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2� 1 ��5571
<br /> DEED �F TRUST
<br /> �Continued� Pa�e 7
<br /> ownership of the Property becomes �ested in a person othe�than Trustor, Lender, without notice to Trustor, may
<br /> deal with Trustor's successvrs with ref�rence t�this Deed of Trust and the I ndebtedness by way of fvrhearance vr
<br /> extension without releasing Trustor from the ob#igations of#his Deed of Trust or liabil�ty under the lndehtedness.
<br /> Time is of the Essence. Time is of the essence in the performance of this Deed of Trust.
<br /> Wai�e Jury. All parties to this Deed of Trust hereby wai►►e tha right to any jury trial in any actian, prviceeding. ❑r
<br /> �ountercl�im brought by any party against any other party.
<br /> VNai�er of Homestead Exemption. Trustor herehy releases and ►rvai�es ali rights and benefits ofi the homestead
<br /> exemption laws of the 5tate of Nebraska as to all lndebt�dness se�ured by this ❑eed�f Trust.
<br /> DEF1NlT1[]NS. The follawing capitalized wards and te�ms shall ha�e the fv�lowing meanings when used in this Deed fl#
<br /> Trust. Unless spe�ifically stated to the contrary, al# references to dvl�ar amounts shall mean amounts in lawful mvney
<br /> of ths [Jnfited 5tates of America. Wards and terms us�d in the singular shall include the plural, and the plural shall
<br /> inc�ude the singu�ar. as the context may require. Words and terms not otherwise defined in this Deed of Trust shall
<br /> ha�e�he meanings attributed to such terms in the LJniform Cvmmercial Code:
<br /> Baneficiary. The word "Beneficiary" means Exchange 6ank, and its successvrs and assigns.
<br /> Borrower. The word "Bor�ower" means HARTMANN HAY CD.� LLC and includes all �v-signers and co-makers
<br /> signing the Note and all their successars and assigns.
<br /> Deed of Trust. The words "Deed ❑f Trust" mean this Deed of Trust amvng Trustar, L�nder, and Trustee, and
<br /> includes withaut limitation all assignment and security interest prodisions relating to the Persanal Property and
<br /> Rents.
<br /> Default. The word "Defiault" means the Default s�t forth in this Deed of Trust in the sectivn titled "Default".
<br /> En�iranmenta! Laws. The wvrds "En�ironmental Laws" mean any and all state. fed�ra! and loca� statutes,
<br /> regulat+ons and ordinances relating to the protectian of human health or the en�ironment. inc�uding without
<br /> I�mitation th� Comprehensi�e En�ironmental Response, Compensation, and Liabi#ity Act of 198D, as amend�d, 4�
<br /> U.S.C. 5ection 96�1. et s�q. t"�ERCLA"y, the 5uperfiund Amendments and Reauthorization Act of �985, Puh. L.
<br /> No. 99-499��"SARA"�, the Hazardous Materia�s Transportation Act, 49 U.S.�. Section 1 g�1, et seq.. the Resource
<br /> Conse��ation and Reco��ry Ac�. 42 U.S.C. Section fi9�1, et seq.. or ather appl��abl� state or federal laws, rules,
<br /> �r regulations adopted pursuant theretv.
<br /> E�ent of Defau�t. The words "E�ent o�Default" mean any�f the e�ents of default se�forth in this Desd of Trus#in
<br /> the e�ents of defau�t section❑f this ❑eed�f Trust.
<br /> Existing Indehtedness. The words "Existing Indebtedness" mean the indebtedness describ�d in the Existing Li�ns
<br /> pro�ision of this D�ed of Trust.
<br /> GuSranty. The word "Guaranty" means the guaranty from guarantvr, endorser, surety, vr accommodation party to
<br /> Lender, including withvut limitation a guaranty❑�all vr part of the Note. � .
