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2� 1 ��8284
<br /> DEED �F TRUST
<br /> t��ntinued� �age 7
<br /> Chvi�e of Venue. If there is a lawsuit� Trustor agrees upan Lender's request to submit t❑ the jurisdiction 4f th�
<br /> courts of Hall Cvunty. Stat�of Nebraska.
<br /> No Wa��er by Lender. Lender shail not be deemed to ha�e wai�ed any rights under this Deed of Trust unless such
<br /> wai�er is gi�en in writing and signed by Lender. Na delay or vmission❑n the part o�Lender in exercising eny right
<br /> shal!operate as a wai�er of such right or any o�her right. A wai�er by Lender of a pro�ision o##his Deed of Trust
<br /> shall not prejudice or �anstitute a wai�er af Lender's right otherwise ta demand str�ct compiiance with that
<br /> pro�ision or any other pra�ision of this Deed vf Trust. No privr wai�er by Lender, nor any �ourse vf dea�ing
<br /> between Lender and Trus#or, shall constitute a wai�er of any af Lender's righis or of any of Trustor's ob�Egativns
<br /> as to any future transactions. Whene►►�r the consent o� Lender is required under this Dsed of Trust, the granting
<br /> ❑f such consent by Lsnder in any instan�e shall nvt canstitute cvntinu�ng cons�nt tv subsequent instan�es where
<br /> su�h�ansent is required and in all cases such�onsent may be granted ar withheld in the sa�e discreti�n of Lender.
<br /> Se�erability. If a court vf campetsnt jurisdictivn finds any prv�ision af this Deed of Trust to be il�egal, in�atid, vr
<br /> unenf�r�eabl� as tv any circumstance, that finding shall nat make the offending pr��ision iflegal, in�alid, or
<br /> unenforceable as to any other circumstance. ff �easihle, the offending pra�ision shali be considered modified so
<br /> that it becomes lega�, �aiid and enforceable. If the offending pra�ision cannot be so modified, it shall be
<br /> considered deleted from this Deed of Trus�. Unless a�herwise required by law, the illegality, in��lidity, or
<br /> unenfvrceability af any pro�ision of this Desd of Trust shall not affect the legality, �alidity vr enfvrceability o#any
<br /> ❑ther pro�isivn vf�his Deed af Trust.
<br /> 5uccessors �nd Assigns. 5ubject to any limita#ions stated in this Deed of Trus#❑n transfer of Trustor's �nterest.
<br /> this Deed of Trust shall bs binding upon and inure ta #he benefit of the par#ies. their su�cessors and assigns. If
<br /> ownership of the Prvpsrty becomes �ested in a persan other than Trustor. Lender, without notice to Trustor. may
<br /> deal with Trustor's su�cessors with reference to this Deed of Trust end the Indsbtedness by way of forhearan�e or
<br /> extension without releasing Trust�r from�he vk�ligations of this Deed❑f Trust or liability under the lndebtedness.
<br /> Time is of the Essence. Time is of the essencg in the performance of this�eed vf Trust.
<br /> VNai�e Jury. All parties tv this C]eed of Trust hereby wai�e the ri9ht�o any jury triei in any action, proceeding, or
<br /> caunterc�aim brought by any party against any vther party.
<br /> VNai�er of Hvmestead Exempt�on. Trustor hereby releases and wat�es all rights and benefits v� the homeste�d
<br /> exemption laws of th�5tate of N�braska as to ali Indebtedness se�ured hy this Deed�f Trust.
<br /> DEFINITI�NS. The fvlivwing capitaiiz�d words and terms shall ha�e the fvllvwing meanings when used in this Deed of
<br /> Trust. Unless specifically sta�ed to the contrery, all references to dallar amounts shall mean amounts in lawful money
<br /> of the llnited Stat�s of America. Words and terms used in the singular sha�i include the plural, and the plural shall
<br /> include the singular, as the context may require. Wvrds and terms nvt otherwise defined in this Deed o# Trust shall
<br /> ha�e the meanings attrihuted tv such terms in the Uniform Cammercial Code:
<br /> Benafi�iary. The word "Beneficiary" means Exchange Bank, and its successors and assigns.
<br /> Borrawer. The word "Bvrrower" means �oebuck Enterprises, LLC and includes al! cv-signsrs end c�-makers
<br /> signing the Note and all the�r successvrs and assigns.
<br /> Deed of Trust. The words "Deed of Trust" mean this Deed ❑f Trust among Trust�r, Lend�r, and Trustee, and
<br /> �ncludes without limitation a!I assignment and security interest pro�isions relating ta th� Persanal Property and
<br /> Rents.
