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<br /> L. -. � , LTWess odceacise agreed in writin�,a1!insutantepro�s�tl be L��plied to the sesYnsatiou or repair of the Property or to � ; : ,,: . < •
<br /> �' the Secur�cl Debt. �vhether oa aot then due.at Deneficiary's up4on. Any application of pmceeds W principal shalt not J :�:�, ,' : .
<br /> �?��. • ' � ext�nd or posfpons the due date o f t t t e sc L e�l u l e c!payme n t mr c L a n ge the amount of a�r pa y niettt.Aay excess wi11 be paid ; -
<br /> ".a w dte Gr�rstor. If the Property�s aa�uired bx Dene�ic"jary.Tmstor's n g h[to:wy insvrante�licies and roceeds resviting
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<br /> ' •'� ,��. " from�mage t o t h e�r op e i t y 6 e f o r e t h e acq w�i t i o n s�a�l I r�.�c o 8 e n e f i c i a ry s��the ra�teat o the Secwred�ebt immediatelY -� �<
<br /> � is�fare the acquisirion. , '
<br /> � 20. ESCEtOW FOR TAJ�S AND INSURANCE. Unless adirnvi�provided in a separate agn.�eat, Tn�stor wil! aot be •• �`:``:`�_
<br /> . ` ruquired ro pay to Beneficiary funds for�uces ancl iusvrsncr in escmw. ' „. :
<br /> �� 21. FIIYANCIAL REPORTS AND ADDITIONAL DOCUMENTS.Ttustor will vide to Beneficiary upon request, any _ _
<br /> . . -- l hvancial a-tatement or infoxsuation 8enefr.,iary may,deesn reasananly r�cessacy.�n�stor a�rers ta sign,deLver.and fite aa�r .� f '�._ ..
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<br /> ,�° . °•:# addidonal dacuu�enr or cenifications tl�at Bcnefi maY comider necessary to perfece.cont�uue,and presenre Gzantor s . -
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<br /> £;� • . obligations under this Security Instn�ment a�td Bee.eficiary s lien sfiatos on d�e Propeny. ' ' �. -
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<br /> . 22.JOINT A1VD INDIVIDUAL LIABILITYi CO-SIGNERS;SUCCGSSU1tS ANf�ASSIGNS BOUND;All duties under . ' � ; .
<br />���. - this Secauity Instcument are joint and iridividaal.If Tn�s�or signs tl�is Security Imtrament but does not s�gn an e�vidence of � .4`.��',`:: �
<br /> �. . . � debt, Tcustar daes sn onty to mortga�e Trostors ircterest in dv:Prope�rty secare payment of the Secured Debt and :� f ;''< . .
<br /> _ • . . ' TiusWr does not agree to he pe�conally liable on titr Sec�recl.Dab�L°tlsis-Se utity�nctr�n+±r±±►��a�ty betweeit • .
<br /> '+ '�? Beneficiary and Ttnsmr,Tn�stor ag�s ta waive any � ts tlutt maq prevent Aeneftc'�aty from bringing anY acmm or claim .. .f ,� :-
<br /> a$a i a s�t Tmsmr or any p a rt y 'nde6 � inclade, hut are not limitnl to. any , "•;;,:'�.
<br />''`�� . ` ', , • � ted under the ab i atioa 79iese rig�s maY
<br />'-;: , auti�tefieiency or one-acaon laws.Trati-tor agnrs t h at�eae f cciary��Y P�t o t q i s S e c.v ri ty,i n s t r u m e n t m a p e x t e n d, .- :.
<br /> ` • mo d i f y or make an y cbang e in the teim:of thi's Ser,urity Inst�unuxut or any evideuce of deht azthaut Tzustor's wnseut. , f-�.-.
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<br /> �� Sucli a change���vill not re lease Tcastor from the temos o f this Secgnty In�omment.T i ie d u t ies a n c!hxw.fi t s oi t h i s Secari ty . .•��
<br /> _ � L�sa+mmenc s i u l ltind and 6edeSt thC successo{s and assigay af Trastor and BeueHcial. --
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<br /> , � Z3. APPLICASLE LAW;SEVERA�ILI�'1`,!.'1iTERPR�TA'ilON.'Chis S�cafity,ii�swaeent is govemeu by the laws of the . `
<br /> �� '... � .` _ jurisdictian in wluch Beneftciary is located,except to the extent otlierwise requu�d by�the taws of the jmasdiction where �_� ; ;
<br /> - the Pioperty is located.This Secarity Instrument is comp�iete asd fiilty inregrated. This S�arity Insuvment may not be ` , __
<br />�=� • .. ' : . awended or modified by aral ageement.Anp section in ttis Security, attachments.or any,agreement related w , „ '..,_
<br />_;,+ '� �� . ',.'..� th�S�cuted Debt tLat conAicts with applicable taw will not be effecuve,��1aw expr�sly or unptiedly pemms the :=::�_._
<br /> • vasiatinns by written agreement.If aaS•secdan of this Secari Inst�uwent c�nnot be enfom,ed accordin�to its tem�s.t1�at ` '�` ��
<br /> •�i�`: sacdon will be severed and adll not a��t the enforoeahility o�the remainder of this Security losuumen�Wheaever used, . _ .;� .�,,:y
<br /> �<, . � the singular shail irulude the plural and the pluiat the singular.7Yie capxons and headings of the sectioas of this Seauity � �r;:>;�.
