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<br /> � � llNess othernise agreed in wtitmS•aU'st�urance pra�ds shall be dPpued to rhe restnradoa or repair of the Pnperty or to � ; ,
<br /> ` `� the Secured Debr, whethea ot aot then dae., at BeneQciary's opdon. Any aDplication of proceeds to prmcipal sbaU not < < .
<br /> : � extend or pos�one the due date ef che sched�lc�payutent nor c]�nge ths amount of any paym�t.Auy excess will be paid . '� �; '
<br /> � � w�e Granwr.If.the Prope�ty�s.a c q�u i r e d b�Benefzci�y,Trustor's�y t toany ins�ce policies aad pmceeds resuIting ' .
<br /> r° �• . fmm damage c o t h e Property b e f o r e acc�uisition shall pass to BeneEfci a ry to the extent of the Secured Debt immedia[ely � , ..
<br /> ' . . before the aaluisiflon. `�� •�
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<br /> � < ``� ZlD. ESCROW FOR TAXES�INStJRANCE• Unle.ss o�heawise�rovided in a sepaaase agreement,Trustor will not be �
<br /> -:=,P-<•.. �9��PaY to Beaefeciaty fimds for taxes and insurance in escco�v. . ,
<br /> f � -��� 22, glNAI�ICgAi,gEppRTS�1VD ADbI7'IONAL Dt3CUMENf3• Tnutor w�l provide to Beneficiary upon request, any . _ �
<br /> financial statement or infomtadon Beneficiary may deem reasonably nec�ary.Tn�tor ag►�es to sign,del�ver,and file aay
<br /> . . ad,didonal docnments or ceztific�arions that B a ee�ary.ma�rscia.�d�exss�Prop� �rnntinue,and preserve Grantor's �, , _
<br /> ' obtigatians under this Security�nstmment ticu►t�►
<br /> 22. JOIIVT AND IlVDIVIDUAL LIABII.jTYi CO�SIGNERS; SUCCESSORS AM).ASSIGNS�OUND.All duties under � '' ;�.`�`:
<br /> ... . ;� this Security Insuament are joi�.t and individual.If Truswr signs this SerurIty�t but does nni sign an evid�ce of ``�'"_=
<br /> ' � ' debt, Ttuswr does so oniy to mnrtgage Trustor's uuerest in che Praperty to secuce payment of the S�ured Debt and � .. _ �.,
<br /> ` � : "' Tmswr does nqt agtee[o be pprsonally liabte on.the Secured Deb� If this 5ecuri InstNment secures a guaranty between � •��__�•_
<br /> � BeneficiuY and'ftustor,T:ustoragrees to wsive any ri. ts that may pievent Beue�c'�azy from Uringing�ty actioa or ciaian ( ". -
<br /> . . against Truscos or any Qarty �ndebted usWer the ob��uon. 17sese righu maY inclnde, bat aie aot limited to. any
<br /> � ` � ani�-cjefcciency or one-acaon laws. Tn�stor a�rees[hat�eneficiary and anY P�Y to this Securiry,Insmunent may excead, •_.i
<br /> mo�y�or make ariy chaage in the terms of[his Secunty Instnsment or az►y evidence of debt anthout Tr�stor's consent. f -�-��"-
<br /> ' - ., . SucLL a ehange w�71 uot release Tmstor fcom the te�s ofthis Security Ius�um�t.T�dutie�and benefits of this S�t�ity " . '
<br /> � � Insaument shall bind and benefit tt►e successors�d assiga,of Tnutor aad Beaeficial.� �
<br /> 23. APPY.ICABLE I,�1W.3EVIItADIIdTY;B�P�ERPREPA'�iON:This Seauity Instn�meat is gavemed by tfle la�vs of ths `. , , -_
<br /> _ � �. ; jurisdiction in which BeneficIary is located;except to the elcteat othernise reqaired by�the laws of the junsdicdon where r. ' __ _ _
<br /> ;�;, t�e erty is located.Tiris 5ecuriry Insuumeat is com�l�ete aad fnUy iategrated.T�is Security tastciunent may uot be , ' L—
<br /> _ ., _ � a r mo d i f i e d b y o r a l a g r e e m e n t.A ny s e c t i o n i a t h i s S e s u r i ty f n s t,attachments.or an y a g r e ement related m .��•
<br /> r.�s
<br /> the Seciued Debt that canflicts with app li c a b le l aw wi l l not be e f fec tiv e u n t�t T�a t l a w e x p r e s s l y o r u n p l i e d t y p e r m i t s t h c ` .� .-� %;:�
<br /> � variations by wrIttea agreement.If any secaon of this Sewrity Instmmeni cannot 6e eaforced according to its terms,tbat
<br /> section wiA be severed and wU1 not a T fwx the enfarceabiliry o f the remainder of this Securiry Iasmunent.Nhenever us e d, , r�! �;:
<br /> . , � the singular shall imcJude the plural and the plural tbe singuiar.The captions and headings of the sectious of this Securiry � r,s,,�:
