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2� 17� 1883
<br /> DEED �F TRUST
<br /> ��orltir7u�d� Page �
<br /> N�TI�FS. Any notice required to be given under this Deed of Trus�, including without limita�ion any notice af default
<br /> and any natice o�F saI� shal� be given in writing� and �ha�� be effeG�iv� wh�n aGtually deli�ered, when a�tually re�eived
<br /> by�elefacsim�le {unless otherwsse sequir�d by law},when deposzted with a natiana�Iy recagnized o�ernight courier, ❑r, if
<br /> mazled, when deposi�ed in�he United Sta�es mail, as first class, certified vr registergd maiI postags prepaid, direc�ed to
<br /> th� addresses shown near the beginning o-F this Deed o�Trus�. A11 capies of no�ices of�Forecivsure firom the hold�r o-F
<br /> any �ien which has priority ov�r�his Deed o�Trus� shall be sent t❑ Lender's addre�s, as shawn near th� �eginning vf
<br /> this Deed af Trus�. Any pet'son may change his Qr her address far notsces under thss Deed af Trus� I�y giving forma�
<br /> written notice �o �he ather- persan vr persons, specify�ng �hat the purpose of the notice is to change the person's
<br /> address. Fa�-no�ice purposes,Trustor agre�s-�o keep Lender in�ormed at aI1 tim�s of Trus-�or's current address. Unles�
<br /> otherwise pra�ided ❑� r�quired by lav►�� i�there is mvre than ane Trusto�-� any notice gi�en by Lender t❑ any Trustor �s
<br /> deemed to be natice gi�en to all Trustars. lt will be Tru�t�r's c-esponsibi�ity to��Ii the a�hers af the no�ice�ram Lender.
<br /> MISCELLANE�US PR�VISIDNS. The folfowing miscellaneous pro�isions ar��a part o�this ❑eed of Trust:
<br /> Amendments. Wha� is writ�en in this Deed o�Trust and in �he Related Dacuments is Trus�ar�s entire agreemen�
<br /> with L�nder concerning the matters cavered by thRs ❑eed ❑f T�ust. To be effec�i�e, any change or amendment to
<br /> �his Deed ofi Trust mus�be in wri�ing and mus�be signed by whoe�er wifl be bound or ob���a�ed by�he change or
<br /> amendment.
<br /> Captian Headings. Caption headings in �his D�ed of Trust ar� for convenience purpases on�y and are not to be
<br /> used�❑interpret or defiine fihe pra�isions o�this Deed ❑f Trust.
<br /> Nrerger. There shall be no me�ger o�the intet�es�or estate created by this Deed o�Trus�with any other in�eres�ar
<br /> estate in the P�operty at any�ime heId by or for the benefi�af Lender in any capa�ity, withou�the written cansent
<br /> af Lender.
<br /> Governing Law. This Deed of Trust wi[I be gaverned by fede�a[ �aw app�icable to Lender and, to the extent not
<br /> preemp�ed by federa[[aw,the Iaws vf the Sta�e�f Nehraska without regard to i�Es �anf�icts ❑f�aw provisians. Th�s
<br /> De�d af Trust has been accepted by Lender in�he State af Nehraska.
<br /> �
<br /> Choice of Venue. if there is a lawsuit, Trustor agrees upvn Lender's request�❑ submit to the jurisdic�ion o�the
<br /> cvurts o-F Hali County, 5�ate of Ne�raska.
<br /> No Vllaiver by Lender. Trust�r und�rs�ands Lend�r wiI1 not give up any❑f Lender's rights und�r this Deed af Trust
<br /> uniess Lender daes sa in writ�ng. The fact�hat Lender delays or omits t❑ exercise any righ� will not mean �ha�
<br /> Lender has gi�en up that right. I� Lender does agree in wrifing �a gi�e up one o� Lender's rights, that d�es not
<br /> mean Trustor wii� not ha�e -�❑ camply with the other p�vvisi�ns o-F this Deed of Trust. Trustor also understand�
<br /> that i� Lender does consen��❑ a requestr �hat does nv� mean �ha�Trustor will n�� have t❑ get L�nder's cansent
<br /> again s#the situatian happens again. Trustor�rurther unders�ands tha�just be�ause Lender consents to ❑ne or more
<br /> a-F TrustorTs requ�sts, �hat does not mean L�nder wiII be required ta consent�o any of Trustor's �uture requests.
<br /> Trustar wai��s presen�mentt demand�For�paym�nt, p�'ofest, and notice af dishon�r.
<br /> Severability. If a court finds tha-� any pro�ision ofi this ❑eed of Trust is n�t �aIid or shaufd no� be enfarced� tha�
<br /> �ac�by itsei�wi1l no�mean that the rest ofi�his ❑eed o�Trust wiI1 nv� be��aIid or enfarced. Therefore, a �ourt witl
<br /> enfor�e�he rest o�the pravisions o�F this Deed o�Trus�ev�n i�a pra�isian o�this ❑e�d of Trust may be�ound to be
<br /> invaIid or un�nfarceable:
<br /> �uccessors and Assigns. Subject tfl any �Smitations s�a�ed in this Deed af Trust an transfer a�Trustar`s interest,
<br /> this Deed of Trust shaII be binding upan and inure to the benefi� of the parties, �heir successors and assigns. If
<br /> ownership ❑�the Pr�op�rhr be�nmes v�sted in a person ather than Trus�ar, Lender, without notice�o Trustar, may
<br /> dea!wi�h Trustar�s success�rs with referenc��o this ❑eed af Trus�and�he Indebtedness by way of�orbearance�r
<br /> extension withaut�t-e�easing Trusto�from t�e ob�igatians o�this�eed of Trust o�jia�slsty under the 6ndebtedness.
