|
2� 1 ��5542
<br /> L7EED �F TRLJST
<br /> ��ontinued� Page 7
<br /> ownership af the Prvperty hecames ��sted in a persvn other than Trustar, Lender, without n�tice tv Trustor, may
<br /> deal with Trustor's successors with reference t❑this Deed af Trust and the I ndebtedness by way of farbearance or
<br /> extension without reEeasing Trustvr frvm the vbligations of thts ❑eed of Trus#❑r�iability under the Indehtedness.
<br /> Time is af#he Essence. Time Es af the essen�e in th� perforrnance o#this Deed of Trust.
<br /> 1Nai�e Jury, All parties to this Deed of Trust hereby wai�e the right to any jury trial in any �ctian. procesding. or
<br /> caunterc�eim braught by any party ag�inst any vther party.
<br /> Vllaiver o# Homesteed Exemption. Trustor hereby releases and wai�es a!I rights and benefits of the hamestead
<br /> exemption laws vf the 5tate of Nebraska as to a�t Indebtedness s�cured by this Deed of Trust.
<br /> DEFIN1TIDiVS. The foll�wing capitaliz�d words and terms shall have the fv�lvwing meanings when used in this Deed af
<br /> Trust. lJnless spe�ifically stated to the cantrary, all references to do4�ar amaunts shall mean arnaunts in lawful money
<br /> of the Un�ted 5tates ❑f America. Wards and terms used in the singular shall inc��de the ��ural, and the plura� shall
<br /> in�lude the singular� as the context may requir�. Wards and terms not otherwise defined in this ❑eed ❑�Trust sha��
<br /> ha�e the meanings attributed tv such terms in the Unifvrrn Commer�ial Code:
<br /> Benefi�iary. The word "Qeneficiary" means Exchange Bank, and its successors and assigns.
<br /> Barrower. Ths word "Barrower" means HARTMAIVI� HAY CD., LLC and inctudes all �o-signers and co-makers
<br /> signing the Note and all the�t successors and assigns.
<br /> Deed vf Trus#. The words "Deed vf Trust" mean this Deed vf Trust amvng Trustor, Lender, and Trustee, and
<br /> includes without limitativn a!I assignment and securit� interest pro�isions relating t❑ ihe Persanal Property and
<br /> Rents.
<br /> �........-.._...w.�.�,......�.....,.�.. .....a..rw..,..,.�y„o,
<br /> �efault. The word "Default" �'neans the❑efault set forth in this Deed of Trust��ri`the��se�t��r��t`rtFed��lt��
<br /> �:_ .`s'�� i�: � � .
<br /> En�ironmantal Laws. The words "En�irunmental Laws" mean any and�;a��;,��t�,, #�d�a.l;:and;.:,�a,�l-�4t s,
<br /> regulations and ❑rdinances relatEng to the protection o� human health or-thE~~�n►rirQr°rrrren�,--�+vding withdut
<br /> limitatian the Comprehens��e En�ironrnental Response, Cvmpensation, and Liability Act of 198fl, as amended, 42
<br /> lJ.S.C. 5eetion 5fi�"I, et seq. �"CEFiCLA"y, rhe Superfund Arnendments and Reauthorization Act❑f 198fi, Puh. L.
<br /> No. 99-499 t"SARA"y,th�Hazardvus Mat�rials Transpvrtation Act,�9 U.S.C. Section 1801,e�seq.,the Resource
<br /> Conser�ation and Reco�ery Act, 42 11.S.C. Sect�vn �9D1, et seq., or other applicable state or federa! laws, rules,
<br /> ar regulations ad�pted pursuant thereto.
<br /> E�ent af Default. The wvrds"E�ent af Default" rnean any of the e►►ents o�default s�t farth in this Deed❑f Trust in
<br /> the��ents vf de#ault section of this Deed af Trust.
<br /> Existing indebtedness. The words "Existing lndebtsdness" mean the indebtedness descri�ed in the Existing Liens
<br /> pro�isian��this Deed vf Trust.
