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2� 1 ��593�
<br /> DEED �F TRUST
<br /> ��or�ti�ued} Page 8
<br /> amendment.
<br /> Caption Headings. Caption headings in �his Deed of Trust ar� �or convenience purpases anly and are nat to be
<br /> used tn�n�erpret or define�he pra��sions o�this Deed of Trus�.
<br /> Me�ger, There shafl be no merger af the in�erest ar estate created �y fhis ❑eed of Trust w�th any other interest ar
<br /> estate in the Proper�y at any time held by or for the bene�it o��ender in any capacity, wi#hout�he written consen�
<br /> of Lender,
<br /> �o��rning Law. This f3e�d of Trust wi�l be gv�erned by federai faw applicable to Lender and, to the extent nv�
<br /> pre�mpted by federaf law,the laws af the State a�Nebraska wi�hou�regard ta ifs�on�l�cts v�law provisions. This
<br /> D�ed vf Trust has been accepted by Lender in�he State o�Nebraska.
<br /> Jaint and Several Liability. Al� obligations of Trus�ar under this Deed of Trust shal� he joint and se�era�, and all
<br /> refer�n�es to Trustor shal! mean each and every Trustor. This means that each T�usto� signing befow is
<br /> responsib�e for afl obliga�ions in this Deed of Trust.
<br /> No Wa��er by LQnder. Trustar understands Lender wif� no�gi�e up any of Lender's righ�s under this Deed a�Trust
<br /> unless Lender does so �n writing. The fact that Lender delays or om��s to exerc�se any right will na� mean that
<br /> Lender has given up that right. If Lender daes agree in writing to give up vne ❑f Lend��'s rights, �hat d�es no�
<br /> mean Trustor will not ha�e ta comply w��h th� other provisions of this Deed af Trus�. Trustor a�so understands
<br /> that if�ender does cansent�o a request, that dves na� m�an tha� Trustor w�11 nof ha�e to get Lender's consen�
<br /> again i�the si��ation happens again. Trustor further unders�ands�hat just because L�nder cons�nts�o ane or more
<br /> af Trustor's requests, that does not mean Lender will be required to �onsent to any of Trustor's future requests.
<br /> Trustar vuai�es presentment, demand far payment, protes�, and not�ce of dishonor.
<br /> Severability. If a cour�finds tha� any pro�ision a�this Deed �f Trust is no��a�id or should not be enforced, tha�
<br /> fact by itself will not mean that the rest o�this Deed of Trus�will not be valid or enforced. Therefare, a courk will
<br /> enforce the res�of�he provisions of this ❑eed o�Trust even if a provis�on of th�s Deed o�Trust may be found to h�
<br /> invalid or unenforceable.
<br /> 5uccessors and Assigns. Sub�ect�o any �imita��ons sta�ed in this Deed of Trust on transfer o'�Trus�or's interest,
<br /> this ❑eed of Trust shalf be b�nding upon and inure �o �he benefit o�the parti�s, �heir successars and ass�gns. I�
<br /> ownership of the Property becomes vested in a person �ther than TrustQr, Lender, wi#haut notice�o Trustvr, may
<br /> deal with Trustar's su�cessars w�th reference ta this Deed of Trust and the Indebtedness by way of f�rbearance�r
<br /> ex�ension without releasing Trustor from the ob�igat�ons af this Deed of Trus�or liability under the Indebtedness.
<br /> Time is o�the Essence. Time is of the essence in the perFormance of this Deed of Trus�.
<br /> 1Nai�er of Hamestead Exemption. Trustar hereby releases and wai�es al� rights and bene�its af the homestead
<br /> exemp�ion iaws of the State of Nebraska as to all lndeb�edness se�ured by this[�eed�f Trus�.
<br /> DEFINITI�NS. The following words shall have the fo[lowing mean�ngs wh�n used in this De�d o�Trust:
<br /> Benef�c�ary. The word"Beneficiary"means BANK�F THE VIIEST, and its successors and assigns.
<br /> Borrower. The word "gorrawer" means BARBARA A BECK and DAVl� H BECK and in�ludes all �o-signers and
<br /> c�Wmakers signing the Credit Agreement and all�heir successors and assigns.
<br /> Credit A�reement. The words "Credit Agreemen�" mean the �redi� agreement dated 5eptember 2, 2a'�6, with
<br /> cr�di� I�m�t of$34,�DD,��from Trus�or ta Lender,together with all renewals of, ex�ens�ons o�, m�difications
<br /> ��, refinancings of, cansolidations of, and substitut�ans for the p�omissory nofe or agreement. Th�ma�urity date of
<br /> this Deed of Trus� is September 8, ��4'I. N�TICE TD TRUSTQR: THE �RED�T AGREE�ENT C�NTAINS A
<br /> VARIASLE[NTEREST RATE.
<br /> D�ed of Trust, The wa�ds "Deed of Trust" mean this Deed of Trus� am�ng Trustor, Lender, and Trustee, and
<br /> includes withaut [imita��on al� assignment and securi�y interest provisions relating to the Persanal Property and
<br /> Rents.
<br /> En�ironmenta[ Laws. The v+rords "En�ironmental Laws" mean any and al1 state, �ed�ral and local sta�utes,
<br /> regula�ians and ordinances relating �o the protectian ❑f human hea[th or the environment, including without
<br /> limitation the �omprehensi�e Envir�nmental Response, Compensa�ion, and Liability Act a'� 198C], as amended, 4�
<br /> U.S.C. Section 96U1, et seq. �"CERCLA"}, the Superfund Amendments and Reauthorization A�fi of '{98�, Pub. L.
<br /> No. 99-�499�"SARA"},�he Hazardous Ma�erials Transpor�ation Act,49 LJ.S.�. S��t�on 'i 8D'I, et seq.,the Resource
<br /> Conservation and Reca�ery Act, �4� U.S.C. Se���on C9�1, et seq., or a�her applicable state or federa! laws, ru�es,
<br /> or�egu�atians adopted pu�suant thereto.
<br /> E�ent of❑efault. The words"E�ent of Default"mean any o�the events of defau[t set forth in this Deed of Trust in
<br /> �he events of de�ault sect�an❑f this Deed af Trust.
<br /> Existing Indebtedness. The words "Exis#ing lndeb�edness" mean the indebtedness described in the Existing Liens
<br /> p�o�isian of this Deed of T�ust.
<br /> Hazardaus Substances. The words "Hazardaus SuEas�ances" mean materials that, because of their �uant�ty,
<br /> concent�ation or physical, chemical or infe�t�ous characteristics, may cause or pose a present or po�enttal hazard
<br /> to human heaith or the en�ironment when imp�operfy used, treated, s�ored, disposed of, generated, manufactured,
<br />
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