|
��14��S9S _
<br /> �EED �F TRUST
<br /> Lvan Nv: �D��73'l49 �C�ntinued} Page 'I�
<br /> deal with T�-ustvr's successors with reference�o this �eed o�Trust and the Inde�tedness by way vf forbearance o�-
<br /> ex�ension without releasing T�us�ar�fram the oi�ligations ❑fi this Deed of Trust or liabi�ity under the lndebtedn�ss.
<br /> Tim�is vf the Essen�e. Time is vfi the essence in the pe�fa�mance o�this Deed of Trusfi. �
<br /> V1laiver ❑# Hvmestead Exemption. Trus�ar hereby refeases and wa��es all righ�s and henefi�s a�f the hamestead
<br /> exemp�ion laws a�the 5�a�e o�Nebraska as�o all �ndeb�tedness secured by this Deed a�Trust.
<br /> DEF[N�T��NS. The fallowing �apitalized words and terms shail ha�e�he follawing meanings wh�n used in �his Deed ❑f
<br /> Trus�. Unless spe�ifically stated �o the cvnfirary, all references �o dvllar amounts shal� mean amoun�s in lawful maney
<br /> o� �he United 5tates of America. V11�rds and ter-ms used in �he singular shall in�lude the pluraI, and fihe plural shall
<br /> include the singula�-, as the contex� may require. V1lords and terms not o�herwise defined �n this ❑eed vf Trust shall
<br /> ha�e the meanings attrilauted fia such terms in�he LJnifi�rm Cammercial Code:
<br /> Bene�iciary. Th�word "geneficiary" means Fi�� Pvints �3ank, and its suc�essors and assigns.
<br /> gorrower. The wvrd "Bor�nwer" means A &M MILLING, 1NC.r CHARLA L M�LLER; and STEVEN F ANDERS�N and
<br /> includes all co-signers and co-makers signing fihe Nate and all�heir successors and assigns.
<br /> Deed of Trust. The wvrds "Deed o�F Trus�" mean �his Deed of Trust among Trustvr, Lender, and Trustee, and
<br /> includes without �imitafiion a�� assignmen� and se�urity infieresfi pro�isions re�a�ing t❑ the Persanal P�oper�y and
<br /> Ren�s.
<br /> Defaul�. The wvrd "De�ault" means�he De�Faul�set forth in this ❑eed❑fi Trust in the se�tion tit�ed "Default".
<br /> EnWiranmen�al Laws. The wvrds "En�ironmen�al Laws" mean any and all�sta�e, �ederal and iocal s�atutes,
<br /> regulations and ardinances relating �a the prvtect�on af human health ❑r the en�ironmen�, in�luding �without
<br /> limitation �he ComprehensiWe EnWiranmen�al R�sponse, Campensa�ion, and Liahi�ity Act a� �98D, as am�nded, 42
<br /> U.S.C. Sec�ian 36�'�, et seq. ("CERCLA"}, the Superfund Amendments and Reauthariza�ion Ac� ❑� 'i 986, Pub. L,
<br /> No. 99--499 {"SARA"},the Hazardvus Materials Transportat�on A��,49 U.S.C. Secfiian '18��, ��s�q.,the Resource
<br /> Conser�a�ion and Reco�ery Ac�, 4� U.S.C. Section �9��, e�seq., or vther applicab�e s�a�e or�ederal �aws, rules,
<br /> or regulafiivns adapted pursuant�hereto.
<br /> E�ent�f Default. The wards "E�ent❑f Default" mean any vf the e�en�ks o�defaul�set�or�h in this Deed�f Trust in
<br /> the e�en�s ofi default se��ion o�this ❑eed o�F Trust.
<br /> Exis�ing lndebtedness. The words "Exis�ing �ndebtedness" mean the indeb��dness descr�bed in the Existing Liens •
<br /> provisivn❑�F fihis Deed ❑�Trus�.
<br /> Guaranty. The word "Guaranty" means the guaranty firom guaran�ar, endorser, surety, ar accammada�ion party�o
<br /> Lender, incfuding without limitativn a guaranty af all ❑r part��the No�e.
<br /> Hazardvus Substances. The words "Hazardaus Substances" mean materials �hat, becaus� ❑f �hei�- quan�i�y,
<br /> concentration ❑r physical, chemical or in�ec�iaus charac�eris�i�s, may Gause ar pose a present vr potentia[ hazard
<br /> to human health or�he environment when imprvperly used, treated, s�ared, disposed ❑f, genera�ed, manufactured,
<br /> transported ar ofiherwise handled. The words "Hazardvus 5ubstances" are used in thei�-�ery brvadesfi sense and
<br /> include withaut limi�a�ion any and all hazardous ar �oxic subs�ances, ma�eria[s or was�e as defined by or listed
<br /> under the Envirvnmen�tal Laws. The term "Hazardous Subs�ances" alsv in�ludes, w�thvu�limi�atian, petraleum and
<br /> pe�roleum by--prvducts❑r any�raction�herea�and asbesfivs.
<br /> , �mpravements. The word "lmpro�emen�s" means all exis�ing and future impra�ements, buifdings, s�ruc�ures,
<br /> mobile homes a�ffixed on the Rea� Property, facilities, additions, repfacemen�ts and ❑ther cvnstruc�ivn on the l�eal
<br /> Praper�y.
<br /> �ndebtedness. The wvrd "Inde��edness" means all principal, interes�, and ofiher amvunts, cvsts and expenses
<br /> payable under �he Nate or Rela�ed Documents, �vget�er wifih all renewa[s ❑f, extensions ❑f, m�dif�catians of,
<br /> consolida�ions ❑f and subs�ki�utians�or the Nvte or Related Documen�s and any amoun�s expended ❑� ad�anced by
<br /> Lender to discharge Trustor's abl�gations or expenses incur�-ed by Trus�ee vr Lender to en�Fvrce Trusfiar's
<br /> � obligativns under this Deed v� Trust, toge�her with interest vn such amaunts as pro�ided in this ❑eed a�f Trus�.
<br /> Specifically, withaut limitation, Indeb�edness includes the fu�ure ad�anc�s set �orth in th� Futur� AdWances
<br /> prvvisivn, tvgether with all interest �hereon and a�[ amounts �hat may be indirectfy secured by the
<br /> Cross--Colla�eraliza�ion praWision of th�s I�eed o�Trusfi. �
<br /> Lender. The wvrd "Lender" means Five Paints Bank, its successa�s and assigns.
<br /> Nv�e. The wvrd "Nvte" means ths pramissory note dated February �4, Z��4, in the original principal
<br /> amvunt of $6a,���.��from Ba�-rvwer to.Lend�r, �agether with all r�newals ��, ex�ensians of, modifications
<br /> ❑t, re�inancin�s❑f, consolidativns ❑f, and substitutians for the p�-omissvey nofie❑r agreement.
<br /> Persona� Prvperty. The words "Persanai Property" mean all equipment, fix�ures, and ofiher articl�es o� personal
<br /> pr�perty now �r hereaf�er owned by Trustor, and naw vr herea�ter attached ar af�ixed to the Real Proper�y;
<br /> together wi�h a�l accessions, parts, and addi�ians ta, all replacements of, and all substitutions for, any 0� SUCh
<br /> praperty; and fivgefiher with aff praceeds ��nc�uding withaut limifia�ion all insurance praceeds and re�unds a�
<br /> ��emiums��from any sa��vr o�her disposi�ion❑�the Prvperfy.
<br /> Prvperty. The word "P�-aper�y" means collec�kively the Real Property and th� Personal Property.
<br />
|