Laserfiche WebLink
2� 1 ��4� 15 <br /> aEE❑ �F -rRusT <br /> . <br /> � �nt�nu�d} Page 6 <br /> N�TICES. Any nati�e requi�ed to be given under�his ❑e�d of Trust, including without �imita�ion any notice af defauft <br /> and any noti�e ot sale sha�� be gi�en in writing, and shalI be effe�ti�e when actually d�Ii�ered� when actually r�cei�ed <br /> by t�Ie�acsimile {unless otherwise required by Iaw}, when depasited wi�h a nationally recognized v�ernight�ou�ierr orr if <br /> mai�ed, when deposited in the Uni�ed S�ates mail, as first class, certi�ied or registered ma�i pos�age pr�paid, directed fo <br /> the addresses shown near the beginning of�his Deed of Trus�. AI1 copies of natices of foreclasure fram �he halder o� <br /> any 1i�n which has priori�y over this �eed of Trust shafl be sent�o Lender's address, a� shown near�he beginning o� <br /> �his Deed of Trus�. Any person may change his o�- her address far natices under this Deed �f Trus� by giving f�rmal <br /> written na�ice t� the othe� persan ar per�ons, specifying �hat the purpase of the notice is to change the persan`s <br /> address. For natice purpases,Trustor agrees�o keep L�nder infarmed at all fimes o�Trustar's Gurrent address. L]nless <br /> ❑�herwise pro�ided or required by Iaw� if there is more�han �ne Trus�or, any no�ice gi�en by Lende�to any Trustor is <br /> deemed to be notice gi�en to aII Trustors. I�wil� be-T'rustor's responsibility to�e1�the vthers o��he nvfice from Lender. <br /> 1VIlSCELLANE�US PR�VISI�NS. The following mis�ellaneous pro�isivns are a par�❑f�his ❑eed ��Trus�: <br /> Amendments. What is w�itten in this Deed of Trust and in the Related ❑ocuments �s Trusto�'s enti�-e agreemen� <br /> w�th Lender�oncerning fhe matters �o�ered by this Deed of Trust. Ta be effecti�e, any change o�amendment t❑ <br /> �his Deed of Trus�musfi be in writing and must be sign�d by whoe��r wiIZ be bvund ❑r obliga�ed by the change or <br /> amendmen�. <br /> Gaptivn Headings. Cap�ion headings in �his Deed of Trust are fvr con�enien�e pu�poses only and are not�o be <br /> used t❑ interpr��or defin�the provisions o-F�his Deed o-�Tr�ust. <br /> M�rger. There shaii be no merger o-F the interest or es�a�e �reat�d by this De�d of Trust with any othe�interest or <br /> estate in the Praperty a�any�time held by or for the benefi�o�F Lender in any capaci�y, wi�hauf the w�-itten consent <br /> of Lender. � <br /> Gaverning Law. This ❑eed of Trust w��l he go�erned hy federal law applYcabie t❑ Lender and, to the extent nvf <br /> preempted hy federal law,the Iaws ❑f the 5tate ❑f Nebraska wrthaut regard ta its confIicts ❑#law pravisians. This <br /> �e�d vf Trust has heen a�cepted by Lender in the State of Nebraska. <br /> Chaice ❑f Venue. If�here is a Iawsuit, Trustor agrees upan Lender`s r�quest ta submit �o �he fur�sdiction of the <br /> c�urts o�HaII Countyt S�a�e v�Nebraska. <br /> No Waiver hy Lender, Trustor unde�stand� Lender witl not gi�e up any of Lender's rights under this ❑eed ❑f Trusf <br /> un�ess Lender does sa in writing. The fact �hat Lender d�Iays or omits �o �xercise any right wiII not mean that <br /> L�nd�r has given up that right. If Lender does agr�e in writing �ko give up one a� Lender's rights, tha� does not <br /> mean Tt-ustor wiII no� ha�e fo comply with the ❑ther provisions of this Deed of Trus�. Trustar also unders�ands <br /> that ifi Lender does consen� �o a reques�r �ha� does no� mean �hat T�ustar will not ha�e to ge� Lender's �onsent <br /> again if the si�uation happens again. Trustor furlther und�rs�ands that lus�be�ause Lender consents�o one ar more <br /> of Trustor's requests, fhat does no� mean Lender will be required �o consent�o any o�Trustor's futur� requests. <br /> Trustar waiv�s presen�ment, demand for payment, prot�s�, and notice o�dishonar. <br /> Se�erabiiity. �� a court f�nds tha� any pro�isivn ❑f this �eed of Trust is not val�d or should no� be enfarced, fhat <br /> �Fac�by itselfi will not mean that the rest o�F this ❑eed of Trust will n�t be valid or enfarGed, Therefore, a ��urt will <br /> enforce the rest ofi th� pro�isians af this Deed of Trust even if a pro�ision o�this ❑eed of Trust may be faund�o be <br /> in�atid or unenfarceable. <br /> Successvrs and Assi�ns. Subje�t to any limitations