|
��14�7��4
<br /> � , �
<br /> �
<br /> DEED �F TRLJST
<br /> Lvan Nv: 'i D'i�8�7�7 ��ont�nued� Page 5
<br /> preempted by federai law,th�laws o#�he S#ate o�Nehraska wi�hvu�regard to i�s conflicts v��aw prv�isions. Thrs
<br /> Deed af Trust has heen acc�p�ed by Lender�n�he Sta�e af Nebraska.
<br /> Time�s o�#he Essence. Time is af�he essence in�he perfivrman�e of this Deed ofi Trust.
<br /> Wai�er v�r Hvmestead Exemp��on. Trus�or hereby releases and wai�es ali rights and benefiits o� the homestead
<br /> exemp�ion laws vf�he S�a�e vf Nebraska as fio all �ndebtedness se�ured k�y this Deed of Trus�.
<br /> DEFINITi�NS. The follvwing words shall have the follawing meanings when used.in�his Deed vf Trus�:
<br /> Beneficiary. The word "Beneficiary" means Fi�e Points Bank, and its successors and assigns.
<br /> Borrower. The word "Borrower" means DAV1D VII STAAB and JILL K STAAB and includes af[ co--signers and
<br /> co-makers signing the CredEt Agr�emen�and af�fiheir su�cessors and assigns.
<br /> Credit Agreement. The wvrds "Credit Agreemen�" mean �khe credit agreemen� dated Na�em}�er 2�, ���4, 1Ntth
<br /> . credit limit vf $75,D�D.��fram Trustor to Lender,�vge�ther with alf renewals of, extensions ❑f, madifications
<br /> o�f, re�inancings of, conso[idatEons❑f, and substitu�ions for the promissory note❑r agreement. The mafiurifiy date❑�
<br /> �his Deed v�Trust is November�4, �0'i 9. •
<br /> aeed of Trust. The wards "Deed �-� Trust" mean this Deed a� Trusfi among Trustor, L�nder, and Trus�ee, and
<br /> includes without �imEtafiEon aEE assignmenfi and security interest p�o�isions rela�tEng �a �he Pe�-sonal Prape�ty and
<br /> Renfis.
<br /> . ;
<br /> Environmental Laws. The words "En�iranmental Laws" mean any and all state, federal and �Enca[ s�atutes,
<br /> regulations and ordinances rela�ing to �he protecfi�on ofi human hea�th ❑r �he en�ironment, includ�ng wi�haut
<br /> limi�ativn �he C�mprehensi�e En�ironmenta[ Response, Compensat�on, and Liahility Act of 198D, as amended, 42
<br /> U.S.C. Sec�ion 96��, e� seq. {"CERCLA"}, the Super�Fund Amendments and Reautharization Ac�•a�f '1986, Pub. L.
<br /> No. 99--499 �"SARA"�,�he Hazardaus Materials Transpvrtatian Ac�, 49 U.S.C. Sec�ian "E S��;�e�seq.,the Resvurce
<br /> Cvnser�ativn and Recv�e�y Act, 42 L].S.C. Sec�Eon 69�'1, e�seq., ar other app�icabfe s�fiate or federal �aws, ru�es,
<br /> �r regula�ions adopted pursuant thereto.
<br /> E�ent vf De�auft. The wo�ds "E�ent af Default" mean any o�the e�ents ❑#defau�t set forth in this Deed vf Trus�in
<br /> the e�enfis o�de�ault sectian v�this Deed of Trust.
<br /> Exis�ing Ind�btedness. The wards "Existing lndebtedness" mean the indebtedness described in �he Existing Liens
<br /> prvvision v�this Deed a�Trust.• ,. -_ � �� t � . ,
<br /> Impravements. �The wvrd "lmpro�emen�s" means afl exis�ing and futur� impra�ements, buildings, structures,
<br /> mobile homes af�ixed�on the Rea�{Property, faci[ities, additions;-replacernents�and��other--�onstruction ❑n the Rea�
<br /> .� :, .> :, �. � �
<br /> Pr.opertyi.' ' } • ' + � ��r._J....:ri, . .� _!�+��1 i�.�,fi���w r�.-.�r ' � .
<br /> � } r• 3 1 �
<br /> .� +.,..+„� tip+
<br /> r •� � r�:.t+._.':�'w•'.i�t�•���.�Y
<br /> Indehtedness. The word "lndeb�tedness" means all principal,�in�er.esfi,,:;and�,-,o�her amvunts., casts and �xpenses
<br /> payahle under the C�-edit. Agreement ar Re�ated Documents;=•tngether�inii�h�a���renewals= ofi, extensians a�,
<br /> modificati�ns`of, consolida�ions of and subs�itu�ians fvr the �redit Agreemenfi vr Rela�ed Documen�s and any
<br /> amounts expen'ded��� ad�anced by Lender �v d�s�harge Trustar's ❑1aligations ❑r expenses incurred by Trustee ❑r
<br /> Lender to enfarce Trustor's ob[iga�ians under this Deed vf Trus�, �oge�her wi�h interest ❑n such amvun�s as
<br /> pro�ided �n thEs Deed o�Trus�. .
<br /> Lender. The word "Lender" means Fi�e Poin�s Bank, t�5 SL]CC@55Dr5 and assigns. The words "5L]CCBSSDT'S vr
<br /> a551g1"1S" mean any persvn ar�vmpany that a�quires any in�erest�n the Credit Agreernent.
<br /> � Personal Praperty. The wards "Persanal Praper�y" mean all equipmen�, �fixtures. and ofiher articEes o� persona� .
<br /> prvperty now ar hereafter owned by Trustvr, and nvw o� hereafter attached ❑r affixed �o the Real Prop�r�y;
<br /> together with a11 accessions, par�s, and additians ��, all replacemen�s o-�, and all sulastitut�ans fivr, any vf such
<br /> property; and toge�ther wi�h all prviceeds {including without iimitation all insuran�e praceeds and refunds ❑f
<br /> premiums) from any sale❑r❑�her dispasition of the P�-operty.
<br /> Proper�y. The ward "Property" means coflec�i�ely fihe Rea! Property and the Persanal Proper�y.
<br /> Real Prvper�y. The words "Real Prvperty" mean the real property, interes�s and righ�s, as fur�her described in this
<br /> Deed�f Trus�.
<br /> � Related Do�uments. The words "Rela�ed ❑ocuments" mean all promissory no�es, credit agreements, loan
<br /> agreements, en�ironmental agreements, guaranties, security agreemen�s, mortgages� deeds v� trust, securi�y
<br /> deeds, colla�eral mortgages, and all ❑ther instrumen�s, agreements and docum�n�s, whe�her nvw or hereafter
<br /> existing, executed in connection with th� lndebtedness. �
<br /> Rents. The wvrd "Ren�s" means all presen� and future ren�s, re�enu�s, in�ame, 155Ll�5, royalties, profits, and
<br /> a�her�enefi�s deri�ed fram�he Property. �
<br /> Trustee. The ward "Trustee" means Fi�e Paints Bank, whvse address is P.� Box �5�7, Grand ls[and, NE
<br /> 588�2-�507 and any substitute or successor�rus�ees.
<br /> Trustvr. The wvrd "Trustor" means DAV1D V1!STAAB and J1LL K STAAB.
<br />
|