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<br /> NEBRASKA •
<br /> SECOND DEED OF TRUST
<br /> (HBA Loan) �o. �.
<br /> �
<br /> o.
<br /> This Second Deed of Trust (this "Second Deed of Trust"), is made as of March 27th , 1998 , by and among
<br /> SHELLY A HENKE . AN UNMARRIED INDIVIDUAL �"TNS�Of"),
<br /> whose mailing address is 806 S CLAUSSEN GRAND ISLAND NEBRASKA 68801
<br /> COMMERCIAL FEDERAL BANK. A FEDERAL SAVINGS BANK ("Trustee"), whose mailing
<br /> address is 9850 "M" ST. OMAHA. NE 68127-2056 Nebraska;
<br /> and Nebraska Investment Finance Authority ("Beneficiary"), whose mailing address is 200 Commerce Court, 1230 O Street, Uncoln, Nebraska
<br /> 68508-1402.
<br /> FOR VALUABLE CONSIDERATION, Trustor iRevocably transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF SALE, tor
<br /> the benefit and security of Beneficiery, under and subject to the terms and conditions of this Second Deed of Trust, the real property, legaily
<br /> described on Exhibk A attached hereto and incorporated herein by reference (the "Property"); and
<br /> TOGETHER WITH, all rents, profits, royafties, income end other benefits derived from the Property [collectively, the "rents"J, all leases or
<br /> subleases covering the Property or any portion thereof now or herea(ter existing or entered into, and all right, tkle and interest of Trustor
<br /> thereunder, all right, title and interest of Trustor in and to any greater estate h the Property owned or hereaRer acquired, all interests, estate
<br /> or other claims, both�in Iaw and in equity, which Trustor now has or may hereaRer acquire in the Property, all easements, rights-of-way,
<br /> tenements, hereditaments and appurtenances thereof and thereto, all water rights, all right, title and interest of Trustor, now owned hereafter
<br /> acquired, in end to any Iand, lying within the right-oi-way of any street or highway adjoining the Property, and any and all alleys and strips
<br /> and gores of land adjacent to or used in connection with the Property, and any and all bufldings, fatures end improvements now or hereafter
<br /> erected thereon (the "Improvements"), and all the estate, interest, right, title or any claim or demand which Trustor now has or may hereaRer
<br /> acqu'ae in the Property, and any and all awards made for the taking by eminent domain, or by any proceeding or purchase in lieu thereof, of
<br /> the whole or any part of the Trust Estate, including wkhout limftation any awards resuking irom a change of grade of streets and awards for
<br /> severance damages.
<br /> The Property and the entire estate and interest conveyed to the Trustee are referred to collectively as the "Trust Estate".
<br /> For the Purpose of Securing:
<br /> A. Payment of indebtedness evidenced by any promissory note of Trustor in favor of Beneficiery; and
<br /> B. Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon at the rate of sbcteen percent (16%)
<br /> 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 evidence or further
<br /> secure the payment and performances of any obligation secured hereby are refened to collectively as the "Loan Instruments".
<br /> Trustor covenants that (i) Trustor holds tkle to the Trust Estate and has lewful authorky to encumber the Trust Estate, (li) the Trust
<br /> Estate is kee and clear of all liens and encumbrances except for easements, restrbtions and covenants of record and the Deed of Trust from
<br /> Trustor encumbering the Property dated on o� about the date hereof (the "Frcst Deed of Trust"), and (iii) Tnistor will defend the Trust Estate
<br /> against the lawful claims of any person.
<br /> � NIFA 3/96
<br /> F13340.LMa(7/g7) Pape 1 0l 5
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