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<br /> DEEa �F T�UST
<br /> ��ontinu�d} Page �
<br /> threir successars in inter�s�. The successor �custee, wi�haur cvn�eyance of the Property, shalf succeed to all the
<br /> ti'tle, po�+rer, and du�ies con#�rred upon the Truste� in this Deed at Trust and by appl�cable law. This�rocedur�fior
<br /> substitutian af Trus�ee�ha11 ga�ern to�he���lusi�n Q�F a�I v�her proWisions for substitution.
<br /> NQTICES. Any notice required�o b� giWen under�his De�d o�Trus�, incfuding �ui�thaut��mitation any n�tice �f defaul�
<br /> and ar�y not�ce ��sal� shall be gi�en in writing, and shall be e���cxi�e vvhen actuafly deli�ered, when actually received
<br /> �y tef�:#acsimile �unless vther�rvise requir�d by law}, when deposited with a nativnally recpgnized❑�ernight c�urier,or, i'f
<br /> mailed, v�hen dep�s�ted in th� Unired States mailr as firs�class, ce��ifi�d ar registered mail postage prepaid, directed tv
<br /> �h��addresses shvv+rn near the b�ginning vf this tieed af Trust. All c�pies o'�noti��s of�Fr�reclosure�rom the holder of
<br /> any l��n whi�h ha� priot'ity ���r thEs aeed of Trust shall be sent to Lender'� address, as sha�wn near the b�g'rnning af
<br /> this ❑�ed vf Trusfi. Any pe�san may �han�e his or h�r address for nat�c�s under this Deed o�Trus� �ay gs�ing forma�
<br /> writ�er� nn�ice tQ �he ❑�her persan �r persans, specifying �that the purpose of t�e notice is �o Ghange �he persa�'s
<br /> addre�s. Far na�tice purposes.Trust�r agrees to keep Lender informed a�afl times❑�f Trustor's current address. Un�ess
<br /> o�her�n�ise pro�ided vr required by law, i'�ther� is more than one Trustvr, any notice gi�en by Lender ta any Trustflr is
<br /> deern�d ta b�noti�e give�n to all Trustars. 1�wiR�be Trusxor's r�spansi�ility tv tell the Qthers at�he no�ic��rom Lenc�er.
<br /> MlSC�LLANEDUS PROV�SIQNS. The�a!lvwing mis�ellanevus pra�isions are a part o�thiS Deed of Trust;
<br /> Amendment�. V�lha# is written in th3s Deed of Trust and in the Relate� Documents is Trustor's entire agre�rnent
<br /> _ w�i�h Lender cancerning�h� matters caWered by this ❑�ed of Trust. Tv be ef�ecti�e� any�hange o r amendment ta
<br /> tl�t�s ❑�ed ��Trust must be in wri�ing and must be signed hy whoe�er will be bound or obligated by�h�change ar
<br /> ai�nendmen�.
<br /> Caption Headings, Cap'Cion headings in �his Deed of TruSt ar� for canvenience purposes on[y and are no�t tv be
<br /> u aed�a interpret v�r d��in�the provisions of thi�Deed of Trus�C,
<br /> iV�erger. There shal� be n�merger o�F the interes�or estate �reated by this Deed�f Trust with any athsr interest or
<br /> estafie in th� Pro�perty at any tim� he[d by or fvr the ber�efit o� Lender in any ca�aGifiy, without the writ�en �on$ent
<br /> o��.end�r,
<br /> Gv�erning Law. This Deed ��Trust wilC be gnvernsd by federal law applicab[e to Lender and, to the ex�ent not
<br /> preemp�ted by federa�law,the laws o'�the State af Nebraska without regard�o its�vn��icts of law pro►risions. This
<br /> De�d of Trust has be�n�cce�ted hy Lender in the State o�MVebraska.
<br /> � Choice o�V�nue. I�there is a fawsuit, Trusr�r agrees upon Ler�der's request ta submit �o �he jurisd':ction of th�
<br /> c+�urts❑�Hafl�ounty, 5'tate of Nebraska.
<br /> • J�in� and Se�era� Liability. All �bligations �f Trustar under this aeed of Trus� �hall be joint and severai, and all
<br /> rE:�erences to Trustor shatf inean each and e��ry Trustar. This rn�ans that each Tru�t�r �igriin� bel�v►r is
<br /> r�:spvnsik�le�ar a�i❑bligations in this Deed af Trust.
<br /> � No Wai�er by Lend��. Trus�vr unders'C�nds Lender wi�1 nt��gi�e up any afi �.�nder's rights under this i�eed of Trust
<br /> unl�ss Lender dves sc� in writing. The �act that Lender del�ys ar amEts to ex�rci�e any right will nat rnean �kha�
<br /> L�nder has gi�en up that righ�. I� Lender dv�s agr�e in writing to gi�� up ane o� Lender`s rights, th�t daes not
<br /> rnean Trustvr wili nat have �o �arnpfy with the othe� proWisi�ns of this Deed o�F Trust. Trustar also understands
<br /> � �hat if L�nder does �Qns�nt to a requ�s�t, that daes not mean that Trustvr wiI[ nc�t ha�e to ge� L�nder'S �DnS�nt
<br /> a�ain if the situation ha�pens again. Trus'tQr�urther understands that just because�,ender can�ent�ta ane❑r mare
<br /> vf Trust�r's req�ests, that does nQt mean Lender will b� required ta �ansen�to any of Trustor's future reques�s.
