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<br /> S£COlUO DEEO QF TRUST • ;' `�'
<br /> (HBA I,oan) e . =:�-•-_._ ,.
<br /> ' This Second Deed of Trvst(this'Second Deed of TrusYt,is made as of JANUARY 3� t997,by and among �� • . `''-�-�-
<br /> JOSEPH MOLINA AND MARTHA MOLINA, HUSBAND AND WIFE � '..;:,,�
<br /> ,�_�, ..
<br /> . ('T�ustor'1,whose mailing address is 208 41. 15TH ST., GRAND ISLAND, NE 68801 � � ' . �4y�..:�
<br /> COI�lERCIAL FEDERAY. BANR, A FIDERAL ('Trustee'$AVINIGS BANR . whose mailiog address is 9850 "M" ST., U .. ----A�
<br /> , Nebraska; and Nebrastca Investment Finance Autherity •` ,•.,-,��:,__
<br /> P�+ary"l.whose mailing address is 200 Commerce Court. 1230 0 SVeet,Uncoln. Nebraska 68508-14p2. .: - ; e______-_
<br /> f <
<br /> • ��:�:��,,�..
<br /> FOR VALUABIE CUNSIDERATION.1'rustor iRevocabty uansfers,conveys and assigns to Trustee,IN TRUST,WfiH POW�CR '.. ' ��`�-�_�
<br /> . Q�r SAiE,for the benefit and security oi Beneflciary,under and subject to the terms and conditions of thts Secand Oeed ot Trust, � __ � ��Y'"'��� �
<br /> . the real praperty, Iegally desc�ibed an Exhibit A attached hereto and lncorporated herein by reference(the 'Property'1; and � ��:,;--.-
<br /> . • '�•�' ' • �- '
<br /> TOGETHER WITH.alt rents,pro�ts,royalties,income and other benefits derived irom the Pcaperty(caltectively,the'rents'1, ' �: • %�t.:``
<br /> all leases or subieases covedrtg the Property or a�y portian thereot now or hereafter existing or entered into,and all right,title and ��"'��
<br /> - - interest of Trustor thereunder, all right.title and interest of Trustor in and to any greater estate in the Propetty awned or hereafter . ' �
<br /> acquired, aU interests, estate ar other ctaims,both in law and in equity,which Trustor now has ar may hereatter acquire in the � ' ,;y• .;
<br /> . _.-,�;�:.�.;,• .
<br /> � Property,afi ea�se-nents,rights-of-way,tenements,hereditame�ts and appurtenances thereof and thereto,aii water rights,27J right. • '� ,��
<br /> title and intere5:af Trustor, now awrte�er hereafter acquired, in and to any land,tying within the right-o4-way of any street or ��• '�' '`
<br /> highway adjoi,s,:� ths Praperty, and arrf zr*.d all altey�and strips and�gones ot Iand adjacent to or used in connecuon nith the > •t�'�,��•:�. :,
<br /> �-o pz r t y,and an y and a11 bvd��r+g s, fa:v:es and impro�e:nents now or hereafter erected thereon(the'Improvesnents'),�r.d all the :�'�
<br /> estate,interest,�ight,title or mxy c:a:::�or demand w?�is�Tnutor now has or mab hateafter acquire in the l�FO,,ertY,an�any and .�� ��� �
<br /> ' all awards made tor the ta�cr by em:,�:►t damain, o:�y any proceeding or purchasa in lieu thereof, oi the�vhole ar ar.p�a►t of
<br /> the Trust Estaie, inctuding without limb;at�on a�y awards resulting f�om a ct�ange of grade af streets and awards for se�erance �. :.;��;` ,
<br /> :.'fS.�• damages. :���`;,'
<br /> _ —y�.
<br /> . . The Property and the enUre estate and interest comeyed to the Trustee are referred to cotlectively as the'Trust Estate'. _.� ,;'�:�
<br /> _,� -�_-
<br /> � For the Purpose ai Securing: ,.,��w• � 'j . -
<br /> ;�-}.
<br /> . ��n.�' .
<br /> � A. Payment of indehte�:��ss evida�ced by arry promissory note of Trustor in�:ar of Beneficiary; and r ,",':'::�;::;-
<br /> �� -
<br /> B. Payment o� �?s•ams advanced by��::flciary to protect ths u�;;,,-t EsWte, with interest�*nreon at the rate of --- _-_
<br />',,..: _ sixteen percent i1896)per Ea:�vm_ �
<br />'''�'.s,ll;:
<br /> ��ti;:�. The indebtedness desc�itred'c.n�y,..--ragraphs A and B above is refeRed to as tha 'tnC��.�^�dness." ...��:x�.�'�_
<br /> h�t��.
<br /> •:tl-..... �-
<br />. ' This Second Deed�S Tnut, any promissory note of Trustor in favor ati 3eneticiary and any other instrument piven to -
<br /> ;��� evidence or tufther securs tt.a payment and pertormance of any obtigation saccc�."*ereby are referred to collectivety as the'Loan �= ..� -
<br />;,',;;i';.- fnstruments'. '�- . -
<br /> ,�.�...•. .�frie�:�..�
<br />':;�}1/:: ��y .�.,
<br />:,.,.#.. Yrustor cavenants that i1)Trw.:�holds title to the Trust Estate and h�s tawtul�,.t;�=.r.ty to encumb2�the Trv.st Estate, �_.�:_.:_ .
<br /> (ii)the Trust Estate is iree and etear of a:i liens and encumbrances except for easaments,restriciions and cevenanta of record and '"`��=
<br /> ' the Deed ..:Trust irom Trustor encumbering the Pro�!3rty dated on or abo�.K�_'�Qate hereof (the 'Frst aaed of TrusYl, and � . .• ;= =
<br /> . (iii)Trustor wlll de(end the Trust Estate against the lawful claims o1 arry perscn. ��
<br /> ;�• To Protect the Security of Ws Secort��aod of Trusr. -�-- -u°�-==;-
<br /> .:.'� -�,.t.,�:T'
<br /> _�t ci••r'�:�;;:,-
<br /> 1. Pay,nent nf/adebted�ress. Trustor shall pay when due the principal of,and,r.e interest on,the Indebtedness and ;�
<br /> a9 other sums as O�oviEed in the Loan lnstruments. .T .�, -'� ;��,� ;
<br /> ' '.yYT�y� �T. -
<br /> NIFA 2/96 �'`��
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