|
201209196
<br /> DEED OF TRtJST '
<br /> Loan No: 70004288 (Gor�i$inued)
<br /> Page 7
<br /> Beneficiary. The word "Beneficiary" means EquitAble Bank,and its successors and assigns,
<br /> Borrower. The word "Borrower" means MELVW D GRIESS and JULIE M GRIESS and includes all co-signers and
<br /> co-makers signing the Note and all fhei�successors and'assigns.
<br /> Dsed of Trust. The words "Deed ofi Trust" mean this �eed of Trust among Trustor, Lender, and Trustee, and
<br /> includes without limitation all assignment and security interesY provisions �elating to the Personal Property and
<br /> Renfis.
<br /> Environmental Laws. The words "Environm�ental Laws" mean any and all� state�, tederat and local statutes,
<br /> �egulations and ordinancas �elafing to the�protection o#� human health or tihe environmeht, including without
<br /> limitation the Comprehensive Envi�onrrienta! Response, Compensation, and Liabifity Act of 7980, aS emencled, 42
<br /> U.S.C, Section 9601, et seq. ("CERCLA"), the Superfund Amendments and Reauthorization Aet of 1986, Pub. L.
<br /> No. 99-499 ("SARA"),the Hazardous Materials Transpontation Act,49 U.S.G. Section 780'i, et seq.,the Resource
<br /> Conservation and.Recovery Act; 42 U.S.C. Section 5901., et seq., or other applicable state ar federel laws., ruies,
<br /> or regulations adopted pursuant thereto.
<br /> Event of Default. The words "Event of Default" mean any ofi the events of tlefault set fiorth in this Deed of Trust in
<br /> the events of defiault section of this Deed of Trust.
<br /> Guaranty. The word "GuaranYy° means the guaranty trom guarantor, endotser, surety, or accommodation party to
<br /> Lander, including without fimitation a guaranty of all or part of the Note.
<br /> Hazardoe�s Substances. The words "Hazardous Substances" mean materials that, because of theit quantity,
<br /> concentration or physical, chemical or infectious characteristies, miay cause or pose a present or potential hazard
<br /> to human health or the environment when improperly used,treated, storecl,:disposed of, genetated, manufaotured,
<br /> transported or otherwise handled_ The words "Hazardous Substances" are used in tfieir very broadest sense and
<br /> inctude wothotit limitation any and all hazardous or toxie substances, materials or waste as defined 4y or listed
<br /> ur�dee the Environmentai Laws. The term "Hazardous Substances" also inciudes, without limitation, pefroleum and
<br /> petroleum by-prodwcts or any fraction thereof and asbestos,
<br /> Imprnvements.. �The word "lmprovements" means all existing .and futute improvemeMs, builtl�ings, sYructures,
<br /> mobile homes affixed on the Real Propertq, facilities, additions, replacements and qfher construction on the Real
<br /> Propartiy. � '
<br /> Indebtedness. The word "lndebtedness" means all principal, interesi, and other amounts, costs and expenses
<br /> payable under the Note or Related Documents, together with all renewals of, e�ctensions of, modifica2ions of,
<br /> consolidations of and substitutions fior the Note or Related Documents and'any amounts expended or advanced by
<br /> Lerider tb discharge TPustor'S. obligations or expenses inCtir�ed by Trustee or Lender�to enforce Trustor's
<br /> obligations under this Deed o�f Trust,together with interest on such amounts as provizied in tfiis Deed of Trust.
<br /> Lender. The word "Lender" means Equitable Bank, its su�cessors and assigns. The word5 "successors or
<br /> assigns" mean any persore or company thaf acquiYes any interest iu�tHe Note�.. �
<br /> Note. The word "Note" means the prom�ssory note dated October 26, 2012, lll �f1@ oreginal p�incipa9
<br /> amo�nt O'f $27,7�0.00 firom Borrower to Lender, together with all renewals of, extensions ofr, modifications
<br /> ofi,refinancings ofi, consolidations of,and substitutions For the promissory note or agreemenf. The maturity date ofi
<br /> this Deed of Trust is November 1, 2077.
<br /> ���Personal-�Propertiyi The����words "Personal Property"` mean a1l�equipPnenf,���fixtures, and��other arfiefes of.persar5al�.�
<br /> property how or hereafter owned by Trustor, and now or Rereafter attached or afiFixed,to'the Real Property;
<br /> tog�ther with alI aCcessions, parts, and additions to, aIl replacemenYs of, and ali substitutions for,� any of sueh
<br /> property; and together with all p�oceeds (incfuding without limitation aIl insurance proceeds and refunds of
<br /> premiums)firom any�sale or other disposPtion ot the Property. � ����
<br /> `ProperEy. "['he word'"Property" means collectively the Real Property and the Personal Property.
<br /> Real Property. The words "Real Property" mean the real pra�erty, interests and rights; as further described "in this
<br /> Deed of`TrUSY. +
<br /> ;,Rela�ted Dacrirnenfs.:. The wards "Related,Documents" mean all promissory.;notes, credit, agreements, ,loan
<br /> agreements, e�vYronmental, agreements, !guaranties, security ag?eements, mortgages, deeds of trusi,,security
<br /> �deeds,.,collateral.�mortgages, and��all other instrumertts;.�greements_and�documents, whether now o[ hereafter;� .
<br /> existing,,�executed in connection with,Yhe`:fndebtedness. � � � �
<br /> Rents. The wo�d "Rents" means aIl present and future rents, revenues, income, issues, royalties, profits, and
<br /> � other benefits detived from fhe Property. � � � � � � .
<br /> Trustee. The word "7rustee" means Equitable Bank (Grand Island Region�,.,who§:e address is 1 13-7 9 5 N Locust
<br /> St; PO.Box,9 60,_Grand Isianrl,�NE` 68802-01 60 and any substitute or snccessor'tru'stees_
<br /> Trustor. The word "TrusYor" means MELVIN GRIESS and JULIE GRIESS.
<br /> EACN TRUSTOR ACKMOWLEDGES HAVING READ ALL THE. PROVtSIOfVS OF��THI� DEED OF TRUST,. AiVI7 EACH
<br /> TFiUSTOR AGREES TO 4TS TERMS.
<br /> TRUS'i'O .
<br /> X t -
<br /> VW GRIESS �.. .,�..�.>;�,s,,.�.� .
<br /> i�
<br /> .DULtIE�"GFilESS. � -. ._. ; . . . . .:' ,. . .. .
<br /> a
<br />
|