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��15�5938
<br /> DEED �F TRUST
<br /> {�antinued� Page 7
<br /> ref�rences tv Trus�or shali mean each and e�ery Trustar. This means that each Trustar sign�ng belaw is
<br /> respansible for all ob�igati�ns in this Deed of Trust.
<br /> No Waiver by Lender. Lender shall nvt be deemed ta ha�e waived any r�ghts under this D�ed of Trust unless such
<br /> waiver is gi��n in writing and signed by Lender. Nv delay ar omission on the part af Lender in exercis+ng any right
<br /> sha11 operate as a wai�er of such right❑r any❑ther right. A wai�er t�y Lender vf a provisivn af#his Deed vf Trus�
<br /> shall not pre�udice ar �onstitute a wai��r o� Lender's righ� vtherwise to demand strict cvm�liance ►�ith that
<br /> pro�ision or any ❑ther pra�isivn v� �his ❑�ed of Trust. No pria� waiver by L�nder, nar any course af dealing
<br /> b��ween Lende�' and Trustor, shall Gvnstitute a wai�er of any of Lender's rights ❑r a#any o�Trustor's abligatians
<br /> as ta any future transac�ivns. Whene�er the consent af Lender is required under this Deed af Trus�, the grant�ng
<br /> ofi such cansent by Lender in any instance shall not constitute cantinuing cansent t❑ subsequent instances where
<br /> such cvnsent is required and in al!�ases such consent rnay be granted or withheld in the sole discretivn v#Lender.
<br /> Se►rerability. 1f a court❑f cvmpetent jurisdictEon '�inds any pro��sion ❑f this Deed vf Trust to he illegal, in�alid, or
<br /> unen�orceable as�o any person or circumstance, that finding shall nafi make �he vffending pravisifln iilegal, invafid,
<br /> ar unenfarceable as �a any ather p�rson or ci�curnstan�e. If fieas�b�e, the o#fend�ng prv�ision shall be cvnsidered
<br /> modif'red sa that E�becames legal, �alid and en�farceable. {f the offending pra�isian cannot be so m�di�i�d, it sha��
<br /> be cansidered deleted #ram this Deed vf Trust. Unless vtherw�se required by law, the illegal'rty, in�alidi�y, or
<br /> unenforceabili�ty of any pro�isivn of this ��ed of Trust shall nvt affect the legality, �a�idity ar enft�r�eability of any
<br /> other p�avisian of this Deed vf Trus�.
<br /> Successvrs and Assigns. Subject �o any I�mitatians stat�d in this Deed of Trust on trans�er o'�T�ustar's interest,
<br /> this Deed of Trust shall be binding upon and inure t❑ the hene�i� of the parties, their success�rs and assigns. If
<br /> vwnership af the Prop�rty becomes �est�d in a persvn other than Trustar, Lender, withau� not��e t�Trustvr, may
<br /> deai with Trustor's successors with reference to�his Deed ❑f Trust and the Indek�tedness by way of forbearance�r
<br /> extensivn without releasing Trustor frvm the �bligativns of this Deed of Trust or liability under�he Indebtedness.
<br /> Time is of the Essence, T�ms is of the essenGe�n the performan�e of this Deed❑f Trust.
<br /> Vllai�e Jury. Aii partEes to�his Deed of Trust her�by waiv�the right t❑ any jury triai�n any activn, proce�ding, or
<br /> coun#erclaEm brvught by any par�y agains�t any vther party.
<br /> Waiver af Homestead Exemptivn. Trustar hereby releases and wai�es all rights and benefits of the hamestead
<br /> �xemption iauvs❑#the State of Nebraska as t❑afl Indeb�edness s�cured�y this aeed of Tcust.
<br /> DEFIN[TI�NS. The �ollvwing Gapitali�ed words and terrns shal! have�he#allawing meanings when used in�his ❑eed vf
<br /> Trust. Unless specifically stated�o�he �ontrary, al1 references ta dollar amvunts shall rnean amaunts in law#uf money
<br /> af the lJnit�d 5tat�s �f Arnerica. Vllords and terms used �n th� sin�ular shafi �nclude the plural, and the plural shall
<br /> incfude �he singular, as the context rnay require. Wards and terrns not otherwise defined in this Deed of Trust sha�l
<br /> ha�e the mean�ngs attri�uted to such terms in�the Uni�vrm Commer�ia!Code:
<br /> Benefi�iary. Th� Word rrBeneficiary" means Exchange 6ank, and its successvrs and assigns.
<br /> Borrvwer, The ward "6arrower" means Troy Huff and Tarnie Huf� and in�ludes all co-signers and �o-makers
<br /> signing the Note and alf the�r successors and assigns.
<br /> Deed ❑f Trust. The words "�eed ❑f Trust" mean �his De�d af Trust amang Trustor, Lend�r, and Trustee, and
<br /> includes without lim�tatian a!I assignment and se�urity interest pro�isivns relating to the Persflnal Prop�rty and
<br /> ft�nts.
