201704548
<br />DEED OF TRUST
<br />Loan No: 81010925 (Continued) Page 7
<br />agreement of the parties as to the matters set forth in this Deed of Trust. No alteration of or amendment to this
<br />Deed of Trust shall be effective unless given in writing and signed by the party or parties sought to be charged OT
<br />bound by the alteration or arnendment.
<br />Annual Reports. If the Propeirty is used for purposes other than Trustor T S residence, Trustar shal[ furnish to
<br />Lender', upon request, a certified statement of net operating incame received from the Property during Trustor's
<br />previous fiscal year in such form and detail as Lender shall require. "Net operating income" shall meari all cash
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<br />receipts from the Property less all cash expenditures made in connection with the operation of 1he Property.
<br />Caption Headings. Caption headings in this Dead of Trust are for Gonvenierice purposes only and are not to be
<br />used to interpret or define the provisions of this Deed of Trust.
<br />Merger. There shafl be no merger of the interest or estate created by this Deed of Trust with any other interest or
<br />estate in the Property at any time held by or for the benefit of Lender -in any capaclity, without the written consent
<br />of Lender.
<br />Goveirning Law. This Deed of Trust will be governed by federal law applicable to Lender and, to -the extent not
<br />preempted by federal law, the laws of the State of Nebraska without regard to its conflicts of law provisions. This
<br />Deed of Trust has been accepted by Lender in the State of Nebraska.
<br />Choice of Venue. If there is a lawsuit, Trustar agrees upon Lenderrs request to submit to the jurisdiction of the
<br />courts of Hall County, State of Nebraska.
<br />Joint and Several Liability. All obligations of Bc)rrovver and Trustor under this Deed of Trust shall be joint and
<br />several, and all references to Trustor shall mean each and every Trustor, and all references to Borrower shall mean
<br />each and every Borrc),uver- This means that each Trustor signing below iS TeSponsible for all obligations in this Deed
<br />of Trust.
<br />No Waiver by Lender. Lender shall not be deemed to have waived any rights under this Deed of Trust unless such
<br />waiveT- is given in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right
<br />shall operate as a waiver of such right or any other right. A waiver, by Lender of a provision of this Deed of Trust
<br />shall not prejudice or constitute a waiver of Lender's right otherwise to demand strict compliance with that
<br />provision or any other provision of this Deed of Trust. No prior waiver by Lender, nor any course of dealing
<br />between Lender and Trustor, Shall GOIIIStitUte a waiver of any of Lender"s rights or of any of Trustor T S obligations
<br />as to anV future transacfions. Whenever the consent of Lender is required under this Deed of Trust, the granting
<br />of such consent by Lender in any instance shall not c;anstitute continuing consent to subsequent instances where
<br />such consent is required and in all cases such consent may be granted or withheld in the sole disGration of Lender.
<br />Severability. If a cc)urt of competent jurisdiction finds any provision of this Deed of Trust to be Mega], invalid, or
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<br />unenforceable as to any circurnstance, that finding shall not make the �'Wfendlncj,
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<br />hall be�Aopsidecp ---.m�aclMed to
<br />urienf orceable as to any other circurnstance. If feasible, the off ending prq`v!sion-':s_
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<br />that -it becomes legal, valid and enfc)rreable. If the offending provisi
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<br />considered deleted from this Dead of Trust. Unless otherwise require' ��Qi r
<br />unenforceability of any provision of this Deed of Trust shall not affect the Jegality, validity ar enforceability of any
<br />other provision of this Deed of Trust.
<br />Successors and Assigns. Subject to any limitations stated in this Deed of Trust on transfer of Trustor T!S interest,
<br />this Deed of Trust shall be binding upon and inure to the benefit of the parties, their successors and assigns. If
<br />ownership of the Property becornes vested in a person other than Trustor, Lender, without notice to Trustor, may
<br />deal with Trustor's successors with reference to this Deed of Trust and the Indebtedness by way of forbearance or
<br />extension without releasing Trustor from the obligations of this Deed of Trust or liability under the Indebtedness.
<br />Time is of the Essence. Time is of the essence in the performance of this Deed of Trust.
<br />Waive Jury. All parties to this Deed of Trust hereby vvEdve the right to any jury tirial in any ac�fion, proGeeding, or
<br />counterclaim brought by any party againstany other party.
<br />Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead
<br />exe m ptio n I a vvs c)f the State of N eb ras ka a s to a 111 n d e bted nes s se c ured by th i s D eed o f Trust.
<br />DEFINITIONS. The following capitalized words and terms shall have the following meanings vvhen used in this Deed of
<br />Trust. Unless specifica[ly stated to the comrary, all references to dollar amounts shall mean amounts in lawful money
<br />of the United States of America. Words and terms used in the singular shall include the plural, and the plural shall
<br />include the singular, as the coritext may require. Words and terms not otherwise defined in this Deed of Trust shall
<br />have the meanings attributed to such terms in the Uniform Comi-nerGial Code:
<br />Beneficiary. The word "BeneficiaTy" rneans Equitable Bank, and its successors and assigns.
<br />Borrower. The word "Borrower" means MR. G'S CAR CARE CENTER, INC. and includes all co-signers and
<br />co -makers signing the Note and all their successors and assigns.
<br />Deed of Trust. The words 'Deed of Trust" mean this Deed of Trust amorig Trustor, Lender, and Trustee, and
<br />includes w1thout limitation all assignment and security interest provIsions relating to the Personal Properiy and
<br />Rents.
<br />Default. The word 'DefaultTr means the Default set forth In this Deed of Trust in the section titled "Default'
<br />Environmental Laws. The words rrEnvironmental Laws" r-nean any and all state, federal and local statutes,
<br />regulations and ardinarice!s relatling to the protection of human health or the environment, including without
<br />limitation the Comprehensive Environmental Response, Compensation, and Liab-111ily Act ot 19 30r as amended, 42
<br />U.S.C. Section 960 1, et seq, (' CERCLA'), the Superfu nd Amendments and Reauthorizatic)n Act of 1986, Pub. L.
<br />Na. 99-499 ("SARA"), the Hazardous Materials Transportatic)n Act, 49 U.S.C. Section 1801, et seq., the Resource
<br />Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq., or other applicable state or federal laws, rules,
<br />or regulations adopted pur-suant thereto.
<br />Event of Default. The words " Event of Default" mean any of the events of def ault set forth in this Deed of Trust in
<br />the e vents of def a ul t so ctio n of t h i s D eed of Trust.
<br />Guarantor. The ward rrGuarantor" means any guarantor, surety, or accommodation party of any or all of the
<br />Indebtedness.
<br />Guaranty. The word 'GuarantyT means the guaranty from Guarantor to Lender, including without limitation 8
<br />guaranty of all or part of the NWe.
<br />Hazardout Substances. The words "Hazardous Substances 11 mean materials that, beoause of their quanfity,
<br />concentratic)n or physical, chemical or infectious characteristics, may cause or pose a preserit or potential hazard
<br />to human health or the environment when improperly used, treated, stored, disposed of, generated, manufactured,
<br />transported or otherwise handled. The words "Hazardous SubstancesT are used in their very broadest sense and
<br />include without firnitation a ' ny and all hazardous or toxic substances, material's or waste as defined by or listed
<br />under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petraleum and
<br />petrc)[eurn by-products or any fraction therec)f and asbiastos.
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