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2� 1 ��2453
<br /> DEED �F TRUST
<br /> ��ontinued} Page S
<br /> �n�ludes without limitativn aI[ assignment and s�cur�ty in�erest pro�isions relating to the Persanaf Property and
<br /> Rents.
<br /> De�ault. Th� ward "C]efiault" means the De�ault set farth �n this ❑eed o�Trust in the section titled rr De�ault"
<br /> En�ironmen�al Laws. The words "En�ironmental Laws" mean any and ail state, federai and lacal sta�u�es,
<br /> regula�ians and ordinances r�lating to the protectian of human heal�h or the en�iranment, including without
<br /> [imita�ion th� Camprehensi�� En�ironmental R�sponse, Compensation, and Liability Ac� of 1980, as amended, 4�
<br /> U.S,C. 5ection 9CD1, et seq. �"CERCLA"}, the 5uperfund Amendments and Reauthorization Act of 1986, Pub. L.
<br /> No. 99-499 �"SARA"�, the Ha�ardous Materia�s Transportation Act, 49 U.S.�. 5ect�on 1$�1, et seq., the R�source
<br /> Conser�ation and Reco�ery Act, 42 1J.5.C. 5ection 69�1, et seq., or ather applicab�e state or fede�a! laws, rules,
<br /> Qr reguiations adop�ed pursuan�thereto.
<br /> E�ent vf Default. The w�rds "E�ent of Default" mean any af the e�ents of defiault set#arth in�his Deed vf Trust in
<br /> �he e�en�s of default sectian of this Deed of Trus�.
<br /> Exis#ing Indebtedness. The words "Existing indebtedness" mean �he indeh�edness described in the Exis�ing Liens
<br /> p�o�isian of this Deed vf Trust.
<br /> Guaran�y. The word "Guaranty" means�he guaranty#rom guaran�ar, endorser, surety, or accomrnodation party to
<br /> Lender, inc(uding withvut lim�tat�an a guaranty of a�[or part of#he N�te,
<br /> Haza�rdous Substances. The words "Hazardaus Substances" mean mater�a�s that, because o€ their quantity,
<br /> concentration vr physical, chemicaf vr infectious charact�ristics, may cause or pose a present or potential hazard
<br /> t❑ human heaith ar the en�iranment when improperiy used, treated, stored, disposed a'�, generated, manu�actured,
<br /> transported �r ❑therwis� handled. The wo�ds "Ha�ardaus 5ubstances" are used �n the�r �ery braadest sense and
<br /> include without limitation any and all hazardous or tax�c substances, materials or waste as de�ined by or listed
<br /> under the En�iranmental Laws. The term "Hazardous 5ubstances" alsv includes, without limitation, petroleum and
<br /> pe#roleum �y-products vr any�ra�t�on thereof and asbestos.
<br /> imprvrremen#s. The word "Impro�emen�s" means a1� existing and �uture impra�ements, huildings, structures,
<br /> mobife homes a�fixed vn the Rea� Property, facilities, add�tions, repiacements and other construction on the Real
<br /> Property.
<br /> Indebtedness. The word "Indebtedness" means all principai, inte�est, and other amaunts, cvsts and expenses
<br /> payab�e unde� the Nate ar Related Do�uments, tvgeth�r with a�l renewa�s of, extensions of, mvdi#ications of,
<br /> c�nsa[�dations afi and substitutivns �or the Nvte or Re�ated Documents and any amounts expend�d ❑r ad�anced by
<br /> Lender to discharge Trus�or's obliga�ians or expenses incurred by Trustee or Lender to enfvr�e Trustvr's
<br /> o�ligations under this Deed af Trust, �vge�her with inte�est on such amounts as pro�ided in thi� Deed of Trust.
<br /> Speci�ically, wi�hvut limi�ation, Indebtedness includes all amounts tha� may be indirec�ly secured by the
<br /> Cross-Coilaterali�ation pro�ision vf�his Deed of Trus�.
<br /> lender. The word "Lend�r" means Exchange Bank, i�s successors and assigns.
<br /> Note. The word "Note" means the promissary note dated Ap�il �1, �D1 f, in the flriginal principa� amount
<br /> vf $��3,�D�.�� �rom Trusfior ta Lender, tvgether with al� renewals of, extensions o�, madi�ica�ions of,
<br /> refinancings of, cflnsalidativns af, and substitutians�vr the pramisso�y not�or agreement.
<br /> Personal Prvperty. The words FTPersonal Property" mean a�l equipment, �ixtures, and other art�cles o� personal
<br /> pr�perty nvw flr hereafter owned �y Trustor, and nvw or herea�rter attached or af�ixed tv �he Real Property;
<br /> together w�th a11 accessions, parts, and additians to, al� rep�a�em�nts of, and al! su�stitutivns �or, any of such
<br /> property; and tage�her with all prv�eeds tinclud�ng withvut �imitation a�l insurance prviceeds and refunds vf
<br /> premiumsf �rom any sale ar other d+spos�tion v�the Prope�ty.
<br /> Praperty. The word "Property" means coll�cti�ely the Rea[ Property and the Personai Prop�rty.
<br /> Real Praperty. The w�rds "Rea� Property" mean the real pr�perty, interests and rights, as �urther descrihed in �his
<br /> C]eed of Trust.
<br /> Related Documents. The words "Re�ated Documents" mean all promissory n�tes, cred�t agre�ments, Ioan
<br /> agre�men�s, en�ironmenta[ agreements, guaranties, se�urity agreements, mortgages, de�ds o� �rust, security
<br /> deeds, colla�eral mortgages, and alf other instruments, agreements and da�uments, whether nvw or herea�t�r
<br /> ex�sting, exeGuted in connection with the �ndeb�edness.
<br /> Rents. The ward "Rents" means all present and fu�ure ren�s, re�enues, income, issues, royalties, prvfits, and
<br /> vther benefii�s deri�ed from the Property.
<br /> Trustee. Th� word "Trustee" means Exchange Bank, whase address is P�B 75�, Gibbon, NE 6884� and any
<br /> suhstitute a�successvr�rus��es.
<br /> Trustor. The word "Trustor" means BE�ICETT, INC..
<br /> TRUST�R AGKNOWLEDGES HAVIN� READ ALL THE PR�VISl�NS DF THlS DEED �F TRUST, AND TRUST4R
<br /> AGREES T� ITS TERMS e
<br /> TRUST�R:
<br /> BECKETT, iNC.
<br /> �
<br /> �
<br /> B y: " � ,V � �4.
<br /> H I I J EC E , P sid� of BECK T, [NC.
<br /> � �:.
<br /> By:
<br /> P B T 1�, ecre#ary of BE�l�ETT, �NC.
<br />
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