<br /> Haz�rdous Substan�es. The words "Hazardvus 5ubstan�es" mean materials that, because of their quantity,
<br /> cvncentration or physical� �hemical or infe�tivus characte�istics. may cause o� pose a present or pvtential hazard
<br /> tv human health or the en�ironmen� when improperly used. treated, stvred, disposed vf, generat�d. manufactured,
<br /> transported vr vtherwise handled. The words "Hazardous Substances" are used in their �ery broadest sense and
<br /> in�lude without limitativn any and ail hazardous or tvxic substances. materials or waste as defined by or iisted
<br /> under the En�ironmental Laws. The term "Hazardous Substances" alsv includes, without limitation, petroleum and
<br /> petraleum by-products or any fraction therevf and ashestos.
<br /> lmpro�ements. The word "Imprv�ements" means a!I exist�ng and future impro�ements, buildings, structures.
<br /> mobile homes af��xed on the Rea� Property, fa�ilities, add�tions. replacements and other cvnstruction on the Real
<br /> Praperty.
<br /> Indebtedness. The word "indebtedness" means all principal, interest. and other amounts, casts and expenses
<br /> payable under the Note ❑r R�lated Documen#s, tngether with all renewals of, �xtensions af, mvdifications of,
<br /> consolidatians of and suhstitutions for the Note or Related ❑vcuments and any amvunts expended vr ad�anGed by
<br /> Lender to discharge Trustor's obligations or expenses incurred by Truste� or Lender to enf��ce Trustor's
<br /> vbligations under this Deed�f Trust, together with interest�n such amounts as pro�ided in this Deed of Trust.
<br /> Lender. The word "Lender" m�ans Ex�hange Bank, its successvrs and assigns.
<br /> Note. The word "Note" means all past, present and future notes, loans or vther obligations of the borra►n►er.
<br /> NOTICE T�TRUSTOR: THE N�TE C�NTAINS A VARIAgLE INTEREST RATE.
<br /> Personai Prvperty. The words "Personal Praperty" mean all equipment, fixtures. and other articles of persvnal
<br /> property now or herea#ter owned by Trustor, and now vr her�a#ter attached or affixed to the I�eal Property;
<br /> tvgether with all accessions, parts, and additions tg, all replacements of, and a!I substitut'tvns for, any afi such
<br /> prop�rty; and tagether with all p�oceeds �including without limitation all insuranc� proceeds and refunds of
<br /> premiumsy from any sale ar other dispasition of ths Property. y ".��'�,�`���eT�dn�� ` -'P�����"�`����":""''r�"� """""�"""'�
<br /> '��;;��:��
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<br /> Property. Th�word "Property" m�ans collecti�eiy the Real Props�ty and the Persvnal�Property. �
<br /> � . t: • .
<br /> Real Prvperty. The wards "Real Prvperty" mean the real property, int�rests and rig��•���urth�e.r.���_ribed�n this
<br /> Deed of Trust.
<br /> Related Documents, The words "f�elated Do�uments" mean a�# pramissary notes. credit agre�ments loan
<br /> agreements. en�ironmental agreements, guaranti�s, security agreem�r�ts;�'�tn�� � � �-„�:�t���t► s curity
<br /> �F�'� :..t �,. r a z„�
<br /> deeds, collateral mortgages. and a�� other instruments, agreements a�n���ocum�n ��,r�e�ier now �r he after
<br /> � °.'.r: �ilr�&'.'#� ,
<br /> existing, exscuted in connsction with the Indebtedness. ; � - �- `��- �
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<br /> .fna R� `� ��..• L
<br /> ;�'. . . .. : ����.�1xi�..«F� r.rT
<br /> `.I'r,•'r�y y � aw�Mlfi+P;•v^1d.•rn:�'a�cv.sei'F'i-
<br /> Rents. The word "Rents" means all present and future rents, re�en�+�;�"�i�';��issues, roya�ties, profits, and
<br /> vther benefits deri►►ed ��om the Property.
<br /> Trustvr. The wvrd "Trustvr" means HARTMANN HAY CD., LLC.
<br /> TRUST�R A�KN�INLEDGES HAVING READ ALL THE RR�VISI�NS �F THIS DEE� �F TRUST, AND TRUST�R
<br /> AGREES TD ITS TERMS.
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