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<br /> DEED �F TRUST
<br /> ���ntinu�d} Page 7
<br /> EWent o#Defauit, The words "E�ent of❑efault" mean any of the e�en�s af default set forth in this Deed af Trust in
<br /> the events o�default sectivn❑�this De�d❑f Trust.
<br /> Existing �ndeb�edness. The w�rds "Existin� Indehtedn�ss" mean#he indebtedne�s des�ribed in the E�is�ing Liens
<br /> pra�ision of this❑eed of Trust.
<br /> Hazardous Suhstances, Th� ►nrords "Hazardous 5ubstances" mean materials that, hecause of their quantity,
<br /> concentration or physical. �hemi�ai or in#ectivus characterEstics, may caus� �r pose a present vr potential haza�d
<br /> to human heafth or th��nvironment when impr�perly used, �r�ated, s�vred, dispvsed vf, generated, manufa�tured,
<br /> #ransported or atherwise handled. The words "Hazardous Substances" are used in their very braadest sense and
<br /> Enclude vuithaut limitation any and all ha�ardous ar toxic substan�es, materials or was�e as defined by ar listed
<br /> und�r the Enviranm�ntal Laws. The term "Hazardaus 5ubs�an�es" also includes, without limi�atian, petraleum and
<br /> pe�raleum by-produc�s or any fraction thereaf and asbestos,
<br /> lrnprv�em�n�s. The word "€mpro�ements" m�ans all existing and �uture improvements, buildings, structures,
<br /> mabile hames affixed ❑n the Real Praper�Cy, �aGili�ies, additions, rep�acements and ❑ther canstruction an the Real
<br /> PrQperty.
<br /> Indebtedness. The ward "Indebtedn�ss" means all principai, interest, and ❑ther amaunts, C�5�5 and expenses
<br /> payable under the �redit Agreement or Related ❑ocuments, tvgether with ai1 renewals of, extensians of,
<br /> modifications o�, cansv�idations af and substitutions for the �redi� Agreement vr Re�ated ❑acuments and any
<br /> am�unts expended ar ad�an�ed by Lender t❑ discharge Trustor's obligativns or expenses incurr�d by Trustee or
<br /> Lender t❑ enfarc� Trustvr's a�li�ations under this Deed af Trust, together with �n�ersst vn such amvunts as
<br /> pro�ided in�his Deed vf Trust.
<br /> Lender. The ward "Lender" means Exchange Sank, its successars and assigns. The words "successors or
<br /> assigns" mean any person or company that a�quires any interest in the Credit Agreement.
<br /> Persanat Praperty. The words "Persona� Praper�y" mean all �quipment, �ixtures, and oth�r ar�i�les ❑f persanal
<br /> property now ❑r hereafter owned hy Trus�vr, and now ❑r hereafter atta�hed vr af��xed to the Real Property;
<br /> to�e�her w�th a�l accessions, parts, and addi�ions �o, all repla�ements v�, and all substitutivns for, any of such
<br /> praperty; and toge�her with a�� proceeds �including with�ut limitation all insurance praceeds and refunds of
<br /> premiums;�rorr�any sale or oth�r disposition of th� Prvperty.
<br /> Property, The wor� "Prope�ty" means colle�ti�e�y th� Real PrQperty and the Persvnal Prap�rty.
<br /> Rea!Prap�rty. The words "Real Praperty" mean�he real property, in�erests and righ�s, as ��rrth�r described in this
<br /> Deed of Trust.
<br /> Related Do�uments. The wards "R�la��d Dacumen�s" mean all p�omiss�ry n�tes, credit agreements, loan
<br /> agreemen#s, en�ironmental agreements, guaranties, security agreements, mvrtgages, deeds of trust, se�urity
<br /> deeds, collat�ral mor�gages, and all ❑ther instruments, agreernents and dacuments, whether naw or hereafter
<br /> existing,executed in cvnnection with the Indebtedness.
<br /> Rents. The word "Rents" m�ans a!� p�esent and future rents, re�enues, incam�, issues, royalties, profi#s, and
<br /> other ben�fits deri�ed frorn the Property.
<br /> Trustee. The word "Truste�" means Exchange Bank, wh�s�address is P� Box 397, Kearn�y, NE fi$848 and any
<br /> 5LIb5rtltufiE al'S�CC�SSQ���'�S��E'.S.
<br /> Trustor, The word "Trustar" means Jerrard R, Rass and Cvurtney Rvss.
<br /> EACH TRUST�R ACKN�VIIL,EDGES HAViNG R�AD ALL THE PR�VISl�NS �F THIS DEED C]F TRUST, aND EACH
<br /> TRUST�R A�REES TD�TS TERMS.
<br /> TRlJSTQ�;
<br /> � �
<br /> rrard R.R�ss
<br /> X ���' ��
<br /> Gour�ney Rvs�
<br /> INDIV�DUAL A�KN�INLED�NiENT
<br /> � j
<br /> STATEOF , � , � )
<br /> �SS
<br /> CDUNTY❑F ��� ��
<br /> }
<br /> �n this day hefore me, the undersigned Natary Public, personally appeared Jerrard R. Ross and�vurtney Rass,husband
<br /> and wife,t� me known t❑ be the indi�iduals described in and wha exe�ut�d the De�d of Trust, and acknowledged that
<br /> they signed the ❑eed of Trust as their free and�aluntary act and deed, �or t uses and purpQses therein rnentivned,
<br /> : ��
<br /> Gi�en under rr�y hand and affi�ial sea�this ���� day o� `� .�. �, 20 �
<br /> � � �f ���.
<br /> 6y_ ;
<br /> w
<br /> Print�d e: � .� ���
<br /> Notary Public' and#vr�he Sta�e of
<br /> �� �
<br /> Residing at ....�.�--.,'"`����
<br /> �.�l�T�Y-��f���as�ca � � � �
<br /> �����pu�� My cammission expires � �
<br /> �y�mm.�.�a�h�,��37
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