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2� 1 ��534�
<br /> DEED �]F TRUST
<br /> �Cvntinu�d� Pag� 7
<br /> Nv Waiver by Lend�r. Lender shail not be deemed �a have wai�ed any r�gh�s under this Deed o�T�ust unless su�h
<br /> waiver is gi�en in writing and si�ned �y Lender. No delay ar omissivn on the par�of Lender in�xercising any righ�
<br /> shall opera�e as a wai�er of such right or any other right. A wa��er by Lender of a provision af this l]eed vf Trust
<br /> shalL no� prejudice or cons�itu�e a wai�er af Lender's righ� a�herwise ta demand strict compliance ►rvi�h tha�
<br /> pro�ision or any ❑�her pra�ision of this Deed ��F Trust. No prior wai�er by Lender, nor any cvurse o� dealing
<br /> �etween Lender and Trustor, shall constitute a wai�er vf any of Lender's rights ar o� any af Trus�or's abligations
<br /> as ta any future transactians. Vllhene�er the cvnsent of Lender is required under �his Deed ❑f Trust, the granting
<br /> ❑f such consen� by Lender in any instance sha�l not constitute continuing cons�nt ta subsequent instances where
<br /> such cvns�nt Es requ�red and in afl cases such cansent may be granted or w�thhe�d in th� sole discr�tion o�Lender.
<br /> Severabili�ty. l� a court❑# cvmpe��nt jurisdiction finds any prv�isivn of this Deed of Trust�v �e iilega�, in�alid, Qr
<br /> unenfiorceable as to any circumstance, �hat finding shail nvt make the �ffending prv�isivn illegal, in�alid, vr
<br /> unenforceable as �o any o�her circumstance. If feasibie, the v�fending pravisian shall I�e considered rr�adified so
<br /> �hat it becomes l�gal, �alid and enforceabl�. If the vff�nding pro�ision cannv� b� so modifiied, it shal! he
<br /> considered delet�d fram this Deed of Trust. Unless vtherwise required by faw, the i��egality, invalidity, �r
<br /> unen#arceability of any pro�ision of this Deed of Trus�shall not affec��he lega��ty, �alid�ty or en#orceability o�any
<br /> ather pro�ision o�this De�d of Trust.
<br /> Successvrs and Assi�ns. Subject tv any limitativns stated in this ❑eed vf Trust on trans#er ❑�Tr�stor's interest,
<br /> this Deed of Trust shall be binding upvn and inure t� the bene�it af �he parties, �heir su��essvrs and assigns. lf
<br /> �wnership of the Property becomes �ested �n a persan ather than Trustor, Lender, withvut no�ice to Trustor, may
<br /> deal wi#h Trustor's su�cessors with reference ta this Deed�f Trust and the lndebtedness by way of�forbearance or
<br /> extension wEthaut releasing Trustor fram the obliga��ans af this Deed of Trust vr liability under the lndebtedness,
<br /> Time is❑f the Essence. Time is of the essence in th�performance�fi this Deed of Trust.
<br /> Waive Jury. Alf parti�s tv�his Deed af Trus�t hereby wairre the right�❑ any jury triai in any ac#ivn, proceeding, or
<br /> �ounterclaim brought by any party against any other pa�ty.
<br /> 1Nai�er of Homestead Exemptian. Trustor her�by releases and wai�es all rights and b�ne#its af the hom�stead
<br /> �xemp�tian laws of the 5ta�e of Nebraska as to all Indebtedness secured by this �eed af Trust.
<br /> DEFINITIaNS. The f��[Qwing capitalized words and t�rms shall ha�e the follawin� meanings when used in �his Deed o'�
<br /> Trust. Unless speci�ically stated ta �he contrary, all references to doliar amounts shafl mean am�unts in law�u� money
<br /> a� the L1ni�ed States ❑f America. Words and �erms used in �he singular shall include the plu�ral, and the plural sha�1
<br /> include the singu�ar, as �he context may r�quire. VVords and terms not ather►rvise defined in th�s �eed of Trust shall
<br /> ha�e�he meanings at�rik�uted��such terms in�h� Uni'�arm C�mmercia! �ade:
<br /> Beneficiary, The w�rd "Beneficiary" means Exchange gank, and its su�cessars and assigns.
<br /> Borrower. The w�rd "Borrvwer"' m�ans Russell A. Supencheck and in�ludes aC� coTsigners and co-makers signing
<br /> the Nate and al{their su�cessars and assigns.
<br /> Deed af Trust, The words "Deed af Trust" mean this Deed af Trust amvng Trus�or, Lender, a�td Trustee, and
<br /> includes without limitatian ai! assignment and secur'rty interesfi pro�isions rela�ing to the Persanal Prvpe�ty and
<br /> Rents,
<br /> De#aulf. The word "�efau��" means the Defau�t se�farth in this Deed ❑f Trust in the se�tion titled "Default".
