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2� 17��77�
<br /> o ' �
<br /> DEED C]F TRUST
<br /> t�ontinued j Page 7
<br /> used tv interpret or defin�ihe pro��sions o�this De�d o�Trust.
<br /> Merger. There shal!be nv merger vf the in�srest or estate created by this Deed❑f Trust with any other interest or
<br /> estate in the Praperty at any time held by ar#or the benefit of Lend�r in any capac�ty, without the written cvnsent
<br /> of Lender.
<br /> Ga�erning Law. This Deed vf Trus# will he ga�►erned hy fed�ral �aw applicable to Lender and, to the extent nat
<br /> prearr�pted hy'fes�eral law,the laws a#the State nf Nsbraske without regard to its cvnflicts of law pro�isivns. This
<br /> !]eed of Trust has been a��epted�y Lender in the 5tate of Nebraska.
<br /> Choi�e af Venue. !f th�re is a lawsuit, Tcustvr agrees upon Lender's request to submit to the jurisdictian ❑f the
<br /> caurts of Buffalo Caunty, 5tate uf Nebraska.
<br /> Na VNai�er hy Lender. Lender shall not be d�emed to ha�e wai�ed any rights und�r#his Deed af Trust unless such
<br /> waiv�r is gi�en in writing and signed by Lender. No d�lay ar omission on the part vf Lender;n exercising any right
<br /> shal�❑perate as a wai�er of su�h right or any v�her right. A wai�e�hy Lender o#a provision o�this ❑�ed of Trust
<br /> sha11 not prejudice or constitute a wai�er �f Lender's right otherwise to demand strict compliance with that
<br /> pra�isivn or any ather pro�isian v� this Deed ot Trust. No prior waiuer by Lender, nor any course of dealing
<br /> between Lender and Trustflr, sha11 �onstitute a waiver ❑f any of Lender's rights vr of any of Trus�ar's ohligatians
<br /> as to any future transactions. Whene�er the cansent of Lender is required under this O�ed of Trust, the granting
<br /> af such consent�y Lender in any instance shall not�onst�tute evntinuing consent ta subseq�rent instances where
<br /> such consent is required and in a�l cases such cons�nt may be granied vr withheld in the svle discretion of Lender.
<br /> 5evermbility. If a c�urt vf competen#jurisdi�#ivn finds any prv�is+vn vf this Deed vf Trust t❑ be illegal, tn�alid, �r
<br /> unenforceable as t❑ any circumstance, that f�nding shal{ not rnake the affending pro�ision iliegal, in�alid, �r
<br /> unenfarceable as to any other c�rcumstance. If feasible, the affending prv�isivn shall be considered mvdified so
<br /> that it becomes legal, �alid and enforceable. !f the offending pra�ision cannvt he so modified, it sha�� be
<br /> considered deleted f�om this Deed of Trust. Unless otherwise required by law, the illegality, invalidity, or
<br /> unenforceability o�any pra�isivn of this Deed of Trust shall nvt affect the legality, �alidity ❑r en�orceability of any
<br /> vther prvvision vf this Deed vf Trust.
<br /> Successo�s and Assigns. Subject t❑ any limitatians stated in this Deed of Trust on t�ans#er of Trustor's interest,
<br /> this Deed o#Trust shall he binding upon and inure to the benefit ofi the parties. their suc�essors and assigns. If
<br /> awnership vf the Praperty becomes�ested in a pers�n other than Trustor, Lender, without notice t❑Trustar, may
<br /> deal with Trustor's su�cessvrs with refer�n�e to this Deed of Trust and the Indebtedness by way of farbearan�e or
<br /> extensivn without r�leasing Trustvr frvm the�bligations❑f this ❑eed of Trus�or liability under the Indebtedness.
<br /> Time is o�#he Essence. Time is�t the essence in the perfvrman�e of this ❑eed vf Trust.
<br /> Wai►►e Jury. All p�rties to this Deed o#Trust hereby waive the right to any jury trial in eny action, proceeding, ar
<br /> caunter�laim brvugh#by any party ag�inst eny other perty.
<br /> Wai►►er af Hvmestead Exernption. Trustar herehy rgleases and wai�es all rights and ben�fits of the homestead
<br /> exemption laws af the 5tate ot Nebraska as ta all#nd�bredn�ss secured by this Deed of Trust.
<br /> DEFINITI�NS. The fol�vwing capitaliz�d words and terrr�s shall ha�e the following meanings when used in this Deed af
<br /> Trust. lJnless spe��fically stated to the cvntrary, a�t references to dallar am�unts shall mean amounts in lawful money
<br /> vf the LJnited S�ates of America. Words and terms used in the singular shall include the plural, and the plural shall
<br /> include the singular, as the context may require. Words and terms not otherwise defined in this �eed o# Trust shall
<br /> ha►►e the meanings attributed to such t�rms in the LJniform Cornmer�iai Cvde:
<br /> Beneficiary. The word "geneficia�y" means Exchange gank,and its su��essors and assigns.
