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DEED OF TRUST 200212090
<br />Loan No: 19736 _ (Continued) Page 6
<br />Reauthorization Act of 1986, 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 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 Dead of Trust in the events of default
<br />section of this Deed of Trust.
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety. Or accommodation parry to Lander, including without
<br />limitation a guaranty of all or part of the Note.
<br />Hazardous Substances. The wortls " 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 hazard 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 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, 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, antl other amounts, costs and expenses payable under the Note or
<br />Related Documents together with all renewals of, extensions of, modihrations of, consolidations of and substumons for the Note or Related
<br />Documents and any amounts expendod or advanced by Lender 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 amounts as provided in this Deed of Trust.
<br />Lender. The word "Lender" means Farmers State Bank, its successors and assigns. The words "successors or assigns" mean any person
<br />or company that acquires any interest in the Note.
<br />Note. The word "Note" means the promissory note dated October 31, 2002, In the original Principal amount of $36,892.00
<br />from Trustor to Lender, together with all renewals Of, extensions of, modifications of, refinancings of, consolidations of, and substitutions for
<br />the promissory note or 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 aH¢ed 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 "Property" means collectively the Real Property 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, cards of trust, 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 rams, revenues, income, issues, royalties, profits, and other benefits derived from the
<br />Property.
<br />Trustee. The word 'Trustee" means Farmers State Bank, whose address is P. 0. Box 246, Silver Creek, NE 68663-0246 and any substitute
<br />or successor trustees.
<br />Trustor. The word Truster' means William D. Adams, Jr.; and Sheri L. Adams.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO
<br />ITS TERMS. -- -
<br />TRUSTOR
<br />X,Zf a. n C. t.fXla..w_ d,
<br />William D. Adams, Jr(., I�ndiivi_dually _ \}
<br />XI.s[A 1..X1.
<br />Sheri L. Adams, Individually
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF )
<br />)SS
<br />COUNTY OF )
<br />On this day before me, the undersigned Notary Public, personally appeared William D. Adams, Jr. and Sheri L. Adams, husband and wife as
<br />joint debtors, to me known to be the individuals described in and who executed the Deed of Trust, and ackno ledhi that they signed the Deed
<br />of Trust as their free and voluntary act and of d, for th
<br />uses and purposes thereln ntiane
<br />Given under my hand and oNlelel seal this _s�
<br />day o'
<br />B
<br />gENF==L�AMS
<br />Nota ry Public In and for the State of
<br />II;
<br />Residing at
<br />My commission expires
<br />
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