<br /> ;T _ inst�ument are for oomeaience only aud arc unt ro be used to interpret or defin�the terms of this Sec.vrity Insaunient-
<br /> '`- _ Tfine is of the esseace in this Security lnttrumeiu. . °�:���":-
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<br /> ; , 24. SUCCESSOR TRUSTEE. Beneficiary, at Benefi ' 's option,,u�ay,from time to ume remove Trustee aad appc�isu a • . _ -_
<br /> �, _ :r�, s�iccessor tiustee without any other fonnalitp t6an th�esi don u►wnting.The suecessor m�stee without conveyance of . ' . � _
<br />.���� the Property. shalt succeed to all the ade. power and uties conferred upun Trustee hy this S�ecncity Instnunent ausl ,, �.• : ..r�,
<br /> ��s;. . applisable law. . . . ;;---
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<br /> • 25. rOTICE.Unless athenvise required by 1:►w,auy nciticx shall bc yiven by delivering it or by u�ailing it by fust class niail —
<br /> '. ' ta the appmpriate p�r�y's acidress on page 1 uf�his Srciuity Ina-tcument.or to auy ather adcit�ess designated in writing. '�'..e.:
<br /> . rotice to on:.tmstor wtll be deemed ro be notice to all tnistors. �"�
<br />°_;.." Z6. WANER�. Exceps to the extent pmLibited by law, Tnistor waives all appsaisemant aud homestead exemptiou rights -: - _-
<br />-: �,-- .. -�- - relating to the pcoperty. , '�z.
<br /> . . . 2?. OTAER TER1hYS.If cfiecked,the follnwing are applicabte to tbis Secacity tati'trnment:' � . n"•`'
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<br /> �,�.i �Line of Credi�'I7ie Secured Debt includes a revoiving.line of.credit provisioa.Although tlie Secured Debt may be � �_��
<br /> � ncluced to a zeru balance.this Securiry Instmment will rrmain in effea until relraseA. � —
<br /> . '� � . , • . O Coastructia�ai Loan.`'I'his Seauity Imm�ment secares aa oblibation incarred for the wnsnuctlon of an improvcmont ''.• . ""
<br /> ; ' oa the Property. . . . . . - . '
<br /> _ � . �!Fixhire Filiug.Trustor�ants to Beueficiary-a securiry iuteiest in all guods that Gsautor�wns uow.or in tLe fnwre
<br /> • and that are or will beeome fnctures relatecl w the Praprrty. This Security I�stivment.snffiees as a fiaanein8
<br /> ' . statement and any carbon,photagaphic or'other repmducaon may be 82ed of recorcl fos putposrs of ArtieIe 9 af the •
<br /> '''�:y `-•� , � ,� Uniform Comraercial Code. . :. '. �" :- . .-.
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<br /> � ; ❑ltiders.The covgnan[s ancl a�ee�uenu of each of the riders checkecl below are ineoipoiated inta and sdpplement and � .
<br /> - . ' amend the terms of this Security Insuuaien� (Check all appticable boxea) . . '
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<br />.., . ' _ ; . ❑ Condominium Rider O P1ann�d.Unit D�velopmenc Rider ❑O�her..............�........................,.......... • _ :.
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<br /> , '�� 0 Addittonal Terms. • , �, ��
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<br /> , . SIGNATURES:By signing below,Trustor agrees to the[erms auJ wvrnants wntainecl in this Securiry[nstrument aw1 u�any ' � •
<br />- . atsachments.Trustor also acknuwterigee receipt of a copy of this Security Instnunent on the date stated on page 1. � .
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<br /> . ts;�u,n�P il ig D Horak cu�c�� cs��,�c��� Linda Susan Horak � � � .
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<br /> '��� �� � ACKNOWLEDGNiENT: '
<br /> - ! � STATE OF�..Nebraska.......................... . F.FIall .... . .}ss. .
<br /> .�.. . �o�� .�� .�. .�9�::.....
<br /> �' � � � i1i°1r1°"'"" Tl�is instrument was acknowledgeJ before me ths..... � .....day of.. �f'.C. �
<br />_ - • � by ..Phi111p.D FIorak_.Linda.Suaan.Horak.......................... ... .. ...._.................••
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<br /> + • � ' ` My cummission expires: 2�_
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