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<br />lllis Second Deed of Trust (this "Second D(:;:I;I l:lf Trust"). is made M (If Mllrch 15 .2006, by llnd among Francisco Q.~ ("Borrower'" herei~'\;~
<br />rcferrtd to as "1'rustor"), whoSI: mailing address ii'llJ..lH.}V 7,11 I Grand Island. NE 6,~~~; U,S. Bank Tru~:I: C(>lt1p:my, National A$$()ei;tllion. ("Trustee"), 1-\
<br />mailing address is 111 S.W. Fifth Avenue, Portland, Oregon 97204, and Nebraska Invc$lmcnt finance ^ulh(lrilY ("Bcn~liciary"). whose mailing addre5~ i~
<br />Commerce Court, J 2300 Street, Lincoln, Nebraska 68508-1402.
<br />
<br />NEBRASK^
<br />SECOND DEtt> OF TRUST
<br />(HBA)
<br />
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns to Trulltee, IN TRUST, WITH POWER OF SALE
<br />tbe bendir and SCC\ltily of Beneficlary, under and sl,Ibjcct to the terms and conditions of this Second Deed of Thl:il. lhc real pro;.pO:WI,y. legally dcscribl
<br />follows (the "Property");
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<br />Lot Tc:n (10), in alock Eight (8), in Wlillich's Addition to the City of Grtlnd Island. I.tall County, N~bra$ka
<br />
<br />roor.TI.mR WITH. all rents, profitll_ rO'ylIltie..~, income mnd othel' bcnel1tll derived from the Property (collectively. the "rents"). 1I11le!lllCll or ~tJ"h
<br />coveting the Pro~rty or any portion thereof now or hereaner existing or entered into, and all right. titl.; and interest of TrLl~;lor thc:reundcr. all right, titl(
<br />interest of Tl1lstQr in llnd to any BrclI.tc:r estate in the Property OWl'led I)f hL'tllnficr llcquil'ed. all il\leresls. estate or other elaimll. both in Illw ~nd in equity, 1.\
<br />Trustor nQw hils Of may hcreafter acquire in the Property. all easemantll. right$-Of~",!I)'-, tenements. hereditlllt1enls pnd <lPPLll1enances thereM fJtjd therc1.l
<br />water rights, all tight, title and interc~t of Tru~tor, now owned or hcrcaficr acquired, in ~nd to any land, lyil1S within the right-of-way nr 1tl'y Willi! '.It higl-
<br />adjoining the PrQJ,'Icrty. and any and all alley::: 11l1d !:Itip~ ~nd gores of land adjnllctH to or used in connection with the Property, and any and nil build
<br />fixtures and improvet'rH:nts now or herellfler erected thcr~oTj (the "Improvements"). and lllllhe I:~latc. interest. right, thle or !lny claim or demand which Trl
<br />now has or may here~ncr acquire ill the I'roperty. ltnd /lny and all awards madtl ror thl,ltllking by eminent domain. vr by I1try proceeding 01' purdlllse in
<br />thereot of the whole or any part ol'the Trust ESlillC. including without limitation any awards resulting from A '::hfl.ngr:: or grade of streets and llwatd:
<br />severance damages.
<br />
<br />The Pro~crty and the entire c$late llnd intt;rest eonveyod 10 the TrLl!\I:~e lire referred to collectively as the "Trust Estate",
<br />
<br />For the Purpose or Seeunhg:
<br />
<br />A. Payment of indl'lbtE:dncss evideneed by any promissory note ofTnlStnr in favor of Beneficiary; and
<br />
<br />B. Payment of all sums advanced by Sendi.;;illry to prOleet the Trust 8$tllti;', with internsl thereon !lIthe ralc of sixteen rtlrtlCl1l (16%)
<br />
<br />annuM_
<br />
<br />The indebtedness described il'll'llragraphs A :tnd B above is referred to ii\$ the "Indebtedness....
<br />
<br />This Secono Oeed of'rru$t, an)' promissory note of Trustor in favor of Bl:nctlciary llnd any other instrurTJI:nt given to Ilvi(lence or further sccurf
<br />payment and performance of My obligation secured herehy IlT!; referred to collectively as the "l.olln Instruments".
<br />
<br />Trustor covenilnts that (i) Truslor holds litle tt, the Trust Estate and has lawful authority to encumber the Tttlst Estate, (Ii) thll"J'rllsl, Esl,nte is free
<br />denr of alllien~ and enqltnbl1111ce5 cxeepl for easemenb;. TCstrictions and eovenant$ ~Jr record and the Deed or ntlS! from Trustor encumbering the Prop
<br />dated on or about the date hctcof(the "First Deed ofTfL1,t"'). and (iii) Trustor will defend the Trust Estate agAinstlhc lawful claims or anI' person,
<br />
<br />To Prot~<< the SI:l:urlty of this Second Deed of trust:
<br />
<br />I. Paymellt (If ft,dehtl!dlll!ss" Trustor shall pay when due the principal of, and the interc9t Qn. the Indebtednc~s and nlll11.her sums liS provi
<br />in the Loan Instromcnts.
<br />
<br />2. Taxt!.', trustor :1~all pay each in~tallment or !Ill t~xcs and special aS~CSSl11cnt5 of every kind, now ot hereafter levied Ilgllinsl the T
<br />Estate or any part thereof, before delinqlJeney, without notice or d~mlmd.
<br />
<br />3. lllsrlrnlrce arrd Repair~. Tmstor shall maint.nil\ fire ~nd extended (\~vcr~gc insurance insurins the Improvements c(JnS(it\lling part of
<br />Trust Estate ror such amounts and on !Iuch l~rms reasonably siltisfactory In eenl;fjeiary, So long a~ the Property ;s secured by a first eked of tru~t or I'r\nrtgi
<br />
<br />14
<br />
<br />03/15/2006
<br />
<br />Nt"'''' Man/Af'n....,
<br />8:43AM (GMT-06:00)
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