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<br />fact by itself will not mean that the rest of this Deed of Trust will not be valid or enforced. Therefore, a court will
<br />enforce the rest of the provisfons of this Deed of Trust even if a provision of this Deed of Trust may be found to be
<br />invaBd or unenforceable.
<br />Successors and Assigns. Subjed to any IimitaUons stated in this Deed of Tnast on transfer of Trustor's interest,
<br />this Deed of Trust shall be bfnding upon and inure to the benefit of the parties, their successors and assigns. If
<br />ownership of the Property becomes vested in a person other than Trustor, Lender, without noUce 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 IfabiUty under the Indebtedness.
<br />Time is of the Essence. Tfine is of the essence in the performance of this D�d 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 followfng words shall have the following meanings when used in this Deed of Trust:
<br />Beneflciary. The word "Beneflciary" means Platte Valley State Bank & Trust Company, and its successors and
<br />assigns. , '
<br />Borrower. The word "BorroweP' means Robert D Real and includes all co-signers and co-makers signing the Note
<br />and all their successors and assigns.
<br />Deed of Trust. The words "Deed of TrusY' mean this Deed of Trust among Trustor, Lender, and Trustee, and
<br />includes without Iimitation all assignment and security interest provisions relating to the Personal Properly and
<br />Rents.
<br />Environmerrtal Laws. The words "Environmental Laws" mean any and all state, federal and Iocal statutes,
<br />regulations and ordinances relating to the protection of human health or the environment, including without
<br />Iimitation the Comprehensive Environmental Response, Compensation, and Liabitity 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 Transportatfon 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 applfcable state or federal laws, rules,
<br />or regulations adopted pursuant thereto.
<br />Event of Deiault The words "Event of DefaulY' 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 Indebtedness. 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 guaranry from guarantor, endorser, surety, or acxommodation party to
<br />Lender, including without Iimitation a guaranty of all or part of the Note.
<br />Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity,
<br />concentration or physical, chemical or infectious characterfstics, may cause or pose a present or potenUal hazard
<br />to human health or the environment when improperly used, treated, stored, disposed of, generated, manufactured,
<br />transported or otherwise handled. The words "Hazardous Substances" are used in their very broadest sense and
<br />include without limitatlon any and all hazardous or toxic substances, mate�ials or waste as defined by or Ifsted
<br />under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petroleum and
<br />petroleum by-products or any fraction thereof and asbestos.
<br />Improvements. The word "Improvements" means all existing and fiiture ImprovemenYs; buildings, s4ructures,
<br />mobile homes afflxed on the Real Property, facilfUes, addRfons, replacements and other construction on the Real
<br />Property.
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses
<br />payable under the Note or Related Documents, together with all renewals of, extensions of, modiflcatlons of,
<br />consotidations of and substitutions for the Note or Related Documents and any amounts expended or advanced by
<br />Lender to discharge Trustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor's
<br />obligations under this Deed of Trust, together with interest on such amounts as provided in this Deed of Trust.
<br />Specifically, without Iimitation, Indebtedness inciudes the future advances set forth in the Future Advances
<br />provision of this Deed of Trust, together with all interest thereon.
<br />Lender. The word "Lender" means Platte Valley State Bank & Trust Company, its successors and assigns. The
<br />words "successors or assigns" mean any person or company that acquires any interest in the Note.
<br />Note. The word "Note" means the promissory note dated March 30, 2012 in the original principal amount
<br />Of $20 fram BoROwer to Lender, together with all renewals of, extensions of, modificaUons of,
<br />refinancings of, consolidations of, and subsUtutions for the promissory note or agreement.
<br />Personal Properly. The words "Personal Property" mean all equipment, flxtures, and other artictes of personal
<br />property now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property;
<br />together with all accessions, parts, and additfons to, all replacements of, and all subsUtutions for, any of such
<br />property; and together with all proceeds (includfng without IlmitaUon all insurance proceeds and refunds of
<br />premiums) from any sale or other disposition of the Property.
<br />Property. The word "Property" means collect(vely the Real Property and the Personal Property.
<br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this
<br />Deed of Trust.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br />deeds, coJlateral mortgages, and a1J other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness. �
<br />Rents. The word "Rents" means all present and future rents, revenues, income, fssues, royalties, proflts, and
<br />other beneflts derived from the Property.
<br />Trustee. The word 'Trustee" means Ptatte Valley State Bank 8� Trust Company, whose address is 2223 2nd Ave,
<br />Keamey, NE 68848 and any substitute or successor trustees.
<br />Trustor. The word '?rustor" means Robert D Real and Jason D Real.
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