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DEED OF TRUST 200211576 Loan No: 1601632 (Continued) Page 6 Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the Stale of Nebraska as to all Indebtedness secured by this Deed of Trust. DEFINITIONS. The following capitalized words and terms shall have the following meanings when used In this Deed of Trust. Unless specifically stated to the contrary, all references to dollar amounts shall mean amounts In lawful money of the United Stales of America. Words and terms used in the singular shalt include the plural, and the plural shall include the singular, as the context may require. Words and terms not otherwise defined in this Deed of Trust shall bave the meanings attributed to such terms in the Uniform Commercial Code. Beneficiary. The word "Beneficiary" means United Nebraska Bank, and Its successors and assigns. Borrower. The word '9orrower' means John S Schulte and Dianne L Schulte, and all other persons and entities signing the Nola in whatever capacity, Deed of Trust. The words "Deed of Trust" mean this Dead of Trust among Trustor, Lender, and Trustee, and includes without limitation all assignment and security interest provisions relating to the Personal Property and Rents. Default. The word'Defaua" means the Default set train in this Deed of Trust in the section titled'DefauK'. Environmental Laws. The words "Environmental Laws" mean any and all stale, federal and local statutes, regulations and ordinances relating to the protection of human health or the environment, including without limitation the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Section 9601, of seq. ( "CERCLA "), the Superhard Amendments antl Reauthonzalion Act of 1986, Pub. L No 99-499 ( "SARA "), the Hazardous Materials Transportation Ad, 49 U.S.C. Section 1801, at seq., the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, At seq., or other appreable slate or federal laws, rules, or regulations adopted pursuant thereto. Event of Default. The words "Event of Defa 1, mean any of the events of default set train in this Deed of Trust in the events of default section of this Deed of Trust. Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender. Including without limitation a guaranty of all or pad of the Note. Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, concentration or physical, Chemical or infectious characteristics, may cause or pose a present or potential hazard to human health or the environment when improperly Used, treated, stores, disposed of, generated, manufactured, transported or otherwise handled The words "Hazardous Substances" are used in their very broadest sense and include without limitation any and all hazardous or toxic substances, materials or waste as defined by or listed under the Environmental Laws. The term "Hazardous Substances" also inclutles, without limitation, petroleum and petroleum by— products or any fraction thereof and asbestos. Improvements. The word "Improvements" means all existing and future Improvements, buildings. structures, mobile homes affixed on the Real Property, facilities, additions, replacements and other construction on the Real Properly. Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses payable under the Note or Related Documents, together with all renewals of, extensions of. modifications of consolidations of and substilultous for the Nola or Related Documents and any amounts expended or advanced by Lender to discharge Tinder's obligations or expenses incurred by Trustee or Lender to enforce Truster's obligations under this Deed of Trust, together with interest on such amounts as provided In this Deed of Trusl. Lender. The word "Lender' means United Nebraska Bank, its successors and assigns. Note. The word "Note" means the promissory note dated October 23, 2002, In the original Principal arllDunt of $185,000.00 ham Trustor to Lender, together with all renewals of extensions of, modifications of, refinancings of consolidations of, and substitutions for the promissory note or agreement. The maturity date of this Dead of Trust is July 23, 2003, Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, pads, and additions to, all replacements of, and all substitutions for, any of such property; and together with all proceeds (including without limitation all insurance proceeds and refunds of premiums) from any sale or other disposition of the Property. Property. The word "Property" means collectively the Real Properly and the Personal Property. Real Property. The words Tieal Properly" mean the real properly, interests and rights, as further described in this Deed of Trusl. Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmeniel agreements, guaranties, security agreements, mortgages, deeds of trust security deeds, collateral mortgages, and all other Instruments, agreements and documents, whether now or hereafter existing, executed In connection with the Indebtedness, Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and other benefits derived (,am the Property. Trustee. The word 'Trustee" means United Nebraska Bank , whose address Is 700 N. Webb, Grand Island NE 68802 and any subabrule or successor trustees. Trustor. The word'Trusfer" means John S Schulte and Dianne L Schulte. EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO ITS TERMS. TRUSTOR X Zh n S Sc dividually xx Dallylifil Schulte, InUivid f