|
<br />'f ~ 1,~ f ,t II ."
<br />
<br />~ ~
<br />
<br />DEED OF TRUST
<br />(Continued)
<br />
<br />200806575.
<br />
<br />Pc5'ge6
<br />
<br />default section of this Deed of Trust.
<br />
<br />Guaranty. The 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 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 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 Exchange 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 July 25, 2008, in the original principal amount of $41.800.00
<br />from Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations of, and
<br />substitutions for the promissory note or agreement. The maturity date of this Deed of Trust is January 26, 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 Exchange Bank, whose address is 1204 Allen Drive , Grand Island ,NE 68803 and any
<br />substitute or successor trustees.
<br />
<br />Trustor. The word "Trustor" means DENNIS L BERLIN and LORI EBERLIN.
<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 />
<br />X.lt.Jt
<br />L EBERLIN
<br />
<br />~. .... (pJ/>
<br />.......f.%''\
<br />;......... ..~..<.
<br />
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />
<br />STATE OF 1;:(
<br />
<br />)
<br />) SS
<br />)
<br />
<br />COUNTY OF
<br />
<br />dil!
<br />
<br />{
<br />
<br />On this day before me, the undersigned Notary Public, personally appeared DENNIS L BERLIN and LORI EBERLIN. to me known to be
<br />the individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Deed of Trust as their free and
<br />voluntary act and deed, for the uses and purposes therein m~ntioned.
<br />
<br />Given under my hand and official seal this ~5~:JJ day of
<br />
<br />
<br />By
<br />
<br />CENERAl NOTARY'Slale 01 Nebraska
<br />__ VICKI S GOETZ
<br />-- My COffim hil/,;l..,
<br />
|