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<br />Second Deed of Trust
<br />(MBA Loan)
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<br />C.J
<br />200205722
<br />This Second Deed of Trust (this "Second Iked of Trust'), is made as of 05/24/2002, CYNTHIA S ROBERTS by and among and,
<br />( "Trustar'), wbose mailing address is 2407 N TAYLOR, GRAND ISLAND, NEBRASKA, 68803 and Commercial Federal Bank
<br />(`Trustee ") mailing address is 13220 California SL Omaha, NE 68154
<br />Nebraska; and Nebraska Investment Finance Authority ( "Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O
<br />Street, Li re.]n, Nebraska 68508 -1402.
<br />For Valuable Consideration, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE,
<br />for the benefit and security of Beneficiary, under and subject to the terms and conditions of the Second Deed of Trust, the real pmpcny,
<br />legally described un Exhibit attached hereto and incorporated herein by reference (the "Property"); and
<br />TOGETTIER WHITE all rents, profits, royalties, income and other benefits derived from the Property (collectively, the'tents'),
<br />all leases at subleases covering the Property or any portion thereof now or hereafter existing or entered into, and all right, title and interest
<br />of Trustor thereunder, all right, title and interest of Truster in and to any greater estate in the Property owned or hmeafter acquired, alp
<br />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
<br />buildings, fixtures and improvements now or hereafter erected thereon (the "Improvements"), end all the estate, interest, right, title or any
<br />claim or demand which Truster now has or may hereafter acquire, in the Property, and any and all awards made for the taking by eminent
<br />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
<br />awards resulting from a change of grade of streets and awards for severance damages
<br />I'he Property and the entire estate mid interest conveyed to the Trustee are referred to collectively as the "Trust 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 stuns advanced by Beneficiary to protect the Trust Estate, with interest thereon at the rate of sixteen percent
<br />(16 %) per annum.
<br />The indebtedness described in paragraphs A and B above is referred m as the "Indebtedness.
<br />The Second Deed of Trust, any promissory note of Truster in favor of Beneficiary and any other instrument given to evidence or
<br />further secure the payment and performance of any obligation secured hereby are related to collectively as the ` Ecan Instruments ".
<br />Trustor covenants that (I) Truster holds title to the Tmst Estate and has lawful authority to encumber the Trust Estate, (ii) the
<br />Trust Estate is free and clear of aI I liens and encumbrances except for easements, restrictions and covenants of reconl and the Deed of
<br />'f rust from Truster encumbering the Property dated on or about the date hereuf (the "First Used of"Imid "), and (iii) Trustor will defend the
<br />Trust Estate against the lawful claims ofany person.
<br />To Protect the Security of this Second Deed of Trust
<br />1. Payararr of hrdehnsda.. Trainor shall pay when due the principal ol', and the interest an, the indebtedness and all other sums
<br />as provided in the Luan bnstruments.
<br />2. Tares. Trustor shall pay each installment of all taxes mid special assessments of every kind, now or hereafter against the bust
<br />Estate or any part thereof, before delinquency, without notice of demand.
<br />3. insurance ru d Repairs. Truism, shall maintain foe and axta ded coverage insurance inswing the Improvements constituting
<br />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
<br />first deed of trust or mortgage, compliance with the insurance requirements of the first deed of trust or mortgage shall be sufficient to
<br />satisfy the requirements of this paragraph 3 relating to insurance.
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<br />Nebraska
<br />Second Deed of Trust
<br />(MBA Loan)
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<br />200205722
<br />This Second Deed of Trust (this "Second Iked of Trust'), is made as of 05/24/2002, CYNTHIA S ROBERTS by and among and,
<br />( "Trustar'), wbose mailing address is 2407 N TAYLOR, GRAND ISLAND, NEBRASKA, 68803 and Commercial Federal Bank
<br />(`Trustee ") mailing address is 13220 California SL Omaha, NE 68154
<br />Nebraska; and Nebraska Investment Finance Authority ( "Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O
<br />Street, Li re.]n, Nebraska 68508 -1402.
<br />For Valuable Consideration, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE,
<br />for the benefit and security of Beneficiary, under and subject to the terms and conditions of the Second Deed of Trust, the real pmpcny,
<br />legally described un Exhibit attached hereto and incorporated herein by reference (the "Property"); and
<br />TOGETTIER WHITE all rents, profits, royalties, income and other benefits derived from the Property (collectively, the'tents'),
<br />all leases at subleases covering the Property or any portion thereof now or hereafter existing or entered into, and all right, title and interest
<br />of Trustor thereunder, all right, title and interest of Truster in and to any greater estate in the Property owned or hmeafter acquired, alp
<br />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
<br />buildings, fixtures and improvements now or hereafter erected thereon (the "Improvements"), end all the estate, interest, right, title or any
<br />claim or demand which Truster now has or may hereafter acquire, in the Property, and any and all awards made for the taking by eminent
<br />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
<br />awards resulting from a change of grade of streets and awards for severance damages
<br />I'he Property and the entire estate mid interest conveyed to the Trustee are referred to collectively as the "Trust 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 stuns advanced by Beneficiary to protect the Trust Estate, with interest thereon at the rate of sixteen percent
<br />(16 %) per annum.
<br />The indebtedness described in paragraphs A and B above is referred m as the "Indebtedness.
<br />The Second Deed of Trust, any promissory note of Truster in favor of Beneficiary and any other instrument given to evidence or
<br />further secure the payment and performance of any obligation secured hereby are related to collectively as the ` Ecan Instruments ".
<br />Trustor covenants that (I) Truster holds title to the Tmst Estate and has lawful authority to encumber the Trust Estate, (ii) the
<br />Trust Estate is free and clear of aI I liens and encumbrances except for easements, restrictions and covenants of reconl and the Deed of
<br />'f rust from Truster encumbering the Property dated on or about the date hereuf (the "First Used of"Imid "), and (iii) Trustor will defend the
<br />Trust Estate against the lawful claims ofany person.
<br />To Protect the Security of this Second Deed of Trust
<br />1. Payararr of hrdehnsda.. Trainor shall pay when due the principal ol', and the interest an, the indebtedness and all other sums
<br />as provided in the Luan bnstruments.
<br />2. Tares. Trustor shall pay each installment of all taxes mid special assessments of every kind, now or hereafter against the bust
<br />Estate or any part thereof, before delinquency, without notice of demand.
<br />3. insurance ru d Repairs. Truism, shall maintain foe and axta ded coverage insurance inswing the Improvements constituting
<br />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
<br />first deed of trust or mortgage, compliance with the insurance requirements of the first deed of trust or mortgage shall be sufficient to
<br />satisfy the requirements of this paragraph 3 relating to insurance.
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