|
�0�104283
<br />DEED OF TRUST
<br />(Continued)
<br />Page 6
<br />State of Nebraska as to all Indebtedness secured by this Deed of Trust.
<br />DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust:
<br />Bsnefictary. The word "Beneficiary" means Platte Valley State Bank & Trust Company, and its successors and assigns.
<br />Borrower. The word "Borrower" means Sandra K Davis and Grant R Davis and includes all co-signers and camakers signing the Note
<br />and alt their successors and assigns.
<br />Deed of Trust. The words "Deed of TrusY' mean this Deed of Trust among Trustor, Lender, and Trustee, and inctudes w(thout
<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 heaith or the environment, including without limitation the Comprehensive Environmental
<br />Response, Compensatton, and Liability Act of 1980, as amended, 42 U.S.C. Seetion 9601, et seq. ("CERCLA"), the Superfund
<br />Amendments and Reauthorization 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 Recovery ACt, 42 U.S.C. Section 6901, et seq., or other applicable state or
<br />federal laws, ruies, or regulations �dopted pursuant thereto.
<br />Event of Defauit. The words "Event of DefaulY' mean any of the events of default set forth in tMis Deed of Trust in the eyents of
<br />default section of this Deed of Trust.
<br />Existing lndebtedness. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens provision of this
<br />Deed of Trust.
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including
<br />without limitation 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 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 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 affixed on
<br />the Real Property, facilities, additions, replacements and other construction on the Real Property.
<br />Indebtedness. The word "Indebtedness" means afl principal, interest, and other amounts, costs and expenses payable under the Note
<br />or Reiated Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the IVote
<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 obligattons 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 />of this Deed of Trust, together with all interest thereon.
<br />Lender. The word "Lender" means Platte Valley State Bank & Trust Company, its successors and assigns. The words "successors or
<br />assigns" mean any person or company that acquires any interest in the Note.
<br />Note. The word "Note" means the promissory note dated May 28, 2011 in the original principal amount of $25 ,577.00
<br />from 7rustor to Lender, together with all renewals of, extensions of, modifications of, reflnancings of, consolidatfons of, and
<br />substitutions for the promissory note or agreement.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personat 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 />addftions to, all replacements of, and all substitutions for, any of such property; and together with atl proceeds (fncluding without
<br />limitation all insurance proceeds and refunds of premiums) from any sale or other disposition of the Property.
<br />Property. The word "Property" means collectively the Real Properly and the Personal Property.
<br />Real Property. The words "Real Property" mean the real properry, interests and rights, as further described in this Deed of Trust.
<br />Related Documents. 7he words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental
<br />agreements, guaranties, seourity 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 w(th 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 Platte Valley State Bank 8� Trust Company, whose address fs 2223 2nd Ave, Keamey, NE
<br />68848 and any substitute or successor trustees.
<br />Trustor. The word "Trustor" means Sandra K Davis and Grant R Davis.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF 7HlS DEED OF TRUST, AND EACH TRUSTOR AGREES TO
<br />ITS TERMS.
<br />y�',,�- � . � C tJ��
<br />X�_����_-
<br />
|