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DEED OF TRUST
<br />Loan No: 776791 200302283 (Continued) - Page
<br />of Trust. Any party may change its address for notices under this Deetl of Trust by giving formal written notice to the other parties, specifying that
<br />the purpose of the notice is to change the parry's address. For notice purposes, Trustor agrees to keep Lender informed at all times of Trustor§
<br />current address. Unless otherwise provided or required by law, d there is more than one Trustor, any notice given by Lender to any Trustor is
<br />deemed to be notice given to all Trusters.
<br />MISCELLANEOUS PROVISIONS. The following miscellaneaus provisions are a part of this Deetl of Trust
<br />Amendments. This Deed of Trust, together with any Related Documents, constitutes tine entire understanding and agreement of the parties
<br />as to the matters set forth in this Deed of Trust. No alteration of or amendment to this Deed of Trust shall be effective unless given in writing
<br />and signed by fine party or parties sought to be charged or bound by the alteration or amendment.
<br />Annual Reports. If the Property is used for purposes other than Trustor's residence, Trustor shall furnish to Lentler, upon request, a certified
<br />statement of net operating income received from the Property during Trustors previous fiscal year in such form and detail as Lender shall
<br />require. "Net operating income" shall mean all cash receipts tram the Property less all cash expenditures made in connection with the
<br />operation of the Property.
<br />Caption Headings. Caption headings in this Deetl of Trust are for convenience purposes only and are riot as be used to interpret or define
<br />the provisions of this Deed of Trust.
<br />Merger. There shall be no merger of the interest or estate created by this Deed of Trust with any other interest or estate in the Property at
<br />any time held by or for the benefit of Lender in any capacity, without the written consent of Lender.
<br />Governing Law. This Dead of Trust will be governed by. construed and enforced In accordance with federal law and the laws of the
<br />State of Nebraska. This Deed of Trust has been accepted by Lender in the State of Nebraska.
<br />Choice of Venue. It there is a lawsuit, Trustor agrees upon Lender's request to submit to the jurisdiction of the courts of HALL County, Stale
<br />of Nebraska.
<br />Joint and Several Liability. All obligations of Trustor under this Deed of Trust shall be joint and several, and all references to Trustor shall
<br />mean each and every Trustor This means that each Trustor signing below Is responsible for all obligations In this Deetl of Trust.
<br />No Waiver by Lender. Lender shall not be deemed to have waived any rights under this Deed of Trust unless such waiver is given in
<br />writing and signed by Lander. No delay or omission on the part of Lender in axeresing any right shall operate as a waiver of such right or
<br />any other right. A waiver by Lender of a provision of this Deetl of Trust shall rqt prejudice or constitute a waiver of Lender's right otherwise
<br />to demand strict compliance with that provision or any other provision of this Deed of Trust. No prior waiver by Lender, nor any course of
<br />dealing between Lender and Trustor, shall constitute a waiver of any of Lender's rights or of any of Trustor's obligations as to any future
<br />transactions. Whenever the consent of Lender is required under this Dead of Trust, the granting of such consent by Lender in any instance
<br />shall not acrobatic continuing consent to subsequent instances' where such consent is required add in all cases such consent may be
<br />granted or withheld in the sole discretion of Lender,
<br />3everability. If a court of competent jurisdiction finds any provision of this Deetl of Trust to be illegal, invalid, or unenforceable as to any
<br />person or circumstance, that finding shall not make the offending provision illegal, invalid, or unenforceable as to any other person or
<br />circumstance. If feasible, the offending provision shall be considered modified so that it becomes legal, valid and enforceable. It the
<br />offending provision cannot be so modified, it shall be considered deleted from this Deed of Trust. Unless otherwise required by law, the
<br />illegality, Invalidity, or unenforceabilify, of any provision of this Deed of Trust shall not affect the legality, validity, or enforceability, of any other
<br />prevision of this Dead of Trust
<br />Successors and Assigns. Subject to any limitations stated in this Deetl of Trust on transfer of Trustor's interest, this Deetl of Trust shall be
<br />binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes vested In a person
<br />other than Trustor, Lender, without notice to Trui may deal with Truster's successors with reference to this Deetl of Trust and the
<br />Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deetl of Trust or liability under the
<br />orientatlness.
<br />Time is of the Essence. Time is of the essence in the performance of this Deetl of Trust.
<br />Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the State
<br />of Nebraska as to all housedress secured by this Dead of Trust.
<br />DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this Deetl of Trust. Unless specifically
<br />stated to the contrary, all references to dollar amounts shall mean amounts in lawful money of the United States of America. Words and terms
<br />used in the singular shall include the plural, and the plural shall include the singular, as the context may require. Words and terms not otherwise
<br />defined in this Deed of Trust shall have the meanings attrihuess to such terms in ate Uniform Commercial Code'
<br />Beneficiary. The word "Beneficiary " means Five Points Bank, and its successors and assigns.
<br />Borrower. The word "Borrower" means MARK D STELK and WANDA LEE STELK, and all other persons and entities signing the Note in
<br />whatever capacity.
<br />Deed of Trust 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 />Default. The word "Default" means the Default set forth in this Deed of Trust in the section titled "Default''
<br />Environmental Laws. The words "Environrnental Laws' mean any and all state, faboral 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 />Compensahen, and Liability Act of 1980, as amended, 42 U S.C. Section 9601, at sag- ( "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.S2 Section fight, at seq., or other applicable stale or federal laws, rules, or regulations
<br />adopted pursuant thereto
<br />Event of Default. Tire words "Event of Default" mean any of the events of default set forth in this Dead at Trust in the events of default
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