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<br /> Unless otherwise agreed in writing,all insurance proceeds shall be applied to the rt�storatiun or repair of the Property ' f.-
<br /> • or to the Secured Debt,whether or not then due,at Lender's option.Any aRpl'scation of procceds to principal shall not . � •�t=.
<br /> emend or postpone the due date of the scheduled payment nor change the amount of any payment.Any excess will be ' ��—
<br /> paid to the Grantor. If the Property is acquired by Lender.Grantor's rght to any insurance policies and proceeds , �
<br /> resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt , _
<br />- immediately before the acquisiUon. '' . ' �—
<br /> 20. ESC�OW FOR Tt'eXES AND II�iSL`RANCE.Unless otherwise provided in a separate agreement.Grantor will not ••` �
<br /> be required to pay to Lender funds for taaces and insurance in escrow. � ° • �:
<br /> - 21, FI1dANCIAL REPORT'S AND ADDITIOPIAL DOCUMEN'1'S.Grantor will provide to Lender upon request,any
<br /> financial statement or information Lender may deem reasonably neeessary.Grantor agrecs to sign,deliver,and 61e _ �_ _ .. _ __ '•_*�:
<br /> � any additional documents ar certifications that Lender may consider necessary to perfect,continue,and preserve , R
<br /> • Grantor's obGgations under this Security Instrument and Lender's lien status on the Property. ,
<br /> " 2'L, JpIlV'd'APID INDIdIDUAL LIABIL[TY;CO-SIGNERS;SiJCCESSORS AND ASSIGNS BOUND.All duties .
<br /> under this Secwity Insuument are joint and individual.If Grantor signe this Security Instrument but does not sign an _ ,:. � : _
<br /> • evidence of debt.Grantor does 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 personaily liable on the Secured Debt. If this Security Instrument . `;y}�i_^-.'�
<br /> secures a guaranty between Lender and Grantor,Grantor agrees to waive any rights that may prevent Lender from -� , . ..:� _
<br /> � bringing any action or claim against Grantor or any party�indebted under the obligauan.'These rights may includ�.but ,. �, `__��_�-
<br /> are not lunited to,any anti-deficiency or one-action laws. Grantor a�ees that L.ender and any party to this Security •�� ' "�- -
<br /> ::..�-R,-S�--T-;.____
<br /> Instrument may extend,modify or make any change in the terms of this Security Instrument or any evidence of debt :,i-� � _
<br /> without Grantor's consen�Such a change will not release Grantor from the ternu of this Security Insuument The � ��; �
<br /> dulies and bene5ts of this Secutity�nstrument shall bind and benefit the successors and assigns of Grantor and Lender. . `'?-`•�� . � °
<br /> .�"'_'.`��-
<br /> ` 23. APPLICA�LE LAW;SEVERABII.ITY;IIVTEidPHtE'H'.�TION.This Secunty Instrument is governed by the laws of � ���,��,-
<br /> , the jwisdiction in which Lender is located,except to the extent otherwise required by the laws of the jurisdiction • . .�~4..;r_
<br /> . . _�..:.�r..::-
<br /> where the Property is located.This Security Instrument is comp�ete and fully integrated."3'his Security Instrument may _ ��_
<br /> ` not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any •��-�'��r
<br /> , agreement related to the Secured Debt that conflicts with applicable law will not be effective,unless that law expressly . .�-..�:�;�' �—
<br /> or impliedly permits the variations by written agreement_!f any section of this Security Instrument ca�ot be enforced � _
<br />. according to its terms,that section will be severed and will not affect the enforceability of the remainder of this
<br /> Security Instrument.VJhenever used the singular shall include the plutal and the plural the singular.The capuons and _.•`: .'.�' � ,;��;. __ .
<br />� headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or .•� .:-rk; ��:. � , .
