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<br /> � � � J. �4 1 6 c� SEC(D�DEE�D n, TRUST C\J '
<br /> This Seco�d Deed oi Trust (this 'Second Deed of Trust"1, is made as oiDEC . 23 � �9�, by and among .: c�
<br /> ' �V ANESSA A. ARNOLDY 1P e � S�� GRAND ISLAN�, ;NE
<br /> �"Trustor 1, whose mailing address is �1��dE5'�' �I �
<br /> COMMERCIAL FEDERAL BANK ("Trustee") , whose mailing '�ddress is
<br /> 450 REGENCY PKWY, OMAHA , Nebraska; and Nebraska Investment Fi�ance Authorit�
<br /> ('Be�eiiciary'1, whose mailing address is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 68508-1402.
<br /> �OR VALUABLE CONSIDERATION,Trustor irrevocably transfers,conveys and assigns to Trustee,IN TRUST,WITN POWEF
<br /> OF SALE, for the benefit 8nd security oi Beneficiary, unde� and subject to the te�ms and conditions of this Second Deed of T�us�
<br /> the real property, legally desc�ibed on Exhibit A attached hereto and incorporated herein by reference (the "Property"1; and
<br /> TOGETHER WiTH,all rents,proiits,royalties,income and other bene(its derived from the Property(collectively,the'rents"'
<br /> all leases or subleases coverinp the Property o�any portion thereof now or hereafter existing or entered into, and all right, title arn
<br /> Interest oi Trustor thereunder, ell right,title and inte�est of Trustor in and to any preater estate in the Property owned or hereafte
<br /> acquired, all i�terests, estate o� other claims, both in law and in equity, which Trustor �ow has or may hereafter acquire in th
<br /> P�operty, ali easements, rights-of-way, tenements, hereditaments a�d appurte�ances thereof and thereto, all water rights, all righ�
<br /> ti�le and i�terest of Trustor, now owned or hereatter acqui�ed, In and to any land, lying within the �ight-of-way of a�y street c
<br /> highway 8djotntng the Property, e�d a�y and all elleys and strips a�d gores of land adjacent to or used in connection with th
<br /> Property, snd 8ny snd el)buildings, iixtures and improveme�ts now or hereatter erected thereon (the "Improvements"1, and all th
<br /> estate, interest, right, title o�8ny ctaim or demand which Trustor�ow has o�may hereaiter acquire i� the Property, and any an
<br /> all awards made for the taking by eminent domain, or by any proceeding o�purchase tn Iteu thereof, of the whole or any part c
<br /> the Trust Estate, including without limitation any awards resulting from 8 change of grade of streets and awa�ds for severanc
<br /> damages.
<br /> The Property and the enti�e estate a�d interest conveyed to the Trustee are referred to coliectively as the "Trust Estate
<br /> For tha Purpose of Secu�ing:
<br /> A. Payment of indebtedness evidenced by any promissory note of Trusto� in favor of Beneiiciary; and
<br /> B. Payment of ell sumS advanced by �eneficiary to protect the Trust Estate, with interest thereon at the rate
<br /> sixteen percent f 169G) per annum.
<br /> The indebtedness described in paragraphs A and B above is referred to as the "Indebtedness." �
<br /> This Second beed of Trust, any p�omissory note of Trustor in favor of Beneficiary and any other instrument given
<br /> evidence or turther secu�e the payment 8nd pe�iormance ot any obligation secured hereby are refer�ed to collectively as the "Lo
<br /> Instruments".
<br /> 7�ustor covenents that (i) T�ustor holds title to the Trust Estate gnd has lawiul authority to encumber the T�ust Esta�
<br /> (ii) the Trust Estatb is i�ee�nd clesr oi all qens and encumbrances except for easements, restrictions and covenants of record a
<br /> the Deed oi Trust irom trustor encumberinp the Property dated on or about the date he�eof (the 'First Deed of TrusYl, a
<br /> (iii) Trustor will detend the Trust Estate egainst the lawiul clalms oi any person.
<br /> To Protect ths Security ot thts Second Deed ot Trust:
<br /> 1, Payment ot/�debtedness. T�ustor shall pay when due the principal oi,and the interest on, the Indebtedness s
<br /> all other sums as provlded In the Logn Instruments. .
<br /> NIFA 2.
<br /> HBA-6
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