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<br /> SECOND DEEO OF TRUST W- ' '��^;_-�
<br /> (HBA Loan) " � '�.���
<br /> This Second Deed of Trust(this'Second Deed of Trust"),Is masie as of a�y u s t 2 z , i 9 s� by and among � ����'
<br /> Conni .1 . Fri drtchsnn , p Sing P rso � ���t�"�'
<br /> � ("TfUSt01'��,WhOSB IT1311�ng address Is 1 1 1 11 . �€h , �i r a n a I s 1 a n d, N E 6 B 8 0 1 " �'�e��
<br /> C o m m e r i c a 1 F e d e r a 1 B a n k , A F e d e r a 1 S a v i n g s B a n k ("T�USt@8��,whose mailing address is •'�x'
<br /> �,;:�
<br /> o m a n a , Nebraska;and Nebraska Investment Finance Authority .'�`�;;_
<br /> (`Beneflciaryl'),whose mailing eddres is 200 Commerce Court,1230 0 Street,Llncdn, Nebraska 68508-1402. . �.-`�='
<br /> FOR VALUABL.E CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH .� . �----�
<br /> � POWER OF SALE,tor the benefit and security of Beneflclary, under and subJect to the terms and condttions of this Second �� "� '��-
<br /> Deed of Trust,the real property,legally described on Exhiblt A attached hereto and incorporated hereln by reference{the .;�<,�:� _
<br /> ' "Property');and -
<br /> _ T�r,��F� �nrITH, ?!I rpntc; nr�fita, myalties, income and other beneflts de►fved from the Pronerty fcdlectively, the _ _-
<br /> "rents"),all leases or subleases covering the Property or any portion thereof now or hereafter existirig or er�tered Into,and
<br /> all right, tRle and Interest of Trustor thereunder, all right, title and Interest of Trustor In and to any greater estate In the �;--�
<br /> Property owned or hereafter acqulred,all interests,estate or other dalma, both in law and in equfty,which Tn�stor now has ■__ -
<br /> or may hereafter acqulre In the Property, all easements, rights•ot-way, tenements, hereditaments and eppurtenances -- _ _ =-
<br /> thereof and thereto,all water tights, ell right,ttde and interest of Trustor, now owned or hereafter acquired, in anc!to any
<br /> land, lying wfthin the right-ot-way of any street or highway adJoinfng the Property, and any and all alleys and st�ips and =
<br /> gores of land adjacent to or used in connection wRh the Proporty,and any and all buildings,fixtures and ImprovemeMs now �
<br /> an c�ra..^ttar crcctc�thcrcoR ;thc'lrnpravcrss�nt;:f, sr� �!!ttsc��t�te, l�tcresi, rlght,t�le or sn;clsErr�or der�ent!which _—"_,
<br /> Trustor now has or may hereaiter acqufre(n the Proporty,and any and ell awards made for tak(ng by eminent domafn,or by
<br /> any proceedfny or purchase fn Ileu thereof, of the whde or any part of the Trust Estate, Including without Ifm(tation any --
<br /> awards resulting from a change of grade ot streets and awards for severance damages. _
<br /> . The Properry and the entire estate and interest conveyed to the Trustee are referred to cdlecthrely as the'Trust —
<br /> � • Estate'. _
<br />, , For the Purpose of Secur(ng: _.:
<br /> A. Paymern of indebtedness evidenced by any prorr�issory note of Trustor in favor of Beneflclary;and `�''`�
<br /> �';r;;�.
<br /> B. Payment of all sums advanced by BeneNciary to protect the Trust Estate,with Interest thereon at the rate of �,1;!�-
<br /> -- �; _�., sbcteen percent(1696)per annum. .;.,1�_°- --
<br /> .�i.,''.
<br /> ` The Indebtedness described In paragraphs A and B above is referred to as the'Indebtedness.' -
<br /> � ,.. __- - ---
<br /> � " This Second Deed of Trust, any promissory note of Trustor In tavor of Beneflclary and any other instrument gNen to -- ---
<br /> -� •� evidence or further secure the payment and performance of any obligation secured hereby are referred to cdlectively as -`���
<br /> the'Loan Instruments'.
<br /> .��
<br /> Trustor covenants that(I)Trustor hdds tiUe to the Trust Estate and haw lawful authority to encumber the Trust Estate,pf) 5`��'
<br /> the T�ust Estate Is free anci clear ot all Ilens and encumbrances except for easements,resMctions and covenants of record � . ;:=�
<br /> and the Deed of Trust iram Trustor encumbering the Property dated on or about the date hereof(the"F(rst Deed of Tn�sY), � "' '
<br /> and(iil)Trustor will defend the Trust Estete against the lawiul dalms of any person. ��'�� �
<br /> :.�;:-��., ;.,
<br /> ; N
<br /> To protect the Security of thfs Second�eed of Trust: f =,•��'�°'•i;t,
<br /> ��:..;.-y"��.;.
<br /> 1. Payment of Indebtedness. Trustor shatl pay when due thepr(ncipal of,and the Interest on,the Indebtedness ".°�`"`"'��
<br />- and all other sums as provided in the Loan I nstnimer�s. �
<br />- ---- �
<br /> ' NIFA 2/38 ��
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