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��15�3733
<br /> DEED �F TRUST
<br /> ��ont�rlued� Page 7
<br /> Chvice af Venue. lf there is a fawsuit, Trusfior agr�es upon Lender's request �tQ submit to the jurisdic'ti�n of the
<br /> courts o�Hall Coun�y, State❑fi Nebraska.
<br /> Nv Vllai�er by Lender. Lender shalf not be deemed to ha�e wai��d any ri�hts under�h�s Deed of Trust un�ess such
<br /> v►►ai�er is gi�en in wri#ing and signed by Lender. Na defay ar omiss�an vn the part❑#Lender in exercising any right
<br /> shall operate as a wai�er o#such right�r any other right. A wai�er by Lender vf a pro�ision vf�his De�d o�Trust
<br /> shall n�t pre�udice or canstitute a wai�er of Lender"s right v�heruvis� tv demand strict c�mpliance with that
<br /> pro�ision or any vther pro�ision af this Deed af Trust. Nv prior wai�er by Lender, nor any caurs� ❑f dealing
<br /> hetween Lender and Trustor, shall constitute a wai�er af any ❑f Lender"s rights or ❑f any af Trustor"s abligations
<br /> as to any future transac�ions. Whene�er the consent af Lender �s required under this Deed o�Trust, the grantin�
<br /> o� such cQnsent k�y Lender in any instanc� shafi not const�tute c�nt�nuing consent to subse�uen� instances where
<br /> su�h Gonsent is requ�red and �n a�! cases such cvnsent may be granted or wi�hheld in th�sale discretivn of Lender.
<br /> Severahifity. [�a court of campet�nt jur�sdicti�n finds any pro�ision a�f this Deed of Trust t❑ be illegal, in�alid, vr
<br /> unenforceable as to any �ircumstance, that �inding shall not make the offending prv�isivn illegal, in�alid, or
<br /> unenforceable as to any o�her cirGumstance. !f feasik�le, �h� aff�nding pra�isi�n shal! be c�nsidered madified sv
<br /> that i� bec�mes legal, �alid and enfarceabfe. If the offend�ng prv�ision canno� be so mvd�#ied, it shall b�
<br /> considered d�leted frvm this Deed o# Trust. Unless vtherwise required by law, the illegality, invalidity, or
<br /> unen�vr�eability of any pro�ision af rhis ❑eed of Trus� shall nat af�e��the legality, �a��dity or enforc�abiiity af any
<br /> a�her prv�isi�n a��h�s Deed af Trust.
<br /> SucGessvrs and Assigns. Subject to any limitations stated in this D�sd a�Trust on transfer of Trustor's interest,
<br /> this ❑e�d o� Trust shall b� binding upon and inure t� the henefit af the par�ies, their successors and assigns. I#
<br /> vv►rnership a��he Pr�perty becomes �ested in a person other than Trust�r, Lender, without no�ice to Trustor, may
<br /> dea!with Trustar's successars with reference to this fleed of Trust and the Indebt�dnes� by way of�orbearance ar
<br /> extens�on ►nrithout refeasing Trus��r�r�m th�obiigations a#this Deed of Trust❑r liability under�he Indeb�edness.
<br /> Time is v�the Essence. Time is of the essence in the p�r�ormance of this Deed a�Trust.
<br /> Vllai�e Jury. All parties tv this Deed of Trus� herel�y wai►►e the right#v any jury tria� in any acti�n, proceed�ng, vr
<br /> �ounter�laim brought by any party against any other party.
<br /> Wai�e� o# Hvmes�ead Exemptivn. Trustor hereby releases and wai�es all rights and bene�its af �he homestead
<br /> ex�mpfiion laws of the State af Nehraska as to all Indebtedness secured by this Deed o�f Trust.
<br /> ❑EFINITIC]N5. The fivllowing �apitalized words and fierms shall ha�e the foilav+ring meanings when used in th�s Deed o�
<br /> Trust. Unless specifi�affy stat�d tv �he contrary, aii r�#�rences to doilar amounts shall mean amaunts in lawful money
<br /> of the United Sta�es of America. Vlla�-ds and �erms used in the singular shaf� inciude the pluraL, and th� pfural shai�
<br /> include the singu�ar, as �he cvntext may require. Wards and t�rms not otherwis� defined in th�s Deed �f Trus� shall
<br /> ha�e the meanings a�tributed tv such terms in�he Uni#orm CommerGial Code:
<br /> Benefi�iary. The word "Beneficiary" means Exchange Bank, and i�s successars and ass�gns.
<br /> Borrower. The word "Borrower" means N�RTHWEST�R�SSINGS LIMITED LIABILITY C�MPAIVY and incfudes a�l
<br /> co-si�n�rs and co-mak�rs signing the Nate and aff th�ir success�rs and assigns.
<br /> Deed of Trus�. The words "Deed ❑f Trus�FT mean this Deed of Trust amvng Trustor, Lend�r, and Trustee, and
<br /> inciudes withou# �imi�tativn all assignment and security interest pro�isivns relating �o the Persona� Praperty and
<br /> Rents.
