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<br /> � Untess otherwise agreed in writin�,alY ins�ance PT°ceeds shall be applied to the���tion of�proceeds to Prrina�al - `.
<br /> or to th.s Secured Debt,wttether or not tinen due,at Beneficiary's aption. Any app P eII��P - � :�� .__;s:_.,=_ _=
<br /> shall not extead or postpone the due date of the scliedul.d payment nor c h a n�e t h e a m��unt of an y pa y m Y , .•�....�.,._,��T,�-
<br /> • elcces�will be paid to the Trustor.If the Property is as:quired by Beneficiary,Trustor s righi to any insurance palicies . , ,
<br /> and pro�eds resuiting from damage to the Property b e fore t he acquisi t i o n s h a ll pass to Benefici a ry to the extent of the ,,
<br /> '� , ,
<br /> Seeuted Debt immediateiy before the acquisition. , �
<br /> 20. ESCRO�W FOR'TA7�'S AND Il�iSURANCE.Unless atherwise provided in a seQarate agreemsnt,TnLStor m71 not 4 , , : . _,
<br /> � be required to pay to Beneficiazy fuads LUr taxes and insuran���'�ow. ' .
<br /> fu
<br /> . � ���L�gOg�g A����(��+ipi,ppCU(ViENT5.Trustor will pYOVide to Beneficiary apon request.
<br /> - any financial statement or infacmation Beneficiary may deem reasonably uecessary• Trustor agrees to sign,cleGver. __ _ -_. _ ___ _
<br /> = and file a�y additional documents or certifrcations tfiat Beneficiary may consider necessa�'Y to perfect.continue,and .
<br /> greserve Trustor's obligations under this Security Insuument and Beneficiary's lien status on the Property- . ; ` .�i
<br /> " t2. JOIl�PT AND INDIV�UAL LIABIIITY;CO-SIGNE�S;SUCCESSORS AND ASSIGNS BOUND.All duties under ..��-`r-. - . .._.. ...
<br /> �is gecauity Instrument are joint and individuaL If Tn�stor signs this Sectuity Iaccrument but does not sign an evidence of �:: ; . ' ,,.
<br /> �'� debt,Trustor dces so only to mortgage Trustor's interest in the Property to secure payme�n�omfe i SS��Debt and , , ,� _ ;, �
<br /> `�F, T n�s tor does not a g ree to be personally liable on the Secured Debt If this Serurity g��n` �w� :" ;
<br /> t h a t m a v e n t B e n e S c i a ry f rom brin g i r�g an y ` •` .
<br /> " :''� between L3eneficiary and Tmstor,Trustor agteas t o waive a n y ri g h t s. Y t� .�,°,r,, _
<br /> , '?; mdebted under the obligauon.'Thes°.fighis maY mclude,but are nart limited ,� �
<br /> � s action or dam�against Tnutor or anY P�Y f i . ' . ---° _
<br /> to,any anti-dsficiency ar one-a c t i o n l a w s.T r u s t o r a g r e e s that Benefic�a r y and anY Pare}!to this Seauity Instcument may N:;:�;.-_:-T.���r=
<br /> = extend,mod�y or make any change in the terms of this Security Insuument or any entd.e'I'�e duties audbenefi of this ` � -�' �`���"�'-�`_"
<br /> consent Such a change R-�not release Trustor from the terms of this Security Instn�m ,..;.�.:,��,�.:�?°'
<br /> �r:.�.
<br /> Security Insirument shall bind and benefit the suooessois and assiSas of Tnistor and BeneSciar}+. ti;�n';..,�,i�ii�r
<br /> 2'�. APPI.���g.E I.A9V;SEVERA�Hg.�YI'Y;II�TI'�R��TA7l"ii�N.This Security Instr�ent is govemed by ttte laws of ���;s�r.,.. .'__'---�"°-. .
<br /> , l. ., ;� •
<br /> -,,� 9 � , �,,�.,;.... ,_ -- ��;:
<br /> �e;uris�,.rtion in w6ich Beneficaaiy rs located,eacspi to the extent otherwise re uired b•the laws of the)urisdiction �-:;,•: , _._
<br /> w�ere tk�e Property is located.l7�is Secur►tY Ins�vaent is complete and fn�y mtegrated'II�s Security Inshument may ����:.;���=�:;.
<br /> not be amended oi modified by aral agreement Aay section in this Securaey Ix�suument,attachments,or any ,.. . _
<br /> agrees..-at related to the Secured De�t that conY��ts with applicable law w�nmt be effactive.unless that law erzpressly ..�����4--� -•'"`.
<br /> or im�li�dly permits the vatiations by nTitten ageement If any section of this Securii3 Irs'�ument cannot be enforced Y,T4r.,.� .,.F�..� .
