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2� 17��7�2
<br /> DEEC� �F TRUST
<br /> Loan Nv; 'I D'130�'i 14 ��vntlnued} Page 9
<br /> previous �iscal year in such fo�m and de�ai� as Lender shall require. "Net opera�ing �ncame" shall mean all cash
<br /> receipts fram the Proper�y less aii cash expendi�ures made in cvnnection with the❑peration ❑�F�he Praper�y.
<br /> Cap�ion Headings. Cap�i�n headings in �h�s ❑eed a� Trust are for can�enienGe purposes ❑n�y and are not t❑ be
<br /> used t❑ inte��refi or define the pro�isians o�this Deed o�Trust.
<br /> 1Vlerger. There shall be n❑ merger o��he inte�est or estate created by this Deed of Trust wi�h any o�ther interest❑r
<br /> es�a�� in the Property at any time held by or for fihe benefifi a� Lender in any capacity, withou�the written consent
<br /> o�Lender.
<br /> �overning Law, This Deed vf Trus� wil� he governed by federa� law app[icable to Lender and, to the extent nvt
<br /> preempted by fed�ral law,th� laws o�fhe S�afe o�Nebraska withvut regard to its �onflicfis o�law prvvisians. This
<br /> Deed vf Trus�has been accepted by Lender in�he 5ta�e of Nehraska.
<br /> Chaice vf Venue. if there is a lawsuit, Trustor agrees upon Lender's reques� ta suhmit tv �he jurisdictivn ❑��he
<br /> cour�s of Ha�l Cvun�y, S�ate of Nebraska.
<br /> Na�1Vaiver�y Lender. Lender shall not�e deemed to haWs wai�ed any righ�s under this Deed af Trust unless such
<br /> wai�er is gi�en in writing and signed by Lender. Nv delay vr omission on�he part❑f Lender �n exercising any right
<br /> sha�l ❑pera�e as a waiWer of such righ�vr any other righ�. A wai�er by Lender af a prvW�sivn �f this ❑eed vf Trus�t
<br /> sha�r not prejudi�e or constitute a wai�er af Lender's right otherwise fia demand str�c� compliance wi�h �ha�
<br /> pra�isivn �r any �ther pro�isi�n of this �3eed v� Trust. N� p�iar waiver by L�nder, nor any cvurse of deafing
<br /> between Lender and Trustor, shall cansti�ute a wai�er of any ❑f Lender's rights ar vf any ofi Trus�or's ❑�I�gations
<br /> as �o any�u�ure transac�ions. Whene�er the consenfi o� Lende�- is required under this Deed af Trust, the gran�ing
<br /> of such consen� by Lender in any ins�ance shall not cansti�u�e con�inuing consent�o subsequent instances where
<br /> such consent is required and in a�� cas�s such consent may he gran�ed or rrvithheld in the so�e discrefiion af Lender.
<br /> Se�rerahili�y. I� a court o� competent jurisdi�tion �inds any pro�ision v��his ❑eed af Trusfi fiv be Eflegal, in�alid, vr
<br /> unenfarceal�le as t❑ any circumstan�e, that finding shal� no�t make fihe v��ending pro�isian illegal, in�alid, ❑r
<br /> unenfivrceable as �❑ any ❑ther circumstance. l�F �easible, the offending pro��sion shall be cvnsidered madi�ied so
<br /> �hat it becomes legal, �alid and en��r�eable. lf the offending pro�ision cannv�t be s� modified, it shal� be
<br /> considered dele�ed �from this Deed af Trus�. Unless atherwis� �equired by law, the illegality, in�a�idity, ar
<br /> unenfarceabi�ity ❑� any prvvision of�his Deed of Trus� shall not affect the Eegali�y, �alidi-�y ar enforceabili�y ❑f any
<br /> vther pro�isi�n�f this �eed of Trust.
<br /> Suc�essors and Assigns. Sulaject�o any limitations stafied in this Deed of Trust ❑n transfer a�Trus�or's int�res�,
<br /> this Deed ❑f Trust sha�l be lainding upvn and inure t❑ the benefi� of�khe parties, their successors and assigns. If
<br /> own�rship o��he Property be�omes �ested in a person other�han Trus�ar, Lender, withou� no�ice �o Trus�or, may
<br /> deaf with Trustor's successors with reference to�his D�ed o�Trust and�he Indebtedness by way❑f forbearance❑r
<br /> extension withou�releasing Trus�or fram fihe ob[i�afiions o�this ❑eed❑f Trust or liability unde�-the �ndeb�edness.
<br /> Time is of#he Essence. Time is ❑f the essence in the per-�ormance❑�€this ❑eed of Trus�.
<br /> 1Jllai�er of Hvmestead Exemptivn. Trustor hereby releases and wai�es a[� rights and benefits ❑� the homestead
<br /> exemptian taws of�he 5�a�e of Nebraska as to all Inde�tedness secured by this Deed of Trust.
<br /> DEFIN�TIaNS. The following capitafized wards and terms shall ha�e the fallowing meanings when used in this Deed ��
<br /> Trust. Unless specifically s�afied fio the cvn�rary, all references to d�llar amounts shall mean amounts in lawful money
<br /> of the Uni�ed States ❑f America. Words and terms used in th� singufa�- shall incfude the plura�, and the plural shall
<br /> include the singu�ar, as the cvntext may require. Vllnrds and �erms nat othe�-wise de�ined in th�s ❑eed a�Trust sha�l
<br /> ha�e the meanings a��ributed to such ter-ms in the Uni�orm �ommercial Cvde:
<br /> Bene�iciary. The word "6enef�ciary" means Fi�e Poin�s Bank, and its successvrs and assigns.
<br /> Borrower. The word "Borrovver" means T1M�THY M R�E and inc[udes all c�-signers and cv-makers signing th�
<br /> Nv�e and all�heir successars and assigns.
<br /> Deed vf Trus�. The words "aeed o� Trus�" mean this ❑eed �� Trust among Trus�ar, Lender, and Trustee, and
<br /> includes withaut limitatian af[ assignment and security in�eres� pra�isians relatEn� �o the Pers�nal Property and
<br /> Ren�s. �
<br /> �,
<br /> Defaul�. The w�rd "Defaul�" means the Defauit se�for�h in this Deed of Trusfi in fihe se�fiion titled "aefault".
<br /> Environmenta� Laws. The words "En�iranmental Laws" mean any and all sta�e, federal and Iocal statutes,
<br /> regulativns and ordinances relating tv �he protection ❑f human heal�h ❑r the environment, including without
<br /> limitation the Comprehensi�e En�ironmen�al Respanse, Campensat�on, and Liability Act of '��BD, as amended, 42
<br /> U.S.C. 5e��ion 9�D'i, et seq. 4"CERCLA"}, �he Superfund Amendments and Reauthvrization Act�� 1986, Pub. L.
<br /> Nv. 99--499 {"SARA"},th� Hazardaus Materials Transpartatian Ac�, 49 U.S.C. 5ec�ion 18�'I, et seq.,the Resource
<br /> Canser�afiivn and Reco�ery Act, 4� U.S.C. Section 69�'i, e�seq., or�ther applicahl� state nr federal laws, rufes,
<br /> ❑r regula�kions adopted pursuan�the�-eto.
<br /> Evsn�vf De�auifi. The wards "E�en�af�e�ault" mean any of�he e�enfis of default set forth in this Deed of Trust in
<br /> the��ents o�de�ault sec�ion of this I�eed v�Trust.
<br /> Exis�ing Indeb#edness. The wards "Existing �ndebtedness" mean �he indeb�edn�ss described in�he Exis�ing Liens
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