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2� 1 ��4877
<br /> C�EED �F TRV�T
<br /> ��antinued� Page 7
<br /> responsible fc�r sll oblig�tions in this Deed vf Trust.
<br /> No W�n►r�r ay Ler�dar. Lender shall not t�e de�emed t�have wai�ed any rights und�r this Q�ed vf Trust unless such
<br /> wai�er is gi�en in writing and signed by Lend�r. No deley vr omission❑n the part o�Lender in exercising any right
<br /> shall operate as a wai�er of such right vr any ather right. A wai�er by Lendsr of a pro�ision ❑f this ❑eed of Trust
<br /> shall not prejudi�e or c�nstit�te e wai�e� ❑f Lender's right oth�rwise t� demend strict cQmpli�nce with tha�
<br /> prv�isiQn vr any other pravisian of th�s deed of Trust. No pr�or wai�er hy Lender, nvr any c�urse af de��ing
<br /> between L�nder �nd Trustor, shal! cvnstitut� a wai�er of any v� L�+�xier's rights or a#any af Trustvr's ab�igatians
<br /> as to any future transaGtivns. Wheneder th� cvnsent of Lender is required under this Deed of Trust. the gr�nting
<br /> vf such consent by Lend�r in any instan�e shall nat canstitute continuing con�ent to subsequent instences where
<br /> such cvns�nt is required and in all�ases such cons�nt may b�gr�nted vr withh�ld in the sole discreti�n of L�nder.
<br /> Sa�eraaili#y. If a �ourt Qf ccampetent jurisdictian finds eny pro�i�i�n af this �eed of Trust to h� iiiegal, in�ra�lid, nr
<br /> unenfor�eable as#o any persnn or circumsYance, that finding sha!! nat meke the offending prQ�ision illegal, in�alid�
<br /> or unenforc�able as to �ny other p�rsan or circumstance. If �eas��le, the affe�nding pra��ision �haf� be cvnside�ed
<br /> modified so that it bec�mes iegal. �ali�l and enfarceab�e. Ifi the❑f�ending pro�isian cannvt be sv m�dified, it�hali
<br /> be c�nsidered de��ted fram this Deed �f Trust. Unl�ss atherwise required by �aw, the ill�gality, in�alidity, or
<br /> unenforceability of any prv�ision of this Deed v�Trusi shall not effect the legality� �alid'+ty ar enforceability vf any
<br /> other pra�fsian❑f this ❑eed❑f Trust.
<br /> Successors �nd Assigns. Suaject to any limitati�ns stated in�his Deed of Trust on transfer of Trustar's interest.
<br /> #his D�ed �f Trust shall be binding upan and inure ta �h� bene�it o� the parti�s, the�r suGcessors and assigns. If
<br /> awn�rship o�the Property beGomes�es#ed in a p�rson other�han Trustor, Ler�der, without nvti�e to Trustor, may
<br /> deal with Trustor`s successors with reference to this D�ed❑f Trust and the Indebt�dness by w�y❑f farhearance or
<br /> gxtensivn withvut releasing Trustor frvm the oblig�tions of this L�eed af Trust❑r liability under th� Indebtedness.
<br /> Time is vf the Essence. Time is vf the essence in the performance of this Qesd of Trust.
<br /> Wai�e Jury. All parties to this Deed of Tru�t hereby wa��e the right to any jury trial in any action. proceeding, r�r
<br /> caun#erclaim hrought!�y eny pr�rty e�ainst any other party.
<br /> Wai►►er of Homestead Exemption. Trustor herehy releases and wai��s all rights and benefits of the homestead
<br /> exemption��ws af the Stat�o#N�braska as to ai�Indebtedn�ss secured by th�s l]eed vf Trust.
<br /> QEFINiTI�NS. The fol�owtng capitalized words and terms shall ha�e the follvwing meanings when us�d in this Deed of
<br /> Tru�t. LJnle�S SpBCI�IC311y 5�8�ed �n �I1g C�ntr8��1, all r�ferences ta dallar amvunts sh�ll mean amaunts in lawful money
<br /> of the V nited �tates af America. Words and t�rms used in the singu�ar shall include the plurat. and the pluraf sh��l
<br /> includ� the singul�r, as the cantext may r�quire, Words and terms nQt o�her�wise dgfin�d in this L��ed qf Trust shall
<br /> h��e the meanin�s attributed to such terms'rn the Uniform Cammer�i�l Cod�:
<br /> Benafi�iary. Th�word "BenefiGiar�" means Exchange 88nk, and i�s su�cessQrs and assigns.
<br /> Bvrrower. The wvrd "Borrower" means Eric �. Wright and Jennie M. Wright and incfudes all co-s�gners and
<br /> cv-makers signir�g the N�te and �II their successors and ass��ns.
<br /> Deed vf Trust. The wvrds "Deed of Trust" m�an #his Deed of Trust amQng Trustor, Lender, and Trustee, and
<br /> include� withaut lirnitat�vn al! assignment and security intere�t pro�isians reietir�g to the P�rsanal Prvperty and
<br /> Rents.
