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<br />200408304
<br />NEBRASKA
<br />SECOND DEED OF TRUST
<br />(HBA LOAN)
<br />This Second Deed of Trust (this "Second Deed of Trust "), is made as of AUGUST 19, 2004 by and among GUADALUPE
<br />VILLAVICENCIO AND JOSE ALFREDO ANAYA ( "Trustor "), whose mailing address is 924 SOUTH KIMBALL
<br />AVENUE GRAND ISLAND, NEBRASKA 68801; Commercial Federal Bank, A Federal Savings Bank ( "Trustee "), whose
<br />mailing address is PO Box 1103 Omaha, NE 68101 -1105; and Nebraska Investment Finance Authority ( "Beneficiary"),
<br />whose mailing address is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 68508 -1402.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST,
<br />WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this
<br />Second Deed of Trust, the real property, legally described on Exhibit A attached hereto and incorporated herein by reference
<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 thereto,
<br />all water rights, all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land, lying within the
<br />right -of -way of any street or highway adjoining the Property, and any and all alleys and strips and gores of land adjacent to or
<br />used in connection with the Property, and any and all buildings, fixtures and improvements now or hereafter erected thereon
<br />(the "Improvements "), and all the estate, interest, right, title or any claim or demand which Trustor now has or may hereafter
<br />acquire in the Property, and any and all awards made for the taking by eminent domain, or by any proceeding or purchase in
<br />lieu thereof, of the whole or any part of the Trust Estate, including without limitation any awards resulting from a change or
<br />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 evidence
<br />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 (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
<br />and the Deed of Trust from Trustor encumbering the Property dated on or about the date hereof (the "First Deed of Trust "), 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 />Payment of/ndehtedness. Trustor shall pay when due the principal of, and the interest on, the Indebtedness
<br />and all other sums as provided in the Loan Instruments.
<br />2. Taxes. Trustor shall pay each installment of all taxes and special assessments of every kind, now or hereafter
<br />levied against the Trust Estate or any part thereof before delinquency, without notice or demand.
<br />3. Insurance and Repairs. Trustor shall maintain fire and extended coverage insurance insuring the
<br />Improvements constituting part of the Trust Estate for such amounts and on such terms reasonably
<br />satisfactory to Beneficiary. So long as the Property is secured by a first deed of trust or mortgage,
<br />G"J,
<br />p, 15,
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