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<br /> L� • r '° . Unless otherwise agreed in writing,all insviance prooeeds shall be applied to the restdrat� r reQair o ecty . . .< ,
<br /> �- s ` - . or to the Secured Debt,whether or not then due,at Lender's oprian.Any application of proceeds to prii►cipal st►aU aot
<br /> �• ` •:,- extend or pastpone the due date of the scheduted payment nor change the amount of any payment Any excess wilI be , �
<br /> `r::� . paid to We Grantor.If the Property is aoquired by Lender.Granto�s right to any insurance policies and proceeds ('�... .�;:.
<br /> ;, � . .�. �' _ resulting from damage w the Property before the acqu�ition shall pass to Lender to the extent of the Seciued Debt .
<br /> . iavmediately before the aoquisition ' ` �
<br /> . ' 2(1. ESCROW�Y1R TARES A1�iD INSiJRANCE.Unless otflerwise provided in a separate agreement,Grantor will aot : • ,
<br /> . 4-`;<=m r--r.=�°, be required to pay to I.eader funds for taxes and'uisurance in escrow. - _<
<br /> � yl, g(�V�NCI�I,EtEpOYtTS pND ADD1T[ONAI.DOCUMENTS.Grantor arill proeide to Lender�pon request.any %° �"-:��.
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<br /> � � financial statement or information Lender may deem reasonably necessary.Grantor agrees to sign,deliver,and 52e ; ���.- �`
<br /> . �. � any additional dacumenu or certifications that Len d er may consi der neces5ary t o p e r f e c t,a o n t i nu e,and preserve -
<br /> x�(- . . ' '<�� Granto�s obligations under tbis Security Instrumeat and Lender's lien status on the Property. _:;�`
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<br /> � d��p�p�1Vpi�ripiJ�1,I,Ipgp,i'I'Y;CO-SIGNERS;SUCCESSOItS AND ASSIGNS BOUND.All duties ,.`;ti:f
<br /> �-�i • ' uzeder this Security Instniment are joint and individual.If Grantor signs this Security Instnunent but does not sga an
<br />�:f� � ��-' : evidence of de6t,Grantor daes so only to mortgage Grantor's interest in the Property to secure payment of the =
<br /> - Secwed Debi and Grantor does not agree to be peisonally liable on the Secured Deb�If this Security Iastrumeat _ ,:..;� "`�`.
<br />}'- � secures a guaranty between Lender and Grantor,Grantor agrees co waive any rights that may prevent Lender from ' ��.���`��:`
<br /> � ��. ` �' bringng any action or claim against C�rantor�r any party indebied under the obligation.These rights may include,but , .�. _
<br /> - are not limited to,any anti-deficiency or one-action laws.Grantor agrees that Lender and any party to this Security �"°�
<br /> : � ' Instrtnneat may extend,ruodify or make any change in the terms of this Secnrity Insmiment or any evidence of debt . _
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<br /> ;�+ F � ,' without Graator's conseat Such a change w�l aot release Grantor from the terms of this Security Insuument The
<br /> �.�>� -
<br /> :��`- . •=:;�:� ' <'� ,' duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Grantor and Lender. �
<br /> ` �. s. . z .,': 1� APPL[CABLE I.AW,SEVEltABII.Yi'Y4IIV'[IERPRETATION.This Security Instrument is governed by the laws of ;�_
<br /> - � the jurisdiction in which Lender is located.except to the extent othernise required by the laws of the jarisdictioa �--
<br />'=" '�. '��� where We Property is tocated.This Security instnuneat is complete and fully integrated This Security Instrument may .i--�:_
<br /> ' . , � �-.� not be amended or modified by oral agreement.Any section in this Security Instrument,attachments,or any ��
<br /> 1;.` , agreement related to the Secured Debt that canflicts with appliqble law will not be effective,unless that law expressIy ��j,�^:
<br /> - � .. - � .�. or impliedly pem►its the variations by written agreement.If any section of this Security Instrnment cannot be enforced � ;;,._
<br /> • } according to�u terms,that section will be severed and will not affect the enforceability of the remainder of this ;` �; ,
<br /> ` gecurity Instrument Whenever used.the siagular shall include the plural and the plural the singular.The captions and �i� �
<br /> ; ; , � '' headings of the sections of this Security Instrument are for convenience onty and are not w be used to interpret or _ ,•�•'��'..
