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<br />loan No: 0872057383 <br /> <br />DEED OF TRUST <br />(Continued) <br /> <br />200902047 <br /> <br />Page 6 <br /> <br />--~.,_.~,.~,.~".~~,' ",~,",,~".'--'-'~~-"~--'--'--"-'---~ <br />__._____".,.__,_~..~.,.._"'.,~,~,.,'""w..," <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. because of their quantity, concentration or <br />physical, chemical or infectious characteristics, may r:ause 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 Suhstances" also <br />includes, without limitation, petroleum and petroleum by-products or any fraction thereof and asbestos. <br /> <br />Improvements. The word "Improvements" meons all existing and future improvements, buildings, structures, mobile homes affixed on <br />the Real Property, facilities, additions, replar:oments 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 <br />Credit Agreement or Related Documents, together with 011 renewals of, extensions of, modifications of, consolidations of and <br />substitutions for the Credit Agreement or Related Documents and any amounts expended or advonced by Lender to discharge <br />Trustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor's obligations under this Deed of Trust, together <br />with interest on such amounts as provided in this Deed olTrus\. <br /> <br />lender. The word "lender" means Equitable Bank, its Sllccessors and assigns. The words "successors or assigns" mean any person <br />or company that acquires any interest in the Credit Agreement. <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; tngAthor with all accessions, parts, and <br />additions to, all replacements of, and all substitutions for, any of such property; ond together with all proceeds (including without <br />limitation all insurance proceeds and refunds of premiums) from any sale or othor 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" mAon all promissory notes, credit ogreemP.llts, 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 DANIEL L. HAYS and KRISTY A_ HAYS. <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~~L~~ <br /> <br />N L. HAYS -I <br /> <br /> <br />x~~ <br /> <br />INDIVIDUAL ACKNOWLEDGMENT <br /> <br />STATE OF <br /> <br />(\j E:- <br /> <br />) <br />) SS <br />) <br /> <br />COUNTY OF _=--:t\C \\. Q _ __ <br /> <br />On this day before me, the undersigned Notary Public, personally appei'lled DANIEL L. HAYS and KRISTY A. HAYS, to me known to be the <br />individuals described in and who executed the Deed of Trust, and ar:knowledged that they signed the Deed of Trust as their free and <br />voluntary act and dAed, for the uses and purposes therein mentioned_ <br /> <br />Given under my hand and official seal this ___n. II day of <br /> <br /> <br />--m-J'A-~sJ'~--fO=:- ,20_ 07_. <br />-----U~ ..tL_ La~{~ __________w <br /> <br />Notary Public in and for the State of _ <br /> <br />By <br /> <br />Residing at <br /> <br />My commission expires ___ <br /> <br />~ ~ :~: <br />