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DEED OF TRUST
<br />Loan No: 1541036 200206061 (Continued) Page 6
<br />Existing Inds atednev. The words "Exist,., Indebtedness" mean the'mdeheAneas described in the Existing Liens provision of this Deed of
<br />Trust.
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lander, including without
<br />limitation a guaranty of all or pad of the Note.
<br />Hazardous 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 named 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 Over 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 —prude is or any fraction thereof and asbestos
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<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 />Lender. The word 'Lander' means United Nebraska Rank, its successors and assigns. The words "successors or assigns" mean any
<br />person or company that acquires any ,merest in the Note.
<br />Note. The wend "Note" means the promissory note dated May 29, 2002, in the original principal amount of $12,500.00 from
<br />Truster to Lender, together with all renewals of, extensions of modifications of, refinancings of, consolidations of, and substitutions for the
<br />promissory note or agreement.
<br />Personal Properly. The words "Personal Property" mean all equipment, fixtures, and other articles of personal properly 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 disposition of the Property.
<br />Property. The word "Properly' means collectively the Real Properly 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 bust, 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 haneflts derived from the
<br />Property.
<br />Trustee. The word Trustee" means United Nebraska Bank ,whose address is 700 N. Webb, Grand Island, NE 68802 and any substitute or
<br />successor trustees.
<br />Tmstor. The word 7ruetor' means Gregory L Olson and Laura K Olson.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO
<br />ITS TERMS.
<br />TRUS
<br />x llz
<br />Gregory I n, Individually
<br />X lkL lk(i'�F'�.
<br />Laura K Olson, Individually
<br />�//� INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF i.l���(:�'1— 1
<br />)SS
<br />COUNTY OF
<br />On this day before me, the undersigned Notary Public, personally appeared Gregory L Olson and Laura K Olson, HUSBAND AND WIFE, to me
<br />known to be the individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Dead of Trust as their free
<br />and voluntary act and dead for the uses and —L purpi es the sin ,oned
<br />Given under my hand and official seal this — day of
<br />i 7
<br />Notary Public I far the Stat of
<br />OENMA Ng, IIPaN
<br />Residing at
<br />WILLIAM L c i`ODeXa
<br />MCLELLAN My commission expires
<br />t My Gomm Er
<br />P. dug. 12 200E
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