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200204727 NEBRASKA SECOND DEED OF TRUST (HBA LOAN) This Second Deed of Trust (thus "Second Deed of Trust"), is made as of MAY 1, 2002 by and among CLINTON A CRAMER AND MELANIE C NOLAN ( "Trustor"), whose mailing address is 315 EAST 16TH STREET GRAND ISLAND NE; Commercial Federal Bank, A Federal Savings Bank ( "Trustee"), whose mailing address is PO Box 1103 Omaha, NE 68101 -1105; mid Nebraska Investment Finance Authority ( "Beneficiary'), whose mailing address is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 69508 -1402. FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH PO WER OF SALE, for the benefit and security of Beneficiary, under and subject to the terns and conditions of this Second Deed of Trust, die 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 die Property (collectively, the `4crts "), all leases or subleases covering the Property or any portion thereof now or hereafter existing or entered into, and all right, dtle and interest of Trustor thereunder, all right, title and interest of Truster 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, all easements, rights-of -way, tenements, hereditaments and appurtenances thereof and thereto, all water rights, all right, title and interest of Trustor, now owned or hereafter acquired, in and to any land, lying within the right -of -way of any street or highway adjoining the Property, mid any and all alleys and strips and gores of land adjacent to or used in connection with 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 bereafter acquire in the Property, and any and 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 the Trust Estate, including without limitation any awards resulting from a change or grade of streets and awards for severance damages. The Properly 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.° This 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". TmateT covenants that (i) Trustor holds title to the Trust Estate mid has lawful authority to encumber the Trust Estate, (ii) the Trust Estatc 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) Tmstor will defend the Trust Estate against the lawful claims of any person. To Protect the Security of this Second Deed of Trust: Payment of/ndebtedaess. Trustor shall pay when due the principal of, and the interest on, the Indebtedness and all other shuns as provided in the Loan Instruments. Tuxes Trustor shall pay each installment of all truces and special assessments of every kind, now or hereafter levied against the Trust Estate or any pan thereof before delinquency, without notice or demand.