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<br />Loan No: 807337 <br /> <br />DEED OF TRUST <br />(Continued) <br /> <br />200802855 <br /> <br />Page 6 <br /> <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 saq. ("CERClA"), 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, at seq., the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901 , et seq., or 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 />Guaranty. Tho word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including <br />without limitation a guaranty of all or part of the Note. <br /> <br />Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, concentration 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, transported or otherwise handled. The words <br />"Hazardous Substances" are used in their very broadest sense and include without limitation any and all ha<:ardous 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 Real 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, <br /> <br />Lender. The word "Lender" means Equitable Bank, Its successors and assigns. The words "successors or assigns" mean any person <br />or company that acquires any interest in the Note. <br /> <br />Note. The word "Note" means the promissory note dated March 31, 2008, ill the original principal amount of <br />$197.900.00 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 maturity date of this Deed of Trust is April 4, 2009. <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 /> <br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental <br />agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other <br />instruments, agreements and documents, whether now or hereafter existing, executed in connection with the Indebtedness. <br /> <br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and other benefits derived <br />from the Property. <br /> <br />Trustee. The word "Trustee" means Equitable Bank (Grand Island Region). whose address is 113-115 N Locust St; PO Box 160, <br />Grand Island, NE 68802-0160 and any substitute or successor trustees, <br /> <br />Trustor. The word "Trustor" means HENRY G McWilLIAMS JR and DEBRA L McWilLIAMS. <br /> <br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO <br />ITS TERMS. <br /> <br />TRUSTOR: <br /> <br />x ~ ~~~;i <br />~ . RY ~"W LIA'; R - ~ <br /> <br />Q~,-~~~ <br /> <br />DEBRA L McWILLIAMS <br /> <br />INDIVIDUAL ACKNOWLEDGMENT <br /> <br />STATEO~'\.~~ ~~ J <br />COUNTY OF ~~C\..~~,) <br /> <br />) <br />) SS <br />) <br /> <br />On this day before me, the undersigned Notary Public, personally appeared HENRY G McWILLIAMS JR and DEBRA L McWILLIAMS, <br />HUSBAND AND WIFE, to me known to be the individuals described in and who executed the Deed of Trust, and acknowledged that they <br />signed the Deed of Trust as their free and voluntary act and deed, for the uses and purposes therein mentioned. <br /> <br />m.," ""d" my h,"d .nd 0,",;.1 ...lth;, ?-, \ ~ :.y of ~:;~ - c-' 20 i::0-, <br /> <br />y ~ ~ ~~~~ _._--~ <br />J;ENERAl NOTARY,Slate of IIellrasta- Notary Public in and for the Sta f ~ I'tl ) <br />CATHERINE J. SHURTU:~ ~" ~ ~&-~\'t.cQ..J - <br />MyComm.Exp. ~ \'\\\:::-: Residing at 't\.S- . \ u. <br />My commission expires __ .... I;\'\. ~~~"" ("\ ,,~C) t'f\ <br /> <br />, , <br />I <br /> <br />1;/ 'j <br />