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��15���57
<br /> DEED �F TRLJ�T'
<br /> Loan Na: g7��59��� ��o�7�i�ul�d� Page �
<br /> M�SCELLANE�US PRaVfS[�NS. The-�a��owing miscel[anevus pro�isions are a part of�his Deed Qf Trus�:
<br /> Amendments. Wha� is written in this Deed of Trust and '€n �he Related �7ocuments is Trustar's entire agreement
<br /> with Lender concerning the matters covered by this Deed v€Trus�. To b� e�F�F�ct�ve, any chan�e or amendment to
<br /> this ❑eed o�r Trust must he in wri�ing and must be signed py�►vho��er will be bQund or obligated by the change or �
<br /> amendment.
<br /> �ap�ivn Headings. Cap�ion headings in this Deed of Trust are far can�enience purposes on[y and are nat �o be
<br /> used�o interpret or define the pro��sians�f�F�is Deed of Trust.
<br /> Nlerger. There sha[l b� no merger of�he interes�or esta�e crea�ed by�his Deed v�F Trust v+rith any vther�nterest or
<br /> estate in ths Prvperfy at any�ime held by or far�he bene�it of Lender in any capacity,vtirithout the written cansent
<br /> o�Lender.
<br /> Gov�rnin� Law. This Deed o�Trust wa�I be go�erned by fede�al Iaw appiicable tv Lender and. to the extent not
<br /> �reempted by federal[avrr,�he laws vf�he Sta�e of Nebraska wi�hou�regard t�ifs cvn��i�ts of�av+r provis�ons. This
<br /> Deed o�Trust has been ac�epted by Lender in the S�ate of Nebraska.
<br /> Chvice v#1lenue. �f there is a [awsui�, Trustor agrees upon Lender's request to submi�to �he jurisdiction of the
<br /> cour�s of Ha�i Coun�y, State o�Nebraska.
<br /> Jvint and 5everaI LiabiIity. A[[ �b[iga�ions of Trustor under this Deed �f Trus� sha�l be joint and several, and al�
<br /> referen�es �o T�ust�r shall mean each and e�ery Trustor. Th�s means �hafi each Trustor signing below is
<br /> responsib�e for all obligations in this Deed of Trust.
<br /> Nv 1�Va�Wer b�Lend�r, Trustor understands Lender will not gi�e up any af Lender`s rights under this Deed o�Trust
<br /> unless Lender does sv in writing. The fact that Lender de�ays ar amits ta e�cercise any right will na� mean that
<br /> Lender has gi�en up �haf right. �f Lender does agree in writing to give up on� o� Lende�-'s rights, �hat does not
<br /> mean Trus�or v�rif[ not ha�e tv compiy wi�h the oth��- pro�isions of this Deed of Trust. Trustor a[so understands
<br /> thafi i� Lender d�es c�nsen� to a request, fihat do�s nvt mean -tha� Trus�or wii� no� have �o g�-� Lender's consent
<br /> again i��h�situat�on happens again. Trusfiar fiurthe�understands tha��ust be�ause Lender consen-�s�o on�or more
<br /> of Trus�or's requests, tha�does not m�an Lender wi�� be requir�d ta consent�o any o�Trustor's �uture requests.
<br /> Trustor wai�es presentm�nt,demand for payment, pro�est, and nv�ice of dishanor.
<br /> Se�erabii�ty. 1f a cour-� finds that any proWision vf�his Deed o�F Trust is not valid o�shvuId not b� enforced, �ha�
<br /> �ac�by its���wi[[ no�mean tha�the rest of this Deed of Trust wi[I no�be�a�id or enforced, Therefor�, a court iivi�i
<br /> enf�rce�he rest of-�he pravisions o�th�s Deed o�Trust even i�a pro�ision of�his Deed of��us�may be�ound to b�
<br /> invalid�r�nenforceable:
<br /> 5ucc�ssors and Assigns. Subject ta any limitations sfa��d in this �eed of Y�ust on �rans�er o;Trus�or's ir��eres�,
<br /> �his Deed af�'rus� sha[[ be binding upon and inure to �he bene#it a� �he part��s, their success�rs and assigns. [-€
<br /> ov+rnership o�the P�oper�y becomes �ested in a person �ther than Trustor, Lender, wi�hout no�ice to Trustor, may
<br /> dea[with Trustor's successors tirvi�h re��renc�to this Deed o�Trust and the [ndehtedness by way of�orhearance or
<br /> ex�ension wifihou�releasing Trustor from�he obligafiions of this ❑�ed of Trust or�iability under the �ndebtedness.
<br /> Time�s o€fhe Essence, Tim� is of the essence in the pe�-�ormanCe vf this Deed of Trus�.
<br /> V�lai�e Jury. AII �arties t❑this Deed vf Trust here�y wa�We the right tv any jury�rial �n any actianX pro�eeding, vr
<br /> �oun�erciaEm brvught by any par�y agai�st any other par�y. .
<br /> VVaiver af Homes�ead lEx�mption. Trustor hereby re[eases and wai�es all rights and benefifis o� the harr�estead
<br /> exemp�ion laws of fihe State o�Nebraska as�o all [nd.ebtedness secured by this Deed o�Trust.
