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. <br />;a <br />n <br />n"1 <br />�. <br />2 <br />M <br />D <br />CA <br />o <br />t-4 <br />r\3 <br />ca <br />Z <br />D <br />p <br />r <br />O" <br />ee <br />-n <br />p <br />O <br />F-i <br />M <br />cm <br />CD <br />r— z <br />I-" <br />r <br />co <br />cn <br />C-0 <br />ca <br />co <br />Ln <br />... <br />w <br />o <br />C16 <br />Qn <br />200108935 <br />NEBRASKA <br />SECOND DEED OF TRUST <br />UMA Loan) <br />This Second Deed of Trust (this "Second Deed of Trust "), is made as of August 271, 2000by and among <br />Damian Vazquez and Maria C. Vazquez, husband and wife, <br />Commercial Federal stogy whose mailing address )is 2124 West 10th Street, Grand Island NE 68803 <br />whose mailing address Is , <br />( "Beneficiary "), whose mailing a ress fs 681 1-11n Nebraska; and Nebraska Investment Finance Authority <br />MO Commerce �ourt, 4430 O Street, Lincoln, Nebraska 68508 -1402. <br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER <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 />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the Property (collectively, the "rents "), <br />all leases or subleases covering the Property or any portion thereof now or hereafter existing or entered into, and all right, title and <br />interest of Trustor thereunder, all 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 />tide 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 erected 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 Property, 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 />B. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with Interest thereon at the rate of <br />sixteen percent (16°x) per annum. <br />The indebtedness described in paragraphs A and B above is referred to as the "Indebtedness." <br />This Second Deed of Trust, any promissory note of Trustor in favor of Beneficiary and any other instrument given to <br />evidence or further secure the payment and performance of any obligation secured hereby are referred to collectively as the "Loan <br />Instruments ". <br />Trustor covenants that (i) Trustor holds title to the Trust Estate and has lawful authority to encumber the Trust Estate, <br />(ii) (lie 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 />(iii) Trustor will defend the Trust Estate against the lawful claims of any person. <br />To Protect the Security of tills Second Deed of Trust: <br />1. Payment of Indebtedness. Trustor shall pay when due the principal of, and the Interest on, the Indebtedness and <br />all other sums as provided in the Loan Instruments. <br />