<br /> di
<br /> accor�mg to its terms,that section w�71 be severed and wi�lIl not affect the enforceability of the remaindsr of t6is .�_;_-�.,,,,,
<br /> wi
<br /> gecuri�instrumen�Whenever used,the singular shall includ�the plural and the plural t+h�singulaz.'I�e captions and ..:�,;,�.�— �
<br /> �pre Ps�:�•�:=;
<br /> ' h�adings of the sections of thi9 Security Instn�meat are for convemence only and are not w be used to inte t or •-�• �*�
<br /> define t+�e tern�s of this Security Instrument.Time is of the essence in this Secwzty Instn�meaL .,
<br />' - Z� SUCC��OR TRUSTEE.BeneBciary,at Ben�ficiary+'s opuon,may 6rom time to time remove Trustee and appoint - .
<br /> a succrsaar trustee without any otk�er formality than the des�gnation in writin8• TLZe successor trustee,without ��*�;�': '
<br /> shali suoceed to all the title,g�ouer and duties conferred upon Trustee by this Secur:ii�y ,�'�•,`•,`:.;;�,;`,.,
<br /> convey.�ce of the Properly, � . �"'h��� _:
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<br /> Instcc�'�ent and applicable law. `t..:,.`.,.,..�rrti��j L'�..
<br /> ' �3. NOTICE,Unless othetwise required by law,any norice shall be given by delivering it ar by mailing it by firsc c3as� .��t:�,.^����:��;; ,.
<br /> ma�to the appropriate party's address on page 1 of this Security Instrument,or to aap other address designated in � �i 4''. ,"
<br /> writing.Notice to one irustor will h�deemed to be notice to all uustois. :.�.� :.
<br /> � W�7CRS.Except to the extent prolnbited by law,Tn�stor waives all appraisement a�d�omestead exemption rights _ �-��.j�..,..
<br /> - relating to the Property. ��� '
<br /> ' -!;,a�`,�.
<br /> 27 pT�g'('ERM.S.If checked,the following are applicable to this Secuiity Instrumeni �c.{�..;
<br /> ❑ Idne ot CrediL The Sec�ued Debt inctudes a revolving line of credit pzavis'son.Aithough the Secured Debt • .!�;.;�
<br /> �ay be reduced to a zero balance,this Security Instrument wi11 Iemai�m effed until released '��-�--
<br /> . � �nstrucGtan T,oan.This Secwity Instrument secures an obligation incurred for the consuuction of an ��� _
<br /> �'�� �provement on the Property.
<br /> ..����, ❑ ��&Trustor gt-a�2s to Heneficiary a secu::.ty interest in a11 gaods that Tmstor owas now or i�t�.� �,�.,�-
<br /> � future and that aze or wt�l become fixtures related to the Property.'�his SeWi'ih+Inst�m�t suffices as a ..4:;��.,,� ---
<br /> , '` hoto luc or other reproducuon may be 5ted of re�3r�d for purpas� ,ta°�-�;•-.�' ,;
<br /> ��'� �nancing statement and a�y carbon,P �P � �'�
<br /> ;�,? �?i Article 9 of the Unifor�m Commercial Code. - � ��� �.,
<br /> ,'��;�� ❑ giidere.The covenants aad agreements of each of the riders checYced below aie incorporated in���� ;,�,�--��`,,..
<br /> supplement and amend the terms of this Security Instmment.[Check a11 aPPlipble boxes] �,�,r�;�._
<br /> . \ �Candomimum Rider 0 Planned Umt Devetogment Ytider �Other...................»..._.._.............»............ ,�R,��„�s�,,'-
<br /> . � ❑ AddiHonnlTer�s. �°
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<br /> . SIGNATtJRbS:By sigiing below,"IYustor agrees to the termso �S���ent on the d�ate t�e�p°�'�f� -
<br /> . any ariachments.Tnistor also acknowledges receipt of a copy - _ --
<br />� , .��.�...�1•!��'•i�•............a.-1.7...-�T. .... ....._.... . ..................»............................................ '.:..,r'�.L�..,.�:�' �_
<br /> (Si ture) J�tle'S F. IfdSlOD '(�ate1 (Signnture)� (IDs. )• �FT'S,�i�,"�'
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<br /> ACI�iO�iiI.EDGMEI�P� OF. ..S�1P�iADr�l�1... ....)ss. :.4�'�'•.�`'r.�<.
<br /> STATE OF. .�1D�ka�........».......................COUNTY .......... ..����.............. _
<br /> o�� This instrument was acicaovrledged before me this....1.�.#�#...........day of...4?�?�@A4Y.a. ........................... -
<br /> "'. � by»....adltlPS..k'.w..��0;l� �1..�.�.113�.f".i..9�FF�.?.174........ ..........»..._..». ....... � ....». .............».»....... �_
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<br /> '� � � My�commission espi�es: �--�6`yy � ................»......... � � � -
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