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DEED OF TRUST
<br />Page 7
<br />formal written notice to the other person or persons, specifying that the purpose of the notice is to change the person's address. For
<br />notice purposes, Trustor agrees to keep Lender informed at all times of Trustors current address. Unless otherwise provided or required
<br />by law, if there is more than one Trustor, any notice given by Lender to any Trustor is deemed to be notice given to all Trustors. It will be
<br />Trustor's responsibility to tell the others of the notice from Lender.
<br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are apart of this Deed of Trust:
<br />Amendments. What is written in this Deed of Trust and in the Related Documents is Tmstor'e entire agreement with Lender
<br />concerning the matters covered by this Deed nfTrust. Tobe effective, any change or amendment to this Deed of Trust must bain
<br />writing and must be signed by whoever will be bound or obligated by the change or amendment.
<br />Caption Headings. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or
<br />define the provisions of this Deed ofTrust,
<br />Merger. There shall be no merger of the interest or enosb» created by this Deed of Trust with any other interest or estate in the
<br />Property at any time held by or for the benefit of Lender in any capacity, without the written consent of Lender.
<br />Governing Law. This Deed of Trust will be governed by federal law applicable to Lender and, to the extent not preempted by federal
<br />law, the |ovs of the State of Nebraska without regard to its conflicts of |av, provisions. This Deed of Trust has been accepted by
<br />Lender in the State mNebraska.
<br />Joint and Several Liability. All obligations of Trustor under this Deed of Trust shall be joint and several, and all references to Trustor
<br />shall mean each and every Trustoc This means that each Trustor signing below is responsible for all obligations in this Deed of Trust.
<br />Nu Waiver uy Lender. Trustor understands Lender will not give up any of Lender's rights under this Deed of Trust unless Lender does
<br />aoin writing. The fact that Lender delays or omits to exercise any right will not mean that Lender has given up that right. If Lender
<br />does agree in writing to give up one of Lender's rights, that does not mean Trustor will not have to comply with the other provisions
<br />of this Deed of Trust. Tiustor also understands that if Lender does consent to o mqueo1, that dues not mean that Tiustorwi|| not
<br />have to get Lenders consent again if the situation happens again. Tmstor further understands that just because Lender consents to
<br />one or more of Trustors requests, that does not mean Lender will be required to consent to any of Trustors future requests. Trustor
<br />waives presentment, demand for payment, protest, and notice ofdishonor.
<br />SevemmbUhy. If o court finds that any provision of this Deed of Trust is not valid or should not be enfbrced, that fact by itself will not
<br />mean that the rest of this Deed of Trust will not be valid or enforced. Therefore, a court will enforce the rest of the provisions of this
<br />Deed of Trust even ifu provision of this Deed of Trust moybefuundtoboinvo|idnrunenfunmob|e.
<br />Successors and Assigns. Subject to any limitations stated in this Deed of Trust on transfer of Trustor's interest, this Deed of Trust
<br />shall be binding upon and inure to the benefit of the parbeo, their nucoeeoono and assigns. If ownership of the Property becomes
<br />vested in a person other than Tmstor, Lender, without notice toTmstor, may deal with Tiustore successors with reference &nthis
<br />Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of
<br />Trust or liability under the Indebtedness.
<br />Time ioof the Essence. Time ieof the essence in the performance of this Deed ofTrust.
<br />Waiver cf Homestead Exemption. T hereby releases ondwmiweaaUhghtaandbenefitsofthehnmenteodexompiion|owsofthe
<br />State of Nebraska oebo all Indebtedness secured by this Deed ofTrust.
<br />DEFINITIONS. The following words shall have the following meanings when used in this Deed of Trust:
<br />Beneficiary. The word ^Benoficiary^ means BANK 0F THE WEST, and its successors and assigns.
<br />Borrower. The word "Borrower" means JAMES W CRAMER and COLLEEN L CRAMER and includes all co-signers and co-makers
<br />signing the Note and all their successors and assigns.
<br />Deed of Trust. The words "Deed of Trust" moon this Deed of Trust among Tmstor, Lender, and Tmotee, and includes without
<br />limitation all assignment and security interest provisions relating to the Personal Property and Rents.
<br />Environmental Laws. The words "Environmental Lawo" mean any and all me$a, federal and local statutes, regulations and ordinances
<br />relating to the protection of human hao|Lh 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 1986, Pub. L. No. 99-499 ("SARA"), the Hazardous Materials Transportation Act, 49 U.S.C.
<br />Section 1801, at 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" moon any of the ovomo of default set forth in this Dead of Trust in the events of
<br />default section of this Deed ofTrust.
<br />Existing Indebtedness. The words "Existing Indebtedness" mean the indebtedness described in the Existing Liens provision ofthis
<br />Deed ofTrust.
<br />Guaranty. The word ^Guenynty^ means the guaranty from 8uanynmr, andomer, aumty, or accommodation party to Lender, including
<br />without limitation u guaranty cf all or part of the Note.
<br />Hazardous Substances. The words "Hazardous Substances" mean materials that, because of their quantity, concentration or
<br />phyoina|, chemical or infectious chonactehetice, may cause or pnma u present or potential hazard to human health or the environment
<br />when improperly uond, tnaated, stonad, disposed of, genamted, manufaotumd, transported or otherwise handled. The vvnndo
<br />^Mozendoua Substances" one 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 knpmvements, buUdineo, utructuee, mobile homes affixed on
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