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Nebraska Second Deed of Trust (HBA Loan) 200204532 This Second Deed of Trust (this "Second Deed of Trust'), is made as of 04 -25 -2002, CHRISTINE L HALSEY by and among and, ( "Trustor"), whose mailing address is 420 S MADISON, GRAND ISLAND, NE 68801 and Commercial Federal Bank ( "Trustee ") mailing address is 13220 California St Omaha, NE 68154 Nebraska; and Nebraska Investment Finance Authority (`Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 68508 -1402. For Valuable Consideration, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of the Second Deed of Trust, the real property, legally described on Exhibit A attached hereto and incorporated herein by reference (the "Property"); and TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the Property (collectively, the "rents "), all leases or subleases covering the Property or any portion thereof now or hereafter existing or entered into, and all right, title and interest of Trustor thereunder, all right, title and interest of Trustor in and to any greater estate in the Property owned or hereafter acquired, all interests, estate or other claims , both in law and in equity, which Trustor now has or may hereafter acquire in the Property, and any and all buildings, fixtures and improvements now or hereafter erected thereon (the "Improvements "), and all the estate, interest, right, title or any claim or demand which Trustor now has or may hereafter acquire, in the Property, and any and all awards made for the taking by eminent domain, or by any proceeding or purchase in lieu there of, of the whole or any part of the Trust Estate, including without limitation any awards resulting from a change of grade of streets and awards for severance damages The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the "Trust Estate ". For the Purpose of Securing: A. Payment of indebtedness evidenced by any promissory note of Trustor in favor of Beneficiary; and B. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon at the rate of sixteen percent (16 %) per annum. The indebtedness described in paragraphs A and B above is referred to as the "Indebtedness." The Second Deed of Trust, any promissory note of Trustor in favor of Beneficiary and any other instrument given to evidence or further secure the payment and performance of any obligation secured hereby are referred to collectively as the "Loan Instruments ". Trustor covenants that (I) Trustor holds title to the Trust Estate and has lawful authority to encumber the Trust Estate, (ii) the Trust Estate is free and clear of all liens and encumbrances except for easements, restrictions and covenants of record and the Deed of Trust from Trustor encumbering the Property dated on or about the date hereof (the "First Deed of Trust "), and (iii) Trustor will defend the Trust Estate against the lawful claims of any person. To Protect the Security of this Second Deed of Trust: L Payment of indebtedness. Trustor shall pay when due the principal of , and the interest on, the indebtedness and all other sums as provided in the Loan Instruments. 2. Taxes. Trustor shall pay each installment of all taxes and special assessments of every kind, now or hereafter against the Trust Estate or any part thereof, before delinquency, without notice of demand. 3. Insurance and Repairs. Trustor shall maintain fire and extended coverage insurance insuring the Improvements constituting part of the Trust Estate for such amounts and on such terms reasonably satisfactory to Beneficiary. So long as the Property is secured by a first deed of trust or mortgage, compliance with the insurance requirements of the first deed of trust or mortgage shall be sufficient to satisfy the requirements of this paragraph 3 relating to insurance.