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2� 1 ��8283
<br /> DEED �F TRUST
<br /> Laan Nv: 'I�'I 3D�467 �Contlnu�d� Page 5
<br /> �eed af Trust has been accepted by Lender in the State❑f Nebraska.
<br /> Time is af the Essence. Time is nf th� essen�e in the performance of this Deed �f Trust.
<br /> Wai�er vf Hvmestead Exemptivn. Trustor hereby releases and wai�es all rights and benefits ❑f the homes�ead
<br /> exemption laws of the Stat� a� Nebraska as �o all Indebtedness secured by this Deed af Trust.
<br /> DEFINtTI�NS. The �aliowing wflrds shal! ha�e the foilowing meanings when used in this D�ed ❑f Trust;
<br /> Beneficiary. The word "Beneficiary" means Fi�e Paints Bank, and its succes�vrs and assigns.
<br /> Bvrrower. The ward "Bvrrawer" means MIT�HELL T NICKERSON and SUSAN E NI�KERSQN and includes all
<br /> co-signers and ca-makers signing the Credit Agreemen� and all thei�su�cessors and assigns.
<br /> Cred�t Agreement. The words "Credit Agreement" mean the credit agreement dated December 6, 2�16, Wlth
<br /> credit limit of $'I�,���.�� from Trustor to Lender, tvgether w�th all renewals of, extensions ❑f, modifications
<br /> af, �efinan�ings of, consolidations of, and substitutions fvr the promtssory note or agreement.
<br /> ❑eed of Trust. The wards "❑eed af Trust" mean this ❑eed of Trust am�ng Trustar, Lender, and Trustee, and
<br /> in�lud�� withaut limitation all assignment and security interest pro�isions relating to the Persvnal Prvp�rty an�#
<br /> Rents.
<br /> En�iranmental Laws. The words "En�irvnmental Laws" mean any and a�I state, federal and ivcal statutes,
<br /> regulations and ardinances relating t❑ the protection ❑f human health or �he en�ironment, including withaut
<br /> limitation the Comprehensi�e En�ironmenta� Response, Compensation, and Liability Act of 198�, as amended, 4�
<br /> U.S.C. Se�tion ���1, et seq. �"CERCLA"y, the Superfund Amendments and Reautharization Act ❑f 1986, Pub. L.
<br /> No. 99-499 �"SARA"y, the Hazardaus Materials Transpartation Act, 4� U.S.C. Sectian 18��, et seq., the Resaur�e
<br /> Conser�ation and Reco�ery Act, 4� U.S.C. Sectfon 69D 1, et seq., or other applicable state or federal laws, ru�es,
<br /> ❑r regulatians ad�pted pursuant the�eta.
<br /> E�ent of Default. The words "E�ent of De�ault" mean any of the e�ents of default set forth in this �eed of Trus� in
<br /> the e�ents vf default section af this De�d ❑t Trust.
<br /> Existing indebtedness. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens
<br /> pro�ision of this Deed of Trust.
<br /> Imprv�ements. The ward "Impro�ements" means all exf�ting and future imprn�ements, huildings, structures,
<br /> ma��ie homes a�fixed vn �he Real Prvperty, #acilities, additions, repla�ements and other canstruc�ion ❑n the Real
<br /> Property.
<br /> Endebtedness. The word "Indebtedness" rneans ali principal, interest, and ❑ther amounts, cvsts and expenses
<br /> payable under the �redit Agreement ❑r Related Dacuments, together with all renewals of, extensions ❑f,
<br /> modifications of, consolidatians af and substitutivns fvr the Credit Agreement or Related Documents and any
<br /> am�unts expended ar ad�anced by Lender to discharge Trustor's obl�gations or expenses in�urred by Trustee or
<br /> L�nder ta enforce Trustor's ot�ligations under this Deed of Trust, tagether with in�erest an such amounts as
<br /> pro�ided in this Deed of Trust,
<br /> Lender. The wo�d "Lender" means Fi�e Points Bank, its successars and assigns, The words "sucGessors or
<br /> assigns" mean any person vr comp�ny that acqutres any interest in the Credit Agreement.
<br /> Persona� Property. The wards "Personal Property" mean all equipment, fixtures, and ❑ther articles of personal
<br /> praperty now or hereafter ❑wned by Trustor, and nvw ar herea�ter attached or affixed tv the Reai Property;
<br /> together with all accessions, parts, and add�tions to, all replacements af, and ali substitut�ans far, any vf such
<br /> praperty; and together with ail proce�ds �inciuding without �imitatian all insurance prviceeds and refunds ❑f
<br /> premiums� from any saie or ather dispositian of the Property.
<br /> Property. The word "Property" means cal�e�ti�e�y the Real Pr�perty and th� Personal Property.
<br /> Real Prvp�rty. The words "Real Property" mean the real praperty, inte�ests and rights, as further described in this
<br /> Deed �f Trust.
<br /> Related ❑ocuments. The wards "R�lated Documents" mean a!� prvmissory nates, credit agreements, faan
<br /> agr�ements, en�ir�nmental agreements, guaranties, security agreements, mortgages, deeds ❑f trust, secut�ity
<br /> deeds, G�Ilaterai mortgages, and all othe� instruments, agreements and do�uments, whether naw or hereaf�er
<br /> existing, executed in connection with th� Indebtedness.
<br /> Rents. The word "Rents" means all present and future rents, re�enues, in�ome, issues, royalties, profits, and
<br /> ❑the� benefits deri�ed from the Praperty.
<br /> Trustee. The word "Trustee" means Fi�e Paints Bank, whose address is P.fl 6ax �5�7, Grand lsland, NE
<br /> 6880�-�5Q7 and any substitute �r successflr trustees.
<br /> Trustar. The wvrd "Trustar" means MITGHELL T NICKERS�N and SUSAN E NiCKERSON.
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