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2� 1 ��75�8
<br /> [�EE� �� T��J�T
<br /> Lv�n Nv: 'I U�3��'i 88 �������u�d� Page �
<br /> shall vperate as a �rvaiver af such right�r any other right. A wai�er by Lender a� a provisivn Q�this Deed of Trust
<br /> sha�l na� prejudice ar canstitute a wai�er o� Lender`s righfi otherwi�e �o demand s�r�ct camplEan�e with that
<br /> prv��sic�n or any ather prvvisian af fihis ❑eed vf Trust. CVo prior waE�er by Lender, nar any cvurse ❑� dealing
<br /> be�ween Lender and Trustor, sha�! c�nsti#ut� a wai�er of any vf Lender's rights ar a� any �f Trustor`s ab[igations
<br /> as to any future transactions. Whene�er th� �ansent a� Lender is required ur�der this Deed ❑�Trus�, the granting
<br /> v� such �onsent by Lender in any ins�ance shal[ n�t ��nstitu�e cantinuing conse�t to suhsequent �ns�ances where
<br /> such c�nsent�s required and in all cases such Gansent may be granted ar�vithheld in�he sole discretion af Lender,
<br /> Severabili#y. �f a cvurt v# competent jurisdi�tian finds any pra�isian af�his Deed a�Trust ta be if�egal, inva�id, ❑r
<br /> unen�orceable as fio any circumstance, that finding shali nvt make the of�e�ding prv�rision 'rilegal, in�alid, or
<br /> unenfarceable as �o any other �ircumstance. If �easible, the vf�ending pro�isivn shalf be cv�nsidered modified sv
<br /> th�t it beeomes �ega�, valid and enfarceab[e. If the affending pr��ision cannnfi be sg modifiedf i� shalf be
<br /> considered deleted firom this Deed ❑f Trust. Unless atherwise required by faw, the illegality, in�alidity, vr
<br /> unenforceability of any pra�isivn af�his Deed ❑f Trust sha�� not affect �he iegality, ualidity or en�orceabiC�ty vf any
<br /> o�h�r pro�isian ofi�his Deed af Trust.
<br /> 5uccessvrs and Assigns. Subject to any limitativns stated in �his Deed �f Trust an trans�Fer of Trust�r`s interest�
<br /> this Deed o� Trust sha�l �e binding upan and inure ta th� f�enefit ❑� �he par�ies, thei�r successars and assign�. I#
<br /> ownership of�he Property be�ames ves��d in a persor� vther than Trust�r, Lender, uvithvut notice ta Trustar, may
<br /> dea� with Trustar's �uccessvrs with re�erence to this Deed o#�Trust and the lndebtedn�ss by way of fo�bearance vr
<br /> extension withaut releasing Trus�or frvm�he ob�igatians of th�s Deed af Trus�or liabilit� unde�-the Cndebtednes�:
<br /> T�me is vf the Essence. Time is v�the essence in the performanc�vf�his Deed ❑fi Trust.
<br /> 'Waiver af Wnmestead Exemp��on. Trustor l��reby releas�s and waiWes a1l righ�s and benefits o� �he hamestead
<br /> exemp��an faws of the 5ta�e o�Nebrask� as ta alI Indebt�dness�ec�reol by this ❑eed of Trus�,
<br /> DEFINITI�NS. The tvllowing �apitali�ed words an� terms shall haWe the �allowing meanings when used in this Deed ❑�F
<br /> Trust. Unless speci��calfy s�a#ed �o the cvntrary, a!1 referen�es �o dallar amvunts shalf inean amvunt� �n la►nr�Ful money
<br /> af �he lJn�ted States of America. Vtlo�ds and �erms used �n 'the singular shall inG�ude �I�e pluraf, and �he plural shall
<br /> include the singu[a�-, as the cvn�ext may requ�re. IN�rds and �erms nat ��h�rwise de�tined in �his fleed of Trus� �hall
<br /> ha�e the meanings attribu��d�❑such terms in�he Unitorm �flmmerc�al Code:
<br /> Beneficiary. The word "Bene�iciary" means Fi�� Poin�s Bank, and ifis su�cessars and assigns.
