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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
<br />on, the Indebtedness and all other sums as provided in the Loan Instruments.
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<br />NEBRASKA SECOND DEED OF TRUST
<br />(RBA Loan)
<br />This Second Deed of Trust (this "Second Deed of Trust "), is made as of November 3, 2000 by and among
<br />Travis F. Walker and Christina M. Watson, Both Single Persons, as Joint Tenants with right of
<br />�C'1
<br />survivorship, ( "Trustors "), Five Points Bank, a Nebraska Corporation, ( "Trustee "), whose mailing address
<br />is PO Box 1507 Grand Island, NE 68802; Five Points Bank, a Nebraska Corporation, (`Beneficiary"),
<br />whose mailing address is PO Box 1507 Grand Island, NE 68802.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to
<br />Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and
<br />subject to the terms and conditions of this Second Deed of Trust, the real property, legally described as
<br />follows:
<br />Lot Two (2), in the Block Seventy-Six (76), in Wheeler and Bennett's Third Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />Which has the address of 217 E. 15th St., Grand Island, Nebraska 68801.
<br />TOGETHER WITH, all rents, profits, royalties, income, and other benefits derived from the Property
<br />(collectively, the "rents "), all leases or sub leases 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 the
<br />Property, all easements, rights -of -way, tenements, hereditaments and appurtenances thereof and thereto, all
<br />water rights, all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land,
<br />lying within the right -of -way of any street or highway adjoining the Property, and any and all alleys and
<br />strips and gores of land adjacent to or used in connection with the Property, and any and all buildings,
<br />fixtures and improvements now or hereafter acquire in the Property, and any part of the Trust Estate,
<br />including without limitation any awards resulting from a change of grade of streets and awards for
<br />severance damages.
<br />The property and the entire estate and interest conveyed to the Trustee are referred to collectively
<br />as the "Trust Estate ".
<br />For the Purpose of Securing:
<br />A. Payment of indebtedness evidenced by any promissory note of the Trustor in favor of
<br />Beneficiary; and
<br />B. Payment of all sums advanced by Beneficiary to protect the Trust Estate with interest thereon
<br />at the rate of sixteen percent (16 %) 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
<br />instrument given to evidence or further secure the payment and performance of any obligation
<br />secured hereby are referred to collectively as the "Loan Instruments ".
<br />Trustor covenants that (i) Trustor holds title to the Trust Estate and has a lawful authority to
<br />encumber the Trust Estate, (ii) the Trust Estate is free and clear of all liens and encumberances
<br />except for easements, restrictions and covenants of record and (iii) Trustor will defend the Trust
<br />Estate against 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
<br />on, the Indebtedness and all other sums as provided in the Loan Instruments.
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