Ir
<br />HULTMAN, D0 Gi
<br />1102520 Mrt C. C'>tn7,'
<br />i V C=
<br />:.n
<br />Gn y C> CD
<br />-�j T• c.� �/i
<br />C 7 i C. Cn
<br />�• n p CO
<br />ui Cn Ln
<br />CA
<br />2'112 a
<br />NEBRASKA S 4 J
<br />SECOND DEEP] OF TRUST
<br />(HBA Loan)
<br />This Second Deed of Trust (this "Second Deed of Trust "), is made as of March 8, 2 00 2 by and am�on��g�-*
<br />Dawn; D Hultman, A Sing1 peer sQ n <'.
<br />('Trustor "), whose mailing address is 2 l� 1 R H u s t o'n , G r.a n d t s 1 a n d N E 6 3 8 0 3
<br />Commercial Federal Bank, A Federal Savings Bank Urustefl), whose mailing address Is
<br />O m a h a Nebraska; and Nebraska Investment Finance Authority
<br />2cneficiary"), whose mailing addres Is 200 Commerce Court, 1230 O Street, Lincoln, Nebraska 65508 -1402.
<br />FOR VALUABLE CONSIDERATION, Trustor .irrevocably transfers, conveys and assigns to Trustee,. IN TRUST, WITH
<br />POWE`1 OF SALE, for the benefit and security of Beneficiary, under and subject to the terms and conditions of this Second
<br />Deed o. Trust, the real. property, legally described on Exhibit A attached hereto and incorporated herein by reference (the
<br />"Property"); and
<br />"COGEiHER 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
<br />all right, title end . interest of Trustor thereunder, all right, title and interest of Trustor in and to any greater estate .in the
<br />Property owned or hereafter acquired, all interests, estate or other claims, "both in law and in equity, which Trustor now has
<br />or may hereafter acquire in the Property, all easements, rights -of -way, tenements, hereditaments and appurtenances
<br />thereof and thereto, all water rights, all right, title and interest of Trustor, now owned or hereafter acquired, in and to any
<br />land, lying within the 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, fixtures and improvements now
<br />or hereafter erected thereon (the "Improvements "), and all the estate, interest, right, title or any claim or demand which
<br />Trustor now has or may hereafter.acquire in the Property, and any and all awards made for taking by eminent domain, or by
<br />any proceeding or purchase in lieu thereof, of the whole or any part of the Trust Estate, including without limitation any
<br />awards 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 Trustor in favor of Beneficiary; 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
<br />the "Loan Instruments ".
<br />Trustor covenants that (i) Trustor holds title to the Trust Estate and, haw lawful authority to encumber the Trust Estate, (ii)
<br />the Trust Estate is free and clear of all liens and encumbrances except for easements, restrictions and covenants of record
<br />and the Deed of Trust from Trustor encumbering the Property dated on or about the date hereof (the "First Dees! of Trust
<br />and (iii) Trustor.wil! defend the Trust Estate againstthe lawful claims of any person.
<br />To protect the Security of this Second Deed of Trust:
<br />1. Payment of Indebtedness. Trustor shall pay when due theprincipal of, and the interest on, the Indebtedness
<br />and all other sums as provided in the Loan Instruments.
<br />
|