<br /> Borrower. The ward "Borrawer" means T & S LAN❑ DEVEL�PMENT LLC and includes al! ca-signers and
<br /> ��-makers signing�he Nate and a�l�he�r suc�essars and assigns,
<br /> ❑eed of Trust. The wards "Deed v� Trust" mean this C7eed of Trust among Trustor, Lender, and Trus�ee, and
<br /> includes wi�hout �imitativn a!1 assignm�nt and securi�y interest pr��isior�s rel��ing t❑ the Per�anal Property and
<br /> Rents.
<br /> D��ault. The wvrd "Defaul�" means the De�ault set farfih in this Deed❑f Trust En�he secti�n titled "Detaul�".
<br /> Enr�irvnmen�a[ Laws. The words "En�ir�nrr�en�a! Laws'" �nean any and al[ sta��, federa� and loca� sta�utes,
<br /> regulativns and ordinances r�lating ta �he prate��ion of human health or the en�iranm���t, inc�uding v►rithout
<br /> iimitation the Cvmprehensr�e En�ironmentai R�sponse, Campensati�n, and Liah�lity Act of 1980f as arr�ended, 4�
<br /> U.S��. Section 96��, e� seq. �"CERCLA"�, t�e 5uper�u�d Amendments ar�d �eau�h�rizatian Act of �98�, Pub. L.
<br /> Nv. 99-499 �"SARA"�, �he Hazardaus Materials Transpor�ation Ac�, 49 U,S.C. Sec�ian �8��, et seq.� the Resource
<br /> Conser�ativn and Reco�ery Act, 4� �.5.�. 5ectian �941, et seq., �r other app[icab[e s�ate ar �edera! laws, rules,
<br /> ❑r regu�atians adopted pursuant thereta.
<br /> E�ent of Default. The wvrds "'Event ofi De�aul�" mean any v�the ��ents of de�Faulfi set�vr�h in fihis Deed of Trus�in
<br /> the e�ents of defau�t sect�on a�this Deed o�Trust,
<br /> Guaran�y. The snrord "�uaranty" means the c�uaranty fram guarantor� endorser, sure�y, �r accammoda�ivn party to
<br /> Lender, including withaut€imitation a guaranty of all vr part❑f the fV�t�.
<br /> Hazardous 5u�stances. Th� words "HazardQus 5u�s�ances" m��n materials �hat, �eca�rse af their quan�ity,
<br /> concentration �r physi�al, chemi�al ar infectiaus charaGteristics� may cause or pose a presen't ❑r pot�nt�al hazard
<br /> ta human health or the en�irvnm�nt when irr�praper[y used, treated, st�red, dispos�d ❑�, g�n�ra�ted, manufactured,
<br /> tran�parted or atherwiss handled. The vvo�-ds "Ha�ard�us Substances" are used in th�ir �ery braadest sense and
<br /> include without �imitation any and a�1 hazardous ar toxic substances, rr�a�eria�s or was�e as de#�ned by or listed
<br /> under the En�iranmental Laws. The term "H�zard�us Substances" also includes, withau�limita�ivn, petrol�um and
<br /> petraleum by-pradu�ts❑r any�rac�ion thereai�and asbestas,
<br /> fmprvWements. The ward "fmprvvements" means al! existing and �Futu�e imprv�em�nts, bui[dings, structures,
<br /> mo�ife h�mes af�ixed an �he Rea� Proper�y, fac�lities, additi�ns, rep�acements and other constructian vn �he Real
<br /> Property.
<br /> indekr�edness. The word "lndeb�edness" means all prin�ipa[, interest, and ather amaunts, costs and expenses
<br /> payable under �he Note or R�la�ed ❑vcuments, toge�her �rith a!I renewals v�, extensians o�, madi�ricativns ❑#,
<br /> cansolidations vf and subs�i�utions f�r th� Nate vr Related ❑ocumen�s and any amvunts exp�nded o� ad�anced by
<br /> Lender �o discharge Trus�vr's �bliga�ians vr expenses in�urred by Trustee ❑� Lender �� enforce Trustor's
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