<br /> Trus�or waiUes presentment,demand�or paym�nt, prvtest, and naticE vf dishonor.
<br /> Se�erahi[ity, If a court finds that an� prvvisi�n afi this D�ed af Trust is not�a�id or shvuld n�t he enforced, that
<br /> tact by itself wil[ not mean that the rest a��hi� �eed v�f Trusx wi�l not be �a��d or en�vrced. There�ace, ��vurt will
<br /> ' en�v�ce the rest of the�ro�is�vns af this Deed vf Trust even if a pra�ision o#this Deed of Trust may he�€vund ta be
<br /> iri�alid or unen�arceable.
<br /> Successars and Assigns. Sub�ect ta any i�mi�atians stated in this Deed of Trust on transfer af Trust�r's interest,
<br /> t��is Deed o�Trust sha[I be binding upan and �nure to the bene�it af the par�ties, their su�cessors and assi�ns. If
<br /> • ownership of the Prt�per�y becomes �ested in a pErsvn other than Trus�or, Lender, withoux natice to Trustor, may
<br /> d��ai with Trustvr's�uccessors with refer�nce to this D�ed vf Trust and the[nd�btedness by way o�f�rbearance ar
<br /> extension without re(easing Trustor fr�m the obi+gat�ons�f this ❑eed of Trust❑r iiability und�r the lndeb�CEdness.
<br /> Tim�is❑�the Essen�e. T�me is afi�he essence in the per�ocmance of this Deed of Trust,
<br /> V►laiwer c�f F�omeste�d Exemption. Trus�or hereby rele�ses and waives afl right� and benefits vf rhe homestead
<br /> exemption laws a�the State o'�Nebraska as'tv all lndebtedne�s s�cured b��this Deed af Trus�.
<br /> DEFINIT�DNS, The fivlfowing wards shal�ha�e�the following meanings when used in this Deed a�Trust:
<br /> B�nefi��ary. The w�rd "Beneficiary" me�ns Exchange Banl�, �nd its su�cessors and assigns,
<br /> Barrower. The word "Barrawe�" means J PAUL MEYER and CYNTHIA M MEYER and incluc�es aC! co-signers and
<br /> cv-makers sign�ng the Credit Agreement�nd a�I their successars and assigns.
<br /> �red�t Agreement. The vvords "�redifi Agr��ment" mean the Gredi�t agreement dated 5epfember 4, �015, t►Vith
<br /> credit I�mit of $46,U[][],�4 from Trustar�o Lender,to�ether wrth alf renewals af,extensions of, mvdi#ications
<br /> o�, refinancings a�, consolidations vf, and sub$titut�vns far the promissary n�te �� agreement. N�TICE T�
<br /> TRUSTOR: THE CR�D�T AGRE�MENT C�]NTAINS A VAR�ASLE lNTERE�T RI�TE.
<br /> ❑�eed af Trust. The words "Deed of Trust"' mean this Deed v� Trust arnong Trustor, Lender, and Trus�tee� and
<br /> ir�cludes wi�hout �im�tatian a�l as�ignmen� and se�urity interes� pro�isians relating ta the Personal Prnperty and
<br /> - Rents.
<br /> � ,Environmentai Laws. The wor�s "En�irtanmentaf Laws" mean any and all s�axe, �Federal and Ivcaf statutesr
<br /> regu��ti�ns and ❑r�fnances relating tv fihe pratecti�n vf human h�alth ❑r th� environmen�r includir�g without
<br /> I��nitat�vn the Comprehensi�e En�ironm�n�a! Response, Compensa�ion, and L�ability A�t vf z 984, as amended, ��
<br /> U��,C, Section 9��31, �t seq. �"��R��,A"y, the 5uperfund Amendmen�s and R�authvrization Ac�vf '�985, Pub. L.
<br /> 1�v. 99-499 �"SARA"y,th� Hazardous Ma�eri�ls Transportativn Act,49 LI.S.C. S�ctian 18�1,et seq.,�h�Resaurce
<br /> Canser�ation and Reco��ry Ac�, 42 �,S,C. Section �9�1, st s�q., ar❑�her applicable state ar federal laws, rules,
<br /> or regulations adopted pursuant thereto,
<br /> E►r�n�of Default, The words "Event of D�faul�" m�an any af�he e�ents Q�de�ault s�et forth�n this D��d ofi Trust in
<br /> ths e��n�s of defauli sec�C�vr�ofi this Deed af Trus�t.
<br /> Existir�g Ind�b�edness. The words "Existing #ndef�t�dness" mean the �ndebtedness des�ribed in the Ex;sting Ltens
<br /> pr��ision a�this ❑��d vf Trust.
<br /> Hlazardous �ubs#ances. The w�rds "Ha�ard�us Substances"' rr��an ma�terials that� because af th�ir quantity,
<br /> , conc�ntra'tian or physical, chemi�af or Enf�ctious characteristics, may cause vr pose a present ar pvtential ha�ard
<br /> �c�human heaith ❑r the�n�ironment when impraperl}� used,�reated, star�d, disp�sed❑f, �enerated, manufacrured,
<br /> t��an�ported ❑r❑therwis� handled. The words "Ha�ardous 5ubstances" are used in their�e�y �road�s'� sens� and
<br /> • include withou� limita'tian any and a[I hazardaus or toxic subsran�es, mater�a[s ar waste as de�ined by or listed
<br /> under the EnWir�nmental Laws. The term "Hazardous Substances" a1sQ includes, withou�fimitation, petra�eurn and
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