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2� 17��841
<br /> DEED �F TRUST
<br /> Loan No: 'i�'i 29g�62 ��ontinu�d} Pa�e 8
<br /> courts o�r Hall County, 5tate af Nebraska.
<br /> No V1�aiver by Lender. Trustor understands Lender will no�gi�e up any ❑f Lender's rights under�his ❑eed of Trus�
<br /> unless Lender dves s❑ in writing. The �ac� �hat Lender delays or vmits �v e�cercise any righ� wi�l not mean that
<br /> Lender has gi�en up �hat right. If Lender dnes agree in writing �a gi�e up ane ot Lender's �ights. that daes no�
<br /> mean Trustar wil[ no� haWe tv �omply wi�h th� vther pro�isions �-F this ❑eed vf Trus�. Trustor also understands
<br /> �ha� i� Lender does consent t❑ a �equest, that daes nvt mean �ha� Trus�vr will nv� ha�e �o get Lender's consen�
<br /> again i��he situation happens again. Trustor fur�ther unders�tands that�us�be�ause Lender cansents ta one❑r ma�e
<br /> of Trustor's requests, that dves nvt mean L�nder wili b� required to cvnsent #a any a�Trustor's �u�ure requests.
<br /> Trustor wai�es presen�ment, demand far paymen�, pro�es�, and nati�e❑�dishonvr.
<br /> S��erahility, If a cvurt �inds tha� any pro�ision o�this ❑eed o�Trust is not valid or shvu[d not be en-�orced, that
<br /> �act by itself w��� no� mean that the rest a�this Deed of Trust will no�be�alid or en�vrced. Therefiore, a cflurt will
<br /> enforce the rest of th� proWis�ons o�this ❑eed of Trus�e�en if a proWision❑��his Deed of Trust may be'�ound to be
<br /> in�alid ar unenforceable.
<br /> Successors and Assigns. Subject tv any [imitations stated in �his Deed a�Trust vn trans��� af Trustor's interes�,
<br /> this ❑e�d of T�us� shail ba binding upon and �nure to #he bene�it o�#he parties, their successors and assigns. Ifi
<br /> ❑►rvn�rship o��he Praperty hecomes �ested in a� person other than Trustor, Lender, withou� natice tv Trus#or, may
<br /> deal wi�h Trustor's successors with re�eren�e ta�his �eed vf Trus�and the Indebtedness �y way❑f forbearance ar
<br /> extensian withou�releasing Trus�ar from the obligations af this Deed a�Trust or fiabili�y under th� indebtedness.
<br /> Time is nf the Essence. Time is o�the essence in the pe�farmance o��his Deed��Trust.
<br /> Waiver of Homestead Exemption. Trustor hereby releases and wai�es a[f rights and benefits ❑� the homestead
<br /> exemp�ion laws❑f the S�a�e vf Nebrasl�a as�a a[[ Inde�tedn�ss secured by this Deed of Trus�.
<br /> DEFINIT�QNS. The fol[vwing ►nrords shall ha�e the fvEiov+ring meanings when used in this Deed a�Trust:
<br /> Beneficiary. The word "Benefici�ry" means F��e Points 6ank,and its successors and assigns.
<br /> Bvrrower. The word "Bvrrawer" means JDHN VI! LANZENDDRF and in�ludes all ca-signe�s and �a-makers si�ning
<br /> the Not� and ail their successors and assigns,
<br /> Deed of Trust. The w�rds "Deed o� Trust" mean this Deed o� Trust amang Trustor, Lender, and Trustee, and
<br /> includes with�u� limi�ativn all assignment and securi�y in�eres't pra�isivns rela�ing to the Personal Prop�r�y and
<br /> Rents.
<br /> Envirvnmen#al Laws. The words "En�iranmentai Laws" mean any and all state, federal and local sta�u�es,
<br /> regula�ivns and o�dinances rela�ing tv the protec�ion of human health ar the enWiranment, Encludin� without
<br /> �imi�a�ivn the Comprehens�We En�ironmental Respanse� Compensation, and Liabi�ity A�t vf �98D, as amended, 42
<br /> U.S.C. Se�tion 96�'1, et seq. t"CERCLA"f, the Super�und Amendmen�s and Reautharizatian A�t a� 'i 986, Pula. L.
<br /> No. 99-499 �"SARA"}�the Ha�ardous Materiais Transpvr�ta#inn Act, 49 U.S.�. Sectivn 18��, et seq.,#he Resaurce
<br /> CvnserWativn and RecoWery Act, 42 U.S.C. Sectian 69D1, e�seq.� or other applicable state or�ederal laws, rufes.
<br /> ar regulat�vns adopted pursuan�there�v.
<br /> Event of Default. The wards "E�en-�of❑e�ault" mean any o��he e�ents of de�aul�set forth in this Deed v�Trust in
<br /> th�e�ents v�de€ault section of this Deed a�Trus�.
<br /> Hazardous Substances. The wvrds "Hazardous Subs�ances" mean materiafs �ha�, because ❑f their quan�ity,
<br /> concentration ar physical, chernical or infectious characteris�ics, may cause or pose a pres�nt ar pvtential hazard
<br /> to human h�al�h❑r�he en�iranmen'�►rvhen imprvperly used, trea�ed, s�nred, dispvsed ❑�, generated, manu�actured,
<br /> transported or otherwise handied. The words "Ha�ardaus Substances" are used in their very br�adest sense and
<br /> include without limi�ation any and a!I hazardous ❑r toxic substances, materiais ar waste as de�F�ned by v� listed
<br /> under the En�Eronmental Laws. The term "Hazardaus Substances" alsa includes, withvut l�mitatEon, pe�roleum and
<br /> petrol�um by-products ar any fraction thereot and asbestos.
<br /> [mprovemen#s. The ward "impraWements" means a!I existing and future imprv�ements, laui�dings, struc�ures,
<br /> molaile homes-affixed an the Real Prvperty, fa�ilities, additions, replacements and vther cvns�ructi�n ❑n �he Real
<br /> Praperty.
<br /> indeb#edness. The word "Indebtedness" means all principal, in�erest, and vther amvunts, costs and expenses
<br /> payabie under the No�e or Refated DoGuments� �ogether with al! renewals o�. �xtensions ❑�, modifEcations o�,
<br /> consvfida��vns o�and substitutEvns �or�he No�e ar Refated Dacuments and any amounts expended or ad�anced by
<br /> Lender to discharge Trustar's ❑bliga�ions or expenses �ncurred by Trustee �r Lender to enfarce Trustor's
<br /> ❑bligatians under �his Deed of Trus�, �ogether with interest an such amaunts as proWided in �his aeed of Trust.
<br /> Specifically, wi�hout iimitation, Ind�btedness inc[udes the �uture adWances set forth �n �he Fu�ure Ad�an�es
<br /> proWision of this Deed ot Trust.tage�her with all interest therean.
<br /> Lender. The wvrd "Lender" means Fi�e Pain�s Bank, its successors and assigns. The wards "su�cessors or
<br /> assigns" mean any persvn or c�mpany that acquires any interest in the [Vo�e.
<br /> Note. The word "Nvte" means �he promiss�ry nv�e dated January 3�, 2��7, [n thB origina� prin�ipal
<br /> amaunt �f $79,5D�.��frvrn Trustvr ta Lender. tvgether wi�th all rene►nrals ot,ex�ensians o�� modi�ica�ions o�.
<br /> refinancings a�, consalidatians�f, and substitutians�or the pramissory na�e ar agreemen�.
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