<br /> ' _ Insm�ment are for coavenience only and are not to be used w interpret or define t�e terms of thls Securiry Insuument. � � '��
<br /> � . � � T�e is vf the esseace in this Seauiry tnsuument. , `�`
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<br /> " ?�3. SUCCESSOR 7TtUSTEE.BenefcclatY, at Benef 's optlan, may from time to time remoee Tsustee and appoint a � f�- - , •
<br /> . . successor an�stee wtthout any othec fom�ali thaa th�ssi ua in wntiag.Tbe successor uussee,without conveyauce of � �
<br /> � ti�e Froperty, shall succeed to all the tiAe po�vec and ut�es conferred upon Trustee by this�Security Iamument aad � . �;..�'-�-
<br /> . , appl[cab'le taw. � . � 1�:��
<br /> • :S.NOrI'ICE.Unless othetwise tequired by taw,aay nodce shall be given by delivering it or by mailing it by fust class mail . � �
<br /> • to the apprupriate parey's address on page 1 of this Security Instrument,or to any other address designated ia writtng. . . ' .• :
<br /> ' ' �• Notice to one uustor mll be deemed to be notice to all mutois. a. y '
<br /> .. - .. .- `��r�`, _
<br /> _ : _ 26. WAIV�R3. Sxcept to the cxtent prohibiced by law. Trustor waives all aP2raisement and homestead exemption rights . '�__
<br /> � � relatiug to the Propeny. . ��:
<br /> . , �_�
<br /> � . 2?. O7'HER TERMS.Yf checked.the follawing are applicuble to this Sccurity Iusxumcnt: r , :��;,:.,�
<br /> .c,.. -
<br /> • O Liae of Credii.The Secured Debt includes a revolving line of credit pmvision.Although the Secured Debt may be �' "''�'{�
<br /> � ' reduced to a zem balance,this Securlty lastnuaent will remain in effect until released. �:.►��~
<br /> � ❑Coastractlon Loan.This Se�vrity Instrumeat secures an obiigatioa�ncumed for the construction of an iraprovement ,;�:
<br /> . on the Property. �-
<br /> , � ,. �F�e FYling.Tn�stor ganta to Beneficiary a secori�y interest in�all goods that Grantor owas now or in the future . . . ��� '�i;��=
<br /> and that are or will become fi.:tures reiate� to the Propecry. 'fhis Secnriry Insttumeat suffsces as a fiaancing ;.,:..,.� „ �;
<br /> � ' statcmcnt aud any cazbon,photograghic oz other reproductian may be filed of record for purposes of Article 9 of the ' .. .�;,,,.�.,.._.,�,�._�,
<br /> : ' .. .1 Unifonn Commercial Code. � � ,
<br /> . � ❑Ridecs.The coveaanu and agreements of each of the ride�s checked below aze incorpozated into and supDlea►ent and ..� . � .
<br /> ° � � ' amend the terms of ti�s Secnriry Instrument.(Check all applicable�oxesJ ' . . ,.
<br /> • � - ' � ❑Condominium Rider ❑Plaz►ned Unit Development Rider O Other............ .................................. . ' . . .
<br /> �. .'< Q Addittonal Terms. � ' � � � � ..
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<br /> � .. SIGPiATUIaES:By sigaing below,Trustor agrees to the terms and covenants contained in this Security Insnument and in any � � , '
<br /> attachments.Trustor also acknowiedges receipt of a copy of this Sec+arity Instrument on the date stated on page 1. • �
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<br /> � fSiBnanro)PSUl A z' �an) fSignacurc) SU9aI1 P, Leeper ate) ' �
<br /> `� , � ACKNOWLEDGMENT:Nebraska Douglas / • � �
<br /> . S'tATE OF .............................................. . COU N)'}��F ....... / ..I.1.Q�.. ................ .} ss.
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<br /> � � '1rdi"�"'' This instrument was acknowledged before me this /( ..day oi../.�fllr.�c t •••••••• �•
<br /> . bY .Paul A Leeper;. Susan.P Leopor..............•.................... ... ............................. . •� ' .
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<br /> � ' • My commission expires: � ��. , .
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<br /> �s�,� ./,G�".L � .
<br /> �� • Gf�ifAAt NOTAA�StateotNeOUSta """"""""���'�
<br /> .. .. otary CuN�c) •
<br /> 11. MARK F.BRlfNOI ' �
<br /> � ' � '�1994 Bantero Sys�eme.Ine.,51 C�uu 3�tOQ�i�T�l�1C�}f p�i�A� s lpaga 4 of 41 . _
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