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<br /> Untes�oti►erwisc agreed in writing,all insurance proceeds shaIl be appGed to the restorauon or repair of the Praperty ' � y�
<br /> or to the Secured Debt,whether or not then due,at Lender s option.Any application of proceeds to principal shall not ••• . -•� `° _
<br /> extend or postpone the due date of the scheduled payment nor change the amount of any payment.Any excQSS will be . ' ` ' -
<br /> paid to ihe Grantor. If the Praperty is acquired by Lender,Grantor's right to any insurance poGcies and proceeds
<br />� resulting from damage to the Property betore the acquisition shall pass to I.ender to the extent of the Secured Debt , � ,
<br /> immediately before the acquisition , • '.-
<br />. 1A. ESCItOW FOR TAXES A1�iD 4�JSUPtANCE.Unless oifaenvise provided in a separate agreem�nt.Grantor will aot . • -
<br /> be required to pay to Lender funds fot taxes and iiuurance in escrcw• • • � , �
<br /> 21. i'dRJANT.{AL RE�'OL°t'1'�ARId?�DlTION�d.DOCIJMEN'I�.Granwr wiU provide to Lxnder upon reques�any - _— -------=--F_—_._
<br /> � financial statement or information Ixnder may dee�reasonably necessary.Grantor agrees to sign,de6ver,and fde . , . '
<br /> , any additional documenu or certifications that Lender may mnsider necessary to perfect,cantinue, and preserve ,- '.. +
<br /> Grantor's obiigatiuns under this Security Instrument and Lender's(ien status on the Property. _ , ,
<br /> 22 JOINT AND INDIVIIIUAL LIABILFI'X;CO-SIG:YERS:SUCCESSaitS AND ASSHGNS SOIIND.All duties _
<br /> under this Security Instrument are joint and ineiividual.If Grantor signs this Securitp Instrument but does not sign an -- :"-��-
<br /> evidence of debt,Grantor does so oaly to mortgage Grantor's interest in the Pruperty to secwe payment of the __'= '"__
<br /> • Secured De6t and Grantor does not agree to be personally liable on the Secured Debt. If this Security Instrument � -r__ -F-
<br /> secures a guaranty between Lendee and Grantor,Grantor agrees to waive any righu that may prevent I.ender from � '._�� _�
<br /> b " an action or ciaim Grantor or an mdehted under the obli tion.These ri ts ma include,but . i����'�
<br /> • nngir.g Y against Y PartY� Sa � Y ...,..,���
<br /> ' are not limited to,any anti-de6ciency or one-acrion laws.Grantor agrees that Lender and any party to tbis Security •;,���,__�
<br /> i�tent may extend,modify or make any change in the terms of t6is Security Instrument or any evidence of debt • ' �.:-,_ -: _
<br /> without Grantoi s consen�Such a change will not release Grantor from the terms of this Security Instrumeat The . �--=,T-Yr
<br />- duties and bene5ts of this Security Instrument shall bind and benefit the suexessars and assigns of Grantor and Leader. __`` � _ _
<br /> I3. APPLICABLE LAW;SEdE�ABU.T1"Y;WTPEF3�RET.�'f70N.This Secur'rty Instrument is govemed by the laws of " ��' �;'�
<br /> ihe jurisdiction in which Lender is located,except to the extent otherwise required by the laws of the jurisdiction , ; �'"� �t��'`:�!_,:-
<br /> — s�. y..
<br /> � - where the Pro e �s located.This Securi Instrument is cc�r_i�te and u►te ated This Securi Instnunent ma -�,:'.�'-
<br /> P rtY� ty ful1Y� gr 15' Y - -�;?`,:'�-
<br /> not be amended or madified by oral agreement. Any s����� in this Security Instrument, attac6ments,or any „� ��
<br /> ._ agreement related to the Secured Debi that contlicts with a��.�ble law will not be effective,unless that law expressfy . � �r 'l� `��^��
<br /> ,,.. ,: �-_;-
<br /> or impliedty permits the variations by written agreemen�If any secdon of this Secwity Insuument cant!�t be eafo�ed � �
<br />.. according to iu temos, chat section will be severed and ��i� not affect the enforceability of Yhe r:rv�der of this ;� �'��:��'~„����� _
<br /> .- Seauity Instriunent.Whenever used,the singular shall incl�:the ptural and the plural the singular.The captians and t'.- ��j ".,
<br /> headin of the sections of this Securi Instrument are fec o.avenience onl and aze not to be used to inte rse or ., - �'�£ .
<br /> gs tS' Y � ^ �� -• � 'x;�:�:� . ;
<br /> `i
<br /> define the terms of this Security InstrumenG Time is af the�ye�ce in this Security Instrument. �, r �Yf;r:. .
