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<br /> Loan Na: 1�1�777�7 �Cantinued� Page 'i�
<br /> this �3eed af Trusfi shall be binding upan and inure t❑ the benefi� of the par�ies, their successors and assigns. l�
<br /> vwnership ❑�the Pr�pe�ty l�ecomes �esfied in a persan ❑�her than Trustor, L�nder, without natice t❑ Trustor, may
<br /> deal wi�h Trustor's successars wi�h reference t❑this Deed ❑f Trust and the Indebtedness hy way a�farbearance or
<br /> extensivn withvu�releasing Trustvr trom fihe obliga�ians af�his L�eed of Trust ar lialaility under the Indebtedness.
<br /> Time is o€#he Ess�n�e. Time is ❑f the essence in the performance ❑f this ❑eed of Trust.
<br /> V11aiWer ❑f Homestead Exemptivn. Trustar hereby releases and wai�es al! rights and �enefi�s ❑f the homestead
<br /> exemption laws a�the 5tate of Nebraska as to all lndeb�edness secured by this �]�ed ❑f Trust.
<br /> DEFINITEDNS. The fol�owing capitalized wvrds and terms shall have the fall�wing meanings when used in this Deed ❑�
<br /> Trus�t. Unless s�eci�i�ally stated to the contrary, a�� references tv dvllar amounts sha�� mean amvunts in lawful maney
<br /> o� �he United S�ates of America. 111lvrds and terms used in the singular sha�F include the plural, and the plural shall
<br /> inc�ude the singular, as the Gon�ex� may require. Words and terms no�t a�h�rwise defined in this Deed of Trus� shall
<br /> ha�e the meanings attributed t❑such terms in�he Uni�vrm Cvmmer�ial Code:
<br /> Beneficiary. The word "geneficiary" means Fi�e Points gank, and its successors and assigns.
<br /> Borrower. The word "6orrower" means '�2D3, L.L.C. and includes all cv-signers and ca-makers signing �he Note
<br /> and all their su��essors and assigns.
<br /> Deed vf Trust. The wvrds "❑eed of Trust" mean this Deed of Trust amang Trustor, Lender, and Trustee, and
<br /> includes wi�hout [imitation all assignment and security €nterest pro��sions relating to the Persanal Prope�ty and
<br /> Rents.
<br /> Default. The ward "De�aulfi" means the Default se�for�h in this Deed of Trust in the sec�ion titl�d "�efault".
<br /> En►rironmenta[ Laws. The wvrds "En�ironmental Laws" mean any and all s�a�e, federal and [��a[ statutes,
<br /> regulat�ans and ordinances relating tv the protection af human health or fihe en�ironment, including wi�hou�
<br /> limitation �he Camprehensi�e En�ironmen�al Resp�nse, Gvmpensativn, and Liability Act of �38D, as amended, 42
<br /> [J.S.C. 5e�tion 95D'�, et seq. {"GERCLA"�, the Superfund Amendmen�s and Reau�horization Act of 1986, Pub. L.
<br /> No. 99--499 �"SARA"},�he Hazardous Materials Transpartafiian Act, 49 U.S.C. 5ection �8��, et seq.,the Resource
<br /> Conser�ation and ReGo�ery Act, 42 U.S.C. Section 6901, et seq., ❑r other applicable s�ate �r federa� �aws, rules,
<br /> ar regulations adap��d pursuant there�a.
<br /> Event of Defau[t. The words "E�ent a�Defau�t" mean any❑f�he e�ents❑f default set farth in this Deed of Trust�n
<br /> �he e�enfis af d�faul�sec�ion ❑�f this �eed of Trust.
<br /> Guaranfior. The ward "Guarantor" means any guaranfior, surety, ar a��vmmadation party �fi any or all af the
<br /> lndeb�edness.
<br /> Guaranty. The word "Guaranty" means the guaranty �ram Guarantor �v Lender, inGluding withou� limitation a
<br /> �uaran�y❑f all ar part o�F fihe Note.
<br /> Hazardvus Suhsfiances. The words "Hazardvus 5ubstances" mean materials that, because of �heir quantity,
<br /> concenfirafiion ❑r physical, chemi�a� ❑r infectious characteristi�s, may cause or pose a presen� or poten�ial ha�ard
<br /> t� human health nr the envirvnment when improperly used, �reated, stored, disposed of, genera�ed, manu�actured,
<br /> transported ❑r atherwise handled. Th� wards "Ha�ardvus Substan�es" are used in their �ery �roadest sense and
<br /> inc�ude without �imitation any and all hazardaus or toxic suf�stances, ma�erials or waste as defined by ❑r listed
<br /> under the En�ironmen�al Laws. The t�rm "Hazardvus Suhstances" alsv includes, without limi�a�ion, petrvleum and
<br /> petroieum by--praducts ar any frac�ion thereof and asbes�os.
<br /> lmpro�ements. The word "lmpro�ements" means all exis�ing and future impro�ements, buildings, structures,
<br /> mobi�e hom�s af�fixed on the Real Property, facilities, additions, replacements and other canstruc�ion �n the Real
<br /> Prvperty.
<br /> lndeh�edness. The wvrd "lndehtedness" means all principal, interes�, and ❑�her amounts, costs and expenses
<br /> payab�e under the No�e ❑r Rela�ed Do�umen�s, togefiher with all renewals ❑f, extensions o�, modifi�ations ❑f,
<br /> cons�lidatians ofi and substitu�ivns �ar fihe Nvte or Fiela�ed Documents and any amounts expended o�-ad�anced by
<br /> Lender �❑ discharge Trustor's alaifga�ions or expenses incurred by Trus�ee ❑r Lend�r fio enfarce Trus�ar's
<br /> obligations under this Deed of Trust, toge�her wi�h interest ❑n such amoun�s as pro�ided in this ❑eed vf Trust.
<br /> Speci�ically, without limitation, lndebtedness includes the fu�ure adWances set forth in �he Fu�ture Ad�ances
<br /> pr�Wisi�n, t�gether with aI� interest therevn and all amounfis �ha� may he indire��ly secured by the
<br /> Cross�Collatera�Fzation pro�isian o�f this ❑eed of Trust.
<br /> Lend�r. The wvrd "Lender" means Fi�e Paints Bank, its successars and assigns.
<br /> Note. The word "Note" means �h� pramissary no�e dated �uly 25, �fl�4, in the �riginal principal amount
<br /> vf $5'13.3�'1.�5 from gorrvwer to Lender, tag�ther with aII renewa�s of, extensions o�, modifications a�,
<br /> refinancings of, cons�lidations ❑f, and su�stitutions tor fihe promisso�y na�e vr agreement.
<br /> P�rsonal Proper�y. The words "Personal Property" mean a�[ equipment, fix�kures, and ❑�her articles o�f personal
<br /> praper�y now or hereafter owned by Trustor, and now ❑r herea�ter at�ached or af�ixed t❑ fihe Real Property;
<br /> �og��her wi�h all accessians, parts, and addi�ions to, all repla�ements o�, and a�I substi�u�ions tor, any of such
<br /> property; and tage�her wi�h a�i proceeds �including wifihoufi limi�a�ion all insuran�e proceeds and refunds �f
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