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2� 1 ��4� 12
<br /> DEED �]F YF�UST
<br /> �C�rltinued} Pag� �
<br /> ar�d remedies set farth above, with respect to ali or�ny part of the Property, th� Trustee shall ha�e the right tv
<br /> foreclose by notice and sale, and Lender wifl ha�e the right tv foreciose by judicial foreclosure, �n �ither�ase in
<br /> accordance with and#a��e�Url�xtent provided by appticab�e law.
<br /> Successor Trustee. Lender,at Ler�der's opti�n, may from time tv time�ppoint a suc�essor Trustee to any Trustee
<br /> appoint�d under this Deed of T�ust by an instrument ex�cuted and acknow4edged by Lender and recarded in the
<br /> office af the recorder of Hall Caunty, State of Nebraska. The inst�ument sha!! cvn#ain, in addition to �i! other
<br /> matter�s r�quired by state 1aw, the names of the nriginal Lend��, Tn.istee, and Trustor, the book and page �ar
<br /> �omputer system reference}where #his Deed af Trust is recarded, and the nam� and address af th� succ�essor
<br /> trustee,and�he instrument sha��b�execu#ed and acknawledged a�a�l the b�nefciaries under this Deed vf Trust ar
<br /> their succsssors in interest. The successar trustee, without con�eyance of the Property,shal! succeed to ali the
<br /> title, power,and duties conferred upan the Trustee in this�eed af Trust and by app�ica�l�law. This procedur��or
<br /> substitution of Trustee shall govem tv the exclusion of afl other pra�is�ons fvr substitution.
<br /> H�TICEa. �ny no#i�e r�quire�d tv be g�ven �nder th�s Deed t�f Trust, including w�thQut limita#iQn any notice of�efault
<br /> and any notice af s�le sha11 be gi�en in writing, and shall be effe�ti�e when actuaily deli�ered,when actualiy recei�ed
<br /> by telefacsimile�unl�ss atherwise required by[aw},when depQsited with a nationatty re�agnized o►�er�night caurier,or,if
<br /> mailed, when depvs�tec�in the Unit�d States mail, as first class,�ertified vr registered mail postage prepaid,directed to
<br /> #he addresses shown n�ar#!�e beginn�ng o#this Deed nf Trust. A�� copies of nvtices a�fa�eclvsure fram the hofder of
<br /> any lien which has privrity over this Deed of"�rust sh�ii be�ent ta Lend��'s address, as shown near the beginning of
<br /> th�s D�eed❑f Trust. Any person may�hange his vr her addres�for notices under this t]eed o�Trust by gi�ing formal
<br /> written na�iCe tv the other persan or persons, spe�ifying that the purpose vf the notice is to �hange the persv�'s
<br /> address. For noti�e purposes, 'Trustor agree�to keep Lender€ntorrned at al!times of Trustar's current address. Unless
<br /> ot�erw�se ��`o�ided flr re�uired by�aw, if thers is mare than one Trus�ar* any notice gi�en by Lender to any Trustor is
<br /> �eemed to be notice gi��n to al�Trustors. �t will be Trustor's responsibiliiy to tel#the athers of t��n�tice f�om�.en�er.
<br /> MiSCELLANE�Il5 PR�ViSl�NS. The follvwing m+sce�laneous provisions are a part of#h�s a�ed a�Trust:
<br /> Amendments. Vllhat is wr3tten in this Deed of Trus�and in the Relat�d Docu�rrents is Trustar's entire a�reement
<br /> with Lender-concernir�g the matters co�ered by this Deed of Trust. To be�ffeGti�e, any change vr amendment to
<br /> this Deed af Trust must be in writ4ng and must be signed by whoe�er will be bound or obliga�ed by the change or
<br /> amendment.
<br /> Caption Headings. C�pt�an h�adings in �his Deed of Trust are for r�n�enience purposes only and are nat to be
<br /> used to interpr�t or define the provisians of this Deed of Trust.
<br /> Merge�. There sh�il b�na merger of the interest or estate created�y this Deed�f Trust with any other interest ar
<br /> estat� in the Prape�ty at any time h�1d by or for the benefit of Lender in any capacity, without the w�itten conseni
<br /> af Lender.
<br /> Governing Law. Th�s Deed o�Trust w111 be �o►rern�d by federal law applicable#o Lender and, to the exten� not
<br /> preempted by�Fed�ra��aw,the laws o#the State of Nebraska withvu#regard to�ts confli�ts of lav+►provlsions. This
<br /> Deed��Trust has been accep#ed by Lend�r in the�tate a#Nebraska.
<br /> Joint and Se�eral Liability. �It abligafivns af Trustvr unde�this D�eed Q�Trust shall be joir�t and se�eral, and all
<br /> referenc�s t❑ Trustor shall mean each and every Trustar. This means that each Trusto� signing be4ow is
<br /> responsible fvr all vbl+gativns in th�s Dced of Trus�.
