|
2� 1 ��8��3
<br /> vEE� �F TRu�T
<br /> Lvan No: 'I C)��DD59� {�vnt�nued� Pag� S
<br /> es�a�e in the Property a�any time held by�r��r�he benefi�o�Lender in any�ap�city, without the written consent
<br /> of Lender.
<br /> Choice o�Venue. I�F there is a [awsuit, Trustor agrees upon Lender`5 request t� submit to �he jurisdiction of the
<br /> courts of Hal) Caunty, S�ate o�Nebrasl�a.
<br /> Joint and 5everal Liabili#y. Aii vbligatit�ns of Trustvr under this Deed ❑f Trust shall be �aint and severa[, and all
<br /> referen�es tv Trustt�r shall mean each and eWery Trus�tvr. This means �hat each Trustc�r si�ning be�ow is
<br /> respQnsible fvr all❑b�Egations in this Deed of Trust.
<br /> No Waiver by Lender, Trustor underst�nds L�nder wi�� no�gi�e up �ny of Lender'� ri�h�s und�r this Qeed o�Trust
<br /> unless Lender do�s so in wri�ing. The fact tha�r Lender delays or amEts �o exerci�e any right �vill no� mean that
<br /> Lend�r h�s gi�en up tha� ri�h�. lf Lender da�s agree in wri�ing �tv gi�e up one a� Lender's righ�Cs, �hat daes nof
<br /> mean Trus�o� will�not haWe to cvmply v►ri�h �he ❑ther prv�isiQr�s o�this Deed ❑�Trus�. Trustor also unders�ands
<br /> that i� Lender do�s consent tv a requ��t, �h�fi does no� mEan tha� Trust�r will not ha�e to ge� �.ender's �onsen�
<br /> again ifi�he si�uatian happens again. Trus�ar further understand��that just b�cau$e Lender cansents tv❑ne��more
<br /> o�Trustor's request�, thax dfles not mean Lender�ill be required to consent to any o�Trustor's futu�e requests.
<br /> Trustar wai�es presen�men�, demand far payment, pr�test, and na�ice of dishvnor.
<br /> Severability. �f a caurt �inds that any pra�ision of this Deed ❑f Trust is not �alid �r should nvi� b� en�orced, tha�
<br /> fact by itsel�wi�� nat mean�ha�the rest❑#this Deed o�Trust will nv�be �alid �r en�orc�d. Therefvre, a cnurt wil[
<br /> enfvrce th� r�st o�the pro�isiorts o��his ❑e�d a�Trust��en i�a prv�is�on❑f this Deed a�Trus�may be f�und�a be
<br /> in�afid or unenfvrceable.
<br /> �u�cessars and Assigns. Subje�t to any limi�a�ions sta�ed in this L�eed of Trust vn �ransfer o�Trus�t�r''s interest,
<br /> �his Deed o�Trust shali be binding upon and inure to th� b�n��Fi'� of the parties, �heir suG�essQrs �nd assigns. ]�
<br /> ❑wnersh�ip af the Praper�y becomes �este� En a person other�i�an Trustor, Lender, ►rvithvu�notice'�v Trustar. may
<br /> deal with Trustar's succe�sors wi�h reference t❑this Deed a�Trust and�he End�h�edness by way Q-���rbearance or
<br /> extensivn wi�4�ou�t releasing Trust�r-�rom�he❑bliga�ions vf th�s Deed❑�Trus�or liability under the 1ndelatedness.
<br /> Time is of�he Essence. Time is❑�the essence in the per�ormance of this Deed a�F Trus�.
<br /> Wai��r o� Homestead Exemptivn. Trustor hereby releas�s and wai�es all rights and bene#i�� af �he homestead
<br /> exemption [aw�a�f the State o�Nebraska as�v all lndebtedness secur�d �y�this �7eed of Trust.
<br /> DEFINITI�NS. The�aEfc�wing words Shal! ha�e�he follrawing meanings uvh�n used in�his❑�ed v�Trust:
<br /> Bene#s��a�y. The w�rd "Ben��ici�ry" means Fi�e Poin�s Bank, and its suc��ssors an� a�signs.
