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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 />