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DEED OF TRUST
<br />Loan No: 1462795 200200585 (Continued) Page 5
<br />Properly, including the dedication of streets or other rights to the public; (b) join in granting any easement or creating any restriction on the
<br />Real Property; and (c) loin in any subordination or other agreement affecting this Deed of Trust or the interest of Lender under this Deed of
<br />Must.
<br />Trustee. Trustee shall meet all quallACallons required for Trustee under applicable law. In addition to the rights and remedies set forth
<br />above, with respect to all or any pad of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lander will have the
<br />right to foreclose by judicial foreclosure, in either case In accordance with and to the full extent provided by applicable law.
<br />Successor Trustee. Lender, at Lender's option, may from time to fine appoint a successor Trusles to any Trustee appointed under this
<br />Deed of Trust by an Instrument executed and acknowledged by Lender and recordetl in the office of the recorder of HALL County, Stale of
<br />Nebraska. The instrument shall contain, In addition to all other matters required by stale law, the names of the original Lender, Trustee, and
<br />Trustor, the book and page (or computer system reference) where this Deed of Trust is recorded, and the name and address of the
<br />successor trustee, and the instrument shall be executed and acknowledged by all the beneficiaries under this Dead of Trust or their
<br />successors In Interest. The successor trustee, without conveyance of the Property, shall succeed to all the title, power, and duties contained
<br />upon the Trustee in this Deed of Trust and by applicable law. This procedure for substitution of Trushe shall govern to the exclusion of all
<br />other provisions for substitution.
<br />NOTICES. Any notice required to be given under this Deed of Trust, including without limitation any notice of default and any notice of sale shall
<br />be given in writing, and shall be effective when actually delivered when actually received by telefecslmlle (unless otherwise required by law),
<br />when deposited with a nationally recognized overnight courief, or, if mailed when deposited In the United Slates mail, as first class, codified or
<br />registered mail postage prepaid directed to the addresses shown near the beginning of this Deed of Trust. All copies of notices of farecosure
<br />from the holder of any lien which has priority over this Deed of Trust shall be sent to Lender's address, as shown near the beginning of this Deed
<br />of Trust. Any person may change his or her address for notices under this Dead of Trust by giving formal whiten notice to the other person or
<br />persons, specifying that the purpose of the notice Is to change the person's adtlress. For notice purposes, Trustor agrees to keep Lender
<br />informed at all times of Trustor's current address. Unless otherwise provided or required by low, if there is more than one Trustor, any notice
<br />given by Lender to any Trustor Is doomed to be notice given to all Tr[Btors. It will be Trustor's responsibility to tell the others of the notice from
<br />Lender.
<br />MISCELLANEOUS PROVISIONS. The following miacellansous previsions are a part of this Deed of Trust:
<br />Amendments. What is written in this Deed of Trust antl In the Related Documents is Truslor's entire agreement with Lender concerning the
<br />matters covered by this Deed of Trust. To be effective, any change or amendment to this Dead of Trust must be in writing and must be
<br />signed by whoever will be bound or obligated by the change or amendment.
<br />Caption Headings. Caption headings In this Deed of Trust are for convenience purposes only and are not to be used to interpret or claim.
<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 Deed of Trust will be governed by and Interpreted In accordance with federal law and the Issue of the Stale of
<br />Nebraska. This Deed of Trust has been accepted by Lender In the State of Nebraska.
<br />No Waiver by Lender. Trustor understands Lender will not give up any of Lender's rights under this Deed of Trust unless Lender does so In
<br />writing. The fact that Lender delays or omits to exercise any right will not mean that Lender has given up that right. If Lender does agree In
<br />writing to give up one of Lender's rights, that don not mean Trustor will not have to comply with the other provisions of this Dead of Trust.
<br />Trustor also understands that if Lender does consent to a request, that does not mean that Trustor will not have to get Lenders consent
<br />again if the situation happens again. Trustor further understands that just because Lander consents to one or more of Trustor's request,
<br />that does not mean Lender will be required to consent to any of Trusfor's future request. Trustor waives presentment, demand for payment,
<br />protest, and notice of dishonor.
<br />Severability. If a court finds that any provision of this Deed of Trust is not valid or should not be enforced, that fact by itself will not mean
<br />that the rest of this Deed of Trust will not be valid or enforced. Therefore, a court will enforce the rest of the provisions of this Deed of Trust
<br />even it a provision of this Deed of Trust may be found to be Invalid or unenforceable.
<br />Successors and Assigns. Subject to any limitations staled in this Deed of Trust on transfer of Trustor's interest, this Deed 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 Trustor, may deal with Trustor's successors with reference to this Dead of Trust and the
<br />Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under the
<br />Indebtedness.
<br />Time Is of The Essence. Time Is of the essence in the performance of this Deed of Trust.
<br />Waiver of Homestead Exemption. Trustor hereby releases and waives all right and benefits of the homestead exemption laws of the Slate
<br />of Nebraska as to all Indebtedness secured by this Dead of Trust.
<br />DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust.
<br />Beneficiary. The word "Beneficiary' means United Nebraska Bank, and its successors and assigns.
<br />Borrower. The word Borrower` means TOM HALSTROM, and all other persons and enllfies signing the Note.
<br />Deed of Trust. The words "Deed of Trust" mean this Dead of Trust among Trustor, Lender, and Trustee, and includes without limitation all
<br />assignment and security interest provisions relating to the Personal Properly and Rents.
<br />Environmental Lows. The words "Environmental Lows" mean any and all stale, 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 1960, as amended, 42 U.S.C. Section 9601, at seq. ( "CERCLA'1, the Superfund Amendment and
<br />Reauthorlxellon Mi of 1906, Pub. L. No. 99-499 ( "SARA "), the Hazardous Materials Transportation Act, 49 U.S.C. Section 1601, at seq., the
<br />Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, at seq., or other applicable stale 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 sat forth in this Deed of Trust in the events of default
<br />section of this Deed of Trust.
<br />Existing Indebtedness. The words "Existing Indebtedness" mean the Indebtedness described In the Existing Liens provision of this Deed of
<br />Trust.
<br />Guaranty. The word "Guaranty' means the guaranty from guarantor, endarser, surely, or accommodation party to Lender, Including without
<br />limitation a guaranty of all or pad of the Note.
<br />Hazardous Substances. The words "Hazardous Substances" mean materials [hat, 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 wards "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, bulldings, 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 o6 consolidations of and substitutions for the Nola or Related
<br />Documents and any amounts expended at advanced by Lander to discharge Trustor's obligations or expenses Incurred by Trustee or
<br />Lender to enforce Trustor's obligations under this Dead of Trust, together with interest on such amount as provided In this Dead of Trust.
<br />Lender. The word "Lender" means United Nebraska Bank, it successors and assigns. The words 'Successors or assigns" mean any
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