<br /> Qefauit. The word "Default" means the Default s�t f�rth in this f]eed of Trust in the section titled "Default".
<br /> En�ironmenta# L�ws. The wo�ds "En�irvnmentai Laws" m�an any and 811 state. �edere�`�and lacal,statutes,
<br /> regula#ions �nd ordinan�es relating ta the pra�ection of human health:ar the en�ironment,� incEuding withput
<br /> limitation the Camprehensi�e En�ironmenta� Respanse, C�mpensation, and LEebility Act�� 9 384, as�mend�d, 4�
<br /> U.S,C. �ection 95�1, et seq. R"CERCLA"j, the Superfund Amendments and R�aut�iotiz�tivn A��o#-a 98�;�Qub. �..
<br /> No. 99-499 �"�ARA"y, the Haza�daus Materiels Transpo�rtatiQn Act,49 L1.S.C. Section '�8�1, et seq., the Resourc�
<br /> Cvnser�at�vn �nd Reco►►ery A�t, 4� U.S.�, Section fi9��. et seq., vr other applic�t�fe state or f�der�l �aws. rules,
<br /> vr regulations advp�ed pursuant thereto.
<br /> E►►ent of Def�ult. The words "E�ent of❑�fault" mean any v#the e►►ents vf default set#orth in this Deed vf Trust ir�
<br /> the e►►�nts of�iefault sectivn af this Deed of Trust.
<br /> �uaranty, The word "Guaranty" m�ens the guarant�from guaran�or�endorser, surety, or accommodation party ta
<br /> Lender, including withaut limitation e guaranty of all vr part af the Note.
<br /> Haiardaus Suhstances. The wards pHazard�us 5ul�stances" mean materials that, �ecause of their quantity,
<br /> concentr�tion or physi�al, chemical or infectious characteristi�s, rnay cause ar p�se a present ❑r potential ha�ard
<br /> to human h�al#h ar the en�iranment when improperly used. tre�ted, stored. disp�sed❑f. g�nerar�d, manufactured,
<br /> transparted ar otherwise handl�d. The wards "Ha�ardvus Suhstances" are u�ed in their�ery hroadest s�nse and
<br /> inciu�ie w►ithout limitatian any �nd al! ha�ardous vr toxi� su��tances. materials Qr waste as defined by or listed
<br /> under th�En�ironmental Laws. The term "Hazardous Substances" also includes, without lim�ta#ivn, petroleum and
<br /> petrol�um by-products or any fractivn therevf and asbestas.
<br /> Impro�emants. The wQrd "Imprv�ements" means a�l existing end future impro�ements, �uildingS, structures�
<br /> mobile hvm�s affixed on the Re�l Prvperty. f�cil�ties, additions, repl�cements �nd ❑ther �onstruc�ion on the R��I
<br /> Property.
<br /> Indebtednes�. The word "lndet�tedness" means all principal, inter�st, and vther amounts, costs and expenses
<br /> payable under the Nate or Related ❑o�uments, togeth�r with all renewals of. extensivns �f, modificativns af,
<br /> consolidatians❑�and substitutians for the Nt�te nr Related Dacumenis and any �maunts expend�d Qr ad�an�ed by
<br /> Lender t❑ discharge Trustor's obligations Qr expenses inGurred by Trustge or Lend�r to �nfvrce Trustc�r's
<br /> abligativns under this ❑�sd of Trust, togeth�r with interest vn such am�unts as pro►►id�d in this C]eed of Trust.
<br /> Specifically, without limit�t�vn, Indeb#edness includes the rtuture ad�ances set forth in the Future Ad�ances
<br /> pra�ision� tng�ther with al� interest therean and all amounts that may be indire�tly secured by th�
<br /> Cross-C�ffaterali�ation prv�isian of tfiis aeed of Trust.
<br /> Lander. Th�word "Lender" means Exchange ��nk, its successors�nd assigns.
<br /> Note. The word '�Nvte" means the pramissQry nate dated July 29, �ai�, in the original principai arnaunt
<br /> Df $�1,D��.�� #rom Trustar t� Lender, together with all renewals of, �xtensians of, modifications af,
<br /> refinan�ings at, consolidat+ons of, and substitutivns�or the prom�ssory note or agreement.
<br /> Pers�nal Prc�perty. The wvrds "Personal Prvperty" mean all equipment, fixtures, and �ther artic�ss of persvna!
<br /> praperty nQw ❑r hereafter owned by Trustvr. and naw ar hereafter �ttached or affixed �Q the Rea! Property;
<br /> ta��ether with all accessia�ns, p�rts, and additions to, �II rep��acements of� and al! substitutians rtar, any of su�h
<br /> property; and together with all pra�eeds �including without limitativn ail insurance prv�e�ds and refunds af
<br /> premiums) frvm any sel�or oth�r disposition af the Property.
<br /> Proper#y. The word "Prvperty" means�vll�crively the Rea� Prvperty and th� Personal Property.
<br /> Rael P�roper�y. The words "Real Property" m�an the real praper�y, interests and rights, as further des�rihed in this
<br /> Deed af Trust.
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