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<br /> 11,1(. + 0~~ DEED OF TRUST 200900680
<br /> Page ~
<br /> (Continued)
<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 /> 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 /> 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 /> 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 /> 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 /> 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 /> 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 /> Note. The word "Note" means the promissory note dated January 5, 2009, in the original principal amount of $70,000.00
<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 15, 2014.
<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 /> Property. The word "Property" means collectively the Real Property and the Personal Property.
<br /> Real 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 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 /> Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and other benefits derived
<br /> from the Property.
<br /> Trustee. The word "Trustee" means Exchange Bank, whose address Is P.O. Box 5793, Grand Island, NE 68802 and any substitute
<br /> or successor trustees.
<br /> Trustor. The word "Trustor" means Larry L Sadd and Patricia A Sadd.
<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 /> X` a ,
<br /> La
<br /> C
<br /> Patricia A Sadd
<br /> J INDIVIDUAL ACKNOWLEDGMENT
<br /> STATE OF 'vim' ur"(7KA 1
<br /> ) SS
<br /> COUNTY OF 1
<br /> On this day before me, the undersigned Notary Public, personally appeared Larry L Sadd and Patricia A Sadd, to me known to be the
<br /> 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 t n mentioned.
<br /> Given under my hand and official seal this day of d
<br /> Fly
<br /> GENERAL "TAAY -State Of Nebraska Notary Public in and for the State of
<br /> PATRICK J. McGUIRE Residing at J
<br /> k2tlva. &/Z_
<br /> My Comm. Exp. Sept. 26, 2010 My commission expires p
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