<br /> Borrow�r. The ward "6orrt�wer" means DDU�LAS E LANFEAR �nd MARY A LANF�AR and includes �il co-�igners
<br /> and cowmakers signing the Not�and all their successvrs and assigns.
<br /> Deed a� Trust. The words "Leed v� Trus�" mean �his aeed o� Trus� amang Trus�ar, Lender, and Trustee, and
<br /> in�lud�s withaut limi�tation all a�signment and security interesfi prv�isions r�la�ing t� �he Personal Propert� and
<br /> Rents.
<br /> En�irvnmental Laws. Ths wvrds "En�iranmentai Laws" mean any and all state, -��deral and Evcaf s�a�utes,
<br /> regulatians and ardinanc�s reEating to �he pro�ection o� human health or the en��ronmen�, in�luding withaut
<br /> Iimita�Civn �he Compreh�nsi�e En�ironmentai Response. Compensation, and Liabili�y Act of �980, as amended, ��
<br /> L].S.C. 5e��i�n �3��1. et seq. �"CEF�CLA"y, the 5uperfiund Amendments and Reau�harization Act ot 1�5�, Pub. L.
<br /> N�. 99-499 �"SARA"1,th� Hazardvus Materials Tr�nsportation Ac�, 49 U.�.C. �ectian �S��, et seq.,�he Resour�e
<br /> Conser�a�ian and Reco�ery A��, �� lI.S.C. 5e�tion �9fl1, et s�q., or other ap�licai�le state or teder�� Eaws, rule�,
<br /> or regul��ians adopted pursu�nt thereto.
<br /> Event vf De�ault. The wr�rds "E�ent nf De�Fau[�" �nean any o��h�eWen�s vf de��ul�se�fvrth in�his ❑eed af Trus�in
<br /> the e�ents of de�ault sec�ivn n-F�his ❑eed o�Trust.
<br /> Hazardvus Suas�ances. The wards "Ha�ardous Substances" mean materials �hat, because a� their quantity,
<br /> con�entrati�n ar physical, ch�mical ❑r inf��tious characteristics, may cause ar pose a present vr pQtential ha�ard
<br /> to human health vr the en�ironment when impraper4y used, treated, s�vred, disposed o�, genera�ed, manufactured,
<br /> transported or otherwi�e hand�ed. Th� vvards "Hazardflus Su�s�ances" are used in their�ery broades� sense and
<br /> include without limi�tatian any and all ha�ard�us vr toxic sub�tances, materials or waste as defined by �r fisted
<br /> under the En�ironm�nta[ Laws. The�erm "Hazardvus 5ubstanGes" also inGludes, wi�h�ut limitat�on, petral�um and
<br /> petroleum by�produc�s ar any�Fr��tion ther�o�and �sbestvs.
<br /> lmprv►remer��ts. The ward "Impro�ements"' means a!! exis�ing and fu�ur� improWements, buildings, structures,
<br /> mobile ht�mes affixed an �h� Real Proper�y, ��cilities. addition�, replacements and o�h�r constru��ian an the Real
<br /> Proper�y.
<br /> lndeh�edness. The �vvrd "Inde�fiedness" means a!! principal, int�rest, and other amounts, casts and expenses
<br /> payable under �he Nvte ❑r Related Documents, �vgether with ail renewals Q�, extensi�ns ❑�, mod�fica�ians o�,
<br /> consvlidations of and subs�i�utions�vr the No�e or Re�ated Documents and any amvunts expend�d or ad�anced by
<br /> Lender t❑ discharge Trustar's vbEigations or expenses incurred by Trus�e� vr Lender tv enfor�e Trust�r's
<br /> ot�iigatians under this Deed ❑f Trust, tvgether with interest on su�h arnounts as prv�ided in this Deed of Tru�t.
<br /> Speci-�ically, wit�aut limitatian, Ind�b�edness inc�udes th� �uture ad�anc�s set for�h in the Future Ad�an�e�
<br />
|