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2� 1 ��2151
<br /> DEED �F T�L��T
<br /> ��or�tinu�d} Page �
<br /> Time is of�he Essenc�. Time is of the essence in the perFarmance❑f�his aeed vf Trust.
<br /> Waive Jury. All parties�v�hiS Deed vf Trust her�hy wai�e�he r�ght tv any jury triaf in any a�tion, proceeding, vr
<br /> caun��rclaim brought by any par�y aga�nst any other party.
<br /> �111�i��r of Homestead Exernp��an. Trus�or hereby re[eas�s and wai�es all rights and benefits of�he hvmestead
<br /> exemption laws vf the S�ate of Nebraska as to al€ [ndebtedness secured by this Deed of T�-ust.
<br /> DEF[N1T��NS. Th��oll�vv.ing capita�ized wn�-ds and te�-ms shall have�h�fo[Iowing meanings when used in this Deed af
<br /> Trust. Unless specif��a�ly stated �v the �ontrary, al� re�eren�es to d�11ar amaunts shalf inean amounts in lawfu l maney
<br /> af �he United S�ates of America. Vllords and terms used in the singular shalf inc�ude the plural, and the p�ural shafl
<br /> include the singular, as the context may require. Words and terms no� otherwise defined in this Deed v�Trus� shall
<br /> ha�re the meanings aft�ibuted tv such�erms in the Ll n�form Cammercial Code:
<br /> Beneficiary, The word "Beneficiary"means First National 6ank v��maha,and i�s successors and assigns.
<br /> Borrower. The word '"E3orrower" means Jeffrey E Jones and MEchelfe L Jones and includes al[ co-s�gners and
<br /> co�makers signing�he Note and al�their successars and assigns.
<br /> Deed of Trust. The wvrds "Deed o� Trust" mean th�s Deed vf Trust amang Trus�ar, Lender, and Trustee, and
<br /> in�ludes w�thout limita�ion all assignment and security interest provisions relating to the Personal Proper�y and
<br /> Rents.
<br /> Default. The word "Defau[t"means the Defau��set forth in this ❑eed o�Trus�in#he sec�ion�itled"Default".
<br /> En�ironmental Laws. The wo�ds "En��ronmental Laws" mean any and a!l state, federal and Eocal statu�es,
<br /> regulati�ns and ordinances relafiing fio fihe prat�ction o� human hea[th or the enWironment, in�Iuding without
<br /> [im��ativn the Comprehensi�e En�ironmental Respan�e, �ompensation, and Liability Act of '1980, as amended, 4�
<br /> U.S.C. Sectian 95�'�, et seq. �"�ER�LA"}, the Super�und Am�ndments and Reauth�rizati�n Act Q� 'l 986, Pub. L.
<br /> No.99-499 �"SARA"}, �he Hazardaus Materials Transportation Act, 49 U.S.C.Section '�84'[, et seq.,�he Resource
<br /> Conserva�ion and RecoWery Act, 42 U.S.�. Sec#ivn 69a 1, e�seq., or ather app[icable sta�e ar federal laws, rules,
<br /> or regula�ions adopted pursuan��hereto.
<br /> E�ent flf Defaui�. The words"E�ent of❑�faul�"mean any a�the e�ents of default set farth in this Deed a�Trus�in
<br /> �he events af defaul�sectian�f this Deed of Trust.
<br /> �uaranty. The word "�uaranty" means the guaranty from guarantor, endorser, sure�y, ar accommadativn par�y�o
<br /> Lender, including withou�limi�ation a guaranty of all or par�af the No�e.
<br /> HazardQus Subs�ances. Th� words "Hazardous Substances" mean materials that, �ecause of th�ir quanfity,
<br /> concentrativn vr physical, �hemical ar infectious characteristi�s, may cause �r pose a presen�vr potential ha�ard
<br /> to human heal�h or th�environment when improperly used, treated, s�o�ed, disposed o�F, gen�rated, manufactured,
<br /> transported ❑r otherwise handfed. The words "Hazardous Subs�ances" are used in their�ery broade$t sense and
<br /> in�[ude withou� [imi�ation any and a�l hazardous or toxic substances, ma�erials vr waste as defned by ar listed
<br /> under the Envirvnmental Lav+rs. The term "Hazardous 5ubs�an�es"alsa includes,without limi�atian, petroleum and
<br /> pe�roleum by-products or any fractivn�hereo�and asbestos.
