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2� 15�7�8�
<br /> aEEQ C]F T�U�T
<br /> �C�ntinued� Page 6
<br /> N�TICEa. Any notice required �Co be g��en under�his ❑�ed af Trust, including withaut limitatian any n�tice of default
<br /> and any nfltice of sale sha�l be gi�en in writing, and shail �e e�fecti�e when actually d�li��red, when a��ually recei�ed
<br /> by�elefacsim�le {unless otherwise required by law�, when deposited with a nationally recogni�ed o�ernight courE�r, ar, if
<br /> mailed, ►nrhen deposi�ed �n the Uni�ed 5tates mail, as first c�ass, certified �r registered mail pvstage prepaid, �iir�cted ta
<br /> the addresses shawn near the beginning �f this Deed a�Trust. Aff �vpies �f no�ices of foreclosure from �he holder of
<br /> any lien which has prior�ty v�er this D�ed af Trus� sha�� be sen� �o Lender's address, as shown near the beginning af
<br /> this ❑eed o€ Trust. Any person may change his or her address far nati�es under this Deed vf Trust by gi�ing formal
<br /> wri�ten n�t�ce fia the ather persan o� p�rsons, specify�ng that �he purpose af the notice is ta change the person's
<br /> address. Far nati�e purpos�s, Trustar agrees�a keep Lender infvrmed a� all times v�Trustor's current address. Unless
<br /> otherwise pra�ided or required by faw, if there is more �khan on� Trustor, any notice gi�en by Lender to any Trustor is
<br /> de�med to he nv�ice gi��n to all Trustars. !t will b�Trustor's responsibility to tell the athers of the natice from Lender.
<br /> M15�ELLANE�US PR�V151�N5. The�olfawing misce!laneous pro�isians are a part o�this Deed of Trust:
<br /> Amendments. Vllhat is writt�n in this [Jeed v# Trust and in the Re�ated Dvcuments �� Trustor's entire agreement
<br /> with L�nder conc�rning the matters co�ered by th"rs Deed af Trust. To be effecti�e, any change vr amendmen�t to
<br /> this Deed o�Trust must be in writing and must be signed by whoe�er wiii be �aund ar ob�igated by the change or
<br /> amendment.
<br /> CaQtian H�adings. Cap�ion headings in this Deed vf Trust are fvr can�enience purpvses only and are not to be
<br /> used ta in��rpret ar define the prowisi�ns af th�s D��d�f Trus�.
<br /> M�rger. There sha[I be nv merger�f the interest ar esta'te �rea�ed by this Deed o�Trus�C with any vther interest�r
<br /> estate 'rn the Prvperty a�any time held by ar�ar the ben�fit vf Lender in any �apacity, without the wr���en consent
<br /> o�Lender,
<br /> G�►rern�ng Law. This Deed of T�ust ►►vili he go►►erned by federal �aw app�icable tv Lender and, tv the ex�en# no�
<br /> pr�empted hy federal lavu,�he faws of the State of Nehraska withvut regard to i�s canfiicts v��aw pra�isivns. This
<br /> ❑��d v�Trus#has been accepted hy Lender�n the State of Nebraska.
<br /> Ch�ice vf Venue. !f �here is a lawsuit, Trustor agrees upon L�nd�r's request ta submit ta �he jur�sdic�ivn of the
<br /> courts of Hall Coun�y, 5tate of Nebraska.
<br /> Joint and S��erai Liabili#y. All obligativns of Trustvr unde� this Deed ❑f Trust sha�l be jaint and se�eral, and alf
<br /> references to Trus�or shall mean each and e�ery Trustor. This means tha� each Trus�or signing bel�w is
<br /> respons�ble�ar all vbligafiions in this ❑eed�f Trust.
<br /> N❑V'Vai�er hy Lender. Trustor understands Lender will not gi�e up any afi Lender's rights under this Deed of Trust
<br /> unless Lend�r daes sv in writing. Th� fa�t that Lender deiays or vmits to �xercise any right will nvfi m�an fihat
<br /> Lender has gi�en up that right. I�F Lender daes agree in writ�ng ta gi�e up ane vf Lender's rights, that does n��
<br /> mean Trustor will not ha�e ta comply with the athsr p�Q�isi�ns af thi� De�d o� Trus�. Trustar also understands
<br /> �khat if Lender does consen� to a request, tha� dves not mean that Trus�ar wil! nat ha�e to get Lender's consent
<br /> again if the�ituation happens again. Trustar further understands tha�just because Lender consents tv ane or more
<br /> of Trustar's r�qu�sts, tha� daes not mean Lender ►rvi�l be required to cons�nt ta any of Trustor's #uture r�quests,
<br /> Trustor wai�es p�esentment, dernand for payment, protest, and nvtice of dishonor.
<br /> Se�erah��ity. i# a �ourt �inds that any pra�ision v�this Deed of Trust is not �alid ar should no� be enforced, that
<br /> fac� by itself wiil not mean that the rest o#this Deed of Trust will not be �aiid or enfarced. Th�refore, a court wil�
<br /> en'�orce the rest af the prov�sivns ofi this ❑eed of Trus�e�en if a pro��sivn af this Deed of Trust may be found to be
<br /> in�a�id or ur�en�orceable.
