Laserfiche WebLink
. ~ '~ ~ 2010U497i <br />DEED OF TRUST <br />' ~ Loan No: 872057809 (Continued) Page s <br />Borrower. The word "borrower" means 8EN H WEEKS III and NANCY G WEEKS and includes all co-signers and co-makers signing the <br />Credit Agreement and all their successors and assigns. <br />Credit Aggroement. Tha words "Credit Agreement" mean the credit agreement dated January 28, 2010, With CfBLtit limit of <br />X117,000.00 from Trustor to Lender, together with aH renewals of, extensions of, modifications of, refinancings of, consdidations <br />oi, and substitutions for the promissory note or agreement. Tha maturity date of this Deed of Trust is January 29, 2013. <br />Deed of Trust. The words "Dead of Trust" mean this Deed of Trust ampng Trustor, Lender, and Trustee, and includes without <br />limitation all assignment and security interest provisions relating to the Personal Property and Rents. <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 heath 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 seq. ("CERCLA"), the 5upertund <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, et seq., the Resource Conserva8on and Reaavery Act, 42 U.S.C. Section 6901, et seq., or other applyable state or <br />federal laws, rules, or regulations adopted pursuant thereto. <br />Event of Default. The words "Event of befeult" 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 />Hazardous 8ubstaneas. The words "Hazardous Substances" mean materiels that, because of their quantity, concentrallon pr <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,._ gen_erat8d, manufactured, transported pr. otherwise handled. The words <br />"Hazardous Substances" are used in their very broadest sense and include without Amitation any and aN hazardous ar 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 py-prpducts or any Fraction thereof and asbestos. <br />tmprovemants. The word "Improvements" means all existing and future improvements, buildings, structures, mobile homes affixed on <br />the Real Property, facilities, addillans, replacements and other construction on the Real Property. <br />Indebtedness. The word "Indebtedness" means all prinGpal, interest, and other amounts, costs and expenses payable under the <br />Credit Agreement or Related Documents, together with all renewals of, extensions of, modifications of, consoildetions of and <br />substitutions for the Credit Agreement or Related Documents and any amounts expended or advanced by Lender to discharge <br />Trustor's oblgations or expenses incurred by Trustee or Lender to enfprce Trustor's obligations under this Deed of Trust, together <br />with interest on such amounts as provMed In this Dead of Trust. <br />Laaaa. The word "Lease" means the lease of the Property dated February 1, 2005, 6etwaen Kuesler Lake, Inc., Landlord and Trustor, <br />whk:h was recorded as follows: On February 11, 2005 at the Hall County Register of Deeds as instrument k0200501226. <br />Lander. The word "Lender" means Equitable Bank, its successors and assigns. The words "successors or assigns" mean any parson <br />or company that acquires any Interest In the Credit Agreement. <br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or <br />hereafter owned 6y Trustor, end new or hereafler 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 ail proceeds (including without <br />limitation an Insurance proceeds and refunds of premiums) from any sale or other disposition of the Property. <br />Property. The word "Property" means collectively the Rawl Property and the Personal Property. <br />Real Property. The words "Real Property" mean iha real property, interests and rights, as Further described in this Dead 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, secudty deeds, collateral mortgages, and aU other <br />Instruments, agreements and documents, whether now or hereafler existing, executed in connectbn 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 Equitable Bank (Grand Island Region), whose address Is 113-115 N Locust St; PO Box 160, <br />Grand Island, NE 88802-0180 and any substitute or successor trustees. <br />Trustor. The word "Trustor" means BEN H WEEKS III and NANCY G WEEKS. <br />EACH 7RUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVI810NS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO <br />ITS TERMS. <br />INDIVIDUAL ACKNOWLEDGMENT <br />STATE OF `~~L~ ~J ) <br />,~ (~ ) SS <br />COUNTY OF ~O;C~~ ~ ) <br />pn this day before me, the undersigned Notary Public, personally appeared BEN H WEEKS 111 and NANCY G WEEKS, HUSBAND 8 WIfE, to <br />rrle known to be the Individuals descdbed In and who executed the Deed of Trust, and acknowledged that they signed the Deed Of Trust as <br />their free aril voluntary act and deed, for the uses and purposes therein ment <br />Given under my hand and oRlclal seal this J~~~ day of 20~. <br />gy ~„ c. <br />Notary Public in nd for the Stat of <br />~~~~ I~OfAF{Y - SIa18 01 NebrB~ca Residing at ~ ~ <br />CA71~Eki1NE,I. SMUHTLEFF My gptmlisslon expires ~ T ~~ "~ ~ ~b\''?T <br />~ CpInIrL ~. Mann r, za~a <br />