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2� 1 ��5�7�
<br /> DEED �F TRUST
<br /> Loan N�; 7��297 7 8� {Continued} Page �
<br /> �eed vf Trust has been ac�epted�y Lender in the State of�ebraska.
<br /> Time�s of the Essence. Time is o#�he ess�n�e in�he per�orman�e o�this ❑eed❑'�Trust.
<br /> Waiver of Homestead Exemption. Trus�vr hereby releases and wai��s ali rights and �enefits of the hamestead
<br /> exemption laws❑��he S�ate of Nebraska as to all Indebtedness secured by�his I]eed�f T�ust.
<br /> E3EFINIT��NS. The�oiivwing wvrds shaIi ha�e the fallowing meanings when used in this Deed o�Trus�:
<br /> Beneficiary. Th�wo�d "Bene�iciary" means F��e Pvints Bank, and its successors and assigns.
<br /> Borrower. The word "Borrower" means FRANK EF�lC L�FGREEN and inciudes ail ca-signe�s and �o-makers s�gning
<br /> the Credit Agreement and all their succ�ssors and assigns.
<br /> Credit Agreement. The words "Credit Agreemen�t" mean �he credEt agreement dated August 25, 2��6, 1NIth
<br /> credit limit vf $3�,��D.�❑�ram Trus�or ta Lender.�oge�her with aIi renewals of, e�€tensions of, modi�i�atinns
<br /> ❑�, refinancings ofi, consolida�ians❑t, and subs�itutions fvr the promissory nvte❑r agreement.
<br /> Deed af Trust. The wards "�eed vf Trust" mean this Deed v� Trus� amang Trustor, Lender, and Trustee, and
<br /> includes withvut �imEtation ail assignmen� and se�urity in�erest pr��isions reEa�ing �o �he Pe�sona[ Property and
<br /> Rents.
<br /> Enr►ironmental Laws. The ►rvflrds "En�ironmen�al Laws" mean any and a11 state, -�ede�al and �ocal statufies,
<br /> regulations and ardinances reiat�ng ta the protectivn o-� human heal�h ❑r the en�ironment. in��uding wi�hou�
<br /> limitation �the Cvmpr�hensiWe En�ironm�n�al ftespvnse, Compensation, and Liabiii�y Act af 'f 98�, as amended, 42
<br /> U.S.C. Sec�ivn 9���, et seq. {«GERCLA"y, the �uper�und Amendmen�s and Reauthorizativn Act o� �98�, Pu�. L.
<br /> No. 99-499 t"SARA"�.the Hazard�us MateriaEs Transpvr�ation Act, �-9 U.S.�. 5ection '[8��, et seq.,the Resaurce
<br /> Canse�-�ation and Re�v�ery A�t, 4� U.S.C. Sec�ivn 69�'[, et seq., or❑�her app�icable state vr�ederal laws, rules,
<br /> ❑r regulations adopted pursuan��heretv.
<br /> E�ent of Defau�t. The words "Event o�I]e�au��" mean any�f the e�enfs o�de�auf�set farth in this Deed af Trus�in
<br /> the e�ents o�defaui�section❑�F this ❑eed of Trus�,
<br /> Ex�sting Indehtedness. The v►r�rds "Existing lnde�tedness" mean the indeb�edness described �n �he Exis�ing Liens
<br /> prv�ision a��his Deed af Trust.
<br /> Improvements. The word "Impro�emen�s" means a31 existing �antl�fu�ure�'impraiieme�n�s. buildings, s�ru�tures,
<br /> mobiie hvmes a��ixed nn �he Reai Pr�perty, �acilities, additions, replacements and v�her �onstruc�ion ❑n the Reai
<br /> Property. � , .
<br /> �ndeht�dness. The wvrd "lndebtedness" means aii�principa�, �in�ere'st; arid�vther amvunts, cos�s and expenses
<br /> payab�e under th� Credit Agreem�nt vr Rela�ed Dvcumen�s, toge�her wi�h aii renewals a�, extensions of,
<br /> modifica�tions of, consv�idati�ns o� and substi�u�ians �ar �he Credit Agreemen� ❑r f�eEated Dflcumen�s and any
<br /> amvunts expended or ad�anced by Lender to discharge Trusfior's ❑bliga�ivns ar expenses incurred by Trustee vr
<br /> �ender to enforce Trustor's ab4igations und�r �hss IIead of Trus�, �fl�ethe� with 't�terest vn such amoun�s as
<br /> proWided in th�s ❑eed of Trus�.
<br /> Lender. The word "Lender" means Fi�e Pvints Bank, its 5LlCC@S5QC5 and assigns. The words "successors ❑r
<br /> assigns" mean any p�rson❑r company�hat acquires any interest in�he Credit Agreem�nt.
<br /> Persvna! Prvperty. The ►rvords "Persana� Proper�y" mean al! equipment, ���€tures, and other ar�icEes o� persvna�
<br /> prvperty now ar hereafter awned by Trustor. and n�w or hereafter attached or afFi�ed �a the Reaf Prvperty;
<br /> tv�e�her wEth all access�ons, parts. and addEtEons to, a1[ replacemen�s of, and a�� su�s#itutivns �or, any ❑fi such
<br /> pr�perty; and tog�ther wfth a�l proceeds {includtng withvu� limitation al] insurance proceeds and re�unds o�
<br /> premiums} from any sale ar other disposit�vn o��he Prvperty.
<br /> Property. The►nrvrd "Property" means cail�cti�eiy�he Real Property and the Pers�nai P�operty.
<br /> Real Property. The wvrds "Real Property" msan the real property, int�res�s and rights, as further descr�bed �n�his
<br /> Deed af Trust.
<br /> Related �ocumen#s, The wvrds "Rela�ed ❑ocumer�ts" mean a1[ prvmissary no�e�, cr�dit agr�emen�s, Ioan
<br /> agreements, �nviranmenta� agreements, guarant�es, se�urity agreements, mortgages, deeds o� t�ust, security
<br /> deeds, caliateral mortgages, and aii flther instruments, agreemen�s and dvcuments, whether nvw or hereafter
<br /> existing, execu�ed in cannec�ivn wifih the indebtedness.
<br /> Rents. The word "Rents" means aEl present and �uture rents, re�enues, incvme, issues, rvya{ties, pC��f�S, and
<br /> ❑ther benefits deri�ed-�rom the Proper�y.
<br /> Trus#ee. The wvrd "Trustee" means Fi�e Paints Bank, whose address is P.� Box �5D7, Grand island, NE
<br /> 688�2-'f 5�7 and any substitute❑r successor trustees.
<br /> Trus#ar. 7'he wvrd "T�ustvr" means FRANK ERiC LOFGREEN.
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