|
2� 1 ��5444
<br /> �EED C3F TRU�T
<br /> ���n#irlued} Rag� G
<br /> fo�eclose by natice and sale, and Lender wil! ha�e the right to fareclose by judicia� forec�osure, in either case in
<br /> acGordance with and tv ths full extent pra�ided by applicable iaw.
<br /> Successor Trustee. L�nder, at Lender's opti�n, may f��m time t�time appain#a successor Trustee to any Trustee
<br /> appointed under th�s Deed v� Trust by an instrumen#executed and acknawledged by Lender and recarded in the
<br /> office af #he reGorder af Hall County, State ❑f IVebraska. The instrum�nt shall cantain, in addition ta all vther
<br /> matters required by state law, the names af the o�-iginal Lender, Trustee, anct �rustor, the book and page �ot-
<br /> computer system reference} where this Deed af Trust is recorded, and the name and address of the succ�ssvr
<br /> trus#ee,and�he instrument shall be exe��te�d and aeknowledged by al�the beneficiaries under this C�ee�of Trust or
<br /> their successors in interest. The successor trus�ee, wi#hout conveyance of the P�vperky, sha�l succeed to all the
<br /> title, p�wer,and duties con'�err�d upon the Trustee in this Deed of Trust and by applicable law. This procedure�or
<br /> substitution of Trustee shall govern ta the ex�lusion of a!l other pro�isions for substitutian.
<br /> MCfTICE5. Any n�#iee required tv be�iuen under this Deed o�Trust, inciu�ing w�thout limitatian an�notice af default
<br /> and any notic�of sale shall be gi�en in writing, and shall be effecti�e when actually deli�ered,when actually recei�ed
<br /> by#eiefa�csimile�unless o#herwise required by iaw},when depvsited wi#h a nat�anaily recvgnized o�ernigh#caurier,vr, if
<br /> mailed,when deposifed in the United 5tates maii, as first class, certified vr registered mail postage p�epaid,directed�o
<br /> the addresses shown near�he beginning of this C�eed of Trus#. All copies of natices af foreclosure frvm the holder vf
<br /> any lien which has priority o�er this C3eed�f T'rust s�all �e sent tv �ender's aadress, as shown near the beg�Rning v�F
<br /> #his Deed of Trust. Any persvn may change his ar her address for notices unde�this aeed o�Trust by giv�ng formal
<br /> w�-itte� n�tiee t� t�e other pers�n Qr �ersons, s�ecifying tha# #he purpvse of the notice is to change the person's
<br /> address, Far notice purpases,Trustor agrees#v keep Lender infnrmed at all times of rrustor's current address. Llnless
<br /> vtherwise pro�ided or required by law, if there is more than vne Trustor, any n�tice gi�en by Lender to any Trustor is
<br /> deemed ta be noti�e gi�en to a�l Trustors. It witl be rrustar's respvnsibEli�y#o te11 the athers af#he notice fram Lender.
<br /> M�SCELLANEC3US PR�]V151�N5. The following misc�ilaneous provisians are a part vf this Deed of Trust:
<br /> Amendments. VlJhat is written in this Deed❑f Trust and in #h� Related Do�uments is Trustar's �ntire agre�ment
<br /> with Lender concerning the matters cauered b�#his Deed vf Tru��. Tv be effective, any�hange Qr amendment tv
<br /> this f]eed vf Trust must be in writing and must be signed by whoe�er will be bound vr obligated by the change or
<br /> amendment.
<br /> Capt�on Headings. Captian headings in #his Deed ❑f Trust are for cvn�enience purpases anly and a�e no� �o be
<br /> used to interp��t❑r define the pro�isions of this Deed of Tr�st.
<br /> Merger. There sha�l be nv merger of the interest or estate creat�d by this Qeed of Trust with any other interest or
<br /> est�te in t�e P'ra�e�ty a�any tirn� held by or fvr the benefit af Lender in any�apacity, without the written consent
<br /> of Lender.
<br /> GvWerning Law. This 8eed of T�ust wi�l be gov�rned b� �edera� �aw appli�able tv Lender and, ta the extent not
<br /> preempted by feder�!law,the laws tif the Stats of Nebraska without regard t��ts conflicts of law prv�isions. This
<br /> Deed of 7rus!has been accepted by Lender in the S#ate�f Nebraska.
<br /> Joint and Several Liahi�ity. Ail �biigations af Trustor und�r this Deed vf Trust shali he joint and se��ral, and all
<br /> re�e��nees tQ Trust�� shall rr�ean each and e�ery Trustor. This means that each Trustor signing below is
<br /> respvnsible for ail abligatiQns in this C3eeci vf Trus#.
