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DEED OF TRUST
<br />(Continued) 200210105 Page
<br />mean each and every Trustor. This means that each Trustor signing below is responsible for all obligations in this Dead of Trust
<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 Mat Lender has given up that right. If Lender does agree in
<br />writing to give up one of Lenders rights, Mat does not mean Trustor will not have to comply with the other provisions of this Deed of Trust.
<br />Trustor also understands Mat if Lender does consent to a request, Mat does not mean that Trustor will not have to get Lender's consent
<br />again if the situation happens again. Trustor further understands that Just because Lender consents to one or more of Trustor's requests,
<br />that does not mean Lender will be required to consent to any of Truckles future requests. Trustor waives presentiment, demand for payment,
<br />protest, and notice of dishonor.
<br />Severablllty. If a court finds Mat any provision of this Dead of Trust is not valid or should not be enforced, thatlact by itself will not mean
<br />that the rest of this Dead of Trust will not be valid or enforced. Therefore, a court will enforce the rest of Me provisions of this Dead of Trust
<br />even if a provision of this Dead of Trust may be found to be invalid or unenforceable.
<br />Successor and Assigns. Subject to any limitations stated in this Dead of Trust on transfer of Trustor's interest, this Dead 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 Man Trustor, Lender, without notice to Trusor, may deal with Trusters successors with reference to Mis Deed of Trust and the
<br />Indebtedness by way of forbearance or extension without releasing Trustor from Me obligations of this Dead of Trust or liability under the
<br />Indebtedness.
<br />Time is of the Essence. Time is of Me essence in Me performance of this Deed of Trust.
<br />Waiver of Homestead Exemption. Trull hereby releases and waives all rights and benefits of Me homestead exemption laws of the State
<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 State Farm Bank, F.S.B., and its successors and assigns.
<br />Borrower. The word "Borrower' means DELORIS R PRICE and JAMES E PRICE, and all other persons and entitles signing he Credit
<br />Agreement.
<br />Credit Agreement. The words 'Credit Agreement" mean the credit agreement called! August 12, 2002, With credit limit of
<br />$100,000.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations of, and
<br />substitutions for the promissory note or agreement. The maturity date of this Dead of Trust is August 12, 2009.
<br />Deed of Trust. The words 'Dead of Trust' mean this Deed of Trust among Truster, Lender, and Trustee, and includes without limitation all
<br />assignment and security Interest provisions relating to the Personal Property and Rents.
<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 he Comprehensive Environmental Response,
<br />Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Section 9601, et seq. ( "CERCIA'), Me Supedund Amendments and
<br />Reauthorization Act of 1986, Pub. L No. 99 -499 ( "SARA'), he Hazardous 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 Default" mean any of the events of default set forth in this Deed of Trust in Me events of default
<br />section of this Deed of Trust.
<br />Existing Indebtedness. The words "Existing Indebtedness" mean Me indebtedness described in the Existing Liens provision of this Dead of
<br />Trust.
<br />Hazardous Substances. The words "Hazardous Substances' mean materials Mat, 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 Me environment when improperly
<br />used, treated, stored, disposed of, generated, manufactured, transported or otherwise handled. The words "Hazardous Substances' are
<br />used In Moir very broadest sense and include wIMWt limitation any and all hazardours 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 Me
<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 Credit
<br />Agreement or Related Documents, together with all renewals of, extensions of, modgications of, consolidations of and substitutions for the
<br />Credit Agreement or Related Documents and any amounts expanded or advanced by Lender to discharge Trustor's obligations or expenses
<br />incurred by Trustee or Lender to enforce Trustor's obligations under this Dead of Trust, together with interest on such amounts as provided
<br />in this Dead of Trust.
<br />Lender. The word "Lender' means State Farm Bank, PS. B., its successor and assigns. The words "successors or assigns' mean any
<br />person or company that acquires any interest in the Credit Agreement.
<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 Me Property.
<br />Property. The word 'Property" means collectively Me Real Property and the Personal Property.
<br />Real Property. The words 'Real Property" nosh 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
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