|
200206533
<br />NEBRASKA
<br />SECOND DEED OF TRUST
<br />(HBA Loan)
<br />This Second Deed of Trust (this "Second Deed of Trust'), is made as of June 18, 2002 by and
<br />antong HEATHER J OHARA AND (" Trustee )> whose marling address is 3515 EAST SEEDLING
<br />MILE ROAD GRAND ISLAND, NE, 68801- ; COMMERCIAL FEDERAL BANK, A SAVINGS
<br />BANK, ( "Trustee "), whose mailing address is 450 Regency Parkway, Omaha, Nebraska; and Nebraska
<br />Investment Finance Authority (`Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O
<br />Street, Lincoln, Nebraska, 68508 -1402.
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns and
<br />Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />subject to the terms and conditions of this Second Deed of Trust, the real property, legally described on
<br />Exhibit A attached hereto and incorporated herein by reference (the "Propert}%'); and
<br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from thereof the
<br />now
<br />Property (collectively, the "rents,% all leases or subleases covering the Property or any Po title and
<br />or hereafter existing or entered into, and all right, the Property owned Orhereafter acquired' all interests,
<br />interest of Trustor in and to any greater which Trustor now has or may hereafter acquire in the
<br />estate or other claims, both in law and in equity' ces thereof and thereto, all
<br />Property, all easements, rights -of -way, tenements, here ditaments and appurtenances
<br />water rights, all right, title and interest of Trustor, now owned or hereafter acquired, n and all alleys any land,
<br />lying within the right -of -way of any street or highway adjoining the Property, and any and all buildings
<br />strips and gores of land adjacent to or used n connection with the Property, and anYand all the estate,
<br />fixtures and improvements now or hereafter erected thereon (the "Improvements "), .
<br />interest, right, title or any claim or demand which Trustor now has or may hereafter acquire m the Property;
<br />and any and all awards made for
<br />art of thtaking rust Estate, including nciuding withoutalunptation any awards resulting from
<br />thereof, of the whale or any p
<br />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
<br />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
<br />Beneficiary; and
<br />B Payment of all sums advanced by Bane icnumto protect the Trust Estate, with interest thereon
<br />at the rate of sixteen pert (160/.) per
<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
<br />instrument given to evidence or further secure the payment and performance of any obligation secured
<br />hereby are referred to collectively as the "Loan Instruments ".
<br />Trustor covenants that (i) Trustor holds title to the Trust Estate and has lawful authority to
<br />encumber the Trust Estate, (ii) the Trust Estate is free and clear of all liens and encumbrances except for
<br />eed of Trust
<br />g the
<br />easements, restrictions and covenants of record and the D from m Trustee Trustorbwi�ll defend the
<br />Property dated on or about the date hereof (the "First Deed of Trust"), (iii)
<br />Trust Estate against the lawful claims of any person.
<br />
|