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��15��414
<br /> �7EED �F T�UST
<br /> {�ont��u�d� �a�� �
<br /> reasonable expenses Lende� incurs �hat in Lender's opinion are nec�ssary at any time for the protection o� its
<br /> in�erest or the enforcement of its rights shall becvme a part of the Indebtedness paya�le on demand and shall bear
<br /> interest at the Note rate fr�m the da�e of the expenditure until repaid. Expenses co�ered by this paragraph include,
<br /> without limita�ion, howeWer subject�❑ any limits under app��cable law, Lender`s att�rneys' fees and Lender's legal
<br /> expenses, whethsr �r na�r there is a lawsuEt, including a��orneys' fe�s and expenses �or �ankruptcy proceedings
<br /> �inc[uding effor�s to modi�Fy or vacate any automa�ic s�ay vr injuncti�n}, appeals, and any anticipated p�st--judgment
<br /> co[[ection s�r��ces, �he cost o�search�ng records, o��aining title reports 4including foreclosure reports}, sur�eyors'
<br /> reports, and appraisal �ees, titie insurance, and fees for the Trustee, t❑ the extent permEtted by applicabfe law.
<br /> Trustor also will pay any c�urt costs, in addi�ion ta a11 vther sums pr�Wided by f aw.
<br /> FUTURE ADVANCES. [n addition to the Note, this D��d of Trust secures a�l future ad�anc�s made by Lender t❑Trustor
<br /> whe�her ar nat �h� ad�ances are made pursuant to a �ommitment. 5pecifically, without limitation, this Deed of T�us�
<br /> secures, in addition to �he amounts specified in the Note, all future amounts Lender in its discretion may �oan fio
<br /> Trus�or,toge�her with all interest therean.
<br /> MI�CELLANE�LlS PR�V�51�NS. The follawing miscellaneous prvWisions are a part o�this Deed of Trus�:
<br /> GoWerning Law. This �eed of Trus� will he go►�erned hy federa[ law applicab[e tv Lender and, to the ex�ent no�
<br /> preempted by federai law,the la►►vs vf�he Stafe v�Ne�raska w�#hvut regard to its cvnf[«�s of law proWisions. This
<br /> Deed a�F Trust has heen a�Gepted by Lender in fihe 5ta�e of Nehras ka,
<br /> Time is vf the Ess�n�e. T�me is of the essence in�he performance o�F�his Deed of Trust.
<br /> WaiWe Jury. AI� partiss tv this I7eed vf Trust her�by wai�e fhe right tv any jury trial in any a��ion, prv�e�ding, or
<br /> cvun�erclaim brvught by any par�y againsf any other par�y.
<br /> Vllai►rer o� Horr�estead Exemptione Trust�r hereby refeases and �rvai��s a[[ rights and bene�ifs of the homes�ead
<br /> exemp�ion laws af th� State o�Nebraska as to all [ndeb�edness secured by this Deed o�Trus�.
<br /> DEFIN�TI�NS. The following capital�z�d w�rds and �erms shall ha�e the follov�ring mean�ngs when used in this 17eed o�
<br /> Trust, Unless specificaf[y stated to �he con�rary, all references �o dollar amounts shalf inean amounts in lawfuf maney
<br /> of �he llni�ed 5tates of America. V1lords and �erms used in the singular shaf[ include the piural, and the pfura[ shall
<br /> include the singular, as the context may require. Vllords and �erms not vtherwise defined in this Deed of Trust sha�!
<br /> ha�e the meanings a�-�ribut�d to such�erms in�he Uniform Cammer�ial C�de:
<br /> gene�iciary. The word "Beneficiary" means Pinnacle Bank- KMN, and i�s successors and assigns.
<br /> Bvrrower. The word "Borrower" means JAMES C, STARR and DEBORAH L. STARR and in�[udes all c�--signers
<br /> and co-makers signing the Note and all their successors and assigns.
<br /> Deed of Trusfi. The wards "Deed of Trus�" mean th�s De�d �f Trust among Trustor, Lender, and Trustee, and
<br /> inciudes without fim�tatifln all assignment and security interest p�n�isions relating to the Persona� Property and
<br /> R�nts.
<br /> En�ironmen#af Laws. The wards "En�ironmental LawsTF m�an any and a[[ state, federal and Iocal s�a�utes,
<br /> reguiations and vrdinanc�s relating to fihe pr�tect�on v�F human health �r the en�ironment, including Uvithout
<br /> limitation the Comprehensi�e En�ironmental Respanse, C�mpensation, and Liabili�y Act a� 1950, as amended, 42
<br /> L],S.C. 5ectian 9���, et seq. 4"GERCLA"], the Superfund Amendments and Reau�horization Act �f 1985, Pub. L.
