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202102386
<br />LOAN #: 001879056
<br />the terms and conditions of this Second Deed of Trust, the real property, legally described as follows
<br />(the "Property"):
<br />Lot Seven (7), Block Six (6), H.G. Clarks Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />APN #: 400030128
<br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the Property
<br />(collectively, the "rents"), all leases or subleases covering the Property or any portion thereof now or
<br />hereafter existing or entered into, and all right, title and interest of Trustor thereunder, all right, title and
<br />interest of Trustor in and to any greater estate in the Property owned or hereafter acquired, all interests,
<br />estate or other claims, both in law and in equity, which Trustor now has or may hereafter acquire in
<br />the Property, all easements, rights-of-way, tenements, hereditaments and appurtenances thereof and
<br />thereto, all water rights, all right, title and interest of Trustor, now owned or hereafter acquired, in and
<br />to any land, lying within the right-of-way of any street or highway adjoining the Property, and any and
<br />all alleys and strips and gores of land adjacent to or used in connection with the Property, and any and
<br />all buildings, fixtures and improvements now or hereafter erected thereon (the "Improvements"), and all
<br />the estate, interest, right, title or any claim or demand which Trustor now has or may hereafter acquire
<br />in the Property, and any and all awards made for the taking by eminent domain, or by any proceeding
<br />or purchase in lieu thereof, of the whole or any part of the Trust Estate, including without limitation any
<br />awards resulting from a change of grade of streets and awards for severance damages.
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to collectively
<br />as the "Trust Estate". For the Purpose of Securing:
<br />A. Payment of indebtedness evidenced by the Second Promissory Note of Trustor in the amount
<br />of $7,815.00 in favor of Beneficiary (the "Promissory Note"); and
<br />B. Payment of all sums advanced by Beneficiary to protect the Trust Estate.
<br />The indebtedness described in paragraphs A and B above is referred to as the "Indebtedness."
<br />This Second Deed of Trust, the Promissory Note of Trustor in favor of Beneficiary and any other
<br />instrument given to evidence or further secure the payment and performance of any obligation secured
<br />hereby are referred to collectively as the "Loan Instruments".
<br />Trustor covenants that (i) Trustor holds title to the Trust Estate and has lawful authority to encumber
<br />the Trust Estate, (ii) the Trust Estate is free and clear of all liens and encumbrances except for easements,
<br />restrictions and covenants of record and the Deed of Trust from Trustor encumbering the Property dated
<br />on or about the date hereof (the "First Deed of Trust"), and (iii) Trustor will defend the Trust Estate against
<br />the lawful claims of any person.
<br />To Protect the Security of this Second Deed of Trust:
<br />1. Payment of Indebtedness. Trustor shall pay when due the principal of, and the interest on, the
<br />Indebtedness and all other sums as provided in the Loan Instruments.
<br />2. Taxes. Trustor shall pay each installment of all taxes and special assessments of every kind,
<br />now or hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice
<br />or demand.
<br />3. Insurance and Repairs. Trustor shall maintain fire and extended coverage insurance insuring
<br />the Improvements constituting part of the Trust Estate for such amounts and on such terms reasonably
<br />NIFA HBA Loan/Form H
<br />(10/2015) 4826-5279-3871.2
<br />Ellie Mae, Inc.
<br />Page 2 of 6 I1052NEDE 0915
<br />I1052NEDE (CLS)
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