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2� 1 �� 1 �88
<br /> DEE� �F TRUST
<br /> ' Pa e �
<br /> Loan N�: 8�����4'i 2 ��o�lt�nued} 9
<br /> their successors in int�rest. The su�cessor truste�, without cvnv�yance �f th� Property, shall succeed t� all the
<br /> title, power, and duties conferr�d up�n�he Trustee in this Deed af Trust and by appli�able law. This procedure for
<br /> suhstituti�n of Trustee shall gove�n ta�he exGlusion❑f all ather pr�Wisians for Suhstitution,
<br /> [V�TICES. Any notice required to be given under this aeed af Trust, in�luding wi�th�ut {imi�tation any noti�e af default
<br /> and any n�ti�e of sale shall be giW�n in writing, and �hall be effectiv� when actua�ly deli�er�d� when aGtually receiWed
<br /> by tel��aGsimile �unless ❑th�rwise re�ui��d by law}, when depasited w�th a nativnally recognized oWernight courier, ❑r, i#
<br /> mailed, wh�n depasited in the Unit�d S�ates mai�, as first class, ��rtified or registered mail pastage prepaid, dErect�d to
<br /> the ad�resses shQwn near th� beginning of this Deed c�f Trust. All capies ❑� nati�es ❑f fc�r�closure fram th� hold�r o#
<br /> any I�en whi�h has priarity over this Dee� of Trus� shall be sen� to Lender's addrsss, as shown near the �eg�nning ��
<br /> this Deed of Trust. Any person may �hange his ar her addr�ss for n�tices unde� this Deed af Trust by gi�ing farmal
<br /> written notice to the ather persgn o� persons, specifying that the purpc�se a� the notice �s ra change the pers�n's
<br /> address. Far n�tice purposes, Trustor agrees ta keep Lender informed at all times of Trus�ar's �urrent add�ess. Unless
<br /> ❑thertirvise pravided o� required hy lavv, i�ther� is more than vne T�us'�or, any notice �iven by Lsnder tv any Trus�Yar is
<br /> deemed�o b� nQtice giUen ta a�l Trustars. lt will be Trustar's respansibifity to tell the❑thers af the natice�ram Lend�r.
<br /> MI�CELLANE�U� PR�VISI�NS. The��Ilavving miscellaneous pr�visi�ns are a par�a�F this ❑eed �f Tsust:
<br /> Amendm�nts. What is tirvritten in fihis De�d c�� Trust and in the Related ��cuments is Trustar's entire agreement
<br /> with Len�er cancerning the matters covered �y�his Deed o�F Trust. To be effectiv�, any ch�nge or amendmen�t�
<br /> this Deed af Trus� must be in writing and must be sign�d by wh�e��r ►nrill he bound or obligated hy the Ghang� ❑r
<br /> amendment.
<br /> Captian Haadings. Caption headings in this C7ee� ❑f Trust are far Cvn�enEence �urpases �nly and are nat ta be
<br /> us�d�a interpret Qr define fihe pr�W�sians �f this Q�ed af Trust.
<br /> 11ll�rger. There sha11 be na merger a�the int�r��t or estate created �y this Deed Qf Trust with any❑ther interest or
<br /> estate in the Praperty at any time held by ar far the benefit �f Lender in any �apacity, withaut the written c�nsent
<br /> vf Lender.
<br /> Governing Law. T'his aeed o�F Trust wiil be go�erned hy �federal law a}�pli�ab[e to Lender �nd. to the extent n�t
<br /> pr��mpted hy#sderal law�the laws of th�5ta#e of Nebraska wi#haut regard to�ts conflict� of lav►r prvvisi�ns. This
<br /> Deed �f Trust has hsen accepted hy Lender in th�S�ate of Nebraska.
<br /> Choice of Vsnu�. !f there is a lavvsuit, Trustor agrees upon Lender's reques� �� subm�t ta the jur�sdiction af the
<br /> courfis vf Ha�l C�unty, 5tate �f Nebraska.
<br /> No llllaiver hy Lender, Trustor unders�ands L�nder will not give up any of L�nder's rights under this Deed of T�ust
<br /> un[�ss Lender d�es so in writing. Th� �act that Lender dela�s or amits ta ex��cis� any right will n�t mean that
<br /> Lender has g�ven up that right. �� Lender daes agr�e in writing ta give up �ne of Lend�r's rights, �hat daes n�'t
<br /> mean Trustar w�ll na� ha�re ta comply with �he oth�r pr��isions of th�s Deed of Trust. Trustor aiso understands
<br /> �hat if Lender does �ansent ta a request, that daes nat mean that Trustor will not ha�e ta ��t Lender's �ansent
<br /> again if the situatian happens aga�n. Trustor#ur�her understands that just b�cause Lender c�nsents ta on� o�more
<br /> af Trustvr's reques�sr tha� d�es n�t mean Lende� wi�l be required to c�n�ent t� any o�r Trust�r's future requests.
<br /> Trustor waives pr�sentment, demand far payment, protest, and nvtice af dishonar.