<br /> Default. The word "Default" means�he Defaul�set fvrth in this Deed af T�ust in the secti�n�itlsd "Defeult".
<br /> En�ironmsnt�# Laws. The wards "En�ironmental Laws" mean any and all state, f�dsraf and loca! statutes,
<br /> r�gu�ativns and ordinances reiating ta the protection of human health or the en�ir�nm�nt, including w+thout
<br /> limitation the Comprehensi�� En�ironmental Respvnse, Compensation, and Liability Act of 198�. as amended, 4Z
<br /> U.S.C. Section 9fi(]1� et s�q. {"CERCLA"f, the 5uper�und'�amei��rt�n�t���! Reai�tt�or�t�bn A�t vf 198fi, Pub. L.
<br /> No. 99-49g t"SARA"y. the Hazardous Matsriais Transportation Act,`49 IJ:S.C. Sectio�18D'I, et seq.. #he Resvurce
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<br /> Conser�ativn and Re�v�ery A�t. 4� U.S.C. Section fi��1; et��eq.� or ot�er appli��fble state ar fed�ral �aws, rules.
<br /> or regulativns adopted pursuant thereto. � � �� �
<br /> E�an#of�afault. The words "E�ent of Default" mean any vf the��ents of default set fvrth in this Deed�f Trust in
<br /> the e�ents af de#ault section❑f this Deed of Trust.
<br /> Guaran#or. The word "�uarantor" m�ans any guarantor, surety, or accommodati�n party of any vr all o# the
<br /> Indebtedness.
<br /> Guar�nty. The word "Guaranty" means the guaranty fram Guarantor to Lender, inciuding withvut limitatian a
<br /> guaranty of a�l ar part o#the Note.
<br /> H�zardous 5ubstan�es. The words "Hazardvus Suhstances" mean materials that. because of their quantity.
<br /> cvncentration or physicai, chemical or infectious characteristics, may cause or pose a present or potential haza�d
<br /> t� human health or the en�ironm�nt when improper�y used. treated, stored. disp�sed of. generated. menufactured.
<br /> transported ar ❑therwise handled. The words "Heiardous Substances" are used in their�ery brv�dest ssnse and
<br /> include wi#hout limitativn any and al� haiardous or toxic substances, materials vr waste as defined hy or listed
<br /> under the En�ironmental Laws. The term "Hazardous Substances" also includes, withvut limita�ion, petrofeum and
<br /> petrvleum by-products or any fraction thereaf and asbestos.
<br /> Impro�ements. The word "Impro�ements" means a�1 existing and future impro�ements, buildings, structures,
<br /> mabile homes affixed on the Rea� Property, facilities, addi�ions, replacements and other construction on the Real
<br /> Pro pe rty.
<br /> lndebtedness. The word "Indehtedness" means ��� principal. interest. and other amvunts. c�sts and expenses
<br /> payahfe undsr the Note ar Refated Documents. toge#her with all renewels of. extensions of, madificativns ❑f,
<br /> consolidations of and substitutions for ths Note or R�la#ed Documsnts and any amounts expended vr ad�anced by
<br /> Lender to d�scharge Trustor's vbligations or exp�nses incurred by Trustee or Lender tv enfor�e Trustor's
<br /> obligations under this Deed af Trust, together with interest on such amounts as pro�ided in thEs Desd of Trust.
<br /> Specifically, withaut limitation, Indebtedness includes the �uture ad�ences set forth in the Future Ad�ances
<br /> pro�ision, together with a�! interest thereon and al! amounts that may be indirectly secured by the
<br /> Crass-Collateralizativn prv►►ision of this ❑eed of Trust.
<br /> Lender. The word "Lender" means Exchange Bank, its successors and assigns.
<br /> Note. The ward "Note" means the promissory note dated December 9. 2�1 fi, In the original principal
<br /> emount of $23�.���.�� frvm Trustar to Lender, together with all renewals of. extensivns of. mod+fications
<br /> of. refinancings of, consolida#ians o#, and substitutians for the promissory note ar agreement.
<br /> Per�vna� Property. The words "Pers�nal Property" mean aff equipment. fixtures, and other erticles of personal
<br /> praperty now or hereafter awned by Trustor, and n�w ar hereafter attached or a#fixed to the Real Property;
<br /> together with al! accessions, parts, and additivns to. all repla�ements af, and all substitutions fvr, any of such
<br /> property; and together with all proceeds tincluding withaut ��mitatian all insuranc� proceeds and refunds of
<br /> premiums} #rom any sais or❑ther dispasi#Eon of the Property.
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