|
Loan No: 11089133
<br />DEED OF TRUST 2 O�� O S S� G
<br />(Continued)
<br />Page 7
<br />Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq., or other applicable state or federal laws, rules,
<br />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 Trust in
<br />the events of default section of this Deed of Trust.
<br />Guarantor. The word "Guarantor" means any guarantor, surety, or accommodatiom party of any�or all of the
<br />Indebtedness,
<br />Guaranty. The word "Guaranty" means the guaranty from Guarantor to Lender, including without limitation a
<br />guaranty of aII or part of the Note. '
<br />Hazardous Substances. The words "Hazardous �ubstances" mean materials that, bec�use of their quantiry,
<br />concentration or physical, ch�mical or infectious characteristics, may cause or pose a present or potential hazard
<br />to human health or the environment when improperly used, treated, stored, disposed of, generated, manufactured,
<br />transported or otherwise handled. The words "Hazardous Substances" are used in their very broadest sense and
<br />include without limitation any and all hazardous or toxic substances, materials or waste as defined by or listed
<br />under the Environmental Laws. The term "Hazardous Substences" also includes, without limitation, petroleum and
<br />petroleum by-products or any fraction thereof and asbestos.
<br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, facilities, additions, replacements and other construction on the Real
<br />Pf.operty.
<br />Indebtedness. Thb word <"Indebtedness" means all principal, interest, and other amounts, costs and expenses
<br />payable under the Nate or Related Documents, together with all renewals of, extensions of, modifications of,
<br />consolidations of and for the Note or Related Documents and any, amounts expended or advanced by
<br />Lender to � discherge` �'r�stor's� obligations or expenses incurred by Trustee or l.ender } to�� - enforce Trustor's
<br />obligations, un�le� this Deed of Trust, together with interest on such amounts as providsd in this Deed of Trust.
<br />Lender.,, The word "Lender" means Platte Valley State Bank & Trust Cn `iti�iany; �ts:�uccessors'and assigns.
<br />Note. The word "Note" means the promissory note dated September 16, 2011, In the original principal
<br />amount of 593 ,600.00 from Trustor to Lender, together with all renewals of, extensions of, modifications of,
<br />refinancings of, consolidations of, and substitutions for the promissory note or agreement.
<br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal
<br />property now or hereafter owned by Trustor, and now or hereafter ettached or affixed to the Real Property;
<br />together with all accessions, parts, and additions to, all replacements of, and all substitutions for, any of such
<br />property; and together with aIl proceeds (including without Iimitation all insurance proceeds end refunds of
<br />premiums) from any sale or other disposition of the Property.
<br />Property. The word "Property" means collectively the Real Property and the Personal Property.
<br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this
<br />Deed of Trust.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rants. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and
<br />other benefits derived from the Property.
<br />Trustee. The word "Trustee" means Platte Valley State Bank & Trust Company, whase address is 810 Allen Dr,
<br />Grand Island, NE 68803 and any substitute or successor trustees.
<br />Trustor. The word "Trustor" means K-M Partnership, LLP.
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR
<br />AGREES TO ITS TERMS.
<br />TRUSTOR:
<br />LP
<br />
|