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��15�373�
<br /> DEED C�F TRUST
<br /> �Cantinu�d� Page 7
<br /> such cansent is required and in all cases such c�nsent may be grant�d or withh�ld in the sofe discre�ion of Lender.
<br /> 5e�erahility. ff a court of campetent jurisdiction finds any pro�ision of�his Deed vf Trust#v b� �Ilegaf, in�alid, vr
<br /> unenfarcea�l� as to any circumstance, that finding shalf not make th� o�fending pra�ision i�fegal, in�alid, or
<br /> unenforceable as ta any other circumstance. I# �easible, the �ff�nd�ng pro�is�on sha�l be considered madifi�d s�
<br /> that it b�c�mes legal, �aiid and enforceable. If th� of�ending �rv�ision cannat b� s❑ madified, it sha!! be
<br /> Gvns�dered deleted �rrom this ❑e�d of Trust. Unfess otherwise required by law, the illegal�ty, in�alidity, or
<br /> unenfiarceability of any pro�isivn �f this Deed of Trust shall nvt affect the legality, validity ❑r en�orceability af any
<br /> other pr��ision of this Deed of Trust.
<br /> Su��essors and Assigns. Suf�ject to any limita�ians stated in this Deed of Trust on �rans�er vf Trus�v�'� interest,
<br /> this Deed of Trust sha�l be binding up�n and inure t� the benefit of the pa�ties, their successQrs and assigns. ff
<br /> ❑wnership of the Property becames �ested in a persvn ather than Trust�r, Lend��, w�thout notice to Trustor� may
<br /> deal with Trustar's suc�essa�s with referen�e to this Deed of Trust and the lndebtedness by way�f�orh�arance❑r
<br /> ext�nsivn without reieasing Trustar f�vm the obliga#ians a�this Deed af Trust or liability under the Inde�tedness.
<br /> Time is of the Essence. Time is vf the ess�nce in the per�fiormance of�his C]eed of Trust.
<br /> Vl�ai�e Jury. Ai� part�e� to this ❑eed nf Trust herehy wai�e ths rignt�v any jury trial in any action, pro�eeding, or
<br /> counter�Naim braught by any par#y against any v�her party.
<br /> Vllai►rer vf Hvmes�ead Exemption. Trustor heref�y reisase� and wai�es all righ�� and �en��ifis of the hamestead
<br /> exemption laws�fi the State of N�braska as to a!I Inde�tedness secured by�his Deed af Trust.
<br /> ❑EFINlTI�NS. Th� foilawing capitali�ed words and ferms shall have th� fol�awing meanings v►rhen used in this D��d of
<br /> Trust. lJnless specifically sta�ed �v the cvntrary, all re�Ferenc�s tv dollar amoun�s shall mean amoun�s in lawfui maney
<br /> af the lJnited 5tat�s vf Am�rica. VlJords and terms used in the singular sha!! incfude the plural, and the plural shall
<br /> include the singular, as the �antext may require. V1lards and terms not otherwise defined in this ❑eed of Trust sha�i
<br /> ha�e the meanings a�tribu�ed�o such terms in#he Uniform Commer�ial Code:
<br /> Benefi�iary. The word "Beneficiary" means Ex�hange gank, and its su�cessors and assigns. `��
<br /> Borrvw�re The word "Bor�ov�r�r" rr��ans R.S,�., L.L.C. and inclu�es all �o�signers and co-mak��s sign�ng �he Nate
<br /> and all their su�cessors and assigns.
<br /> �eed of Trust. Th� words "Deed o� Trus�" mean this Deed of Trust amang Trustor, Lender, and Trustee, and
<br /> �ncludes o►vithQut limitativn ali assignment and s�curity interest prv�isivns relating to the Personai Property and
<br /> Rents.
<br /> Defauft. The ward "D�#ault'" means the aefault set forth in this Deed a#Trus�in the se�tion titled "�]�fault".
<br /> En�ironmen�al Laws. The words "En�iranmental Laws" m�an any and ail stat�, federal and lo�al statutes,
<br /> regulations and ordinances relating to �he protec�ion af human h�alth flr the environmenfi, in�luding wi#hout
<br /> limitation the Comprehensi�e En�i�onmental Response, Campensativn, and Liability Act o� �98�, as amended, 42
<br /> U.S.C. Sectivn �6D1 r �'� SEC�. t"CERCLA"j, the Super�und Am�ndments and Reauthvr�zation A�t of 198C, Pub. L.
<br /> No. 99-499 �"SARA"y, the Hazardous Materials Transportation Act, 49 U.S.C. 5ection 18Q1, et seq., the Resour�e
<br /> Cvns�r�ativn and Re�v�ery Act, 42 �.S.C. Sectivn 69�'1, et seq., ar ather applicable state or federal iaws, rules,
<br /> ar regulatians adopted pursuant there�o.
