� � � � ��15�41��
<br /> �EED �F TRUST
<br /> Loan No: 'i a'i�8a�'I'I �C�ntinued} Page 9
<br /> Chotce o�Venue. [f�khere is a IawsuEt, Trusto�r agrees upvn Lender's request�v submit t❑ the jurisd�ctivn ❑��he
<br /> cour�ts o�F Hal� C�unty, State v#Nebraska.
<br /> Nv 1Na�ver by Lender. Lender sha�� nafi he deemed to ha�e wai�ed any rights under fihis I�eed v�Trus�unless such
<br /> waiWer is gi�en in ►nrriting and signed by Lender. Na delay❑r amission on the part o�Lender in exercising any righ�
<br /> shall opera�e as a waiWer❑f such right vr any�ther right. A wai�er by Lender of a pro�isian of this �]eed ��Trust
<br /> shall no� prejudi�e or constitute a wai�er �f Lender's righ� ❑therwise t❑ demand sfirict campliance with that
<br /> pra�ision ❑r any ofher pra�ision of this Deed ❑� Trust. N❑ privr wai�er by Lender, nvr any course of dealing
<br /> be�ween Lender and Trustor� shall cvnstitu�e a wai�er vfi any of Lender's rights ❑r o� any ��Trus�or's ❑bfigations
<br /> � as to any future transactions. Vllhene�er�the consen� a� Lend�r is requi�-ed under this aeed o�Trus�, fihe granting
<br /> of such consent by L�nd�r in any instance shall no� cans�i�ute canfiinuing cvnsent to subsequent �nstan�es where
<br /> such consent is required and in all cases such cansent may be gran#ed or wtthheld in�he sole discretion af Lender.
<br /> 5e�rerability. If a �ourt af compe�en��urisdi�tion finds any pro�isivn o�this Deed vf Trust to be iiEegal, in�afid, or
<br /> unenforceable as to any circumstance, that finding shall �n�t make �he offending pro�ision illegal, in�alid, ❑r
<br /> unenforceable as t❑ any ❑�her �ircumstance. l� feasible, the ❑ff�nding pro�isian sha[E b� cons�dered mvdified so
<br /> �hat it becames legal, va��d and enfarcealale. �f �he ❑��ending prv�isivn cannot be so madified, it shall be
<br /> cons�dered dele�ed fr�m this �eed o� Trust. UnEess ❑therwise required by law, the ilEegality, in�alidity, or
<br /> unen�arceabiiity �� any pra�ision o�thEs ❑eed a�Trust shall nvfi affect�he l�galifiy, �alidi�y or enforceabiiity o�F any
<br /> o�her pra�ision o�this Deed of Trus�.
<br /> �uccessors and Assigns. Subject tv any limita�kians sta�ed in fihis I�eed o�Trust ❑n trans�er��Trustor's in�erest,
<br /> #his ❑eed of Trust shall he binding upon and inure tv fihe henefit o�the parties, their suc�essvrs and assigns. Ef
<br /> vwnership af the Praperty becomes �ested in a person other than Trustar, Lender, withvufi nv�ice to Trustar, may
<br /> deal wEfih Trustor's successors with re�eren�e�a�his Deed of Trus�and�he Indeb�edness by way o�fo�-bearance❑r
<br /> extension without r�leasing Trustor from the abligations a�this Deed of Trust or liabili�y under the Indebtedness.
<br /> Time�s of�he Essen�e. Time �s of the essence in the perf�rmance❑f fihis Deed of Trus�.
<br /> Vllai�er of Hvmestead Exemp�ion. Trustor hereby releases and wai�es a�� rights and benefits of �he homestead
<br /> exemp#ian laws o��he State❑�Nebraska as�o af�•Indebtedness secured k�y this ❑eed of Trust.