<br /> • � ��":�i".' define the terms of this Security Instrumen�Time is of We essence in this Security InstrumenG =•��
<br /> ' ` - ?�@. SiJCCESSOR TRUSTEE.Lender,at Lender s option.may from time to time remove Tn�stee and appoint a _� •:�4�
<br /> ' ' � sttccessor trustee without any other formatity than the designation in writing.The successor trustee,without � +'��°•
<br /> • , conveyance of the Property.shall succeed to all the title,power and duties conferred upon Trustee by this Security • --
<br /> , . :- Instrument and appticable law. '�=�
<br /> �:. � • ����'�u' ZS. NOTICE.Ualess otherwise required by law.any notice shail be given by detivering it or by ma�ing it by first class � •��
<br /> �•-•---�— .. : . mail to the appropriate party's addFess an page 1 of this Sea�rity Instrument,or to any other address designated in '�?�
<br /> . �� ' writing.Notice to one grantor will be deemed to be notice to all granto�s. . - ��,�;«
<br /> � ' . Z6. 6VAIVERS.Except to ihe extent prohibited by law.Grantor waives all appraisement and homestead exemQtion right,s "'
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<br /> • � - rslating to the Properiy. � ,°�.?��
<br /> '�. � . 27. OTHER TERMS.If checked.the foltowing are applicable to this Securiry Instrumen� � �•�1°"_`
<br />;,-.,,. .
<br /> •-r�� � � Une of Credi�The Secured Debt incivdcs a rccal�nssg line of credit provision.Althou g h t he Secuce d De b t �, __
<br /> ,.:,. , __
<br /> ..: ' � may be reduced to a uro balance,this Security Instrument will remain in effect until released. ,�.
<br /> �,�:� � • ' ❑ Constraction Loan.This Security Instrument secures an abligation incurred for the construction of an '-�
<br /> . . ,� _ improvement on the Ptoperty. .` •'�"
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<br /> ' � . ❑ Eixtare Flltag.Grantor granu to Lender a security interest in aU goods that Grantor owns aow ar In the �� -
<br /> •• ' � �,•��' future and that are or will become fixtures related to the Praperty.This Security Instrument suffices as a .
<br /> � financing stateinent and any carbon.photographic or other reproduction may be filed of record for purposes ,
<br />= �� � • of Article 9 of the Uniform Commercial Code. ,
<br /> -. . - c , ..� ' ❑ Rtders.The covenants and agreements of each of the riders checked below are incorporated into and • .
<br /> . . . supptement and amend the terms of this Security Instrument.[Check all applicable boxes] •
<br />:' ;� � . � ' � ❑Condominium Rider ❑Planned Unit Development Rider ❑Other.......................................................... � ...
<br /> �"�� �• ❑ Addittona!Terms. • .
<br /> . . .. . �.
<br />`` . � S1GNA711RES:By signing below.Grantor agrees to the terms and covenants contained in lhis Securiry Instnunent and in '• �
<br /> � ' . any attachments.Grantor also acknowledges receipt of a copy of this ec rity lnstrument the date stated on page 1. . ..
<br /> � . . ' . ' . ..� ......2/26/98 ...f-.��... ..........02/26/98 � . ' . '
<br /> ' ', . ' (siRn�iurc)� RODNEY L SUKOV (Date) (Signaturc) DE A L 5U VATY �(Uatej�
<br /> , .. ...
<br /> '�' ' ` ' ACKNOWLEDGMCNT
<br /> ": : . . NEBRASKA •
<br /> z;::, , • 5TATE OF.............................................................. 0��•'�Y OF....•y••f...........................................................5. .
<br /> HALL � '
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<br /> :,� . by.............................................................................� .. ....... ....... ....................... .
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<br /> ,� . .. . � My commission expires: �
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<br /> .. (SeaU �'�°.... .. (N��ta Publ�cl
<br /> �._'..� � . GEHfAAI NOIARY•S!ate ol Nebnsta . � .
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<br /> �- ------�- - � SCOiS�.i:iSSICR
<br /> . • � M�Cem-E,a N1ay 31.1998 =�-_�_-
<br /> • ,. - , j C��994 Bantc�s SYVema Inc_St Cloud.lAN f'80P39��23lt1 Form RE�Ot�NE B/8197 (page 4 of 4) ��
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