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<br />Loan No: 807882 <br /> <br />DEED OF TRUST <br />(Continued) <br /> <br />200809944 <br /> <br />Page 6 <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 Indabtadness. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens provision of this <br />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 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 November 25, 2008, in the original principal amount of <br />$130,000.00 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 December 5, 2023. NOTICE TO <br />TRUSTOR: THE NOTE CONTAINS A VARIABLE INTEREST RATE. <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 Brandi K. Bosselman and James D. Lofing. <br /> <br />EACH TRUSTOR ACKNOWLEDQI;S _HAVII\IG !t~D ALL TH_E PR9VISI0~$ QF I!:IIS I;)_EED OF TRUST, AND EACH TRUSTOR AGREES TO <br />ITS TERMS. - -- - - <br /> <br /> <br />INDIVIDUAL ACKNOWLEDGMENT <br /> <br />STATE OF NehigJ1CD.. ~ <br /> <br />~li~ <br /> <br />COUNTY OF <br /> <br />) <br />) SS <br />) <br /> <br />On this day before me, the undersigned Notary Public, personally appeared Brandi K. Bosselman and James D. lofing, HUSBAND & WIFE, <br />to me known to be the individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Deed of Trust <br />as their free and voluntary act and deed, for the uses and purposes therein mention:1' <br /> <br />Given under my hand and official seal this ZS- day of /\J:J Uem <br /> <br /> <br />8E!NWL NOTARY. Stat8-Of- NebrllBkB <br />DAVID F. DOHMEN <br />My Comm. Exp. Aug. 4, 2012 <br /> <br /> <br />.:t..... <br /> <br />, <br />. , <br />