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<br />Laan Nn: 12229U
<br />. DEE�D OF TRUST � i o 0 7s g i ��
<br />(Continued) � ge s
<br />No Waiver by Lender. Trustor understands Lender will not give up any of Lender's rights under this Deed of 7rust unless Lender does
<br />so in writing. 7he fact that Lender delays or omits to exercise any right will not mean that Lender has given up that right. If Lender
<br />dpes agree in writing to give up one of Lender's rights, that does not mean Trustor will not have to comply with the other provisians
<br />of this Deed of Trust. Trustor also understands that if Lender doss consent to a requast, that does not mean that Trustor will not
<br />have to get Lender's consent again if the situation happens again. Trustor further understands that just because Lender consents to
<br />ane or more af 7rustor's requests, that does not mean Lender will be required to consent to any of Trustor's future requests. Trustor
<br />waives presentment, demand for payment, protest, and notice pf dishonpr.
<br />Severnbility. If e court finds that any pravision af this Dged pf Trust is not valid or should not be enforced, that fact by itself will not
<br />mean that the rest of this Deed of Trust will not be valid or enforced. Therefpre, a court will enforce the rest of the provisions ot this
<br />Deed of Trust even if a provision of this Deed of Trust may be found to be invalid or unenforceable.
<br />Successors and Assigns. 5ubject to any limitations stated in this Deed of Trust an transfer of Trustor's interest, this Deed af Trust
<br />shall be binding upon and inure tp the benefit of tha parties, their successors and assigns. If ownership of the Property 6ecomes
<br />vested in a person other then Trustor, Lender, withaut notice to Trustor, may daal with Trustor's successors with reference to this
<br />Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor from the pbligations of this Deed of
<br />Trust or liability under the Indebtednesa.
<br />7ime 1s of the Essence. 7ime is of the essence in the performance of this �eed of Trust.
<br />Waivar ef Homesteed Exemptian. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the
<br />State of Nebraska as to all Indebtedness secured by this Deed of Trust.
<br />DEFINITIONS. The fpllowing words shall heve the following meanings when u5ed in this Deed of Trust:
<br />Baneficiary. The wnrd "8eneficiary" meana Cprnerstone 8ank, and its successors and assigns.
<br />Borrower. 7he word "Borrower" means Brian J Caspar and Kristin N Caspar and includes all co-signers and co-makers signing the
<br />Note and all their successnrs and assigns.
<br />Daad of Trust. The words "Deed of Trust" maan this beed of Trust among 7rustor, Lender, and Trustee, and includes without
<br />limitation all assignment and security interest provisions relating to the Personal Property and Rents.
<br />�nvironmental Laws. The words "Environmental Laws" mean any and all state, federel and Incal statutss, regulations and ardinances
<br />releting to the protection of human health or the environment, including without limitation the Comprehensive Environmental
<br />Response, Compensation, snd Lisbility Act af 1980, as amended, 42 U.S.C. Section 9601, et seq. ("CERCLA"1, the Superfund
<br />Amendments and Reauthorization Act of 19$6, Pub. L. No. 99-499 ("SARA"►, the Hazardous Materials Transpprtation Act, 49 U.S.C.
<br />5ection 1801, et seq., the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq., or other appliceble atete or
<br />federal laws, rulss, or regulatinns sdnptad pursusnt #herato.
<br />Evant of Default. The words "�vent 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 ot Trust.
<br />Existing Indebtedness. 7he words "Existing Indebtedness" mean the indebtedness described in the Existing Liens provision of this
<br />Deed of Trust.
<br />Guarsnty. The wqrd "Guaranty" means the gwaran#y from guarantor, endorser, surety, or accommodation party to Lender, including
<br />without limitation a guaranty of all or part of the Note.
<br />Hazardous Su6stences. The words "Hazardous Substences" mean materials that, because of their quantity, concentration or
<br />physical, chemical or infectiaus characteristics, may cause or pose a present or potential hazard to human health ar the environment
<br />when improparly used, treatad, atored, dis�5ased pf, gensrated, manufacturad� transported or otherevise handlsd. 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 limitetion, petroleum and petroleum by-products or any fraction thereof and asbestos.
<br />Imprpvaments. The word "Imprpvements" means ell existing end futura improvements, buildings, structuras, mpbile homes effixed on
<br />the Real Property, facilities, additions, replacements and other construction on the Real Property.
<br />Indebtedness. The word "Indebtedness" me9n& 811 principsl, interss#, and ath9r pmqun#s, Cnsts &nd expeng9s pgy8t�l8 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 />?rustee or Lender to enforce Trustor's pbligatipna und8r this Deed of Trust, tagether with intarest an suCh emounts as providad in this
<br />Deed of Trust.
<br />Lender. The word "Lender" means Cornerstone Bank, its successors and assigns. The words "successars or assigns" mean any
<br />person or campany that acquires any interest in the Nnte.
<br />Note. The word "Note" means the promissory note dated October 8, 2010, IIl th@ OI'191f1a1 pt'111CIpal a11'1OU11t Of
<br />$27$,5��.0� from 7rustor to Lender, together with all renewals of, extensions of, modificatinns of, refinancings of, consolidations
<br />af, end substitutiqns for the promissary nnte or agreement.
<br />Parsonal Proqarty. The wprds "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 sele or othsr dispnsitipn af the Prnperty.
<br />Property. The word "Praperty" 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 wards "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental
<br />agreements, guaranties, security agreements, mortgages, dseds of trus#, security deeds, collateral mnrtgagas, 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 "7rustee" means CORNERSTONE BANK, whose eddress is 529 LINCOLN AVENUE, YORK, NE 68467 end any
<br />su6stitute or successor trustees.
<br />Truster. The word "Trustor" means 8rian J Caspar and Kristin N Caspar.
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