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<br />Loan No �0002a4o D E Con�t nuedl 2 012 0 4 9 7 G page 7
<br />Time is of the Essence. Time is of the essence in the performance of this Deed of Trust.
<br />Watve Jury. All parttes to this Deed of Trust hereby weive the right to any jury trial in any action, proceeding, or
<br />counterclaim brought by any party against any other party. '
<br />Walver of Homestead Exemption. Trustor hereby releaseS and waives all rights and benefits of the homestead
<br />exemption laws of the State of Nebraske es to all Indebtedr►ess secured by this Deed of Trust.
<br />DEFINITIONS. The following words shall have the following me8nings when used in this Deed of Trust:
<br />Beneficlary. The word °Beneficiary" means Equiteble Bank; and its successors and assigns.
<br />Borrower. The word "Borrower" means GARY B MCWIILLIAM and SUSAN M MCWILLIAM and includes ell
<br />co-signers and co-makers signing the Note end all their sucv�essors 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 all assignment and security interest provisions relating to the Personel Property and
<br />Rents.
<br />Environmental Lews. The words "Environmental Lews" mean any and all state, federal and locel statutes,
<br />regulations and ordinances relating to the protection of human health or the environment, including without
<br />limitetion the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended, 42
<br />U.S.C. Section 9601, et seq. (°CERCLA°l, the Superfund Amendments and Reauthorization Act of 1986, Pub. L.
<br />No. 99-499 (°SARA°1, the Hazardous Materials Trensportat�on 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 />Event of Defeult. The words "Event of Default° mean any qf 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 />Guararrty. The word °Guaranty° means the guarenty trom �uarantor, endorser, surety, or accommodation perty to
<br />Lender, including without limitation e gueranty of all or part �of the Note.
<br />Hazardous Substances. The words "Hazardous Substan�es" mean materials that, because of their quantity,
<br />concentretion or physical, chemical or infectious characteri'stics, may cause or pose a present or potential hazard
<br />to human health or the environment when improperly used,l treated, stored, disposed of, generated, manufactured,
<br />transported or otherwise handled. The words "Hazardous Substances° are used in their very broedest sense and
<br />include without limitetion any and all hazardous or toxic substances, materials or waste as defined by or listed
<br />under the Environmental Laws. The term "Hazardous Substences° also includes, without limitation, petroleum end
<br />petroleum by-products or any fraction thereof and asbestos:
<br />Improvements. The word °Improvements° means all exqsting and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, fecilities, edditions, replacements and other construction on the Real
<br />Property.
<br />Indebtedness. The word "Indebtedness° means all principel, interest, and other amounts, costs end expenses
<br />peyeble under the Note or Related Documents, together ; with all renewals of, extensions of, modifications of,
<br />consolidations of and substitutions for the Note or Releted pocuments and any amounts expended or advanced by
<br />Lender to discharge Trustor's obligations or expenses �ncurred by Trustee or Lender to enforce Trustor's
<br />obligations under this Deed of Trust, together with interest pn such amounts as provided in this Deed of Trust.
<br />Lender. The word °Lender° means Equitable Bank, its successors and assigns. The words °successors or
<br />assigns° mean any person or company that acquires any interest in the Note.
<br />Note. The word °Note° means the promissory note datedl June 8, 2012 in the original principel amount
<br />of S 140 ,000.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of,
<br />refinencings of, consolidetions of, and substitutions for the promissory note or agreement. The maturity date of
<br />this Deed of Trust is June 8, 2013. '�
<br />Personal Property. The words "Personal Property" mean lall equipment, fixtures, and other articles of personal
<br />property now or hereafter owned by Trustor, and now qr hereafter attached or affixed to the Real Property;
<br />together with ell eccessions, parts, and additions to, all rpplacements of, end all substitutions for, any of such
<br />property; and together with all proceeds (including withnut limitation atl insurance proceeds end refunds of
<br />premiums) from any sele or other disposition of the Property.
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />Reel Property. The words "Real Property° mean the real prpperty, interests and rights, as further described in this
<br />Deed of Trust.
<br />Related Documer�ts. The words °Related Documents" Imean aIl promissory notes, credit agreements, loan
<br />agreements, environmental agreements, gueranties, security agreements, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other instruments, a�reements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />ReMs. The wocd °Rents means all present and future rents, revenues, income, issues, royalties, profits, and
<br />other benefits derived from the Properry. ,
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<br />Trustee. The waud�-°Trus#ee° means Equitable Bank (Grand Island RegioN, whose address is 113-115 N Locust
<br />St; PO Box 160, Grand�lslend'°NE 68$Q2=0160 and eny substitute or successor trustees.
<br />Trustor. The word "Trustor" means GARY B MCWILLIAM and SUSAN M MCWILLIAM.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS' DEED OF TRUST, AND EACH
<br />TRUSTOR AGREES TO ITS TERMS.
<br />TRU R: �
<br />X
<br />G RY B M ILLIAM
<br />.
<br />X Y� O'�2�J �
<br />SUS N M MCWILLIAM
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