|
C7
<br />NEBRASKA
<br />SECOND DEED 01= TRUST
<br />Tr This Second Deed of Trust (this 'Second Deed of Trust*), ), ismade as of November, 9th boy end among
<br />Grant E, and Leah A. Fairbanks, husband and wife
<br />('Trusto( '1. whose mailing address is },
<br />Commercial Federal Bagirustee ") 823West 5 w- itosetm�get eaddress isd Island 68801
<br />(*Beneficiary'), f� n1 ebraska; and Nebraska Investment FpnCan Boi irtt110 y3
<br />ry'I whose mailin address I�zt7t7 t;orc� L1o�irt, 11213 Street, Uncoln, 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 b reference (the 'Property');
<br />g Y p
<br />y and
<br />TOGETIIER 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, tide 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 />title 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 tite 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 at
<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 (1696) 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 GI Trustor holds title to ttte Trust Estate and has lawful authority to encumber the Trust Estate.
<br />Gil 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 ttte Property dated on or about the date hereof Idle 'First Deed of Trust'), and
<br />01 Trustor will defend the Trust !state against the lawful claims of any person.
<br />To Protect the Security of this Second Deed of Trust:
<br />(1 e)
<br />c
<br />n
<br />o
<br />2
<br />D
<br />p
<br />~
<br />c --q
<br />o
<br />�_
<br />n
<br />S
<br />c
<br />�m
<br />rV
<br />co
<br />C
<br />o
<br />o
<br />cCo
<br />C7
<br />M
<br />COO
<br />M
<br />03
<br />MX
<br />�
<br />Ca
<br />;
<br />Cn
<br />C
<br />co
<br />1t
<br />N
<br />J
<br />0
<br />NEBRASKA
<br />SECOND DEED 01= TRUST
<br />Tr This Second Deed of Trust (this 'Second Deed of Trust*), ), ismade as of November, 9th boy end among
<br />Grant E, and Leah A. Fairbanks, husband and wife
<br />('Trusto( '1. whose mailing address is },
<br />Commercial Federal Bagirustee ") 823West 5 w- itosetm�get eaddress isd Island 68801
<br />(*Beneficiary'), f� n1 ebraska; and Nebraska Investment FpnCan Boi irtt110 y3
<br />ry'I whose mailin address I�zt7t7 t;orc� L1o�irt, 11213 Street, Uncoln, 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 b reference (the 'Property');
<br />g Y p
<br />y and
<br />TOGETIIER 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, tide 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 />title 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 tite 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 at
<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 (1696) 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 GI Trustor holds title to ttte Trust Estate and has lawful authority to encumber the Trust Estate.
<br />Gil 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 ttte Property dated on or about the date hereof Idle 'First Deed of Trust'), and
<br />01 Trustor will defend the Trust !state against the lawful claims of any person.
<br />To Protect the Security of this Second Deed of Trust:
<br />
|