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<br /> , ` `r'. U�oifierarise a in writin all insurance shall be applied ta the restorat�o�or rep�of the�roperty ''4� - .� '
<br /> • S �4 . or to t6e Secured De�b�witeihcr o nat Wen due.a�'s option.Any application of praceeds to principal shall not _ ���' �� s� �
<br />�- eactend or pnstpone the due date of the schedWed payment nor c hange t he amount of any payment.Any excess will lse , ` � ��'.
<br /> . • ` ' . � paid to the Grantor.If the Property is acquired by Leader,Grantor's right to aay insurance policies and pmceeds .<.•�: . ,
<br /> ��:` resuiting from damage to the Property before the acquisition shall pass to Lender to the extent of tlte Secured Debt , �, �" ' .�.
<br /> `- ���
<br /> ;• immediately before the acquisition. ; : .
<br /> `' ``` ` ZO FSCROW Fplq T�S Ai�Tp INSUR�#NCE.Unless otherwise provided in a separate agreement,Grantor will not � � . , - -
<br /> . ��:.� -.
<br /> ,.: _.y--Y,�..,.. be requined to pay to L.ender funds for fases and i�utance in escrow. ���� � .,�: ..
<br /> _ ..� .�_ ... ; , �_ . ..
<br /> .
<br /> 2L FJATANCIAL REPORTS AND ADDYfdOPTAL Da�9;:UMEPTi'S.Grantor will provide to Lender up�n request.any
<br /> ' `Y-� 6nanc�ai statement or informadon Lender may deem reasonably necessary.Grantor�rees to sign.deliver,and F�lr --- �:�=-�
<br /> � � ' any additional documents or certificarions ffiat Lender may consider necessary to perfect,continae.and preserve �;�..
<br /> � Grantor's obligations undelr ffiis Security Instrument and Lender's Gen status on the Properry. ' � .� . ;
<br /> . , 2Z JOYPPC AND YNDIV�UA�.LIABILITY;CO-SIGPJERS;SOCC�SSORS AND ASSIGNS BOIJND.All duties ` .< . .�?`'��_�. ,.`��,
<br /> -- - ---��Y��� under t6is Security Inshvment are joiat and individuaL If Grautor signs this Secnrity Instruraent but does not sign an . .
<br /> ' - _ ;�-�-k evidence af debt,Grantor does so only to mortgage Grantor's interest in tlie Property to secure payment of the '. •"�_ ...�`�''�i
<br /> Secured Debt and Granior does not agree to be peisonalty liabte on the Seaued Deb�If this Security Instrument .. �"�
<br /> . . � �' � sectares a gnarauty between Leader and Grantor,Grantor a�to waive any rights that may prevent Lender from �-�'- �-`�.�
<br /> ' bringing any action or claim against Granior or any pariy inde6ted uader tiie obligation.These rights may include,but "' __'Y
<br /> � � are not limited to,any anti-deficiency or one-action laws.Grantor agrees that Lender and any party to this Security ` .�.
<br /> � Instrument may exteud,utodify or make any change in the temu of t6is Security Instrument or any evidence af debt
<br /> � ' - � a+ithout Granto�s consent Sucb a change w�l not retease Crrantor from the terms of this SecuritS+Instrumen�The -
<br /> • � � ' ` duties and beneftts of this Security Instrwment shall bind and benefit ttte successois and assigns of Grantor and Lender. ' . -_-
<br /> . • _ 23` APPLICASLE LAW;SEVERABO�TY;II�EtiPRETATION This Security Instnunent is govemed by the taws of �;�;.:,: :.�-.�.;=-_-
<br /> � �- - the jurisdidion in which L.ender is tocated,except ta the extent otherwise required by the laws of the jurisdidion •�f "`-:-
<br /> � ,. •` , . . �:��
<br /> = � � - '�� �:: ahere the Property is tocated'This Secasity Instrument is complete aad fally integrated.This Security Instrument may .: s•::;,_:_�-
<br /> ' � � � not be amended or madified by oral agreement�Any section in this Security Instrument, attachments,or aay _,_
<br /> . • ' � agreement related to the Secured Debt that conflicts wiW appticable taw will not be effective,unless that law expressly �. ` �
<br /> . or impliedly Qermits the variations by written ageement.If any secxion of tlus Security Instntment cannot Be enforced ` �'�•' ���
<br /> '� according to its terms.that section will be severed and will not affect the enforceability of the remainder of this �� :.. `��.=�Z=�--�"�'
<br /> �� � Security Insuument Whenever osed,the singeilar shal}include We plural and the plural the singular.The capiions and �°--�-
<br /> � �,,±�; heading4 of the sections of this Security Instnunent�re for convenience only and are ttot to be used to interpret or `� ���-
<br /> , � - •- define the terms of this Security InstrumenL Time is of the essence in this Security Instrument. a���
<br /> ?� 3iJCCESSOR TRUSTEE.I.ender,at Lender's option,may from time to time remove Trustee and appoint a �' '�'���-:�=
<br /> �1 • � - successor trustee without any other formality than the designation in a+riting.The successor trustee,without . . _
<br /> �-��� � . ' conveyance of the 1'roperty,shall succeed to all the title.power and duties conferred apon Trustee by this Security _' _-
<br /> • • � Iastrument and applicable law. � '�"
<br /> :.. �a;:
<br /> • � ZS. NOTICE.Unless oWerwise required by law,any notice shal!be given by delivering it or by mailing it by fust class � ,`•��
<br /> ,'.;��•.
