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<br /> Unless othcrwisc agrced in writing, till insur.incc procccds shull bc i�pplicd to thc restoraticm or repair of the Property •
<br /> or ta the Secured Dehl,whether or nc�t then duc,at Lender's option.Any applicntion of proceeJs to princip�l shall not •
<br /> extend or postpone thc due dnte of the schedulcd pnyment nor change the amount of xny pnymcnt.Any excess will be
<br /> paid to thc Grantar. If thc Property is iicquircd by l.cndcr, Grantor s right to nny insurancc palicics cind procceds
<br /> resulting from damagc to thc Property beforc thc acquisitian shall pass to Lc:ndcr to thc extcnt of thc Sccured Debt
<br /> , immcdiatcly bcforc thc acquisition.
<br /> 20. ESCROW FOR TAXES AND INSURANCE�Unless othenvisc providesi in a scparate agrcement,Gr�ntor will not
<br /> be required to pay to Lcnder tunds for taxes and insurance in cscrow.
<br /> ,,;., - 21. FINANCIAL REPOR'I`�AND ADDITIONAL DOCUMENTS.Grantor will pmvidc to I.endcr upon rcqucst,any
<br /> ...,.�,.-� Cnuncial statement or information l.cnder may deem rcasonably necessary.Grantar agrees to sign,dcliver,and file , .
<br /> any additional documents or certifications that Lender may consider necessary ta perfect,continuc, and preserve
<br /> Grantor's obligations under this Security Instrument and L.ender's lien status on the Property. - •.�
<br /> Z2. JOINT AIVD INDIVIDUAL LIABILITY; CO-SIGNERS;SUCCCS50RS AND ASSIGNS BUUND. All dutics :,��;
<br /> under this Security Instrument arc joint and individual. If Grantor signs this Security Instrument but does not sign an ;;�
<br /> evidence of debt,Grantor does so only to mortgage Grantor's intcrest in the Property to securc payment of the ___
<br /> Secured Debt and Grantor does not agrec to be personally liable on the Secured Debt. If this Security Instrument �___
<br /> secures a guaranty between Lender and Grantor,Grantor agrecs to waivc any rights that may prevcnt Lender from �c?1-:---
<br /> bringng any action or claim against Grantor or any party indebted under the obligation.These rights may include,but �,•�_
<br /> ` �� are not limited to,any anti-deficienry ar one•action laws. Grantor agrees that Lender and any party to this Security �.�';;;;;-
<br /> � Instrument may extend,modify or makc any change in the terms of this Security lnstrun►c:►it or any evidencc of dcbt ,•;;;�,
<br /> � �•�.; without Grantor's consent. Such a change w�ll nut release Grantor from the terms of this Security Instrument. The �_a•-
<br /> : duties and beneCts of this Security Instrument shall bind and benefit the successors and assigns of Grantar and Lender. ,,T,_
<br /> . s�! 23. APPLIGABLE LAW;SEVERABILITY;INTERPRETATlION.This Security Instrument is gaverned by the laws of _��""�-
<br /> the jurisdiction in which Lender is located, except to the extent ottterwise required by the laws of the jurisdiction __
<br /> ; �vhere the Property is located.This Security Ynstrument is complete and fuUy integratr,d.This Security Tnstrument may �_ -
<br /> • � not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any _.__
<br /> ' agreeme�t related to the Secured Debt that conflicts with applicable law will not be effective,unless that law expressly :r.:�
<br /> �� or impliedly permits the variations by written agreement.If any section of this Security Instrument cannot be enforced R�:
<br /> � � according to its ternis,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 tlie plural the singular.The captions and
<br /> '! ' headinss of the sections of this Security Instrument are for convenience only and are not to he used to interpret or
<br /> .'' �° '' define the terms of this Security Instrument.Time is of the essence in this Jecurity InstrumCni. _
<br />�.. .
<br /> - •� . ?A. SUCCE3SOR TRU3TEC.Lender, at Lender's option, may from time. to time remove Trustee and appoint a
<br /> •:':�',t .. . • successor trustee without any other formality than the designation in writing.The successor trustee, without
<br /> s":�`' • � conveyunce of the Property,shall succeed to all the title,power and duties conferred upon Trustee by this Security
<br /> r Instrument and a licable law.