<br /> "� ° ?A. �U C C E 5 S O R T R U S T E E. L e n d e r,a t L.e n d e r's o P t i o n,m a y from t.��to time remove Trustee and a oint a ��' '
<br /> y PP :� i-,�:_
<br /> snccessor trustee without any other formality than the designatie� �.n writing.'Ihe successor trustee,without , y .�t,`�:c
<br />•,,,J,.� coaveyance of the Property,shall succeed to all the title,power and duties canferred upon Trnstee by this Security � r.. . . ., a}}
<br /> Insirument and applicable law. ��`� '� ' !
<br />;�{��f'�'� i�.-,�'�• � .
<br />��`'�' e9 Y Y g► Y 8 Y g- Y . a '
<br />.;}.;�y�; 15. NOTICE.Unless otherwise r uired b law.an notice sha�.�e ven b deliverin it or b mailin �t b t�t�3ss �4 :
<br /> `=" ', mail to the appropriate party's address on page i of this Sc�.:�rity Instrument,or to any other address designated in . .-;.• -
<br />� . writing.Notice to one grautor will be deemed to be notice to all grantors. '" 'f`
<br /> 26. WANERS.Exce t to the extent rohibited b law,Grantor waives all a raisement and homestead exem tion ri ts � F .�
<br /> . P P Y PP P Y� ��;::
<br /> relating to the Property.
<br /> Y1, O'I'IIEIS TERMS.If checked,the foDowing are applicabie t��this Security Instrument: °.�1
<br />. ❑X�ne of Credi�T6e Secured Debt includes a revotving line of credit provision.Although the Secured Debt �j�_.�
<br /> may be reduced to a zero balance,this Security Instrument will remain in effect until released , _
<br /> � ' ❑ Constr�dion Loan.This Security Instrument secures an obligation incurred for the construction of an ..u...��.,o .� . ._
<br /> ,..�. ; improvement on the Property. �~ "�r' "_
<br />`,;,'s.;� ❑ F'at�e�'Li'ng.Grantor�rants to Lender a security interest in all goods thac �Grantor owns now or in the , T :
<br /> future and Wat are or will become fixtures related to the Property.This Security Instrument sufhces as a '�!`•-- '� � ��
<br /> .'' financing statement and any carbon,photographic or other reproduction may be fded of record for puiposes ���-�
<br /> �` of Article 9 of the Uniform Commerr�t Code. _ ;"•--���M�-
<br /> , �'" ;�---._•_
<br />" ❑ Riders.The covenants and agreements of each of the riders checked below are incorporated into and . ��_,��,,.
<br /> �':.� supplement and amend the terms of this Security Instrument.[Check all applicZ'�te boxes] •.�f��,�,� ; • -
<br /> ' ❑Candominium Rider ❑Planned Unit Devete��ent Rider ❑Other.................................................... _ :
<br /> ❑ Additional Term9. �:� �'.�,-,�,.r�;'
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<br /> SIGNA'fURFS:By s's�.ing below,Grantor agn:es�o the terms and covenants contained in this Security[nstrument and in �'�� _
<br /> any attachments.Gra.-�tor also acknowledges rece:pt of a copy of this Security Instrument on the date stated on page 1. � : ^y'���=`¢...' -
<br /> .,,.
<br /> : :(. ��J . ?.is};���,• �-
<br /> I/�i� OZ/03/9� . .. .. � . .. ...........�'�:........02/03/97 -��
<br /> (signat�iie) WAYNLr •HALLARI........................ �vate) �g��..te' �(Date)� , .
<br /> �L I� HALLAM
<br />:;•, . �
<br />.', , . ACKNO'JVLEDGMENf: .
<br />`� NEBRASKA IiALL `
<br /> ' STA'I'E OF..............................................................COUN OC'......... ........... � .-
<br /> �y .. .. .. � ..
<br /> - . Undmdual) This i tr�=� tw c led dbefo 3RD day of.............�E�K�a�?Y...��.......1'9r�7�' �-. �� �� . � :.
<br /> � �AY���A�LAN�I B� ���A ]�ALLAti �15�A�1�l���IiY�B............... .............................................. .
<br /> � �i
<br /> � by.................................................:............�........................................-••-.... ............. ................................... • • . ..' ' .
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<br /> My cominission expires: '/� ` ..
<br /> � ._-/ . ,
<br /> .
<br /> • {Scall .... .E�rY.t.'Y�Cl:...�... ..�1'Zt//.............................•--......... . . .. ' �
<br /> • � (hc'W-v Public) ', ,
<br /> GENEfitI'a-n aY•State ot Neb»sYa • � �
<br /> --°- � MyW mRE 0����.�1999 -----.-______
<br /> �19416a�kan Syslmu,lne.St C:ouO.MN(7-gpp39'7-23�t)FOm+iiE-OT-NE 8B19A (page 4 of 4) • �
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