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2� 1 ��48� 1
<br /> [3EED DF TRUST
<br /> �Cantinued� Pa�e 7
<br /> shall operat� as a wai�er af such right or any other right. A wai�er !�y Lender�f a pra�isian of this Deed o�Trust
<br /> shall na�t pr�judice or cons�itute a wai��r of Lender's right o�herw€se to demand strict camplian�e with tha�
<br /> pro�ision vr any ❑�h�r pro�ision of this Deed af Trust. Na privr wa��er by L�nder, nvr any course o� dealing
<br /> between �ender and Trustor, sha�� cons�i�ute a wai�er of any of Lender's rights or ❑f any o�Trustor's ob��gations
<br /> as �o any future transactions. Whene�er the consen� v� Lender is required under this Deed af Trus�, the granting
<br /> ❑� su�h cansent by Lender in any instan�e shal� no� �onstitute continuing consent ta subsequent instan�es where
<br /> such consent is required and in al[ cases such �onsen� may h� granted ar withheld in the sofe discretian of Lendsr.
<br /> 5everabili�y. I� a court of comp�tent jurisdiction #inds any pro�ision o�this ❑eed o#Trus� to be illegal, in�alid, or
<br /> unen�vrceable as to any circumstan�e, that finding sha�i not make �h� offend�ng pro�ision illegal, in�alid, or
<br /> unen�arceable as ta any other circumstance. I� feasible, the off�nding pra�isi�n shall be c�nsidered rr�odified so
<br /> that it becames legal, �alid and enforc�ab�e. Ifi the vffending pro�ision cannot be so modified, it shall �e
<br /> cons�dered de�eted from this Deed of Trust. Unless otherwise required by law, the i[legality, in�alidity, or
<br /> unen�orceab��ity flf any pra�ision af this aeed �f Trust shali no� affect the legality, validi�y or �nforceability of any
<br /> vther pro�ision of this D�ed of Trust.
<br /> 5uccessors and Assigns. Subject to any limitations stated in �this C]eed of Trust on transfer of Trus�ar's interest,
<br /> this Deed of Trus� sha�� be bind�ng upan and inure �o the benefi� af the par�ies, their successors and assigns. I�
<br /> own�rship o��he Pr�perty becames �ested in a pers�n other than Trustor, Lender, withou# noti�e to Trustor, may
<br /> dea� with Trustor`s successors with referenc�to�his Deed of Trust and the �ndebtedness by way of for�earance or
<br /> ext�nsion withou�releasing Trustar from the at�liga�ions v#this Deed v#Trust❑r�€ahility unde�the �ndebtedness.
<br /> T�me is o#the Essen�e. Tim� is��the essence in�he performance of this Deed o�Trust.
<br /> Wai�e Jury. AI! part�es to this ❑eed o�Trust hereby wai�e the right�o any jury trial in any action, proceeding, or
<br /> counterclaim brought by any party agains�any other party.
<br /> Wai�er of Homestead Exemption. Trustar hereby releases and wai�es all rights and henef�ts af the homestead
<br /> exemptivn iaws af�he 5t�te af Nebraska as to all Indebt�dn�ss secured �y�his Deed o�Trust.
<br /> DEFINITI�NSa The follow�ng �apita�ized words and terms sha11 ha�e the �o�lowing mean�ngs when used in this Deed of
<br /> Trus�. Unless spe�ifically stated t� the contrary, all ref�rences to d�llar amounts sha�l mean amounts in law�rul money
<br /> of �he United 5tates of America. 1lVords and �erms used �n the singu�ar shall inc�ude the plurai, and th� p�ural shall
<br /> include the singular, as �he cantext rnay r�qu+re. Words and terms not o�herwise defined in �his ❑eed o# Trus� sha�l
<br /> ha�e the meanings attr��uted to such�erms �n the Uniform Cammercia� Cod�:
<br /> Bene�ic�ary. The word "Beneficiary" means Exchange gank, and its su�cessors and assigns.
<br /> Eorrower. The word "Bor�ower" means Da�id J 1lVetherilt and includes a�� co-signers and �o-make�s signing �he
<br /> No�e and all�heir su�cessars and assigns.
<br /> ❑eed of Trus#. The wo�ds "D�ed of Trust" mean this D .�,�,�,,�;,����,�s�o��e�,r,� and Trustee, and
<br /> includes w�thout limitation alI assignment and security in e,���t-p�r�sv�si���,=';��:[����tl� Per�anal Praperty and
<br /> Rents. �� ��;�����F;�� :_
<br /> . . .......-, .3 r F- i
<br /> Il tt $ ��.a'r Va� '-=�.•.q�' "� �';��. �.i:��'� y'„�'M%-.., �.
<br /> �..:•. ..f f'�.y�.-r f'i:. �.� SK -�:?. >:
<br /> Defaui�, The w�rd Defaulfi means the ❑efault s�t fa�th ir���.�;.�d::;a���;���,��io_r�_..�ti�t.�e,�d "De�ault".