<br /> �Vo Vllaiver by Lender. �'r�rst��u�derstands�.�n�er wi�l n�at�ive up any o€Lender's rights �nder this Deed of�'ru�t
<br /> unless Lender dves so in wri#in9. The fact th�t Lender delays ❑r omits #o exer�ise �ny righ# wili not mean #hat
<br /> Lender has giv�n u�that ri�ht. lf Lender does agree in writing to �i�e up nne of Lender's r�ghts, �hat does no#
<br /> mean Trustnr will n�# have to comply with #he vther pra�isions of�his �eed af Trust. Trust�r also understands
<br /> that if Lender daes consent to a request, that does not mean that Trustor will not ha�e to ge# Lender's cansent
<br /> again if the situation happens again. Trustor further understands#ha#jus�because Lender cansents to one or more
<br /> o�Trustor's requests, that does nvt mean Lender will be required fa consent tv any�f Trustvr's fu#ure requests.
<br /> Trustor waives presentment,d��nand fa�payment, prvtest,and no#�ce ot dishanor.
<br /> Severabi�ity. If a court f nds that any pra�ision vf�his Deed o#Trust is not�aiid or should not be enforced, that
<br /> fact by itself will nof inean fihat the rest vf this�eecf of Trust wifl not be valid or enfar�ed. Ther�:fare,a cour�wi�l
<br /> enforae the rest of the pro�isinns of this C]eed of Trust e�en if a prv�ision o�this �eec�of Trust may be found tv be
<br /> inva�id vr�nen�orceable.
<br /> Successors and Assigns. Su�ject to any limitations stated in this Deed of Trust on transfer of Trustor's interest,
<br /> this Deed vf�"rust s�a�� be bi�c�ing upon a�td i�turs #v the bene�Fit a�#he p�rties, #heir successors and assigns. lf
<br /> ownership�f the Praperty becomes�ested in a persan othe�than Trustor, Lende�, without notice ta Trustor, may
<br /> de�l with T�ust�r's successars with reference to th�s Deed❑f Trust and the indebtedness by way of forbearance or
<br /> extension w�thout releasing Trustor�rom the obligativns o�this❑eed❑f Trust or liabili#y under the lndebtedness.
<br /> Tirrts is a#the Essence. rir�e�s af the essence in tne�erformance o�this Deed of Trus#.
<br /> Vllai�e Jury. All parties ta this aeed a�Trust hereby wai�e the right to any jury#rial in any action, praceed�ng, ar
<br /> caun#erc�aim brought by any par#y a�ains#any ather par#�,
<br /> Vllai�er �f Hvmesfead Exemption. Trustar hereby releases and wai�es ail rights and benefits af the hom�stead
<br /> ex�mptian laws of fhe�ta�e of Nebraska as to af I�ndeb#edness secured by th is Deed vf Trust.
<br /> DEFINITI�NS. The follawing words sha11 have#he fv��ov+ring meanings when used in this Deed of Trust:
<br /> Benefici�ry. The ward "Beneficiary"means First Na#ional Bank of C]maha,and its successors and assigns.
<br /> Ba�rower. The word "Borrower�" means Dar��el Pur�i� anc! Annette L P�rdy and inciudes all cn-signers and
<br /> co-makers signing the Credit Agreement and all their successo�s and assigns.
<br /> Credi� ►� reement. The wvrds "Credit �greement" mean the cred�t agreement da#ed �4ugust 'I 6, 2��6, YV�'��
<br /> credit ���1'1it �f $'I?5,��Q,�� from Trus#or to Lender, tagether with ali renewals ❑f, ext�nsions of,
<br /> modifieati�ns af, refinanCings Qf, consolidati�ns v�F, and s�bs�itutions for th� promiss�r� nate ar agreement. Th�
<br /> maturity date ❑f this D�ed af Trust is August 1 fi, 2�4�. N�TICE T� TRUSTDR: THE CREDIT AGREEMENT
<br /> Gt]NTAINS A VARIABLE INTEREST RATE.
<br /> aeed of Trust. The words "Deed vf Trust" mean this Deed of Trust amvng 7rustor, Lender, and Trustee, and
<br /> �ncfudes without l�mi�ation ail assignment and securit� interest provisions relating to the Personal Property and
<br /> Rents,
<br /> Envir�Q�mental Laws. The words "Environmenta� �aws" mean any and a�l state, federal and focal statutes,
<br /> regulations and ordinances relating tv the prvtectivn of human health or �he envi�onment, including without
<br /> limitation the Comprehensi�e En�ironmenta! Response, Compensation, and Liability Act of '�980, as amended, 42
<br /> U.S.G. 5ection 96a'I, et seq. �"CERCLA"}, the Superfund Amendments and Reauthorizatinn Act of 1986, Pub. L.
<br /> Nv.99-499 ("SARA"},the Hazardous Materials Transportation Act, 4� �.S.C. Sectivn 18�1, et seq.,th� Resource
<br /> Conser�ation and Recnvery��t, 42 U.S.C. Section 690�, et seq,, or other app�i�able state vr federal laws, rwles,
<br /> or�egulations adopted pursuant theretv.
<br /> E►►ent af De�ault. The wards"E�ent of De�aulf"mean any of t�e e�ents of default sef fvrth in t�is ❑eed of Trust in
<br />
|