<br /> �mprv�ements. The word '"lmpro�ements" means al[ existing and future improvemen#s, buildings, structures,
<br /> mobile hvmes a�fixed on the Real Prvperty, �Facilities, additians, replacements and other const�uctian on the Real
<br /> Properfy.
<br /> Ind�btedn�ss= Th� ward "lndebtedness" means aIl principaf, in�eres�, and vfher amoun�s, costs and expenses
<br /> payable under the Note or Rela�ed Dvcuments, �oge�her w�th al1 renewafs of, extensions of, madifications of,
<br /> cansalida�ions v�and substitu#ians for#he Note ar R�lated Da�uments and any amoun�s expended or ad�ran�ed by
<br /> Lende� to discharge T�ustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor`s
<br /> ahlEga�ions under this Deed of Trus�, together with interest vn such amounts as pro�ided in �his Deed af Trust.
<br /> Speci�Fical[y, v+rithnu� limita�ion, Indebfiedness includes the future adWances set fvrth in the Futu�'e AdWances
<br /> pro�ision of this Deed o�Trus�,�ogether with all interes�thereon.
<br /> Lender. The word "Lender"means F�rs#Na��onal Bank of 4maha,i�s successars and assigns.
<br /> Note. The vuord "[Vate" means any and all❑�Bor�owe�-'s iiabilities, obligations �nd deb#s to Lender, now exis�ing
<br /> or hereina��er incurred vr created, including, vuithout fimitation, alf [oans, ad�ances, inter�st, costs debts, o�erdraft
<br /> indeb�edness, credit card indebfedness, lease vbligatians, liabi[ities and ob[igations under interes� rat� protection
<br /> agreements or fvre�gn currency ex�hange agreemenfs or cammodity price pro�ectian agreements,other obligations,
<br /> and liabilities of 6orrower tvgeth��- wi�h aEl modifications, increases, renewals, and extensions o�F �he
<br /> a�v�ementioned. Additianal[y, hereby incarporated as if fuliy set forth herein are the terms and conditians ❑f any
<br /> promissary no�e, agreement or other d�cument executed by Borrower andlor Lender indicating fihis s�curity
<br /> instrument or the property described herein shall be consid�red "�allateral" securing such promissory nate,
<br /> agreement, or other�nstrumen�, or any simi[a�reference.
<br /> Personal Property. The wvrds "Personal Praper�y" mean all equipment, fix�ures, and other ar�icles o� persvnal
<br /> proper�y now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Praper�y;
<br /> tvg�th�r with a[I accessians, par�s, and additians t�, all replacements o�, and all substitutions �or, any of such
<br /> praper#y; and t�gether with all proceeds �including without limitatson a[1 insuran�e proceeds and r�funds o�
<br /> premiums}from any sai�or other dispvsiti�n of the Property.
<br /> Proper�y. The word "Proper�y"means col��c�E�ely the Real Pr�per�y and the Personal Pr�perty.
<br /> Real Property. The words "Reai Prop�r�y" mean the real property, inte�ests and righ�s, as further describ�d in�his
<br /> Deed of Trus�.
<br /> i�e[ated ❑acumen�s. The wards "Related Documen�s" mean al[ promissory nvte�, credit agre�ments, I�an
<br /> agre�ments, enWironmental agreements, guaranties, se�urity agreemen�s, mor�gages, deeds af trus�, security
<br /> daeds, �ollateral mor�gages, and a�l ❑ther ins�rum�n�s, agreements and documents, whe�her n�w ❑r hereafter
<br /> existing,exe�uted in connectivn with th� lnde�tedness.
<br /> Rents. The word "Rents" means ail presen� and �uture rents, re�enues, income, issu�s, royal�ies, praf�ts, and
<br /> other benef��s deri��d frnm the Proper�y.
<br /> Trustee. The word "Trustee" means First Nativnal Bank af�maha ,whose address is 810 AlEen Dr. , Grand Island
<br /> , NE 68801 and any substitute or suc�essar t�ustees.
<br /> Trus�vr. The word "Trustvr"means Jef�rey E Jones and Mi�helle L Jones.
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