<br /> �.;;s�.,.,;. pp'
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<br /> .�;':.f,,�� Z5. NOT[CE.Unless otherwisc required by law,any notice shall be given by delivering it or by mailing it by first class
<br /> -�-+::v�4�;` • mail to the appropriate party's address on page 1 of this Security Instrument,or to any other address designated in
<br /> -��'a."��` � wriung.Notice to one grantor will be deemed to be notice to all grantors.
<br />-;.�,'.; :._ _
<br /> T�_._, 26. WAIVERS.Bxcept to the extent prohibited by law,Grantor waives all appraisement and homestead exemption ng ts
<br /> �-'=��"?� • relating to the Property.
<br />��:�'.��;� -
<br />_�'"°":u 27. OTHER TCRMS.If Shecked,the following are applicable to this Security Instrument:
<br /> _.. :..�a�� —.
<br />--=t-''"'��' �XLine oi Credit.7'he Secured Debt includes a revolving line of aredit provision.Althoug�►the Secured Debt
<br /> --���''� may be reduced to a zero balance,this Security Instrument will remain in effect until released.
<br /> �`-'="�``�$' � Construction Loan.This Security Instrument secures an obligation incuned for ehe construction of an
<br />��"�-°`_'=$ improvement on the Property. --
<br /> ❑ E�xtare Filing.Grantor grants to Lender a security interest in all goods that Grantor owns now or in the _
<br />�r��sc� future and that arc or will become fixtures related to the Property.This Security Instrument suf6ces as a
<br /> _-=-_� F_ _
<br /> financing statement anA any carbon,photographic or other reproduction may be�led uf recor or purpases
<br /> -_ - of Article 9 of the Uniform Commercial Code.
<br />- -=�:� ❑ R[dere.The covenants and agreements of each of the riders checked below are incorporated into and
<br /> �,.P.�
<br />----�---� supplement and amend the ten:�s of this Security Instrument.[Check all applicable boxes]
<br />=-��---'-� ❑Condominium Rider ❑Planned Unit Development Rider ❑Other ^
<br />--ti�:�., .......................................................... _
<br /> --�:��.;;�� ❑ Addltional Terms.
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<br />=-.-- • SIGNATURES:By signing below,Grantor agrees to the terms and cove nts contained in this Security Instrument and in �_-._
<br /> a::�'.� ' any attachmeuts.Grantor also acknowledges receipt of a copy of this urity I ment on the dat ted on page 1. �-;;;____
<br />_ ��a_-
<br /> ` � • �^�=�
<br /> f` _-�. � 02/26/97 . . .. .. ... /26/97 � y��.
<br />� .. .... .................... ...rne�.i� �ce ��.�...1. ... ......................,nn�nnnn� •(Datc1 `tµ,
<br />- "'g1II1°�f °GA'EGORY J GUBRREKO ` '"' `-° �- ' ivSiri ir vu�nnanv �--
<br /> . � .
<br /> • ACKNOWLEDGMENT: N BaRASKA HALL
<br />� � STATE OF................... ...................................... COU�OF........,..............�'��tY1A�Y'............r'9�J7�ss, „
<br /> ,��d,wa��„ Tn�scl��i1���`c`����b"���'`'4�$�$c6��i��d;`���tr��YS���o��ga��61�'w"d�c�r;..�y���es��syoo�g��r•��c�..................
<br /> - OtLBR My commission expires:..................................���.................... .................................., ` . �.
<br /> �•
<br /> "' " � GENERAINOTARY•StdeolHedu►� (NotnryPubic)
<br />-- � SCOTT C.KISSLEH
<br /> - .>•,- ' 11p Comm.E�o.FGr 3l.1998
<br /> -- ' ' � O t89!Benke�n Gyiteme.inc.6t paid.t�AN It-0OOJ97•t1N�Fpm RE-0T•NE BI&BI (p3aB 4 OI 4)
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