<br /> No Wai�er by Lend�c. Trustor understands L�nder wilf n�t gi�e up an�of Lender`s rights und�r this Deed at Trust
<br /> unless Lender does s� in writ�ns. The fact that Lender d�lays or omits #o exercise any r�ght wil� nvt mean that
<br /> Lender has gi�en up that right. 1f Lender does agree in w�iting to g��e up one of Lender's rights, that daes n�t
<br /> mean 7rust�r w�ll not ha�e tv comp�y with the v#her pra�isians o�#�►is D�ed o���ust. '�rustQr alsa ur�derstands
<br /> that i� Lender does cvnsent#o a request, that dves not mean that Trustor will na# ha�e to get Lend�rs consent
<br /> again if the s�tuat�on happens again. Trustor further understands tha#just because Lender cansents tv one or more
<br /> fl�Trustar's requests, that daes nQt me�n Lender uvi�l be required to �onsent to an�of Trustar's future reQuests.
<br /> Trustor wa�ues presentment,demand fior payment, protest,and nv#ice of dishonar.
<br /> S�verability. If a court finds that any pra�isi�n af this De�d of Trust is nvt�alid or shouid not be enforaed, th�t
<br /> fact by;tsel�wil�not mean t�at the rest vt this D�e�ed of Trust wi�l not be�a�id or enf�roed. There€are,a court wir�
<br /> enforoe the rest o�th�prow�sions vf this D�eed vf Trust e�en if a provisian af this �eed a�T�ust may be found to be
<br /> in�alid or un�r�foroeable.
<br /> Successors and Assigns. Subje�t to any limitativns stated in th�s Deed of Trust an#ransfer of T�-ustar's Enterest,
<br /> this Deed of Trust sha[4 be bind�ng upon an� inure ta the benefit af t�e parties, their su��esso�s and assi�ns. lf
<br /> vwnership of the Propert}�becames�ested in a persvn vther than Trustor, Lender,withaut natic� �a Trustar, may
<br /> deai with Trustar's su�cessvrs with reference to this Deed of Trust and the lndebt�dness by way vf fvrbearance or
<br /> ex�ension without releasing Trustor f�-om th��b�igations o�this Deed of Trust or�iab�li�y under the lndebtedness.
<br /> T�me is of the Essence. Ttme�s ot the essence in#he Rsrfvrmance vf this Deed of Trust.
<br /> Vl�aive.�ury, Ar�parties to th�s Deed af Trust hereby walve the ri�ht ta any�ury tr�al in any action, proceed�ng, or
<br /> counterclaim brought by any party against any other party.
<br /> W�i�er vf Homest�ad Exempt�on. Trustor hereby releases and wa��es a�l rights and b�nef#s of the homestead
<br /> exemption laws of th�State af Ne�raska as ta al#�ndebtedness secured by this Dee�d af T�ust.
<br /> �]EF�NITI�NS. The fo�r�w�ng words�ha�i ha�e t�e fa��owing rneantr�gs�v�r�n c�sed�n thts D�ed at Trus#:
<br /> Benefi�iary. The wnrd "8en�ficiary"means First NativRal Sank of�maha,ar�d its suGcsssors and assigns.
<br /> Borrower. The wo�d "8vr�ower" means Patr�cia G Akerly and Edward C Ak�rly and inciudes al� ca-signers and
<br /> �o-makers signing the Credit Agreement and all their successars and assigns.
<br /> Credit A reement. The words"�redit Agreement"mean the credit agreement dated June�4, 2�1 fi, w�th credit
<br /> I I I'1'�it ��$4 Q,0����Q from Trustor to Lender, fagether w�th al� renewals of, extens�ons ot, modif ea�iens o�,
<br /> refinancings af, cansoiidations vf, and substitu�ions�ar the prvmissory nate vr agre�:ment. The maturity date of
<br /> th�s Deed vf Trust is June�4, ��4E. N�TICE Tp TRUST�R: THE CREDI7 A�REEM�NT C�NTA�NS A VaRfABLE
<br /> 1NTER�ST RATE.
<br /> i]eed of 7rust. �`he words "�3�ed af Trust" m�an this Qeed of Trust among TrustQr, Lender, and Trustee, and
<br /> includes withvut limitatian �I� assignment and security interest pro�isions r�lating to the Personal Property and
<br /> Rents.
<br /> Environmental Laws. The words "Envir�nmental Laws" mean any and al� state, federal and local statutes,
<br /> regulatror�s and nrdrnances relating ta #he prQ#ec#ian af human heal#h ❑r the environment, includ�ng uvithvu#
<br /> limitation the Compr�hensiv� En�ironmental Response, Cvmpensation, and Liability Act of 198�, as amended, 42
<br /> U,S.C. Seet�on 9fi�'�, et seq. {"CER�LA"}, the 5uperfund Amendmen#s an� Rea�th�ri�at�vn Act�f 'I 98fi, F'ub. L.
<br /> No. 99-499 �"SARA"�,the Hazardvus Materials Transportation Act,49 U.S.C.Sectian 18��, et seq.,the Resau�ce
<br /> Canser►�ation and F�eco�ery Act, 42 U.S.C. Section 69��, et seq., or other applicable state or f�de�a( �aws, rul�s,
<br /> ar regu�a��or�s ad�pted pursuarrt#he�eto.
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