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202.402891 <br />Severability. If a court of competent jurisdiction finds any provision of this Deed of Trust to be illegal, invalid, <br />or unenforceable as to any circumstance, that finding shall not make the offending provision illegal, invalid, or <br />unenforceable as to any other circumstance. If feasible, the offending provision shall be considered modified so <br />that it becomes legal, valid and enforceable. If the offending provision cannot be so modified, it shall be <br />considered deleted from this Deed of Trust. Unless otherwise required by law, the illegality, invalidity, or <br />unenforceability of any provision of this Deed of Trust shall not affect the legality, validity or enforceability of <br />any 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'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 becomes vested in a person other than Trustor, Lender, without notice to Trustor, <br />may deal with Trustor's successors with reference to this Deed of Trust and the Indebtedness by way of <br />forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under <br />the Indebtedness. <br />Time is of the Essence. Time is of the essence in the performance of this Deed of Trust. <br />Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead <br />exemption laws of the State of Nebraska as to all Indebtedness secured by this Deed of Trust. <br />DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this <br />Deed of Trust. Unless specifically stated to the contrary, all references to dollar amounts shall mean amounts in <br />lawful money of the United States of America, Words and terms used in the singular shall include the plural, and the <br />plural shall include the singular, as the context may require. Words and terms not otherwise defined in this Deed of <br />Trust shall have the meanings attributed to such terms in the Uniform Commercial Code: <br />Beneficiary. The word "Beneficiary" means NebraskaLand Bank, and its successors and assigns. <br />Borrower. The word "Borrower" means Innate 8, LLC and includes all co-signers and co -makers signing the <br />Notes and all their successors and assigns. <br />Deed of Trust. The words "Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and <br />includes without limitation all assignment and security interest provisions relating to the Personal Property and <br />Rents. <br />Environmental Laws. The words "Environmental Laws" mean any and all state, federal and local statutes, <br />regulations and ordinances relating to the protection of human health or the environment, including without <br />limitation the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended, <br />42 U.S.C. Section 9601, et seq. ("CERCLA"), the Superfund Amendments and Reauthorization Act of 1986, <br />Pub, L. No. 99-499 ("SARA"), the Hazardous Materials Transportation Act, 49 U.S.C. Section 1801, et seq., <br />the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq., or other applicable state or <br />federal laws, rules, or regulations adopted pursuant thereto. <br />Event of Default. The words "Event of Default" mean: (a) any of the events of default set forth in this Deed of <br />Trust in the events of default section of this Deed of Trust; and (b) any other default or event of default with <br />respect to the Indebtedness or under any of the Related Documents. <br />Guarantor. The word "Guarantor" means any guarantor, surety, or accommodation party of any or all of the <br />Indebtedness. <br />Guaranty. The word "Guaranty" means the guaranty from Guarantor to Lender, including without limitation a <br />guaranty of all or part of the Notes. <br />Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, <br />concentration or physical, chemical or infectious characteristics, may cause or pose a present or potential hazard <br />12 <br />