T 2 �\ !,A
<br /> n n
<br /> C m�\
<br /> . � n =
<br /> �•• n = � " � � o � m
<br /> � x ...---��� �-� � D � cD
<br /> r"� � `� Z —I
<br /> r� + °--{ —I 1'Tl � c'~D
<br /> � � K � CD Q.
<br /> c�`
<br /> T �' --� O '►1 � V�i
<br /> ,, � 'ri
<br /> ��� `�-• � � frl � C�A
<br /> � f'�7 P�`` �� 37► W �� �
<br /> ^ f_ � � �" :e�
<br /> �"� �� W r c�i� � �
<br /> „ {�+,, � � �
<br /> O �,,,� W •-y-
<br /> N N
<br /> N --C O
<br /> 99 110034 ��
<br /> -_..
<br /> ��
<br /> �'
<br /> �
<br /> NEBRASKA
<br /> SECOND OEED OF TRUST
<br /> (HBA Loan)
<br /> This Second Deed of Trust (this "Second Deed of Trust"1, is made as of 1 0-1 2 , 199g, by and among
<br /> Beverly A. Wortman, a sin le person
<br /> ("Trustor"), whose ma�ing address is 1 1 24 West 4th Str, et Grand Islane�l NE
<br /> Commercial Federal Bank ('Trustee") Fi- � �ddress is
<br /> , w ose ma�ing p,O. Box'� 1 0 3
<br /> , p 1 Nebraska; and Nebraska Investment Finance Authority
<br /> ("Beneficiary"), whose mailing addres�snis��0 Commere�Court� 1��0 O Street, Lincoln, Nebraska 68508-1402.
<br /> FOR VALUABLE CONS�DERATION, Trustor irrevocably transfers,conveys and assigns to Trustee, IN TRUST,WITH POWER
<br /> OF SALE, for ihe benefit and security of Beneficiary, under and subject to the terms and conditions of ihis 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 exisiing or entered inio, 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, bpth 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 /> tiile and i�terest 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 o� 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 emi�ent 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 e�tire estate and interest conveyed to the Trustee are referred to coltectively as the "Trust Estate".
<br /> Fo� the Purpose of Securing:
<br /> A. Payment of indebtedness evidenced by any p�omissory 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, a�y 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 (i1 Trustor holds title to the Trust Estate and has lawful authority to encumber the Trust Estate,
<br /> (ii} the Trust Esiate 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 Oeed of TrusY1, and
<br /> (iii) Trustor will defend the Trust Estate against the lawful claims of any person.
<br /> To Protect the Security of this Second Deed of Trust:
<br /> 1. Payment of/ndebtedness. Trustor shall pay when due the principal of, and the i�terest on, the Indebtedness and
<br /> all other sums as provided in the Loan Instruments.
<br /> 1 NIFA 2/96
<br />
|