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201207515 <br /> DEED OF TRUST <br /> Loan No: 81007214 (Continued) Page 7 <br /> shall not prejudice or constitute a waiver of Lender's right otherwise to demand strict compliance wRh 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 TrustoY's o6ligaTions <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 to subsequent instances where <br /> such consent is required and in all cases such consent may be granted 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 illegal,invalid,or <br /> unenforceable as to any circumstance, that finding shall not make the offending provision illegal, invalid, or <br /> unenforceable as to any other circumstance. lf feasi6le,the offending provision shall be considered modrfied so <br /> that it becomes legal, valid and enforceable. If the offending provision cannot be so modified, it shall be <br /> considered deleted from� this Deed of T�ust. Unless otherwise required by law, the illegality, invalidity, or <br /> unenforceability of any provision of this Deed of Trusi shall not affect the legality,validity or enforceability of any <br /> other provision of this Deed of Trust. <br /> Successors and Assigns. Subject to any limitations stated in this Deed of Trust on transfer of Trustor's interest, <br /> this Deed of Trust shall 6e binding upon and inure to the benefit of the parties,their successors and assigns. If <br /> ownership of the Property becomes vestetl in a person other ihan 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 /> Waive Jury. All parties to this Deed of Trust hereby waive the right to any jury trial in any action,proceeding,or <br /> counterclaim brougM by any party against any other party. <br /> Waiver of Homestead Exemption. Trustor hereby releases and waives all right5 and trenefits of the homestead <br /> exemption Iaws of the State of Nebreska as to alI Indebtedness secured by this Deed of Trust. <br /> DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this Deed of <br /> Trust. Unless specifiically stated to the contrary,aIl references to dollar 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 plural shall <br /> include the singular,as the context may require. Words and terms not otherwise defined in this Deed of Trust shall <br /> have the meanings attrihuted to such terms in the Uniform Commercial Code: <br /> Beneficiary. The word"8eneficiary"means Equitable Bank,and its successors and assigns. <br /> Borrower. The word "Borrower" means GOODWILL INDUSTRIES OF GREATER NEBRASKA and includes all <br /> co-signers and co-makers signing the Note and all their successors and assigns. <br /> Deed of Trust. The words "Deed of Trust" mean this Deed of Trust amo�g Trustor, Lender, and Trustee, and <br /> includes without limitation all assignment 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 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 /> limitation the Comprehensive Environmental Response, Compensation,and Liability Act of 1980,as amended,42 <br /> U.S.C.Section 9601,et seq. C'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 1807,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 Default"mean any of the events of default set forth in this Deed of Trust in <br /> the events of default seciion of this Deed of Trust. <br /> GuaraMy. The word"Guarenty"means the guaranty from guarentor,endorser,surety,or accommodation party to <br /> Lender,including without limitation a guaranty of all or part of the Note. <br /> Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, <br /> conceMration or physical,chemical or infectious charecteristics,may cause or pose a present or potential hazard <br /> to human heaRh or the environment when impropedy 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 limitation any and all hazardous or toxic substances, materials or waste as defined by or listed <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 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, modifications 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 o6ligations 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 limitation, Indebtedness includes the future advances set forth in the Future Advances <br /> provision, together with all interest thereon and all amounts thai may be indirectly secured by the <br /> Cross-Collaterelization provision of this Deed of Trust. <br /> Lender. The word"Lender"means Equita6le Bank,its successors and assigns. <br /> Note. The word "Note" means the promissory note dated September 10, 2012. 111 the original principal <br /> amount of $1,200,000.00 from Trustor to Lender, together wiih all renewals of, extensions of, <br /> modifications of,refinancings of,consolidations of,and su6stitutions for the promissory note or agreement. <br /> Personal Property. The words "Personal Property" mean all equipment� fixtures, and other articles 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 additions to, all replacemenYs of, and all substitutions for, any of such <br /> property; and together with all proceeds (incWding without IimitaTion all insurance proceeds and refunds of <br /> premiums)from any sale or other disposition of the Property. <br /> Property. The word"Property"means collectively ihe Real Property and the Personal Properry. <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 />