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2� 1 ��255�
<br /> DEED DF TRUST
<br /> t��nt�r�ued� Page �
<br /> their SUCC�55D�5 in interest. The succ�ssor trustee, without con�eyance o�the Praperty, sha�� succeed to alf the
<br /> title� p�wer, and duties con�er�ed up�n th�Trustee in this Deed of Trust and by app�icable law. This procedure far
<br /> substitution o�T�ustee shall go�ern to the exclusion af all�th�r pra�isions�or suhstit�tion.
<br /> NC3TlCES. Any notice r��uir�d to be gi�en under this Deed of Trust, including w�thout i�-rfitation any na�ice of default
<br /> and any natice o�sale shaii be g€�en �n writing, and shafl be eff�ctiWe when actua�ly de�iuered, when actually recei�ed
<br /> by telefa�simile 4unfess otherwise required �y �awy, when deposited wi#h a nationalfy re�ognized❑vern�ght�aurier, or, if
<br /> mailed, when deposited �n th� United States mail� a5 first CIa55, cer�ified or registered mai� postage prepaid, dire�ted to
<br /> the addresses shown near the beginning ❑f�his Deed of Trust. All copies of notices of foreclosure �rom the holder ❑f
<br /> any tien uvhich has pri��i�y o��r �hfs ❑eed �f Trust shall #�e sent t❑ Lend�r's address, as shown near �he beginning of
<br /> this Deed of Trust. Any pers�n may change his ar her address fvr notic�s under th�s Deed of Trust by gi�ing formal
<br /> wri�ten noti�e to the vther persvn or persons, �pe�ifying that the purpose af the natice is to change �he person's
<br /> address. Fvr notice purposes, T�us#or agrees to keep Lender informed at all times of Trustor's current address. unless
<br /> ofiherwise prv�ided vr required by law, if there is more than vne Trus�or, any notic� gi�e� by Lend�r tv any Trustor is
<br /> deemed tv be notice gi�en�o all Trus�ors. It will he Trustvr's respvnsibility to�ell�he others of the natice fram Lender.
<br /> IIffISCELLANEDUS PR�V15i�NS. The fv��owing mis�eilaneous pro�isi�ns are a part of this Deed ❑f Trust:
<br /> Amendments. What is written in this ❑�ed vf Trus� and in the Re�at�d Dv�uments is Trustor's en#ire agrsement
<br /> with Lender concern�ng the matters co�ered k�y this Deed a�Trust. �To be e�fecti�e, any change �r amendment t�
<br /> this Deed o�Trust must k�e in wr�ting and must be signed by whoe�er wiff b� bound ��r vbl�gated by�he change ar
<br /> amendment.
<br /> Cap#i�n Headings. Cap�ian headings �n this Deed o�F Trus� are far �an�enience purpvses ❑nly and are not tv be
<br /> used to interpret ar define the p�v��sivns of this Deed v#Trust.
<br /> �erger. �here s�all he no merger a�t1�� interest or estate createa by t�is €�eed v�Trust with any��her��terest or
<br /> estate in the Praperty at any time held by �r�vr the benefit o� Lender �n any capac�ty, without the written Gonsent
<br /> of Lender.
<br /> Go�erning Law. This Deed o� Trust wili he go�erned by federa� iaw appt�cable to Lend�r and, to th� ex�en� not
<br /> preempted by�ederal�aw,the �aws o�the Sta�e of Nebraska without regard to i�s con#��cts o�€law pro►►isions. This
<br /> f]eed of Trust has heen accep�ed hy Lender in�he State of Nebraska.
<br /> Chvi�e o� Venue. [f there is a iawsuit, Trustor agrees upon Lender's request t❑ submit �o �he jurisdictivn o� the
<br /> cvurts❑�Hai� Cauntyr S�a�e of Nehraska.
<br /> Na Wai►�er by Lender. Trustor und�rstands Lender will not gi�� up any of Lend�r's rights under this Deed vf Tr�st
<br /> unless Lender d��s so in w�iting, The fact �hat Lender delays or omits t� ex�rcise any right will no� mean that
<br /> Lender has gi�en up that right. �f Lender do�s agree in writing to gi�e up one of Lender's rights, tha� does not
<br /> rr�ean Trus�or will not ha�e to comply with �he other pro�isions of �his Deed of Tru�st, Trustor aiso unders�ands
<br /> �hat i� Lender dves consent �o a request, thafi does nat mean that Trustor will not ha�e �o get Lender's consent
<br /> again i#the s�tuation happens again. Trustar�urther understands that just because Lender�onsen�s�o one or more
<br /> of Trustor's rsquests, that does nat mean Lender vuEf� h� r�quired to consen� ta any of Trus�or's fu�ure requests.
<br /> Tru�tor wai�es presentment, demand far payment, pratest, and notic���dishanar.
<br /> 5e��rahility. f� a �aurt finds that any pro�isian of this Deed ❑f Trust is not �aEid or shou�d nvt be en�Far�ed, that
<br /> fac� by itseff wilf nat mean that the rest of this Deed ofi Trus�will not be �alid or enf��rc�d. The�efflre, a �vur�will
<br /> enforce�he rest of the pro�isions of�his Deed of Trus�e�en if a pro�ision of this Deed af Trust may be#ound tv be
<br /> in�alid or unenforceable.
