. If the Property is acquired by L.ender,t,rantor's right to any insurance policies and proceeds z. , . :_� . °y
<br />,.•:o . resulting trom damage to the Property hefore the aoquisition shall pass to Lender to the extent of the Seceved Debt �;,.�;�_���
<br /> immediately before the acquisiuon. '. ' �
<br /> . 1A. TSCROW FOR TAXES APiD INSUEtElNGE.iJnless athenvise provided yn a separate agreemen�Grantor will nat , , � -
<br /> be required to pay to Lender funds far taxes and inswance in escrow. ' � � __ �--
<br /> -. 2L FdNAN�L L4E&'Off!'S AND t#D6iT10RtAL DOCiJRrIGId'II'�.Grantor will provide to Lender upon request,anY _ _ '_ _ - ��- ;'
<br />. finanaal statement or infarmation Lender may deem reasonably necessary.Grantor agrees to sign,deGver,and file - ---.-
<br /> �� anv additional documeats�r certifications that Lender may consider necessary to perfecK,continue,and preserve • �••� � "'�
<br />„ _ Grantor s obligations under tivs Security Instrument and Lender's Gen status on We Property_ � .�=��'�''
<br /> 2L dOINT AND INDIVmUAL LIABILD'1'Y;CO-SIGAiE1dS;SUCCESSORS AND ASSIGN�BOUND.All duties _ �"�*_��'"'_'"`"��.',
<br /> . �,.� under this Security Instrument are joint and individual.If Grantor signs this Security Instnimeat but does not sign an ���� � `"�'''�; '
<br /> evideace of debt,Gran[or does so only to mortgage Grantor s interest in the Property to secwe payment of the '� �•'►t'=I � ```..
<br /> Secured Debt and Grar.tor does noi agree to be petsonEilty liable on the Secured Debi� If this Security Instnunent �:.,:�__;_W w
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<br />, ...�, secures a guaranty between L,ender and Grantor,Grantor agrees to waive any rights that may prevent Lender from '° •:.. < �'"'``" "_.;
<br /> , . _ ..n;�,;e+�'4�
<br /> < bringing any action or claim against Grantor or any party indebte�under the obligatian.These rights may include.but -�;.:�;:---
<br /> ue not limited to,any anti-deficiency or one-action laws.Grantor agrees chat Lender and any parly to this Security =��,�,g;,-.;'"'�'�"
<br /> Instrument may extend,modify or make any change in the terms of this Security Insuwnent or any evidence of debi �_.Y. �`
<br /> without Grantor's consent Sucb a change w�71 not retease Grantor from the terms of this Security Instrument The �: � • � �•' ���!
<br /> �����` duties and benefits of this Securit}r Instniment shall bind and benefit the surcessots and assigus of Grantor and Lender. - - _ �`'?�`� - -
<br /> �i. APPLICABLE Y.AW;SEVERAB�..TI'Y,II�P1'ERPRETAT[ON.This Security Instrument is govemed by the taws of • •�=��-
<br /> the jurisdi�on in which Lender is located,except to the extent oiherwise required by the laws af the jurisdiction - "`�':�:
<br /> - - where t�p fA-�perty is located.This Security Instrument is wmptete and fully integrated.This Seeurity Instrument may �---�- �_ '
<br /> not be ���ded or modified by oral agreement.Any section in this Security Instrument, attachments,or any �`� , T �, T-•La11�!Y-'
<br /> agreement related to�L:_Secvred Debt that canflicts with applicable law will not bc effective,unless that law expressly _ --
<br /> ' or impliedly pennits t:=s variations by written agreemen�If any section of this Security Instrument cannoi be enforced - -
<br /> ...�:... '' ��, .��_
<br />. , accord'mg to its terms,that secrion will be severed and will not affect the enforceability of the remainder of this �:� � .
<br /> Security Instrument Whenever used.the singular shall include the plural and the plural the singular.The captions and � .-'-'s :�-�
<br /> headings of the sectians of this Security Instniment are for convenience only and are not to be used to interpret or ��'��>�• r '� �q� ',._
<br /> ��•t's� '
<br /> define the terms of th���urity Instrument Time is of the essence in this Sev.arity InstrumenL ' ���;:. ,.• .,�
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<br /> T�,b SUCCESSOR TRt:s''fe�E.Lender,at Lendes's option.may from time �time remove Trustee and appoini a .,:,;�,�__,��,...:,�,�_. ;,��..
