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• ~ ~ ~ " ~ ' ~ DEED OF TRUST ~ ~ ~ ~ ~ 1' f ~j
<br />(Continued) Page 6
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party #o Lender, including
<br />without Iirnitation 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 infecticus characteristics, may cause or pose a present or potential hazard to human health or the environment
<br />when improperly used, treated, stored, disposed af, 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 affixedon
<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 Nate.
<br />Note. The word "Note" means the promissory nota• dated March 10, 2p10, in the original principal amount of
<br />$108,500.00 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 March 1, 2017.
<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 elf insurance proceeds and refunds of prerniumsl 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 939 S LOCUST ST , GRAND ISLAND , NE 6$801 and any
<br />substitute or successor trustees.
<br />Trustor. The word "Trustor" means MICHAEL J SEMM and LINDA C SEMM .
<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 />~.
<br />X v~ =Ze k
<br />MICHAEL J SEMM
<br />X ~ x
<br />" ~~
<br />AC S
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF
<br />COUNTY OF X~-~~~ ~~
<br />1 SS
<br />On this day before me, the undersigned Notary Public, personally appeared MICHAEL J SEMM and LINDA C SEMM , 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, far the uses and purposes there/i~n entioned.
<br />Given under my hand and official seal this fG~ ~h day of . ~~~'% , Zp
<br />Notary Public in and for the State of j -- _
<br />Residing at v l~C~~ ,_r~,1!, ~ /C1'
<br />6. NOTAI~y. y commission expires ___. _ f ~ -~ p~ ..3 """ ~1 ~~
<br />VICKI GOER ~
<br />MY ~. ~. bec. 23, 2012
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