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2� 1 ��4451
<br /> �EED DF TRUST'
<br /> ��ontinued} Pa�e 8
<br /> es�ate in the Pra�erty at any time held by or for the benefit of Lender in any capaci�y, withou��he written �onsent
<br /> o�Lend��.
<br /> Ga��rn�ng Law. This Deed o€Trust will be gvverned by �ederal law app�icable to Lsnder and, tfl thQ extent not
<br /> preempted by federal law,the laws of the State of Neb�aska wi#hout regard to i�s canflic�s of law pro�is�ons, This
<br /> Deed o�Trus#has b�en accepted by Lender�n the S'ta#e of Nebraska.
<br /> Jo�nt and Seve�al Liability. All ��liga�ions of Borro�ver and T�us�or unde� this Deed of Trust shall be jaint and
<br /> seve�al, and a11 references to T�us��r shaf� mean each and�very Trustor, and al! references to Borrower sha�� mean
<br /> ea�h and every Bor�ower. This means tha�each Trust�r sign�ng below is responsible for all abf�gations in�his Deed
<br /> af Trust.
<br /> No Wai�er by Lend�r. Trus�or understands Lender will not give up any❑f Lender's righ�s under�his ❑eed of Trus�
<br /> UnI�55 Lender does so in wri�ing. The �act that Lender delays or omits to exerc�se any r�ght will not mean that
<br /> Lender has gi�en up that right. If Lender does agre� in writing to give up vne of Lender's righ�s, �hat daes not
<br /> mean T�ustor wi�l not have to �omply w�th the �ther prov�sions of this De�d af Trust. Trustor a�so unde�stands
<br /> that if Lender does consent to a �eques�, that does not mean that Trustor will not have ta get Lender's cansent
<br /> again if the situation happens again. Trus�or further understands tha�just because Lender consen#s�a ane❑r mare
<br /> af Trusto�'s requests, tha� does not mean Lender wilf be required to cansent t❑ any o�Trustar's future requests.
<br /> Trustor wai�es presentment, demand for�payment, protest, and notice o�dishonor.
<br /> 5everabili�y. I�F a cvur�finds tha� any provision a�this ❑eed ot Trust �s not vafid or shou�d not be enforced, that
<br /> fact by i�seff will no�mean thaf�he rest o'�#his Deed of Trust wili not be valid or enforced. There�are, a court wiff
<br /> enforce fhe rest❑�the pro�isions o�this Deed of Trust even i�a pra��sion of this Deed of Trust may be f�und to be
<br /> in�al�d or unen�orceable.
<br /> Successors and Assigns. Subject to any �imi�ations stated in th�s Deed of Trust on �ransfer o�Trustor's interest,
<br /> this Deed of Trus� shalf be b�nding upon and inure to the benefit of the parties, �h21r 5LlGCGS54C5 and assigns. If
<br /> ownership of�he Property becomes vested �n a persan ofiher�han Trus�or, Lende�, without notice �o Trustor, may
<br /> dea!wifh Trusto�'s successors wi�h reference to this Deed of Trust and fhe lndeht�dness by way of fo�bearance ar
<br /> extensian w�thou�refeasing Trus�ar from the obligatians o�this ❑eed of Trus�or liabili�y under the Indebtedness.
<br /> Time is of�he Essen��. Time is of�he essence in the per�ormance of this Deed of Trust.
<br /> Wai�er of Homestea� Exemp�i�n. Trustor hereby r�leases and wai�es a�l rights and benefi�s o��he homestead
<br /> exemption laws of the Sta�e❑f Nebraska as to all lndebtedness secured by this Deed of Trust.
<br /> DEF�N�TI�NS, The fo�fowing words shall have the fo�law�ng meanings when used in this Deed af Trust:
<br /> Benefi�iary. The word"Beneficiary"means BANK QF THE V1lEST, and its successors and assigns.
<br /> Barrvwer. The word "Borrawer" means�ARY L MC CRAY and includes all co-signers and co-makers signing the
<br /> Cred��Ag�-eement and af[�heir successors and assigns.
<br /> Credit A reement. The words "Credit Agreemen�" mean the credit a�reement da#ed July 8, �4'i 6, with credi�
<br /> lim�� 0�$gS,D�D.�� from Borrower to Lender, to ether with a!l renewals of ex�ensions of modif�a i
<br /> � T , tons of,
<br /> refinancings of, consolidat�ans o�, and substitutions for the promissory note o� ag�eement. The ma�urity date of
<br /> this ❑e�d o�Trust is July 13, ��4�. NOTICE TD TRUST�R: THE CRED�T AGREEMENT C�NTAINS A VARIABLE
<br /> INTEREST RATE.
<br /> Deed �# Trust. The words "Deed of Trust" mean th is Deed o�Trust among Trus�or, Lend�r, and Trustee, and
<br /> includes withaut fimitation a!I assignmen# and securi�y �nt�r�s� provisions refa�ing to the Persanal Praperty and
<br /> Rents.
<br /> En�ironmental Laws. The w�rds "En�ironm�ntal Laws" mean any and al[ s�ate, federaf and iocal s�atut�s,
<br /> regula�ions and ordinances �elating to the prti�ection o� human health or �he enWironment, including w�thou�
<br /> limi�ation the Comprehensive Environmen�al Response, Compensation, and Liabil�ty Act o� 198Q, as amended, 42
<br /> U.S.C. Section 9��1, et seq. �"CERCLA"}, the Super�und Amendments and Re�u�horization A��of 1986, Pub. L.
<br /> N�. 99--499�"SARA"}, the Hazardous Materials Transporta�ion Act, 49 U.S.�. Sec�ion 'I 8Q'!, et seq., the R�source
<br /> Canserva�ian and Recovery Ac�, �4� 1J.S.C. SeGtion 69Q'�, et seq., or o�her applicable state or federal laws, ru[es,
<br /> or regu�a�ians adapted pursuant�h�reta.
<br /> Event of❑e�aulf. The words"E�ent af De�aulfi"m�an any of the even�s❑f default set fflr�h �n th�s Deed of Trus�in
<br /> the events of def�ult sectian of this D�ed❑f T�ust.
<br /> Hazardous Substances. The words "Hazardous Substances" mean ma�er�als tha�, h�cause of th�ir quanti#y,
<br /> concen#ra�ion vr physica�, chemica� ar in�e�tious Characteristics, may cause or pose a presen� �r potent�a� ha�ard
<br /> ta human heal#h or th�en�i�onment when �mproperfy used, treated, stared, disposed of, generated, manu�actured,
<br /> transport�d or o�h�rwise handled. The wards "Hazardous Substances" are used in their very broadest sense and
<br /> include wi�haut I�mitation any and al� haza�d�us or toxic substances, mate�ia�s or waste as defrned by or lis�ed
<br /> under the En��ronmental Laws. The term "HazardQus 5ubstances" alsa inc�udes,wi�haut limitation, pe�r�feum and
<br /> petraleum by--prad ucts or any fraction thereof and asb�stos.
<br /> tmpravements. The word "Impro�ements" means all existin� and future �mpra�ements, bu��dings, structures,
<br /> mobi�e homes affixed on the Real Property, facil�ties, additions, rep�acem�nts and other construction on the Real
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