<br /> Barrower. The word "Borrower" means LBE Family Limited Partnership and includes all cv-signers and �a-makers
<br /> signing th�Nvte and all their suc�ess�rs and assigns.
<br /> Deed vf Trust. The words "Deed vf Trust" mean this Deed of Trust among Trustar, L�nder, and Trustee, and
<br /> inciudes withaut IimitatEon all assignment and security �nterest pro�isions relatiny tv the Pe�sonal Prvperty and
<br /> Rents.
<br /> Defeult. The word "Defiault" means the Defau�t set forth in this Deed vf'�r'ust in the section�itled"Default".
<br /> En�iranment�l Laws. The wards "En�ir�nmental Laws" m�an any and alt state,s federal and Iocal statutes,
<br /> regulations and ordinances reiating to the protection vf human health or the en�irvnrt�ent, inc�uding without
<br /> limitation the Comprehensi�e En�ironrnental Response, �ompensation, and Liahility Act ❑f �980, as amended, 4�
<br /> U.S.C. 5sctivn 9�01. et seq. �"C�RCLA"y, the Superfund Amendments and Reautharizati�n Act of '�98fi, Pub. L.
<br /> Nv, 99-499 �"SARA"y, the Hazardous Materials Transportation Act,49 U.S.C. Section 18�1,et seq.,the Resaurce
<br /> Conser�atian and Reco�ery Act. 42 LJ.S.C. Sectian fi9Q1, et seq., ❑r❑ther applicable state or fede�a� laws, rules,
<br /> or regulatians adopted pursuant thereta.
<br /> E�en#ot Qe�eult. The r►vords "E�ent of De€ault" mean any af the events of default set farth in this Deed vf Trust in
<br /> the e�ents of default sect�an o�this Deed o#Trust.
<br /> Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, ar accvmrnodation party to
<br /> Lender, inc�uding withvut limitation a guaran#y of a�l❑r part nf the Note.
<br /> Hazard�us SubstancBs. The words "Haza�dous 5ubstances" mean materials that, because vf their quanti�y,
<br /> concentra�ian ar physi�al, chemical or tnfe�tious characteristics, may cause vr pase a preser�t or potentta� hazard
<br /> to human health❑r the en�ironment when improperly used, treated, stored, dispased of, generat�d, manufactured,
<br /> transparted or otherwise handled. The words "Hazardous 5uhstances" are used in their �ery hrvadest sense and
<br /> include withaut limitation any and a�i haza�daus or toxic subs#anc�s, materials or was#e as detined �y ar listed
<br /> under the Env+ronm�ntal Laws. The term "Hazardvus Substances" als�includes, withvut limitation, petrvleum and
<br /> petraleum by-praducts or any fraction thereaf and asbestos.
<br /> �mpro�ements. The ward "Impro�ements" means all existing and future impra�ements, build+ngs. structures,
<br /> mabile hames affixed vn the Real Propefity, facilities, additians, replacements and other construction on the Real
<br /> Property.
<br /> Indabtedness. The ward "1nd�htedness" means all principal, interest, and vther amounts, costs and expenses
<br /> payable und�r the fVote or Re�ated ❑ocuments, tageth�r with ail renewals of, extens�ons vf, modif�cativns o#,
<br /> consolidati�ns of and suhst�tutions f�r the Nvte ar Related Qocuments and any amounts expended or ad�anced hy
<br /> Lender tv dischargs Trustor's abligatinns or expenses in�urred by Trus�ee vr Lender to enforce Trustar's
<br /> obligations under this Deed of Trust, together with interest on such amounts as pro�ided in this Deed of Trust.
<br /> Spe�ifica��y, withQut lirnitation, Indebtedn�ss includes the future ad�ances set forth in the Fu#ure Ad�ances
<br /> pro�ision, toge�her with all interest #herean and all arnounts that may be indire�tiy secured by the
<br /> �ross-Cvllateraliza#ion pro�ision of this Deed of Trust,
<br /> Lender. The wvrd "Lender" means Exchange�ank, its successors and assigns.
<br /> Note. The word "Nate" means th� pramissory nate dated February �, �417, 117 tlle vriginal principa�
<br /> am�unt �f $�73.G�8.��frarn Trustvr t� Lender, toge�her with alf renewals of, extensi�ns ❑f, madifications
<br /> af, re�inancings of, consalidativns ❑f, and suhsti�utions �or th� promissory note or agreemeni. NDTICE TD
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