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<br /> � 2� 1 ��79�4
<br /> aEED �F TRUST
<br /> t��ntstlUed� Page T
<br /> Vllaiver af Hamestead Exempt�on. Trustor hereby releases and uvaives a!I �-�ghts and t�enefits of the homestgad
<br /> exemptian laws nf the 5tate of Nebraska as to a�!Indebtedness secu�ed by this Qe�d�f Trust.
<br /> �EFfNIT�aNS. The fi�liow�ng words shall ha�e the f�!lvwing meanings when used sn�hss Deed o�Tru�t:
<br /> Benef3c�ary. The word"Beneficiary"mean�First National Bank of�maha,and its sc�cc��sors.and assigns.
<br /> Borrvwe�. The wo�d "Borrower"' means Gary E. Valasek and 11Aary G. Valasek and inc�udes al� ca-signers and
<br /> co-makers signing the Nate and a�i their successors and ass+gns.
<br /> Deed af Trus't. The words "Deed oi Trust" mean this Deed ot Trust amang Trustor, Lender, and Trustee, and
<br /> inc�udes without iimitation all assignment an� security interest provisivns s�elating tv the R�rsonal Property and
<br /> Rents.
<br /> Enr►ironmsntai Laws. The words "Environmentaf Laws" m�an any an� al� state, �edera� and iocal statu#es,
<br /> regulation$ and ardinances r�lating to the prate�t�on o� h�ma�n health or the env�ronment, inciuding withau#
<br /> IimftatiQn the Corr�p�eh�nsive Envi�onmenta� Response, Compensation, and Liabili#y Act vf �9$Q, as amgnded,��
<br /> U.S.�. Sectivn 9G�1, et s�q. �"CER�LA"y, the Superfund Amendments and Reau�harization Act af 198fi, Pub. L.
<br /> Nv.�9-499 �"SARA"), #he Hazardous�IAaterials Transpo�tation Act,49 U.S.G.Section "�801, et�eq.,th�Resource
<br /> Canservat�on and Recovery Act, 4Z U.S.C. Sectian 6901, et s�q., or othe�applicable state or federa� 1aws, rute5,
<br /> or regulatians ada�ted pursuant thereto.
<br /> ��ent af Defau�t. The words"Event of Default"mean any of the events of�default$et f�rth in this Deed of Trust in
<br /> the events af default s�c#ior�vf this Deed v#Trust. � � � � � � �
<br /> ��xisting lndebtedness. The wvrds "Existing Indebtedness" mean the indebtedness described in the Exisfing Liens
<br /> �r�vfsian a�this Dged a�Trust. .
<br /> Guaranty. The ward "Guar�nty"means ths guaranty��om �uarantar, �ndorser,„surety, or���vmmodation party#o
<br /> Lender,inc�uding withcaut�sm�tativn a guaranty of�i1 vr part of the Note.
<br /> Hazardous Su�stan�es, The wvrds "�Hazardaus Substances" mean materials that, because vf their quantity,
<br /> concsntration or physical, chem�c2�l ar infsc�ious charac#eristics, may cause or p�se a present or potentia! hazard
<br /> to human hea�t'h or the en�irvnment when improperly used, treated, stored,dispased of, generated, ma�u#a�tured,
<br /> ttansported vr otherw�se handled. The words "Hazardous Su�sta��es"are us�� in thei�-ves-y b�oadest sense and
<br /> include without lim�tation any and ali hazardous or tox�c sr��stances, materials ❑r waste a$ defined by or �isted
<br /> under ths Environmenta� Laws. The term "Ha�ardous Substan��s"also inc�udes,without limitativn, pstro�eum and
<br /> p�tro��um+�y-prvducts❑r any ira�t�on thereof and asbestos.
<br /> lm�prov�ments. The word "Imprvvements" means all existing and iuture improvemen#s, buildings, structures,
<br /> mobile homes a'�ix�d on the Rea� Prvperty, faciiities, additians, replacements and �ther cQnstructian on the Real
<br /> Proper�y.
<br /> �ndebtedness. Th� wnrd "lndeb�edness" means all principal, interest, and other amvunts, costs and expenses
<br /> payab�e under the Note or Related Dvcuments, #�gether with a!l rer�ewa�s o#, extensions o�, mod��icatians af,
<br /> consal�datians of and su�stitutians f�r the N�te o� 4�ela#ed Documents and any amounts expended vr advanced by
<br /> �endec to discha��e T�ustor's nt�ligat�ans ar expens�s in�urred by Trustee or Lender #o enfo�ce Trustor's
<br /> ❑�ligatians under this C3eed of Trust,together with interest on such amounts as provided in this Deed of Trust.
<br /> Lende�. The word "Lender" means First h�at�onai Bank af amaha, its successors and assigns. The words
<br /> "suc�essors or assigns"mean any�erson or company tha#acquires any interest in the Note.
<br /> N�t�. The word "Nate" means the prom�ssory note da#ed hlovember 22, 2��6, In the origina� principa�
<br /> a mou nt of $2�5,U�d.U d �r�m Tru�tar�o Lender, together w�th ali renewals of, extensi�ns af, modifcat�ons
<br /> afi, ref nancings of, vonsalidation�af, and substitutions far the promissory nvte or agreem�nt. The matu�sty date a�
<br /> th+s Deed af Trus�is May�8,�Q 17.
<br /> Personal Property. Th� wc�rds "Psrsonal Prnperty" mean a!l equipment, �ixture�, and nther artycle� of personaf
<br /> �raperty now ar herea�te� owned by Trus�+v�, and novu or hereafter �ttachQd or a�fixed to the Rea1 Pr�perty;
<br /> tog�the� with a�s a�csss��ns, parts, and additions to, a�l repla�ements of, and a�l substitutic�ns for, any at such
<br /> property; and together with al� proceeds �in�luding without limita�ian a!i insurance proceeds and re�unds �f
<br /> premiums)from any sale or other d�sposition af#he Property.
<br /> Property. �'he word"Prvper�y"means caile�tively the Real Prvperty and ihe Personal Property.
<br /> Reas Praper�ty. "�he words"Real Property"mean the real property, interests and rights, as fu�ther descri�ed in this
<br /> Deed afi Trust.
<br /> Reiat�d �ocumen#s. The wards "Related Documents" mean all promissory notes, cred+t agresments, loan
<br /> agreemen�s, environmental agreements, gua�anties, security agreement$, mortgages, deeds of trust, seGu�;ty
<br /> deeds, collaterai martgages, and all other instrum�nts, ag�eements an� dacum�nts, whether now or hereafter
<br /> existing,executed in�annectian w�th the sndebtedness.
<br /> Ren#s. The word "Rents" means al! present and futu�e rents, �evenu�s, ir�come, issues, raya��ies, prvfits, and
<br /> oth���enefits de��ve����m the Praperty.
<br /> Tcustee. The wo�d "Trustee" means Fi�st Nativnal Bank at �maha, whase address is 1620 €3odge St�reet Stop
<br /> �vde 320�,�maha, NE 681 S7 and any substitute or successor trustees.
<br /> Trus#o�r. The ward"Trustor"means Gary E. Ifalasek and Mary G.Valasek.
<br /> EACH TRIJST�R AGKNaWLERGES HAV�NG REAB ALL THE PR�V�S��NS OF TH�S DEED t�F TRUST, AND EACH
<br /> TRUSTa�i AGREES T��75 TE�N45.
<br /> TR�ST�R:
<br /> -�
<br /> �
<br /> •�
<br /> x
<br /> Gary E. I�ala
<br /> L�
<br /> x
<br /> Mary .Valas�
<br />
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