<br /> � Default. The►rvard "Default" means the �efault set forth in this Deed a�Trust in the section titled "Defiault".
<br /> En�iranrnental Laws. The v►rords "En�ironmental Laws" rnrean any and.,all.s���e,.�f�e.dera� and lacal statutes,
<br /> regulativns and ordinances relating to the prat�cti�n �f human health or the en�iranment, including without
<br /> z
<br /> �irnita�ion the Comprehensive Envir�nmenta� Respvnse: Compensation,:�and Liability A�t o� 198�, as amended, 4�
<br /> U.S.C. Sectian 9��1, et seq. �"GERCLA"�, the Superfund Amendments and`Reauthari�a�ion act of 1986► Pub. L.
<br /> No. 99-499 t"SARA"f,the Haza�daus Mater�als Trans�portat'i�ori Act, 49 U:S.C;�5�ection 18U1,et seq., the Resource
<br /> Conser�ation and Recv�ery Act, 4� U.S.C. 5ectivn 69��, et seq., or other applicable sta�e vr federa� laws, rules,
<br /> or regula�ions advpted pursuant thereto.
<br /> Event af❑efault. Th�wvrds "E�ent of�efault" mean any of the e�ents a�defauft set farth in this Deed of Trust in
<br /> the events❑f default section a�this Deed❑#Trust.
<br /> Guaranty. The word "Guaranty" means the guaranty f�am guarantor, endorser, surety, or accarnmodatian�arty to
<br /> Lend�r, including without iim�tation a guaran�Cy v�all vr par�of the Nvte,
<br /> Hazardous 5uhstan�es. The words "Haza�dous Substances" m�an materials that, because of their quan�ity,
<br /> conc�ntra�ian ar physical, chemica! or infectious characteristics, may cause �r pose a present or potent�a� hazard
<br /> ta human h�afth or the envirvnment v►rhen improperly used, treated, stored, disposed of, generated, manufa�tured,
<br /> transpvrted or otherwise handfed. The words "Haza�daus Substances" are used in their�ery broades�t sense and
<br /> include withvut limi�katian any and al1 ha2ardaus or toxi� substances, mater�als or was�e as defined by ar listed
<br /> under the En�+ranmenta! Laws. The term "Hazardous 5ubstances" also includes, without lirnitativn, petraleum and
<br /> p�tr�leurn by�products ar any#raction thereof and a�bestos.
<br /> �mpro�ements. Th� word "lmpro�ements" means alE existing and future impra��ments, buildings, stru��ures,
<br /> mabile homes affiixed an the Rea� Property, facilities, addi�ivns, replacements and other cflnstructian on the Reaf
<br /> Proper�y.
<br /> �ndebtedness, The word "Indebtedness" means al1 principal, interest, and other amounts, casts and expenses
<br /> payabie under the Nvte �r R�lated Do�uments, togeth�r with all renewals of, extensions ofi, madifications a#,
<br /> consolidatians o�and suk�stitutivns fit�r the Nate or Related Do�umen�s and any amaunts�xpended or ad�anced by
<br /> Lender to dis�harge Trustor's obfigations or expenses in�urred by Trustee ar L�nder to �nfarce Trustor's
<br /> vbli�ations un�er this D�ed of Trust, toge�her with inter�st an such arnounts as pra�ided in this Deed of Trust.
<br /> 5pecifiically, without lirnitati�n, lnd��tedness includes the �utu�re ad�ances set �arth in the Future Ad�ances
<br /> pr��ision, together v�rifih alf inter�st th�rean and all amaunts that may be ind�rectly secured by the
<br /> Cross-Col�aterali�ation pra�ision of this�eed ofi Trust.
<br /> Lender, The word "Lender" rneans Exchange E3ank, its successars and assigns.
<br /> IVote. The wvrd "Note" means the promissory na#e dat�d Augus� 31, �415, in the o��g�na! pr�nc�pal
<br /> amaunt �f $75,���.0�frarn Trustar t❑Lender, together wEth al�renewals of, extensians❑f, m�dificatians o#r
<br /> refinan�ings of, cflnsa�idations af, and subst��utions for th� pramissory note or agreement. NC]TICE T�TRL1STaR:
<br /> THE NaTE C�NTAINS A VARIABLE lNTEREST RATE.
<br /> Persanal Praperty. The wards "Personal Pr�perty" mean all equipment, fixtures, and vther articfes vf persvnal
<br /> property now ar herea�ter ❑wned by Trustar, and now or h�rea#ter atta�hed or affixed to the Real Praperty;
<br /> �fl�ether with all a�cessions, parts, and additions tv, all replacements ❑f, and all su�stitut�vns far, any af su�h
<br /> property; and �agether with all praceeds �including withou# lirnitativn all insurance praceeds and refunds of
<br /> premiums7 from any sale or❑ther dispvsition of the Pr�perty.
<br /> Property. The word "Prop�rty" rneans��Ifecti��ly th� Real Praperty and the Personaf Property.
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