<br /> No. 9g--499 �"SARA"3, �he Ha�ardous Materials Transportation Act, 49 U,5.�. Sec�ian �8��, et seq,, �he Resourc�
<br /> �anser�a�ion and Rec��ery Act, 4Z U.S.C. Section 69D1, et seq., ar other applicable sfia�e or federal laws, rules,
<br /> or regulati�ns adopted pursuan�thereto.
<br /> Event of De'�aul�. The words "E�ent of De�ault" mean any o�the e�ents�f default se��Forth in�this Deed of Trus�in
<br /> �he e�en�s�f defaul�section o�this ❑eed o�f Trust.
<br /> Cuaranty. The word "Guaranty" means the guaranty�From guarantor, endorser, surety, vr accammodation party to
<br /> Lender, including without limitation a guaranty��a�1 or part of the No�e.
<br /> lmprvuernents. The ward "lmprovem�nts" means a�� existing and fu�ure impr�W�ments, buildings, st�uctures,
<br /> mobile homes afi�ixed an the Real Proper�y, faci[ities, additions, replacements and �ther construc�ion on the Rea[
<br /> Property.
<br /> lndeb�ednesse The �rvord "[ndeb�edness" means all principaf, interest, and o�her amaunts, cos�s and expenses
<br /> payable under the Not� ar Related Documen-�s, together wi�h all r�newals of, extensions ❑fi, modEfica�iQns af,
<br /> consolidations �f and suhsti�tu�ians for the Note �r Rela�ed D�cuments and any amounts expended vr ad�anc�d by
<br /> Lender ta discharge Trus-�vr's vbligations �r expenses incurred by Trustee �r Lender to enf�rce Trus�or's
<br /> obfiga�ions under this Deed o� Trust, together with interest �n such amounts as pr�vided �n �his Deed of Trust.
<br /> 5pec��ically, without limitati�n, �ndebtedness includes all amaunts that may he indirec#ly secur�d by the
<br /> Cross-Collatera[i�a�ion pro�ision�f this ❑eed a�Trust.
<br /> Lender. The word "Lender" means Pinna�[e Bank- KMN, its successors and assigns.
<br /> No��. The word "Noter' means �he pramissory note dated Apri� 14, 2��5, in the or`rg��al pr�n��pa� amaun�
<br /> of �3�'[,��7.5� from 6orrower to Lender, tvgether with a[[ renewafs of, extensians of, modifications of,
<br /> r��inancings of, canso[idations of, and substitu�ions for the promissory note or agreement.
<br /> Persanal P�operty. The words "Personal Praperty" mean all equipment, �ixtures, and fl�her art�cles �f personaf
<br /> proper�y now or hereafter owned by Trustor, and n�w or herea#�er attached or affixed ta the Real Pr�p�rty;
<br /> �ogether with all accessions, parts, and additions to, af[ rep[acemen�s of, and all substituti�ns for, any ❑� such
<br /> property; and toge�her with a[[ pr�ceeds �inc�uding wi�hou� limita�ian all �nsurance proceeds and re�unds of
<br /> premiums} from any sale�r�ther dispositi�n v�the Prvperty.
<br /> Prvper�y. The word "Proper�y" m�ans c�[fectiWe[y the Rea! P�flperty and the Persona[ Property.
<br /> Rea� P�vper�ye The wards "Reaf Praperty" m�an the rea[ pr�p�rty, interests and rights, as further des�ribed in this
<br /> Deed af Trus�. �
<br /> R�[ated Docur�ents. The words "Rslated Documen�s" mean. all promissory notes, credit agreements, loan
<br /> agreements, en�ironm�nta� agreemen�s, guaranties, security agr�ements, martgag�s, deeds of �rust, security
<br /> deeds, collateral mor�gages, and all other instrumen�s, agreements and documents, whether now or hereaft�r
<br /> existing, executed in conn�ction with the Indebtedness.
<br /> Rents. The v�ord "l��nts" m�ans all pres�nt and fiu�ure rents, revenues, income, issues, rayalties, p�o��ts, and
<br /> other bene�its deri�ed#rom�h� Pr�perty.
<br /> Trus�ee, The ward "TrusteeTF means P�NNACLE BANK, wh�se address is 534 N BLJRLINGT�N, HA5TINGS, NE
<br /> 589�1 and any substitute or successor trustees.
<br /> Trustvr. Th� word "Trust�r" means JAMES C. STARR, DES�RAH L. STARR, J�EL W. STARR and VELVA J,
<br /> STARR.
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