<br /> S�ve�abiIity. !f a caurt find� that any pro�i5ian af th�s Deed o� Trus� is not valid or sh�u[d nat be enforced, that
<br /> �act hy itself will not mean�hat th� rest❑f this Qeed �f Trust will nat b� valid �r enforced. There��re, a ��urt will
<br /> enfarce the rest of the p�avisivns a�this �eed of Trus�e��n if a provisian of this Deed �f Trust may be fvund�v be
<br /> invalid ar un�ni`or�eabl�,
<br /> Su�cess�r� and Assigns. �ub�ec� to any �imitat��ns stated in this Deed af Trust an transfer �f Trustor's interest,
<br /> this a�ed af Trust shal[ be binding upon and inure to �he benefit c�f the parties, �heir success�rs and assigns. lf
<br /> awnership ❑f the Praperty becomes �ested in a persan ather than Trust�r, Lender, ►nri�haut nvtice tv Trus�or, may
<br /> deal w�th Trusto�'s sucGessars wi�h reference t❑this Deed ❑f Trust and the Indebt�dness by way of fvrbearan�e❑r
<br /> extension withaut re�easing Trustor from the vb[ic�ativn�of this aeed af Trust❑r�iak�ility under the [nde�tedness.
<br /> Time is af the Essence. Tim� is �f the essen�� in the performan�e o�this D�ed �f Trust,
<br /> Waive Jury. AI[ parties ta this Deed vf Trust herek�y waive�the right to any jury trial in any�ction. proceeding, vr
<br /> cvunterGEaim brough#hy any party against any other party.
<br /> V1laiver of H�mestead Exemptione Trustar hereby releases and wai�es all rights and �enefits a� �he homestead
<br /> exempti�n �aws of the State�� N�braska as tc� al� Indebtedness secured by this ❑eed of Trust.
<br /> DEFINITI�N�, The faliawing words sha11 have the following meanings when us�d in�his Deed af Trus�to
<br /> Ben�ficiary. The word "Beneficiary" me�ns Equitabl� �ank, and its success�rs and assigns.
<br /> Barrower. The ward "Borrower" rrieans Jvhn R 5tvl�enk�erg and inciudes all co-signers an� ca-m�kers signing the
<br /> Credit Agreemen��nd al�their successors and assigns.
<br /> Credit Agreemant. The words "�redi� Agreemen�" mean th� credit agreement dafied February �9, ��1�, Wlth
<br /> cred�t iimit of ���,���.��fr�m Trus�or to Lender, tagether with a!i �enewals af, extensians of, m�difications
<br /> af, refinan�3n�s af, Gons�lidations af, and substitutions�or the �ramissvey note �r agreemen�. The maturity date of
<br /> this Qeed of Trust is February '19, ���1. NDTICE TO TRUST�R: THE �REaIT AGREEMENT C�NTAINS A
<br /> VARIABLE 1NTEREST RATE.
<br /> Deed af Trust. The wQrds "I�eed o�F Trust" mean this Deed 4f Trust amon� Trust�r, Lender, and Trusteep �nd
<br /> includes wifihou� l�rnitatian all assignment and s�curity int�rest prv��si�ns relating to the Personal Praperty and
<br /> Ren��a
<br /> EnvirvnmentaE Laws. The wards "Environmen#al Laws" mean an�r and all state, �Federaf and Ioca[ statutes,
<br /> regulati�ns and ordinances refating ta th� prat�ctian a� human h�al�h �r the environment, �ncluding� withaut
<br /> Limitatian th� �vmpr�hensi�e En�iranmental Response, C�mpensa�i�n, and Liahility Act of 1�80, as amende�l, 42
<br /> �.S.G. S�c�ian ����, et seq. ["CER�LA"}, the Superfund Am�ndments and Reautharization Act of. �98�, Pub, L.
<br /> hlo. 99--499 �"SARA"},the Hazardaus Ma�eria�s Transparta�ian Act, 49 U.S.C. Section �8�1, et seq., the Resour�e
<br /> �onser�ation and Reco�ery AGt, �� U.�.�. SeGtion 59�1 r et seq., �r oth�r applicable state ar fed�ral laws, rules,
<br /> or regulations adap��d pursuant theretv,
<br /> Event vf Defauit, Th� wvrds "Even#af Default" mean any a#the e�ents of de�ault set f�rth in�his D�ed a�Trust in
<br /> �he e�ents o�default s�ctian af thi� ❑eed af Trust.
<br /> Exis#ing Indsbtedn�ss. The w�rds "Existing lnd��#edness" mean �he indebtedness des�rihed in-the Existin� Liens
<br /> proWision of�his Beed �f Trus�.
<br /> Ha�ardous Substances. The words "Hazard�us Su�o-stances" mean materials that, b�cause af their quanti�y,
<br /> cvncentrativn t�r physical, chemical or infectiaus characteris��cs, may cause or pose a pr�sent ar p�ten�ial ha�ard
<br /> t� human health or�the environm�nt wh�n impraperly �ssd, treated, stored� dispvsed a�, generated, manufactured,
<br /> transpvrted or atherwis� handled. The w�rds "Haza�dous 5ubstan�es" are used in their Wery �raadest s�ns� and
<br /> in�lude withou� limi�ati�n any and all ha�ardaus vr tc�xic substances, ma��rials ar uvas�e as de#ined by ar listed
<br /> under the Envi�anmental Laws. The term "Hazardaus Substances" alsa in�ludesf wi�haut limitat�on, pet�oleum and
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