<br /> define the terms of this Security Instrument.Time is of the essence in this Security Instrument ti��t= :�
<br /> • ?A. SUCCESSOR TItUS'I'EE.Lender, at Lender's option. may from time to time remove Trustee and appoint a ;�;� �;r,::: ;. _
<br /> " successor trustee without any other formality than the designation in writing. The successor trustee, without �'";s�� - —
<br /> conveyance of the Property,shall succeed to all the title,power and duties conferred upon Trustee by this Secwity ^-,� _ ,; - _
<br />� . Instrument and applicable law. '��� �� " —
<br /> � 25. NOTICE.Unless otherwise required by law,any notice shall be given by deGvering it or by mailing it by fust class •�,'"^"�'• "..�'`', ,_
<br /> mail to the appropriate party's address on page 1 of this Security Instrument,or to any other address designated in r��;� :�• --
<br /> «�riting.Notice to one grantor will be deemed to be notice to all grantors. - � f� _
<br /> Z6. VI+AIVERS.Except to the extent prohibited by law,Grantor waives all appraisement and homestead exemprion rights . �t `f —
<br /> � relating to the Property. _ '-.
<br /> 27. OTI�R TEIiMS.If checked,the following are applicable to this Security Instrument: ,,j�.,_��
<br /> • "( f� Liae oi Credi�The Secured Debt includes a revolving line of credit provision. Although the Secured Debt _ _
<br /> , °; may be reduced to a zero balance,this Security Instrument will remain in effect until released. `.�.u�a.�:`'�
<br /> , .�; C Constracdon Loan.This Secnrity Instrument secures an obligation incurred for the construction of an .,:�."-=�"°`�__.--�--
<br /> . � improvement on the Property. _ -
<br /> , ❑ Fixture F�ing.Grantor grants to L.ender a security interest in all goods that Grantor owns now or in the
<br /> ;�; future and that are or will become fimures related to the Property.This 5ecurity lnstrument suffices as a �__�-Y-- '
<br /> :,i flnancing statement and any carbon,photographic or other reproduction may be filed of record for purposes '�':,_,r,.T�.
<br /> 1«•:.. :. �sr, �:._
<br /> � �; of Article 9 of the Uniform Commercial Code. • '^'�`'�� "°"
<br /> � ❑ Riders.The covenanu and agreements of each of the riders checked below are incorporated into and �;:y r �
<br /> � supplement and amend the terms of this Security Instrumee�t.[Check aA applicable boxes] •��.._.'��
<br /> � : "� .
<br /> . , �. ..•.:�,:��,. ---. —__
<br /> � �` � ❑Condominium Rider ❑Planned Unit Development Rider ❑Other......................................................... .
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<br /> ❑ AddittonalTerms. �'''�'""'"'�" ��,_
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<br /> ' SI�NATURES:By signing below,Grantor agrees to the terms and covenants contained in this Security Instrument attd in � �.�:�;-- � --.
<br /> �- any attachments.Grantor also acknowledges reccipt of a copy of this Security lnstrument on the date stated on page 1. :r
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<br /> .� ...........
<br /> , � 03/17/97 ,1�.r.�a:�:�:..a°..!El.e�:�v�...................... . .
<br /> � 03/17/9 .
<br /> . .. .. ...L.f:�...... ....................................................... ......... �
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<br /> � i ature) (Date) (Signature) DARLENE L HEUBR (Datc) . __._.
<br /> '• JOHN A H$UER �� : --
<br /> ;
<br /> • •� ACIWOWLEDGMENT: .
<br />� � STATE OF NBBRASKA Cpi'NT OF HALL ............................ ss. F
<br /> ; .............................................................. ........_.................. —
<br /> -'{ ri�a�ha��n This instrument was acknowled ed before me this day of........��CH 1���y.
<br />� �: by JOflA,A ABOEB AD D11ELBAB,L H%O�.,flQS�lIAD.AAD,iiIYB.:................... ............................._........................................ . � ' -
<br /> .... .. • .
<br /> � ..................... ............ ... . �
<br /> iVly com 'ss'o e i �
<br /> �c9lNERAI tlO1ARY•Slate of Nebrast� ... . . .. . ry -......................... . '
<br /> , ��KATHIEEN A.SCHUCf41ER (Nota PublicJ , _
<br /> My Comm.6p.Mar 2Y,2tl00
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<br /> 0t994BankonSystome.mc.5�CbW.MN 1�-604397�73at)Fom+RE-OT�NE B18194 (pageao�a) �-�-�..--�–.—�
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