<br /> Time�s of the Essen�e. Time is of the essence in�he perfarmance afi�his Deed of Trust.
<br /> Wa�ver of Hor-nestead Exemp#ion, Trustor hereby r�I�ases and waives aIr rights and b�nefi�s o� the hom�stead
<br /> exemptian laws a��he State of I�ebraska as�a aII lndebtedness secured by this ❑eed of Yrust,
<br /> DEFfNITIONS. The f�llawing words sha�i ha�e th�tollawing meanings wh�n used in this ❑eed ❑f Trust:
<br /> 6enefrciary. The ward �`geneficiary" means Exchange Bank, and its suGces�ors and assigns.
<br /> Borrvwer. The word �Borrowe�" means Mi�he�ie L Ruzicka and incIudes all cv�signers and ca-maker-s signing �he
<br /> Credi�Agreemen�and a11 their successvrs and as�igns.
<br /> Credit Agr�emen�, The words ttCredit Agr�ementtt mean the credit agreement dated March ��, 2�'i 7, with
<br /> credit �im�t ❑f $4a,Q��.�D�ram Trusto�t❑ Lender, together with a[l renewals of, ext�nsions❑�, modifica�ians
<br /> of, refinancings a�F, �vnsa�idations of. and substi�utions for the promissary note ❑�- agreemen�. N�T10E T�
<br /> TRUST�R: THE CREDIT AGREENIENT��NTA�NS A VARIABLE INTEREST RATE.
<br /> Deed ❑t Trust. The words TMDeed ❑f T�ust" mean this Deed �� Trust �mong Trustor, L�nderr and Trusteer and
<br /> inciudes without fimi�ation aII assignmenf and se�urity inte�est prv�isions relating to the Personal P�-operty and
<br /> R�n�s.
<br /> Envirvnmenta� Laws. The w�rds "Environmental Lawstt mean any and all s�a�e, federal and 1o�a! s�atutes,
<br /> regulations and ❑rdinanc�� relating �o the prvte��ion o� human hea�th ar the en�iranment, incIuding withou�
<br /> 1imi�ation the Comprehensi�� En�ironmenta� Response� Campensativn, and Liahili�y Act of '!98�, as amended, 4�
<br /> U.S.C. Se�tion 96Q'i, ef seq. �ttCERGLA"�, the Superfund Amendments and Reautharization Ac� o� �986r Pub, L.
<br /> No. 99�493 {"�ARA"�,the Ha�ard�us Materia�s Tran�portatian Act, 49 U.S.C, Sectian 'f 8�'I, et seq.,the Resou�-ce
<br /> �anservation and Reco�ery Ac�, 4� U.S.C. Section C901, et seq., or o�he�applicahle s�kat� or tederal laws, rules�
<br /> or reguIa�ions adop�ed pursuan�thereto.
<br /> Event of Default. The w�rds '�E�ent o�De�auIt'� mean any of the e�en�s of default s�t forkh in fhis De�d o�Trust in
<br /> the events❑f defauI�sec�ion o��his I�eed ot Trus�.
<br /> Exist'rng indebtedness. The vvards "Existing lndeb�ednessTM mean �he indebtedness described in the Existing Liens
<br /> pro�ision of this Deed o�Tr-us-�.
<br /> Hazard�us 5ubsfances. The wo�ds "Hazardaus 5ubstances" mean ma�erials tha�, be�aus� of �heir quan�ify,
<br /> �oncentrazton o� physica�r chemsca� flr infectious chara�teristics, may cause ar pose a present or potential hazat-d
<br /> to human heaIth or the environmen�when impraperly used, t�eafed, stor�dr dispos�d o�, generated, manufac�ured,
<br /> �ransp�rted or othe�-wise hand�ed. The wards "Hazardous 5ubs�ances" ar� used in their�ery broadest sense and
<br /> include w��hout Iimi�atian any and a1� hazardous or taxic substances, materials ar waste as defined by or Iisted
<br /> under�khe Environmental Laws. The te�m "�{aza�-d�us 5ubstanc��" aisa in�ludes, wi�hou��im's�atton, p�troleum and
<br /> petr��eum by-produ�ts or any fraction thereof and asbestos.
<br /> [mprvvements. The word "Impravementsn means aI! existing and future improvements, buildings, structures,
<br /> mabile homes affixed on �he Real Proper-ty, facilities, additians, repIa�ements and other- construction on the Real
<br /> Property.
<br /> lndebtedness. The word "lndeb�ednessTM means aI� prin�ipa�, in�erest, and ❑fher amoun�sf cosfs and expenses
<br /> payable under the Credit Agreemen� ❑r �ela�ed ❑ocuments, together wi�h aII renewals o�� �xten�ians of,
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