<br /> Successvrs and Assigns. 5ubject�a any limitat��ns stated in this Deed of Trust ❑n transfer ❑f Trustor's interest,
<br /> �hFs Deed af Trust shall be binding upan and inure to the benefit o� th� part�es, th�ir successors and assigns. Ifi
<br /> own�rship of the Proper�y becomes �ested in a person vth�r than Trustor, Lender, withaut notice tv Trus�or, may
<br /> dea] with Trust�r's su�cessors wi�h refer�nce t�this Deed of Trust and the Indebtedness �y way of�orbearance or
<br /> ext�nsivn with�u�releasing Trustor from the of��igations af�his Deed of Trust❑r liability under the Indebtedness,
<br /> Time is a�the Essence. Time is of�he essence in th� performance o�this ❑eed ofi Trust.
<br /> Vllaiver of Hvmestead Exemptivn. Trustor hereby releases and wa��es all rights and �enefits a� �he homestead
<br /> ex�mp�ivn laws vf the S�a�e vf Nebraska as ta�fl ind�btedness secur�d by this Deed o�Trus�.
<br /> DEFINITIDNS. The fallowing words shal� ha�e the following meanings wh�n used in�his Deed of Trust:
<br /> Bene�iciary. Th�word "g�neficiary" means Ex�hange Bank, and its successors and assigns.
<br /> Bor�ower. The word "'Borrvwer" means PATRICIA J PLA�KE and FRED J MASSING and includes all co-signers
<br /> and ca--makers signing the Credit Ag�eement and all their suc�sssors and assigns.
<br /> Credit Agreemen�. The words "C�edit Agreement" mean �the credi�t agreement dated �c�vber 28, 2015, wlth
<br /> cred�t lirr�it af $'i D.��D.�D�rom Trus�tor tv Lender, tog�th�r wi�h all renewals o�, �x�ensions❑f, modifications
<br /> af, re��nancings a�, consolidations af, and substitutians for the promissory note or agreem�nt. N�TICE T�
<br /> TRL�ST�R: THE CREDIT AGREEMENT C�NT►�INS A VARIABLE INTEREST RATE.
<br /> ❑�ed of Trus�. The wards "'�eed af Trust" mean this Deed �f Trust amon� Trustor, Lend�r, and Trustee, and
<br /> inc�udes wi'thoufi limita�ian a�l ass�gnmen� and security interes� pro�isians r�lating �o �he Personal Prop�rty and
<br /> Rents.
<br /> En�irvnm�n�al Laws. The w�rds "En�iranmentai Laws" mean any and all state, �ede�a� and �ocal statutes,
<br /> regulatians and ordinances re�ating �o �he prvtection of human heaith ar the en�ironment, including withou�
<br /> I�mitativn the Camprehensi�� En�irvnmen�a! Response, �ompensation, and Liability Act o� 198�, as am�nded, 42
<br /> ��S.�. SeGtion 9��1, et seq. �"GERCLA"�, �he 5uperfur�d Amendments and Reau�horization Act of 1986, Pub. L.
<br /> No. 99-�99 �"SARA"�, fihe HazardQus Materiafs Transpartatian Ac�, 49 U.S.C. Sectivn 18�1, ��#seq., the Resvurce
<br /> Cor�ser�a�ivn and ReGo�ery Act, 4� L1.5.�. Section 6901, e�s�q., vr vther appli�able stat� or#ederal laws, rules,
<br /> or r�gulations adapted pursuant thereto.
<br /> E�ent a�De#ault. The wo�ds "E�ent o�Qefaul�" m�an any of the e�ents of defauft se�farth in this Deed of Trust in
<br /> the e��nts o�default se�tian of this ❑eed o�Trust.
<br /> Existing Indehfiedness. The words "Existing Indebtedness" mean th� indeb�edness des�ribed in the Existing Liens
<br /> pravisivn Qf this Deed of Trust.
<br /> Hazardnus Substances. The w�rds "Hazardous Substanc�s" mean materials that, be�ause of th�ir quantity,
<br /> concent�ati�n ar physi�al, chemicai �r infectious charact�ristics, may cause or pose a present or poten�ia� ha�ard
<br /> to human health or the en�ironment ►►vhen improperly used, treated, s�vredr dispos�d of, gene�ated, manufac�Cur�d�
<br /> transp�rted vr vthe�wise handled. Th� wards "Hazardous Substances" ar� used in their �ery braadest sens� and
<br /> include without �imitatian any and a(l hazardous vr #�xi� substances, materials or waste as de�in�d by or listed
<br /> und��the En�ironm�ntal Laws. The term "Hazardous 5ubstances" also includes, wFthout limitatian. pe�rvleum and
<br /> pet�aleum by�prod��ts or any�raction�hereaf and as�es�kas.
<br /> Improvements. The word "Impra�emen�s" rn�ans ail exis'�ing and fu�ure impro��ments, buildings, st�u�tures,
<br /> mobile homes a�#ixed on the Real Property, facilities, additions, repla�ements and ather construction on the Real
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