<br /> Successors and Assigns. 5ubject tv any �imitations stated in this Deed of Trust on transfer ❑f Trustor's in�eresf,
<br /> �his ❑eed of Trust shall be binding upon and inure tv the henefit o� the pa�-�ies, �heir successars and assigns. ff
<br /> vwnersh�p a�the Pro�erty becomes �ested in a person other than Trustor, L�nder, without natice to Trustor, may
<br /> deal with Trustor's successars with re�erence to this ❑eed o�Trust and the I ndeh�edn�ss by way❑f farbearance or
<br /> �xtension without re[eas�ng Trustor from the obfigations of this D�ed of Trust ar�ia�ility under�he �ndebtedness.
<br /> Tim�is vf�he Essence, Time is af�h�essence in the performan�e vf this Deed a�Trust.
<br /> Waiver nf Hvmestead Exemptivn. Trus�or hereby �eleas�s and wai�es all righ�s and benefits o� the hamestead
<br /> exemption laws ot th�State❑t Nebrasl�a as t❑a�l IRdebtedness secured by this Deed of Trust.
<br /> DEFINITI�NS. The follvwing words shall ha�e the fvllawing meanings when used in this C�eed of Trust:
<br /> genefi�iary. The word "Bene#iciary" means Ex�han�� Bank, and its successars and a�signs.
<br /> Ba�rvwer. The word "gvrrower" means Tobias J. Yast and includes a!I co-signers and co-mak�rs signing the
<br /> Credit Agreement and al!their su�cessors and assigns�
<br /> Credit Ag�eem�nt. The words "Cr�dit Agreement" mean�he credit agreement dated ►qprii �2, �D16, with credit
<br /> I�mit vf $8.Z49.�� �rom Trustor ta Lender, tog�ther with all renewa[s af, extensions ❑f, modifi�atians a�,
<br /> refinancings vf, cansolidations afi, and substitutFons for th� pramissary note ❑� agreem�nt. N�TiCE T� TRl15TQR:
<br /> THE CRE�IT A�REEMENT �QNTAINS A VARIABLE INTEREST RATE.
<br /> Deed vf Trust. The words "�eed of Trust" mean this Deed of Trust amang Trustor, Lender, and Trustee, and
<br /> inc�udes wi�hou� limita�ion all assignmen� and security in�eres� pro�isians relating to the Persona� Property and
<br /> Rents.
<br /> EnW�ronmental Laws. The wo�ds "En���onmentai Laws" mean any anr� all state, federal and locaf statutes,
<br /> regufatians and ordinances relating to the protectivn o� human health or the enr�•ironment, includ�ng w�thau�
<br /> limitati�n the �omprehensi�e En�ironmenta� Respans�, Compensatian, and Liahili�y Act of �98�, as amended, 4�
<br /> U,S.C. Section 9fi01, et seq. �"CERCLA"}, th� 5uperfund Am�ndments and Reauthori�ation Ac� of 'I 986, Pub. L.
<br /> No. 99-499 4"SARA"}, th� Hazardous Mater�a[s Transportati�n Act, 49 U.S.C. S�ct�an 1841, et seq., �h� Resource
<br /> �onser�a�ion and Recn��ry A�t, 4Z U.S.C. Section 69�1, et seq., or vther appiicab�e stafe or �ederal laws, �u��s,
<br /> ar regufations adopted pursuant thereto.
<br /> E�ent of De#au�t. The words "E�ent o� Default" mean any of the e�en'ts o�defau�t s�t forth �n this Deed of Trust in
<br /> the e�ents of defau(t secti�n a�th�s Deed of Trust.
<br /> Existing Indebtedness. The words "Existing lndeb�edness" mean the indebtedness des�r�bed in the Exis�ing Liens
<br /> pro�ision vf this Deed of Trust.
<br /> Haaardous Substances, The words "Ha�ardous 5ubstances" mean materials that. be�ause o� their quantity,
<br /> �an�entrat�on or physical, �hemi�al or �nfectious characteris�ics, may cause vr pose a present or po�ential hazard
<br /> t� human health or�he en�ironmen�when improperly used, treated, stored, disposed �f, generat�d, manu�ac�ured,
<br /> transpa�t�d o� otherwise handled. The �rvords "Hazardous 5ubstances" are used in their �ery br�ad�st sense and
<br /> include withvut limi�a�ion any and all ha�ardous vr toxic substances, materials or waste as de�ined by vr �is�ed
<br /> under the Environmen�al Laws. The term "Hazardous 5ubs�ances" als� in�ludesr witl-oufi limitatian, petraleum and
<br /> petrol�um by-praduc'�s or any fraction therevf and asbestos.
<br /> Impro�emen�s. The word "Impro�emen�s" means all exis�ing and future impra�e-r�ents, �uildings, structures,
<br /> mabile hvmes affixed on '�he Real Property, facilities, additions, replacements and other canstruction an the Real
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