|
Loan No: 1641711 200301163 DEED (ContOf nue) 200300605 Page
<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 Dead 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 1988, Pub. L. No. 9999 ( "SARA "), the Hamrdous 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 Default. The words "Event of Del lY mean any of the events of default set forth In this Dead of Trust in the events of default
<br />section of this Dead 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 pad of the Note.
<br />Hsmrtlous Substances. The words "Hamrdous Substances" mean materials that, because of their quantity, concentration or physical,
<br />chemical or Infectious charecterisfics, 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 "Hamrdous Substances" are
<br />used in their very broadest sense and include without limitation any and all moardous or toxic substances, materials or waste as dented by
<br />or listed under the Environmental Laws. The term "Hamrdous Substances" also Includes, without limitation, petroleum and petroleum
<br />by- products or any fractlon thereof and asbestos.
<br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures, mobile homes affixed on the
<br />Reel Property, facilities, additions, replacements and other construction on the Real Properly.
<br />Indebtedness. The word "Indebtedness" means all princlpal, 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 Not. or Related
<br />Documents and any amounts expended or advanced by Lender to discharge Truslor'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 />Lender. The ward "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 Dead 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 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 Properly. 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 "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and other benefits derived from the
<br />Property.
<br />Trustee. The word'7rustee" 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'Trostor" 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: r J
<br />' GAflY E ASEK, Intl v tlual
<br />MARY(G VALPEar IKdlvldually
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF 1 )
<br />(® )SS
<br />Or this day before me, the undersigned Notary Public, personally appeared GARY E VALAS (antl MARY G VALASEK, HUSBAND AND WIFE,
<br />to me known to be the indiviof Is described in and who executed the Deed of Trust, a knawledged that they signed the Deed of Trust as
<br />their free and voluntary act and a or the uses and RUrpo�eerain mentioned y
<br />Given untler my hand antl o dal1,a{'p / tlay 01 _ _
<br />M "c / /y,h
<br />V
<br />Notary Pnbllc In for the
<br />4" ,44,'
<br />`100
<br />Residing at
<br />My commission expires_
<br />
|