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<br /> � ` , �� Unless othenvise agn�ed in writing.all insurance pmceectc shall be appl�ed to th��n of a�roc�ds to pri�ipal shall not ��'�` - . � L ;
<br /> B ary's opuon. AnY aPP p �2.�
<br /> ti�r gec�ued Debt.whether or not theu dsie,at enefici < '
<br /> . .' ,�� extend or postpone t he d ae d a te o f t h e s c l i e d u l e c i p a n t m r e t h e a m n u n t of an y p�e y ment.Any excess wi11 be d 4
<br /> . to the Giantor. If�he Progertp is bX'�uon shall�•Tcust�s ri,,ghi�to the eate�nnt�of the S�Debt immediately : ,C.° °,S,..,�
<br /> � � `� from damage[o the Prapercy befo�qwsi �ass ne�
<br /> � , � :_.t before the acquisirioa. . ..� `' ' -
<br /> _'�� Z�. ESCROW FOR TAXFS AND INSlJRAI�CE. Unless otheiwise pmvi d e d in a s e p a i a t e a g r e e m e n t,T m s t o r w i ll n o t b e , ,.. f, ...�`�' E.
<br /> - - i e q u i T e d tp p 3 q to BeIIeHcialy fUl�ds fot t3Res agd itlsvrnnce iII escrow. t.
<br /> — r —� 2 1. F I 1 V I�R I C I A I.R E p O�T S A N D A D D Y f I Q N A Y.B O CUN�iTS. Tinstor vv�l provide w Br.neficia�+°P°a reqnest,�Y .
<br /> ��� �v a�a deem ieasonably n�r5+.Tiustoi agnes t o s�g n,@ e 1��e r,a n d S I e a n�r
<br /> 6aancial statement or infonmation Benefciary y ° .
<br /> to erfe�,contim�egan�P�s�e Gianwr s S �
<br /> . • ." � addit[onal d�ents ot ce�ti�crattc�m m e�Benefi E�e�'�s li�n statas o�ryPro P ertY• : `.. ,.
<br /> _ , ' �:� obiigations�der this Secucit9�� and . ,r ;;. � .
<br /> � 22.JOINT AND INDNIDUAL LIABII.ITYr CO-SIQ�tERS;SUCCE�SORS AND ASSI�SdoB�O U N D;��evidence f �.-• • �," :�`���
<br /> - this Sewrity Insuament am.loint and'mdividnaL If Trastor sgm tbis Sec�ity Inst�aent gst . _ _
<br /> �, debt, Tzustor does sa only to mortgage Tmstoi's interest in the Prope�rty w secure�p�aymeent s�ecaues a gaarantY between .
<br /> - • - Trastor dnes not ag�e to be peisoffiIly liable on the Sec�l Dehi.If this 5 �b �on os ctaim ,• .'
<br /> so ` :.
<br /> . - Benef ciary and Tmstar Tzastor ag�to weive any ri d��y P�v�B � �����mited w. a�►q . �-"
<br /> ' ag.diact Tn�stor or any paity indebted under the ob�on 7liese rights way ma auencl, ��`,",•
<br /> . anu-deSciencY ot one-acuon laars.Tmstor agre�that�e�eficiaiY and a�►9 P�Y tO this Sect�rity,Insuameni Y .. ,. ..'.
<br /> `� ." mbdif�r or make any c�ange in d�e temLS of this Seamty Insuumem or a�r evideuce of debt wtthont Tra�tor:s c�asent- ,.:�,:�;
<br /> ,, .� Snch a ge�w�l aot release Ttustor fram the tem�s of this Se�ariry Inst�ent The daties and benefits of tins S�md ytY
<br /> gns of Tmstor aIId Benefccial. �?. .1�
<br /> Insbmme�i�sbail . ;•.,��;'��r:'`
<br /> bind and benefit the snccesws and ass� r•,,.
<br /> r •� b the laws of the ``�::;.�'�'
<br /> ' - Zi. APPi.ICAItLE LAW,SEVERABILITY,II��T e��o�'sc requ�d�y� l�aw�s of�j�n s�aron where � ` '`-T�T'�. I�'
<br /> - jnrisdiction in whi�BeneSciatg is located,exceP� ]e and fuUy integrated- Tivs Secamity Iamumenc�y not be . ^�' , :�.•'�`�::
<br /> - the Ptopert9 is lacated.This Secarity Insu�ent, � Insuament attacHmsnts.or any,agceement related w •. +�x�
<br /> ,. - amended or modified by or¢1 agm�aent. Any secuon'm�tfi�s' Sec�it7! w�t�at law eipressty or unpliedly permits the ,_.
<br /> � the Sewred Debt that conflicts anth applicable law w�l not be effecoive, . 1--.�_ .
<br /> :;, t nt cannot be enforced acco�in8 to its te�s.that � .'.�'•�,�
<br /> ' . -, vaiiations bY wriuen agreement•If �rsearon of this Seca�d�Imsaume � > �,�—
<br /> : searon will be sever+ed and wi11 not affect d�e enforceabitity o the remamder of this Securiry Insuumen�'When�'��,
<br /> �:�: .