<br /> En��ranmenta� Laws. The words "En�iranmental Laws" mean any and ali stat�, f�dera[ and lo�al statu�es,
<br /> regula��ons and ardinanc�s r�lating ta the protection of human heal�h ar �he en�ironment, �n�luding withaut
<br /> l�mitation�he �amprehensi�e En�iron�mental Response, �ampensatian, and Liab�lity Act af 138�, as amended, 4�
<br /> U.S.C. 5�ctivn 9fi41. et seq. t"CERCLA"�, �he Sup�r�und Amendments and Reautha�rizati�n A�t vf �9$fi, Pub. L.
<br /> No. 99-49� �"SARA"�, th� HazardQus Materials Transpvrtation A�t, 49 U,S.C. Section 18D1, e�seq., �h� Resourc�
<br /> Canser�a�ion and Recv�ery Ac�, 4� U.S.C, Sectton 69C11, et seq., or other appficable state or�e�eral faws, ruies,
<br /> or regulations adapted pursuant thereto.
<br /> Event n�Default. The wards "E�ent of❑efault" mean any ofi the e�ents af defaul�t set�or�h in this Deed of Trus�t�n
<br /> the e�ents af default sect�vn of this Deed of Trus�.
<br /> Guaran�y. The word "�uaranty'" means the guaranty firam guarantar, endorser, surety, or accommadation party to
<br /> L�nder, including with�ut limitation a guaran�y of all �r part❑f the Nate.
<br /> Ha�ardaus 5uhs�an�es. The words "Ha�ardvus Substances" mean ma�erials �hat, hecause o� their quantity,
<br /> c�ncentration ar physical, �hemical ar infectious characteristics, may cause or pase a presen� or pQtential hazard
<br /> �� human health ar the en�iranment when impraperly used, �reated, stored, dispvsed of, genera�ed, manufactur�d,
<br /> �ranspa�ted ar vtherwise handled, The words "Hazardous 5ubstan�es" are used in their very �roadest sense and
<br /> incfude w�thaut limitation any and a�f ha�ardous ar toxic substan�es, materiafs vr was�te as defined by ar listed
<br /> undsr the En��ronmental Laws, The term "Hazardous 5ubstances" a�s� incfudes, withvut limitatian, petroleum and
<br /> petraieum by-products vr any fract�on therev�and asbestos.
<br /> Improv�ments. The word "Impro�ements'" means all existing and �utur� impra�emen�s, �u��dings, s�ructures,
<br /> mflbile homes af�ix�d on the Real Property, facilities, additions, replac�ments and ather c�nstruction on the Real
<br /> Proper�y.
<br /> Indehtedness. Th� ward "�ndebt�dness"' means al! principal, in�eres�, and other amvunts, casts and expenses
<br /> payab�e under the Note ar Related Documents, together wi�h all renewats ❑f, ex�ensiflns of, madifi�a�ions vf,
<br /> cansvlidations of and substitutions for the Nvte or Reiated Dvcuments and any amounts expended ar ad�anced by
<br /> L�nder ta dis�harge Trus�or"s obligations or �xpenses incurred by Trustee or Lender tv enforce Trustar's
<br /> obliga�ions under this Deed vf Trust, together with interest on such am�unts as pro�id�d in this Deed of Trust.
<br /> Specifica��y, withaut limitativn, Indebt�dness includes the futur� ad�ances set forth in the Futur� Advances
<br /> pro�ision, together with alf interest thereon and all am�un�s that may be indirectiy se�ured by th�
<br /> Cross-Calla�eralization pro��s�on of this D�ed of Trust.
<br /> Lender. The v►rard "Lender" means Exchange Bank, its successors and assigns:
<br /> Nate. Th� word "Note'r means the prvmissary note da�ed August 1�, �D16, in the �ri�inal principaf
<br /> amount of $��,'[79=D�fram Trustor t� Lender, together with all ren�wa[s��, extensians of, modifica�ions of,
<br /> re�inan�ings of, cansolidativns of, and substitutians far the promissory nv�e�r agr�ement.
<br /> Persvnal Praperty. The words "Persona� Pr�per�yFT mean all equipment, �ixtur�s, and a�her articles a� persvnal
<br /> prflperty naw or hereafter owned by Trustor, and now or herea�ter attach�d or aff�xed t❑ the Rea[ Property;
<br /> together wi�h all acc�ssians, parts, and additions �o, all replacements a#, and al! suhs�itutians �or, any vfi such
<br /> prvperty; and together wi�h a11 p�vc�eds �including without limitatian all insurance praceeds and re�unds of
<br /> premiumsy from any sale vr other dispvsition vf the Prop�rfiy.
<br /> Property. The wvrd "Property" means�o�lecti�ely the Rea! Praper�y and the Persvnal Prvperty.
<br /> Real Property. The words "Real Property" mean�he rea� prvperty, interes�s and rights, as further described in�his
<br /> D�ed of Trust.
<br /> Related Dvcuments. The words "Related Dacuments" mean all prvmissory nvtes, cred"rt agreements, Ivan
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