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NEBSKA
<br />N N
<br />2 0 0 010 4 5 2 SECOND DEED OF TRUST v'
<br />(HBA Loan)
<br />Trust', This Second Deed of Trust (this "Second Deed of Trust', is made as of November 29, 2000 , by and among
<br />CHAD M CON KLIN, AN UNMARRIED PERSON ("Trustor(s)'�, whose mailing address is 1016 W JOHN ST GRAND ISLAND, NE
<br />68801 -6646 ; COMMERCIAL FEDERAL BANK, A FEDERAL SAVINGS BANK (Trustee'), whose mailing address is 450 REGENCY��
<br />PARKWAY, OMAHA NE 68114;
<br />and Nebraska Investment Finance Authority Beneficial
<br />ty (' ry l, whose mailing address is 200 Commerce Court, 1230 0 Street,
<br />Lincoln, Nebraska 68508 -1402.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Second
<br />Deed of Trust the real property, legally described as follows:
<br />LOT SIX (6) IN BLOCK SIX (6) IN WINDOLPH'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br />(the "Property'); and
<br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the Property (collectively, the
<br />"rents'), all leases or subleases covering the Property or any portion thereof now or hereafter existing or entered into, and all
<br />right, title and interest of Trustor thereunder, all right, title and interest of Trustor in and to any greater estate in the Property
<br />owned or hereafter acquired, all interests, estate or other claims, both in law and in equity, which Trustor now has or may
<br />hereafter acquire in the Property, all easements, rights -of -way, tenements, hereditaments and appurtenances thereof and
<br />thereto, all water rights, all rights, title and interest of Trustor, now owned or hereafter acquired, in and to any land, lying
<br />within the right -of -way of any street or highway adjoining the Property, and any and all alleys and strips and gores of land
<br />adjacent to or used in connection with the Property, and any and all building, fixtures and improvements now or hereafter
<br />erected thereon (the "Improvements'l, and all the estate, interest, right, title or any claim or demand which Trustor now has
<br />or may hereafter acquire in the property, and any and all awards made for the taking by eminent domain, or by any
<br />proceeding or purchase in lieu thereof, of the whole or any part of the Trust Estate, including without limitation any awards
<br />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 as the "Trust
<br />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 %) 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
<br />"Loan Instruments ".
<br />Trustor covenants that (i) Trustor holds title to the Trust Estate and has lawful authority to encumber the Trust
<br />Estate, (ii) the Trust Estate is free and clear of all liens and encumbrances except for easements, restrictions and covenants of
<br />01- 05228772
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<br />NEBSKA
<br />N N
<br />2 0 0 010 4 5 2 SECOND DEED OF TRUST v'
<br />(HBA Loan)
<br />Trust', This Second Deed of Trust (this "Second Deed of Trust', is made as of November 29, 2000 , by and among
<br />CHAD M CON KLIN, AN UNMARRIED PERSON ("Trustor(s)'�, whose mailing address is 1016 W JOHN ST GRAND ISLAND, NE
<br />68801 -6646 ; COMMERCIAL FEDERAL BANK, A FEDERAL SAVINGS BANK (Trustee'), whose mailing address is 450 REGENCY��
<br />PARKWAY, OMAHA NE 68114;
<br />and Nebraska Investment Finance Authority Beneficial
<br />ty (' ry l, whose mailing address is 200 Commerce Court, 1230 0 Street,
<br />Lincoln, Nebraska 68508 -1402.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Second
<br />Deed of Trust the real property, legally described as follows:
<br />LOT SIX (6) IN BLOCK SIX (6) IN WINDOLPH'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA,
<br />(the "Property'); and
<br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the Property (collectively, the
<br />"rents'), all leases or subleases covering the Property or any portion thereof now or hereafter existing or entered into, and all
<br />right, title and interest of Trustor thereunder, all right, title and interest of Trustor in and to any greater estate in the Property
<br />owned or hereafter acquired, all interests, estate or other claims, both in law and in equity, which Trustor now has or may
<br />hereafter acquire in the Property, all easements, rights -of -way, tenements, hereditaments and appurtenances thereof and
<br />thereto, all water rights, all rights, title and interest of Trustor, now owned or hereafter acquired, in and to any land, lying
<br />within the right -of -way of any street or highway adjoining the Property, and any and all alleys and strips and gores of land
<br />adjacent to or used in connection with the Property, and any and all building, fixtures and improvements now or hereafter
<br />erected thereon (the "Improvements'l, and all the estate, interest, right, title or any claim or demand which Trustor now has
<br />or may hereafter acquire in the property, and any and all awards made for the taking by eminent domain, or by any
<br />proceeding or purchase in lieu thereof, of the whole or any part of the Trust Estate, including without limitation any awards
<br />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 as the "Trust
<br />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 %) 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
<br />"Loan Instruments ".
<br />Trustor covenants that (i) Trustor holds title to the Trust Estate and has lawful authority to encumber the Trust
<br />Estate, (ii) the Trust Estate is free and clear of all liens and encumbrances except for easements, restrictions and covenants of
<br />01- 05228772
<br />
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