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200207827 NEBRASKA SECOND DEED OF TRUST (FIBA LOAN) This Second Deed of Trust (this 'Second Deed of Trust "), is made as of JULY 26, 2002 by and among NELISHA WILLIAMS ("Truster'), whose mailing address is 406 E 14TH, GRAND ISLAND, NE 68001: Conmrercial Federal Bank, A Federal Savings Bank (`TrUSIcC ), whose mailing address is PO Box 1103 Omaha, NE 68101 -1105; and Nebraska Investment Finance Authority ('Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 68508 -1402. FOR VALUABLE CONSIDERATION, Truster 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 this Second Deed of Trust, the real property, legally described on Exhibit A attached hereto and incorporated herein by reference (die "Property' )'i and TOGETHER WITH, all rents, profits, royalties, intone and other benefits derived from Ilhc 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, tide and interest of Tnhslor thereunder, all right, title and interest of Toaster in and to any greater estate in die Property owned or hercafter acquired, all interests, estate or other claims, both in Inv and in equity, which Trisha now has or may hereafter acquire in the Property, all easements, rights -of -way. tenements, hereditartcus and appurtenances thereofWar thereto, all water rights, all right, title and interest of Trustor, now owned or hereafter acquired, in and 10 any land, lying within the right -of -way ref any street or highway adjoining the Property, and 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 (tie `Improvements "), and all the estate, interest, right, title or anv claim or demand which Tmslor now has or ma hereafter acquire in the Property, and any and all awards shade for the taking by eminent donwin, or by any proceeding or purchase in lieu thereof, of the whole or any part of the Tmst Estate, including without limitation any awards resulting from a change or grade of slicers and awards for severance damages. The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the rest Estate'_ For the Purpose of Securing: A_ Payment of indebicdoeSS evidenced by any promissory male 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 Tntst, any promissory note of'inator in favor of Beneficiary and am other instnmucnt given re evidence or further secure Ihcpayment and performance of anv obligation secured hereby are referred In celleetfvely as the 'Loan Insnanients ". Tiustor covenants that (1) Truster holds title to the Trust Estate and has lawful authority to encumber the Trust Estate, (i) the 'I'rest Estate is Rce and clear of all liens and cllelmbrances except for easements, reshictima and covenants of record and the Deed of Trust from Trostra enemmbc log the Pmpeov dated on or about the dale hercof (the "First Deed of Trust r and (iii) Truster will defend the Trust Estate against the lawful Claims of any person. To Pr.. lect tlhe Security of this Second Deed of Trust: I _ Payment ofindehiednexs. Truster slat pay when due the pri ncipal of, and the interest on, the Indebtedness and all aliet sums as provided in the Loan Instruments. Tdxes. Truster shall pay each installment of all taxes and special assessments of every kind -note or hereafter levied against the Trust Estate or any pan thereof before delinquency, without notice or demand.