|
2� 17�2393
<br /> �EE�3 �F TRUST
<br /> Loan No: 7�'!3��5'19 {Contir�u�d} Page 5
<br /> Go�erf�ing Law. This Deed af Trust wiit be governed by �ederal �aw �pp�i�ab�e �a Lender and, tv the extent nat
<br /> preemt3�ed hy federal law,the�aws af the State o�Neh�aska w�#hvu�regard to its�vnf�ic#s of[aw proWisions. This
<br /> Deed cff Trust has been accepted by Lender in the State vf Nebraska.
<br /> Time i:�of the Essence. Time is o�the essence in�he performan�e❑f�his Deed��Trus�.
<br /> V�aiver of Hamestead Exemp#ion. Trustor hereby releases and waives a�l righ�s and beneti�s o� the hamestead
<br /> exempti�n laws�f the State❑�Nebraska as to a!I lndebtedness se�ured by this ❑eed of Trust.
<br /> DEF�NITIQI�S. The�o�lvwing words shali ha�e the foilowing meanings wh�n used in�his Deed of Trus�;
<br /> Beneft:iary. The word "6ene�iciary" means Five Points Bank, and its suGGessars and assigns.
<br /> Borrawrer. The word "gvrrav►rer" means CHARLES J RAMDLQ and C4NNiE K RAMDLD and includes all co-signers
<br /> and co�makers signing the Credit Agreement and a!�their successars and assign�.
<br /> Gredit Agreement. The words "Credi�Agreement" mean the credit agreemsnt da�ed AQril �"�, 2Q3 7, �nrith �redit
<br /> Ilmit �Df $7 5.D��.�� from Trus#ar ta Lender, tvgether with a�l renewals ❑�, ex�ensians of. mvdificat�ons ot.
<br /> refinancings fl#r �onsalida�ivns vf, and subs�ifiu�ions fvr the prvmissory note or agreement.
<br /> Dee� «f Trust. The words "Deed of Trust" mean �his D�ed of Trus� among Trustor, Lender, and Trustee, and
<br /> includEs vui�hout lim�ta�ion a!i ass�gnment and security interes� prv�isions rela�ing tv �he Personal Proper�y and
<br /> Ren�s.
<br /> Enviro��men�al Laws. The words "En�iranmental Laws" mean any and aI� s�ate, �ederal and l��a! s�a�u�es,
<br /> regu�a�ians and ard�nances re�ating to the pro�ec��on ❑� human hea��h ❑r �he en�iranmen#. including without
<br /> limitation the Comprehensi�e En�ironmental Response. Campensatian, and Liability Act�� 198D, as amended. 42
<br /> U.S.C. Se�tion 96��, et seq. t"CERCLA"}, the Superfund Amendments and Reauthor��a��vn Act of 198�, Pub. L.
<br /> Na. 9°�-499 {"SARA"y, the �lazardvus Materials Transporta�ifln Act,49 �l.S.C. Sec�i�n �8�1.et seq.,the Resaur�e
<br /> Canservat�on and Recovery Act. 42 U.S.�. Secti�n �9�1, et seq., or ather appl�cable state ar fiederal laws, rules.
<br /> ❑r regulatians adopted pursuant theretv.
<br /> Event��t Defau[t. The wards "E�en�o�De�autt" msan any vf the e�ents of defau�t se��orth in this Deed af Trust in
<br /> the evc;n�s❑f de�ault sectian a�this Deed of Trus�.
<br /> Ex�sting [ndebtedness. The words "Existing Indeh�edness" mean �he indebtedness descri�ed in the Existing Liens
<br /> pro�isi'an vf�his Deed o#Trus�,
<br /> .
<br /> Imprn�remen�s. The word "improvements" means all exis�ing and future imprv�ements, buildings, struc�ures,
<br /> mobile�homes a�fixed on �he Rea1 Property, �acilities, additians. repla�ements and a�her cans�ruc�ion ❑n the Reai
<br /> Prvper�ty. . .... V. ...
<br /> . _ �
<br /> [ndeht+:dness. The word "lndeb�edness" means'a!I princ�pal, in�erest,� and other amoun�s, cvsts and expenses
<br /> payah�e under �he Credit Agreement ar Related Documents. tage�her vi►ith all renewals o�. extensi�ns a�,
<br /> ...�._._
<br /> modifirations o�. consolida�ions of and suhstitutEvns ��or the Credit �gre�ment or Re[ated Documents and any
<br /> amounts exp�nded.ar ad�anced hy Lender �fl discharge Trustor's abligations ❑r expenses incurred by Trustee ar
<br /> Lender to enforce Trustar's obligatians under this Deed a� Trus�, tagether w�th interes� an such amounrs as
<br /> p�-v�id�:d in this Deed o�Trus�.
<br /> Lender. The ward "Lender" means Five Pain�s gank, �ts successars and assigns. The wards "successors or
<br /> assigns" mean any persvn or�ompany that acquires any in�erest in�he Credit Agreement.
<br /> Persvrval Proper�y. The wards "Personal Property" mean all equ�pmen�. �ix�ures� and vther articles af persona!
<br /> prvper�ty now ar hereafter awned by Trustor, and now �r hereaf�er at�ached or a��ixed �o �he Real Property;
<br /> togs�her wi�h all a�cessions, parts, and additians �v, all replacements ��F, and all substituti�ns fvr, any ❑f such
<br /> property; and toge�her wi�h ail praceeds tinc�uding wi�hvut limi�ation al[ insurance proceeds and re�unds of
<br /> premzumsf �rvm any sale or oth�r dispositivn o#the Property.
<br /> Property. The word "Proper�y" means coil�ct��ely the Real Property and the Personal Prvper'ty.
<br /> Rea[ Property. The words "Rea[ Property" mean�he real prvperty, interests and rights, as further descrjbed in this
<br /> Deed c�f Trust.�
<br /> Re[ate+� Documents. The ►rvflrds "Rela�ed Documents" mean a!E promissory nvtes, credi� agreements, fvan
<br /> agreen�ents, en�iranmental agreemen�s� guaran�ies, securi�y agr�ements, mar�gages� deeds vf �rus�, securi�y
<br /> deeds. cvllatera� mvr�gages. and all o�her instruments, agreements and documents. whether now or hereafter
<br /> exis�ing, executed in cannec�ivn with�he Indeb�edness.
<br /> Ren#s. The ward "Rents" means ail presen� and �uture �ents, re�enues, in�ome, issues, roya��ies. pro�i�s, and
<br /> other��ene�i�s deri�ed fr�m the Property.
<br /> Trustee. The word "Trustee" means Fi�e Points Bank, whose address is P.� Box '�5D7, Grand Island. NE
<br /> G88Q�-7 5�7 and any substitute ar su�c�ss�r trustees.
<br /> Trustar. The►►vord "Trustar" means CHARLES J RAM�LD and C�NNiE� RAMDLD.
<br />
|