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<br /> ;, Unlcss othcrwisc asrecd in writing,all insur�ncc procccds shi+ll hc applird t"I c�tiun of���roa•cCls tu princ•ipul sht�ll n�,t �'
<br /> � or to thc Secured Uebt,whether or not then duc,at L�.ndcr s optiun.Any sipp P , .
<br /> � � cxtend ur pastpone the duc date of the scheduled payment nur changc thc um��unt of any ps+ymcnt. Any cxccss wfll bc :
<br /> . , :. � pnid to thc Grantor.If lhc Aroperty is acquired by l.c.ndcr. Grnntor's ri�;ht tu nny insurancc p�dicics w�d p►��cccd' "'
<br /> �, * resulting from damage to the Property befc�rr the acquisition shull pass tu Lendcr tu the cxtcnt uf iho ti��u��� n�nc �
<br /> imrr►�diatcly txforc thc acquisitian. �_
<br /> *� 211. ESCROW EOR TAXES AND INSURANCE.Unlcss othcrwisc providcd in a scpar.�tc.i�;rccmcnt,c irantor will nut �;�
<br />"- ���f- �` be required to pay to Lender funds for taxes and insurancc in escrow. �-._
<br /> ,t�`� � 21. FINANCIAL REPOit'1'S AND ADDI170NAL nOCUMENt'S.Grantor will provide to L.endcr upon request,uny �_-_._
<br /> �nancial statement or information Lendcr muy deem rcasonably neccssary.Grnntor agrees to sisn,dclivcr,nnd filc _
<br /> ' any additional documents ur certi�cations that L�ndcr may consider neccssary to perfect, cantinuc, and preseivc —
<br /> � Grantor's ob{igations under this Security lnstrument and Lcnder's lien status on the Property. `
<br /> p� 22. JOINT AND INDMDUAL LIABILITY;CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUNQ. All duties
<br /> under this Securtty Instrument are joint and individual.If Grantor signs this Security Instrument but docs not sign an
<br /> evidencc of debt, Grantor does sn only to mortgage Grantor's interest in the Property to sccure payment of the _
<br /> � Secured Debt and Grantor does not agree to be personally liable on the Secured Debt. If this Secunty Instrument
<br />' secures a guaranty between Lender and Grantor, Grantor agrees to waive any rights that may prevent Lender from
<br /> ' brin�ing any action or claim against Grantor or any party indebted under the obligat�on."These nghts may include,but
<br /> � are not limited to,any anti-deficiency or one:-action laws.Grantor agrces that L.ender and any party to this Security
<br />• ��' Instrument may extend,modify ar make any change in the terms uf this Security Instrument or any cvidence of debt �
<br /> without Cirantor's consent. Such a change will not release Cirantar from the terms of this Security Instrument.The �
<br /> duties and benefits of this Security Instrument shall bind and benefit the successors nnd assigns af Grantor and Lender.
<br /> 23. APPLICABLE LAW;SEVERABILITY;INTERPRETAT'ION.This Security Instrumertt is govemcd by thc laws of
<br /> � the jurisdictian in which L.ender is located, except to the extent otherx•ise required by the laws of the jurisdiction
<br /> . where the Property is located.This Security Instrument is completc and fully integrated.This Security Instrument may
<br /> ' �� not be amendcd or modified by oral agreement. Any section in this Security Instrument, attachments, or any
<br /> . agreement related to the Secured Debt that conflicts with applicable law will not be etfective,unless that law expressly
<br />_ or impliedly permits the variations by written agreement.If any section of this Security Instrument cannot be enforced
<br /> .. according to its terms,that section 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
<br /> --�� --___ �rR�iinvs of the sections of this Security Instrument are for convenience only and are not to be used to interpret or
<br />- define the terms of this Security Instrument.'Time is of the essence:in ii�ia Security Instrument.