<br /> 1]EF�lN�TI�IVS p The fo[[owirtg wvrds sha[[ haWe the foilowir�g meanings when used in this Deed o�f Trus�:
<br /> Beneficia�y. The word '°Bene�€c�ary" �eans Ec�ui�able �ank,and ��ks successars and assigns.
<br /> Borrower. The�rv�rd "Bo�rower" m�ans Nicholas N Kleinschm�t and Laura K �C[eins�hmi�and inc[udes all co-sigrters
<br /> and co=makers s€gning�he Credit Agr�emen�and all their successors and assigns.
<br /> Credi� Agreemen�. The wvrds "�redit Agreemen�" mean the credit agreemen� dated January 8, 2D�5, V►r�th
<br /> c�edit �irnit of ���,�D�.���rom Trustor�o Lender,toge�he�with a[l renewals of. extens�ons of, modi-�ica�ions
<br /> v�, r�financings of, consolidations of, and substi�u�ions for the promiss�ry no�e or agreement. The maturity date of
<br /> this Deed of Trust is January S, �n��. NDT��E T4 TRL]STaR: THE�R�D�T AGREE�EII�T GaNTA1NS A 11ARlABL1E
<br /> 1NTEREST�ATE. �
<br /> ❑eed v�F Trus�. The �vords "Deed of Trus�" mean this Deed of Trust among,Trustor, Lend�r, and Trustee, and
<br /> inc[udes wi�hout [imr�a�ion a�l assignment and s�curity �nteres� pra�isions re[a�ing to the Personai Proper�y and
<br /> Rents.
<br /> Environrne�$al Laws� The vvords "Envrronm�n�aI La►rvs" rr�ean �ny and all s�ate, federa� and loca[ statu�es,
<br /> r�gu[a�tions and ordinances relating to the protection of human health vr the en�irvnmen�, �ncluding w�thout
<br /> �im��ation the �flmprehensive EnWironmen�a� Response, ��rr�pensa�ion, and L�abiCity Act v� �9�t�, as amen�ed, A-2
<br /> Ll.S.�. Se�tion 96��, et seq. ��CERCLA'r�, �he Superfund Amendmen�s and 1Reau�horization A�t�f 'f 98C, Pub. L.
<br /> No. 99-�-9� {"SAF►A"�,the Hazardous Materia�s Transportat'ron�Ic�,4-9 U.S.C. 5ectian �80�, et seq.,the�esource
<br /> Cons�rva�ian and Recovery IAc�, 42 U.S.C. Sect�on 59��, ert seq., or ofihe�- app�icable state ar federa� �aws, rules.
<br /> or regu[a�ions adapted pursuant ther�ta,
<br /> Ever�t o�Def�ul�. The wvrds "Even�a�De�au[-�" mean any o€the eWents❑f default se�forth in-�his �eed of Trust in
<br /> the e�ents of de�ault sec�ivn of this Deed of Trust.
<br /> 1Hazardvus Substances. The vtirords "Hazardous Substances" mean m�teria[s �hat, because of thei� quantity.
<br /> cvn��ntratior� or phys�cal, chemical or infect�ous characteristics, may cause or pose a presen� or po�entia� ha�a�d
<br /> -�� hur�an heaf�h or the envirvnment when imprvper[y use�, �rea-�ed;st�red, disposed��, genera�ed, manufac�u�ed,
<br /> � firansport�d or oth�rvvise handled. The words "Hazardous Subs�ances" are used in their�rery broades�sense and
<br /> in�lude ��th�u� lirr�i�ation any and a�[ hazardous or ��xic subsfances, materials fl� wast� as defined by or [isted
<br /> under fih� Eravironmen�al Laws_ The term "Hazardous Substances" also includes, wi�hout[imi�at�an, petro�eurrt and
<br /> petroleum hy-pr�ducts or any frac�ion�hereo-�and asbestos.
<br /> lmprovemen�s. The word "lmproWements" means a�l existing and fu�ure improvernents, bui[dings, s�ructures,
<br /> mobil� h�mes afFixed on �the Fieal Property, facilifiies, additions, replacements and other construc�ion on fihe Real
<br /> P�oper�y.
<br /> Indebtedn�ss. The word 'rindebteeiness" means all p�-inc�pai, interest, and other amounts, costs and expenses
<br /> payable und�r the Credit Agreement vr Rela�ed Documents, tvgether vvith a�� renewa[s of; ex�ensions o�,
<br /> madi�ica�ivns of, cansolidativns o�F and subs�itutivns for the C��d:it Agreement or Re�afied Documen�s �nd any
<br /> amounts expended or advanced by Lender to discharg� Trustor's ob�igati�ns or expenses incurred �y Trustee �r
<br /> � Lender ta en�orce �rus�or's obliga��ons under �his �3eed �� Trus�. �ogether wi�h �n�erest �n such am�unts as
<br /> provid�d in-�his Deed ofi Tt'ust,
<br /> Lender. The w�rd "Lender" means Equitable �d�'Cr q�S successars and assigns4 T�e words °"su�c�ssor� or
<br /> assigns" r�e�ra ar��pers€�n�r company fiha�acqu�r�s any int�res�in�he Credit Agreernen�.
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