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<br />200703242
<br />
<br />FORM H
<br />
<br />NEBRASKA
<br />SECOND DEED OF TRUST
<br />(HBA)
<br />
<br />This Second Deed of Trust (this "Second Deed of Trust"), is made as of
<br />A P R ILl 3. 2 0 0 7 by and among
<br />MICHEA'I'I LOWE AND MFGAN IOWE AS HUSBAND AND WIFE
<br />o..e... ("Borrower", hereinafter referred to as "Trustor"),
<br />whose mailing address is 211 WEST 12TH.WOODRIVER.N E 6 8 8 8 3 .
<br />U.S. Bank Trust Company, National Association, ("Trustee"), whose mailing address is 111 SW.
<br />Fifth Avenue, Portland, Oregon 97204, and Nebraska Investment Finance Authority
<br />("Beneficiary"), whose mailing address is 200 Commerce Court, 12300 Street, Lincoln, Nebraska
<br />68508-1402.
<br />
<br />FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys and assigns
<br />to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of Beneficiary, under
<br />and subject to the terms and conditions of this Second Deed of Trust, the real property, legally
<br />described as follows (the "Property"):
<br />Lots 5 and 6. Block 7. Original Town of Wood River. Hall County,
<br />Neb r ask a '
<br />
<br />TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the
<br />Property (collectively, the "rents"), all leases or subleases covering the Property or any portion
<br />thereof now or hereafter existing or entered into, and all right, title and interest of Trustor
<br />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
<br />Trustor now has or may hereafter acquire in the Property, all easements, rights-of-way,
<br />tenements, hereditaments and appurtenances thereof and thereto, all water rights, all right, title
<br />and interest of Trustor, now owned or hereafter acquired, in and to any land, lying within the
<br />right-of-way of any street or highway adjoining the Property, and any and all alleys and strips and
<br />gores of land adjacent to or used in connection with the Property, and any and all buildings,
<br />fixtures and improvements now or hereafter erected thereon (the "Improvements"), and all the
<br />estate, interest, right, title or any claim or demand which Trustor now has or may hereafter
<br />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
<br />without limitation any awards resulting from a change of grade of streets and awards for
<br />severance damages.
<br />
<br />The Property and the entire estate and interest conveyed to the Trustee are referred to
<br />collectively as the "Trust Estate".
<br />
<br />For the Purpose of Securing:
<br />
<br />A. Payment of indebtedness evidenced by any promissory note of Trustor in favor of
<br />Beneficiary; and
<br />
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