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DEED OF TRUST 200213432
<br />Loan No: 19760 (Continued) Page 6
<br />Event of Default. The wards "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 ward "Guaranty' means the guaranty from guarantor, endorser, surety, 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 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, 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 expanded or advanced by Lender to discharge Trusters obligations or expenses incurred by Trustee or
<br />Lender to enforce Truslors obligations under this Deed of Trust, together with interest on such amounts as provided in this Deed of Trust.
<br />Lender. The word 'Lender" means Farmers Slate 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 November 26, 2002, In the original principal amount of $160,000.00
<br />from Truster 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 Truster, 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 "Property" means collectively the Real Property and the Personal Property.
<br />Reel 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 Oust, 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 benefits carved from the
<br />Property.
<br />Trustee. The word - trustee" means Farmers State Bank, whose address is P. 0. Be. 246, Silver Creek, NE 68663 -0246 and any substitute
<br />or successor trustees.
<br />Truster. The word'Trustor" means James D. Riley and Karen M. Riley.
<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 />f
<br />a as D. Riley, ndividually
<br />X �h F Yfr
<br />Kpiren W. Riley, monvduary
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF� I
<br />ISS
<br />COUNTY OF I
<br />On this day before me, the undersigned Notary Public, personalty appeared James D. Riley and Karen M. Riley, husband and wife as joint
<br />debtors, to me known to be the individuals described in
<br />and who executed the Deed of Trust, and acknowledged that they signed the Deed of
<br />Trust as their free and voluntary act and dead. for the y3eas�
<br />and purposes therein me 1 red.
<br />Given under my hand and official seal this
<br />day of
<br />Notary Public In and for the State of
<br />GENERAL NOTr4Y -State of Nebraska
<br />Residing at
<br />III KRIS ANN WILLIAMS
<br />My COmmicslon Eo r -0fi.Y00.3
<br />My commission expires
<br />
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