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2� 17� 19�8
<br /> DEED �F TRUST
<br /> Loan Nn: ��'I�D34�2 t�ontinued� Page 8
<br /> cour�s❑f Hall County, 5tate❑f Nebraska.
<br /> Joint and 5everal Liability. A[[ obfigations o� Trustor under �his �eed of Trus� shall be joinfi and seWerai� and all
<br /> references tv Trus��r shall mean each and e�ery Trustar. Th�s means that each Trus�ar signing below is
<br /> respvnsible for a[l ob[igatEvns in this Deed of Trus-�.
<br /> No Vllaiver by Lender. Trustvr understands Lender will no�giWe up any ❑fi Lender's rights under�his Deed of Trust
<br /> unless Lender dves so in v►rri�ing. The �act �ha� Lender delays ar amits fifl exercise any righ-� wil[ nv� mean tha�
<br /> Lender has gi�en up that righ�. If Lender dves agree in writing to gi�e up one vf Lender's rights, that daes nat
<br /> mean Trusfor wi[[ nat haWe �o �omply with the ather prv�isivns of this De�d ❑f Trust. Trus�or also understands
<br /> that if Lender does cansenf �v a request, that dves nat mean thafi Trus-tor will nvt ha�e to get Lender's �onsent
<br /> again if the situativn happens again. Trus�or�urther understands that just because Lender cvnsents to ane or more
<br /> afi Trustor's �eques�s, that daes not mean L�nd�r will be required �o consent ta any of Trustvr`s future requests.
<br /> Trustvr waives presentmenfi,demand�or payment, pratest, and nofiice❑f dishonor.
<br /> Se�erabiIity. lf a Gvurt finds that any proWisian of�his Deed o�Trust is not �alid ❑r shou�d nat be enforc�d, that
<br /> fact by itse[f wEf� nat m�an�haf the res�o�fihis Deed v�Trusfi will not be�alid ❑r enfor�ed. There�ore, a cour�wili
<br /> enforce the res�v�the prv�isions of this Deed�f Trust e�en if a pro�ision of this Deed vfi Trust may be�ound fiv be
<br /> in�a[id ar unenfarceable. `.
<br /> S�1CCL'SS�I'S and Assigns. Subject�o any limita�i�ns s�a��d in �his Deed af Trus� ❑n �ransfer ❑f Trustor's in�erest,
<br /> �his Deed o�F Trust shall be binding upon and inure to the benefit �f the parties, their successors and assigns. I�
<br /> ownership v�fihe Praper�y becomes �es�ed in a person ❑ther�han Trustor, Lender, wifihout nvti�e ta Trustor, may
<br /> dea� wi�h Trustor's successors wi�h reference�o fihis Deed o�T�ust and�he indebtedness by way����rbearance or
<br /> �xtensian without r�leasing Trustvr frvm�he vbliga�ions�-��his Deed vf Trust or liability under th� Inde�tedness.
<br /> Time is of�he Essence. Time is vf�he essence in the perfvrmance vf�his Deed of Trust.
<br /> �JVai�er af Hvmestead Exemption. Trus�or hereby refeases and wai�es all rights and benefits af �he hvmes�ead
<br /> exempfiion laws ❑f the State of Nebraska as to all Indebtedness secured by this Deed af Trust.
<br /> DEFINITl�NS. The follov►ring words shall haWe the following meanings when used in this Deed of Trus�:
<br /> Beneficiary. The word "Beneficiary" means FiWe Points Bank, and its successars and assigns.
<br /> Bvrrower. The ward "Borrower" means KL1RT F. IVICCALLUM and SHIRLEY IVI. MCCALLLIM and includes all
<br /> ca--signers and cv--makers signing�he Nate and all their successars and assigns.
<br /> Deed af Trust. The words "Deed vf Trust" mean �his Deed vf Trust among Trustor, Lender, and Trustee, and
<br /> includes wi�hau� limitatian all assignment and securifiy infierest pro�isians rela�ing to th� Persana[ Property and
<br /> Renfis.
<br /> Environmental Laws. Th� words "En�ironm�nta[ Laws" mean any and all state, �Federa[ and local statutes,
<br /> regula�ions and ❑rdinances relating �o �he pra�ection of human heal�h or the enWirvnm�n�, inc[uding without
<br /> l�mi�a�ion the Comprehensive En�iranmental Response, Compensativn, and Liabi[ity A�� of �98�, as amended, 4�
<br /> U.S.C. Sec�ion 964�� et seq. {"CERCLA"�, the Super�und Amendmen�s and Reautharizatian Ac� of �985, Pub. L.
<br /> No. 99-499 {"SARA"�,�he Ha�ardvus Ma�erials Transportation Act, 49 U.S.C. Secfiion �8��, efi seq.,fihe Resource
<br /> Conser�ation and Reca�ery Ac�, 42 U.S.C. Sectivn 69��, et seq., ❑r o�her applicab[e state ❑r#ederal laws, rules,
<br /> or regu[ativns advpted pursuant thereto.
<br /> E�ent of Defaul�. The words "EWent of❑efault" mean any❑f the e�ents nf de�Fau[t set�orth in this Deed ❑f Trust in
<br /> the e�ents of de�ault sec�ion o�fhis ❑eed o�Trus�.
<br /> Hazardous Suhs�ances. The words "Hazardous Substances" mean materials that, because o� fiheir quant�ty,
<br /> concentrat�on or physical, chemical ❑r in�ec�ious characteristics, may cause or pose a present or pvtential hazard
<br /> to human heaith ❑r the en��ronment when imprvperly used, treated, stored, dispased ❑f, generated. manufactured.
<br /> transported or otherwise handled. The words "Hazardous Substances" are used in their�ery brvadest sense and
<br /> include withvut limitafiion any and all hazardous or toxic subs�ances, ma�teria[s �r waste as defined by or lis�ed
<br /> under th� En�irvnmental Laws. The term "Hazardvus Su�stances" also inc[ud�s. wi�hou�limi�a�ian, pe�roleum and
<br /> pe�rvleum by-pr�duc�s or any�racfiion�hereo�and asbesfi�s.
<br /> Imp�a��ments. The ward "Impr��ements" means all existing and future impro�ements, bui�dings, structures,
<br /> mobile hom�s affixed on �he Real Proper�y, �acilities. addi�ions, r�placements and other canstructian ❑n the R�al
<br /> Praperty.
<br /> Indebtedness. The word "Indebtedness" means all principal, interest, and o�her amounts, casts and �xpenses
<br /> payab[e und�r the Nvte vr Related ❑acuments, tvgether with all renewals ❑f, extensions ❑f, madifications ❑#,
<br /> cansolidations of and substi�uti�ns ��r th� No�e ❑r Rela�ed Dvcum�n�s and any amaunts exp�nded ar ad�anced by
<br /> Lender �o discharge Trus�or's vbligafii�ns ❑r expenses incurred by Trustee vr Lender ta enforce Trus�ar's
<br /> ❑bligations under �his aeed v� Trusfi, together wi�h interest an such amounts as pro�ided in �his Deed �� Trus�.
<br /> Specifica[[y, wi�hou� limitation, Indebtedness includes the future ad�ances se� forth in the Future Ad�an�es
<br /> prv�isian of�his L7eed vf Trus�,�vge�her with all in�eres��hereon.
<br /> Lender. The word "Lender" means Fi�e Pvints gank, i�s successors and assigns. The words "successars or
<br /> assigns" mean any person�r company�hat a�quires any interest in�he N��e.
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