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2� 17� 1912
<br /> DEED �F �'RUST
<br /> Loan Nv: 'i�'13��5�'i tContinued} Page 5
<br /> preemp�ed hy f�deral faw,�he laws o�the 5ta�e of Nehraska withvut regard to i�s cvnfl�cts of[aw pro��sivns. This
<br /> Deed o�Trus�has been ac�ep�ed by Lender in the State of Nehraska.
<br /> Time�s o�th�Essen�e. Time is a�the essence in�he per�vrmance o�this Qeed�f Trust.
<br /> Waiver o� Hamestead Exemp#ivu�. Trustar hereby releases and waives a�[ rights and bene#its of the hamestead
<br /> exemptivn laws of the 5�at�o�Nebrasf�a as�o all fndebtedness secured by this Deed o�T�ust.
<br /> DEFlN�TI�]N5. Th��ollowing wvrds sha[� have�he�allowing m�anings when used in this Deed o�Trust:
<br /> Bene�iciary. The word "Bene�iciary" means Fi�e Pain�s Banl�, and i�s successvrs and assigns.
<br /> Bvrrower. The word "Borrawer" means gRDCK J EMERY and VAL�RIE E EMERY and includes all co-signers and
<br /> co-mal�ers signing the Credit Agreement and afl th�ir successors and assigns.
<br /> Credi� Agreement. The wards "Credit Agreement" mean the credit agreement dated Mar�h ��-. ��17, �V►l�th
<br /> credit �imit of $��,��0.��firam Trustar to Lender,toge�her with a�� renewals a�� extensians ❑f, modi�icatians
<br /> vf� re�inancings �f� conso�idations o�. and substitu�ions for�he prom�ssory note or agreement.
<br /> Deed o� Trust. The ►rvords "Deed of Trust" mean this Deed af Trust among Trustor, Lender, and Trus�ee. and
<br /> �nc[udes wi#hou� [�mita�ion al! assignmen� and se�urity in�erest pro�isions �refating to the Persvnal Praperty and
<br /> Rents.
<br /> En�ironmental Laws. The words "Environm�nta! Laws" mean any and all state, �ederal and local statutes,
<br /> regu�ations and ordinances relating �v �he protec�tivn v� human heai#h vr the en�ironment, in�luding wi�hvut
<br /> �imitation the �nmprehensi�e En�ironmental Response, Cvmpensativn, and LiabElity Ac� ❑� �98�, as amended, 42
<br /> EJ.S.C. 5ect�on 9G01, et seq. �"CERCLA"�► the Superfund Amendments and Reauthorization Act af 'I 98�, Pub. L.
<br /> Na. 99--499 �"SARA"�,the Haza�-dvus Materials TranspQrtativn Act, 4-9 U.S.C. S��tion '[8�'I, et seq..the Resvurce
<br /> Conser�ativn and Reco�ery Ac�, 4� U.S.C. Sectivn 69D�, et seq., ar other appEicab�e s#ate vr federal laws. rufes,
<br /> or�egulativns advpted pursuant�hereto.
<br /> Even#of De�au�t. The words "E�ent❑fi De�ault" m�an any a�the e�ents�f de�ault set forth in this Deed of Trust in
<br /> �he e�ents o�default section❑f this Deed o�Trust.
<br /> Exis#ing Indebtedness. The words "Existing lndeb�edness" mean �he indebtedness described in the Exis��ng Liens
<br /> prv�ision of this ❑eed af Trus�.
<br /> Improvements. The wvrd "lmpro�ements" means ail exis�ing and �u�ure impro�ements, buildings, s�ructures,
<br /> mabile homes af�ixed on the Real Property, faci���ies, additions, replacements and o�her cons�ruction ❑n the �eal
<br /> Prvperfiy.
<br /> Indeb�edness. The word "Indebtedness" means aii principa[.�r in�erest,,�and ather�amounts, casts and expenses
<br /> payable under the Credi� Agreemen� or Related Dacuments, .together with,a�� renewals of, extensions o�,
<br /> mad�fications of, consolidations o� and suhstitutions for the, Cred,it�.Agr=eemen� or Reiated Documents and any
<br /> amaun#s expended �r ad�anced by Lender t� discharge Trustar's,vbliga�ions��r expenses incu�red by Trustee or
<br /> Lender to enforce Trus�vr's ob�igatEons under �his Deed--ofi��Trust;�-��ogetM�r�-w��h interest on such amounts as
<br /> prv�ided in�his Deed�f Trust.
<br /> Lender. The word "Lender" m�ans Fi�e Po�nts BanE�, its successors and assigns. The wvrds "successars or
<br /> assigns" mean any person or company�hat acquires any int�r�s�in th�Credit Agreemen�.
<br /> Persanal Property. The ►nr�rds "Persanal Praper�y" mean all �quipment� �iX�UI"�5r and other articEes vf personai
<br /> property now ar hereafter ❑wn�d by Trus�vr, and now or hereafter attached or a��ixed �a the Reai Proper�yr
<br /> �ogether with all accessians, pa��s, and addi�ians to, al� replac�ments of, and al� subs���utivns for, any o� such
<br /> prope�r�y; and tagether wi�h all prviceeds tinc�uding wi�hout limrta'�ian aii insurance proceeds and retunds of
<br /> premiumsy �rom any sa[e❑r other dispvsE#ion❑�the Praper�y.
<br /> Property. The word "P�aperty" means�ollectively the Real Prvperty and the Persvnai Prvperty.
<br /> Real Property. The vuvrds "Real P�aper#y" mean�he rea� property, interests and righ�s, as �urther descr�bed in this
<br /> �3eed of Trust.
<br /> Rela#ed Documents. The words "Related Docum�n�s" mean all promissvey nates, credit agreements, ioan
<br /> agreements, en�irvnmen�al agreements, guaranties, se�urity agre�men�s, martgages, deeds ❑� �rust, secu�i�y
<br /> deeds, col�a�eral martgages, and aii other instruments, agreements and dvcuments, whe�ther nvw vr herea�ter
<br /> existing, exe�uted in connection with the Ind�btedness.
<br /> Ren�s. Th� word "Rents" means all present and �uture rents, re�enues, income, issues, royal#ies, prv�its, and
<br /> other bene�rts�erEWed fram the Praper�y.
<br /> Trustee. The ward "Trustee" means Fi�e P�ints Bank, whose address is P.4 Bflx �5�7, Grand Island, NE
<br /> 688fl2-�5�7 and any substi�u�e or successor trus�t�es.
<br /> Trustor. The word "Trustor" means BROCEC J EMERY and VALERfE E E1VlERY.
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