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<br /> � ` This Second Qeed of Tcust(tlGs'Second Deed at TnuY)�is made as of 9-24 . 199?by and among �
<br /> � , , �"� Luis S. Psado and Nelly Prado, Husband anci T�71fe �i
<br /> _ . . � , t'TrusmPi,whose matling address ts 1121 W. ?th, Grand Isiand, NE :
<br /> • •• ��. � '�'� �Sd�d��pl/y4�/1P����Qfd�1l/ i'Trustee') . whose m2�7iag address�s �
<br /> . :;��l.�Jl�A�,�'Y�►����d'����o'g'�r�► . Nebnska: and tVebraska trnestment Finaace Au�hmity
<br /> ene a ;w o ma 1 ng a ress mmerce Cour� 1230 O Sueei.�incoln.Neb►aska 6850&1402.
<br /> . . , FOA VAWABLECCNS[OBiATIQN,Tnistor irrevopbiy transfers,conveys and assigns to Tnistee,!N'PRUST,WITH PaVYBi
<br /> �. aF SAl��for the benefit and seeurity of Beneficiary,under and subJect to Me terms and eon�itions of this Secood Oeed of Trust, .
<br /> . .. � � • the real property, tegally described qn 6chibit A attached h�reto artd incorporated herein by reference(the•Property'{;anA �'•.
<br /> . .,.
<br /> • ' TOGETHER WITH,ailrents,protits,royatties,income and other benefits derived irom the Properry(collectivety�Lt1e•rents"),. '��!`,
<br /> . " _ .. �: ''�.� aA teases nr subieeses covetfng the Prcperty or arry portion thereof now or he►eafter exisffitg or er�tered ircto,and all rigftt,titte srtd
<br /> `, �� interest ot Tn�stor thereurtder,aii right,ptte and interest of Trustpr in and to any grea4et e5tate in the Ptopetry Cwned Or hereafter
<br /> � � ,° acquired, att interests�estate or other claims,botb in law and in equity,which Trwcor now has or may hereafter acquire In the
<br /> �' ' Property,ail easemerns,rights�of-way,tenements,hereditaments and appurtenances thereof and thereto,all water nights,aS!rigAt. :
<br />- ___-5__� � � title and tnterest of Tiustor, now owned or hereafter a�cwired,in and to any fanci;tying withio the dght-af�way af any street or �':`:
<br /> , , . '� highway adnining the Property, artcf arry ana ali alteys and strips and gares of fand adjaceM to or used in conne�on with the�
<br /> „ , ` �, Rroperty,and arry and att bu�dings,fixtures artd tmpravements novic or hereafter erected thereon(the'Irr�rovemerns'),an0 ail the �r�.
<br /> : �� _.: estate,interest,righi,titte ar any ctaim or demand which Trustar now has o�may hereafter acpuire in�*�Fr��rtq, and arry and �`
<br /> a_.-
<br /> � �: r� -:; ali awaNs made for the taking by eminent domain, qr by any proceeding or purchase in Geu thereof,of tf:�wifi�we.'cr any part ot �.
<br /> ' ,►r;
<br /> . :,�?'��a� .�'-; the Tnrst E s 4 a t e,tn c t u d i n g w i t h o u t i t m i t a t t o n a n y a w a r d s r e s u l�ng i rom a c h ange o f gra de a f sueets and sv�-�,s fi�severance
<br /> .damages. . -
<br />_ -' ,�,:-
<br />_ � `��;4 ,,.� The Rroperty and the entire estate and imerest corrieyed to the Trustee ere referred to cottecti+c��as the'T�ust Estata•.
<br /> ;,��;, ��.
<br />- ' . '••``.�Y '?For the Purpose of Securtn • � -
<br /> .�: � 9� �=
<br /> �;;
<br /> .. • : �� A. Payment of indebtedness evtEenced by any promissory note o4 Tiusmr in tavor af Benetictary;a�d , e9`
<br /> `:, : � E:�
<br /> .. � `�:,• ,_;:.: B. � Paoment ot att sums advanced by Beneficlary to protect the Trust Estate,with interest thereon at tt�e rdte ot •• �.�
<br /> , �1. •,-�.:siuctee�pereertt(18.6)per annum. �
<br /> ���%, • , t' The indebtedness descn'bed In.paragraphs A artd B a�ove is referred to as the'tndebtedness.• �`•'
<br /> : • � � • • 7'his SeconA Oeed of Trust,arry prom�ssory note of Trostor in favor of Beneflciary and any other insuument given to . �''.
<br /> �. ,J.,.: ,evidence or turcher secure the payment and peAormance of any o6iigation secured hereby are referred to coltectivety as the'Loan
<br /> - ' : ::i.',r ,tnsuuments'. •
<br /> •� � � Trustoi cavenants that fi)Trustor hotds tttte to the�ivst Estate and has tawfui authority to encumber the Trust Estate, �'���/
<br /> • ,.. Gi)the Trust Estate is free an0 c[e�of all llens and encumbrarr✓r;exce0t for easements,restrictions and covenants af record and
<br />-_. . •• tha Oeed of Trust trcm Trustcr er:��mbering tlte Piroperty dated on or about the date hereof (the•First Oeed o!Trust'1,and ��,�
<br /> . ��i�` (iti)Tnistor wi11 def�^.c?the Tnrst Estata agair�s¢the lawful ciaims of arry��sson. - —•
<br />__ • ' �'o praYsct ffie Security ot thts Sgse�rcd Qoee o!Trus� � . ,;T<U',•:
<br /> . � • ' ftf��r:
<br /> . ..,,,,,.
<br />-- 1• P�ymp�ot/ndehtedness. Tncstor shall pay when due tt.e QrtnCipat ot,Gnd thelnteres�t on,tt�tr.d-c+��tiness 2rtd
<br /> ' ' ' ell other sums as provided in the Loan tnstnimeats.
<br /> _ , :, • .
<br /> � .. **7'his is being re-reoorded to reflect the TYVS}.ee to be qe�rrdal Feaeral Bank, NIFA 2/96
<br /> -. . i�i Fedexal Sava.ngs Bank*� ,_
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