|
DEED OF TRUST 20030060
<br />Loan No: 1641711 (Continued) Page 6
<br />assignment and security interest provisions relating to the Personal Property and Rents.
<br />Default. 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. ( "CERCI -N% the Superfund Amendments and
<br />Reauthorization Act of 1986, Pub. L. No. 99-499 ( "SARA"), the Hazardous Materials Transportation Act, 49 U.S.D. 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 Default. 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 parry to Lender, including without
<br />limitation a guaranty of all or part of the Note.
<br />Havartlous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, concentration 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, stored, disposed of, generated, manufactured, transported or otherwise handled. The words "Hazardous Substances" are
<br />used in their very broadest sense 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 Dead of Trust.
<br />Lender. The word "Lender' means United Nebraska Bank, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated January 14, 2003, In the original Principal amount of $60,000.00
<br />from Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations of, and substitutions for
<br />the promissory note or agreement. The maturity date of this Deed of Trust is July 14, 2003.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or hereafter
<br />owned by Trustoq 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 deposition 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 "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental
<br />agreements, guaranties, 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'Aents" means all present and future rents, revenues, income, Issues, royalties, profits, and other benefits derived from the
<br />Property.
<br />Trustee. The word'Trustes" means United Nebraska Bank , whose address Is 700 N. Webb, Grand Island, NE 68802 and any substitute or
<br />successor trustees.
<br />Trustor. The word'Trustor' means GARY E VALASEK and MARY G VALASEK.
<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 />r
<br />x yYE A /
<br />GARY E ASEK, In vitlual
<br />n
<br />1d, A
<br />X /./ )12h I L , /1 � ...F A.eN a.
<br />MARYIG VALMEK, IKtllVidually
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF I
<br />O ISS
<br />COUNTY OF 7 I
<br />On this day before me, the undersigned Notary Public, personally appeared GARY E VALASE ( and MARY G VALASEK, HUSBAND AND WIFE,
<br />to me known to be the indwidu Is descr,bad in and who executed the Deed of Trust, a cknowledged that they signed the Deed of Trust as
<br />their free and voluntary act and or the uses antl u o emin mentioned 1
<br />Given under my hand and o clal�ap a� / tlay of �� / ,
<br />for the
<br />`�Oq / My commission expires
<br />t.:
<br />
|