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<br />DEED OF TRUST
<br />Loan No: 11093393 (Continued� Page 7
<br />and co-makers signing the Note 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 limitation all assignment and security interest provisions relating to the Personal Property and
<br />Rents.
<br />Environmental Laws. The words "Environmental Laws" mean any and all state, federal and local 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 Liability Act of 1980, as amended, 42
<br />U.S.C. Section 9601, et seq. ("CERCLA"), the Supertund Amendments and Reauthorization Act of 1986, Pub. L.
<br />No. 99-499 ("SARA"), the Hazardous Materials Transportation Act, 49 U.S.C. Sec�fon 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 />Event of Default 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 />ExisUng Indebtedness. The words "ExisUng Indebtedness" mean the indebtedness described in the E�cisting Uens
<br />provision of this Deed of Trust
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or axommodation parly to
<br />Lender, including without limitation a guaranty of all or part of the Note. ,_ _._,. ,_ ._a
<br />Hazardous Substances. The words "Hazardous Substances" mean materials th�t, because of their quantity,
<br />concentraUon or physical, chemical or infecUous characteristics, may cause or pose a present or potential hazard
<br />to human health or the environment when improperly used, treated, stored, dispo��d ofi, generated, manufactured,
<br />transported or otherwise handled. The words "Hazardous Substances" are used in their very broadest sense and
<br />include wfthout Iimitation any and all hazardous or toxic substances, materials or waste as deftned by or Iisted
<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 future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, facilities, additions, replacements and other constructlon 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, modificaUons of,
<br />consolidations 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 enforc� Trustors
<br />obligations under this Deed of Trust, together wlth interest on such amounts as provided in this Deed of Trust.
<br />Specfically, without limitation, Indebtedness includes 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 8� 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 May 8, 2012 in the original principal amount of
<br />$52 from Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings
<br />of, consolidations of, and substitutions for the promissory note or agreement.
<br />Personal Property. The words "Personal Properly" mean all equipment, fatures, and other articles of pQrsonal
<br />property now or hereafter owned by Trustor, and now or hereafter attached or afflxed to the Real Property;
<br />together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such
<br />property; and together with all proceeds (including without Iimitation all insurance proceeds and refunds of
<br />premiums) from any sale or other disposftfon of the Property.
<br />Properly. The word "Property" means collectively 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, collateral mortgages, and all 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, issues, royalties, profits, and
<br />other beneflts derived from the Property.
<br />Trustee. The word 'Trustee" means Platte Valley State Bank & Trust Company, whose address is 2223 2nd Ave,
<br />Keamey, NE 68848 and any substitute or successor trustees.
<br />Trustor. The word 'Trustor" means Jeffrey S. Westerby and Jolyne M. Westerby.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH
<br />TRUSTOR AGREES TO ITS TERMS. � /�
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