<br /> . ��,.� �. mail to the appropriate party's address on page 1 of this Security Insmimen�or to any other address designated in , : ,���:__
<br /> , �. . " writing.Notice to one grantor wiIl be deemed to be notice to alt granto�s. �, —
<br /> � � ����` Z6. WANEId3.Except to the extent prohibited by law,Grantor waives all appraisement and homestead exemptiott rights ���: =�'
<br /> , ' . relating to the Property. ��c`�`=
<br /> � . . . Y1. pTHEId TERRdS.If checked,the following are appGcable to this Security Instrumen� , "�''°'=�-
<br />. ' ' C��.ine of Credlb The Secured Debt includes a revolving tine of credit provision.Although the Secured Debt . �"y`-""
<br /> • '. � . ' may be reduced to a zero balanoe,this Securiry Instnunent will remain in effect until released . a�
<br /> , , ' , ❑ Coastractlon Loan.This Security instrucitent secures an obligation incarred for the construction of an � ����-
<br /> • � , improvement on the Property.' ��' _-�
<br /> .�-••�'_[�f_SF.
<br /> -• ❑ F�Ctare Fitingr Grantor�anu to Lender a security interest in all goocis that Grantor owns naw or in the . _
<br /> - - � future and that are or will bewme fixtures related to the Property.This Security Instrument suffices as a _ - _-
<br /> : , � � financing statement and any prbon,photographic or other reproduction may be filed of record for purposes " -._ _ -
<br />_ ' . of Ar�icle 9 of the IJniform Commercial Code. ' � •,•�°�
<br /> � ❑ Ridera The covenants and agteements of each of the riders checked below are incorporated into and � � . '"''
<br /> :.•
<br /> �, ' supptement and atnend the terms of this Security Instrument.[Check all applicable boxesJ :� . ;
<br /> _.... : • •
<br /> :. . ❑Condominium Rider ❑Planned Unit Development Rider ❑Other.......................................................... • • ' • -
<br /> � . � Additional Terma . � • • ..
<br /> • . =G. e
<br /> - .. Si . � �, '
<br /> � .
<br /> �,': � . ' SIGNATURES:By signing belaw,Grantor agrees to the terms and wvenants contained in this Security Instrument and in ,. �
<br /> � . " ' any attachments.Grantor atso acknowledges receipt of a copy af this Security Instn�ment on the date stated on page 1. . �
<br /> ;
<br /> ...
<br /> a . , , �
<br /> � ' �, ` 03 09/98 `/ �1r`�f..� � 3/09/98 �
<br /> �� . ; .........................................�.......... �� ' � ........... .. _ � .
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<br /> . . .... ........ ............... . . .,�,�.dLL�fr�C.r... ....... .1��,,.. .......... . � . .
<br />, . ( ignature) DANIEL L SL�IM (Date) (sign�tureJ MICHELLE C SEIM (Date) .
<br /> ' � � ; ACIINOWLEDGMENT NEHRASKA HALL •
<br /> :� � " � STA'I'E OF..............................................................COU�Ij7'�f OF.....................NFAR��i.................�99$��: . . . .
<br /> :.� '
<br /> a�a��a��n Thisp,���►c�2�16�7@f�R�ui EC���,e�S9A+�d1d11S�IfE:... .day of.
<br /> _;_ • . � My commission expires:...............................................��.......... . .. ........ ._................. • : .
<br /> .. (Seal) ....����. „it.:.��.................... ' '
<br /> _ . , (Nota ic) .
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<br /> • , . � i GfNfAAtNOTARr�StateolNeprasla •
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<br /> --- •- faws�Di.lnHOSfK -�-__�,-� -
<br /> 0 t990 Bankoy Systomy mc.S�GouO.GN{t-OOp397�?3411 Fortn H6Di NE BBAO (page 4 ol4i - � -.-
<br /> . � . : INrCemm E,P Oct 11.1999 ' i .. '
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