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2� 17��321
<br /> DEED �F TRUST
<br /> Loan Nv: "1�'[3�'I�8� ��ontinued} Page 9
<br /> Gvverning Law. This D�ed of Trus# will be gv�erned by federal Eaw applicabie #o Lender and, to �he extent no#
<br /> preempted by federai law,#he iaws vf the State of Nehraska withvut regard to its cvnf�i�ts of!aw pro�risions. This
<br /> O�ed of T�ust has heen acGepted by Lender in the 5#afe of Nebraska.
<br /> Chvice of Venue. [f there is a lawsu�t, Trustor agrees upan Lender's request �o submit t❑ the jurisdic�Eon of the
<br /> courts of Hall Caunty, State�#Nebraska,
<br /> No 1Na�ver by Lender. Lender shall nat be deemed t❑ ha�e waived any rights under this Deed ❑f Trus� unless su�h
<br /> waivsr is gi�en in writing and signed by Lender. No delay❑r amission ❑n the part n�Lender in exercising any right
<br /> shaf[ vperate as a wai�er of such right ar any ❑fiher right, A wai�er t�y Lender of a provision of this ❑eed o#Trust
<br /> shaff no� prejudice or canstitute a wai�er ❑f Lender`s right vth�rwise tv demand s�rict comp[iance with that
<br /> pro�ision ❑r any other pro�ision afi �his Deed of Trust. No pr;ar wai�er by Lender, nor any caurs� ❑f dealing
<br /> be�w�en L�nd�r and Trustor, shall cans�i�ute a wai�er of any ❑f Lender's righ�s vr af any o�f Trustor's ahligations
<br /> as ta any future transactions. V11h�neve�r the cvnsent of Lende�- is required under�his Deed a�Trust, the granting
<br /> vf such consent by Lender in any instance shall nvt c�ns�itute cvntinuing �onsent to subsequent ins�ances where
<br /> such consent is required and in all cas�s such cansent may be granted or wifihheld in the sale discretivn❑�L�nder.
<br /> Severabili�y. lf a court of competent jurisdiction tinds any pro�ision ❑f this Deed ❑f Trust fio be iiiegal, �nvalid, or
<br /> unen#orceable as �o any circumstance, that �inding sha[[ not make �he ofFending pro�is�on illega[� in�alid, or
<br /> unenforceable as to any o�her circumstance. If feasibler the ❑ffending provisivn shall be consEdered modified so
<br /> that it becomes [ega�, �alid and enfiorcea�le. If the o��ending pra�ision cannvt be so madified. it shall be
<br /> considered deleted �rvm this Deed of Trust. Unless vtherwise required by law, the iElegality, in�alidity, ar
<br /> unenfvrceabiEity of any pro�isian vf this ❑eed vf Trust shall nat affect the lega[ity, �a[idity or en�orceabi[ity v� any
<br /> other provisivn of this Deed ❑f Trust.
<br /> Successors and Assi�ns. Su�ject tfl any limitatians s�ated in �h�s Deed ❑f Trust ❑n transter ❑f T�ustar's interest,
<br /> this €�eed ❑f Trust shall be binding upan and inure to th� benefit �f the parties, their successvrs and assigns. lf
<br /> ❑wn�rship ❑f the Property becvmes �es�ed in a person other than Trustar, Lender, wi�hout natice to Trustor, may
<br /> deal v►rith T�usfior`s successvrs with reference tfl this Deed of Trust and the fndebtedness by way❑�torbearan�e or
<br /> extension withou�refeasing Trusta�fram the ab�igations of this Deed of Trust or fiability under the lndebfiedness.
<br /> Time is of the Essence. Time �s o#the essence in the performance of this Deed of Trust.
<br /> V11ai�er of Homestead Exemp#�on. Trustor hereby releases and wai��s all rights and bene�ifis at the hamestead
<br /> exempti�n laws of the S�ate af Nebraska as to all �ndebtedness secured by�his Deed o�Trust.
<br /> DEFINITI�NS. The faliowing capitafiz�d words and terms shall ha�e the fol[owing meanings when used En thEs Deed of
<br /> Trust. Unless spe�i�i�ally stated tv �he contrary, all references tv dallar amaunts shall mean amaunts in lawfu[ mvney
<br /> af the United States of Ameri�a. Wards and terms used in the singular sha[I inc[ude the plural, and the p[ural sha�I
<br /> in�lude the singu�ar, as �he cantext may require. V1lords and �erms nvt ❑therwise defined in fihis Deed of Trust shall
<br /> ha�re the meanings atfiributed ta su�h terms in the L]nifo�-m Commer�ia! Cade:
<br /> Benefiiciary. The word "Benefi�iary" means Five Points Bank, and its successors and assigns.
<br /> Bvrrower, The word "Barrvwer" means THE�D�RE RflBB and in�ludes all co�signers and ca-makers signing the
<br /> Note and afI their successors and assigns.
<br /> Deed of Trust. The words "Deed af Trust" mean this ❑eed vf Trust amang Trustor, Lender, and Trus�ee, and
<br /> includes withaut lim�tation a[[ assignment and securifiy in�erest pro�isians relating to the Persvnal Prape�ty and
<br /> Rents.
<br /> Defau[#. The ward "Defau[t" means the �efaul�set farth in this Deed ❑f Trust in the section ti��ed "De�au�t".
<br /> Enrrirvnmen�al Laws. The words "En�ironmental Laws" mean any and a�� state, federal and loca[ s�atutes,
<br /> regu�ations and ardinanc�s re[atFng tv the pro�ection vf human health v�- the en�iranment, including w�fihvu�
<br /> [imitation the Cvmprehensi�e En�ironmenta� Respanse, Campensation, and Liab�l�ty A�t nf 198�, as amended, 4�
<br /> IJ.S.C. Sectivn 950�, et seq. �"CEftCLA"�, the Superfund Amendments and Reau�horizatian A�t �� �98�, Pub. L.
<br /> Nv. 99�499 �"SARA"y, the Hazardous Materials Transportation Ac�, 49 U.S.�. 5ectian �8�1, e�seq.,the Resaurce
<br /> Canser�ation and Reco�ery Act, 4� U.S.C. Sectian 69��, et seq., vr other appli�ab[� state or federal �aws, rules.
<br /> ar regula�ions advpted pursuant thereta.
<br /> Event of De#ault. The words "E�ent of Default" mean any vf�he e�ents of de�aul�set fvr�h in this Deed of Trust in
<br /> the events o#default section of this ❑eed of T�ust.
<br /> Ex�s�ing [ndebtedness. The words "Existing Indeb�edness" mean the indebtedness described in �he Existing Liens
<br /> pra�isian of this Deed of Trust.
<br /> Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, sure�y, or accommodation party to
<br /> Lender, �ncluding withou�limi�ation a gua�anty of all�r part❑f the Note.
<br /> Hazard�us Suhstances, The words "Hazardous Substances" mean mate�-ials fihat, because of their quantity,
<br /> concentration or physical, �hemical or infectious �haracteristics, may cause ar pase a present �r p�tent�al hazard
<br /> to human health or the en�ironment when imprvperly used, �reated, s�ared, dispased of, generated. manufactured,
<br /> transpvrted or atherwise handled. The wv�ds "Hazardaus 5ubstances" are used in their �ery br�adest sense and
<br /> inciude without �imitation any and all hazardaus or fioxic su�s�ances, materials ❑r waste as de�ined by ❑r listed
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