<br /> ' � f" the sin shall include the plural and the pttual the singular.The capaons aud headings of the sections otfythis��� �: >��•..:;.,:�
<br /> .`..t .'�. ,._
<br /> L�um� for com�enience anly and are not to be ased[o inte ret or define the teims of this Secari �:.;�.,Q!:�-_ _
<br /> InstmmeAl. . '�rt�'-
<br /> - '� T'une is of the e�eace in this Securicy ;:�`�,;�
<br /> � ` � k ?A. S�JCC�SSOit TRt)SfEE. Beneficiary. at Beue&c�ary's opdon,,way fram dme to tane c�eutove Trustee and appoint a � ����+-_.
<br /> s�cccessuc uustee witbaut swy other focmaliry thau the designatioa in wridng.The successor tca��ee without eonveyance of .":���
<br /> the Froperty, shall sviceeed to aU the ude� Power and duaes conferrec! upoa Ttustee by this S�ecuriry lnsuument and -
<br /> - . . applicahle law. _ , ?.._
<br /> ' � � � 15. NOTICE.Unless otbeiwise required by law aay nodce shall be given by deliveriug it ar by mailing it by fizst class mail , ���_
<br /> � to the appropriate patty's address oa page� of tWs Security Insaument. or to any other address designated in wridag. ,,�
<br /> � ' Notice to oae uasstor anll be deemed ro be notice to a11 uustors. '. •:'��'_
<br /> �'�, _ , � -----
<br /> ,�.:`. � �
<br /> . Z6. WAIVERS. Except to the extent prohibited by law,Trustor waives all appraisement and homestead exempdon rights •:f.:.��
<br /> ' �,. . relating W the Propen9• . . . °'-_
<br /> , '=�;�=.=
<br /> • . ; 27. OTf�R TERMS.If checked.the following ace applicable to this Security lastmment: _ :. :�.�-
<br /> .1 ❑ ldne of Credit.The Secared Debt lnctudes a revolving line of credit ptovision.Atthwgb the Secared Debt may be � ;�.�. �":::�:
<br /> . . � reduced to a zero balaace,this Secnriry Insm�ment wiA remain in effect until released. - . . '�.�:
<br /> _; � • � ❑ C o n s t r u c t t o a L o a n.T h i s S e c a r i t y lnstrument secares an o6ligation incuned for the constmction of an improvement '�;�;,
<br /> on the Property. �y':�
<br /> ,.,,,,.�_.
<br /> � ' �Firdure Filia�.Ttustor grants to BeneSciary a securitY interest in all goods that Grantor owns now or in ttie future ;:'-�':,_,
<br /> , and that are or will become fixtares related to the Property. This Seauity Instrument sufficey as a financing , .,,.' _.
<br /> ; . '�'i Statement and any carbon,photogsaptuc or other reproduction rnay be filed of record for paiposes of A:ticle 9 of the -
<br /> ; , ',r Uaiform Commescial Code. � :. �
<br /> ❑ Ridws.'Ihe covenants and agreements of eacv of rhe rtders checked below are incorporated into and supplement and _
<br /> ' � amend the ternis of this Securiry Inst�mcnt. [Check all applicable boxes] ��' „ ,
<br /> •� . • ,� ❑Condominiura Rider ❑Pla�ed Unit Development Ridtr ❑ Other .................................................. • • .
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<br /> , ' � '` �Additional Temis. �
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<br /> � SIGNATURES: By signing below.Trustor agrees to the terms and cuvenants contained iu tlus Securiry Inswment aad in any • • �
<br /> ,. attachments.T[ustur also acknowleclges receipt of a copy of this Security Instrument on the date stated on page 1.
<br /> ..� . � ......k�li.......�......L.��!�`............r/.-.,�:yB. �-L�l..�:.��`�•`�`6�;...,°?'°Z..°.'9� .: . .
<br /> . . .
<br /> . ...... ..
<br /> . �s�s�t°fe>Steven C Callahan
<br /> �m�e� csis�"' > Rashelle L Callahan �te�
<br /> �A .
<br /> � ACKNOWLEDGMENT:Nebraska Hall ..,, ,}�, .
<br /> • � STATE OF................................................ NQ.�......... .......... ........
<br /> CO ...
<br />" ....
<br /> . � i .trdi•'""�, This instrument was acknowle�l�+e�l before me chis......� da of. .�.'P.`}y.tlQ,�y..��. ..........
<br /> . ��.. . •
<br /> � Steven C Calla}wsi. Rar�fielle L Callahan y .,,�, ,,,...... .. .
<br /> . � My commission expire......................................................::�G"��'•�••- �
<br /> . ,
<br /> ; �spn �lfEHALN0IARY�StateofNadul� ........... .. .......... ............. .
<br /> ;�: . ldARK F.BEtANDI lxocvy �c) .
<br /> ' Q1m� 1 I lpage 4 of 4l �
<br /> . �J tj 1894 BaNen Systemf.Irc..St.Clo„d.Mf! 1. �
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