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. ��1 5����5
<br /> DE�D �F TRIJ�T
<br /> Loan No: 4n�QU���'�8 ��o�1��t7ued� � Page �
<br /> shail not prejudice or consti�u�e a waiver of Lender`s right ofihe�-wise t� de�r�and stri�t compl�ance with that
<br /> pro��sian ar any ��her pro��s�on o�#his Deed of Trust. Nv pri�r wai�er by �ender, nor any course of dea�ing
<br /> be�ween Lender and Trustor, shall �onstifute a waiUer of any o�F Lender's rights or of any of Trustor's obligatic�ns
<br /> as to any future tr�nsactions. Whene�er�he consent af Lender is r�quired under this Deed of Trust, the gran�ing
<br /> o�such consent by Lender in any instance sha�l not constitute continuing consent to subsequent ins�ances where
<br /> such consent is required and in a1!�ases such consent may�e granted or withheld�n the sale discret�on o�Lender.
<br /> Se�erabi�ity. lf a court of competen��urisdict�vn �inds any pra�ision of�his ❑eed af Trus�to be illegal, in�alid, ar
<br /> unenforeeable as �o any circumstance, tha# finding shafl not make the o'�ending pro�ision ill�gal, in�alid, or
<br /> unenfar�eable as to any a�her circumstance. if fea��ble, the of��nd�ng pro�ision sha�l be considere� modifed so
<br /> that it be�omes legal, vaiid and enfor�eabie. f�' the offending pro�isian cannot be so modified, it shali be
<br /> cansidered delet�d from this ❑eed a� Trust. Unless otherwise required by law, the i��egaiity, in�a�idity, or
<br /> unen�ar�eabili�y o�any pra�ision vf this �eed of Trust shall na�affect�he legali�y, �a�idi�y ar enforceability of any
<br /> other pro�isian of this❑eed af Trust_ �
<br /> Successvrs and Assigns. Subjec�ta any 1imi�ations stated in this C3eed af Trust on transfer of Trustor's interest,
<br /> this Deed o�Trust shali be binding upon ar�d inure #Q the benef€� o�the parties, their su�cessors and assigns. If
<br /> awnership of the Praper�y becomes �ested in a p��-son other�han Trustar, Lende�, vvithout noti�e ta Trustor, may
<br /> deai w�th Trustor's successo�s with re�erence to this Deed of Trus�and the indebtedness by way of forbearance or
<br /> extens�on w�thout�'eleasing Trustor from the obligati�ns of this Deed of Trusfi or�iab�ii�y under the Ind�btedness.
<br /> Time is o�the Es��nce. Time is of the essence in the performance of this❑eed of Trust.
<br /> Vllairre Jury. All parties to this Deed of Trus�hereby wai�e the right to any jury t�ial in any activn, proceed�ng, ar
<br /> coun#erclaim brvught by any par#y agains'�any other pac-ty.
<br /> �IV'ai�er of Hamestead Exemptian, Trustor hereby re�eases and wai�es all rights and benefits o�the homestead
<br /> exemptian laws of th�S#ate a�hlebraska as ta a�l fndebtedness s��ured by this Deed o�Trust.
<br /> DEF[NITIONS, The follawing capitalized wo�-ds and terms shall have the follawing meanings when used in this Deed of
<br /> Trust_ Unless specifically stated t�#he cantrary, ai! references to doilar amounts shafl mean arnaunts in fawfu� money
<br /> ❑f the Llnited States o�America. V1lards and terms used in �he singular shall include the plurai, and �he p{ura� shal�
<br /> include �he singu�ar, as the context may requi�e. VVords and terms not❑th��-wise de�ined in �his Deed of Trust sha�l
<br /> ha�e�he m�anings at�ributed to such terms in�he Unifarrn Comm�rciai Code:
<br /> B�neficRary. The word"Beneficiary"rneans BANK aF THE INEST,and its successars and assigns.
<br /> Bvrrawer. The ward"Borr�wer"means THE ELKS BU�LDING ASS�ClATIaN UF�RAND ISLAfVD,NEBRASKA and
<br /> includes a�f co-signers and co-mak�rs signing the Note and all their successors and assigns.
<br /> Deed of Trust. The words "�eed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and
<br /> inc�udes without �imita#ion all assignmenf and security interest provisians relating to the Persanal Praper�y and
<br /> Rents.
<br /> ❑efault. Ths word"Def�ui�"means the De€ault set forth in#his❑e�d vf Trust in the section titled"Default".
<br /> Environmental Laws. The words "En�ironmental Laws" mean any and a!l s�ate, federal and lacai statut�s,
<br /> regulations and ordinan�es relat�ng �o th� protection ofi human health o� the en�iranment, includin� w��hout
<br /> [imitation the C�mprehensi�e En�i�vnmental Response, �ompensat�on, and Liability A�t of �9�0, as amended, �2
<br /> U.S.C. Section 960'I, et seq. �"CER�LA"�, the Superfund Amendmen�s and Reau#hori�a#ion Act of�98�, Pub. L.
<br /> No.99--499�"SARA"},th�Hazardvus Mate�ials Transpartat�on Act,49 U.5_�. Section 'I�3�'�, e�seq.,the Resaurce
<br /> Canserva�ion and Reco�ery Act, 4� �J.S.C. Sec�ian 6901, et seq., or other applicable state or federal laws, ruies,
<br /> ❑r regulations adapted pursuan��here�o.
<br /> E�ent of❑efau�t. The wvrds"E�ent of Default"mean any of the e�en�s of defaui�set�flr-th in this Deed af Trust in
<br /> the even#s of defau(t section of�his Deed❑f Trust.
<br /> �uaranty. The vvord"Guaran�y"means the guaran�y frorn guarant��', endorser, sur�ty,ot'accommada�ion pa�ty to
<br /> Lender,inciud�ng withou�iimitatian a guaranty afi ail or part o�the Note.
<br /> Ha�ardc�us Subs#ances. Ths wvrds "Hazardous SubS��nC2S'� m�an materia�s that, because of their quan#i#y,
<br /> concen#ratian or physical, chemical or infectious characteristics, may cause or p�se a p�esent or poten�ial hazard
<br /> to human heal�h ❑r the environment when irnproper�y used, treated,stored, dispos�d of, gen�rated, manufactured,
<br /> transported ar otherwise handled. The�vords "Hazardous Substances"ar� used in�heir�ery broadest sense and
<br /> include without limi�ation any and all ha�ardous ar toxic subs�ances, mater�als or waste as defined by ❑r listed �
<br /> und���he En�i�onmental Laws. The term"Hazardous Substances"aiso includes,without limi�a#�on, petroleum and
<br /> petraleum by-praducts or any frac#i�n thereaf and asbestos.
<br /> lmpra�ements. The w�rd "Impro�ements" means al� ex�sting and future impra�ements, bui�dings, structures,
<br /> mobiie hames affixed on t�e Real Property, faciliti�s, additions, replac�rnents and o#her canstru�tion an the Reai
<br /> Praperty.
<br /> �ndebt�dn��s. The wot'd "Indebtedness" means all principal, �nterest, and o�her amounfs, c�sts and expenses
<br /> payable under the Note ar Re�a��d Documents, �ogethPr with all r�newals ❑�f, extensions of, m�dif€�afions of,
<br /> conso�idafiions of and subs�itutians far the No�e ar R�lated ❑acuments and any amoun�s expend�d o�ad�an�ed by
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