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-:'° �� DEED OF TRUST 2 O 10 p 9 81(i <br />Loan No; 123610 (Continued) p� g <br />Time is of the Essence, Time is of the essence in the performance of this Deed of Trust. <br />Waiver of Momestead Exemption. Trustor hereby releases and waivas afl rights and benefits of the homestead exemption laws of the <br />State of Nebraska as to all Inde�tedness secured by this �eed of 7rust. <br />DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this Deed of Trust. Unless <br />specifically steted ta tha contrary, all referances to dollar amounts shall mean amounts in lawful money of the United States of America, <br />Words and terms used in the singular shali include the plural, and the ptural shaR include the singular, as the context may require. Words <br />and terms not otherwise defined in this Deed af Trust shall have the meanings attributed to such terms in the Uniform Commercial Code: <br />Bensficiary. 7he wnrd "Beneficiary" means CORNERSTONE 6ANK, and its successors and assigns. <br />Barrower. The word "Borrower" means Eliseo Calderon and Jessica Calderon and includes all co-signars and co-makers signing the <br />Note and all their successors and assigns. <br />Deed of Trust. The words "Deed of Trust" mean this Deed of Trust emong Trustor, Lender, and Trustee, and includes without <br />limitation aN assignment and security interest prvvisions relating to the Personal Property and Rents. <br />Qefautt. The word "Default" means the Pefauli set torth in this Deed of Trust in the section titled "Default". <br />Environmental Laws. The words "Environmental Laws" mean any and all state, faderal and local statutes, regulatians and ordinances <br />relating to the pratection of human health or the environment, including without limi#ation the Comprehensive Environmental <br />Response, Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Saction 9601, et seq. ("CERCLA"►, the Superfund <br />Amendments and Reauthnrization 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 Conservation and Recovsry 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 Defauft" mean any of the events of default set forth in this Deed of Trust in the events of <br />deteult sectivn af this Deed of Trust. <br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommndation party to Lender, including <br />without limitation a guaranty of all or part of the Note. <br />Hazardnus 5ubstances. The words "Hazardous Substances" mean materials that, because of their quantity, concentration or <br />physical, chemical or infectious characteristics, mey 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 or otherwise handled. 7he words <br />"Mazardous Substances" are used in their very broadest sense and include without limitation any and all hazardous ar toxic <br />substances, msterials or waste as defined by or listed under the Environmental Laws. The term "Hazardous Substances" elso <br />includes, without limitetion, petroleum and petroleum by-products or any fraction thereof and asbestos. <br />Imprnvements. 7he ward "Improv�ments" means ell existing and future improvements, buildings, structures, mobile homes affixed nn <br />the Real Property, facilities, additions, replacements and other construction on the Real Property. <br />Indebtedness. 7he word "Indebtednass" means all principal, interest, and other amounts, costs end expenses paya6le under the Note <br />or Related Documents, tagether with all renewals of, extensions of, moditications of, consolidations af and substitu#ions for the Note <br />or Fielated �ocuments 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. Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances provision, <br />together with all interest thereon and all amounts that may be indirectly secured by the Cross-Collateralization provision of this Deed <br />of Trust. <br />Lender. The word "Lender" means CORNERSTONE 6ANK, its successors and assigns. <br />Note. The word "Note" means the promissory note dated December 28, 2010, Itl th6 priginal pflnCip81 amount of <br />$25,000.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidatians <br />of, and substitutions for the promissory note or agreement. <br />Persanal 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 hereafier attached or affixed to the Fieal Property; together with all accessions, parts, and <br />additions to, all replacements of, and all substitutions for, any of such property; and #ngether with all proceeds (including without <br />limitation ell insurance prviceeds and refunds of premiums) from any sale or other disposition of the Property. <br />Property. The word "Property" means collectively ihe Real Property and the Personal Property. <br />Real Property. 7he wards "Real Property" mean the real property, interests and rights, as further described in this Deed of 7rust. <br />Related �ocuments. The words "Releted Documents" mean all promissory notes, credit agreements, loan agreements, environmental <br />agreements, guarenties, security agreements, mortgages, daeds 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, a�d other benefits derived <br />from the Property. <br />Trustee. The word "Trustee" means CORNERSTONE BANK, whose address is 529 LINCOLN AVEiVUE, YORK, NE 68467 and any <br />substitute or successor trustees. <br />Trustow. The word "Trustor" means Eliseo Caldaron and Jessica Calderon. <br />EACH TRUSTOR ACNN�WLEDG�S HAVING READ AI�L THE PRDVISIONS OF 7HIS DEED OF 7RUST, AND EACH TRUSTOR AGREES TO <br />ITS TERMS. <br />TRUSTOR: <br />X �,�-- <br />EI eo Calderon <br />� <br />Je Calderan <br />