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2� 1 ��2�28
<br /> �]EED C]F TR�ST
<br /> ��ontinu�d} Pa�e 7
<br /> Successors and Assigns. Subject ta any limitations s�ated in �his Deed af Trust on trans��r of Trus�Qr's interest,
<br /> this Deed ❑f Trust shall be bindin� upon and inure�o �he beneft vf the pa�ties, their suc�essors and assigns. �f
<br /> awnersh�p of the Praperky becames��s�ed in a persan pther�han Trustor, Lender, without noti�e ta Trustor, may
<br /> deaf wifih T�ustar's suc�essors with reference ta this Deed a�Tru�t and the �ndeb�edness by way af�orbearance vr
<br /> extension wi�hvut re[easing Trustor fram the obligatians❑f th�s Deed of Trus�ar liabi�ity under the lndebtedness.
<br /> Time �s of the Essen�e. Time is a�the essenc�in�he perfarmance ofi�his Deed of Trust.
<br /> Waive Jury. All parties to�his l�eed af Trust hereby waiwe�he right to any jury tr�al in any action, proceeding, or
<br /> counterc�aim brough�by any party agains�any other party.
<br /> Vllaiver v� Homes�ead Exemp�ivn. Trustor hereby releases and wai�es al� rights and benefits of the homes�ead
<br /> exempti�n laws❑�the State❑f Nebraska as tQ ai I !ndebtedness secured ay th is Deed❑f Trust.
<br /> DEFIIV[T1�N5. The fo��owing capitafized �ards and�erms sha[! ha�e the�Q�fowing meanings when used in this �eed of
<br /> Trust. Unless speci�ically s�ated �❑ �he cantrary, a�l €-eferences to dollar amounts shall mean amounts �n lawfiul money
<br /> of the �nited 5tates of America. 1l11o�ds and terms used �n �he singula� shalf inc�ude th� plural, and �he plural sha�!
<br /> include the singular, as the cont�xt may require. Words and terms no� othenrvise defined in �his Deed of Trust shai�
<br /> ha�e the meanings attribu�ed tv such terms in th� Llniform Cammercial�ad�:
<br /> Beneficiary. The ward "Benefi�iary"means Firs�Na�ianal Bank o��maha, and�ts successvrs and assigns.
<br /> Borrow�r. The ward "E3vrrvrnrer" means Gregvry L. G�is and Sandie S. �eis and includes al� co�signers and
<br /> ca-mak�rs s�gning th� No�e and all their�uc�esso�s and assigns.
<br /> Deed of Trust. The words "�eed of Trus�" m�an �his Deed o� Trust among Trustvr, Lender, and Trust�e, and
<br /> includ�s wi�hout limitatian all assignmen� and security interes� provisions relating �a the Persona� Property and
<br /> F�ents.
<br /> Defaul#. The word "D efa u�t"means�he De�aul�set for�h in th is Deed af Trus#in�he section titled "D efa u It",
<br /> En�irvnmental Laws. The words "Environmentaf Laws" mean any and a�l state, fede�al and loca� sfiatutes,
<br /> regulatians and vrdinances �-elating to �he p�o�ectivn of human health ar the en��ronment, �ncluding withau�
<br /> limitatiQn the Comprehensi�e En�ironmental Response, Compensation, and Liability Act �f �98Q, as amended, 4�
<br /> U.S.C. Section 950'l, et seq. �"CERCLA"}, the Supe�fund Amendmen�s an� Reauthvrizat�on Act of 1986, Pub. L.
<br /> No. 99-499 ("SARA"},th� Hazardous Materials Transportation Act, 49 U.S.C. 5ection 18��, et seq., the Resvurce
<br /> Conser�ation and Recovery Act, �42 LJ.S.�. Section �9a1, et seq., or ather app�icab�� sta�e ar federal �aws, rules,
<br /> or regula�ians adapted pursuant the�etv.
<br /> Event of Defiauf#. The w�rds"E�ent o�❑efau[t"mean any of the even�s of defaul�set farth in th�s Qeed v�Trus�in
<br /> �he events of de�aulfi section o�this ❑eed o�Trust.
<br /> Guaranty, The word '"Guaranty" means the guaranty fram guarantor, endars�r, surety, vr a���mmodatinn party�o
<br /> Lender, inc�uding withvut limitation a guaran#y vf alf or part of the Note.
<br /> Ha�ardvus Substances. The words "Ha�ardous Substan�es" mean ma�erials that, because o� their quantity,
<br /> cancen��ativn ar physi�al, chemica[ or infiectious �harac�eristics, may �ause or pose a present or patential hazard
<br /> tv human health or the en�ironment when imprvperly used, �reated, stored, disposed of, generated, manufactured,
<br /> transported ar vthen�vise handled. The words "Hazardous Substan�es" are us�d �n the�r very br�adest sense and
<br /> includ� withvut limitat�on any and all hazardous vr toxic substan�es, materials or was�e a� defined �y ar Iisted
<br /> under the En�ironmental Laws. The term "Hazardvus Substances" also inciudes,without lim�ta�ian, petrol�um and
<br /> p�trnleum �y-prvducts or any frac�ian th�reof and asbestos.
