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<br />NEBRASKA Leaznick
<br />SECOND DEED OF IRUST Loan Number: 5PT21219
<br />(HBA Logo)
<br />This Second Deed of Trust (this "Second Deed of Trust "), is made as of January 24, 2003
<br />by and among Kelli R. Czarnick, an Unmarried Person
<br />a1 D('
<br />(Trustor"), whose mailing address is
<br />1909 W. College Grand Island, NE 68803
<br />( "Trustee ") Commercial Federal Bank, a Federal Savings Rank
<br />whose mailing address is 450 Regency Parkway Omaha, tiE
<br />68114 , Nebraska; and Nebraska Investment finance
<br />Authority ( "Beneficiary' ), whose mailing address is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 68508 -1402.
<br />FOR VALUABLE CONSIDERA PION, I Tustin irrevocably transfers, conveys and assigns to Trustee, IN TRUST,
<br />WITH POWER OP SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this
<br />Second Deed of'I'rust, the real property, legally described on Exhibit A attached hereto and incorporated herein by reference
<br />(the "Property'); and
<br />TOGETHER WITH, all rents, pnrfits, 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 Truslor 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 mid in equity, which Trustor now has or may
<br />hereafter acquire in die 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 Truster now has or may hereafter
<br />acquire in the Property, and any and all awards made for the taking by eminent domain, or by an proceeding or purchase in lieu
<br />thereof, ofthe whole or any part ofthe Trust Estate, including without limitation any awards resulting from a change ofgrade
<br />of streets and awards far 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 sixteen
<br />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 Truster 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
<br />"Itom 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 fine mid 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 date 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 />DOtoauN1 Pnecl 014
<br />oaweox, vmx - 11112100
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