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<br /> ,. SECOND OEED OF TRUST
<br /> (HSA I,oan)
<br /> � This Second Oeed of Trust (this 'Second Deed of Trust"1, is made as of DEC. 30 , �99g by and among ��
<br /> S0�1KHITH f�aNIVON� A SINGLE PERSON - GRAND ISLAND, NE \\��
<br /> ( �'rustor"�, whase mailing address �s �
<br /> COI�Il`1ERCIAL FEDERAL BANK, A SAVINGS BANK��Trustee") , whose maiting '�ddress is � � �
<br /> 45 .REG NCy PARK AY ' 0�p�A . Nebraska; and Neb�aska Investment Finance Authbrity
<br /> ('8ene�ciary � wfiose ma�ng address is 200 Commerc"e�ourt, 1230 O Street, l.incoln, Nebraska 68508-1402.
<br /> FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers,conveys and assigns to Trustee, IN TRUST,WITH POWEA
<br /> OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Second Deed of Trust,
<br /> the real property, legally described on Exhibit A attached hereto and incorporated herein by reference (the 'Property"); and
<br /> �
<br /> TOGETHER WITH, all rents, profits,royalties, income and other benefits derived from the Property(collectively, the"rents"),
<br /> all leases or subleases covering the Proper[y or any portion thereof now or hereafter existing or entered into, and all right, title and
<br /> interest of Trustor thereunder, aIl right, title and interest of Trustor in and to any greater estate in the Property owned or hereafter
<br /> acquired, all interests, estate or other claims, both in law and in equity, which Trustor now has or may hereafter acquire in the
<br /> Property, all easements, rights-of-way, tenements, hereditaments and appurtenances thereof and thereto, all water rights, all right,
<br /> titie and interest of Trustor, now owned or hereafter acquired, in and to any land, lying within the right-of-way of any street or
<br /> highway adjoining the Property, and any and all alleys and strips and gores of land adjacent to or used in connection with the
<br /> Property, and any and all buildings, fixtures and improvements now or hereafter erecied thereon (the "Improvements"), and all the
<br /> estate, interest, right, title or any claim or demand which Trustor now has or may hereafter acquire in the Properry, and any and
<br /> all awards made for the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of the whole or any part of
<br /> the Trust Estate, including without limitation any awards resulting from a change of grade of streets and awards for severance
<br /> damages.
<br /> The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the "Trust Estate'.
<br /> For the Purpose of Securing:
<br /> A. Payment of indebtedness evidenced by any promissory note of Trustor in favor of Beneficiary; and
<br /> 6. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon at the rate or
<br /> sixteen percent (16%) per annum.
<br /> The indebtedness described in paragraphs A and B above is referred to as the "tndebtedness."
<br /> This Second Deed of Trust, any promissory note of Trustor in favor of Beneficiary and any other instrument given :c
<br /> evidence or further secure the payment and performance of any obligation secured hereby are referred to collectively as the "Loar.
<br /> Instruments'.
<br /> Trustor covenants that (i) Trustor holds title io the Trust Estate and has lawful authority to encumber the Trust Estate,
<br /> fii) the Trust Estate is free and clear of all liens and encumbrances except for easements, restrictions and covenants of record and
<br /> the Deed of Trust from Trustor encumbering the Property dated on or about the date hereof (the "First Deed of Trust"), and
<br /> tiii) Trustor will defend the Trust Estate against the lawful claims of any person.
<br /> To Protect the Security of this Second Deed of Trust:
<br /> 1. Payment oflndebiedness. Trustor shall pay when due the p�incipal of, and the interest on, the Indebtedness and
<br /> all other sums as provided in the Loan Instruments.
<br /> NIFA 2/96
<br /> HBA-6
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