<br /> ❑e�auft. Th�word "Default" means the D�fault set�arth in this Deed o�Trust in the section t�tled '"Defau�t'",
<br /> En�irvnmen#al L�ws. The viro�ds "En�ironmental Laws" mean any and all stat�, #ederal and 1��a1 statutes,
<br /> regulations and ardinances relafiing to fihe pra#e�tion of human health or the en�ironment, including without
<br /> limitation the C�mprehensi�e En�ironmental Respanse, Cvmp�nsatiQn, and Liability Act of 198fl, as amended, 4�
<br /> U.S.C. 5ec�ion 96fl1, et seq. �'"�ERCLA"}, the 5uperfund Amendments and Reauthorization Act o� �985, Pub. L.
<br /> No. 93-499 �"'SARA"'},the Hazardaus Materials Transportativn Act, 49 U.S.G. Section 18�1, e�t seq., the Resau�ce
<br /> Conser�atian and Recvvery Act, 4� ll.S.C. 5ectian �9��, et se�., ar other applicable state ❑r fed�ra� laws, rules,
<br /> or regulatians advpt�d pursuant�herefio.
<br /> E►►ent a�f Default. The words "E�ent ofi D�fauft" mean any vf the e�ents of default set forth in this CJeed of Trust in
<br /> the e�ents o�de#auft sectifln��this Deed of Trust.
<br /> Guaranto�. The w�rd "G uarantvr"' means any guarantor, sure�y, or accomm�da�'ron party ❑f any or a�! af the
<br /> �ndebtedness.
<br /> Guaranty, The ward "�uaranty" means the guaranty from Guarantar to L�nd�r, including withaut fimitatian a
<br /> guaranty of all ar part ofi the Note. " '
<br /> Hazardous 5ubstan�es. Th� wv�ds '"Hazardous Substances" mean materials that, because of their quan�ti�ty,
<br /> concentration or physical, chemical vr infectious chara�terist�cs, may cause or pose a pr�sent or patentiaf ha�ard
<br /> tv human health ar th� en�ironment when �mpraperfy ussd, treated, stvred, �ispvsed o�, generated, rr�anufactured,
<br /> transpvrted or ❑therwise handled. The wvrds "Hazardous Substances" are used in �Cheir ��ry broadest sense and
<br /> �nclude uvithout �imita�ion any and a11 hazardaus or �oxic subs�anc�s, materiais ar waste as def�n�d by or I�sted
<br /> under the En�ironmental Laws. The term "Hazardous 5ubstan�es" also includes, ►n►ithaut limitation, petraleum and
<br /> petroleum hy-prnducts�r any�raction thereof and asbestvs.
<br /> Impro�ements. The word "Impro�emen�s" means all existing and �utur� improvements, buildings. structur�s,
<br /> mobil� hames affixed vn the Real Property, fa�i[ities, additions, r�pfacements and other constructi�n �n �he Rea!
<br /> Pra pe rty.
<br /> Indeh�edn�ss. The word "lnd����dness" means all principal, interest, and ❑ther am�un#s, �osts and expens�s
<br /> payable under the Nvte ❑r Rela�ed Documents, togeth�r with atl renewafs of, extensi�ns a�, m�di€icat�ans of,
<br /> consolidatians of and substi�u#ians for�the Note ar Refated Documen�s and any amounts �xpended or advanced by
<br /> Lender ta discharge Trustor's obtigations or expenses incurred by Trustee vr Lender ta enforGe Trustar's
<br /> ❑bligatians und�r this ❑eed o� Trust, to�ether with in�eres� on such amounts as pro�ided in this ❑eed of Trust.
<br /> 5pecifically, withou� limitation, lndebtedness includes the fu�ure ad�ances set forth in th� Future Ad�ances
<br /> pra�ision, t�ge�ther v+rith all interest therevn and a�l am�unts that may be indirectiy s�cured by the
<br /> Cross-�o!laterafizatian pro�isiQn a�this De�d❑fi Trus�.
<br /> Lender. The ward "Lender" means Exchange Bank, i�s successors and assigns.
<br /> Note. The word '"Note" means the prvmissory note da�ked J une 5, Z�15, in the original p�rincipal amount
<br /> �f $$25,�O�.�a frvm Trustor ta Lender, �ogether with ali r�newals a�, extensions vf, madificatiQns of,
<br /> refinancings o�, canso{�datians of, and substitutions far the promissory nv�e or agreement. NDTICE T� TRUSTQR:
<br /> THE N�TE��NTAINS A VARIABLE INTEREST RAT�.
<br /> Persvnal Prope�ty. The words "Personal Praper�y" m�an all equ�pment, fixtures, and vther a�tic�es ❑f personal
<br /> praperty now ar he�eafter owned by Trust�r, and now or herea�ter atta�hed or af�ixed to th� Real Property;
<br /> togefih�r with a!I accessions, parts, and additi�ns to, all rep�acements of, and all substitutions far, any of such
<br /> praperty; and togethe� with all praceeds �including without limi�ation all insuran�e proceeds and refunds of
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