<br /> Event af Defaul�. The words "Event o�De�ault" m�an any of�he e�en#s of default set fvr�th in this ❑eed af Trus�in
<br /> the e�ents afi default se�tion o�this Deed vf Trust. �
<br /> Guarantor. Th� wvrd "Guarantor" means any guarantor. surety, or accommvdation party af any or all af �he
<br /> lndeb�edness.
<br /> Guaranty. The w�rd "Guaranty" means th� guaranty from Guarantar to Lender, in�iuding withou� limi�ation a
<br /> guaranty❑f�II vr part af th� Nate.
<br /> Haiardous Suhstan�es. The words "Hazard�us 5ubs�ances" mean materials tha#, k��cause af their quantity,
<br /> concentration or physE�al, chemi�al or infectivus charac�eristi�s, may caus� ar p�se a present or poten�iai ha�ard
<br /> t❑ human health or the en�irvnment when impraperly us�d, treated, stor�d, disposed of, genera�ed, manufactured,
<br /> transpor�ed or otherwise han�ied. The wards "Hazardaus 5u�stances"' are used in �heir �ery broadest sense and
<br /> include without limitatian any and all ha�ardaus ❑r taxic substan�es, ma#erials vr v►►aste as de�ined by ar listed
<br /> under�h� En�irvnmental Laws. The t�rm "Hazardous Substan�es" alsa inciudes, v►rithaut limitatifln, petroieum and
<br /> petroleum byWproduGt�vr any fracti�n therevf and asbes�os.
<br /> lmproWemen�s. The word "Impro�emen�s" means afl exist�ng and fiuture impr��ements, buildings■ S�CLlCt[.II'�S�
<br /> mobile hvmes affixed on the Real Property, facilities, additions, repla�ements and o�her constructivn on fihe Real
<br /> ¢ Pro p�r�y.
<br /> Indebtedness. The w�rd "lndebte�ness" means aI[ principal, int�rest, and vther amvunts, CD5t5 and expenses
<br /> payable under the No�e or Related aocuments, togeth�r w�th all renewals of, extensions of, modi��cati�ns of,
<br /> consolida�i�ns of and suhstitutians for the Nvte or Refated Documents and any amvunts expended vr ad�anced �y
<br /> L�nder to discharge Trustvr's obfigations or expenses incurr�d by Trus�ee or Lender to enfarce Trustor's
<br /> �bliga�ions unds� this ❑eed of Trust, �vgether with �nterest an such amoun�s as pra�ided in this Deed vf Trust.
<br /> 5pecifically, wi�hou� limi�ation, �ndebtedness includes the fu�ur� ad�ances set forth in the Future Ad�anc�s
<br /> pro�ision�fi this Deed vf Trust, togeth�r v�ith ail interest thereon.
<br /> Lender. The word "Lender" means ExGhange Bank, its su�cessors and assigns.
<br /> No�e. The word "'Note" means the promissvey no#e dated J une 5, 2fl 15, in tn� ar�gina! principal amaunt
<br /> vf $5��.���.�� frvm Trustor to L�nder, �Qgether with all renev►►als of, extensians ❑f, modifi�at�ons a�,
<br /> r�f�nancings of, cansolidations of, and substitutions ffl� the promissary no�e or agreement. NOTI�E T� TRUST�R:
<br /> THE NQTE�ONTAINS A VARIABLE INTEREST RATE.
<br /> Personal Prvper#y. The wards "Pe�sonal Property"' mean a!I equipment, fixxures, and ath�r arti�l�s ❑f personal
<br /> praperty now or hereafter owned by Trustor, and now ar hereaf��r atta�hed or af�fixed to the Real Prop�rty;
<br /> �ogeth�r with all accessions, parts, and additians ta, all replacements of, and �ll substitutions �vr, any o� such
<br /> praperty; and �tage�her with a�[ proce�ds tincludir�g wi�hout limi�ation a�! insurance proce�ds and refunds af
<br /> premiums} fr�m any safe or other dispasitivn of the Praperty,
<br /> Prvper�y. The v►rord "Proper�y" means callecti�ely the Real Pr�perty and the Personal Property.
<br /> Real Prvperty. The words "Real Property" mean the �eal praperty, interests and rights, as further des�ribed in this
<br /> De�d of Trust.
<br /> Relafied Do�uments. The words "Related D�cuments"' m�an all prom�ssary fl�t�5r credi� agreements, loan
<br /> agreements, �n�ironmental agreements, guarant�es, security agre�ments, mort�ages, deeds �f trust, securi�y
<br /> deeds, collateral mvrtgages, and all �ther �nstruments, agreemen�s and dacuments, whether n�w ar hereafter
<br /> ex�sting, exe�uted in conne��kion with th� Indebtedness.
<br /> Rents. The w�rd '"R�nts" means all presen� and future ren�s, revenues, �ncame, issues, royalties, prafits, and
<br /> other benefits deri�ed�rrom the Praperty.
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