<br /> DEFINITIQNS. _The�ollow�ng capifialized words and�erms shall ha�e the fo��awing meanings when used in this Deed o�
<br /> Trust. Unl�ss speci�ica��y s�a�ed t� �he confirary, ali �eferences �❑ d��lar amoun�s shall mean amounts in lawful money
<br /> of the United States vf America. Words and terms used in the singular shaEl include �he plural, and the plura� shall '
<br /> include �he singular, as the con�ext may requEre. Words and �erms nv� vtherwise defined in this ❑eed ❑f Trus� shali .
<br /> ha�e the meanings at�ributed to such fierms in the Uni�orm Cammerciaf Cvde:
<br /> Benefi�iary. The word "Beneficiary" means Fi�e Potnts Bank, and its successors and assigns.
<br /> Borrower. The word "Barrawer" means Third City Christ�an Church and in�ludes all �v-signers and co-makers
<br /> signing the Na�e and all�heir successors and assigns.
<br /> Deed of Trust. The words "Deed ❑f Trust" mean �his Deed of Trust amang Trus��r, Lender, and Trustee, and
<br /> in�ludes wi�khou� limitativn all assignment and security Enterest pro�isions relating to the Persona! Property and
<br /> R e nts.
<br /> aefault. The word "Defaul�" means the De�ault set�ar�h in this Deed❑�Trust in the sectivn ti�led "�e�ault".
<br /> Environmen#al Laws. The wvrds "En�ironmental Laws" mean any and a�E state, federal and lvcal statufies,
<br /> regulativns and ardinances refating ta the prvfiection of human healfih ar the en�iranment, including withou�
<br /> limi#a�ion �he Camprehensi�e En�ironmental Response, Compensa�ion, and Liahility A�fi o� 198D, as ar-inended, 42
<br /> L].S.C. 5ectian 9�D�, ��seq. �"CERCLA"�, fihe 5uperfund Amendmen�s and Reau�khorizatian Act a� �98�, Pub. L.
<br /> No. 99-499 �"SARA"},fihe Hazardous MateriaEs Transpvrtativn Ac�, 49 U.S.G. 5ec�ion �8D�, e�seq.,the Resvurce
<br /> Conser�ation and Reco�ery A�t, 42 U.S.C. 5ec��an 690'I, et se�., ar other applicable state or�ederal laws, ru�es,
<br /> vr regulativns adopted pursuan�theretv.
<br /> Event vf Default. Th�w�rds "Event❑f❑e�ault" mean any af fihe events of de�ault set�orth in this �eed ❑f Trus�in
<br /> �he eWents❑�F detauEfi section of�his aeed vf Trust.
<br /> Guaranty. The word "Guaranty" means the guaranty fram guarantvr, end�rser, surety, or accomm�dation party tv
<br /> Lender, including withvufi[imita�ion a guaran�y❑f a�!❑�-part vf fihe Note.
<br /> Hazardous Suhstances. The words "Hazardous Subs�ances" mean materials �tha�, because vf their quant�ty,
<br /> cancentratian ar physical, chemical or infec�ious charac�eris��cs, may cause or pase a present ❑r po�enfiial ha�ard
<br /> � �o human health or the en�irvnment when imprvperly used,fireated, stnred, disposed vfi, genera�ed, manufac�ured,
<br /> transpvrted or otherwise hand�ed. The wvrds "Hazardaus Substances" are used in�heir�ery brvadesfi sense and
<br /> include without limitation any and a!I hazardvus ❑r tvxic subs�ances, materials ❑r waste as defined by vr listed
<br /> under the En�irvnmen#al Laws. The term "Hazardvus 5ubs�fiances" als❑ includes, wifihaut l�mi�ativn, pe�roleum and
<br /> petrofeum by-prvduc�s vr any�raction theren�and asbestos.
<br /> Improvemen#s. The wvrd "Impro��m�nfis" means all existing and �uture impro�ements, buildings. st�uctures,
<br /> mobile homes affixed on the Real Prvperty, facilities, additivns, replacements and ❑th�r consfiru�tivn ❑n the Real
<br /> Property.
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