<br /> • successor trustee�vit'�out any other formalisv:ban the designation in a�iting. 'The successor trustee,without "r�'Q•���� ���� 1
<br /> �+, , -��;. .:
<br /> �, convey�.*�,e of the Property,shall succeed to ali iFre title.power and duues conferred upon Tn�stee by this Sec�ttity • �'�� �±����.'�� ` �
<br /> ' Instrvr•��st and applicable law. •-:�;� .
<br /> � Z5. �10��.[lntess othenvise required by law.any norice s��:be given by deGvering it or by mailing it by 6rst class
<br /> waii to the a ro riate arty's address on a e ;•of t��G Securi Instrumen�or to an other address desi ated in . �!�.."� -
<br /> PP P P P S tY Y 8n ,,��,� .,.;
<br /> . writing.Notice to one grantor will be deemed to�no2::x�.o all grantois. �''•`T r°" '`�� ' ----
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<br /> . 2+b, WAIVERS.Faccept to the extent prohibited by law,Grantor waives all appraisement and homestead exempiion rights ��,�
<br /> ' � relating w the Property. '"�'�`'�
<br /> � 27. p'Td�6t�'T�RMS.If checked,the foUowing are applicable to this Security Instrumen� F `�`'�:.
<br /> �::.�.,:+.r-
<br /> .�„ . ❑�Y'ine o!CrediL The Secured Debt inclu�+es a revoh+ing line of credit provisioa Althoug6�We Secured Debi `+�-- .: . -
<br /> � • may be reduced to a zero 6alance.this S:curity Instrument ivill remain in effect uatil released. ,�.�,;,;���:��_''�
<br /> . � Constraction Loaa.This Seruriry Instrument secures an obUgation incuned for the construction of a� ��` � :,
<br /> i.�provement on the Propercgr. ��'�` �'�_.�9""" �'
<br /> i. .
<br /> ;� F i i'a�Z n r e F il i ng.Grantor grar.s to L e n der a securi ty in t e r e s t i n a ll g o o d s t h a t G r a a t o r o w n s n o w o r i n t l h�� � �•�t'�;�a; '�"'
<br /> future and Wat are or will become fixtei;ss related to the Pro e 3'his Securi Insuument suffices�rs � �r�'�'�'�5����� °�•_=
<br /> � financing statement and any carbon,photographic or other reprod aion may be filed of record for purp��� ���.�,r�r�.�*+;`��=;.���'"
<br /> of Article�of the Uniform Commercial Code. `L��'.= �� �� �'''t
<br /> • ❑ Itidere.The covenants and agreements of each of the riders checked below are incorporated into dTa� �R'� �',�=
<br /> . supplement and amend the terms of this Security Instrument.�Check all applicable boxes] ' �
<br /> :. ❑Condominium Ridsr ❑Planned Unit Development RideT ❑Other..................................�......».............. —��_----•_ ��
<br /> . � ❑ Addition�9'�a�my. �""�',•'�'"-�`` .
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<br /> SIGNA'�'UgtES:�y sigung betow.Grantor agrees to the terms and covenans contained in this Security Instrument and in '��-""�-�`� — -
<br />, � any attaclus:zer.ts.Grantor also acknowledges receipt of a copy of this Security Instrument on the date stated on page I. , -�:•,..:=er�;��-=�.=�-.. �
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<br />�. ;s'� ature) � JOSBPH RICHARD STEPANL�'tc) (si e)t MARY ANN TEPANER .'�•'s�=-�=-'�"'�•��•��
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<br /> ACI�iOWLEDGMENT: NE$RASKA HALL • .��.y+.i4. . .�
<br /> _ ' S'I'ATE OF................. .................................. .COUN'�'�i�..................._...... .�•9•��s• ��. .
<br /> ��a��► This instru ent w ackno ed edb f h da { '�a��R�.......�... .............. � :.
<br /> by......JOSBP�.flICflA9� SYBPIIY��.A�D NA9�P�I���P�IN��;,g�ICg�1�"9Y�A9U Y�R:Qi19��1GgY;�;�lilf:l4��SpUOSB:UY.............. .�.c ,-.�e, �'�. .�.
<br /> BAC� 048Bfl My eommission expires:.............................................�. ....����.ti.l�.��c.c�4`.�.............. � � � � �
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<br /> GENERAt ROTAAYState of Netirastia (Notary Public) � _
<br /> � KATHIEEtJ A SCHLACHIER
<br /> . MyCamm.ba Map 21.2000 . � ' • _
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