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<br />H O Z
<br />m O
<br />NEBKA
<br />2 0 0 2 0 5 7 6 6 SECOND DEED O TRUST
<br />(HBA Loan) r
<br />This Second Deed of Trust (this "Second Deed of Trust', is made as of May 29, 2002 , by and among
<br />MATTHEW 3 BONNER and LACEY A BONNER, HUSBAND AND WIFE ("Trustor(s)ff), whose mailing address is 2515 DEL MONA
<br />AVE GRAND ISLAND, NE 68803 -6329 ; COMMERCIAL FEDERAL BANK, A FEDERAL SAVINGS BANK (Trustee"), whose mailing - -.^
<br />address Is 450 REGENCY PARKWAY, OMAHA NE 68114;
<br />and Nebraska Investment Finance Authority ("Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O Street,
<br />Lincoln, Nebraska 68508 -1402.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br />POWER OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Second
<br />Deed of Trust the real property, legally described on Exhibit A attached hereto and incorporated herein by reference (the
<br />"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 Truster 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 Truster now has or may
<br />hereafter acquire in the Property, all easements, rights -of -way, tenements, hereditaments and appurtenances thereof and
<br />thereto, all water rights, all rights, title and interest of Trustor, now owned or hereafter acquired, in and to any land, lying
<br />within the right -of -way of any street or highway adjoining the Property, and any and all alleys and strips and gores of land
<br />adjacent to or used In connection with the Property, and any and all building, fixtures and improvements now or hereafter
<br />erected thereon (the "Improvements"), and all the estate, interest, right, title or any claim or demand which Truster now has
<br />or may hereafter acquire in the property, and any and all awards made for the taking by eminent domain, or by any
<br />proceeding or purchase in lieu thereof, of the whole or any part of the Trust Estate, including without limitation any awards
<br />resulting from a change of 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 Truster in favor of Benefclary; 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
<br />Evidence or further secure the payment and performance of any obligation secured hereby are referred to collectively as the
<br />"Loan Instruments ".
<br />Trustor covenants that (i) Truster holds title to the Trust Estate and has lawful authority to encumber the Trust
<br />Estate, (ii) the Trust Estate is free and clear of all liens and encumbrances except for easements, restrictions and covenants of
<br />record and the Deed of Trust from Trustor encumbering the Property dated on or about the date hereof (the "First Deed of
<br />Trust -), and (ill) Truster will defend the Trust Estate against the lawful claims of any person.
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