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<br /> DEEI� �F TRUST
<br /> Loan No; 'I�1295223 {�ontinued� Page 5
<br /> Deed of Trust has been ac�epted by Lender in the 5tate of Nehraska.
<br /> Time is vf the Essence. Time i� vf the essence in the per#orman�e ❑f this ❑eed vf Trust.
<br /> Wai�er vf Homestead ExemptEvn. Trust�r hereby releases and wa'r�es all rights and b�nefits ❑f the h�mestead
<br /> exemption laws o�F t�e State a�F Nebraska as ta all Indebtedness se�ured by t1�is Deed ❑f Trus�.
<br /> DEFlN�TIC�NS. The fo�lowing words shal! ha�e the following m�anings when used in this Deed of Trust:
<br /> 6eneficiary. The word "Beneficiary" means Fi�e Paints gank, and its successvrs and assEgns.
<br /> Bvrrawer. The word "gorr�wer" means gRIAN LITZ and ALY�IA LITZ and includes all co-signers and co-makers
<br /> signing the Credit Agreement and a11 their successors and assigns.
<br /> Credit Agreement. The words "Credit Agreement" mean th� credit ag�eement dated May 1�, 2016, with credit
<br /> I�m�t of $2D.��Q.�� frvm Trustvr to Lender, together with al1 renewals o�, extensians of, modificativns of,
<br /> r�financings vf, consolidations of, and substitu�ions for the promissory note ar a�reement.
<br /> Deed vf Trust. The words "Deed af Trust" mean this �eed vf Trust amvng Trustor, Lender, and Trustee, and
<br /> includes withaut limitatian alt as�ignment and security interest pro�isians relating to the Persanal Property and
<br /> Rents.
<br /> En�irvnmental Laws. The wards "En�ironmental Laws" mean any and all state, federal and local statutes,
<br /> regulations and ordinances relating to the protectifln ❑f human health vr the en�ironm�nt, including without
<br /> limitatian the �omprehens��e �n�iranmental Response, �ompensation, and Liability Act ot �98a, as amended, 42
<br /> U.S.C. S�ction 9���, et seq, t"CERCLA"�, the Superfund Amendments and Reauthorization A�t of 1985, Pub. L.
<br /> No. �9-499 t"SARA"�, ths Hazard�us Materia�s TransportatiQn Act, 49 LJ.S.C. 5ectivn 18D�, et seq., the Resourc�
<br /> Conser�ation and Reco�ery Act, 42 LJ.S.C. 5ection 6901, et seq,, or �ther applicable state or federal laws, rules,
<br /> or regulations adapted pursuant thereto.
<br /> E�ent of Default. The w�rds "E�ent af�efault" mean any❑f the e�ents af defau�t set farth sn this ❑eed❑f Trust in
<br /> the e�ents ❑f default sectian of this �eed ❑f Trust.
<br /> Existing Indebtedness. The wvrds "Existing Indebtedness" mean the indebtedness described in the Existing Liens
<br /> prv�ision of this Deed o�Trust.
<br /> }mpro�ements. The word "�rnpro�ements" means all existing and tuture impro�ements, lauifd�ngs, structures,
<br /> mabile hQmes affixed on the Real Praperty, facilities, additions, replaGements and ather cons�ruction fln th� Real
<br /> Praperty.
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<br /> Indeb#edness. The word "Indebtedness" means all principal, �nterest, �and�at��r ama�t� �¢sts �nd expenses
<br /> payab�e und�r the Credit Agreement nr Related Docum�nts t�gether' w�l�-�����'��e�ewals of, e�CtensEflns of,
<br /> madificatians af, consaiidatians of and sut�stitutions for the rec�it Agr�err��t��or��R��at�d��Docum�nts and any
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<br /> amvunts expended ❑r ad�anced by Lender t� discharge Trustar's obligatians or expenses incurrec�"�y Trustee or
<br /> Lender t� enfarc� Trustor's obligatEans under this Deed of Trus't, together with interest ❑n such amaunts as
<br /> pra�ided in this Deed of Trust.
<br /> Lender. The wvrd "Lender" means F��e Paints Bank, its successvrs and assigns. The words "successors vr
<br /> assigns" mean any persan ar company that acquires any interest in the Credit Agreement.
<br /> Persana! Rroperty. Th� words "Persanal Property" mean all equipment, fixtures, and vther ar�icles of persvnal
<br /> property now ar hereafiter awned by Trustor, and naw ar hereafter attached ar affixed to the Rea� Prnperty;
<br /> together with a11 accessians, parts, and additions tv, a�l rep�a�ements of, and all substitutions for, any of su�h
<br /> prvperty; and together with afl proceeds �inc�uding without limitati�n all insurance pro�eeds and refunds of
<br /> premiums� fram any sale or othe�dispasition Qf the Property.
<br /> Property. The ward "Property" means coilecti�ely the Rea! Property and�he Personal Property.
<br /> Real Prvperty. The words "Real Pr�perty" mean the real property, interests and rights, as further des�ribed in this
<br /> Deed of Trust.
<br /> Related DoGuments. The wor�s "Related �ocuments" mean all promissory no�es, �redit agreements, laan
<br /> agreements, en�ironmental agreements, guaranties, se�urity agreements, mortgag�s, deeds o� trust, security
<br /> deeds, cvllateral mortgages, and all other instruments, agreements and documents, ►rvhether nvw ar hereafter
<br /> existing, exe�uted in cvnnection with the lndebtedness.
<br /> Rents. The ward "R�nts" means all presen� and �Uture rents, re�enues, �ncvrr7e, issues, royalt�es, prafits, and
<br /> oth�r benefits deri�ed from the Praperty.
<br /> Trustee. The word "Trustee" means Fi�e �oints Bank, wh�se address is P.D gox 1507, Grand Island, NE
<br /> E88�2-15�7 and any substitute or successvr trustees.
<br /> Trustvr. The wvrd "Trustor" means BRtAN LiTZ and ALYCIA LiTZ.
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