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<br /> <br />DEED OF TRUST <br />(Continued) <br /> <br />2007.08552 <br /> <br />Page 7 <br /> <br />loan No: 1012142.94 <br /> <br /> <br />shall mean each and every Trustor. This means that each Trustor signing below is responsible for all obligations in this Deed of Trust. <br /> <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 <br />so in writing. The fact that: lender delays or omits to exercise any right will not mean that lender has given up that right. If Lender <br />does agree in writing to give up one of lender's rights, that does not mean Trustor will not have to comply with the other provisions <br />of this Deed of Trust. Trustor also understands that if lender does consent to a request, that does not mean that Trustor will not <br />have to get lender's consent again if the situation happens again. Trustor further understands that just because Lender consents to <br />one or more of Trustor's requests, that does not mean lender will be required to consent to any of Trustor's future requests. Trustor <br />waives presentment, demand for payment, protest, and notice of dishonor. <br /> <br />Severability. If a court finds that any provision of this Deed of Trust is not valid or should not be enforced, that fact by itself will not <br />mean that the rest of this Deed of Trust will not be valid or enforced. Therefore, a court will enforce the rest of the provisions of this <br />Deed of Trust even if a provision of this Deed of Trust may be found to be invalid or unenforceable. <br /> <br />Successors and Assigns. Subject to any limitations stated in this Deed of Trust on transfer of Trustor's interest, this Deed of Trust <br />shall be binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes <br />vested in a person other than Trustor, lender, without notice to Trustor, may deal with Trustor's successors with reference to this <br />Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of <br />Trust or liability under the Indebtedness. <br /> <br />Time is of the Essence. Time is of th~ essence in the performance of this.Deed of Trust, <br /> <br />. Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the <br />State of Nebraska as to all Indebtedness secured by this Deed of Trust, <br /> <br />DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust: <br /> <br />Beneficiary. The word "Beneficiary" means Five Points Bank, and its successors and assigns. <br /> <br />Borrower. The word "Borrower" means G DOUGLAS CAMPLlN and JUDITH A CAMPLlN and includes all co-signers and co-makers <br />signing the Note and all their successors and assigns. <br /> <br />Deed of Trust. The words "Deed of Trust" mean this Deed of Trust among Trustor, lender, and Trustee, and includes without <br />limitation all assignment and security interest provisions relating to the Personal Property and Rents. <br /> <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 the Comprehensive Environmental <br />Response, Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Section 9601. et seq. ("CERClA"l. the Superfund <br />Amendments and Reauthorization Act of 1986, Pub. L. No. 99-499 ("SARA "), the Hazardous Materials Transportation Act. 49 U.S.C. <br />Section 1801" et seq., the Resource Conservation ang Recovery Act, 42 U.S.C. Section 6901, et seq., 01 other applicable state or <br />federal laws, rules, or regulations adopted pursuant thereto. . , . <br /> <br />Event of Default. The words "Event of Default" mean any of the events of default set forth in this Deed of Trust in the events of <br />default section of this Deed of Trust. <br /> <br />Existing Indebtedness. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens provision of this <br />Deed of Trust. - <br /> <br />Hazardous Substances. The words "Hazardous Substances" mean materials that, bflcause of their quantity, concentra~on or <br />physical, chemical or infectious characteristics, may cause or pose a present or potential :hazard to human health' or the environment <br />when improperly used, treated, stored, disposed of, generated, manufactured, transpor'te"d or otherwise handled. The words <br />"Hazardous Substances" are used in their very broadest sense and include without limitation any and all hazardous or toxic <br />substances, materials or waste as defined by or listed under the Environmental Laws. The term. "Hazardous Substances" also <br />includes, without limitation, petroleum and petroleum by-products or any fraction thereof and asbestos. <br /> <br />Improvements. The word "Improvements" means all existing and future improvementS, buildings, structures, mobile homes affixed on <br />the Real Property, facilities, additions, replacements and other construction on the Reat Property. <br /> <br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses payable under the Note <br />or Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the Note <br />or Related Documents and any amounts expended or advanced by lender to discharge Trustor's obligations or expenses incurred by <br />Trustee or lender to enforce Trustor's obligations under this Deed of Trust, together with interest on such amounts as provided in this <br />Deed of Trust. Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances provision <br />of this Deed of Trust, together with all interest thereon. <br /> <br />lender. The word "Lender" means Five Points 8ank, its successors and assigns. The words "successors or assigns" mean any <br />person or company that acquires any interest in the Note. <br /> <br />Note. The word "Note" means the promissory note dated September 17, 2007, in the original principal amount of <br />$20,111.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations <br />of, and substitutions for the promissory note or agreement. The mat~rity date of this Deed of Trustis 09-17 -2027. <br /> <br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or <br />hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and <br />additions to, all replacements of, and all substitutions for, any of such property; and together with all proceeds (including without <br />limitation all insurance proceeds and refunds of premiums) from any sale or other disposition of the Property. <br /> <br />Property. The word "Property" means collectively the Real Property and the Personal Property. <br /> <br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this Deed of Trust. <br />