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<br />2oioo2535
<br />;!~ ~ r ~ . ~ ~, ~ ~ , ;~ ~ DEED OF TRUST
<br />(Continued)
<br />Page 6
<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 health 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 Superfund
<br />Amendments and Reauthorization Act of 198fi, Pub. L. No. 99-499 ("SARA"), the Hazardous Materials Transportation Act, 49 U.S.C.
<br />Section 1$Q1, et 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 />Existing Indebtedness. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens provision of this
<br />Deed of Trust.
<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 pr 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
<br />Credit Agreement or Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and
<br />substitutions for the Credit Agreement or Related Documents and any amounts expended or advanced 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 of Trust. Specifically, without limitation, Indebtedness includes all amounts
<br />that may be indirectly secured by the Cross-Collateralization provision of this Deed of Trust.
<br />Lender. the ward "Lender" means Platte Valley State Bank & Trust Company, its successors and assigns. The words "successors ar
<br />assigns" mean any person 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 by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and
<br />additions ta, 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 safe 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 />Rants. 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 Platte Valley State Bank & Trust Company, whose address is 2223 2nd Ave, Kearney, NE
<br />68848 and any substitute or successortruatoes.
<br />Trustor. The word "Trustor" means John B. McDermott and Debra K. McDermott.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO
<br />ITS TERM5.
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF ~UY~`L~--~ )
<br />~ Q ~, ) SS
<br />COUNTY OF ~t"lJ`~"-'~ )
<br />On this day before me, the undersigned Notary Public, personally appeared John B. McDermott and Debra K. McDermott, as Husband and
<br />Wife, to me known to be the individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Desd of
<br />Trust as their free and voiuntary act and deed, for the uses and purposes therein mentioned.
<br />Given under my hand and official seal this ~~ ___ day of ~"-~-J , 20 ~d
<br />By
<br />Notary Public In and for a State of 2~r~"~
<br />Residing at ~~~ G~'~"r N~~
<br />My commission expires 3~~r~0/ ~ _
<br />GENERAL I~TARY • State of Nebraska
<br />VENUS M. KING
<br />My Cotmn, Exp. March 27,2019
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