<br /> �mpro�err�ents, The ward "Imprv�ements" means al� existing and future impro�emen�s, huildings, structur�s,
<br /> mobile homes affixed on the Real Prop�rty, facil�ties, additi�ns, replacements and vther c�ns�ruction on the Rea2
<br /> P rvperty.
<br /> Ind�btedness. The word "Indehtedness" means afl principaf, in�erest, and �ther amaunts, C05�5 and exp�nses
<br /> payable under the N�te or Relafied Dacuments, together �nri�h all renewals ❑f, extensians of, modifi�a�ions af,
<br /> canso�idatians of and substitutions far�he Note ar Refated Documents and any amvunts expended or ad�anced hy
<br /> Lender to discharge Trustor's �bligations or expenses in�urred by Tr�ustee or Lender �❑ �nfor�e Trustor's
<br /> abligati�ns under fhis ❑eed �f Trust, tog�ther with in�erest on su�h amounts as prvvided in �his Deed of Trust.
<br /> 5p�ci�i�alfy, without [imita�ivn, In�e�tedness inGludes �he futu�e advances set forth in the Future Ad�ances
<br /> p�-v�ision, together with al� �nterest therevn and all amoun�s �hat may he indirectly se�ured by �h�
<br /> C�ass�Colla�era[�zatian pravis�on of�his Deed of Trusf.
<br /> Lender. The word "Lender"means First National Bank af�]maha, its successors and assigns.
<br /> Note, The word "Nvte" means any and alf of Bor�-ow�r's liabilities, obliga�ions and debts to Lender, now exis�ing
<br /> ar hereinaf��r incurred vr created, including, without limi�ation, all loans, advances, interest, cvs�s debts, ❑v�rd�aft
<br /> indebtedness, credit card �ndebtedness, lease ob�iga�ions, �iabili�ies and �bligations under inter�st ra�e protectian
<br /> agreements or�oreign cur�-�ncy ex�hange agreements or cvmmadi�y price protection agre�men�s,othe�obligat�ons,
<br /> and �iabilities a� Sarrower t�gether w�th al[ modi�ications, in�reas�s, renewals, and extensions of the
<br /> aforementi�ned. Additionally, hereby in�orporated as if ful�y set fnrth herein are �h� ��rms and condifions af any
<br /> p�omiss�ry na�e, agr�emen� ar ather dacument executed by Borrow�r andlar Lender indicating �his s�curity
<br /> instrument ar th� property descr�bed herein shall b� cansidered "Cv�lateral" securing su�h promisso�-y no�e,
<br /> agreement, ar ofher instrument, �r any similar refer�nce.
<br /> Persvnal Property. The words "PersQnal Property" mean al� equipment, fix#ures, and other ar�ic�es of personal
<br /> property now or hereafter own�d by T�-us�ar, and navu ❑r herea�ter a�ta�h�d Qr affix�d �v the Real Property;
<br /> together with al� accessions, parts, and addit�ans �o, a!1 rep�acements vf, and all su�s�i�utians fivr, any of such
<br /> praper�y; and toge�her with al� proceeds €including without limitatian afl �nsurance proceeds and �-efunds of
<br /> prem�ums}frvm any sal�or ather disp�sitian�f the P�operty.
<br /> Prapsrty. The word "Praperty"means col�ectively the Real Praperty and the Pe�sonal Proper�y.
<br /> Real Praper�y. The wards "R�al Property" mean#he real praperty, in��rests and rights, as�u�he�des�ri�ed in this
<br /> Deed v�Trust.
<br /> Refated Dvcuments. The words "Related Documents" mean all promissory nvtes, cred�� agreements, �oan
<br /> agreemen�s, envirvnmenta[ agreements, gua�an�ies, security agreements, mortgages, deeds vf �rus�, secu�ity
<br /> de�ds, collatera[ mvrkgages, and al� ather instruments, agreemen�s and documents, wheth�r now ar hereafter
<br /> existing,executed in conneGtion with �he �nd�bt�dness.
<br /> Rents. The word "Rents" means afl present and fu�ur� rents, re�enues, income, issues, royalties, pro�i�s, and
<br /> othe��enefits deri�ed from the F�raperty.
<br /> Trustee, The wvrd "Trus#e�" means First Nativna� Bank of�maha , whase address is 81 a Allen ❑r. , Grand Island
<br /> , NE 688D 1 and any substitu�e or suGcessor#rus#ees.
<br /> T�-ustor. The ward "Trustor" m�ans�regory L. Geis and Sandie S. Geis.
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