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<br /> � SECOND OEED OF TRUST
<br /> (HBA Loan)
<br /> f �gocond peed of 7rusY),Is made as of D e c e m b e r 2 2 , 1 9 9 by 8rid aff1011g�
<br /> Ti�is Second Deed of Trust(th s
<br /> `
<br /> �'��,jgtpr'��yynpgpR�111ngaddr9S819P��§�� • Charles Street . Grand Island . NE 68801 ,
<br /> C o m m e r 1 c a 1 F e d e r a 1 B a n k , A F e d e r e 1 S a v i n 9 s B a n k ('TfUStBA�),whose mailing address is
<br /> 0 m a h a , Nebraske;and Nebraska Irnestment�inance Autho�ity
<br /> ('Beneficfay'),whose maNfng addres Is 200 Commerce Court,1230 O Street,l.�ncdn,Nebraska 68508-14U2•
<br /> IN TRUST WITH
<br /> FOR VALUABLE CONSIDERATION, Trustur Ircevocebly transfers, corneys and assigns to Trustee, �
<br /> POWER OF SAL.E,tor the benefit and�seceS���Exh,btt A atta hed he�eto and ncorporatedche el�by efer�e�e phe
<br /> Deed of T�ust,the real praperry, �e9� Y
<br /> "Property")�and cdlectNely,the
<br /> TOGETHER WITH, all rents, proNts, royaft�es, Income and nther beneffts derived from the Property (
<br /> "rents'),all leases or subleases cavering the Property or any portlon thereof now or hereaiter existing or entere�i Irno,ancf
<br /> all rigM, tide and Interest of Trusta thereunder, all rlght, tlde and IMerest of Trustcr in end to any greater estate in the
<br /> Ptoperty owned a'hereafter acqulred, all interests,estate or other claims,both In law and In equiry,whlch Trustor now has
<br /> �hereof and theeeto, aQll�watler trighteral�9htatkle and intese t of T�sto y ntow owned or heer�eafter cqulreciain�and o any
<br /> �;,,�,, ;y,;.��tthln ths rlghi-of-v,�!y�any street or hlghway edJdning th�Property,�a�;�an���r►�d����������s�
<br /> gores oF land adJacerrt to or used in connection wkh the Property�and any tt�K+ai bu�� � s, � -
<br /> a heree�fter erected thereon (the'Improvemer�ts"), and aall�t sny����naW��g���fo�r taking by e nent domal�n,a bY
<br /> T�u�t a�a u,hes or ma y hereafter acqulre In the Proparty�
<br /> eny proceedinq or purchase In fleu t here o f, o f t he w h d e o r a n y p a r t o f t h e T r u s t E s t ate, Indudi n g wRhout Iimkation any
<br /> awards�esulting ftom a change of grade of streets and awards for severance damages.
<br /> The Property and the entire estato and Interest corrieyed to the Trustee are re fe rr e d t o c d l e c t i v e l y a s t h n "T r u st
<br /> Estate',
<br /> For the Purpose of Securing:
<br /> A. Payment af Indebtedness evidenced by any promissory note of Trustor In favor of Beneficlary;snd
<br /> B. Payment of all sums advanced by Beneficlary to protect the Trust Estate,wRh interest thereon at the rate c�f
<br /> sqdeen percent (1696)per annum.
<br /> 7he Irxiebtedness described in paragraphs A and B above Is referred to as the"Indebtedness.'
<br /> Thls Second Deed of Trust, anyment alnd pryerforma cerof any obligatlons�ured he eby ane refened to cdlect�Nely as
<br /> evidence or further secure the pay
<br /> the"Loetn Instruments",
<br /> Trustor covenants that(i)Trustor hdds title to the Trust Estate and haw lawful authority to encumber the Trust Estato,(N)
<br /> the Trust Estate Is free and clear of all Ilens and encumbranr,es except for easements, resMctbns and covenenta of record
<br /> ard t Ije TNe st rw I deferxi the Tru Esta obagalnst the lawteulhc em es of any personhe date hereof(the"Flrst Deed of Trust"),
<br /> ( �
<br /> To protect the Securfty of this Second Deed of Trust:
<br /> 1, Payment of Indebtedness. Trustor shall pay when due theprincipal of,and the interest on,the Indebtedness
<br /> and all other sums as provided inthe Loan Instruments.
<br /> � NIFA 2/96
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