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201208582
<br /> DEED OF TRIDSI"
<br /> Loan No: '10004131 (GOt1tI9lEAed) Pa e 7
<br /> 9
<br /> DEF9NITl0lVS. The following words shall have the followic�g meani.ngs when useci in this Deed of Trust:
<br /> Beneficiary. The word "Senefici�ary" means Equitable Ban�c, and its successors and assigns.
<br /> Borrower. The word "Borrower" means DONALG L ,"bRftANTS and MARILYIV V� ARRAiVTS and includes all
<br /> co�-signers and co-mal<ers signing the Note and al!their successors and assigns.
<br /> Deed of Trust. The words "Deed ofi Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and
<br /> includes without limitation all assignment and secutiYy interest provisions relating to the Personal Property and
<br /> Rents.
<br /> EnvironmenYa! Laws. The words "Environmental Laws" mean any and all state, fede�al and local statutes,
<br /> regulations and ordinances relating to the protection of human hea�th or the environment, including without
<br /> limitation the Comprehensive Environmental Respnnse, Compensation, and Liability Aet of "1980, as amended, 42
<br /> U.S.C. Section 9601, et seg. ("CERCLA"), the Superfund Amendments and ReauthorizaTion Act of 1986, Pub. L.
<br /> No. 99-499 i"SARA"), �the Hazardous Materiais Transportation Act, 49 U.S.C. Sectlon 7801, et seq., the Resource
<br /> Conservation anH Recovery Act, 42 U_S.C. Section 6901�, et seq., or other applicable state or feder�l laws, rules,
<br /> or regulations adopted pursuant thereto.
<br /> Event of Default. The words "EvenY pf Default°° mean any of ihe events of defauit set forth in this Deed of Trust in
<br /> the events of defauit section of this Deed of Trust.
<br /> . Guaranty. The word "Guaranty" means the guaranty from guaranYor, 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 /> concentration or physical, chemical or infectious characteristics, may cause or pose a present or potential hazard
<br /> to human healtn or the environment when.improperly used, treaYed, stored, disposed ofi, generated, ma.nufiactured,
<br /> transported or otherwise handled. The words "Hazardous Substances" are used in their very broadest sense and
<br /> include without limitation any anci all hazardous or toxic substances, materials or waste as defi:ned by or listed
<br /> under the Environmental Laws. The term "Hazardous Substances" aiso indudes, without limiiation, petroleum and
<br /> petroleum by-products or any fraction thereof and asbestos.
<br /> Improvements. The word "Improvements" means all existing and future irnprovements, 6uildings, structures,
<br /> mobife homes affixed on the Real Property, facilities, additions, replacements and o�cher construction on the Rea�i �
<br /> Property.
<br /> Indebtedness_ The wo�rd °'Incie6tedness" means all princi.pal, interest, and other amounts, costs and expenses
<br /> payabie under the N�ote or Related Documents, together witn aii renewals of, extensions ofi, modificati�ons of,
<br /> consolidations of and su6stitutions for the Note or Related Docuinents and any amounts expended or advanced by
<br /> Lender 2o discharge Trustor's obligations or expe�nses 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 /> 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 Yhe promissory note dated October 9, 201 2, i1l Y�"12 OTlglfl�l pl'inCip�l aIYlOU1l$
<br /> Of $1 76,5�9�.29 from Borrower to Lender, togeYher with all renewals of, extensions of, modifications of,
<br /> refinancings of, consolidations aF, and substitutions for the promissory note or agreement. The maturity da'Ce of
<br /> this Deed of Trust is Ociober 1 5, 201 3.
<br /> Personal Property. The words "Personal Property" rnean aii equipment, fixtures, and other articles of personad
<br /> property now or hereafter owned. by Trusior, a:nd now or hereafiter attached or affixed to the Reai Property;
<br /> together with all accessions, parts, and additions to, all. repiacements of, and ail substitutions for, any of such
<br /> property; and togeiher wi:th all proceeds (including vdithout Fim.itation all insurance proceeds and refiunds o#
<br /> premiums) from any sale or oiher disposition of the Property. �
<br /> Property. The word "Pro�erty" means collectively the fteal Property and the Personal Property.
<br /> Real Propevty. The words "Real Proper[y" mean the real property, interests and ric�hts, as further described in �tnis
<br /> Deed ofi TrusY. �
<br /> Related Docuenents_ ThP words "Related Documents" mean all promissory notes, credit agreements, ioan
<br /> agreemee�is, environmenta! agreemenis, guaranties, security agreements, rnortgages, deeds of trust, security
<br /> �eeds, collateral mortyages, and all other instruments, agreements and documents, whether now or hereafter
<br /> exisiing, executed ir connection wiih the Indebtedness..
<br /> Rents_ The word "Rents" means all present and future rents, revenues, fncome, iss�es, royaltees, profits, and
<br /> other benefit5 derived from the Property.
<br /> Trustee_ The word "Trustee" means Equitable Bank (Grand Island Region), whose address is 113-115 N Locust
<br /> St; PO gox 9 60, Grand Island, NE 68802-0�60 and any substitute or successor trustees_
<br /> Trustor. The word "Trustor" means DONALD L ARRANTS AND MARILYN D ARRANTS REVOCABLE TRUST
<br /> DATED SEPTEMBER 18, 2012 � �
<br /> TRUSTOR ACKNOWLEDGES`F{AVIIVG `READ ALL THEYPROVISIONS OF Tfi1S DEED OF TRUST, AND TRUSTOR
<br /> AGREES TO ITS TERMS. �� - �- ' - -� - - � - � - -
<br /> &.... .....w....._: .___,:_.__ ., . . :
<br /> TRUSTOR: . ....-�--.... .._ - _ .
<br /> DONALD L AFiRANTS AND NiARILYN D ARRANTS�� REVOCABLE TRUS'f DATED
<br /> SEPTEMB�i 18. 2012
<br /> By: ���.�� 1
<br /> DONALD L ARRANTS, Trustee of DONALD L ARRANTS AND
<br /> MARILYN D� ARRAIVTS REVOCABLE TRUST DATED SEPTEMBER 18,
<br /> 2032
<br /> sy: F 1`� 'g'�I��y��(�'`"`��`�;�
<br /> MARILYN RRANTS, Trustee of DONAL[3 L ARRANTS AND
<br /> MARILYN D �RRAN"FS REVOCABLE TRUST DA'i'ED SEPTEMBER '18. ��
<br /> 20'i 2
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