<br /> En�irvnmental Laws. The words "En�ironmenta� Laws" mean any and all s�ate, federal and Iaca1 statutes,
<br /> regulations and ordinances rela�ing ta the protection of human h�alth ❑r the en�ironment, inc�uding w�thout
<br /> limitat�on �he Comprehensi�e En�irnnmen�al Response, Gompensa�ion, and Liability Act of 1980, as amended, 42
<br /> U.S.C. Section 96n1, et seq. �"CERCLA"y, the Superfund Amendments and Reauthorizatian Act of 198�, Pu�. L.
<br /> No. 99-499 4"SARA"�, the Hazardous Mat�ria�s Transport�tian�Act, 49 U.S.�. Section 18�'1, et seq., �he Resaurce
<br /> Conser�ation and Reco�ery Act, 42 U.S.�. Section 59Q1, et seq., or other appliCable s�ate or federal laws, rules,
<br /> or regulations adopted pursuant there�o.
<br /> E�ent o#De�ault. The words "E�ent of ❑e�ault" mean any o#the e�ents of defau�t se�fvrth �n this Deed a�Trust in
<br /> the e�ents o�defau�t sec�ian o�this ❑eed o�Trust.
<br /> Guaran�y. The w�rd "Guaranty" means the guaranty from guaranto�, endorser, surety, �r a�commvdation par�y t�
<br /> Lender, including w�thou�limitation a guaranty of alk or part af th� Not�.
<br /> Ha�ardaus Substanc�s. The wvrds "Hazardaus Su�stances" mean materials tha'�, because vfi their quantity,
<br /> concentratian or physical, chemical or infectiaus characteris�ics, may cause or pose a present or patential hazard
<br /> �o human health ��the en�iranment when impr�p�r�y used, tr�ated, s�ored, d�sposed ❑f, generated, manufactured,
<br /> �ransported or otherwise handled. The words "Hazardous Substances" a�e used in �h�ir �ery broadest sense and
<br /> include without limitation any and al� ha�ardous vr toxic substances, materials ar waste as defined by or listed
<br /> under the En�ironmen�al Laws. Th��erm "Ha�ardous 5ubstances" also inc�udes, without limi�ati�n, p�troleum and
<br /> pe�roleum by-products�r any fraction th�reof and asbes�os.
<br /> �mpro�ements. The word "Impro�ements" means all existing and future impro�ements, buildings, s�ruc�ur�s,
<br /> mobile homes af�ix�d an the Real Property, fa�iliti�s, addi�ions, �eplacements and other cons€ruction on the Real
<br /> Property.
<br /> indebtedness. The ward "Indebtedness" means afl principal, �nterest, and ❑ther amounts, costs and expenses
<br /> payable under �he Not� or Related Do�uments, toge�her w�th all renewals of, ext�nsions of, m�difica�ions v#,
<br /> c�nsalida�ions of and suhs�i�utions �or the Note or Related ❑ocuments and any amounts expended or ad�anced by
<br /> Lender �o d�scharge Trustor's �hliga�ions or expenses incurred by Trus�ee or Lender to enfor�e Trustvr�5
<br /> obligations under �his ❑eed of Trust, tog�ther wirh int�r�st an su�h amaun�s as pro�ided in this aeed of T�ust.
<br /> 5pecifically, wi�haut �imi�ation, Indebtedness includ�s the fu�ure advances set �a�th in the Future Ad�an�es
<br /> pro�ision, �age�her with all interes� thereon and a�� amounts that may be indirectly secured by the
<br /> Cross-Cpllateralization pra�ision a�this Deed af Trust.
<br /> Lender. The word "Lender" means Exchange Bank, its successors and assigns.
<br /> No#e. The word "Note" means the promissory no�e dated July �S, �416, in the ar�ginal p�incipal amount
<br /> of $�65,�Q�.Q� from Trustor ta Lender, together with all r�newals of, extensions vf, modifications of,
<br /> re��nancings of, �ans�lidativns af, and substitu�ions for the pramiss�ry note or agreement.
<br /> Persona� Praperty. The lrvords "Personal Praper�y" mean all equipment, fixtures, and other articles of personal
<br /> proper�y now or her�a�ter owned by Trustor, and now or herea�ter attached o� affixed to the Real Prop�r�y;
<br /> �ogether with all acc�ssions, pa�ts, and additions �a, all replacements a�, and all substi�utions #ar, any o� su�h
<br /> praperty; and togethe� with a[i proceeds 4including without limitation all insurance proceeds and refunds o�
<br /> premiumsy frvm any safe ❑r o�her d�spasi�ion of the Property.
<br /> Prvperty. The word "Praper�y" means callecti���y the Real Property and the Persvnal Proper�y.
<br /> Real Proper�y. The words "Real Property" mean the real property, in�erests and rights, as fur�her described in this
<br /> ❑eed ❑�Trust.
<br /> Rela�ed D�cum�n#s. Th� words "R��ated Documents" mean a�l prvmisso�y nv�es, c�edit agreements, loan
<br /> agreements, en�ironmen�al agreements, guaranti�s, s�curi�y agreemen�s, mortgages, deeds af trust, securi�y
<br /> d�eds, co�lateral mortgages, and all athe� instruments, agre�ments and documents, whether norrv or hereaf�er
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