<br /> 24. SUCCESSOR TRUSTEE.Lender,at Lender's option,may from time to time remove Trustee and appoint a
<br /> successor trustee withaut any other formulity than the designation in writing. The successor trustee, withaut
<br />?_, conveyance of the Property,shall succeed to all the title,power and duties confened upon Trustee by this Security
<br />- •• Instrument and applicable law.
<br />�� 25. NOTICE.Unless othcrwise required by law,any notice shall be given by delivering it or by mailing it by first class
<br />':���.�• mail to thc appropriate party's address on pagc 1 of this Security Instrument,or to any other address des�gnated in
<br />- .. writing.Notice to one grantor will be deemed to be notice to all grantors.
<br />- ' ' 26. WAIVERS.Except to the extent prohibited by I�w,Grantor waives all appraisement and homest�ad exemption rights
<br />' �� relating to thc Property.
<br /> � � ' 27. OTHERTERMS.If checked,the following are applicable to this Security Instrument:
<br /> �:�;_,! ;:�,,; � Line of Credit.Tlic Secured Debt includes a revolving line of credit provision. Although the Secured Debt
<br />�;-�• � may be reduced to a zero balance,this Security Instrument will remain�n effcct until released.
<br /> - "�" '"'' ' ❑ Construction Loan.This Security Instrument secures an obligation incurred for the construction of an
<br /> �; , , ..
<br /> � " improvement on thc Property.
<br /> •� �"� ❑ �xture Fi�tng.Grantor grants to Lender a security intcrest in aq goods that Grantor uwns now or in the
<br /> tuture and that are or will become �xtures rclated to the Property.This Security Instrument suffices as a
<br />=��- .;�. financing statement and any carbon.photographic or other reproduction may be�led of record for purposes
<br /> of Articic 9 of the Uniform Commercial Code.
<br /> ••�� • •• ❑ Riders.The covenants and agreements of each of the riders checked below are incorporated into and
<br /> T'` �•" �� supplemcnt and amend the tcrms of this Sccurity Instrument.[Check all applicable boxesJ
<br /> � ' ' ..........................................................
<br />- • ❑Condominium Rider ❑Plartned Unit Development Rider Other
<br /> 4_ ❑ Addttional Terms.
<br /> ; =
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<br /> , SiGNATURES:By signing below.Grantur agrccs to thc tcrms and covenants containcd in this Security Instrument and in
<br /> any attachments.Grantor also acknowledges receipt of a copy of this Security Instrument on thc date stated on page 1.
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<br /> . .. ... GL..G-.T�..P_../.(� •
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<br /> ,h��.., �.�o������i •
<br /> ^ �� n � JAMES R WALKF,R �� � � KATH 1 P: A WALRGK
<br /> ACKNOWLEDGMENT:
<br /> ................................................. �s.
<br /> STATE OF....N.��.4�.(1$KA...................................COUNTY OF.........}�A,I..I "
<br /> ���.�,•����,n Ttiis instrument was acknowledged betore mc this....3Q.�:I�........d.�y�,(........,I.A,NU,A�tY...............1.9��.......... �
<br /> ' hy�!!!!�.$..R.:..pA4l4�R..�N.R..K�TftI�..(1:.��.4K�Qa..GhCll..!.N..Hl.$..AN.R..IIBA..41H...�.l.riH.T..AN�..AS..S.eQV.Sk.91�..E��lGll.Q(�.6A....................
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<br /> My rommissi�m cxpii•cs: /' � / ' �c-'— '
<br /> �,..... �.�lr�.(.r�..,.b�!�l��t�,�'-�.G.+:s.....:............
<br /> Itirah �Nolary{'uhhrl
<br /> �NER�lNO1AR`f Sl�it DI NPbraSk7
<br /> � KAIHLEEN A.SCHIACHi EH
<br /> �_ Mytomm E�p.May 21.1CQQ
<br /> (p4gH 4 014)
<br /> �1994 R'NiC�s Srslnm9-Inc 51 p:W A14 It 8W J�7 174�1 Fpm RE DT NE BB9�1
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