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DEED OF TRUST 20,0 4 0 4 314
<br />(Continued) Page 6
<br />Deed of TrusL The words "Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and includes without limitation all
<br />assignment and security interest provisions relating to the Personal Property and Rents.
<br />DshPAL The word "Default" means the Default set forth in this Deed of Trust in the section titled "Default".
<br />Environmental Laws. The words "Environmental Laws" mean any and all state, federal and local statutes, regulations and ordinances
<br />relating to the protection of human health or the environment, including without limitation the Comprehensive Environmental Response,
<br />Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Section 9601, at seq. ( "CERCLA "), the Superfund Amendments and
<br />Reauthorization Act of 1986, Pub. L. No. 99 -499 ( "SARA "), the Hazardous Materials Transportation Act, 49 U.S.C. Section 1801, at seq., the
<br />Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, at seq., or other applicable state or federal laws, rules, or regulations
<br />adopted pursuant thereto.
<br />Event of DefaulL The words "Event of Default" mean any of the events of default set forth in this Deed of Trust in the events of default
<br />section of this Deed of Trust.
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including without
<br />limitation a guaranty of all or part of the Note.
<br />Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, conoor*eton or physical,
<br />chemical or infectious characteristics, may cause or pose a present or potential hazard to human health or the environment when Improperly
<br />used, treated, storgd, disposed. of, generated, manufactured, transported or otherwise handled. The words "Hazardous Substances" are
<br />used in their very ftedest some and Include without limitation any and all hazardous or toxic substances, materials or waste as defined by
<br />or listed under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petroleum and petroleum
<br />by- products or any fraction thereof and asbestos.
<br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures, mobile homes affixed on the
<br />Real Property, facilities, additions, replacements and other construction on the Real Property.
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses payable under the Note or
<br />Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the Note or Related
<br />Documents and any amounts expended or advanced by Lender to discharge Trustor's obligations or expenses incurred by Trustee or
<br />Lender to enforce Trustor's obligations under this Deed of Trust, together with interest on such amounts as provided in this Deed of Trust.
<br />Specifically, without limitation, Indebtedness includes all amounts that may be indirectly secured by the Cross - Collateralization provision of
<br />this Deed of Trust.
<br />Lender. The word "Lender" means FIRST NATIONAL BANK, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated April 29, 2004, In the original principal amount of $80,092.44 from
<br />Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations of, and substitutions for the
<br />promissory note or agreement. The maturity date of this Deed of Trust is May 10, 2024. NOTICE TO TRUSTOR: THE NOTE CONTAINS A
<br />VARIABLE INTEREST RATE.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or hereafter
<br />owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and additions to, all
<br />replacements of, and all substitutions for, any of such property; and together with all proceeds (including without limitation all insurance
<br />proceeds and refunds of 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 Deed of Trust.
<br />Related Documents. The words "Relslad QocumeW,, rr+s #A,Vwz* wry ,notes, credit agreements, loan agreements, environmental
<br />agreements_ gu8tantes..security agreements, mortgages, deeds of trust, security deeds, - collateral mortgages, and all other instruments,
<br />agreements and documents, whether now or hereafter existing, executed in connection with the Indebtedness.
<br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and other benefits derived from the
<br />Property.
<br />Trustee. The word *Trustee" means FIRST NATIONAL BANK, whose address is P.O. Box 508, Schuyler, NE 68661 and any substitute or
<br />successor trustees.
<br />Trustor. The word " Trustor" means Larry D. Jensen and Marilyn A. Jensen.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO
<br />ITS TERMS.
<br />TRUSTOR:
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF Nebr4hka `
<br />) SS
<br />COUNTY OF Colfax )
<br />On this day before me, the undersigned Notary Public, personally appeared Larry D. Jensen and Marilyn A. Jensen, to me known to be the
<br />individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Deed of Trust as their free and voluntary act
<br />and deed, for the uses and purposes therein mentioned.
<br />Given under my hand and official seal this 29th day of April 04
<br />BY /►
<br />� M b Notary PubilA an n for the State of Nebraska
<br />dfM129MKI Residing at Schuyler°•
<br />Dra2d,�05 `
<br />My commission expires December 28, 2005
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