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DEED OF TRUST
<br />(Continued)
<br />202501545
<br />Page 7
<br />Event of Default. The words "Event of Default" mean any of the events of default set forth in this Deed of Trust in
<br />the events of default section of this Deed of Trust.
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to
<br />Lender, including without limitation a guaranty of all or part of the Note.
<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 />to human health or the environment when improperly used, treated, stored, disposed of, generated, manufactured,
<br />transported or otherwise handled. The words "Hazardous Substances" are used in their very broadest sense and
<br />include without limitation any and all hazardous or toxic substances, materials or waste as defined by or listed
<br />under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petroleum and
<br />petroleum by-products or any fraction thereof and asbestos.
<br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, facilities, additions, replacements and other construction on the Real
<br />Property.
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses
<br />payable under the Note or Related Documents, together with all renewals of, extensions of, modifications of,
<br />consolidations of and substitutions for the Note or Related Documents and any amounts expended or advanced by
<br />Lender to discharge Trustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor's
<br />obligations under this Deed of Trust, together with interest on such amounts as provided in this Deed of Trust.
<br />Lender. The word "Lender" means Equitable Bank, its successors and assigns. The words "successors or
<br />assigns" mean any person or company that acquires any interest in the Note.
<br />Note. The word "Note" means the promissory note dated March 28, 2025, in the original principal amount
<br />of $325,000.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of,
<br />refinancings of, consolidations of, and substitutions for the promissory note or agreement. The maturity date of
<br />this Deed of Trust is March 1, 2026.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal
<br />property now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property;
<br />together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such
<br />property; and together with all proceeds (including without limitation all insurance proceeds and refunds of
<br />premiums) from any sale or other disposition of the Property.
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this
<br />Deed of Trust.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and
<br />other benefits derived from the Property.
<br />Trustee. The word "Trustee" means Equitable Bank (Grand Island Region), whose address is 113 N Locust St; PO
<br />Box 160, Grand Island, NE 68802-0160 and any substitute or successor trustees.
<br />Trustor. The word "Trustor" means Danielle Schaeffer and Robert Schaeffer.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH
<br />TRUSTOR AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />X O4Oq
<br />Danielle effer
<br />3 a as
<br />X obL 4-?5
<br />ert Schae e
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF/\J VrLCd1I(1—
<br />COUNTY OF
<br />liar)
<br />)
<br />SS
<br />)
<br />On this day before me, the undersigned Notary Public, personally appeared Danielle Schaeffer and Robert Schaeffer,
<br />Wife and Husband, to me known to be the individuals described in and who executed the Deed of Trust, and
<br />acknowledged that they signed the Deed of Trust as their free and voluntary act and deed, for the uses and purposes
<br />therein mentioned. /n�
<br />Given under my hand and official seal this «0 day of L,1l (Ch
<br />joke
<br />GENERAL NOTARY - State of Nebraska
<br />MARNIE SCHAGER SUNDERMEIER
<br />My Comm. Exp. September 8, 2027
<br />Printed Name:
<br />Notary Public i and,r
<br />for_theiSt/ate of
<br />Residing at ?Y Cowl/ J ? /Q4t
<br />My commission expires Gal
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