<br /> Guaranty. The word "Guaranty" me�ns the guaranty firom gu�rantvr,endorser, surety, or ac�ommadation party tv
<br /> Lender, including without��rr�itatian a guaranty af a�l vr part of the Note.
<br /> Hazardaus Subst�nces. The words "Hazardvus Substances" mean materials that, bscause of their quantity,
<br /> concentration or physical, chemica� or infectious character�stics, may cause vr pose a present ar patential hazard
<br /> to human health or the en►►irvnment when improperly used, �reated, stored, dispos�d af, generated, manufactured,
<br /> transpvrted vr otherwise handled. The wards "Hazard�us 5ubstances" are used in their�ery broadest sense and
<br /> include without limitatian any and al� ha�ardous or toxic substances, mater�als ar waste as detined by or listed
<br /> under the En�irvnmentaf Laws. The term "Hazardous Substances" a�sv includes, w+thout�irnitatian, petroieum and
<br /> petroleum by-products or any fraction therev�and ashestos.
<br /> Imprnvenrents. The word "Impro�ements" means all existing and future impro�ements. buildings. structures,
<br /> mobile hvmes a#fixed ❑n the Real Prvperty, faci�ities, additions, rep�acements and other canstruction on the Real
<br /> Property.
<br /> Indebtedness. The word "Indebt�dness" means ail principal, interest, and other amvunts, cvsts and expenses
<br /> payable under the Note or Related Documents, tag�ther with aRl renewals of, extensivns a�, mvdif+cations of,
<br /> consolidations of and substitutians far the Note or Related Do�uments and any amounts expended or ad�anc�d by
<br /> Lender to discharge Trustar's ob�igations or expenses incurred by Trustee or Lender to enforce Trustor's
<br /> obligativns under this []eed of T�ust,tagether w+th interest on such amvunts as pro�ided in this Deed��Trust.
<br /> Lsnder. The word "Lgnder" means Exchange Bank. its successors and assigns.
<br /> IVote. The word "Note" means all past, present and future notes, laans or oth�r abligatians of the bvrrower.
<br /> NQTICE T�TRUSTQR: THE NDTE CQNTAINS A VARIA6LE INTEREST RATE.
<br /> Pe�rsvnal Property, The words "Personal Property" mean all equipment, fixtures, and other articles of personal
<br /> property no►n► ❑r hereafter �wned hy Trustar, and now or hereafter attached vr affixed to the Real Property;
<br /> together r►vith a�� accessivns, parts, and additions tv. all replacements of, and all substitut�ans far, any of such
<br /> property; and together with all prviceeds t�ncluding with�ut limitation all insurance proceeds and refunds of
<br /> prerniumsf from any sale vr other dispasition vf the Property.
<br /> Property. The word "Prvperty" means callecti�ely the Real Praperty and the Personal Property.
<br /> Rea�Prvpsr#y. �he words "Real Property" mean�he real prnpert�, interes#s and r�ghts, as�urther described in this
<br /> Deed a#Trust.
<br /> Aelated Do�uments. The wofds "Related ❑vcuments" rnean all p�omiss�ry notes, credit agreements, loan
<br /> agre�rnents, en�ironmental agreements, guaranties, 5ecurity agreemen�s, martgages, deeds vi trust, security
<br /> deeds, collateral mortgages, and all oth�r instruments, agreements and documents, whether now or hereafter
<br /> existing, executed in conn�ctian with the tndebtedness.
<br /> Rents. The word "R�nts" means a!! present and future rents, re�enues, income, 155LI�5, royalties, pr�fits, and
<br /> ather benefits der��ed from the Property.
<br /> Trustvr. The word "Trustor" means K�RK L HARTMANN and CYNTHIA A HARTMANN.
<br /> EACH TRUSTDR ACKNOWLEOGES HAVING READ ALL THE RR�V151�N5 �F THIS DEED ❑F TRUST. AND EACH
<br /> TRUST�R AGREES Tfl ITS TERMS.
<br /> TRLlSTDR;
<br /> �
<br /> x
<br /> KIRK L HAF�TMAN�11
<br /> �
<br /> x E
<br /> CYNTHI A HAR NN
<br />
|