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DEED OF TRUST `,� ��. ,� Q 5$ i c� page 7
<br />(Continued)
<br />Deed of Trust. The words °Deed of Trust° mean this Deed of Trust among Trustor, Lender, and Trustee, and includes
<br />without 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 °DefaulY'.
<br />Environmental Laws. The words °Environmental Laws" mean any and all state, federal and local statutes, regulations
<br />and ordinances relating to the protection of human health or the environment, including without limitation the
<br />Comprehensive Ernironmental Response, Compensation, and Liability Act of 1980, as amended, 42 U.S.C. Section
<br />9601, et seq. (°CERCLA°), the Superfund Amendments and Reauthorization Act of 1986, Pub. L. No. 99-499 ("SARA"),
<br />the Hazardous Materials Transportation Act, 49 U.S.C. SeCtion 1801, et seq., the Resource ConservaUon and Recovery
<br />Act, 42 U.S.C. Section 6901, et seq., or other applicable state or federal laws, rules, or regulations adopted pursuant
<br />thereto.
<br />Event of Default. The words °Event of Default° mean any of the events of default set forth in this Deed of Trust in the
<br />events of default section of this Deed of Trust.
<br />Guaranty. The word °Guaranty° means 2he guaranty ftom guararrtor, endorser, surety, or accommodation party to
<br />Lender, including without limitation a guaranty of all or part of the Note.
<br />Hazardous Subs�anc�. The words °Hazardous Substances° mean materials that, because of their quantity,
<br />concentrafiori or pbtysical, chemical or infiectious charaoteristics, may cause or pose a present or potential hazard to
<br />human health or the environment when improperly used, treat�d, ster�- anufactured,
<br />transported or otherwise handled. The words "Hazardous Sub�fanCes �aFe �5dd in tkiei���d�+�"proad t sense and
<br />include without limitation any and all hazardous or toxic substances, �m�#d�lafS �raN�ste as`�iefined by or li ted under the
<br />Environmental L.aws. The term °Hazardous Substances° also i[���1.�v4ithc�� u�if Pif5lita'tib'h, �trole�Frrc nd petroleum
<br />by-products or any fraction thereof and asbestos.
<br />Improvements. The word °Improvements° means all existing and future improvements, buildings, structures, mobile
<br />homes affixed on the Real Property, facilities, additions, replacements and other construction on the Real Property.
<br />Indebtedness. The word °Indebtedness° means all principal, interest, and other amounts, costs and expenses payable
<br />under the Note or Related Documents, together with all renewals of, extensions of, modificatlons of, consolidations of
<br />and substitutions for the Note or Related Documents and any amounts expended or advanced by Lender to discharge
<br />Trustor's obligations or expenses incurred by Trustee or Lender to enforce Trustor's obligations under this Deed of Trust,
<br />together with interest on such amounts as provided in this Deed of Trust. Specifically, without limitation, Indebtedness
<br />includes the future advances set forth in the Future Advances provision, together with all interest thereon and alI
<br />amounts that may be indirectly secured by the Cross-Collateralization provision of this Deed of Trust.
<br />Lender. The word °Lender° means Exchange Bank, its successors and assigns.
<br />Note. rne word "Note° means the promissory note dated August 2, 2011 in the original principal amount of
<br />$80,000.00 from Trustor to Lender, together with all renewals of, extensions of, modffica�ons of, refinancings of,
<br />consolidations of, and substitutions for the promissory note or agreement. NOTICE TO TRUSTOR: THE NOTE
<br />CONTAINS A VARIABLE INTEREST RATE.
<br />Personal Property. The words °Personal Property" mean all equipment, fixtures, and other articles of personal property
<br />now or hereafter owned by Trustor, and now or her,eafter attached or affixed to the Real Property; together with ail
<br />accessions, parts, and addi�ons to, all replacemenis of, and all substituUons for, any of such property; and together with
<br />all proceeds (including without limitation all insurance proceeds and refunds of premiums) from any sale or other
<br />disposition of the Property.
<br />Property. The word "PropeKy° means coilectlyely ihe ��a! Property and the Po�sonal ProperEy; •
<br />Real Property. The words °Real Property° mean the real property, interests and rights, as further described in this Deed
<br />of Trust.
<br />Related Documents. The words °Related Documents° mean all promissory notes, credit agreements, loan agreemenis,
<br />environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, coilateral
<br />mortgages, and all other instruments, agreements and documents, whether now or hereafter existing, executed in
<br />connection with the Indebtedness.
<br />Rents. The word °Rents° means all present and future rents, revenues, income, issues, royalties, profits, and other
<br />benefits derived from the Property.
<br />Trustee. The word 'Trustee° means Exchange Bank, whose address is P.O. Box 760, Gibbon, NE 68840 and any
<br />substitute or successor trustees.
<br />Trustor. The word °Trustor° means LONNIE D DAVIS and ANNEfTE L DAVIS.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH
<br />TRUSTOR AGREES TO ITS TERMS.
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