|
2� 17����3
<br /> ��E[� �� ���s�
<br /> ���ntinu�d� �age �
<br /> cvf[�ction ser�ices, �he cost of searching records, vbtaining �itle repvrts �including forecfosure repor�s}, sur�eyors'
<br /> reports, and appraisal fees, tit[e insurance, and fees tvr the Trustee, �o the extenfi pe�mit�ed E�y applicahle law.
<br /> Trust�r also wiil pay any caurt costs, �n addit�an to all other sums pro�ided by lav►r,
<br /> �11i15CELLAl1�E�U5 P1��V�SI�IVS, The follvwing misce�Eaneous provisi�ns are a part af this Deed�f Trust:
<br /> GnWerning Law. Th�s aeed o# Trus� will be gov�rn�d by federal Iaw app�icab�e tv Lender and, tv �he ext�nt not
<br /> preerr��ted by federal law,�he�aws vf the S�ate of 1Vebraska without regardl to its �onfIi�ts vf law provis�ons, This
<br /> Deed vf Trust has h�en a��epted by Lender in the State vf 1Vebraska.
<br /> Time is o�the Essence. Time is o�the essence in the performance vf fhis Deed ofi Trust.
<br /> l�V'aiWer o�f Hvrr�es�ead ExemptEon, Trustvr hereby releases and waives all rights and benefits of the homestead
<br /> e�cemption laws❑t the State vf Nebraska as tv al! lndebt�dness secured by thEs Deed vf Trust.
<br /> DEF�NITIaINS. The fo�l�wing words shall ha�e the follvwing meanings when used in this Deed o�f Trust:
<br /> Bene�Ficiary. The word "genef�Giary" means Pinnacle Bank- KMN, and its successars and ass�gns.
<br /> �vrrawer. The word "B�rrower" means LUICE C HANNDN and JAM[E L HANNON and includes a11 co-signers and
<br /> co-makers signing the Note and all�heir successors and assigns.
<br /> Deed vf Trus�. The wvrds "Deed of Trust" mean this Deed of Trus� among Trustor, Lender, and Trustee, and
<br /> �ncludes ►rv�th�ut �imitation a[[ assignment and securi�ty interest prv�isi�ns reiating to the Personal Prvperty and
<br /> F�ents. ,
<br /> Environrr�ental Law�. The words "En�ironmenta{ Laws" mean any and a[[ s�ate, f�d�ral and [oca[ sta�u�es,
<br /> r�gulations and ordinances relating tv the prote�tion �� human hea��h or the en�irvnment, including without
<br /> �imitat��n the Cvmpr�hensi�e En�ir�nmentaf Respvnse. Compensation, and Liability Ac� of �98D, as amended, 4�
<br /> U.S.�. 5�ctivn �6��, e� seq, t"CERCLA"�, the Superfund Amendments and R�authorizatian Act of 1985, Pub. L.
<br /> Na. 99-493 {"SARA"�,the Hazardous Materials Transportation Act, 49 U.S.C, Se�tivn 18C]1, e#seq., the Resource
<br /> Gonser�atian and ReGo�ery Acfi, 4� U,S.G. 5ectian E9�1, et seq., ❑r other appiical�le stafie or�ederal laws, rules,
<br /> or r�gulations adopted pursuan�th�reto.
<br /> E�ent of Defauit, The w�rds "E�ent of Defauit" mean any of the e�ents of defau��set forth in this [�eed t�f Trust in
<br /> the e�ents o�defau[�section of this ❑eed o�Trust.
<br /> Existing Ind�btedness. The w€�rds "Existin� [ndebtedness" m�an the indeb�edness desc�-ibed in the Existing Liens
<br /> provision vfi this Deed a#Trust.
<br /> Guaranfiy. The wvrd "G uaranty" means#he guaranty�rom guarantor, endarser, surety, �r accommodation party to
<br /> Lender, including without limi�tat��n a guaranty of a[[or part vf the Nvte.
<br /> Imprv�ements. The wQrd "lmpr���m�nts" means a[� existing and future �mpr���ments, buildings, structures,
<br /> mvbile hvmes affi�ed on �he Real Property, fa�iiities, addi�ivns, rep[acements and vther cvnstru��ion �n the Real
<br /> Prvperty.
