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<br /> 99 110890
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<br /> NEBRASKA
<br /> SECOND DEED OF TRUST
<br /> (F�A LOai1)
<br /> This Second Deed of Trust (this "Second Deed of Trust"), is made as o( 1 1 —9 , 199� by and amonp
<br /> Linda G. Koehler, a single, woman
<br /> ("Trustor"), whose maii�ng address is 61 4 West 9th Street, Grand Island I�E
<br /> Commercial Federal Bank l'Trustee°)
<br /> , whose mailing address isp0 BOx 1 1 03
<br /> Omaha NE 681 01 —1 1 03 Nebraska; and Nebraska Investment Finance Authority
<br /> ("Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 68508-1402.
<br /> FOR VALUABLE CONSIDERATION, Trustor ir�evocably transfers,conveys and assigns to Trustee, IN TRUST,WITH POWEA
<br /> OF SALE, for the benefit and secu�ity 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 by reference (the 'Property"); and
<br /> TOGETHER WITH,all rents, profits, royalties, income and other benefits derived trom 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, title and
<br /> interest o( Trustor thereunder, all right, tiile and interest of Trustor in and to any greater estate in the Properry 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 /> tiile and interest of Trustor, �ow owned or hereafter acquired, in and to any land, lying within the righi-of-way of any sireet or
<br /> highway adjoining the 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"j, and all the
<br /> estate, interest, ripht, 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 of
<br /> the Trust Estate, including without limitatio� any awards resulting from a change of grade of streets and awards for severance
<br /> damafles.
<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 Securtnc�:
<br /> A• Payment o( 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 paraflraphs A and B above is referred to as the "Indebtedness."
<br /> This Second Deed of Trust, any promissary note of Trustor in favor oi Beneficiary and any other instrument given to
<br /> evidence or further secure the payment and performance of any obligation secured hereby are refe�red to collectively as the 'Loan
<br /> Instruments",
<br /> Trustor covenants that (i) Trustor holds title to the Trust Estate and has lawful authority to encumber the Trust Estate,
<br /> (ii) 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 the P�operty dated on or about the date hereof (the "First �eed of Trust"), and
<br /> (iii) Trustor will defend the Trust Estate apainst the lawful claims ot any person.
<br /> To Protect tlie Security of tt�ts Second Daed of Trust:
<br /> 1. Payment of/ndabtedness. Trustor shall pay when due the principal of, and the interest on, the Indebtedness and
<br /> all other sums as provided in the Loan (nstruments.
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