2� 1 �� 1519
<br /> DEED C]F TRUST
<br /> Loan Nv: 'I�12944'I 7 �C�nt�nued� Page 9
<br /> shall no� preludi�e or ��nstitu�e a wai�er o� Lender's right otherwis� to demand strict complianc� wi�h that
<br /> pro�ision or any ❑ther provision ❑f this Deed of Trust. No priar wai�er by Lender, nor any course ❑f dealing
<br /> befiw�en Lender an� Trustorr shall cons�itu�e a waiver ❑f any vf Lender's rights vr �f any of Trustor's ohligations
<br /> as ta any fiuture transactions, VllheneWer the consen� o� Lender is required under this Deed of Trust, the granting
<br /> ❑f such consent by Lender in any instance shall not canstitute con�inuing consent to subsequent instan�es where
<br /> such cansent is required and in all cases such consen�rnay be g�-anted or withheld in�he sole discretion��Lender.
<br /> Severability. If a court vf competent jurisdictivn finds any pro�ision of�his Deed ��Trus�tv be i��egal, in�alid, ❑r
<br /> unenforceable as tv any person vr circumstance, that finding shall not make �he offending provision illegal, in�alid,
<br /> ❑r unenforceable as t❑ any v�her person ar circums�ance. 1fi feasibEe, the o�fending prv�ision shall be cansidered
<br /> modified s❑ �hat it becames lega[, �alid and enfarceabl�. if the ❑ffending pro�ision cannot be s❑ mvdi�ied, i� shall
<br /> be considered de�eted fr�m this Deed o� Trust. Llnless atherwise requi�red by law, the illegality, invalidity, or
<br /> unenfvrceability o� any pro�isi�n vf�his Deed ❑f Trust shall nat affect the legaiity, �alidity or enforcea�ility ❑� any
<br /> ❑ther pro�ision af this ❑eed ❑f Trust.
<br /> 5uccessors and Assigns. Subject �o any limitations stated in �his Deed ofi Trust on �ransfer o�Trustvr's in�er�s�,
<br /> this Deed ❑f Trus� sha�i be bin�ing upon and inure to �he benefit of the parties, their successors and assigns. If
<br /> ownership of the Property becomes �ested in a persvn a�her�han Trustor, Lende�, withvut n��ice to Trustor, may
<br /> deal wi�h Trustvr`s successors with reference�o�his ❑eed o�Trust and�he indebtedness by way❑f forb�arance ❑r
<br /> extension without releasing Trus�or from the obliga�ions of this ❑eed of Trust or fiabili�y under the lnde��edness.
<br /> Time is of�he Essence, T�me is of the essence in the performance of�his �ee�i ❑f Trust.
<br /> Waiver of Homestead Exemptian. Trustor hereby releases and wai�es all rights and benefits a� �he hamesfiead
<br /> exemption laws of�he 5�a�e of Nebraska as�a all lndebtedn�ss secured by th�s Deed o�Trust.
<br /> DEFIN�TI4NS. The fallowing cap�talized words and fierms shall ha�e �he �ollowin� meanings when used in this Deed �fi
<br /> Trust. LJnless specifically stated to the �vntrary, all references t❑ do�Ear amvun�s shall mean amaunts in lawful money
<br /> of the United States of Amer�ca. Vllords and �erms used in the singular shall include the pfural, and the plura! shall
<br /> in��ude th� singular, as the contex� may require, Words and terms nat ❑�herw�se defined in this Deed o�Trust shall
<br /> ha�e�he meanings attributed ta such terms in the lJniform Cammercial Cvde:
<br /> genef�ciary. The word "Beneficiary" means Five Poin�s Bank, and its succ�ssars and ass€gns.
<br /> Borrower. The w�rd "Borrower" means GENE A. BDLTZ and DELLA MAE J. 6DLTZ and includes aIl �v-signers and
<br /> co--makers signing the Na�e and a��their success�rs and assigns.
<br /> Deed of Trust. The words "Deed a'� Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and
<br /> in�ludes wifihout limi�ativn ak( assignment and security interest pro�isions �elating tv the Personal Proper�y an�1
<br /> !�e nts.
<br /> Default. The w�rd "Default" means the De�au�t set forth in�his Deed vf Trust in the sec�ion titled "�efault".
<br /> Environmental Laws. The wvrds "En���onmental Laws" mean any and alf state, fiedera� and k�ca1 statutes,
<br /> regulations and ❑rdinances re[ating �o the pr�tection vf human health ❑r the en�3ronm�nt, in�luding withvu�
<br /> limitatian the �vmprehensi�e Enviranmental Response, �vmpensation, and Liability Act of 1980, as amended, 42
<br /> U.S.C. 5ectivn 95��, et seq. t"CERCLA"�, the 5uperfund Amendments and Reauthoriza�ion A�t af �986, Pub. L.
<br /> No. 99-4�9 �"SARA"}, �he Hazardous Materials Transpartativn Act, 49 U.S,C. Secfiion �8�1, et seq,, the ResourGe
<br /> Conser�ation and Reca�ery A��, 42 U.S.C. 5e��ion �9�1, et seq., ❑r other applicabfe s�a�e ❑r �ederal laws, rules,
<br /> ❑r�egulations adopted pursuant there�a,
<br /> Event of Defiault. The wards "E�en�vf Default" mean any vf the e�ents o�defiau�t se�fvr�th in�his Deed of Trust in
<br /> the e�ents of default sectian❑f this Deed ❑f Trust.
<br /> Guaran�y, The word "Guaranty" means the guaranty from guaran�or, endvrser, sure�y, ❑r accommodatian party�o
<br /> Lend�r, inc�uding without limitat�vn a guaranty❑�aI� ❑r part of�he Nate.
<br /> Hazardous Substances. The words "Hazardaus Substan�es" mean materials �hat, �ecause of �heir quanfiity,
<br /> concentration ar physica�, chemical vr in�ect�aus character�sti�s, may cause or pose a present ar potential hazard
<br /> to human heal�h ❑r�he en�ironment when improperly used, treated, stared, disposed of, genera�ed, manufactured,
<br /> transpo�ted or otherwise handled. The wvrds "Hazardaus Substances" are us�d in their �ery broadest sense and
<br /> include wi�hout �imita�ion any and all hazardous ar taxic substances, materials or waste as de�ined by ar listed
<br /> under the En�ironmen�al Laws. The term "Hazardaus Suhstances" also includes, rrvithout limitativn, petroleum and
<br /> petraleum by-�rodu�ts or any fractian therevfi and asbestos.
<br /> Imprv�ements. The ward "Improvements" means all existing and �uture imp�o�ements, buildings, s�ructures,
<br /> mobile hames affixed an the Real Property, facs�ities, additsans, rep�acements and other cansfiructivn on the Real
<br /> Praper�y.
<br /> indeb�edness. The word "Indebtedness" means all principal, interest, and other amaun�s, casts and expenses
<br /> payable under �he Nvte ar Related ❑vcumen�s, together with all renewals ❑f, extensivns o�, madifi�ations ❑f,
<br /> consolidations ❑f and substitutians far the Nvte ❑r Related Documents and any amflun�s expended or ad�anced by
<br /> Lender �o discharge Trus�or's ❑bligations or expenses incurred by Trustee ar Lender �o en�orce Trus�vr's
<br /> obligations under this Deed ❑f Trust, together with in�erest an such amoun�s as pro�ided in �his Deed vf Trust,
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