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l.oan Nv: 901237266 D E COnOtir�Ued)ST 2 O 1 U 0 9 6 6 4 PagQ 8
<br />and terms not otherwise defined in this Deed af Trust shall have the meanings attributed to such terms in the Uniform Commercial Cnde:
<br />Beneficiary. The word "Beneficiary" means Five Points Bank, and its successors and assigns.
<br />Borrower. The word "Borrower" means STEVEN J GLAUSE and BECKIE GLAUSE and includes all co-signers and co-makers signing
<br />the Note and all their successors and assigns.
<br />Daed af Trust. 7he words "Deed of 7rust" mean this Deed of Trust among Trustor, Lender, and 7rustae, and includes without
<br />limitation all assignment and security interest provisions relating to the Personal Property and Rents.
<br />Default. The word "Default" means the Default set forth in this Deed of Trust in the section titled "Deteult".
<br />Environmental Laws. The words "Environmental Laws" mean any and all state, federal and Ipcal 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"1, the Superfund
<br />Amendments and Reauthorization Act of 19$fi, Pub. L. No. 99-499 ("SARA"1, the Hazardous Materials Transportation Act, 49 U.S.C.
<br />Section 1801, et seq., the Resource Canservation and Recovery Act, 42 U.S.C. Section 6901, et seq., or other applicabls 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 `frust in the events of
<br />default section of this �eed of Trust,
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including
<br />without limitation a gueranty of all or part of the Note.
<br />Haxardous Suhstances. The words "Mazardous 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 environmant
<br />when improperly used, treated, stored, disppsed of, generated, manufac[ured, transported or otherwise handled. The wprds
<br />"Hazardous Substances" are used in their very broadest sense and include without limitation any and all hazardaus or toxic
<br />substances, materials or waste as defined by or listed under the Environmental l.aws. 7he 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 an
<br />the Real Property, facilities, addi[ions, replacements and other canstruction on the Real Property.
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other emounts, 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 �eed of Trust, together with interest on such amounts as provided in this
<br />Deed of Trust. Specific911y, without limitation, Indebtedness includes the future advances set forth in the Future Advances provision,
<br />together with all intarast thereon and all amounts that may be indirectly secured by the Cross-Cpllateralization provision of this �eed
<br />of Trust.
<br />Lender. The word "Lender" means Five Points 6ank, ifs successors and assigns.
<br />Note. The word "Note" means the promissory note dated December 23, 2010, In the OI'IC]111a1 principal amOUnt of
<br />$108,000.00 from Trustor [o Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations
<br />of, and substitutions for the promissory note or agraement. The maturity date of this Deed of Trust is 12-23-2030.
<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 su�stitutions for, any of such property; and together with all proceeds (including without
<br />limitation all insurance proceeds and refunds nf premiums) from any sale or other disposition of the Property.
<br />Property. The word "Property" maans collectively the Real Property and the Personal Property.
<br />Real Property. The words "Real Property" mean the real prpperty, interests and rights, as further described in this Deed of 7rust.
<br />Related Documents. The words "Related Documents" mean all promissnry notes, credit agreements, loan agreements, environmental
<br />agreemen[s, 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 #he 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 Five Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802-1507 and any
<br />substitute or successor trustees.
<br />Trustor. The word "Trustor" means STEVEN J GLAUSE and BECKIE GLAUS�.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL TM� PRQVISIQNS QF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO
<br />ITS TERMS.
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