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2� 1 ��4199
<br /> DEED C�F TRUS`f
<br /> Lvan No: ����9G468 {Contir�ued� Page 8
<br /> Merger. There shafl b� no m�rger of th� infierest❑r es�ate cr�at�d by this Deed of Trust with any other interest or
<br /> estate in the Properfy a�any�ime held by or for the benefit o�f Lender in any capaCity, without the writt�n consent
<br /> �f Lender.
<br /> �haice v# V�nue. If �here is a fawsuit, Trustvr agr�es upon Lender's request to su�mit to the juri�diction o� the
<br /> c�urts af HALL Caunty, Sta�e ot N�braska.
<br /> Joint and Several Liability. A!I �bli�atEons o� Trustor under this Deed of Trus� shall be joint and s�v�ra1, and all
<br /> re�er�n�es �a Trustar shail mean each and every Trus�ar. This means �ha� each Trustor signing belov�r is
<br /> responsible for all ob�igations in this aeed of Trust.
<br /> IVo VIla��er by Lender. Trustor understands Lender wi11 no�giWe up any of Lender's rights under this Deed of Trust
<br /> unless Lender does so in writing. The fact �that Lender delays or omi�s to exercise any right will not mean that
<br /> Lender has g�ven up that righfi. lf Lender does agree in writing to give up ❑ne of Lender's rights, that daes not
<br /> mean Trustar will not ha�e to camp[y with the other pravisions vf this Deed of Trust. Trustor a[sa unders�ands
<br /> that if Lender do�s consent to a request� that does no� mean that Trustor will not ha�e to g��t Lender's �vns�nt
<br /> again i�f the si�tuation happens again. Trustor further und�rstands�hat jusf becaus� Lender cansents ta�ne ar more
<br /> of Trustor's requests, tha�daes not mean Lender ►n►ill be requir�d ta consent ta any af Trustar's �utur� requests.
<br /> Trustar wa�ves presentment, demand f�r payment, pratest, and notice of d�shonvr.
<br /> Severability, If a cour� finds fha�t any prvvision of this Deed o�F Trust is nat valid or shou[d no� be enfarced, tha�
<br /> �act by itself will not m�an�hat�he r�st of this Deed af Trust wil! no� �e �alid or enforced. Therefor�, a court vuill
<br /> enfarce the rest afi the pr�visivns of this Deed o�Trust eWen if a pr�vision of this Deed �f Trust may be found to be
<br /> invalid ar unenfvrceable.
<br /> Successors and Assigns. Subject to any limitations stated in this Deed of Trust on frans�er �f T�ustvr's interest,
<br /> this Deed af Trust shall be binding upon and inure to the benefit of th� parties, th�i� successors and assigns. If
<br /> ownership of�he Prop�rty becames �ested in a pers�n v�her than Trustar, Lender, withoufi notice tv Trustor, may
<br /> deal with Trustor's suc�esso�s wi#h referen�e t�this Deed o�Trus�and the Indebtedness by way of for�earance ar
<br /> ext�nsi�n without releasing Trustor frvm th�obligations af this Deed of Trusf or�iabElity under the Indebtedness.
<br /> Time is a�the Essen��. Time is�f the essence in the perf�rmance af this Deed of Trust=
<br /> Wa�ver of H�mestead Exemption. Trus�or hereby releases and waiWes all rights and benefits vf the homestead
<br /> exemption laws of the 5ta�e of Nebraska as to all lndeb�edness secured �y this Deed of Trust.
<br /> DEFINITI�NS. The fvllowing wards shall haWe the foll�win� meanings when used in this Deed of Trust:
<br /> �en�ficiary. The wvrd "Ben�ficiary" rneans F��e Poin�s Bank, and its succ�ssvrs and assigns.
<br /> Borro►rver. The ward "6orrower" means J�HN F SP�TAN5K1 and DEL�RES A SP�TAiVSKI and includes all
<br /> ��-sign�rs and co-makers signing the Note and all their suc�essars and assigns.
<br /> De�d of Tru�t. The w�rds "Deed of Trust" mean this Deed o� Trust among Trus�or,� L�nder, and Trustee, and
<br /> inc[udes withnut limita�tion af I assignm�nt and security interest pr�visions refa�ting to �the Persvnal Proper�y and
<br /> Rents.
<br /> EnvirQnmentai Laws. The wvrds "Enviranmental Laws" mean any and al1 state, federal and local sfiatutes,
<br /> regula�ions and ordinances ��lating to th� pratec�tion of human h�alth ar �the en�ironment, including w�thout
<br /> limitation the Comprehensive Envir�nrnental Response, C�mpensation, and Liability Act af 198�, as amended, 4�
<br /> U.S.C. 5ection 3��1, et s�q. t"�ERCLA"}, the 5up�rfund Amendments and Reauthorizafiion Act af �9$5, Pub. L.
<br /> Na. 99-499 �"SARA"}, the Hazardous Materials Transportatian Act. �9 U.S.�. S�ctEon 18�1, e�seq., the Resaur�e
<br /> Conser�ati�n and RecvWery Act. 42 U.S.C. Secti�n G9��, et seq., �r ather applicabi� state or federal laws, rules,
<br /> ar reguiations adopted pursuan�thereto.
<br /> Event nf D�fau[t. The words "E�ent of Default" mean any af the e�ents��default set fvrth in th�s �eed a�Trust in
<br /> th�e�ents of default se�tion of this D�ed af Trust.
<br /> Hazardous Substances. The wards "Ha�ardaus Substances" mean materials that. becaus� of �heir quantity,
<br /> concentration o� physical, chemical or infecfiaus �haracteris�ics, may cause or pose a present ar pfltential ha�ard
<br /> �o human health or the environm�nt when imp�aperly used, treated, s��red, disposed v�, gen�rat�d, manu�actured,
<br /> transpc�rted or atherwise handled. The words "Ha�ardaus 5ubs�an�es" are used in their very �roadest sense and
<br /> include without limitafion any and all hazard�us vr toxic substances� materia[s ar waste as defiined by or listed
<br /> under�he EnWironmentaf Laws. The�erm "Hazardous Substances" a�so incfudes, without limitation, petraleum and
<br /> petroleum by-prvduc�s or any fraction therevf and as�estvs.
<br /> fmpro►rements. The word "Impr�vemen�s" means a!I existing and future impro�emenfs, buildings, structures,
<br /> mo�il� h�mes affixed �n th� Real Proper�y, facilities, additi�ns� r�placements and oth�r �ons�ruc�ion on the Real
<br /> Property.
<br /> lndebtedness, The word "lndehtedness" means all principal, inte�est. and other amoun�s, costs and expenses
<br /> payab�e under the Note �r Relate� Docum�n�ts, together with a11 renewals �f, extensions afi, modi�Fications of,
<br /> �Qnsolidativns �f and substitutions for the hlote nr Related DoGuments and any amounts expended ar advanced b}�
<br /> Lender tv discharge Trustar's ab[igativns or expens�s incurred �y Trustee or Lender to enforce Trustvr's
<br /> abligati�ns under this Deed vf Trust, together with interest an such amounts as pro�ided in this Deed �f Trusfi.
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