sfa�ed in this [7eed ❑f Trus� on trans�Fer of Trustor's interest, <br /> �his Deed o�Trust shal� be binding upon and inure ta the bene��� of the parties, their su�cesso�s and assigns, If <br /> ❑wnership o�the Prop�rty be�omes vested in a person other than Trustorr Lenderr without notice�a Trustor, may <br /> deal wifh Trus�or4s successo�s with reference ta this ❑eed of T�usf and the indek�tedness by way of�rarbearan�e or <br /> extensi�n withaut releasing Trus��r from the obliga�ians of this Deed ❑f Trust or�iabiIity under the Indeb��dness, <br /> Time is of th� Essence. Time is ot the essence in the perfarman�e af thi� ❑eed of Trust. <br /> Wai�er vf Homestead Exemption. Trus�or hereby releases and wai�res all rights and benefi�s of the homestead <br /> exemption Iaws af�he State o�Nebraska as to aII Indebfedn�ss se�ured by-�his ❑eed of Trus�, <br /> DEF�NITIQNS. The fioi�awing words shail ha�e�he�Following meanings when us�d in�his D�ed of Trus�: <br /> B�nefciary. The ward "Beneficia�y" means Exchange Bank, and its successors and assigns. <br /> Bvrrower. Tf�e word �`Borro�nrer" means Douglas Jones and inc�ud�s a[� co-signers and co�makers signing the <br /> Credit Agreement and a���heir sucG�ssors and assign�. <br /> Credit Agreement. The words "�redit Agreemen�" mean fhe credit agreemen�dated June �3r �Q15, with �redit <br /> limit of �9,2��,�D -��-om Trustor to Lender, �ogether wzth all renewals o�, ex�ension� of, modifications ��, <br /> re�inancings of� consolidations o�, and substitutions far-the promissary no�e ar agreemen�. N�T10E TD TRUST�R: <br /> THE CREDIT A�REEMENT C�NTAINS A VARIABLE INTEREST RATE. <br /> Deed ❑f Trust. The words "Deed ofi Trust" mean this Deed o� Yrust among Trus��r, Lender, and Trustee, and <br /> inGiudes with�ut limitation aII a�signmen� and se�urity interes� pro�isions rela�ing �a �he Persona� Praperty and <br /> Rents. <br /> Env�rvnmen�al Laws. The words "En�ir-onmenta! Laws" m�an any and all state, federal and Ioca1 statutes, <br /> reguIations and ardinances relating �o �he prote�tion of human health or �h� environment, including withou� <br /> Iim��atian �he Comprehensz�e En�ir�nmen�al Response, ��mpensat�on, and LiabiIity Ac� ❑f '�98�r as amended� 4� <br /> U.S.C. Se�tion 96D1, e�seq. ["CERCLA"), the Superfund Amendments and Reauthorization Act ❑f '�986r Pub. L. <br /> No. 99�499 �ttSARA'�`},th� Hazardous Materials Transpvr�ation Act, 49 L].S.C, Section 'i 80'i, e�s�q.t the Resaurce <br /> Conser�ation and Recovery AGtf 4-� U.S.C. Section Gg�1, et seq., ar other appficabi�state or fed�ra� Iaws, ruies, <br /> �r regulations adapted pursuant there�a, <br /> Event of Default. The words "Event�of❑e�ault" mean any of fh�e�ents ot defau��s�t forth in this Deed of Trust in <br /> fihe e�ents o�defaul�secfion of this ❑eed o�Trust. <br /> Exis�ing Indebtedness. The words "Existing Indebtedness" mean the indebtedness described �n �he Existing Liens <br /> prorrision of�his De�d o�F Trust. <br /> Hazardaus Substances. The words "Hazardous Subs�an�es" mean materials that, because of their quan�i�y, <br /> concen�ratian ❑r physicaI, chemical or infectious Gharacter�sti�s, may cause or pose a presenf or potentia! hazard <br /> to human health ❑r'�khe �nviranmen�when impraperly used, treated, stQred, disposed of, generated, manufac�ured, <br /> �ransparted or atherwise hand(ed. The words "Hazardaus Substances" are used in�heir��ry broadest sense and <br /> incIude without Iimifa�ion any and a1� hazardous ❑r �oxic substances, materials ar was�e as de�ined by or Iisfed <br /> under the En�iranmenfial Laws. The term "Hazardous Substances" als❑ incIudes, without limita�ion, p�troleum and <br /> petr�oieum by-p�odu�ts or any fracfion th�reof and asbes�os. <br /> Improvemen�s. The word "Impro�ements" means a!! exis�ing and �uture imp�ovements, buildings, s�ruc�ures, <br /> mobile homes afFixed on the Rea1 P�operty, �Facilities, additions, replacements and ❑ther const�-uction ❑n �he Rea1 <br /> Property. <br /> lndebtedness. The word "Ind�b�edness" means aII principaI, interest, and other amountst costs and �xpen�es <br /> payable under the Gredi� Agreemen� or Rela�ed ❑ocumentsr togethe�- wifh a11 renewais off extensions of, <br /> , <br /> , <br /> f,, <br /> ; <br />