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DEED OF TRUST <br />Loan No: 101251513 (COrltlrlued) 2 012 0 2 6 3� Page 9 <br />preempted by federal law, the laws of the State of Nebraska without regard to Its conflicts of law provisions. This <br />Deed of Trust has been acceptad by Lender in tha Stat� of Nebraska. <br />Choice of Venue. If there is a lawsuit, Trustor agrees upon Lender's request to submit to the jurisdiction of the <br />courts of Hell County, State of Nebraska. <br />Joint and Several Liability. All obligations of Trustor under this Deed of Trust shall be joint and several, end all <br />references to Trustor shell mean each and every Trustor. This means that each Trustor signing below is <br />responsible for all obligations in this Deed of Trust. <br />No Waiver by Lender. Lender shell not be deemed to have weived any rights under this Deed of Trust unless such <br />waiver is given in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right <br />shall operete es a waiver of such right or any other right. A waiver by Lender of a provision of this Deed of Trust <br />shall not p�ejudice or constitute a waiver of Lender's right otherwise to demand strict compliance with that <br />provision or any other provision of this Deed of Trust. No prior waiver by Lender, nor any course of dealing <br />between Lender and Trustor, shall constitute a waiver of any of Lender's rights or of any of Trustor's obligations <br />as to any future transactions. Whenever the consent of Lender is required under this Deed of Trust, the granting <br />of such consent by Lender in any instance shall not constitute continuing consent ta subsequent instences where <br />such consent is required and in all cases such consent may be grented or withheld in the sole discretion of Lender. <br />Severability. If a court of competent jurisdiction finds any provision of this Deed of Trust to be illegel, invalid, or <br />unenforceable es to any person or circumstance, thet finding shall not make the offending provision illegal, invalid, <br />or unenforceable as to any other person or circumstance. If feasible, the offending provision shall be considered <br />modified so that it becomes legal, valid and enforceable. If the offending provision cannot be so modified, it shall <br />be considered deleted from this Deed of Trust. Unless otherwise required by law, the illegality, inva8dity, or <br />unenforceability of any provision of this Deed of Trust shall not affect the legaliry, validity or enforceability of any <br />other provision of this Deed of Trust. <br />Successors end Assigns. Subject to any limitations stated in this Deed of Trust on transfer of Truator's interest, <br />this Deed of Trust shall be binding upon and inure to the benefit of the parties, their successors end assigns. If <br />ownership of the Property becomes vested in a person other than Trustor, Lender, without notice to Trustor, may <br />deal with Trustor's successors with reference to this Deed of Trust and the Indebtedness by way of forbearance or <br />extension without releasing Trustor from the obligations of this Deed of Trust or liability under the Indebtedness. <br />Time is of the Essence. Time is of the essence in the performance of this Deed of Trust. <br />Waiver of Homestead ExempUon. Trustor hereby releases and waives all rights and benefits of the homestead <br />exemption laws of the State of Nebraska as to all Indebtedness secured by this Deed of Trust. <br />DEFINITIONS. The foliowing capitaflzed words and terms shall have the following meanings when used in this Deed of <br />Trust. Unless specifically stated to the contrary, all references to doliar amounts shall mean amounts in lawful money <br />of the United States of America. Words and terms used in the singular shall include the plural, and the plurel shall <br />include the singular, as the context may require. Words end terms not otherwise defined in this Deed of Trust shall <br />heve the meanings attributed to such terms in the Uniform Commercial Code: <br />Beneficiary. The word "Beneficiary" means Five Points Bank, and its successors and assigns. <br />BoITOwer. The word "Borrower" means ELISEO CALDERON and JESSICA CALDERON and includes ell co-signers <br />and co-makers signing the Note and ell their successors and assigns. <br />Deed of Trust. The words "Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and <br />includes without limitation ell essignment and security interest provisions relating to the Personal Property and <br />Rents. <br />Default. The word "Default" means the Default set forth in this Deed of Trust in the section titled "Default". <br />Environmental Laws. The words "Environmental Lews" mean any and all state, federal and local statutes, <br />regulations and ordinances relating to tha protection of human health or the environment, including without <br />limitation the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended, 42 <br />U.S.C. Section 9601, et seq. ("CERCLA"), the Superfund Amendments and Reauthorization Act of 1986, Pub. L. <br />No. 99-499 ("SARA"), the Hazardous Materials Transportation Act, 49 U.S.C. Section 1801, et seq., the Resource <br />Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq., or other applicable state or federal laws, rules, <br />or regulations adopted pursuant thereto. <br />Everrt of Default. The words "Event of Default" mean any of the events of default set forth in this Deed of Trust in <br />the events of default section of this Deed of Trust. <br />Existing Indebtednass. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens <br />provision of this Deed of Trust. <br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodetion party to <br />Lender, including without limitation e guaranty of all or pert of the Note. <br />Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, <br />concentration or physicel, chemical or infectious characteristics, mey ceuse or pose a present or potential hazard <br />