<br /> �ndebtedness. The ward "Indebtedness" means all principal, in�eres�, and other amounts, CD5�5 and exp�nses
<br /> payable under the Note or Re[ated Docum�nts, tvgefiher with a�f renewals ❑f, extensions ❑fi, modi�ications vf,
<br /> consaf�dations �f and subst�tutians f�r the Nv�e or Related ❑vcuments and any amoun�s expend�d �r adWanced by
<br /> Lender to discharge Trustvr's vhligativns ar expenses incurred by Trustee or Lender tv �nforce Trustor's
<br /> obligations und�r this Deed �f Trust, together wi�h in�erest vn such amaunts as pro�ided in this Deed �f Trust.
<br /> Specif�cally, without limitation, lndebtedness includes the #uture ad�ances set forth in the Future Ad�ances
<br /> pro��s�on o�this Deed vf T�-ust, �vgether wi�h a11 interes�th�reQn.
<br /> Lemd�r. Th� �rvard "Lender" means Pinnacle 6ank- KMN, its successors and assEgns, The ►r►rords "successvrs or
<br /> assigns" mean any pe�san or company that acquires any interest in the Note.
<br /> IVo�e. The v►rord "Note" means �he prvmissvey note dated Decem�er 3D, ZQ15, �� th� �riginal �arinc6p�i
<br /> am�unt �f �9,���.�� from Trustv��o Lend�r, toge�her v�rith all renewals of, extensions ❑#, modifications of,
<br /> refinancings of, consafidations�f, and subs�itutions for the promissory nate or agreement.
<br /> Personal Property. The w�rds "Persvnal Property" mean all equipment, fixtures, and o�her articles of pe�sona�
<br /> praperty now or hereafi�er vwned by Trustor, and nvw ar hereafter attached or af#ixed t� the Rea! Properfiy;
<br /> t�ge�her with a[� accessions, parts, and additivns �vr a�l repiaGemen�s Qf, and ali substitutions fvr, any v� such
<br /> prvperty; and tagether with ali prviceeds �including withvut [imi�ation af[ insurance prviceeds and re#unds af
<br /> pr�miumsj �rvm any sa[e or�th�r disposi�ivn vf the Property.
<br /> Prope�ty. The word "Praperty" means collec�kirr�ly the Rea� Property and the Persona! Property.
<br /> �Real Praperty. The words "R�al Prvperty" mean the real property, interests and r�ghts, as further described in�his
<br /> Deed vf Trus�.
<br /> Related Documen�s. The words "Related ❑vcum�n�s'" mean all promissvey notes, credit agreements, lvan
<br /> agreements, en��ronmentai agreemen�s, guaranties, security agreemen�ks, mortgages, deeds of trust, securifiy
<br /> deeds, c�l�ateraf mortgages, an� all vther instruments, agreements and documents, whe�her no�r►r or hereaf#er
<br /> existing, executed �n cvnnection with the Ind�btednes�.
<br /> Rents. The w�rd "Rents" means aEl present and fu�ure rents, re�enues, inc�m�, issues, royalties, profits, and
<br /> ❑�her bene#its derived from�he Prvper�y.
<br /> Trust��. The word "Trus�ee" means Pinnacle 6ank- KMN, whvse address is 534 N BIJRLINGTDN AVE, P� BDx
<br /> �178, HASTINGS, NE 689�1 and any substitu�e❑r successor trustees.
<br /> Trustor. The word "Trustor" means LIJKE C HANN�N and JAIVI[E L HAIVN�N.
<br /> E�ICH TRUSTaR ACICNQWLEi�GES H►�VING READ �OLL THE PRt,�1lISI�IVS �F THIS DEED �F TRUST, AND E►��H
<br /> TRLDST�R ACFiEES TD ITS TERj11f5.
<br /> TFtUSTDR:
<br /> X
<br /> LUKE C HANNDN
<br /> � �
<br /> x � ,,
<br /> N�IE�L HA
<br />
|